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Finance
RBI names BP Kanungo to run monetary policy after Viral Acharya quits
The Reserve Bank of India (RBI) said on Tuesday it had assigned deputy governor B.P. Kanungo to run the monetary ......
TMT
Facebook to pay $5 bn fine to settle privacy violation allegations
The Federal Trade Commission is set to announce on Wednesday that Facebook Inc has agreed to a sweeping settlement of ......
Finance
AIIB scraps plan to fund new Andhra capital after Chandrababu Naidu loses elections
The Beijing-backed Asian Infrastructure Investment Bank has dropped plans to finance a new capital for Andhra Pradesh, after the...
General
Govt moves bills in parliament to overhaul labour laws
India moved on Tuesday to overhaul decades-old labour laws, some dating from British colonial rule, by introducing two key measures...
People
Anand Piramal invests in Snapdeal
Anand Piramal, the executive director of real-estate and pharmaceutical major Piramal Group, has invested in e-commerce platform...
Infrastructure
How NHB's move to stop subvention schemes may affect developers, lenders and buyers
The already troubled real estate sector could be in for more pain after the National Housing Bank (NHB) tightened the ......
Consumer
Carpediem-backed 1-India Family Mart appoints industry veteran as COO
Retain chain 1-India Family Mart, operated by Nysaa Retail Pvt. Ltd, has appointed Venugopal Konchada as its chief operating officer. Nysaa...
Infrastructure
Supreme Court asks NBCC to complete Amrapali's real estate projects
The Supreme Court has ordered state-run NBCC (India) Ltd to take over the unfinished real estate projects of Amrapali Group, ......
Finance
Dewan Housing auditors raise red flags around quarterly results
India’s Dewan Housing Finance Corp Ltd (DHFL) filed its long-delayed audited results for the quarter ended March 31 late...
Finance
Rise in govt borrowing can weigh on corporate sector, says RBI's Acharya
An increase in government borrowing runs the risk of flooding the debt market, while making it expensive for companies to ......
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