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RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

Economy

05 October, 2018

RBI springs surprise by keeping repo rate unchanged, rupee tumbles to record low

The Reserve Bank of India held its policy rate unchanged, surprising most analysts who had expected a rate increase to ......

ICICI PE arm eyes stake in Micro Plastics; IL&FS exits Runwal Group project

General

05 October, 2018

ICICI PE arm eyes stake in Micro Plastics; IL&FS exits Runwal Group project

ICICI Venture, the private equity arm of ICICI Bank, is in talks to pick up a significant minority stake in ......

How Chanda Kochhar and other outgoing bank CEOs fared during their tenures

Finance

04 October, 2018

How Chanda Kochhar and other outgoing bank CEOs fared during their tenures

There’s an undeniable churn in the leadership of India's biggest private-sector banks. Chanda Kochhar’s rather...

Piramal's Khushru Jijina on housing market, growing demand for debt and more

Finance

04 October, 2018

Piramal's Khushru Jijina on housing market, growing demand for debt and more

India’s real estate industry has been going through a slowdown for the past few years, though there have been pockets ......

Chanda Kochhar quits ICICI Bank, Sandeep Bakhshi new CEO

Finance

04 October, 2018

Chanda Kochhar quits ICICI Bank, Sandeep Bakhshi new CEO

ICICI Bank Ltd said on Thursday it has appointed Sandeep Bakhshi as Chief Executive Officer to replace Chanda Kochhar, who ......

SoftBank eyes stake in Delhivery; VBHC Value Homes puts off IPO plan again

General

04 October, 2018

SoftBank eyes stake in Delhivery; VBHC Value Homes puts off IPO plan again

Japanese firm SoftBank Group Corp's Vision Fund is in talks to invest $200-250 million (Rs 1,475-1,844 crore) in e-commerce...

India services activity drops to four-month low in September

Economy

04 October, 2018

India services activity drops to four-month low in September

Activity in India's dominant services sector eased to a four-month low in September on dwindling demand, while intensifying...

Future Lifestyle eyes Pepe Jeans India; TVS Logistics seeks stake in Gati unit

General

03 October, 2018

Future Lifestyle eyes Pepe Jeans India; TVS Logistics seeks stake in Gati unit

Future Lifestyle Fashions is in advanced discussions to acquire the India unit of apparel maker Pepe Jeans, The Economic Times...

IMF appoints Harvard professor Gita Gopinath as chief economist

Finance

01 October, 2018

IMF appoints Harvard professor Gita Gopinath as chief economist

The International Monetary Fund (IMF) on Monday appointed Gita Gopinath as its chief economist to replace Maurice Obstfeld, who...

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Job crisis: How India's biggest corporate employers fared in recent years

General

01 October, 2018

Job crisis: How India's biggest corporate employers fared in recent years

In 2014, the Bharatiya Janata Party and its leader Narendra Modi promised to create 100 million new jobs if voted ......

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