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Ratan Tata to continue heading Tata Trusts for now, says Tata Sons

General

16 December, 2016

Ratan Tata to continue heading Tata Trusts for now, says Tata Sons

Tata Sons Ltd said on Friday interim chairman Ratan Tata has no plan to step down from the chairmanship of ......

Fairfax India raising $500 mn to add fresh firepower

General

16 December, 2016

Fairfax India raising $500 mn to add fresh firepower

Fairfax India Holding Corporation, part of India-born Canadian billionaire Prem Watsa’s Fairfax Financial Holdings Ltd, is raising as much as ......

Nusli Wadia files $450 mn defamation suit against Tata Group in Bombay High Court

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16 December, 2016

Nusli Wadia files $450 mn defamation suit against Tata Group in Bombay High Court

Nusli Wadia, chairman of the Wadia Group and an independent director on the boards of three Tata group companies, has ......

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AU Financiers hires bankers for IPO, expects issue in mid-2017

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15 December, 2016

AU Financiers hires bankers for IPO, expects issue in mid-2017

Small finance bank applicant AU Financiers (India) Ltd has finalised four merchant bankers to float its initial public offering and ......

Investment returns seen slowing on demonetisation, global uncertainty: Karvy report

General

15 December, 2016

Investment returns seen slowing on demonetisation, global uncertainty: Karvy report

Investors should brace for a turbulent 2017 as the government’s demonetisation drive and global factors such as the shock victory ......

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Bombay HC restrains Lloyds Bank, RBS to make demand against Axis Bank in F1 case

General

15 December, 2016

Bombay HC restrains Lloyds Bank, RBS to make demand against Axis Bank in F1 case

The Bombay High Court has restrained two British lenders, Lloyds Bank and the Royal Bank of Scotland, from invoking any ......

Why the US Fed's rate hike is not good news for India

General

15 December, 2016

Why the US Fed's rate hike is not good news for India

The US Federal Reserve on Wednesday raised interest rates in a widely expected decision and said it expects as many ......

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In Charts: Is financial cybercrime really a big threat to India's economy?

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14 December, 2016

In Charts: Is financial cybercrime really a big threat to India's economy?

Ever since India demonetised Rs 500 and Rs 1,000 notes, the government has been pushing the idea of a cashless ......

Mistry may have lost TCS but here's why he could still give a tough fight to Tata

General

14 December, 2016

Mistry may have lost TCS but here's why he could still give a tough fight to Tata

On Tuesday, shareholders of Tata Consultancy Services (TCS), the largest company in the $100 billion Tata group, voted to oust ......

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Creador makes final close of third private equity fund

General

13 December, 2016

Creador makes final close of third private equity fund

South- and Southeast Asia-focused private equity firm Creador, which has backed companies such as Somany Ceramics, Ashiana Housing and City ......

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