Admitting slowdown, RBI lowers growth forecast to 6.9%
Mumbai | With the headwinds to growth rising from all around, Reserve Bank governor Shaktikanta Das Wednesday admitted the economy is in a slowdown mode, but...
Category : Business & Finance
E-Commerce Giant Amazon Plans to Acquire Stake in Brick and Mortar Reliance Retail
The world’s richest man is proposing to acquire stake in a company owned by Asia’s richest man. Reports are rife since a few days that...
How 30 Steel Co’s shut their doors because of Tata Motors
Some problems that home grown auto major Tata Motors is facing is its domestic sales have reported a 34% drop to roughly 33,000 units in...
The Rating Agencies that Lied
After the government disbanded the ILFS board of directors and appointed a new one under the chairmanship of Uday Kotak, one of the first decisions...
How the Ruias delayed an insolvency process from 270 to 720 days
The key reason for the enactment of the Insolvency & Bankruptcy Code in 2016 was so that resolutions could be brought about in a time...
Are more judges the solution?
The ongoing bitter fued for the takeover of Essar Steel by Arcelor Mittal, through the insolvency proceedings at the NCLT, is a classic case of...
Mukesh Ambani keeps salary capped at Rs 15 crore for 11th year in a row
New Delhi |Richest Indian Mukesh Ambani has kept his annual salary from his flagship firm Reliance Industries capped at Rs 15 crore for the eleventh...
Rising Intolerance, Hate Crimes Can “Seriously Damage” Growth: Adi Godrej
Mumbai | Noted industrialist Adi Godrej Saturday warned that the rising intolerance, hate crimes and moral policing can “seriously damage” economic growth of the nation. Adi...
Sensex suffers biggest single-day loss in 2019 on budget woes, global selloff
Mumbai | Market benchmark BSE Sensex on Monday plummeted by 793 points or 2 percent, its biggest single-day loss this year so far, due to heavy...
‘Thought FM would hit boundaries, but she took singles’: Anand Mahindra on Union Budget
Mumbai | Mahindra Group chairman Anand Mahindra reacting on the 2019 Union Budget presented by Finance Minister Nirmala Sitharaman said that the finance minister was...