Economic Times
The ED, meanwhile, has informed the court that it is "willing" to release the properties. If the court approves the demand, it will allow the board to
The Directorate General of Goods and Services Tax Intelligence has issued show cause notices to over a dozen food and beverage companies regarding tra
The insurance ombudsman system in Mumbai is experiencing a rise in complaints, particularly in the health insurance sector. With several ombudsman pos
AK Lahoti, chairman of the Telecom Regulatory Authority of India (Trai), said more innovative 5G-driven use cases are expected to emerge in smart citi
Housing finance companies like PNB Housing Finance, Godrej Capital, and Hudco are exploring overseas markets to raise over $2 billion due to rising fu
Public sector banks in India will propose measures to the Reserve Bank of India to expedite the return of unclaimed deposits. Banks will analyze facto
Some are privately hoping for a return of Donald Trump in the White House for his campaign promise to bring exempted goods like laptops and smartphone
L&T Finance's CEO Sudipta Roy discusses the company's cautious approach amid rising delinquencies in microfinance and unsecured loans. Despite challen
While experts have termed the deal, which is the largest by any telco this year, as a significant step in terms of network capex, they feel that addit
At Mercedes-Benz India, vehicles priced upwards of Rs 1.5 crore accounted for 25% of total sales so far this year, up from 15% two years earlier, said
Institutional investors in India's residential real estate sector are diversifying their investments, now including early-stage projects. This shift i
Reliance Power plans to raise ₹6,000 crore to expand its operations after becoming a debt-free company. The board will meet to consider raising fund
Air India is accelerating its upgrade of in-flight services on key international routes to the US and Europe. The airline plans to introduce first-cla
A study by RBI economists reveals that priority sector lending (PSL) improves banks' asset quality, especially after the asset quality review. The res
Air India marks a significant milestone by launching its new A350 aircraft on the Mumbai-London route, echoing its historic first international flight
Anil Ambani's Reliance Group has announced significant debt reduction and new fund-raising plans, signaling a potential transformation. Reliance Infra
Passengers at several Indian airports are facing disruptions in lounge access due to DreamFolks Services Ltd suspending its services. Adani Airport Ho
The performance of NBFCs has seen improvement since 2022 after the implementation of scale-based regulations. A study by RBI economists highlights the
The Railway Ministry will launch a special ticket-checking drive during the festive season to curb ticketless travel, including by policemen. The driv
India's retail space in shopping malls is set to expand by 18 million sq ft during 2024-27 across eight major cities, meeting only one-third of the pr
