Mukesh Ambani is set to become Asia’s richest person

Jul 13 2018

Mukesh Ambani is poised to overtake Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.

SBI's Bond Plan Eyed by India Firms Mulling Offshore Return

Jul 13 2018

A planned bond sale by State Bank of India may help the nation's borrowers decide whether the timing is right to return to the offshore market, which they've been shut out of amid an emerging-market rout.

Surging Housing Costs May Prompt India to Raise Rates Again

Jul 13 2018

The stage seems set for the Reserve Bank of India to deliver another hike in interest rates. Reason - retail inflation accelerating to a five-month high.

Billionaire Adani Among 400 Bidders for India City-Gas Licenses

Jul 11 2018

Billionaire Gautam Adani's gas retailing unit is among firms that submitted 400 bids for the 86 areas the Indian government offered in its latest auction for city-gas licenses.

The Secret to Startup Survival: Entrepreneurs Tell Their Tales

Jul 05 2018

Starting a business isn't easy, and starting a successful one is even harder.

Bond Vigilantes Won’t Let India Use a Band-Aid on Banks

Jul 04 2018

This week began with a proposal for a national asset management company, or bad bank, as if 21 state-run lenders weren’t enough bad banks.

Indians’ Love for Electronics Is a Current-Account Shocker

Jul 04 2018

Indians’ love for gold is well known, but they have a new-found fascination for electronics. That, however, is coming at a cost.

Apple, Samsung Declare Peace in Biggest Modern Tech Patent Fight

Jul 02 2018

The biggest patent battle of the modern technology world has finally come to an end after seven years.

Online Bigotry Is Becoming a Risk for India's Biggest Companies

Jul 02 2018

A wave of religious intolerance as India heads toward elections is emerging as a new risk for its biggest companies.

Bitcoin Jumps Back Above $6,000 to Give Respite to Investors

Jul 02 2018

The weekend is offering some respite for Bitcoin investors. The bellwether of the cryptocurrency world rose 8 percent to $6,338.22 as of 5:30 p.m. in New York on Saturday.

Indian Markets


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Global Markets


Stocks In News



ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh


In pact with Reliance Nippon to sell Mutual Fund products

Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis


Plans to sell part of se Asia biz as part of strategy to exit non scalable biz

To sell Singapore & Thailand units valuing them at $ 500Mn

Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA

To turn focus to domestic market



Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm


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