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Prime mover’ Mallya used IDBI loan for Kingfisher Airlines to fund F1 race team, says ED

The ED filed the chargesheet a day after the Westminster Magistrates Court in London granted Mallya bail till December 4 in the extradition...

China, Kazakhstan sign cooperation deals worth over $8 billion during President Xi’s visit

The two sides signed at least 24 deals in different fields including energy, mining, chemical industry, mechanical manufacturing, agriculture and infrastructure. Chinese and Kazakh...

Forex kitty at life-time high of USD 381.167 billion

Foreign currency assets (FCAs), a major component of overall reserves, increased by USD 2.748 billion to USD 357.290 billion in the reporting week,...

RBI chief Urjit Patel to appear before parliamentary panel on July 6 to discuss ‘demonetisation

Reserve Bank of India (RBI) governor Urjit Patel will appear before a parliamentary panel on July 6 to discuss the demonetisation move. It is...

At one-third of global average, India’s average 4G internet speeds even lower than Pakistan:

Ranked at 74 in a list of 75 countries, the average 4G data speed of 5.14 Mbps places India just a notch above...

In regulatory filing in US, Wipro lists Donald Trump among risks to business

The instance marks the first incident in years when an IT firm has listed a US President as a risk to business In what...

Infosys founders Narayana Murthy, others looking to sell their entire stake in company:

The Infosys promoter group, which includes Murthy, Nandan Nilekani, Kris Gopalakrishnan, S D Shibulal and K Dinesh, are exploring a sale of their entire...

India, US, China among favourite FDI destinations: UNCTAD

A report by United Nations Conference on Trade and Development (UNCTAD) on Wednesday said that India, United States and China continue to be the...