Global retail major Walmart on Tuesday announced the launch of Vriddhi Cares, in order to extend COVID-19 support to MSME employees and their family members in the country. Under this, the company will help micro, small and medium...

Securities and Exchange Board of India (Sebi), in its board meeting approved amendments to rules on Infrastructure Investment Trust (InvITs) and REITs. To ensure fund managers allocate investors’ money with prudence, Sebi...

Bharti Global, a subsidiary of the Bharti Group, said in a statement on Tuesday that it will spend more than Rs 3700 crore in OneWeb, in addition to the investments it has already made in the low-earth orbit satellite communications company....

Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Reliance Industries (RIL) to set up “a new world-scale” chlor-alkali, ethylene dichloride and polyvinyl chloride (PVC) production facility at the TA’ZIZ in...

Finance Minister Nirmala Sitharaman announced a series of steps aimed at pushing credit off-take in priority areas like health infrastructure and the severely hit tourism sector by providing interest-rate concessions as part of a first set of...

Banks need to operate on lower net interest margins for the betterment of the economy, an official of State Bank of India stated on Monday. Speaking at a webinar organized by MCCI, deputy managing director V S Radhakrishnan suggested that...

Reliance Industries and Abu Dhabi National Oil Co (Adnoc), state-run oil firm of the UAE, have finalised a settlement for a petrochemical three way joint venture one and a half years after signing a broad framework settlement. Mukesh Ambani...

The Securities Appellate Tribunal (SAT) has given partial relief to the Franklin Templeton AMC on the Securities and Exchange Board of India’s order, asking the fund house to disgorge Rs 512 crore and restraining it from launching new debt...

The Securities and Exchange Board of India (Sebi) has kept in “abeyance” the processing of Go Airlines draft papers for an initial public offering (IPO) worth Rs 3,600 crore. The company filed preliminary papers for an initial share...

India’s economy exhibited more indications of cooling in May, although the weakness is already beginning to dissipate of late as the nation escapes lockdowns enforced to check the pandemic’s spread. A slew of data from services...