Adani earlier this month appointed corporate finance firm Grant Samuels advise on overall funding for the project.

The cuts are part of a plan to reduce the bank's cost-base worldwide. There will be 1,600 job cuts in Switzerland and 2,000 in the US.

Britain's third largest bank Barclays PLC (BARC.L) is close to naming former JPMorgan Chase (JPM.N) banker Jes Staley as chief executive.

“Foreign institutions have been downsizing from the investment banking and global markets,“ said Romesh Sobti, managing director and chief ...

Many of the young entrepreneurs have a history of achievement to their credit and are currently running fairly successful businesses.

Nanda's big challenge will be to revive the Escorts tractors business, which brings in 80% of revenues, but has lost market share.

Deutsche Bank AG is targeting wasteful spending on IT systems and real estate in an austerity drive to correct previous excesses.

IIM-Calcutta has already received 45 pre-placement offers, or PPOs, and 17 preplacement interviews, or PPIs, for students in the 2012 batch.

Japan's economy was paralyzed for a decade as banks failed to deal with their troubled loans. That's why it's nothing short of stunning to ...

Recessionary trends seem to have hit Tier II B-schools harder than the top rung management schools this year.

CBoP shareholders will get one HDFC Bank share for every 29 shares they hold as per the swap ratio approved by the boards of the respective...