Bids for the debt-laden textile company Sumeet Industries have been weaker than lenders' expectations as high input costs and weak demand i...

These bidders are UP-based Bhola Ram Papers & Power, Bhilosa Industries and Bhumi Tex Industries of Mumbai, Gujarat's Eagle Group and Silva...

Resolution professional Satyendra Khorania confirmed the extension of the timeline through an email response. Bidders for the distressed co...

UBS, in a Tuesday filing to the U.S. Securities and Exchange Commission, told investors it had less than four days to conduct due diligence...

HSBC, which currently owns a 49% stake in HSBC Jintrust Fund Management, has signed an agreement with Shanxi Trust under which the Chinese ...

Singapore's largest bank, DBS Group, has announced a quarterly net profit of S$2.57bn ($1.9bn) for Q1 2016, up 43% on the same quarter a ye...

In the teaser, Radhika Apte can be seen struggling to perform the household chores. However, in the next scene, Apte can be seen performing...

The film will be screened under the 'A Window on Asian Cinema' section.

Simon Hu’s resignation as Ant Group CEO comes at a time when the fintech giant is being pushed by regulators to revamp operations after its...

Didi had for years aimed for a U.S. IPO because of the prestige of a New York listing, the presence of comparable peers like Uber and Lyft ...

The revelations underscore challenges for regulatory and financial institutions trying to stop the flow of dirty money despite billions of ...

Europe's biggest bank by assets said profit before tax came in at $3.21 billion for January-March, down from $6.21 billion a year ago and b...

The notice to remove art installation came after objections raised by various citizen and welfare groups as Marine Drive comes under world ...

India has always dealt with sexual offences in haste; but with victims turnimg vocal, cos are struggling to develop right strategy to negat...

According to industry observers, Indian IT cos have become serious about identifying suitable startup ventures with the intent of investing.

Don't rush for the exit at the first opportunity. Make an informed decision after factoring in all the changes.

MNCs recognise senior executives' experience in India, send them to head foreign operations as economy looks up.