Colombo port adds to India's China woes

The race to build Sri Lanka's newest and most competitive terminal as part of the South Harbour project in the Colombo port has begun, with five of the best of corporate names locally and in the......

Vodafone to infuse Rs 3,375 crore in VIL

Promoter Vodafone plans to infuse up to Rs 3,375 crore into debt-ridden Vodafone Idea Ltd as part of the company's proposed raising of funds worth Rs 14,200 crore. Illustration: Dominic......

S&P upgrades five Tata group companies

S&P Global Ratings on Thursday upgraded ratings of five companies of the Tata group including Tata Steel, Tata Motors and Jaguar Land Rover (JLR) reflecting its reassessment of the ongoing......

Reliance Q3 net up 12% on strong momentum in retail, Jio

Billionaire Mukesh Ambani's Reliance Industries Ltd on Friday reported a better-than-expected 12 per cent rise in December quarter net profit on improving oil-to-chemical business, strong continued......

Lakshmi Vilas Bank had dug its own grave

Its obsession for growth, chasing corporate clients and giving up its original mandate of meeting the needs of local trade and businesses. A quarter of its loan book has gone bad.That's an error of......

Uruguay's star footballer Forlan among HSBC's Swiss account holders

Uruguayan soccer player Diego Forlan on Monday denied evading taxes by hiding money in Swiss accounts with the British bank HSBC Holdings PLC. Forlan was among a list of rock stars, Hollywood......