Peter, Indrani siphoned off funds from 9X media: CBI

Closing in on the financial trail in the Sheena Bora murder case, the Central Bureau of Investigation on Thursday told a court that former media baron Peter Mukerjea and his wife Indrani allegedly......

Is foreign exchange rate stability desirable? Not really

The recent depreciation of the rupee along with sharp fall in the country’s foreign exchange (FX) reserves has sparked a debate whether stability of the exchange rate is necessary and......

'We want to build best housing finance company of future'

'Opportunity is there in each segment of the market. There is opportunity in affordable and specifically governed by government initiatives as well as for housing for all.' Photograph: Kind......

Adani Green to raise $409 mn bonds to repay loan

Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani's conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this......

Singapore-based DBS Bank plans to trim India branches in 2-3 years

The combined deposits of its Indian operations stood at SGD 9 billion and net advances were at SGD 5.6 billion at the end of December 2020. Singapore-based DBS Bank plans to scale down its network......