Reuters
Economy
ADB trims India's GDP growth forecast
The Asian Development Bank said on Thursday developing Asia is on track to meet the lender's growth expectations for this ......
Finance
Allahabad Bank reports SEL Manufacturing's $100 mn fraud
Allahabad Bank Ltd on Wednesday reported a 6.89 billion rupees ($100.1 million) fraud related to textile company SEL Manufacturing Ltd ......
Finance
SoftBank's Masayoshi Son says Japan lacks investment opportunities, lagging in AI race
SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities ......
Finance
CARE Ratings sends CEO Rajesh Mokashi on leave pending inquiry
India's CARE Ratings Ltd has placed Chief Executive Officer Rajesh Mokashi on leave until further notice, the company said late ......
Finance
Punjab & Sind Bank reports fraud in Bhushan Power account
India’s Punjab & Sind Bank (PSB) said on Wednesday it has reported a 2.38 billion rupee ($34.58 million) fraud to ......
Finance
Govt plan to issue foreign currency bonds faces opposition from RSS wing
An influential Hindu nationalist group close to Prime Minister Narendra Modi’s ruling party has demanded his government review its plan ......
Manufacturing
Vedanta's Zambia copper mine may get nine bids
Zambia expects nine companies to submit bids for Konkola Copper Mines (KCM) within weeks, mines minister Richard Musukwa said on ......
Healthcare
US FDA says drugmaker Strides Pharma Science shredded key documents
A U.S. Food and Drug Administration (FDA) investigator discovered that India’s Strides Pharma Science Ltd, which exports to the U.S. ......
Markets
Sensex gains for third day in a row as SBI, Indiabulls Housing surge
Indian shares closed higher for the third straight day on Wednesday, boosted by gains in financial stocks, with top lender ......
Infrastructure
Jet Airways lenders attempt to sell bankrupt carrier again
Lenders to Jet Airways will open bids to sell the bankrupt airline on July 20, as they look to recover ......
