Policy consistency is critical for investors: PwC chairman
PricewaterhouseCoopers (PwC) International chairman Dennis Nally is in India to release a report that suggests that the country has the potential to grow at 9% annually and become a $10-trillion economy by 2034 from under $2 trillion currently. He spoke to TOI about the steps that the government... read more »
Hawks circle over Iran talks extension
WASHINGTON – Buoyed by the failure of the US and five other powers to reach a comprehensive agreement with Iran over its nuclear program after a week of intensive talks, pro-Israel and Republican hawks are calling for Washington to ramp up economic pressure on Tehran even while talks... read more »
Indian Railways team in China for Delhi-Chennai bullet train
BEIJING: An Indian Railways team is in China to chalk out plans for conducting feasibility study to build the 1,754 km-long Delhi-Chennai high-speed train corridor, world’s second largest bullet train line. The high-level team of officials from Rail Vikas Nigam Limited led by Satish... read more »
World powers miss Iran nuclear deal deadline, extends it to July 1
Vienna: Iran and world powers missed a deadline to clinch a landmark nuclear deal and defuse a 12-year standoff but gave themselves seven more months to reach agreement. The failure followed an intensive five-day diplomatic push in the Austrian capital Vienna involving the foreign ministers of... read more »
Adani Power buys Avantha’s 600 MW plant for Rs 4,200 crore
MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10... read more »
Flipkart raises $600 million in fresh funding at pre-money valuation of $10 billion
MUMBAI: India’s largest e-commerce player Flipkart has closed a $500-600 million fresh financing round led by its existing large investors at a massive pre-money valuation of $10... read more »
Gold futures up at Rs. 26,870 on short-covering
NEW DELHI, NOV 24: Gold rose 0.37 per cent to Rs. 26,870 per 10 grams at the futures trade today as participants covered-up their short positions even as the metal dropped from... read more »
Kotak Mahindra’s insurance venture to get fresh boost from group’s deal to buy...
MUMBAI: Kotak Mahindra’s insurance venture is likely to get a fresh boost from the group’s deal to buy smaller rival ING Vysya BankBSE -1.69 %. The strong SME portfolio of ING... read more »
Maharashtra: Will Sena join the govt to bail out BJP’s gree...
Mumbai: The BJP’s minority government in the state will be up for a stormy winter session in the Assembly if the Shiv Sena refuses to join the ministry in this week’s cabinet expansion.... read more »