Deliveries of the double-decker A380 jets will stop by 2021 as Emirates, the only remaining major buyer, cut its order by 39 jets.
Assumptions for economic growth & deficits made in the interim budget are subject to much debate, CAFRAL director Amartya Lahiri says.
Panel questions highest rating to debt instruments of IL&FS group even when the company was highly leveraged and at the brink of default.
Money from Axis Bank Ltd.’s share sale and Vodafone Plc’s investments in its India unit are supporting the rally in the rupee
Birla's Hindalco, which is part of the huge Aditya Birla Group, has put together a consortium of global banks to fund its takeover of aluminum producer Aleris Corp.
Government's policy changes to tackle sour debt may spell growth for the next three fiscal years.
Investcorp Bank plans to provide structured credit to real estate sector
IDBI Bank has routed the request through the Department of Financial Services in the finance ministry.
Core inflation has remained sticky at around 6% and is a key reason economists cautioned against more rate cuts after last week’s surprise easing.