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DBS Bank appoints Rajat Verma as India CEO

People

30 December, 2024

DBS Bank appoints Rajat Verma as India CEO

Singapore's DBS Group has appointed Rajat Verma as chief executive officer of DBS Bank India, it said on Monday, to succeed ......

Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 bn deal

Consumer

30 December, 2024

Adani group to exit consumer goods joint venture with Singapore's Wilmar in $2 bn deal

India's Adani group will exit the consumer goods joint venture with Singapore's Wilmar International in a deal valued at $2 ......

Rupee slumps to record low, logs worst day in nearly 7 months as dollar bids spike

Finance

27 December, 2024

Rupee slumps to record low, logs worst day in nearly 7 months as dollar bids spike

The Indian rupee fell to an all-time low on Friday, as maturing non-deliverable forwards and currency futures boosted dollar demand, ......

Auto leads recovery in stock market after last week's slide

Finance

27 December, 2024

Auto leads recovery in stock market after last week's slide

Indian shares rose on Friday to log gains in a holiday-thinned week, led by auto stocks after last week's sharp ......

Osamu Suzuki, who led Japanese automaker into India, dies at 94

People

27 December, 2024

Osamu Suzuki, who led Japanese automaker into India, dies at 94

Osamu Suzuki, an ingenious pennypincher who led Japan's Suzuki Motor for more than four decades and played a key role ......

UltraTech buys stake in Star Cement for up to $100 mn

Manufacturing

27 December, 2024

UltraTech buys stake in Star Cement for up to $100 mn

India's UltraTech Cement will buy an 8.69% stake in Star Cement, it said on Friday, in a deal that could ......

Govt considers cutting personal income tax to lift consumption

Finance

26 December, 2024

Govt considers cutting personal income tax to lift consumption

India is considering cutting income tax for individuals making up to 1.5 million rupees ($17,590) a year in February's budget to ......

Rupee ends at record closing low for third straight session as dollar firms

Markets

26 December, 2024

Rupee ends at record closing low for third straight session as dollar firms

The Indian rupee settled at a record closing low for a third consecutive session on Thursday, pressured by a firm dollar ......

Rupee ends at fresh record low as free fall continues for sixth straight day

Economy

24 December, 2024

Rupee ends at fresh record low as free fall continues for sixth straight day

The Indian rupee weakened to its all-time low for the sixth consecutive trading session on Tuesday as a rise in ......

Sensex, Nifty end session in the red as IT, metal stocks drag

Finance

24 December, 2024

Sensex, Nifty end session in the red as IT, metal stocks drag

Indian benchmark indexes settled lower on Tuesday, dragged by information technology and metal stocks, with trade expected to be rangebound ......