India is Pulling ahead of China in the Solar Power Race

India is Pulling ahead of China in the...

Since its big entry a decade ago, China has led the global solar energy...

Nearly 150 million untapped retail credit borrowers in...

The study calculated that approximately 220 million consumers meet the target age range — from 20 to 69 — and minimum income level, which is assumed as...

SoftBank Agrees to Sell Flipkart stake to Walmart

SoftBank has agreed to sell its entire 21% stake in Flipkart to US retail giant Walmart, ending the uncertainty created after the Japanese telecom and...

Changing times: Captives beat Indian IT in Hiring

Captive centres in India of global firms have hired nearly 1.3 lakh people last year and they have overtaken for the first time in a decade the number of people hired by Indian IT services and back-office companies, said industry experts....

India is World’s 6th Richest Country; Wealth Could Triple by 2027

India is the sixth wealthiest country in the world with a total wealth of $8,230 billion, while the US is the richest nation globally, says a report.

Kumar Mangalam Birla's UltraTech Cement is Buying Century Textiles’ Cement Unit

The share swap deal, which values Century's cement business at INR 8,621 crore, will see UltraTech absorb a debt of INR 3,000 crore. The acquisition will help UltraTech cross 100 million tonnes per annum in...

Cryptocurrency Struggles Below $9000

The value of bitcoin has seen relatively significant losses over the last week, following a period of relative stability hovering above $9,000. If it continues its poor form, it could fall below $9,000 in the coming days.

Punjab National Bank Suffers Biggest-Ever Quarterly Loss for an Indian Bank at Rs 13,417 Crore

Punjab National Bank (PNB) reported a Rs 13416.91 crore ($1.98 billion) fourth-quarter net loss on Tuesday, the biggest-ever by an Indian lender as the state-run bank booked provisions to cover a massive fraud.

Google Announces the Roll Out of a New Low-Cost Cloud Storage Plan called 'Google One'

Revamping its Google Drive online storage subscription plans, the tech giant has announced to roll out a new, low-cost storage plan called "Google One". "Thanks to mobile phones and new file formats like 4K video and high-res photography, peop

Decks Clear for Hero-Munjal consortium to Takeover Fortis

The board of directors of Fortis has decided to recommend the binding offer of the Hero and Munjal consortium. It is a majority decision by the board, Fortis said in a late-night release.“The entire exercise involved a process that witnessed...

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