‘India’s growth potential is strong’: Moody’s maintains stable outlook on Indian banks

India’s banking sector outlook remains stable and is supported by economic growth and improved financials, Moody’s Investors Service said on Wednesday. In the last few weeks, concerns were raised about…

Wipro chairman Rishad Premji: Modern workplace is for authentic, empathetic, vulnerable leadership

Wipro Chairman Rishad Premji on Wednesday said that the dynamics of leadership are changing in modern-day workplaces. Premji said that the days of authoritarian leadership are diminishing, while the vulnerable…

Bill Gates meets Ratan Tata, Sachin Tendulkar; share ideas on philanthropy

Co-founder of tech megalith Microsoft Bill Gates met Tata Sons chairman emeritus Ratan Tata and Tata Sons chairman Natarajan Chandrasekaran on Wednesday. Tata and Gates, both known for their philanthropic…

Wipro Chairman Rishad Premji reveals what he looks for in a candidate, and it’s not only talent

Wipro Chairman Rishad Premji on Wednesday while speaking with Business Today’s Aabha Bakaya at Nasscom Technology & Leadership Forum 2023 revealed his hiring formula. Premji, upon being asked how he…

GST collection for February at Rs 1.49 lakh crore; 12% higher than February 2022

Goods and Services Tax (GST) collection for February has been recorded at Rs 1.49 lakh crore, which is 12 per cent higher than the GST collection of February 2022. The…

Adani Group says it has secured $3 billion credit from sovereign wealth fund, claims report

The Adani Group has told its creditors that it has secured a $3 billion loan from a sovereign wealth fund, a Reuters report said on Wednesday. Two sources with knowledge…

Tata Power Renewable Energy announces completion of capital infusion worth Rs 4,000 crore

Tata Power’s subsidiary, Tata Power Renewable Energy (TPREL), has said that it has received the second and final round of investment worth Rs 2,000 crore from GreenForest New Energies Bidco…

Manufacturing PMI changes little to 55.3 in February from 55.4 in January

India’s manufacturing activity changed little, almost remained flat, in the month of February, according to the S&P Global PMI data. Manufacturing PMI was recorded at 55.3 in February, as against…

Axis Bank completes acquisition of Citibank’s India consumer business

Mumbai-headquartered Axis Bank has completed the acquisition of the India consumer business of the Citigroup-owned foreign bank Citibank for Rs 12,325 crore prior to evaluation of the closing position of…

Adani Group’s high debt is not a con but…: Valuation guru Aswath Damodaran

The Adani Group as a whole has too much debt and it has done more harm than good for the conglomerate, valuation guru Aswath Damodaran said in another blog post…