IRDAI bars Niva Bupa from opening new offices for six months

Niva Bupa Health Insurance has been barred from opening any new places of business for six months by the Insurance Regulatory and Development Authority of India (IRDAI), after the insurer…

Sensex, Nifty edge up after losing streak, but crude and bond yields limit gains

Benchmark indices opened marginally higher on Friday after snapping a run of losses in the previous session, but gains remained limited as elevated crude oil prices and pressure in global…

$40 trillion and counting: Why US just can’t stop borrowing

It took the United States nearly two centuries to rack up its first $1 trillion in debt. The latest trillion took less than five months. On August 18, the for…

Milky Mist IPO shares list at Rs 165, beats GMP with 18% debut gain

Milky Mist Dairy Food made a strong debut on the stock exchanges on Tuesday, with its shares listing at Rs 165 per share on the BSE, an 18% premium over…

Noel Tata to lead Tata Sons’ push to remain unlisted with RBI

Noel Tata, chairman of Tata Trusts and a key representative of the majority shareholder in Tata Sons, is expected to meet Reserve Bank of India officials before the end of…

Chandrasekaran’s exit splits Tata Sons board over succession next steps

N Chandrasekaran’s decision to step down as chairman of Tata Sons has triggered a fresh debate inside the country’s biggest business group, with some directors wanting him to reconsider while…

No middlemen, faster approvals: How Tamil Nadu is attracting investors

Tamil Nadu Minister for Finance, Pensions, Planning & Development, Dr N Marie Wilson said the state has seen a strong rise in investor confidence, with around Rs 1 lakh crore…

Sunil Mittal to step down as Airtel Payments Bank chair; Shabnam Sinha to take over

Airtel Payments Bank is set for a change at the top, with founder and chairman of Bharti Enterprises Sunil Bharti Mittal stepping down as its non-executive chairman. He will also…

Tamil Nadu investors seek faster approvals, better infrastructure

Tamil Nadu has built a strong industrial ecosystem over decades, but investors say the state will need to improve infrastructure, logistics, transparency and the speed of approvals to sustain its…

Inside CEO Vishal Garg’s termination: Company lays out reasons behind firing

Vishal Garg, the Indian-American entrepreneur who came in the spotlight for one of the most , is now facing a dramatic turn in his own career. Garg, who drew global…