Coal scam: India Inc backs Birla

The CII said industry would like to see that the investor and the business community do not get the wrong signal on such matters A shocked corporate India on Wednesday backed Kumar Mangalam Birla......

Alibaba to invest in Paytm; enters Indian mCommerce space

Alibaba will acquire 25 per cent stake in One97 Communications, the parent of mobile commerce firm Paytm, as the Chinese eCommerce giant makes its debut in the rapidly expanding mCommerce space in......

Etihad Airways to get right of first refusal

Will be the first choice if Naresh Goyal decides to sell stake in future The deal between Etihad Airways and Jet Airways has a ‘right of first refusal’ clause, which gives the Abu......

Book extract: HDFC Bank, Warts and All

HDFC Bank was penalised R15 lakh in April 2011 for its role in the so-called derivatives scam. By no means is this big money for the bank but such regulatory actions tarnish the image of a bank. In......