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More to India-US tango than just N-deal

 Contrary to what it may seem, United States President George W Bush's maiden India visit is not just about the landmark India-United States nuclear deal.There are other agreements that came about......

Time For RBI To Change Penalty Rules

 Penalty must act as a deterrent.If it is too low, it could encourage the regulated entities to lap up penalty instead of complying with the norms, suggests Tamal Bandyopadhyay. Photograph: PTI......

Who will buy Citi's consumer business?

 The sale will be quicker if an Indian private bank buys it; it will take longer for regulatory clearances if a foreign bank or an NBFC buys it, points out Tamal Bandyopadhyay. Photograph: Mike......

Citibank likely to hive off consumer banking business in India

 In India, it is not easy to fight it out with the large banks which are nimble-footed and technology-savvy and are continuously innovating on the retail turf with newer products for customer......

Reliance sells stake in US shale gas assets for $250m

 Billionaire Mukesh Ambani's Reliance Industries Ltd has sold its stake in the shale gas asset in the US to Northern Oil and Gas Inc for USD 250 million, the firm said on Thursday. IMAGE: Kindly......

Starbucks rival to launch India's biggest IPO in 3 years next week

 Coffee Day Enterprises Ltd will launch its share sale on October 14, according to its IPO prospectus seen on Tuesday. The company behind Cafe Coffee Day, India's biggest coffee chain, will launch......

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