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RBI allows lenders more flexibility to restructure big projects

  The Reserve Bank of India (RBI) has allowed lenders more flexibility to restructure large projects that stall when cash runs out, but stopped short on Tuesday of giving banks freer rein on......

Fearing defaults, banks rein in credit to jewellery firms

It was unclear how bankers were deciding which jewellers to support Indian jewellery firms are finding it increasingly hard to get credit to import raw material and ship out their wares as banks......

'Surprise rate cut by RBI is just a start but we need more'

Indian businesses face lending rates that are well above those in developed nations and among the highest in emerging markets, on some estimates more than double those seen in China. Businesses,......

Bank strike may hit trading volumes on Nov 12

Dealers are bracing for low volumes across all markets in India on Wednesday as unions at most banks have called for a nationwide strike that is expected to leave trading rooms with minimal......

Infosys sees future in new tech; investors cheer strategy shift

Infosys Ltd wants to revive growth through automation and artificial intelligence, its chief executive said on Friday, boosting investors' confidence in India's second largest IT exporter after it......
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Australia's IAG to up stake in joint venture with SBI

MUMBAI (Reuters) - Insurance Australia Group Ltd will raise its stake to the maximum allowed 49 percent in a general insurance joint venture with... ...
UPDATE 1-India's IL&FS aims to more than triple power generation capacity

Source : Last Updated: Wed, Mar 25, 2015 19:20 hrs (Adds quotes, details, background) By Devidutta Tripathy and Sumeet Chatterjee MUMBAI, March 25... ...
Inox Wind's up to $164 million IPO subscribed more than 18 times

6:31pm IST MUMBAI (Reuters) - Indian wind-turbine maker Inox Wind Ltd's up to 10.25 billion rupees ($164 million) initial public offering,... ...
Banks may extend Bhushan Steel's nearly $6 bln loan

MUMBAI (Reuters) - Banks owed nearly $6 billion by Bhushan Steel Ltd could extend the maturity of the steelmaker's debt under a Reserve Bank of... ...
India's Yes Bank targets larger share of retail market

By Devidutta Tripathy MUMBAI, March 17 (Reuters) - Yes Bank, India's fourth-largest private sector lender by assets, aims to increase the... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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