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Ambitious new bankruptcy code may take years to clean up India's debt mess

Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors   A......

Heineken eyes control of Mallya's United Breweries

Heineken could call a shareholder meeting to vote on his ouster from a company his father built into a family empire Heineken is likely to ask Vijay Mallya, who owes creditor banks more than......

Westinghouse likely to seal India reactor deal when Modi visits US

The contract would give a big boost to India's $150 billion nuclear power programme, and a broader push to curb greenhouse gas emissions Toshiba Corp's Westinghouse Electric hopes to clinch a deal......

Infosys bridges gap with rivals after lucrative deal wins

Infosys has been focusing on winning more lucrative digital technology and automation outsourcing contracts. Infosys Ltd cheered investors with a forecast-beating quarterly profit and a stronger......

Savers in dark over Sahara's latest shadow banking schemes

Sahara and its founder Subrata Roy have been under scrutiny for years over its financial products, including for possible money laundering In 2004, Khitish Kumar Pandey took Rs 10,000 ($150) out......
  Web results for Devidutta Tripathy
Security breach feared in up to 3.25 million Indian debit cards

(Corrects SBI's outstanding cards to more than 200 million) By Devidutta Tripathy MUMBAI (Reuters) - A slew of banks in India are replacing or... ...
SBI blocks cards, Axis says no loss from breach

SBI blocks cards of certain customers after being informed of potential risks to those cards, Axis Bank hires EY to carry out the probe over the... ...
India's Endurance Tech shares surge on debut after $174 mln IPO

MUMBAI, Oct 19 (Reuters) - Shares of Indian auto parts makerEndurance Technologies Pvt Ltd rose as much as 25percent on their debut on Wednesday... ...
MPC minutes of meeting

The Reserve Bank of India (RBI) Governor Urjit Patel speaks during a news conference after the bi-monthly monetary policy review in Mumbai, India,... ...
PNB Housing Finance and Varun Beverages join Indian IPO boom

MUMBAI/SINGAPORE India's PNB Housing Finance Ltd and Varun Beverages are looking to raise as much as $630 million combined from initial public... ...

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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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