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Peter, Indrani siphoned off funds from 9X media: CBI

 Closing in on the financial trail in the Sheena Bora murder case, the Central Bureau of Investigation on Thursday told a court that former media baron Peter Mukerjea and his wife Indrani allegedly......

RBI likely to maintain status quo on interest rate

 Amid fears of a third wave of coronavirus pandemic and hardening of retail inflation, the Reserve Bank is likely to maintain status quo on interest rate and watch the developing macroeconomic......

How Zeta acquired Unicorn status in the very first round of funding

 In the start-up world, hitting the $1-billion mark, which accords the “Unicorn” tag, is a milestone. Illustration: Uttam Ghosh/Rediff.com Enterprises typically reach the milestone only......

Retail inflation at 6-mth high; WPI at record 12.94%on costlier fuel

 Rising prices of edible oils and protein rich items pushed the retail inflation to a six-month high of 6.3 per cent in May, breaching the comfort level of the Reserve Bank and thus rendering......

Why Citi is exiting India

 The Indian regulatory framework forced Citi to hibernate -- contrary to the claim that it never sleeps!Manojit Saha reports. IMAGE: In India Citibank started the consumer banking business in 1985.......

South Africa's FirstRand Bank to exit India after 12 years

 The plan was to expand further, add more branches and also eventually become the third bank in India to start a wholly owned subsidiary after Singapore's DBS Bank and State Bank of Mauritius, but......

When Tendulkar had no money in pocket for a cab ride home

 Cricket icon Sachin Tendulkar, among the richest sportsmen in the country, recalled a time in his life when he did not have money to hire a cab for a ride home from the railway station on his......
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