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Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

 The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......

Nirav Modi has been dethroned!

 If there were an Olympics for bank frauds in India, Rishi Agarwal, founder and former chairman of ABG Shipyard Ltd, a nephew of the Ruia brothers of the Essar group, would bag the gold, pushing......

Bad loans of state banks = defence + education + roads + health spends

 The crisis in Indian banking has now reached a point where the NPAs of many public-sector banks are higher than their net worth If the unpaid loans made by India’s public-sector banks were......

Markets surge on rate cut hopes; Sensex zooms 400 points

 The Sensex reclaimed the 28,000 mark and Nifty settled above 8,500, led by an upsurge in rate-sensitive stocks. The benchmark indices began the August F&O series in a spectacular manner on hopes......

Shipbuilding: Reinstate modified subsidy

  Indian shipbuilding industry is a minor player with an early single digit market share in the global shipbuilding market. Given the fact of excess capacity in the global ship building market......

Sensex logs worst drop in a month on profit-booking

 Markets retreated for the second straight day from record highs on concerns that foreign funds may start trimming their exposure to emerging markets if the US Federal Reserve hikes interest rates......

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GUJARAT, HIMACHAL GO TO POLLS

 The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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