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Govt mulls permitting foreign investment in LIC

The government is mulling allowing foreign direct investment (FDI) in the country's largest insurer LIC, a move which would help overseas investors take part in the company's proposed mega IPO,......

Why PEs may be better source of capital for banks

India may adopt norms similar to the US Federal Reserve model, which regulates conglomerate-led banks in the country. Recently, Reserve Bank of India’s (RBI’s) internal working......

Rise of Cars24, India's latest unicorn

Co-founders of India’s latest unicorn expected Covid-19 to be a speed breaker; instead it accelerated sales. Cars24 now enjoys more than 90 per cent market share among all other similar......

What does merger with LVB mean for DBS Bank chief Piyush Gupta?

While Gupta, 60, can rightfully bask in the glory he has achieved for his bank in the subcontinent, his peers in foreign banks will have to revisit their India play, especially the local......

SBI, 25 other major Indian banks figure in suspicious transactions list

Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities. Illustration: Uttam......

Soccer Extras: Twitter to meet United over Pogba racist abuse

IMAGE: Manchester United midfielder Paul Pogba became the latest high-profile player to be a target of online abuse after he missed a penalty in Monday's 1-1 draw at Wolverhampton Wanderers.......
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