DoT engages with banks to find solution for telecom sector

The Department of Telecommunications (DoT) has initiated discussions with banks to address financial stress in the telecom sector, particularly Vodafone Idea Ltd (VIL) that urgently requires fund......

Where have all the Indian bankers gone?

There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank......

IT services contracts now come with strings attached

With clients increasingly looking at cost optimisation by passing on the risks to the IT vendors and IT services players demanding longer tenure deals to hedge their risks, a mix of these two......

ICICI Pru Life files for India's biggest IPO in six years

ICICI Pru Life is expected to be listed later this year. India's ICICI Prudential Life Insurance Co Ltd has filed for an initial public offering of shares, which sources have said could raise about......