Retail lending cannot be the panacea for growth: SS Mundra
Reserve Bank deputy governor SS Mundra today warned banks against their excessive focus on retail lending, saying that the segment…
Mahindra & Mahindra to buy Italian car designer Pininfarina for $36 mn
Mahindra group, with interests in automobiles, finance and IT services, has agreed to buy Italian car designer Pininfarina for about…
Sun Pharma to sell US-based manufacturing unit to Nostrum Lab
Drug major Sun Pharma today said it has sold its manufacturing unit in Ohio to Nostrum Laboratories Inc for an…
Janet Yellen must hike rates for ‘Fed up’ markets this week
It’s that time again: won’t they or will they? In either case, the US Federal Reserve and Janet Yellen are…
Air India likely to make Rs 6 crore profit this fiscal, first since merger
For the first time since merger of Indian Airlines into Air India, the national carrier is likely to report an…