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IndusInd Bank's Romesh Sobti is Business Standard Banker of the Year

Sobti, 68, was selected unanimously by a five-member high profile jury headed by former Reserve Bank of India deputy governor S S Mundra

Pramit Jhaveri to step down as Citibank India chief on January 31

Will be vice-chairman of banking, capital markets, advisory, Asia Pacific

PVR Ltd reports 79% jump in net profit in Dec quarter at Rs 52 cr

PVR added 123 screens across 27 properties during the current financial year

Jindal Group selects Andhra's Ramayapatnam for landing imported iron ore

Jindal Group signed and the Andhra Pradesh government signed a memorandum of understanding (MoU) in Davos, Switzerland, on Wednesday for the proposed project.

Reliance Communications losses widen to Rs 238 crore in Q3

Indian operations' revenue and Ebitda stood at Rs 415 crore and Rs 6 crore, respectively, while global business contributed revenue and Ebitda of Rs 779 crore and Rs 153 crore, respectively

Used car mart Truebil raises $14 million in a mix of equity and debt

Truebil runs an online portal to sell pre-owned cars and also offers car loans, paper transfer, warranty, roadside assistance and insurance renewal.

Online MF platform Groww raises $6.2 mn in Sequoia-led Series A funding

The company plans to build its technology platform and launch new products that offer high-quality investment options to the young, upwardly mobile generation.

Britannia Industries may dislodge HPCL or Bharti Infratel from Nifty

Shares of Britannia rose 1.7 per cent on Wednesday, even as the benchmark indices slipped more than a per cent

IITH researcher leads international air pollution study for Indian cities

IITH researcher Aalok Khandekar is coordinating the 'Air Pollution Governance Across Cities Study in five Indian cities with the funding from the Azim Premji Foundation

Markets' 5-day rising streak comes to a halt over economic growth concerns

The benchmark Sensex dropped 0.4 per cent or 134 points, to 36,445, posting its first decline in six days

NCLAT defers hearing on a contempt petition against Anil Ambani

The plea has been moved by HSBC Daisy Investments (Mauritius) and other minority shareholders over an alleged default in payment of Rs 230 crore

Chandrababu Naidu requests Nitish Kumar to allow fish supplies into Bihar

Bihar is the second state to impose a ban on Andhra fish after a similar action was initiated last year by the Assam government

L&T shares shrug off buyback rejection; shares end marginally lower

Sebi's cancellation of buyback was on account of difference in interpretation of the law, said company sources and analysts

Undergoing major expansion, Gopalpur Port turns away luxury cruise liner

The port neither has any provision, nor is designed, for passenger movement; authorities say docking permission would have put Indian tourism in bad light

Nirmala Sitharaman criticises Congress attack on Rafale jet deal

She said the government had responded to every question asked by the Congress in Parliament regarding the deal

Larsen & Toubro Infotech acquires Ruletronics for $7.48 million

Ruletronics enables businesses to transform and evolve digitally by providing business process management (BPM) and customer relationship management (CRM) solutions leveraging Pega Platform

Supreme Court reserves judgment on plea challenging validity of IBC

A two-judge Bench was hearing the petitions moved by several operational creditors alleging discrim­inatory treatment given to a certain class of operational creditors

Govt saved Rs 90,000 cr by weeding out bogus beneficiaries: Modi in Odisha

PM claims 60 mn fake ration cards, gas connections, student scholarships, old age pensions cancelled; Govt's pro-poor steps have enraged those who used to loot public money

India needs to fight for global trade liberalisation: Martin Wolf

Says May expected to lose Brexit deal, but may survive confidence vote

Wipro board to consider share buyback proposal, may follow industry peers

Tata Consultancy Services, Infosys and HCL Technologies have announced buyback of shares in the current financial year for the second consecutive time.