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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

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.

Electronics Ministry, TN govt to jointly build start-up fintech centre

Centre will be set up under STPI's present incubation programme TechNEST, will function in a two-tier mechanism for monitoring and operations

Ahmedabad raises Rs 200 crore through municipal bonds maturing in 5 years

The AMC was the first in South-East Asia to raise money through municipal bonds in 1998

Adani partners Andhra to develop 'world's first green data center parks'

Adani group proposes to support the development of the digital and energy infrastructure in the state by investing over Rs 70,000 crore over a period of 20 years

Ola banking on platform effect to grow, may enter medicine delivery

The company may be close to buying stake in Myra, an online medicine delivery service, according to a report

Booster dose for pharma as Govt okays refund on foreign plant inspection

Commerce Ministry raises cap to Rs 2 crore a year per drug exporter from Rs 50 lakh under MAI scheme; 50% of costs incurred towards statutory compliance to be borne by firm

Subhash Chandra's cruise business to set sail from Mumbai in April

The first ship under the brand will sail from Mumbai in April 2019, following the traditional naming ceremony of the 2,000 passenger vessel

Sabarimala women entry: Hartal turns violent in Kerala, BJP worker dies

Traders' defiance of strike sparks violence; may protesters hurt in police lathi charge; at least 745 arrested till Thursday evenin

Saravana Bhavan, Hot Bread among 32 food chains raided by I-T Dept in TN

Restaurants left untouched, only offices targeted; around 100 I-T personnel involved in the search

Ascendas-Singbridge Group acquires 12-acre site in Chennai for new IT park

The land parcel has a development potential of 2.3 million sq ft, of which 1.10 million sq ft of Grade A business space will be offered in the first phase

Yashpal Gupta named MD & CEO of Repco Home Finance for three years

Yashpal Gupta, who has 25 years in banking, replaces R Varadarajan, who retired at the end of December 2018

Cabinet clears rejig of National Health Agency as National Health Authority

This change will help the team manage Ayushman Bharat, say senior ministry officials