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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

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.

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