Industries like banking are set for a disruption even more fundamental than those industries where there is a need for a culminating physical delivery. Read more »
All key scheduled carriers flew planes with over 80% of seats full. SpiceJet continued to maintain its pole position in terms of load factor by flying its planes 95% full. Read more »
Mehta stuck to the number earlier announced and in fact has added the loan outstanding, which means that the exposure is higher than earlier thought, said one analyst. Read more »
The furniture retailer has invested Rs 1,000 crore in 2 years — nearly 10% of the rs 10,500-crore committed by it for opening 25 stores... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of... Read more »
"We have an exposure of around Rs 2,000 crore in the fraud detected by PNB two days back," a source in Allahabad Bank said. Read more »
The group will adopt an asset-light model to increase its inventory, for which it has set a target of expanding by almost 50 per cent at 24-25,000 rooms across 144 properties. Read more »
ED expanded its probe from 17 to 35 locations across various cities, as it asked Modi's designer jewellery chain headquarters in Mumbai to issue a sales embargo for its overseas stores Read more »
Brent Leary sits down with Stefan Pretty of Subbly to talk about the impact of AI and machine learning in subscription businesses Read more »
SACRAMENTO, Calif.--(BUSINESS WIRE)--The California Housing Finance Agency is pleased to announce that Moody's Investor Service has raised CalHFA's Issuer Rating from 'A2' to 'A1' with a Positive Outlook. Moody's has also affirmed... Read more »