“In India, although there has been a consolidation, this kind of incredible traffic uptake is such that operators are investing,” Nunzio Mirtillo, head of market... Read more »
The problem isn’t one of equipment but of across-the-board human failure. The management and employment rules is not being able to incentivise performance. Read more »
The special court set up under the Maharashtra Protection Of Interest Of Depositors (MPID) Act granted the relief to Marathe on a surety bond of Rs 50,000. Read more »
In order to resolve the impasse between the government and IMA, Niti Aayog has decided to set up a sub-group of experts to go into the pricing of treatment under the Ayushman... Read more »
The biggest clue the PNB missed—or ignored—was the “exponential” rise in the branch’s business with Nirav Modi and Choksi’s companies since 2010. Read more »
The bank has around a Rs 50,000 crore balance sheet in India. Loans to large companies account for 70% of its book, followed by SMEs at 20% and the rest is a... Read more »
JP Morgan has also made some high-level changes in the corporate banking division as the largest US bank sees India with huge potential. Read more »
India and Bangladesh are keen to expand bilateral air services but are hampered by inadequate infrastructure at Bagdogra. Read more »
SBI, country's largest lender, has operations in about 36 countries with nearly 190 branches. Read more »
In India, the sector is undergoing financial stress, prompting a spate of consolidation that is expected to leave in its wake only 4-5 national level players. Read more »