Jet Airways (India) Ltd chairman Naresh Goyal and his wife Anita have decided to step down from the carrier's board of directors. Mr Goyal, the founder of Jet Airways have also agreed to reduce his 51% stake to 25.5%. Lenders, including State Bank of India (SBI) and Punjab National...

The NCLAT has received intervening petitions from nearly 100 creditors, seeking redress in the proposed IL&FS Resolution Plan that was submitted by the government. The petitions are from both secured and unsecured creditors, including a wide array of corporates and their PF Funds, employee...

Mumbai, March 22, 2019 – India and China, the two steady engines of global growth, are likely to see a slower surge in economic activity along with 15 of 20 major economies this year as global trade slows, amid US-China trade tussle, and demand drop in emerging economies.    India’s...

Infosys Finacle, part of EdgeVerve Systems, a product subsidiary of Infosys announced that its customer MeDirect Bank Belgium, an online bank offering savings, investments and wealth management since 2013, has successfully launched its Regulated Savings Product on Finacle’s core banking...

State Bank of India (SBI), the country's largest lender, has reportedly asked Jet Airways' chief Naresh Goyal and his wife Anita to step down from the carrier's board of directors.   Quoting sources, a report from ET Now says, the lender has asked the Goyals and their nominees,...