Theresa May resigns as British Prime Minister

May’s departure will deepen the Brexit crisis as a new leader is likely to want a more decisive split, raising the chances of a confrontation with the EU and possibly a snap parliamentary election

Reliance Capital to exit Reliance Nippon Life Asset Management

Reliance Capital expects this transaction, together with other deals underway, to reduce RCAP’s debt by over 50 per cent in the current financial year, letting the company to focus on financial services, with focus on housing, SME and consumer finance

Focus on exports, land and labour reforms as new govt sets priorities

The new government is expected to focus on issues like land laws, labour reforms, privatisation and export promotion, irrespective of which party or coalition takes charge of the various ministries

DRDO successfully flight-tests guided bomb

The indigenously-developed guided bomb, which is capable of carrying different warheads, achieved the desired range and hit the target at a distance of 30 km away with high precision, says a DRDO release

Modi leads NDA back to power winning 355 seats

The NDA returned to power with a better tally, with the BJP on its own securing  a clear majority of 305 seats in the 543-member Lok Sabha

Tata Motors creates new compact truck segment with `Intra'

Built on Tata Motors’ new premium tough design concept, with car-like ergonomically designed cabin, steering comfort, low noise and comfortable seats, the `Intra’ promises fatigue-free long inter-city trips