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Phoenix to acquire Swiss Re's UK business for $4.1 bn

The acquisition will create an enlarged Phoenix Group with £329 billion of assets under administration and 14.1 million policies, confirming Phoenix’s position as the largest life and pensions consolidator in Europe

Vodafone Idea won't survive without govt relief: Kumar Mangalam Birla

Responding to a question if the company is still hopeful of government relief for the debt-laden telecom sector, Birla echoed the statement made by Nick Read, CEO of Vodafone Plc, a shareholder in Vodafone Idea, earlier, but detracted later

Small business will soon be credit-rated on data: Nandan Nilekani

Banks will assess small businesses on the basis of their personal data, which include bank statements, tax returns, and home loan repayment records, for lending purposes, says Infosys chairman and co-founder Nandan Nilekani

Opec output cut threat fails to boost oil prices

While the move is widely seen as aimed at boosting the initial public offer (IPO) of Saudi Arabia’s state-owned oil producer Saudi Aramco, some market participants also believe the market is approaching the top of an important range above which oil needs more stimulus to push ahead

RBI keeps repo rate unchanged at 5.15% despite GDP slump

The Monetary Policy Committee (MPC) said the decision followed a spike in inflation in the near-term, while acknowledging that there is room to cut rates further going ahead

Supreme Court grants bail to P Chidambaram in INX Media case

The apex court, however, restrained Chidambaram from giving press interviews or making statements with regard to the case as also from traveling abroad without the court's permission

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In search of ancestral roots

Krishna Gubili talks to Swetha Amit about his book Viriah and  what kept him going through a relentless search for his great-granfather who was indentured as a labourer in South Africa

Growth of ever evolving Indian logistic industry

Today's logistics is a blend of infrastructure, technology and new types of service providers, says Sunit Sharma, co-founder of Delhi-based technology driven end- to-end logistics service provider GoBOLT

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