Financial Express - India's leading business newspaper from the Indian Express Group

Smadja lists out all that is wrong with Indian reform

India does not have an economic problem but has a huge political problem when it comes to economic reforms, World Economic Forum managing director Claude Smadja said on Monday.

ITC keen to acquire ITDC hotels

The government proposes to invite the expression of interest (EoI) for privatisation of about half a dozen Indian Tourism Development Corporation (ITDC) hotels within a fortnight. And, ITC has decided to bid for them.

Decks cleared for setting up FRAs for weak banks

In a far-reaching move, the ministry of finance has cleared the decks for the constitution of bank-specific Financial Restructuring Authorities for undertaking the restructuring plans for the three weak banks Indian Bank, United Bank of India and UCO Bank.

Ghai insures Yaadein with United India for Rs 14 cr

Mukta Arts, promoted by Bollywood showman Subhash Ghai, has insured its latest mega-budget film Yaadein with United India Assurance for a sum of Rs 14 crore.

Choose partners prudently -- Irda chief

Echoing the general concern over alliance break-ups, Insurance Regulatory and Development Authority (Irda) chairman N Rangachary on Monday exhorted intending players in the private sector "to choose their partners prudently".