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

Centre looking into mega dotcom buyouts

A wing of the finance ministry is scrutinising recent high-value acquisitions of dotcom companies to see whether these deals are above board.

Singh, Dutt in race for StanChart-Grindlays helm

The race for the top slot at Standard Chartered Grindlays in India is hotting up. Two likely candiates are: ANZ Grindlays country head and chief of personal finance services in MESA , Anuroop Singh and Citibank's Ashok Dutt who was earlier heading retail operations in India and now posted overseas.

Centre puts off Indian Oil stake selloff for now

The department of disinvestment (DoD) has deferred the offloading of 10% Government equity in Indian Oil Corporation and has asked the petroleum ministry to first prepare a blueprint for the privatisation of the oil giant.

IRDA to revamp regulatory norms

The Insurance Regulatory and Development Authority (IRDA) is prepared to alter the current regulatory provisions to meet new challenges and foster innovations in markets.

Ministry, IA speak in two voices over new chairman

A sharp difference of opinion has emerged between the civil aviation ministry and Indian Airlines (IA) over the appointment of a successor to chairman and managing director Anil Baijal, whose term comes to an end on May 26.