Economy

WNS (Holdings) Limited has expanded its relationship with Air France-KLM Group to include high-value Cargo Revenue Accounting services in addition to earlier arrangements of providing Passenger Revenue Accounting, Fare Filling, and Revenue integrity services.

India's corporate bond market, which forms 17% of the country's Gross Domestic Product (GDP) against 123% in the US and 74% in South Korea, is highly concentrated in the AAA rated bonds, which may change over time, once the Insolvency...

Air Asia’s flights between Malaysia and Odisha would boost tourism industry in Odisha, said the state’s chief minister Naveen Patnaik.

Life insurance is the most preferred investment instrument to achieve financial goals for almost two-thirds (70%) of millennials closely followed by mutual funds (69%) and fixed/recurring deposits (64%), according to a recent survey jointly conducted by ASSOCHAM and IndiaFirst Life...

Markel International, the specialist insurer and reinsurer, has opened Mumbai office for providing specialist facultative reinsurance to local Indian insurers, in a broad range of commercial classes including marine, energy, contingency, and professional and financial risks.

Commerce and Industry Minister Suresh Prabhu has urged the ministries to work on tapping the opportunities with regional countries as there is huge potential to increase India’s exports.

The government has taken charge of the financially-crippled Infrastructure Leasing & Financial Services (IL&FS), which plays a major role in infrastructure development and financing in the country with 169 group companies.

Tata Communications has unveiled a new, state-of-the-art Cyber Security Response Centre (CSRC) in Chennai, showcasing “Managed Security Services”.

Rana Kapoor, managing director and chief executive officer of YES BANK, said he will remain “fully committed to the interests of the Bank and all its stakeholders” and keep the bank shares as "diamonds".

Continued improvement has been noticed in banking in terms of highest ever recovery in the last Quarter, pick-up in credit growth to 13.5%, growth in MSME lending to 10.5%, the highest Provision Coverage Ratio in over five years, and higher...