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For the first time in its history, Ford India sales scaled $1 billion during the year ended 31 March. Ford sells cars such as the Ecosport in India. Photo: Ramesh Pathania/Mint

Tue, Oct 23 2018. 06 23 AM IST

Ford posts a profit in India, 20 years after driving in

The emerging markets plan has helped Ford grow its India business from $2.1 billion in 2015-16 to $2.8 billion in 2016-17 and $3.4 billion in 2017-18

Reliance and BP are planning to set up their retail outlets on the national highways, an underserved sector in India. Photo: AFP

Tue, Oct 23 2018. 06 17 AM IST

Reliance, BP to jointly set up 2,000 petrol pumps in India

While Reliance already independently runs 1,343 petrol pumps in India, BP received a licence to set up 3,500 fuel retail outlets in India in October 2016

A file photo of people protesting the Supreme Court verdict ending the practice of keeping women out of the Sabarimala temple. Photo: Reuters

Tue, Oct 23 2018. 06 02 AM IST

Sabarimala: Breaking the gender barrier is an uphill task

The Supreme Court’s Sabarimala judgement has had zero impact even as conflict between conservatives and liberals puts Kerala at a crossroads

10% of the richest Indians have 77.4% of the wealth in India; the poorest 60% have 4.7%. Graphic: Mint

Tue, Oct 23 2018. 05 56 AM IST

Richest 10% of Indians own over 3/4th of wealth in India

While wealth has been rising in India, not everyone has shared in this growth. There is still considerable wealth poverty, says Credit Suisse’s India wealth report

TVS Capital CMD Gopal Srinivasan. With the first close of its third fund, the total capital raised by TVS Capital has exceeded ₹2,000 crore. Photo: Mint

Tue, Oct 23 2018. 05 30 AM IST

TVS Capital hits first close of ₹832 crore for third fund

TVS Capital’s Gopal Srinivasan and former Hindustan Unilever CFO D. Sundaram have invested over ₹200 crore in TVS Shriram Growth Fund 3

Crisil has downgraded its long-term rating on SpiceJet’s bank facilities from BBB stable to BB negative. Photo: Reuters

Tue, Oct 23 2018. 05 18 AM IST

SpiceJet seeks more time to pay for aircraft lease

A delay in delivery of 737 Max planes by Boeing Co. has caused liquidity issues at SpiceJet, says Crisil

CEO Sundar Pichai says Google’s China search engine, a censored version of the original product, would still serve over 99% of queries. Photo: Pradeep Gaur/Mint

Tue, Oct 23 2018. 05 06 AM IST

Opinion | Google and the Great Internet Wall of China

Even if Google finds a way around China’s internet censorship, its Project Dragonfly is certain to fly into a sticky search engine ecosystem in that country

According to RBI data, the number of bank frauds of ₹1 lakh and above reported by public sector banks stood at 2,833 in FY18, 2,709 in FY17 and 2,789 in FY16. Photo: Abhijit Bhatlekar/Mint

Tue, Oct 23 2018. 04 35 AM IST

How do bank frauds happen? Central Vigilance Commission has the answers

Banks need to invest more in forensic due diligence infrastructure to monitor accounts where they have large exposures, and it needs to be proactive and not reactive

Lower volumes and metal prices affected Hindustan Zinc’s performance in the September quarter. Graphic: Mint

Tue, Oct 23 2018. 04 08 AM IST

Hindustan Zinc dividend payout offsets dull Q2 results

Hindustan Zinc shareholders must be holding on to hope that the dip in the performance in the September quarter is temporary

Inox Leisure’s total revenue increased 17% year-on-year, helped by faster growth in the food and beverages segment.

Tue, Oct 23 2018. 03 58 AM IST

Q2 results no blockbuster for Inox Leisure as margins disappoint

Discontinuance of sale of Inox Leisure’s tickets on BookMyShow for a few days during the September quarter had an adverse impact on footfalls

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