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(Reuters) - Driver Management Company LLC, an activist investor focused on U.S. banks, renewed calls on Wednesday for First United Corp (FUNC.O), the holding company for Maryland community bank First United Bank & Trust, to sell…

The minister announced of generating 50 lakh jobs in the Khadi sector.The Narendra Modigovernment has been holding meetings with Asian Development Bank, World Bank, and German state-owned development bank KfW for access to low-cost…

Nearly half of Rs 4.1 lakh crore of stressed assets are part of power, infrastructure and steel sectors put together.Even as gross non-performing assets (NPAs) are expected to come down marginally by end of ongoing fiscal, assets over Rs…

India’s largest bank State Bank of India (SBI) holds 74 per cent stake in the SBI Card and the rest is held by Carlyle GroupSBI Card has initiated the process for an initial share sale and the decision on when to come out with the offer…

The company announced on Tuesday that Soltau will take over as its chief executive beginning on October 15. JCPenney has been leaderless since Marvin Ellison left in May to take the top job at Lowe's.Soltau, 51, will be the 25th woman…

Tesla will turn in a critical production reporton Tuesday that will show investors whether the company can sustain and surpass its long-promised target of building 5,000 Model 3s per week.That report will go a long way toward…

Now, as the first female CEO of Land O'Lakes — and the first openly gay female CEO in the Fortune 500list of largest US companies — Ford remembers a conversation with her mother years ago that taught her that "while we may not have…

Overall governance has become conducive for the protection of investors’ interests and overall market development, he added.Continuing its efforts to bolster supervision and identify non-compliance, regulator Sebi plans to deploy data…

The company closed all of its US stores in June as part of a bankruptcy liquidation. But the owners of the company's remaining assets are looking into restarting the business, as well as the related Babies "R" Us brand, the company…

The Goldman Sachs economics team "almost at times looks like the Democratic opposition," Hassett told CNN's Poppy Harlow on Tuesday.The comment came after Harlow asked Hassett about a Goldman Sachs research report warning that a 25% US…