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Air India to use Rs 6,500-cr infusion to pay debt, dues

Over Rs 15,700 crore was sanctioned as equity infusion for the national carrier during 2012-14 under the turnaround plan

Import relief for road developers

They won't need certification from Road Ministry or NHAI for availing customs duty exemption for specified goods

Looters take BSP employee, family hostage; decamp with Rs 45 lakh

Rakesh Garg appointed as DoT secy

Garg's appointment comes within after MF Farooqui retired from the post on June 30

M&M plans 2 new launches next year

Tanishq pulls the plug on gold deposit schemes

Move was necessitated by the new Companies Act, which termed these as public-deposit schemes

Higher tax may not apply to debt funds redeemed before Budget

CBDT could clarify on this; revenue secretary says govt has not yet decided on GAAR implementation from Apr 1

Mamata might visit Singapore on invite

Govt wants non-discriminatory conduct on retro tax: Prasad

Ravi Shankar Prasad reiterated that the Budget offers comprehensive agenda

Wockhardt faces drug alert in UK

Company and regulator working together to investigate deviation

Soft drink companies to take Rs 600 cr a year hit

Makers likely to pass on additional excise duty burden to consumers; price increase to be 5-10%

Markets rattled by fresh GAAR fears

Sensex loses 348 points to close with biggest weekly fall since December 2011

Central bank's net dollar buying drops in May

The central bank bought dollars worth $52.39 billion while sold $43.40 billion in 2013-14

Bond yields seen rising on concerns of debt fund redemptions

Traders have already started trimming their portfolio and selling pressure is seen continuing even next week

Bankers welcome CRR, SLR leeway on infra loans

Meets old demand; SBI says it welcomes time-bound consolidation with other lenders

Huge bank recapitalisation bill a fiscal risk: Fitch

The Union Budget has estimated the new investment requirement at Rs 240,000 crore in PSBs till March 2019

Obama invites Modi to the US

Sugar output to rise 4% in 2014-15 crushing season despite lower acreage

Area under coverage to fall on vagaries of monsoon rainfalls

Sun recalled product from US last month

Voluntarily initiated by the company through a letter to USFDA last month under 'Class-II' classification

Govt raises presumptive income level

Tax payers who are engaged in the business of plying, hiring or leasing goods carriages but not owing more than 10 such vehicles, fall under this category