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BS Poll: Rupee likely to cross 62 by Aug-end

Rebounds from all-time low after RBI intervention; more liquidity tightening a worry; Rajan's appointment taken as a sign of hope

Mumbai trans-harbour link unviable: Infra firms

Bandra-Worli sea link, constructed by Hindustan Construction Company after protests and cost overrun

Tata Power in red on forex loss

It posted a consolidated profit of Rs 146 cr in the corresponding quarter last year

Drug pricing: Govt gets SC rap for 'dilly-dallying'

The court asks govt to file response to petition alleging exorbitant profits made by pharma firms

American sues Infy, says hires 'mostly S Asians'

Brenda Koehler, a VMware-certified network engineer, has alleged Infosys ignored her and hired a Bangladeshi

India Inc raised $1.9 bn via external borrowing in June

Companies raised $1 bn via the automatic route, another $946 mn through approval route that requires case-by-case approval from RBI

CBDT diktats: Warning over TDS deposit

The warning comes when the government's fiscal deficit touched 48% of the Budget estimate over just three months of the financial year

CBDT diktats: Relief for foreign investors

Authorities have given foreign investors the flexibility to make self-declaration of the information if it is not part of a certificate issued by their resident country

FMC to be empowered to resolve NSEL crisis

Till law governing spot exchanges enacted, FMC will be announced as an interim regulator to solve payment crisis on FT promoted NSEL

SAT order spells relief for NSDL

The tribunal noted that the order asking NSDL to affix individual responsibility for its failures was unjustified

BJP seeks SFIO probe into NSEL crisis

Blames FMC for failing to detect crisis, expresses doubts that sale of NSEL shares will enable firm to pay back all investors

Cognizant's all-round show reaffirms IT recovery hopes

Posts 19% growth in net profit, raises full-year revenue outlook to 19% from 17% earlier

Crompton Greaves profit falls 30%

Revenue grew 12% to Rs 3157 cr

India-Pakistan faceoff is a bid to derail talks, say MPs

The Rajya Sabha, meanwhile, resounded with angry slogans of 'Pakistan murdabad'

More measures likely to stem rupee fall as RBI, FinMin meet today

The rupee on Tuesday hit a new low of 61.81 against the dollar but rebounded to close at 60.81

StanChart's India unit operating profit up 45%

It posted a 17% growth in income at $927 mn, up from $790 mn a year before

Holcim-Ambuja deal under Sebi scanner

Regulator to raise questions on valuation rationale, minority interest & other issues

Rescue operations in full swing, Cheeyappara road opens partially

CM urges Centre to send team to study loss, Kochi international airport resumes operations

Opto Circuits to use rights issue proceeds for retiring high cost debt

The company intends to use rights issue proceeds to retire part of its high-cost short-term borrowings