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Teradata names former CTO Vishal Sikka in IP-theft lawsuit against SAP

In the complaint, Teradata said that SAP had entered into a joint venture with it a decade ago with the intention of gaining access to its IP

RBI purchases bonds worth Rs 100 billion from the secondary market

This was the second OMO purchase this year, and something that the market was widely expecting, considering the banking liquidity reducing to neutral levels

BoA ML downgrades FMCG stocks to 'underweight' from 'overweight'

Multiples for Indian staples have defied gravity recently

After near three-year probe, Sebi action in NSE colo case in a 'few days'

The exchange, its officials, brokers could face enforcement action

NSE to introduce corporate governance code stricter than existing laws

The exchange is in the process of creating incentives for listed corporates that adhere to these norms, which will be voluntary

Amicus Capital invests Rs 700 million in Sanjeev Kapoor's Wonderchef

This is the PE fund's second investment. It had last year invested Rs 600 million of growth capital in digital insurance aggregator Renewbuy.com

Uber India unit's profit remains flat though grows 10% in FY17

Taxi hailing firm pays more towards deferred taxes, higher expenses weigh on profit

Uber India sees moderate revenue growth of 9.5% at Rs 4.1 bn in FY17

Taxi-hailing firm's payment towards deferred taxes and higher expenses weigh on profit

US Fed should slow its plans to shrink balance sheet, says Urjit Patel

The US Fed started slowing down on asset purchases starting October 2017

PSB losses eat up Centre's $13 billion infusion in FY18: Fitch Ratings

Fitch accounts these losses to the acceleration of bad loan recognition, with the introduction of non-performing loans framework

No Supreme Court relief for Tatas in Taj Mansingh auction case

The court allowed the company to approach it after the auction in case of any grievance

SBI raises lending rates by 10 bps, followed by PNB, ICICI Bank, HDFC

SBI's one-year MCLR, which most loans are based on, is now 8.25%

Warburg Pincus buys Legal & General's 26% stake in IndiaFirst Life

Rs 7.1 billion, was approved by IndiaFirst Life's board on Thursday

USL fund diversion case: Sebi bans Mallya from accessing capital markets

Three year market ban; Five year ban from taking directorship in listed companies

3M plans to establish its first design centre in India, fourth globally

3M is hoping that the close proximity of the new centre to its innovation lab will allow design thinking to be applied

Sebi tells mutual funds to enforce Amfi guidelines

The Amfi guidelines also ask intermediaries to refrain from recommending inappropriate products

Anil Ambani's Reliance Group raises Rs 14 bn by listing Codemasters on AIM

Codemasters is currently valued at around Rs 32 billion

India INX clocks highest-ever turnover of Rs 44.8 billion

Trading at Gift City is witnessing gradual pick up, following easing of regulations

Tata Steel's Kalinganagar plant creates job for over 21,000 persons

This includes direct employment for 3611 persons and indirect (contractual) employment for 18344 persons

Former Sebi chairman U K Sinha, Asian Paints' Jalaj Dani join HDFC board

The board also re-appointed Keki M Mistry as the MD of the company for three years