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RIL to invest Rs 1.5 lakh crore over three years

RIL to invest Rs 1.5 lakh crore over three years

Sebi penalises firms for missing shareholding rule deadline

Sebi has penalised the promoters of hundred-and-five companies, including Adani Ports and Special Economic Zone Ltd and Tata Teleservices Maharashtra Ltd, for failing to comply with its minimum public shareholding rule.

New bank licences likely by March 31: Takru

Banking Secy Rajiv Takru says new bank licences are most likely to be issued by March 31st 2014

Q4 GDP growth at 4.8%; FY13 growth stands at 5%

India's GDP refused to grow by large numbers despite the much-touted reforms, growing at a snail's pace of 4.8 percent in the fourth quarter from 4.7 percent in the third quarter of 2012-13.

Adani Enterprises share-sale floor price set at Rs 227

Adani Enterprises share-sale floor price set at Rs 227

Etihad deal to improve profits, cut costs: Naresh Goyal

Jet Airways Chairman Naresh Goyal today said strategic alliance with Etihad would improve the Indian carrier's profitability and lower the costs.

Roiz's lawyers contemplate court action against Murthy

Law firm that represents Roiz made it clear that its next course of action will certainly include court action against Murthy and the company.

L&T Q4 profit down 7% on high finance costs

Larsen & Toubro today reported 6.9 per cent decline in standalone net profit at Rs 1,788 crore for the fourth quarter ended March, 2013, due to a sharp rise in interest outgo.

Competition Commission looking into Jet-Etihad deal

The much talked about Jet- Etihad deal comes under the scanner of the CCI

Experiment for success: Titan Inds MD

A look at how Titan Industries took on experimentation and divergence and made it their success mantra

iGate sacks Murthy after sexual harassment claim

IT services company iGate has sacked its president and chief executive officer Phaneesh Murthy following an investigation into a claim of sexual harassment made against him.

No case for S&P rating downgrade: Mayaram

Economic Affairs Secretary Arvind Mayaram says confident of stable economic outlook by S&P as concerns are overrated

COMPAT directs cement firms to pay Rs 630 crore penalty

The Competition Appellate Tribunal today directed cement companies to pay 10 per cent of a Rs 6,307-crore penalty imposed on them by fair trade regulator C-C-I for forming cartel in the sector.

Jet to replace Articles post Etihad deal

Jet Airways has proposed to replace its Articles of Association with a new one.

Bank of Baroda net falls 32% to Rs 1,029 crore

Bank of Baroda reported a 32% fall in net profit today at Rs 1,028 crore during the final quarter ended March 31, 2013 as against Rs 1,518 crore reported during the same quarter last year.

March industrial output expands by 2.5%

Showing signs of recovery, the industrial growth bounced back to 2.5 per cent in March on better performance of manufacturing and power sectors coupled with higher output of capital goods.

Sebi approves Premji's proposal

Sebi approves Premji's proposal

SC dismisses Nirma plea in Shree Rama open offer

Nirma Industries will have to complete an open offer for the shares of Ahmedabad- based packing firm Shree Rama Multi Tech after the Supreme Court today dismissed its appeal against a Sebi directive in this regard.

Oracle sells 5.3% stake in OFSS to meet regulatory norms

Oracle today announced that it will sell 5.3% stake in BSE-listed Oracle Financial Services Software to meet the regulatory requirements in the country.

DLF picks banks to sell up to 81 million shares

DLF is planning to sell up to 81 million shares and has mandated eight banks for the institutional placement sale, according to a term sheet.