Goldman Sachs executives sold almost $700 mn worth of stock since the collapse of Lehman.
Investors argued that the twin-island Caribbean nation benefited from Stanford's $7 bn fraud.
The official said it was reasonable for policymakers to consider options for loan forbearance.
Union Petroleum Minister Murli Deora reiterated that the KG gas belongs to the Government.
The SC will decide in Aug a petition filed by the IT Department alleging that Reliance Petroproducts had not revealed relevant information.
Jet Airways terminated the services of 43 trainee junior technicians on contract.
Taking cues from falling global oil prices,the country's largest private fuel retailer,Essar Oil Ltd,will cut petrol and diesel prices in the range of Rs 0.50 to Rs 2.50 a litre from July 16 to bring them at par with rates of public sector firms.
The biggest of the three contracts is the turnkey project to develop Al-Mea'tega Resort Village.
Tata Motors has said Jaguar and Land Rover,which have posted over Rs 1,700 crore annual losses,will turn profitable in two years.
Korean major LG said it is not in a position to pass on the benefit to consumers as the cost of panels has gone up.
Infosys,which is seen as a trend setter,will be first to off the blocks with Q1 results on Friday.
A local court on Wednesday extended the judicial custody of B Ramalinga Raju and other accused in the multi-crore Satyam scam till July 22.
Car maker Ford India reduced the price of its premium SUV Endeavour by Rs 6,000.
Tata Steel said its sales volume surged to 1.4 mn tonnes in the first quarter of current fiscal.
Warring Ambani brothers Mukesh and Anil are expected to come together once again.
L N Mittal said initial installations at Bhatinda oil refinery is likely to come up in the first half of 2011.
Anil Ambani group company Reliance Capital is planning to enter the domestic banking sector.
The retail cos are hoping that the FM Pranab Mukherjee would accord industry status to the sector.
RIL has made the Government party to gas supply dispute with RNRL.
Mukesh-run RIL moved the Supreme Court against Bombay HC's gas pricing ruling.