Business News
Mar 29, 2014
Rupee hits 8-month high, ends above 60-mark/dollar Subscriber Only
Strong foreign buying of equities & debt boosted domestic currency.
Mar 28, 2014
Court dismisses Loop plea for settlement Subscriber Only
Special CBI Judge OP Saini turned down the plea of Loop Telecom.
ReutersMar 28, 2014
Citi was one of five banks whose payout plans were rejected by the US Fed on Wednesday.
Mar 28, 2014
SG advises Moily not to challenge EC gas decision Subscriber Only
Moily explained how the decision to revise the gas price according to a new formula from April 1 was first taken in June 2013 and then ratified in December.
Mar 28, 2014
Lupin buys Mexico’s eye treatment drugmaker Subscriber Only
The company said it has acquired 100 per cent equity stake in Laboratorios Grin.
Mar 28, 2014
GSK recalls weight-loss drug in US on tampering concerns Subscriber Only
The British group said it believed that some US bottles of Alli might not contain authentic product.
Press Trust of IndiaMar 28, 2014
CCI slaps R1 crore fine on Google Subscriber Only
The fair trade watchdog also directed the company to cooperate in the probe.
Express News ServiceMar 28, 2014
Cab Sec panel promises green e-clearances Subscriber Only
Delay in green clearances are estimated to have held back over 100 projects worth investment of over Rs 4 lakh crore.
Express News ServiceMar 28, 2014
Insurance regulator hikes third-party motor premium Subscriber Only
For passenger cars with engine capacity between 1,000-1,500 cc, the TP premium will go up from Rs 1,110 to Rs 1,332.
Express News ServiceMar 28, 2014
Power to Sebi: Ordinance promulgated for third time Subscriber Only
Ordinance gives the Sebi powers to go through call records, conduct search and seizure, attach bank accounts and even arrest a person for failing to comply with its orders.
Sandeep SinghMar 28, 2014
Sebi had, through a letter dated February 6, 2014, communicated that it had granted in-principle approval to IMFI for functioning as an SRO.
Nandagopal RajanMar 28, 2014
Samsung launches S5 in India for R51K-plus, sans 4G Subscriber Only
The Indian version of Galaxy S5 is powered by the Qualcomm Snapdragon 801 and hence would not be a 4G phone.
Utkarsh AnandMar 28, 2014
Can’t pay R10K crore for chief’s bail: Sahara to SC Subscriber Only
On Wednesday, the bench had asked the group to pay Rs 10,000 crore.
ENS Economic BureauMar 28, 2014
India is pressing for immediate redressal of the Swiss data because investigation in some of the cases would statutorily become time-barred on March 31 if the relevant information does not arrive by then.
Express News ServiceMar 28, 2014
Sensex scales new peak on sustained foreign inflows Subscriber Only
Sensex touched all-time high of 22,307.74 intra-day, which is the fourth day in succession that the key index has risen to record high levels intra-day.
Press Trust of IndiaMar 28, 2014
‘RBI sought EC’s nod on bank permits as matter of caution’ Subscriber Only
The Election Commission would take a view on the issue of grant of new bank licences by RBI on March 31.
Priyadarshi SiddhantaMar 27, 2014
Govt issues executive order for ‘interim’ coal regulator Subscriber Only
A group of ministers had, in May last year, vetted the proposal for setting up a coal regulator.
ENS Economic BureauMar 27, 2014
Goa, which produces iron ore fines, had exported around 42 million tonnes in 2011, accounting for 55 per cent of the total exports of metal from the country.
Mihir MishraMar 27, 2014
Election flying: DGCA asks operators to ensure safety Subscriber Only
The regulator had also warned that it could resort to suspending the operations of charter companies violating rules for a specified period.
Mar 27, 2014
Govt notifies 183 Sections of new Companies Act Subscriber Only
The rules to operationalise the Sections, effective April 1, are expected to be released later this week.
Mar 27, 2014
Re rallies, RBI buys dollar to stem rise Subscriber Only
Currency likely to strengthen to 59 level against $.
Mar 27, 2014
Facebook to buy virtual reality goggles maker Subscriber Only
Facebook to buy virtual reality goggles maker.
Utkarsh AnandMar 27, 2014
Pay R10K crore to get bail: SC to Sahara chief Subscriber Only
The bench rejected their plea, saying it had already considered everything and that the terms of interim bail were final.
Mar 27, 2014
Congress proposes more social sops, high growth Subscriber Only
Instead the Congress chose to hark on previous achievements and promising to return to 8 per cent GDP growth trajectory over the next three years.
ENS Economic BureauMar 27, 2014
Move to be executed by corporatising Railways which can attract FDI.
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