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ED sends show-cause notice to Bengaluru-based Devas Multimedia over FEMA violations

The firm allegedly violated FEMA rules over foreign direct investment to the tune of Rs. 578.54 crore during 2006-2010. Jun 7, 2016
RBI BSE June7

Sensex, Nifty rally on RBI's monetary policy status quo

Both the crucial indices crossed the psychological limit of good gains despite the RBI's dovish stance on the monetary policy. Jun 7, 2016

Why young people should invest in Nutmeg, not Kickstarter

Four easy ways for young people to invest in stocks and bonds Jun 7, 2016
Modi and Swiss President

PM Modi gets Switzerland's support to tackle tax evasion

Switzerland's support to help India could be a stepping stone in probing black money parked in Swiss bank accounts Jun 7, 2016
NTPC

NTPC plans to raise Rs. 20,000 crore in FY17

Of the total amount, NTPC would raise Rs. 14,000 crore from the domestic market. Jun 7, 2016
Bombay Stock Exchange BSE indian stock markets equitas holdings small bank

Sensex, Nifty end trading with losses ahead of RBI monetary policy meet

The RBI monetary policy meet and comments if any by RBI governor Raghuram Rajan will be watched keenly on Tuesday. Jun 6, 2016
Larsen & Toubro

L&T bags Rs. 903-crore contract to build World Cup stadium in Qatar

The company will construct a stadium with 40,000 seat capacity in Qatar, which is scheduled to hold the 2022 FIFA World Cup. Jun 6, 2016

L&T wins orders worth Rs. 2,161 crore

L&T's transportation infrastructure business won a design and build order worth Rs. 847 crore. Jun 6, 2016
biocon karnataka investment hlcc congress government in karnataka pepsico

Biocon says Trastuzumab and three other drugs to give 'early mover' advantage in $30-billion market

Biotech company Biocon recently announced that clinical trials of its proposed generic version of Trastuzumab injection were successful. Jun 6, 2016
Anandiben Patel

Gujarat unveils IT policy to assist startups and incubators

The new IT policy aims to produce 2,000 new startups by providing subsidies and assistance for incubators. Jun 6, 2016
Adani coal mine project Australia

Adani may drop coal mine project in Australia owing to delays, legal issues

Gautam Adani said he was "disappointed" the project did not take off despite six years of environmental assessments and court rounds. Jun 5, 2016
IB Times

Sun Pharma divests 2 US-based manufacturing facilities

The company said it would divest two solid-oral-dosage manufacturing facilities located in Aurora and Philadelphia. Jun 5, 2016
SBI

SBI launches ATM-based facility to e-verify IT returns

SBI is the first bank to launch Electronic Verification Code via ATMs. Jun 4, 2016
jp morgan chase  J.P. Morgan Chase & Co

J.P. Morgan Chase & Co. relaxes dress code for employees: Report

Employees at J.P. Morgan Chase & Co. can now wear business-casual attire on most occasions. Jun 4, 2016
Twitter

Twitter's merger talks with Yahoo a non-event

Twitter was only interested in "sucking up information," as it backed out of the bid soon after the management meet got over. Jun 4, 2016
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