Finance

The Plaza, New York, partly owned by the Sahara Group

Mirach Capital Values Sahara's Overseas Hotels at $1.67 bn, Below Market Value

Its offer is seen as crucial to Sahara's efforts to raise funds to secure Subrata Roy's release from jail

Feb 9, 2015

RBI Deputy Governor Directs Lenders to Improve Asset Quality

Reserve Bank of India's Deputy Governor R Gandhi reiterated the central bank's stand on the need for lenders to improve asset quality.

Feb 9, 2015

Banks Seek EOW Probe into ₹15,000 crore Fake Remittances Scam

The Mumbai customs department wrote to the banks that the documents submitted by the importers were fictitious

Feb 9, 2015

Budget 2015: Govt Mulling Incentives to Individuals, Companies to Boost Savings, Investments

The corporation tax rate is 30 per cent and has remained unchanged for the last seven years

Feb 9, 2015

No Proposal to Hike Rail Fares at Present: MoS for Railways Manoj Sinha

Railway's Sinha said that there are no proposals currently being considered to hike rail fare. He insisted that details would be out only when the Railway Budget is presented in the Parliament.

Feb 7, 2015

Foodpanda Acquires JustEat India, to Cover More Than 200 Cities

The online food ordering service is now in direct competition with Zomato.

Feb 7, 2015

Budget 2015: Modi Chairs Maiden NITI Aayog Meeting, Discusses Economic Policy Formulation with Noted Economists

The maiden NITI Aayog meeting saw discussions between the PM and economists on attracting investment, boosting domestic savings and the condition of agricultural sector and financing infrastructure.

Feb 7, 2015

Sahara India's Troubles Multiply: Enforcement Directorate Files ₹3,600 Cr FEMA Charges over Luxury Hotel Investment

Sahara India suffered another setback, with the Enforcement Directorate issuing a show cause notice to the group, concerning FEMA violations in the purchase of London-based Grosnover House luxury hotel.

Feb 7, 2015

Sahara: Forged Letter Spoils Efforts to Secure Subrata Roy's Release

Bank of America denied issuing any letter to Mirach Capital Group

Feb 6, 2015

Defence Production Reforms Will be Ready Soon, Says Parrikar

He says 'proper' laws should be framed for defence projects

Feb 6, 2015

Global Bodies Lined up for Funding Infrastructure Development: Arun Jaitley

Arun Jaitley told industrialists that the expected infra boom would witness a combination of funding, which would see significant participation from international bodies.

Feb 6, 2015

HAL to Supply 14 Dornier Do-228 Aircraft to IAF in a Deal Worth ₹1,090 Crore

HAL will manufacture 14 Dornier Do-228 aircraft, will be better equipped to build more advanced aircraft when the Indian Air Force decides to place order for new generation multi-role aircraft

Feb 6, 2015

Qatar Airways Group Chief Executive Officer Akbar Al Baker

Qatar Airways CEO Al-Baker and Rahul Bhatia of IndiGo Meet, Triggering Stake Sale Rumours

Qatar Airways had evinced interest to pick up 49% stake in IndiGo

Feb 6, 2015

Huawei P8 Release Date; Invites Sent Out For April 15; Fingerprint Scanner, OIS Camera In The Books

'Make in India' Scheme: Huawei Invests $170 mn in R&D Facility in Bangalore

Huawei has opened its largest R&D center in Bangalore, which is expected to seat 5,000 employees.

Feb 6, 2015

Budget 2015: RBI Governor Raghuram Rajan Favours Higher Tax Exemption Limit On Financial Investments

A rise in the limit will improve savings rate

Feb 5, 2015

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Finance

Mirach Capital Values Sahara's Overseas Hotels at $1.67 bn, Below Market Value

RBI Deputy Governor Directs Lenders to Improve Asset Quality

Banks Seek EOW Probe into ₹15,000 crore Fake Remittances Scam

Budget 2015: Govt Mulling Incentives to Individuals, Companies to Boost Savings, Investments

No Proposal to Hike Rail Fares at Present: MoS for Railways Manoj Sinha

Foodpanda Acquires JustEat India, to Cover More Than 200 Cities

Budget 2015: Modi Chairs Maiden NITI Aayog Meeting, Discusses Economic Policy Formulation with Noted Economists

Sahara India's Troubles Multiply: Enforcement Directorate Files ₹3,600 Cr FEMA Charges over Luxury Hotel Investment

Sahara: Forged Letter Spoils Efforts to Secure Subrata Roy's Release

Defence Production Reforms Will be Ready Soon, Says Parrikar

Global Bodies Lined up for Funding Infrastructure Development: Arun Jaitley

HAL to Supply 14 Dornier Do-228 Aircraft to IAF in a Deal Worth ₹1,090 Crore

Qatar Airways CEO Al-Baker and Rahul Bhatia of IndiGo Meet, Triggering Stake Sale Rumours

'Make in India' Scheme: Huawei Invests $170 mn in R&D Facility in Bangalore

Budget 2015: RBI Governor Raghuram Rajan Favours Higher Tax Exemption Limit On Financial Investments

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]