Finance

Sahara Readies Legal Action against Mirach Capital over Deal Collapse

Allegations fly on both sides over collapse of the deal necessary to secure Sahara India's chief Subrato Roy and two other executives.

Feb 13, 2015

Pipavav Defence Denies Plans to Sell Stake to Mahindra

A report had claimed that it is planning to sell stake for ₹3,500 crore

Feb 12, 2015

Apple Worth More Than $1 Trillion: Carl Icahn

Activist investor Carl Icahn said that he valued the company's shares at $216 per share.

Feb 12, 2015

A model of the new Hyderabad International Airport

Privatisation of Airports: Adanis Eye Ahmedabad Airport

The privatisation move has been criticised by AAI employees

Feb 12, 2015

'Digital India': Call Centers, BPOs in Small Towns Soon, Says Ravi Shankar Prasad

Private players will be given incentives to set up the centres that will serve the poor, he said

Feb 12, 2015

Mahindra to Acquire Pipavav Defence for ₹3,000 Crore, Eyes Order Book

The Indian defence industry is witnessing consolidation, as companies line up to pick up supplying to the Indian defence requirements. This news could see more tie-up between Indian players, and Indian and foreign players.

Feb 12, 2015

Hotel Plaza owned by Sahara Chief in New York

Sahara-Mirach Deal Falls Through, Dampens Efforts to Secure Subrata Roy's Release

However, the offer to buyout Sahara's three overseas hotels for $2.05 billion exists

Feb 11, 2015

Apple Becomes First US Firm Worth $700Bn in Stock Valuation

The valuation puts Apple on the top, which is more than the combined valuation of Google and Microsoft, its two closest competitors.

Feb 11, 2015

Mills Sell Sugar at Lower Rates to Pay Farmers as they Wait for Subsidy

The sugar industry is reeling from increased production and depressed prices, and looks forward to the government announcing an export subsidy to tide over the crisis

Feb 11, 2015

IT Exports to Expand by 12-14% in FY15: Nasscom

Nasscom expects the Indian IT sector to clock 12-14% growth in the upcoming fiscal year, on the back of strong economic fundamentals of Western nations.

Feb 10, 2015

A Railway Worker inspecting tanker wagons

RBI Orders Tighter Compliance on Suspicion of $3.2bn Iran Export Scam

The central bank asked Indian banks to tighten compliance and asked them to be more vigilant on suspected money laundering cases.

Feb 10, 2015

HSBC Admits Swiss Banking Arm Held Accounts For Tax Evaders

"We acknowledge and are accountable for past compliance and control failures," the bank said

Feb 9, 2015

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

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Finance

Sahara Readies Legal Action against Mirach Capital over Deal Collapse

Pipavav Defence Denies Plans to Sell Stake to Mahindra

Apple Worth More Than $1 Trillion: Carl Icahn

Privatisation of Airports: Adanis Eye Ahmedabad Airport

'Digital India': Call Centers, BPOs in Small Towns Soon, Says Ravi Shankar Prasad

Mahindra to Acquire Pipavav Defence for ₹3,000 Crore, Eyes Order Book

Sahara-Mirach Deal Falls Through, Dampens Efforts to Secure Subrata Roy's Release

Apple Becomes First US Firm Worth $700Bn in Stock Valuation

Mills Sell Sugar at Lower Rates to Pay Farmers as they Wait for Subsidy

IT Exports to Expand by 12-14% in FY15: Nasscom

RBI Orders Tighter Compliance on Suspicion of $3.2bn Iran Export Scam

HSBC Admits Swiss Banking Arm Held Accounts For Tax Evaders

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

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]