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Sahara India Chief Subrato Roy

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
'Yennai Arindhaal'

'Yennai Arindhaal' Opening Day Box Office Collection: AjithStarrer Beats Vikram's 'I'; Fails to Break 'Kaththi', 'Lingaa' Records in TN

Ajith starrer gets massive opening in Tamil Nadu and Kerala but fails to beat box-office collection of Vijay's "Kaththi" and Rajinikanth's "Lingaa" Feb 6, 2015
Subrato Roy

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
Finance Minister Arun Jaitley

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
'Yennai Arindhaal'

'Yennai Arindhaal' Opening Day Box Office Collection: Ajith Starrer takes a Flying Start in US; Thala's Highest Ever

US Distributor ATMUS Entertainment has claimed that "Yennai Arindhaal" has collected $113,232 from 75 screens Feb 6, 2015
SpiceJet Airlines

SpiceJet Announces Special Offer for Valentine's Day; One-way Ticket Starts at ₹1,599

The scheme is available on all domestic routes and onward flights on SpiceJet network on first-come-first-serve basis. Feb 4, 2015
Finance Minister Arun Jaitley

₹80,000 Cr of Unspent Funds at Jaitley's Disposal to Help Limit Fiscal Deficit to 4.1%

The finance minister is expected to use the amount unspent by government agencies to help cover the budget deficit. Feb 4, 2015
Indian Prime Minister Narendra Modi

World's Top Sovereign Wealth Funds Listen to Modi's Reform Plans

He was addressing 20 top global investors who manage assets worth about $11 trillion globally Feb 4, 2015
ONGC

Modi Gets Cracking on State-Owned Institutions to Spend $19bn Cash Hoard

The Modi government has gone after state-owned entities, sitting on piles of cash, to deploy the asset into capital expenditure and to increase overseas investments. Feb 3, 2015
Chris Urmson, director of Google's self-driving car project

Google Developing Uber Competitor, to Enter Ride-Sharing Business Soon

Google emerges as the most significant threat to Uber. Feb 3, 2015
Mukesh Ambani

Reliance, Bharti, Aditya Birla Apply for India's Payments Bank Licence

Some of India's largest business houses and a few obscure names have applied for the payments bank licence with the RBI. Feb 3, 2015
ONGC

Govt to Opt for More PSU Stake Sale in Feb and March, Hopes to Raise ₹43,425 crore to Meet Disinvestment Target

The government is expected to see ONGC, IOC and NHPC share being sold in the next two months to help fund the fiscal deficit. Jan 31, 2015
Oil storage tanks

India to Commission 5-mt Underground Oil Storage Reserves by October

The Indian Government is expected to commission a 5 million tonne underground storage facility. Jan 31, 2015
Indian Worker

Budget 2015: Indian Economy to Record 5.5% Growth in 2015, Says Report

A research report sees the Indian economy expanding by 5.5% in 2015, owing to the fall in crude oil prices and interest rates. Jan 30, 2015
Coal being unloaded

Coal India OFS Scrapes Through, Oversubscribed By 1.04 Times Minutes Before Closure

Retain investor segment saw just 42.5% subscription, while non-retail portion was oversubscribed by 1.2 times. Jan 30, 2015
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