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Limping SpiceJet's Sweet Deal: Fly for ₹599

The no-frills airline is offering a slew of discounted tickets to gain market share. Even though its cash flow may increase, its profitability may suffer.

Feb 11, 2015

'Yennai Arindhaal' 5 Days Box Office Collection: Ajith Starrer Nearing $500k Mark in US

"Yennai Arindhaal" is continuing its success run and has become the highest grossing Ajith movie in US

Feb 10, 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

'Yennai Arindhaal' Opening Weekend Box Office Collection: Ajith Starrer Grosses ₹15 Crore Overseas; Fares Well in US, Australia

Ajith's "Yennai Arindhaal" has grossed ₹3.10 crore in US, ₹90 lakh in Australia/ New Zealand and ₹1 crore in the UK

Feb 9, 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

Box Office Collection: 'Yennai Arindhaal' Becomes Ajith's Highest Grosser in US; Beats All Time Record of 'Arrambam'

"Yennai Arindhaal" has grossed $415 K till Saturday beating all time record of Ajith's previous best "Arrambam" which had collected total of $380 K.

Feb 9, 2015

'Yennai Arindhaal' Second Day Box Office Collection: Ajith Starrer Grosses ₹20.83 Crore in TN

"Yennai Arindhaal" starring Ajith has crossed 20 Crore mark in Tamil Nadu and is now awaiting worldwide box office collection reports.

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