BoA pays Mukesh Ambani Rs 1.3 cr as director pay

Indian billionaire industrialist Mukesh Ambani has got paid $240,000 (about Rs 1.3 crore) as director compensation for 2012 by global banking giant Bank of America -- a position he would......

Minimum land need for SEZ to be lowered

Many key changes are in the works to change the contours of the Special Economic Zone (SEZ) policy and boost growth across these units. Following a discussion paper last November, the commerce......

SEZ developers allowed to dilute project equity

Five years after the special economic zone policy came into existence, the department of commerce and industry has allowed developers to sell their stake partly or fully to other promoters and......

Ambani may get Rs 1 crore as compensation from BoA

Bank of America has given shares worth nearly Rs 11 lakh (Rs 1.1 million) to Mukesh Ambani as part of annual retainer fee to the billionaire industrialist, who joined the United States banking......

Cardiff sack manager Mackay after dispute with Tan

The protracted disagreement between Cardiff City chairman Vincent Tan and manager Malky Mackay reached its inevitable conclusion on Friday when the Scot was sacked seven months after winning......

Britain seeks CAS ruling on Olympic doping ban

The British Olympic Association (BOA) will seek a hearing before the Court of Arbitration for Sport (CAS) to determine the legality of its eligibility rule which bans athletes who have served drugs......