The UAE-based Emirates Telecommunication Corporation (Etisalat) on Thursday filed a petition against Shahid Balwa and Vinod Goenka, promoters of the beleaguered Swan Telecom, for "fraud and misrepresentation".
Idea takes the matter back to Supreme Court as cancellation-hit telcos make decisive moves.
The company agrees to give interim funding till the airline gets an equity partner
Five years after its investment, private equity major Carlyle Group may exit a quarter of investment in mortgage lender HDFC Ltd.
At a time when headline inflation has been moderating, most were expecting the central bank to take a firmer stance on growth.
Children's plans contribute close to 10 per cent to the total premium collected through the 50-odd life insurance products across the country.
Pulok Chatterjee to head panel; deadline set for specific targets.
A Rs 2 health insurance scheme for rural India and a project on empowering cooperative banks through effective application of information technology -- ideas that looked at tackling such problems received the thumbs-up from the jury of the Business Standard B-school Award 2012 held here on Tuesday.
At the Bengal Leads-2012, the third investors' event hosted by Mamata Banerjee since she became Chief Minister, Banerjee asked the industry that it start investing in West Bengal.
The Indian business process outsourcing (BPO) industry gave a thumbs-down to the US Call Centre and Consumer Protection Bill, terming it another "protectionist" measure by the country.
The list of negatives on Kingfisher Airlines is getting longer.
The rising cost of medical insurance has prompted India Inc to provide lower cover to employees. A 2011-12 employee benefit survey says the average sum assured under the group medical cover offered by companies has come down by 40 per cent -- to Rs 300,000 from Rs 500,000 -- over the last two years.
Opposition placated on multi-brand FDI, single-brand policy to be notified during Winter session.
Vodafone's brass, including chief executive officer Vittorio Colao, told investors roaming policy was applicable to its 3G licences, in spite of claims that it was not.
Important pieces of legislation, including financial Bills, are required to be introduced and passed.
Come with full data, put in more equity, get other creditors on board and begin homework for RBI okay: SBI chief.
The current global financial crisis dominated the India Economic Summit's (IES) pre-event conference. The three-day event, being organised jointly by the World Economic Forum (WEF) and Confederation of Indian Industry (CII) from Saturday, would make its debut in this city after 26 years. The summit, an annual event, is usually held in New Delhi.
Observers say more banks, especially public sector entities, which have a 70 per cent market share, will also join the battle to get more cheap deposits.
Women are increasingly getting active in shopping online by prominently buying lifestyle and electronic items.
With the rupee showing a freefall and hitting a 28-month low against the dollar, India Inc has yet another headache.
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