The agency had earlier alleged that the company had sold its 9.1% stake to Delphi for Rs 10 crore --a rate much lower than the prevalent market price.
The huge pressure on the currency market largely went unnoticed because of the demonetisation exercise.
The rupee on Wednesday snapped its two days of losses and edged up two paise to end at 59.27 against the dollar following late selling of the US currency by exporters.
It takes eight to nine months for developing a robust software from the time the rules are decided, warns Bharat Goenka, managing director of Tally Solutions, one of the entities entrusted as a 'Suvidha Provider' with developing ready software for customers to get them ready for the coming Goods and Services Tax.
Despite all the controversies, the IPL's brand value hasn't diminished. Instead, says Harish Kotian/Rediff.com, the IPL made the BCCI richer by over Rs 3 billion!
The National Democratic Alliance won 64 seats.
Banks and exporters preferred to reduce their dollar position in view of its weakness.
Mamata woos industry with boat ride to Gangasagar, Sundarbans
Between 2011 and 2014, they indirectly determined the price of tyres in the market, says report
'I am angry because this ever happened.' 'I am sad because it's painful to think what they must be going through.' 'I am glad we've fought hard to break through such cruel tradition.' 'But it burns my blood to think we're still holding on to regressive culture that is stemmed from preserving this so-called honour,' says Sukanya Verma.
Even on paper, there is not much to choose, especially with Pune beating MI thrice this season including a comprehensive victory in Qualifier 1. But a impressive show by Mumbai in the final cannot be ruled out.
The West has built a culture of art philanthropy.
The Supreme Court order asking Kolkata-based Advanced Medicare and Research Institute Hospital to pay Rs 5.96 crore as compensation for medical negligence could wipe out an entire year's profit. With interest, the compensation translates to a little more than Rs 11 crore.
Morgan Stanley has big plans to invest in India's real estate.
The rupee closed at Rs 66.21 in its last trading session.
Aditya Birla Retail set up seven years earlier, posted a 20% growth in sales over a year earlier for 2013-14.
CBI on Monday submitted a list of five witnesses, including Anil Ambani, who are scheduled to be called for recording of their statements before the court.
For the past few years, Avigo has been in talks with many strategic players, including private equity investors, to sell its stake in Spykar.
It was an evening to remember for the people residing in 'Mecca of Indian Football' as a riot of colours lit the Salt Lake skyline with much awaited Indian Super League (ISL) doing everything possible to strike the right chord with the football aficionado.
Month end dollar demand from oil importers has forced rupee to trade weak.
The Zandu business grew rapidly, and we became debt-free within two years of the deal.
ASCI has released norms for fairness creams, saying these would go a long way in ensuring ads do not discriminate against people with dark skin.
The CMM was appointed as commissioner to record 84-year-old Ammal's testimony by a Special CBI Court, holding trial in the case, in the wake of the Supreme Court's direction.
Every three minutes, in some corner of the country, two Altos are being sold.
Market linking of petrol and diesel prices has helped the industry.
The battered rupee gained 225 paise to 66.55 against the dollar today, the most in at least 15 years, after the Reserve Bank of India eased pressure in the currency market by starting a facility for state-run oil refiners to buy foreign exchange.
GST will lead to consolidation of multiple indirect taxes
The BSE Realty Index is on a downhill journey.
In 2006-07, TCS had employed 7,000 people in the eastern states.
In a recent article, Rajan has ridiculed critics of the exchange rate policy.
GAAR will not override the recently revised double taxation avoidance agreements with Mauritius and Singapore.
Swan Telecom promoter Shahid Balwa, who along with former Telecom Minister A Raja and 17 others are facing a money laundering case arising out of the 2G scam, on Friday moved the Supreme Court seeking setting aside of a lower court order of framing charges against him.
CEOs are not happy with scorecard so far but are ready to invest more as they think one year is too short a time to revive the economy
The government plans to take India into the top 50 ranks in ease of doing business in the next two years with efforts such as shifting all applications for industrial licenses online.
The court said a 'scam was created when there was none'.
Maruti Suzuki, Hyundai and M&M draw visitors with a range of concept cars.
The lack of bandwidth and content means it will be a long time before online streaming services take off in India.
With more firms now offering stock options to their chief executives, the salaries of these managers are sky-rocketing.
The auto industry expects lower taxes and interest rates from Budget 2015.
India's limited-overs captain Mahendra Singh Dhoni, along with his teammates Ravindra Jadeja, Ajinkya Rahane, Suresh Raina and Ravichandran Ashwin, among others, will be up for grabs for the two new IPL teams in the draft to be held in Mumbai.
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