This was the companies' highest loss in two years.
The PIL , filed by advocate M L Sharma, sought action against Ranbaxy for allegedly supplying substandard and adulterated drugs
Aiming to enhance quality of life while conserving the planet, Fourth Partner has ventured into the disruptive sector of solar power
Manoj Sinha will retain his current role in the railways.
Setting up a system is not very complicated and costs can be Rs 2-3 lakh for a 100-apartment society
India is experiencing jobless growth and skepticism abounding that the country may not be able to cash in on its demographic bonus
The Election Commission sent a notice to Mangal Prabhat Lodha, the BJP's Mumbai chief. This is probably because a leading newspaper highlighted his utterances on its front page.
The gross NPAs of some public sector banks, including State Bank of India and Punjab National Bank have crossed 4 per cent of the total assets at the end of March, 2013.
In the first of a two-part series, Tamal Bandyopadhyay explains why the ICICI Bank's board first rushed to deny all allegations against Kochhar and then took the extreme steps against her.
He has left no one in any doubt about his ability to take bold, even out-of-the-box, decisions, to gauge the feelings and aspirations of the common people at the grassroots and to ensure that polices and schemes do not remain on paper, but are implemented, says B S Raghavan, the distinguished civil servant.
The policy proposes a contingency plan to handle cyber attacks on vital installations and critical infrastructure.
'The money is safe with the payment services solutions provider'.
With at least three IPOs in the offing this year, stock market investors have a lot to look forward to.
Sources indicated defence and national security initiatives.
Amazon committed a fresh investment of $3 billion, in addition to the $2 billion it announced in 2014.
Long-term investors can stay put in the markets, but should brace for volatility
Alipay payment service is about bringing the world's consumers and businesses together.
Central Bureau of Investigation Director Ranjit Sinha on Monday said "collusive corruption" in which there is a willing bribe-giver is emerging as a "formidable" challenge for institutions fighting corruption.
Bankers said fear of loan losses impairing their careers could make officers wary of sanctioning new loan proposals on their own.
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
'For years, the RBI has been warning banks on probable frauds in bank guarantees and advised them to exercise due care.' 'PSB staffers feel their jobs are secured, hence there is no need to be vigilant and exercise financial prudence.'
India's snooping programme is officially underway and multiple agencies will use internet surveillance system Netra and National Cyber Coordination Centre to keep a tab on suspicious activities on the internet, says Vicky Nanjappa.
From the roll-out of GST to H1B visa problems, the government needs to quickly deal with various disruptions.
'And Indians are loving it,' says Shekhar Gupta.
'To selectively look at the operation of certain laws -- in a manner that ignores the realities of caste and gender injustice in India -- and conclude that they are being particularly misused, is plain wrong,' says Aakar Patel.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.
'When these fugitives flee to Karachi they don't have much to do, but tweedle their thumbs.' 'I have seen a number of criminals coming back to India because they realise they can meet more people over here.' 'After the 1993 blasts, Latif was not mentioned in the chargesheet.' 'He probably felt he could safely return to India.'
Trading of diamonds especially with a gulf country has come under the lens of intelligence agencies here for suspected terror financing and money laundering.
Trade enhancement is not about lowering tariff barriers, but dismantling such regulatory barriers.
China has taken a position of non-acceptance and non-participation on the jurisdiction by the International Court of Arbitration in a case the Philippines has brought against China's claims to nearly all of the South China Sea, Abraham Denmark, Deputy Assistant Secretary of Defence for East Asia, told lawmakers at a Congressional hearing.
Health insurance has almost 23 per cent market share in the general insurance space.
Though the summer is expected to be hotter, global and domestic forecasts point to good rains.
Five years after his arrest during the 26/11 strike on Mumbai and over a year after he was hanged to death after a much-publicised trial, Lashkar-e-Tayiba terrorist Ajmal Kasab continues to inspire myriad conspiracy theories.
The IMD on its part is sticking to its forecast of July rainfall.
'Around 15 crore poor people have lost their money.'
India's ties with Saudi Arabia have been on an upswing over the last two decades based on burgeoning energy ties. Both sides are keen on expanding the economic ties in a range of areas besides the oil sector.
Rising skills gap, falling exports, low productivity, rising debt and low foreign investment is jeopardising the target set for the textile and apparels sector
At the prison, both Ranjan and Manglik's cell phones were pressed into service by the CBI. Why the CBI didn't bring its own equipment seems a mystery... Ranjan's cell handset was given to Indrani and Manglik dialed it. Indrani then spoke and her speech, that emanated from the phone, via speaker mode, was recorded.
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