In contrast to their lavish lifestyle, all the five spent their night in a 90 square feet Tihar prison cell.
The five were not arrested during the probe into the case.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
Auto major Mahindra has ambitious plans for its electric cars project, that include ramping up its output to 60,000 units a year, high-end electric powertrains, and 380 to 650 volt battery systems.
No tyres of any description have rolled out of its factories in Sahagunj (West Bengal) or Ambattur (Tamil Nadu) since 2011 and 2012, respectively.
It would pave the way for Jammu and Kashmir to attract large-scale investments, the industry leaders said.
All the corporate accused had challenged the special CBI court's order declining their bail pleas and directing their arrest on April 20.
Mahindra plans to launch 8-10 products, including a premium sports utility vehicle, across various segments by March 2012
While DB Realty sent out an official statement early evening, Unitech did that much later.
Auto major Mahindra & Mahindra said it has decided not to acquire the over 95 per cent stake in the beleaguered PSU firm Scooters India at present, as it has "various things" to do.
Ceat, the country's fourth biggest tyre producer, is charting expansion plans for the international market, with launches planned in various countries, including the US, the world's biggest tyre market.
Indian companies realise several business opportunities ahead of International Yoga Day on Sunday
During their twice-a-week meetings (interview in jail parlance) with family and visitors, these executives are also permitted to get home-cooked food. That's about all as far as luxury goes.
The All India Management Association (AIMA) announced that it would conduct a new test to assess the employability of students passing out of Indian business schools.
"We have hiked prices last week by 1.5 to 2 per cent on all our vehicles due to higher commodity costs," Mahindra and Mahindra President (Automotive and Farm Sectors) Pawan Goenka said.
Mahindra & Mahindra Ltd, India's largest sports utility vehicle and tractor maker, is bullish on its latest acquisition of REVA Electric Car Company.
Telly folk step out for a glamorous night.
M&M is in the final stages of acquiring troubled South Korean automaker Ssangyong Motor Company.
Mahindra & Mahindra on Wednesday said it will look at sharing vehicle platforms with that of South Korean company SsangYong Motor, the acquisition of which it expects to complete by December.
Customers won't shift to electric cars until there is countrywide infrastructure for charging stations, which should be as spread out as petrol pumps now. Two, the price of the lithium ion battery, which constitutes 30 to 40 per cent of the cost of an electric car, has to fall substantially, so that the vehicle is as affordable as a gasoline one.
Managing Director Vinod Goenka says the company is not looking at restructuring.
The demand for the US currency from importers outweighed capital inflows and firm local equities.
RPG Enterprises' vice-chairman is upbeat about retail firm Spencer's and talks of a pan-India growth plan for power company CESC.
"We r proud of u @aamir_khan," the Delhi chief minister wrote on Twitter along with the picture of statement issued by Khan.
Are *you* ready for the PadManChallenge?
Mahindra could not provide details of where the plant would be located in South Africa and how much would be invested on it, but merely indicated that a feasibility study had been completed.
Has the IPL, its players and fans become secondary as big companies cynically use India's most followed and visible sport to push their phone or toothpaste brands?
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Snapping a two-day fall, the rupee opened strong at 59.49 a dollar from the previous close of 59.76 at the Interbank Foreign Exchange Market and then touched a low of 59.59.
Whether it is DLF in the National Capital Region, or Godrej Properties and Oberoi Realty in Mumbai or Sunteck Realty, Prestige Estates and Sobha Realty in Bengaluru, most top players have launched or lined up a slew of new project launches during this season.
Can the television industry's new generation work at solving its old problems?
The Society of Indian Automobile Association on Monday wondered what additional information customers will get from a proposed 'star rating' of cars based on fuel efficiency, although it insisted that the industry was not opposed to any such move.
Football legend Pele tells defending Indian Super League champions Atletico de Kolkata to always respect the opponent.
In a boost to women entrepreneurship in the country, three Indian businesswomen are among the 15 women entrepreneurs who have been awarded the third La Caixa International Women Entrepreneurial Challenge Awards (IWEC) this year.
IPL Player draft: How the bidding went
A revealing excerpt from Anupam Kher's Lessons Life Taught Me, Unknowingly: An Autobiography.
TUV300 will take on the likes of Ford EcoSport and Renault Duster that are priced between Rs 7.88 lakh and Rs 13.54 lakh.
C K Birla group company Hindustan Motors has reported 50 per cent erosion in peak net worth and accumulated losses of the company stood at Rs 132 crore (Rs 1.32 billion).
The Kolkata-based franchise, partly owned by La Liga club Atletico de Madrid for the first three seasons, had earlier this month split from the Spanish club.
He said over ten global launches and a total 50 new launches, which includes variants of different existing models, will be held during the expo.
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