Naresh Goyal, after being ousted with his wife from the board last week, and with his shareholding halved to 25 per cent, can still make a comeback by partnering a new investor and win back majority control.
The S&P BSE Sensex plunged 301 points to close at 25,490 and the Nifty50 fell 86 points to end at 7,815.
Andreessen made a objectionable tweet about India after Trai ruled against Facebook's free but restricted internet programme
As many as 142 stocks from the S&P BSE500 index are currently trading below their level of May 12, 2014
Lenders can now review a borrower account within 30 days of default. Earlier, the banks had to start resolution within one day of default.
Experts believe volatility is here to stay for some time, at least till China stabilises and clarity regarding the US Fed's interest rate move emerges.
With the implementation of the goods and services tax less than 75 days away -- assuming July 1 as the roll-out date -- Sudipto Dey provides a guide to how businesses can navigate the transition.
Reliance ADAG Chairman Anil Ambani will have to appear as a CBI witness in the 2G scam case with the Supreme Court on Wednesday refraining from passing any order and the trial court dismissing a plea for deferring his deposition scheduled tomorrow.
Among the gainers, Sun Pharma topped by rising 3.03 per cent as the weak rupee tempted buyers to accumulate shares of pharma exporters.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
'This novel format of diplomacy -- the informal summit -- will not only facilitate bilateral communication and reduce miscalculations at the very top level of the two governments, but possibly open the space for China and India to speak in one voice on various issues of mutual concern,' note Feng Renjie and Ding Kun Lei
With smart mobile devices inching out desktops and laptops, global research firm Gartner has said that it expects about half of first time computer purchases to comprise of tablets by 2017.
In one of the largest FDI deals in realty sector, global private equity Warburg Pincus will invest Rs 1,800 crore (Rs 18 billion) in Piramal Realty, which would use the funds to develop mixed-use projects in the megalopolis.
Watal panel had suggested an independent payments regulator be set up.
On the telecom sector, he demanded auctioning of more spectrum.
While you can always correct them, the sooner you do it the better it is for you, says Sanjay Kumar Singh
Some leading Indian companies are likely to see their earnings declining if the Indian currency depreciates further, analysts and finance heads say.
Is the demoralised party trying to open its account as an Opposition party?
Hoteliers are tweaking their pricing strategies to adjust to the new stickiness in the market.
A company claims to run ads on Facebook where students are encouraged to provide their details to get help from career counsellors.
Within a year of selling its handset and services business to Microsoft, Nokia has again entered the mobile devices segment by unveiling a new tablet N1 in partnership with Taiwanese company Foxconn.
India Inc has few leaders who are likely to grab headlines in 2015.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
For an entrepreneur, managing his personal finances well is half the battle won.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
The RBI has created a stunted business model by which payment banks are supposed to shoulder the noble objective of financial inclusion without being able to make much money.
The Jalan panel has recommended to the RBI to keep shady entities out of banking licence race.
The Norway-based firm, Telenor, entered India through a joint venture with Unitech Wireless.
For top IT services firms, revenue growth in FY15 was the slowest since the Lehman crisis
Since most Indian firms have kept their forex exposure unhedged, credit profile of companies in the highly sensitive sectors such as oil & gas, metal & mining, airlines could weaken substantially, says Anup Roy.
An expectation of tax sops in Budget, weakness of dollar and robust tax collection are adding positive sentiment
Tata Steel was the day's worst performer in the Sensex pack, plunging 3.25 per cent, followed by Bharti Airtel at 3.05 per cent.
The ministry of railways is set to invite bids for content on demand and rail radio services, to be provided for travellers in April, says Shine Jacob.Shine Jacob in New Delhi
The Prime Minister and and President gracing ads for Reliance Jio and Bandhan Bank have put the spotlight on this trend.
Indian Hotels, Tata Steel, Tata Teleservices, Tata Motors, Tata Power need some immediate attention of the Tata Group chairman
Payments banks will mainly deal in remittance services and accept deposits of up to Rs 1 lakh.
'Tamil Nadu's youth bulge will soon be 70 per cent of the population, many of them smartphone-toting millennials looking for gains more tangible than what screen gods can give,' says Sunil Sethi.
'Some business families would probably have to revert to their core businesses, which the IBC will ensure.'
Blind spots of the company were two-fold - managing cash flow and investments to upgrade technology and continue research and development.
