Former Telecom Minister Dayanidhi Maran, his brother Kalanidhi Maran and six others, including four companies, were on Friday chargesheeted by the CBI in a special court in the Aircel-Maxis deal case arising out of the investigation in the 2G spectrum allocation scam.
BT Group Plc, Britain's largest fixed-line telecom provider, said on Friday its BT retail unit would set up two call centres in India, joining a long list of firms moving to that country in a bid to cut costs.
British oil and gas major BG Group on Thursday said it would double its investment in India to $1 billion for increasing production from the Panna-Mukta and Tapti offshore oil and gas fields.
Cairn Energy has sought equity participation from ONGC to develop its latest find of about 20 million tonne oil and gas reserves in Rajasthan.
While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.
The partially convertible rupee ended at 62.2825/2925 per dollar.
Software services giant Wipro Ltd is likely to lose business from its big client 186k, a former broadband telecoms unit of Lattice Plc which merged with National Grid Transco, vice-chairman Vivek Paul said.
McDowell has acquired 85 per cent of Triumph Distilleries and Vintners Pvt Ltd at around Rs 600 million from a clutch of investors.
Aviva Life Insurance targets to treble its business to over Rs 70 crore (Rs 700 million) and hire 2,000 more people this fiscal while targeting to be among the top six life insurers within a few years.\n\n\n\n
IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.
The rupee's gains came even as most emerging Asian currencies eased as the yuan fell beyond 6.20 to the dollar for the first time since April last year amid market speculation that the central bank will keep the currency weak as economic growth slows.
On August 29, CBI had filed the charge sheet in the case against Dayanidhi, Kalanithi and six others, including four firms.
The deal would involve Pfizer paying with 11.3 of its shares for each Allergan share.
Reserve Bank of India Governor Raghuram Rajan took charge of India's central bank when the rupee seemed to be in a tailspin while the country was facing runaway inflation.
Move could be aimed at integrating operations with Indian subsidiary.
A preliminary deal for sale of 49 per cent in Essar Oil to Rosneft was signed between the companies in July 2015.
New Delhi is also set to top its target of raising at least $13 billion.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
The ED said that Chidambaram has remained evasive and therefore grant of pre-arrest bail at this stage would be highly detrimental to the investigation.
A pregnant Serena Williams makes the tennis superstar even more attractive to corporate sponsors, allowing her to extend her reach into maternity wear and motherhood products, sponsorship industry executives said.
Cairn said it had initiated arbitration.
Suitors came with all-cash offers but were rebuffed
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
Increased price control over branded generic medicines has affected its profitability
Traders have all but given up attempting to predict where the new-year rout will end
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
It is keen on electric cars as battery costs go down
The output was behind target in 2015-16 as well and the government is yet to issue a cost disallowance notice for that
The bankers also alleged that the Rs 594-crore claim at this point of time is a clear-cut tactics of UBHL to delay the process of justice, knowing fully well that the case is on the verge of disposal.
In 2013-14, India became the third-largest contributor to Vodafone Group's service revenue and operating free cash flow.
Delaying action on climate change will hurt growth: Global CEOs.
An estimated 10,000 to 20,000 jobs will be axed, according to a media report
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
Pro golfer Tiger Woods and US Olympic skier Lindsey Vonn have broken up after a nearly three-year relationship, the pair said on Sunday.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
The withdrawal of the arbitration will now entitle the two companies to marketing and pricing freedom on the natural gas they produce from newer fields in the deep sea at an investment of Rs 40,000 crore by 2022.
Forex dealers said besides a lower opening in the domestic equity market on fears of a rate hike by the Reserve Bank, higher demand for the American currency from importers put pressure on the rupee but dollar's weakness against other currencies overseas, capped the fall.
Finance Minister P Chidambaram has asked UK-based Vodafone Group, which is facing a tax liability of over Rs 11,200 crore in India, to give its view on the long-pending matter in writing, a senior official said.
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