It had already suffered losses amounting to $1.3 billion over the previous three years.
Prior RBI permission a hurdle, given its views; business interest needs to be clearer.
Infosys, the nation's second largest software exporter, on Wednesday paid a record $34 million fine to settle a visa row in the US.
The Karnataka government decided to hand over to the Central Bureau of Investigation the probe into the murder of noted Kannada progressive thinker and scholar M M Kalburgi, even as his body was laid to rest with full state honours.
United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company.
A raft of banks could face tough questions in the sweeping US crackdown on alleged corruption in global soccer as prosecutors review how much they knew about millions of dollars in bribes flowing through the US banking system to accounts around the world.
The Indian money in Swiss banks had fallen by 45 per cent in 2016, marking their biggest ever yearly plunge, to CHF 676 million (about Rs 4,500 crore) -- the lowest ever since the European nation began making the data public in 1987.
The Allapuzza the police found that nearly 1,700 girls were trapped in sex rackets. Many of them were exploited due to their poor financial background and some were threatened and blackmailed into the trade. Vicky Nanjappa reports
With the launch of GSLV-MK III, slated for April, it will be able to cater to bigger satellites as well.
So how does one protect themselves from misuse of their credit cards? Here are a few helpful suggestions.
The deposit has been made on account of the rate reductions approved by the GST Council in its November. The rate was reduced on items including shampoo, detergents, chocolates, beauty products, sanitary ware, leather clothing, cookers, stoves, after-shave, deodorant, detergent and washing power. Companies found it difficult to pass on the benefits to consumers immediately at the time of GST rate reduction owing to logistical issues.
The order would ensure that the US fully collects all duties imposed on foreign importers that "cheat".
To curb the menace of illicit fund flows, the government has set up a high level panel that will look into trade-based money laundering activities which particularly involve manipulation of invoices.
Low-cost IT workers in India are populating what have been described as 'click farms' in fake internet traffic.
Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts.
The merger process started four years ago, with the acquisition of Satyam in April 2009.
'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation, tells Sudhir Bisht, a veteran of the petroleum industry.
Kabul Chawla's company in India is facing the ire of consumers.
M Muneer recommends segmenting the population on the basis of their propensity to embrace new technologies is the key to driving digitisation.
The woman, who was wearing a dress, missed her flight, though she was accommodated on a later flight after she reportedly changed into trousers.
The Uber cab driver accused of raping a 27-year-old executive has been a serial sexual offender and was out on bail in a rape case in 2013 besides being involved in similar case in 2011, police said on Tuesday calling him a 'big time rogue'.
Air India's website, which went down two days ago after the airline offered a special fare of Rs 100, was apparently blocked by a few sites in India and abroad for a considerable time.
A government-instituted panel which probed the extent of non-compliance by General Motors in re-fitting pre-approved engines on Tavera models sent for inspection to meet specified emission norms, submitted its report late on Monday evening, holding the company responsible for corporate fraud.
Top management of firms should be summoned for a few specified reasons and after written justification at a senior level.
The government has initiated a forensic audit at the state-run Oriental Bank of Commerce and Dena Bank after unearthing of a suspected scam, wherein the lenders allegedly misappropriated funds worth Rs 436 crore from their fixed deposit customers.
The emission is nine times more than cap; Volkswagen denies the claim.
It will tackle crimes, including those associated with malware, botnets, intellectual property theft and technology facilitated child exploitation.
'Cultural property crimes have been linked, by the United Nations and others, to terrorism.' 'These links show the perpetrators to be associated with major criminal and terrorist networks like ISIS.
PIO finds similarities between WannaCry code and other tools created by Lazarus Group in the past.
This is the lowest amount of funds held by Indians in the Swiss banks ever since the Alpine nation began making the data public in 1997.
Reports suggest that the police were unable to find any contact of the company's office and had to take a Uber cab to reach the company's training centre in Gurgaon, giving credence to the perception that Uber has grown too much too soon.
Uber is suing Ola for $7.5 million to compensate for lost revenue and goodwill, alleging the Indian market leader created about 94,000 fake user accounts with the ride-hailing service and used them to make more than 405,000 false bookings
The aviation authority is concerned about financial health of Air India, Spicejet and Jet Airways.
In continued post-demonetisation crackdown on black money, stashes of new notes continue to be seized in several states, including Rs 1.05 crore from a tea seller-turned-financier in Gujarat and nearly Rs 90 lakh in Andhra Pradesh.
Official talks were held between Modi and Seikh Tamim for multi-sectoral partnership and strengthening of Indo-Qatar ties following which the agreements and Memorandums of Understanding were signed on the second day of the Prime Minister's visit.
Fifty-nine people aboard a Japanese budget carrier had a lucky escape after the pilot "misunderstood" instructions from air traffic controllers and allowed the jet to fly just 75 meters above the sea while trying to land in Okinawa, authorities said on Tuesday.
An industry of scamsters is operating in the guise of call centres in India.
Three Indians have pleaded guilty to criminal charges of conspiring to commit student visa and financial aid fraud through a for-profit school they ran and agreed to forfeit over USD eight million to federal authorities.
All nine people on board a private corporate jet were killed when it crashed into an apartment building in Akron in the US state of Ohio, the owner and operator of the plane said.
Gullible bank customers are getting fooled by callers who scare or lure them.