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SC rules states can tax mines, royalty on minerals not tax

The legislative power to tax mineral rights vests with the states and the royalty paid on minerals is not a tax, the Supreme Court ruled on Thursday in a landmark judgement which will give a huge......

V Narayanan takes charge as ISRO chairman

V Narayanan has assumed charge as the chairman of ISRO, replacing S Somanath, the space agency said. Photograph: V Narayanan (left) succeeds S Somanath as ISRO chairman. Photograph: Courtesy,......

Electoral bonds: Who is lottery king Santiago Martin?

Future Gaming and Hotel Services whose director is the lottery magnate Santiago Martin is the top purchaser of electoral bonds having purchased bonds worth Rs 1,368 crores, according to data......

UltraTech Cement to acquire 23% in India Cements

The country's leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd, in a deal estimated to be around Rs 1,885 crore.......

Sensex slips below 82K amid widespread sell-off

Market sentiment is likely to remain cautious as investors position themselves for the upcoming Union Budget and the US Fed's interest rate decision, where expectations are muted. Photograph:......

8 key infra sectors record 4-month high growth at 3.7% in December

India's eight key infrastructure sectors registered a four-month high growth rate of 3.7 per cent in December last year, driven by a jump in the output of fertiliser and cement, according to......

Investors cheer merger of Ambuja, ACC, Orient

Investors have put money in Ambuja Cements shares as the cement major has moved to consolidate its operations. Photograph: Amit Dave/Reuters The Adani Group company has proposed to merge its......

Core infra sectors grow by 1.8% in November

India's eight key infrastructure sectors grew at a slower pace of 1.8 per cent in November against 5.8 per cent in the same month last year, amid a dip in production of crude oil, natural gas,......

'Fantastic captain. You have done a miracle'

IMAGE: CSK officials offered prayers with the IPL trophy at the famous Lord Shri Venkateswara Temple in Chennai on Tuesday. Photograph: PTI The thrilling last-ball win by Chennai Super Kings in......

Torrent Group acquires 67% stake in Gujarat Titans

IMAGE: The acquisition marks Torrent Group's foray into India's rapidly growing sports sector. Photograph: Kind Courtesy Gujarat Titans/X Ahmedabad-based Torrent Group has completed the......

No CSK without Dhoni, no Dhoni without CSK: N Srinivasan

IMAGE: Asked about retaining Mahendra Singh Dhoni and other CSK players in the next IPL auction, N Srinivasan said retention policy is yet to be announced. Photograph: PTI/File There is no Chennai......

Should Srinivasan attend the BCCI's Working Committee Meet? Your say

The Board of Control for Cricket in India's panel to probe spot-fixing and betting charges in the Indian Premier League was declared "illegal" as it was set up in violation of its own rules, said......

Ganguly hints Manchester United may take over East Bengal FC

IMAGE: Struggling with off-the-field issues, the century-old East Bengal football club have struggled to keep their ties with the investors intact in recent times which have reflected in their......