The Enforcement Directorate arrested Yes Bank founder Rana Kapoor under money-laundering charges in Mumbai in the early hours of Sunday, officials said. The banker was held under the provision of the Prevention of Money Laundering Act (PMLA) around 3 am as he was allegedly not cooperating in the probe, they said.
In conversation with Shubhashish and Arijit Barman, Rakesh Arora, managing director and head of research, Macquarie Capital Securities (India) Pvt Ltd and among the most authoritative metal analysts in India, says companies should start taking environmental laws more seriously.
"The Manesar plant remains captive in the hands of workers. There is no production possible there. Due to the impact of components from SPIL, production at Gurgaon will be even lower compared to yesterday," a Maruti Suzuki India spokesperson said.
In comparison, Flipkart India, the marketplace unit of the country's largest e-commerce marketplace, posted a 750% growth in losses to Rs 20.6 billion.
Olympians Jitendra Kumar and Diwakar Prasad are among the 19 pugilists who have been short-listed to represent the Mumbai franchisee in the World Series of Boxing.
Chandrasekhar Hariharan, CEO of Bio-diversity Conservation India (Pvt) Ltd, started the company in 1993 with borrowed money, with the sole intention of building eco-sensitive homes.
Don't focus on market or product returns -- focus on your target rate of return, and then choose an investment.
Opening another chapter in aviation industry, G R Gopinath, the pioneer in low-cost carriers, had his Deccan Charters Ltd join hands with Taj Air, the executive charter service of Indian Hotels Company Ltd (IHCL), and Business Jets India Pvt Ltd (BJETS), to launch Powerfly.
The onus today is on China, but it also requires a little diplomatic finesse from India, backed by a modernised armed force, argues BJP MP Subramanian Swamy in this excerpt from his new book, Himalayan Challenge: India, China And The Quest For Peace.
After eight years of joint operations in news television, the relationship between Rupert Murdoch-controlled STAR Group and Ananda Bazar Patrika (ABP) TV has run into rough weather.
The company, which has been selling watches in India through distributors, said it has decided to set up its own subsidiary - Richemont India Pvt Ltd - here as a precursor to opening its exclusive stores.
Looking out for a summer job? Check out these vacancies!
Svati Bhogle, managing director of Sustaintech India Pvt Ltd, is not a typical entrepreneur: she is more a scientist than an entrepreneur.
The company, which has started its operations in the country through a wholly-owned subsidiary, is looking to set up a research and development centre and introduce its high-end motorcycles in India in the next 3-5 years.
The company, which has been selling mining trucks in collaboration with Larsen & Toubro since 2007-08, has formed an Indian arm, Scania Commercial Vehicles India Pvt Ltd.
Volvo Bus Corporation, the Swedish major, has stitched grand plans for its Indian operations. It is looking at developing the country as its fourth global hub - the others are Poland, Mexico and China - for product development, bus manufacturing, sourcing of components, sales and exports.
Justice Rajiv Sahai Endlaw made these observations while hearing submissions on behalf of Instagram handle Herdsceneand - which sought to maintain anonymity in a suit filed against it by artist Subodh Gupta seeking removal of the allegedly defamatory content made against him on social media.
Tata Projects (Hyderabad), Tractebel Engineers and Constructors Pvt Ltd (New Delhi), Germanischer Lloyd Industrial Services (Mumbai) and Bureau Veritas (India), Pvt Ltd (Mumbai) are among the 13 agencies which will perform technical audit of city gas projects.
Nine years after parting ways, Prannoy Roy and Rupert Murdoch are again coming together for a unique airtime sale and marketing alliance.
Uniproducts India Ltd plans amalgamation of HP Pelzer India Pvt Ltd with the company.
Uniproducts India Ltd approved the merger of HP Pelzer India Pvt Ltd with the company.
Uniproducts India Ltd said it obtained approvals from FIPB and RBI for acquiring HP Pelzer India Pvt. Ltd.
DoT said SingTel was selling the full-circuit IPLC links to customers directly and also invoicing the customers in India without having a licence.
Most borrowers may not be aware, but quite a few banks already offer external benchmark linked home loans to favoured borrowers, says Harsh Roongta.
Long-distance runner Lalita Babar was named Sports Person of the Year at the India Sports Awards 2015 in New Delhi on Monday.
The workers of the two-year-old bus plant are demanding confirmation of temporary employees and reinstatement of those who were suspended in April this year, in addition to wage hike.
The dairy company has alleged that Google India and also goDaddy.com were misusing their platforms for earning revenues through advertisements on fake B2B campaigns that duped innocent individuals seeking Amul franchise across India.
News of all that transpired on and off the football field.
Legendary cricketer Kapil Dev's wax figure will be the latest addition at the Madame Tussauds Delhi as he is set to join other sports icons at the museum.
Product of the Year (India) awards ceremony to be held on Saturday, 6th March, 2010 in Mumbai.
According to industry sources, Nissan will roll-out the latest generation Micra from the plant in May for the Indian market.
The Union ministry of environment and forests on Tuesday put out an 'update' on the integrated steel plant and captive port of Posco India Pvt Ltd, with hints at stopping the Orissa government from transferring 1,253 hectares of forest land to the company for non-compliance of conditions laid down in the final approval of land diversion given on December 29, 2009.
The Oragadam facility is being set up by Nissan along with its joint venture partner Renault with an investment of Rs 4,500 crore spread over seven years.
Japanese automaker Suzuki on Wednesday announced an investment of Rs 500 crore (Rs 5 billion) to more than double its production capacity in India, to 5.4 lakh units per annum by 2012.
At $14 a share, MakeMyTrip would be valued at $478 million (Rs 2,236 crore), or five times recent sales.
Passenger vehicle sales continue to drop in June; Maruti, Hyundai, Tata Motors, Toyota witness decline. Mahindra & Mahindra, however, reported a 4 per cent growth.
Bombay Dyeing & Manufacturing Co Ltd said Fitch Rating India Pvt Ltd affirmed F1 + (Ind) rating to its short-term debt program.
The company has filed a registration statement with US market regulator Securities and Exchange Commission for a proposed initial public offering of its ordinary shares, MakeMyTrip Ltd said.
An official spokesperson of Oerlikon Graziano said, "In the domestic market in India, we have good order position, while in Europe and the US, due to the overall recession, things are a little slower. The Graziano management has taken a decision to grow its business in the Indian market."
Honda Motorcycle & Scooter India Pvt Ltd (HMSI) will set up its second plant in Rajasthan at an investment of Rs 1,100 crore (Rs 11 billion) with an installed capacity to produce 12 lakh units per annum.
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