Sahara has ploughed at least Rs 1,500 crore from two of its credit cooperatives into the Aamby Valley resort project
The drive against insider trading comes after SEBI last year received enhanced investigation powers from parliament, including the ability to monitor call records.
There is a huge opportunity for foreign investment in India as the government focuses on rapid infrastructure development in the country, Finance Minister P Chidambaram said.
India's macro finances are getting into good shape.
Brokerage CLSA has raised its "already substantial overweight in India", its chief strategist Christopher Wood wrote on Aug. 7.
Leading stockbroker Hiten Dalal and three others were on Friday convicted by a special court in Mumbai and sentenced to seven years of rigorous imprisonment for bungling in the Canbank mutual funds.\n\n\n\n
"We are concerned about the data localisation law and the new e-commerce regulations...they do not fully take into account the needs of all stakeholders, including American and other foreign companies," acting principal deputy assistant secretary of the US, Thomas Vajda said.
The RBI recently met with a handful of foreign banks and asked them to stop acting as market-makers for rupee NDFs, according to three bankers involved in the discussions.
We present our alphabet of 2020, pulling in everything you'll remember about this year we'd rather forget.
Citigroup's private equity arm Citigroup Venture Capital International, Baring Private Equity, TPG and 3i are the front-runners to acquire an equity stake in Sharekhan, the retail brokerage arm of the Mumbai-based SSKI group.
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.
A glance back at some of the important ups and down Indian Inc faced in 2018.
Rail ministry pinning hopes on foreign partner and private capital
While Arun Jaitley remains part of the decision making process, Piyush Goyal, who was given additional charge on May 14, attends cabinet meetings and takes the day-to-day decisions.
The 63-year-old former Kingfisher Airlines boss, an avid cricket fan, is wanted in India on fraud and money laundering charges amounting to an alleged Rs 9,000 crores.
Ajay Piramal bets highly on infrastructure, realty
Aggressive acquisitions & deep pockets fuel real estate competition; experts suggest future partnership
Experts consider Sebi's takeover code in its present form to be on a par with any foreign code governing public mergers and acquisitions.
"They both were produced in the court and were granted bail on a surety of Rs 50,000 each," special public prosecutor Pradeep Gharat said.
Invests $1.1 billion in 6 months, against $3.7 billion in 20 years
'If the future of the nation is lying on the streets, the future of India looks bleak.'
The rupee had weakened by 23 paise to end at 63.51 against the American currency on Wednesday on month-end dollar demand from oil companies and persisting selling by foreign funds in stocks.
Was Adani able to clinch this loan merely as a result of his proximity to Prime Minister Narendra Modi?
If you are have an account with State Bank of India, HDFC Bank or Axis Bank you will have to pay higher charges for using ATM more than five times a month.
In the currency markets, the rupee lost another 10 paise to close at 1-week low of 63.54 against the US dollar
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
It is time to shrug off the ideological shackles about the way we work, play and live, says Ajit Balakrishnan.
An extradition expert in the UK said the strict social distancing norms in place to try and curb the spread of COVID-19 may add a further dimension to the UK's Article 3 obligations under the European Convention on Human Rights, relating to inhuman and degrading treatment or punishment.
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
The Reserve Bank has taken some steps to shore up the domestic currency.
Seven years ago, Ravishankar Venkateswaran heard a story during a bus ride.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
Their next plan is to launch a campaign to ensure only women priests change the clothes of goddess idols.
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
Hemant Kanoria tells Niraj Bhatt why understanding the dynamics of the borrower's business is critical for the lender.
'The approach towards Mallya is not right because his unit could have been turned around earlier with additional funds from his side and the bank's side.'
Infrastructure and inflation targeting are expected to be top priorities for the new Reserve Bank of India governor, says A V Rajwade.
