McDowell has acquired 85 per cent of Triumph Distilleries and Vintners Pvt Ltd at around Rs 600 million from a clutch of investors.
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.
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
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.
The deal would involve Pfizer paying with 11.3 of its shares for each Allergan share.
On August 29, CBI had filed the charge sheet in the case against Dayanidhi, Kalanithi and six others, including four firms.
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.
In the broader market, the BSE Midcap index bucked the trend to gain 0.3%
A preliminary deal for sale of 49 per cent in Essar Oil to Rosneft was signed between the companies in July 2015.
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.
The firm would require it to more than triple its CAGR of revenue to 18.5% for the next decade from 6%
New Delhi is also set to top its target of raising at least $13 billion.
Increased price control over branded generic medicines has affected its profitability
Move could be aimed at integrating operations with Indian subsidiary.
Cairn said it had initiated arbitration.
It is keen on electric cars as battery costs go down
Traders have all but given up attempting to predict where the new-year rout will end
Suitors came with all-cash offers but were rebuffed
The output was behind target in 2015-16 as well and the government is yet to issue a cost disallowance notice for that
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
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.
Analysts remain confident RIL's refining and petrochemical segment will continue to support growth.
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
In 2013-14, India became the third-largest contributor to Vodafone Group's service revenue and operating free cash flow.
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.
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 CBI had summoned Karti to appear before it on October 4.
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.
Board of Control for Cricket in India's Chief Executive Officer Rahul Johri says the revenue generation from the upcoming Indian Premier League's media rights auction could be "historic".
US-based technology major IBM is contesting a claim of the revenue department which has increased the company's taxable income substantially to around Rs 11,000 crore (Rs 110 billion).
2nd time within a few days RIL has hit the forex debt market.
Private lenders were among the top losers along with RIL.
There is a dearth of talent in the Indian banking industry. A testimony to this is the two new CEOs in the private sector -- Sandeep Bakhshi in ICICI Bank Ltd and Amitabh Chaudhry in AXIS Bank Ltd -- have come from the insurance sector, says Tamal Bandyopadhyay.
The investment was committed to by Vittorio Colao, CEO of Vodafone Group Plc.
Cairn, which is sitting on a cash pile of about $3 billion, in a statement said its board has approved buying 17.09 crore shares or 8.9 per cent of the total shareholding, from open market at no more than Rs 335 apiece.
It is the second firm to have received retrospective tax notice this year after Vodafone Group.
The bank (Williams & Glyn's), which was dormant for about 30 years, is being revived by UK-based lender the Royal Bank of Scotland Group Plc.
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