Sun Pharma’s senior executive Abhay Arvind Gandhi, wife pay settlement charges in insider trading case

Sun Pharma group’s senior executive Abhay Arvind Gandhi and his wife Kiran have settled with Sebi a case related to insider trading in shares of Ranbaxy Laboratories in 2014. Both have paid settlement... Read more »

Essel Group commits to repay all debtors in full

The Essel group on Thursday affirmed its commitment to repay each debtor, a day after two leading mutual funds delayed repayment commitments to investors on their exposure to the Subhash Chandra-led group.... Read more »

Recovery in US business to increase pharma companies’ Q4 earnings

Companies in the pharmaceutical sector are expected to post steady earnings growth in the January-March quarter of the last financial year (2018-19) on the back of a pick up in US business... Read more »

Bharti Airtel, Vodafone Idea and Reliance Jio pay dues, RCom misses to clear spectrum payment dues

Telecom operators Vodafone Idea, Bharti Airtel and Reliance Jio have cleared the Rs 10,000 crore to the government in spectrum dues slated for April 10, but Anil Ambani-led Reliance Communications missed its... Read more »

First phase of Lok Sabha elections kickstarts on 11th April, facts about the Indian elections

Today, 11th April will see more than 900 million Indians voters in the elections to the 17th Lok Sabha that start in parts of the country from today. About 10 per cent of these... Read more »

Investors in frenzy as Kotak MF defers returns on fixed maturity plan

The past few days has made mutual fund investors go berserk. Kotak Mahindra Mutual Fund has withheld returns on its fixed maturity plan (FMP) that matured on Wednesday. The asset management company... Read more »

Ericsson may have to return Rs 576 crore to RCom if insolvency suit is restored: NCLAT

The National Company Law Appellate Tribunal (NCLAT) reiterated Monday that Ericsson India Private Ltd would have to refund the Rs 576 crore including interest payment it got as dues from Reliance Communications... Read more »
Petrol and Diesel prices rise for the fourth day in succession

Gail India may be the new buyer for energy assets of IL&FS, says report

State-owned Gail India is one of the few firms waiting eagerly to buy the energy assets of crisis-ridden Infrastructure Leasing and Financial Services (IL&FS), The Economic Times reported. The assets could be worth around... Read more »

Vodafone India opens its Rs 25,000-cr rights issue on April 10

Vodafone Idea’s ₹25,000-crore rights issue, the largest in the country, will open for existing subscribers on Wednesday, even as the telecom service provider is readying to monetise its tower and fibre assets. As... Read more »

EC asked to probe black money information: Revenue Secretary

In the midst of the ongoing raids on Madhya Pradesh Chief Minister Kamal Nath’s aides and kin days ahead of general elections, Revenue Secretary AB Pandey has asked the Election Commission to ‘confidentially pass on information’ about the... Read more »