Petrol and Diesel prices rise for the fourth day in succession

Tata Projects aims for up to Rs 16,000 crore of revenue this year

Soaring high in terms of growth in the oil and gas, nuclear and urban infrastructure sectors, Tata Projects, a part of the diversified Tata Group, is eyeing up to Rs 16,000 crore... Read more »

India Inc is seeking dollar borrowings, but foreign investors worried about credit quality

Indian companies waiting to seek dollar-denominated debt as global interest rates soften, but only a few are likely to find it as foreign investors remain undecided about the credit quality of many,... Read more »

Vedanta owned Cairn India’s CEO, CFO quit, Vedanta shares fall 4% intraday

Vedanta-owned Cairn India’s CEO and CFO have resigned in quick succession. As reported by BusinessLine on Monday, Sudhir Mathur, Cairn India’s CEO, had resigned, and Pankaj Kalra, CFO, had quickly followed suit. But... Read more »

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 »