Business
Network 18's e-commerce site HomeShop18 raises $30 mn
The e-retailing firm said its promoter Network 18 and Hong Kong-based hedge fund OCP Asia will invest USD 15 million each - totalling about Rs 164 crore - in the company.
KFA seeks approval from DGCA to relaunch operations
Sources in the Directorate General of Civil Aviation said they would examine the plan thoroughly before taking a call.
Chidambaram meets bankers, corporate honchos
Many analysts are blaming stalled projects and declining investments as among the major factors hurting growth.
India needs open foreign investment rules: Lord Swraj Paul
He also said India's economic growth prospects remain intact and the country needs to channelise the energy of its highly competent workforce.
Sugar producers surge as government removes curbs
India will no longer force mills to sell sugar to the government at a discount and will not limit the amount they can sell in the open market.
Sensex falls for third day on foreign selling concerns
Brokers said continued selling by funds and retail investors amid mixed trend in Asian bourses, mainly influenced the trading sentiment.
Ambani brothers sign Rs 1200 crore deal for telecom biz
Mukesh Ambani-led Reliance Industries' telecom arm will hire optical fibre network of Anil's Reliance Communications for 4G services.
'SC ruling discourages innovative drug discovery'
Novartis said its main concern was with "India's growing non-recognition of intellectual property rights".
Govt approves AirAsia's JV with Tata Group
Malaysia's AirAsia plans to launch a regional airline in India with an initial investment of Rs 800 million.
India not my top priority for investment: Lakshmi Mittal
ArcelorMittal, the steel giant belonging to LN Mittal, had inked an MoU with Orissa government to set up a 12 mtpa steel plant, but it has been facing delay.
Rupee up 10 paise against dollar in early trade
Initially some foreign banks were on dollar offer side, but the pair is seeing interest from both sides, says a private bank dealer.
Kingfisher employees demand Mallya's prosecution; to disrupt IPL
Kingfisher Airlines owes a loan of over Rs 7,000 crore to the consortium of 17 banks, led by the SBI.
2G case: Court summons Bharti head Sunil Mittal, ex-Telecom Secretary
The court has accepted the CBI's chargesheet against the ex-Telecom Secretary, the Bharti head and the ex-head of Vodafone Group Plc's Indian.
CBI probing irregularities in SAIL's CSR program
Expenditure on CSR activities by steel PSUs, SAIL and RINL, has declined by over 50 per cent in last three years.
There is a case for rating upgrade, says Finance Ministry
The Finance Ministry said that agencies like Standard & Poor's and Fitch would be conveyed this view when they visit India in April.
RBI likely to cut key policy rates by 0.25 pc: Experts
Even if RBI cuts rates on Tuesday, the tone of monetary policy guidance is unlikely to change significantly.
