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Latest News:

An employees walks past a signage board in the Infosys campus at the Electronics City IT district in Bangalore, February 28, 2012.

Lawsuit filed against Infosys in US by former immigration head

Bengaluru: A former head of immigration at IT major Infosys in the US has filed a lawsuit against the company, accusing it of "discrimination" against non-South Asian employees, and demanded a trial by jury.

The lawsuit filed by Erin Green, before a ... Read More


Donald Trump’s net worth slips to $2.9 bn

Donald Trump’s office properties aren’t bringing in as much cash as banks that loaned him money had expected. That’s the biggest finding in an updated assessment of the president’s net worth, which has slipped to $2... Read More
Hinduja Ventures, Financial Results

Hinduja Leyland Finance scraps IPO plans

Mumbai: Non-banking finance company Hinduja Leyland Finance Ltd has decided to scrap its initial public offering plans and has withdrawn its Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of India, parent firm Ashok ... Read More

Sensex, Top companies, Valuation, Capital

Sensex surges to all-time high of 31,471.55; Nifty climbs to 9,682.55

Mumbai: The benchmark BSE index Sensex surged to an all-time high of 31,471.55 and the NSE index Nifty jumped to 9,682.75 on the back of a slew of reforms announced by markets regulator SEBI to make markets more attractive for investments.

Among a ho... Read More

Urjit Patel

RBI governor cited ‘high uncertainty’ on inflation for June 7 policy review

Mumbai: Reserve Bank of India Governor Urjit Patel cited "high uncertainty" on inflation while holding the key interest rate for a fourth successive policy review, according to minutes of the June 7 meeting of Monetary Policy Committee released on We... Read More

Reliance Communications

Reliance communications starts process to monetise realty assets

New Delhi: Billionaire Anil Ambani-led Reliance Communications on Wednesday said it has started the process to monetise its real estate assets in Delhi and Mumbai as part of its efforts to pare debt... Read More

Shivinder, fortis

HC allows Fortis Health promoters to dilute stake in company

New Delhi: The Delhi High Court today allowed former Ranbaxy Laboratories Ltd promoters to dilute their stake in Fortis Healthcare Ltd, provided the remaining value of their shares is enough to pay the arbitration amount to Japanese pharmaceutical fi... Read More

SEBI, Securities and Exchange Board of India, Tata Finance matter

SEBI exempts PEs, some more investment funds from IPO lock-in

Mumbai: The Securities and Exchange Board of India today exempted category-II alternative investment funds, which include private equities and real estate funds, from mandatory one-year lock-in of pre-listing shareholdings.

Now, such investors would ... Read More


SBI, top insurance companies pick up stake sold by SUUTI in L&T

Mumbai: State Bank of India, Life Insurance Corp of India, New India Assurance Co, and General Insurance Corp were the institutions that lapped up shares of Larsen & Toubro Ltd sold by the government through block deals on Wednesday.

State-owned Spec... Read More


Sebi takes measures to deal with stressed companies

New Delhi: In a move which is in sync with the Reserve Bank’s announcements to deal with stressed assets, the Securities and Exchange Board of India (Sebi) board has approved various proposals to deal with restructuring in stressed companies.

It ha... Read More