British banking company Standard Chartered Plc will pay a $300 million penalty and suspend or exit some important businesses after failing to weed out risky transactions that could be linked to money laundering.
The $16.5 billion Mahindra & Mahindra Group said that the Tamil Nadu Government yet to allocate land for its automotive plant and resting facility, which was supposed to attract investment to the tune of Rs 2,000 crore.
The Oil Ministry is considering ordering Reliance Industries to stop selling KG-D6 crude oil to its Jamnagar refinery and instead sell it to Chennai Petroleum Corp Ltd (CPCL) at lower rates.
The $16.5 billion-worth Mahindra & Mahindra Group's Farm Equipment Sector today launched a new tractor Arjun NOVO.
Marico Kaya Enterprises has locked in upper circuit of 10% at Rs 451 on NSE after its promoters Harsh Mariwala and others have purchased 130,375 equity shares representing 1% of total equity of the company through creeping acquisition route.
Faced with regulatory lapses, the Ministry of Finance has for the first time entrusted additional power on the commodity derivatives market regulator the Forward Markets Commission (FMC).
Two and three-wheeler manufacturer TVS Motor Company today launched upgraded variant of its popular scooterette, the Scooty Zest, expanding its portfolio in the segment.
As much as 45% of the natural rubber plantations in India are in the low-yielding ‘aged’ category, out of which one-fourth (11% of total) are over-aged, says an analysis of Rubber Board data on NR plantations by Automotive Tyre
Amid the rapid growth of mobile internet users in India, a recent study conducted by mobile advertising firm InMobi has shown that at least one in five mobile internet users have already made an in-app purchase, which means buying a product or service
Drugmaker Dr Reddy's Laboratories has come under the scanner of Department of Justice of USA for alleged violations of some provisions of Consumer Product Safety Act involving child resistant packaging regulations.
Former Telecom Minister A Raja, DMK MP Kanimozhi and seven others, chargesheeted by the Enforcement Directorate (ED) in a 2G scam-related money laundering case, were today granted bail by a special CBI court.
The Andhra Pradesh government today proposed an expenditure of Rs 1,11,824 crore in its Budget estimates for 2014-15, without imposing any fresh taxes.
The Telecom Regulatory Authority of India (Trai) will come out with a comprehensive consultation paper on broadband next month, chairman Rahul Khullar said on Wednesday.
Arunachal Pradesh has sought special fund from the Centre to restore communication as road links have been disrupted following rains and floods with the Itanagar-Banderdewa via Karsingsa road, lifeline of the state capital, remaining cut off for the sixth
Software product think-tank Indian Software Products Industry Roundtable or iSpirt, which was set up about 18 months ago as an alternative to IT industry body Nasscom, on Wednesday said it has expanded its 'Founder Circle' to 80. The induction of the new
The government today issued draft rules to give the commodity markets regulator FMC more powers to effectively regulate the intermediaries of the commodity derivatives markets.
The Reserve Bank of India Act must be changed if the central bank wants to appoint a chief operating officer (COO), a senior finance ministry official said on Wednesday.
West Bengal Chief Minister Mamata Banerjee today announced setting up of a nodal office here to promote global investments into West Bengal.
Last week Tata Power received a distribution licence, valid up to August 2039, to supply electricity to Mumbai city, and suburban areas, including Bandra to Dahisar in the west and Chunabhatti to Vikhroli and Mankhurd in the east.
Shares of pharmaceutical companies are on a roll with most of the frontline stocks are trading multi-year highs on the bourses.