Tata Sons, the holding company of the $103.27 billion Tata Group, on Wednesday said it has appointed Farida Khambata, former member of IFC management group, and Ronen Sen, former ambassador of India to the United States, as non-executive independent directors.
After two consecutive hikes, petrol prices were cut by 49 paise per litre and diesel by Rs 1.21 a litre on Wednesday on softening international oil rates.
Commencing the new fiscal 2015-16 on a positive note, the benchmark BSE Sensex gained over 35 points in early trade on Wednesday on selective buying by funds and retail investors despite weak economic data.
April’s here, and you can look forward to paying lower instalments on your loans. But first, brace yourself for lower interest rates on fresh deposits that you are planning to make.
India’s largest private sector company Reliance Industries Ltd (RIL) and Myanma Oil & Gas Enterprise (MOGE), a state-owned enterprise of Myanmar, on Tuesday signed production-sharing contracts for two offshore blocks.
IBM announced on Tuesday plans to invest $3 billion over four years on an Internet of Things (IoT) unit that will allow customers to collect and compute data from smartphones and sensor-equipped devices such as cars.
Vistara plans to expand its fleet size and start flying overseas within two years, the airline’s CEO said on Tuesday, ahead of an expected change in aviation rules that could allow new carriers to operate abroad.
The Income Tax department on Tuesday took to the strategy of 'naming and shaming' of some large tax defaulters as it published names of 18 entities who owe over Rs 500 crore tax to the exchequer.
State Bank of India (SBI) on Tuesday said it plans to divest up to 10% stake in its life insurance arm SBI Life.
There could not be a better time to be an investor or an entrepreneur in India. But the absence of women in technolgy startups and investing is galling.
The benchmark Sensex on Tuesday inched lower by about 18 points to close at 27,957.49, wrapping up 2014-15 with hefty 25% gain -- its best performance in six fiscal years -- buoyed by foreign investments after the Narendra Modi-led government took charge.
The rupee ended the fiscal on a positive note by rising 18 paise to 62.49 against the American currency on Tuesday on selling of dollars by banks and exporters on expectation of resumption of foreign capital inflows into equity market.
The government proposed on Tuesday to invest 1% of its Employees’ Provident Fund (EPF) corpus into equity and related schemes and hike it gradually to 5%, a key reform measure expected to boost buoyant Indian markets.
Many companies have opted to induct family members, including wives and daughters, as directors in a last-minute dash to meet a regulatory deadline that require stock market listed firms to appoint at least one woman director on their boards.
Looking to expand its presence in India, Chinese ecommerce giant Alibaba's chairman Jack Ma on Monday met Prime Minister Narendra Modi, as he came on a visit to India for the second time in just about four months.