Big accountancy Deloitte was fined $10 million by New York state on Tuesday for its actions in advising Standard Chartered Bank over money laundering.
US-based drug maker AbbVie Inc, the spun-off entity of Abbott, has dragged Dr Reddy's Lab to court for allegedly infringing the former's patented drug Zemplar on six counts concerning three patents.
Speculation is rife that the reign of SD Shibulal as chief executive officer and managing director of Infosys may draw to a close this year, much before his term ends in 2015.
Vivek Sinha reports.
Country's largest software servicesfirm Tata Consultancy Services on Tuesday said it has joined US2020 as a founding leadership partner.
JP Morgan downgrades Maruti Suzuki India Ltd to "underweight" from "neutral" and cut its target price to 1,510 rupees from 1,750 rupees, citing muted passenger car demand in India and increasing competition in higher value segments.
Foreign banks are fuelling India’s recent burst of overseas takeover bids, offering cheap US dollar loans to Indian corporates expanding beyond their home states.
A day after Ratan Tata was named the chief adviser to the board of AirAsia India, S Ramadorai was named as the chairman of the proposed passenger airline that would be based out of Chennai.
Consumer durables major LG Electronics India today said it will hike prices of its entire range of home appliances by up to five% due to weakening rupee with effect from tomorrow.
The Tata Group has suffered an erosion of over R25,000 crore in its market valuation within a week, as shares of its companies lost ground amid a sharp sell off.
Ratan Tata will be the chief advisor to the board of AirAsia India, the joint venture between the Tata Group, Malaysian low-cost carrier AirAsia and Arun Bhatia, a close relative of steel magnate Lakshmi Mittal. HT reports.
The surprise departure of Royal Bank of Scotland boss Stephen Hester, reportedly at the request of the British government, has sparked questions about the strategy for the state-rescued lender, according to analysts.
Infosys' co-founder NR Narayana Murthy will provide strategic direction to the global software major on return as executive chairman, outgoing chairman KV Kamath said today.
Co-founders and the board of the country's second-largest global software major Infosys Ltd are bracing for a stormy 32nd annual general meeting (AGM) - over a "son rise" - in this tech hub on Saturday.
An Apple executive at the center of an antitrust lawsuit by the US government said on Thursday the company “didn’t care” what price publishers set for e-books.
The Securities Appellate Tribunal (SAT) on Friday adjourned the hearing on Reliance Industries Ltd (RIL) plea against SEBI in the insider trading case for the fourth time