Apr 09, 2015 11:23 AM IST
Sahara began as a scheme for small depositors, but it grew over decades with investment plans that critics say were designed to avoid regulatory scrutiny. At its height, it was one of India's biggest business empires, stretching from Formula One motor racing to New York's Plaza Hotel.
- Apr 07, 2015 08:41 AM IST
The Reserve Bank of India (RBI) said it has been receiving representations from banks that new promoters or developers of a stalled project may require time to revive or complete the stalled projects.
- Apr 02, 2015 01:59 PM IST
Despite repeated attempts, specific details could not be ascertained. Generally, Call Option provides an investor the right to buy securities at a pre-determined price within a specific time.
- Mar 24, 2015 06:17 PM IST
The two firms have received nod from the Competition Commission for sale of seven brands to Emcure Pharma to comply with the fair trade watchdog's conditional nod for their merger.
- Mar 19, 2015 03:28 PM IST
The move follows Yahoo's announcement in January that it will spin off its stake in Chinese e-commerce giant Alibaba, which last year listed on the New York Stock Exchange in a record offer.
- Sep 08, 2014 05:50 PM IST
In line with trends seen in the broader economy, the Indian auto sector appears to be turning up, with domestic passenger vehicle sales turning up to 2.09 lakh units in August, compared to 1.94 lakh in the previous month and 1.8 lakh in August last year.
- Oct 15, 2013 03:55 PM IST
Speaking to CNBC-TV18 on the Q1 earnings, R Ramanan, managing director and chief executive officer, CMC says the company‘s revenues tend to be lumpy due to system integration projects.