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  • SEBI struggles to shield savers from more Saharas Apr 09, 2015 11:23 AM IST

    SEBI struggles to shield savers from more Saharas

    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.

  • RBI eases norms for start of operations of stalled projects Apr 07, 2015 08:41 AM IST

    RBI eases norms for start of operations of stalled projects

    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.

  • GMR Infra to consolidate holdings in GMR Airports Apr 02, 2015 01:59 PM IST

    GMR Infra to consolidate holdings in GMR Airports

    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.

  • Sun-Ranbaxy USD 4 billion merger completed Mar 24, 2015 06:17 PM IST

    Sun-Ranbaxy USD 4 billion merger completed

    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.

  • Yahoo shutting office, cutting jobs in China: Report Mar 19, 2015 03:28 PM IST

    Yahoo shutting office, cutting jobs in China: Report

    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.

  • The comprehensive Aug auto sales report: Who won, who lost Sep 08, 2014 05:50 PM IST

    The comprehensive Aug auto sales report: Who won, who lost

    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.

  • Target 15-17% NIMs; no TCS merger as of now: CMC Oct 15, 2013 03:55 PM IST

    Target 15-17% NIMs; no TCS merger as of now: CMC

    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.

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