15 Sep 2014
Mumbai: Stating that it is not just food prices that are persistently high but even those of other items which remain elevated, Reserve Bank Governor Raghuram Rajan on Monday said prices across the board have to come down to enable him to reduce key rates. "Inflation is high not only in food, but also in non-food items and the best solution for the country is to bring it down. Then I can cut interest rates," Rajan told bankers at a summit organised by industry body Ficci here.
21 Sep 2014
Mumbai: Regulator Sebi has barred as many as 13 entities from securities market for five years in a matter relating to manipulation of global depository receipts (GDRs) issued by some Indian companies.
17 Sep 2014
New Delhi: To ensure greater transparency and easier regulatory oversight, Sebi plans to make it mandatory for listed companies to publish annual information memorandum on all the details about their businesses and statutory disclosures.
17 Sep 2014
New Delhi: Prime Minister Narendra Modi has appointed former McKinsey India Chairman Adil Zainulbhai as the Chairman of Quality Council of India (QCI). An autonomous body under the Department of Industrial Policy and Promotion, QCI is a joint creation by Indian industry to operate the National Accreditation Structure for conformity assessment bodies and provide accreditation in the field of education, health and quality promotion.
15 Sep 2014
Mumbai: Sebi has settled a case against Count N Denier after the company made a payment of little over Rs 7 lakh as settlement fee in a case related to delay in compliance with the market regulator's disclosure norms.
30 Aug 2014
Kuala Lumpur: Malaysia's budget airline AirAsia has launched a two month-long free user trial of its on board WiFi service designed to provide affordable, low-cost Internet connectivity to passengers.
14 Sep 2014
New Delhi: As SEBI tightens its noose on those violating securities laws and defrauding investors, Chairman U K Sinha has warned that repeat offenders and those indulging in major offences such as insider trading can’t seek settlement of their cases by paying some charges.
29 Aug 2014
New Delhi: State-owned Oil and Natural Gas Corp (ONGC) today said it will invest Rs 5,219 crore in bringing to production Daman gas fields in the Arabian sea by July 2016.
20 Aug 2014
San Francisco: Former Microsoft chief Steven Ballmer on Wednesday said he is stepping down as a member of the software giant's board of directors. Ballmer made his decision public a month after his successor, Satya Nadella, announced unprecedented job cuts at US technology firm as it worked to adapt to a ‘mobile first, cloud first’ world.