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Salaries of MF executives rise modestly for FY2017

Except for Reliance MF CEO Sundeep Sikka, HDFC MF CEO Milind Barve and ICICI MF MD Nimesh Shah got reasonable hike in salary for FY2017.

May 2, 2017

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Reliance Industries trading with gains ahead of Q4 results; Sensex up 260 points

Controlled by Mukesh Ambani, Reliance Industries will be keenly tracked for its gross refining margins and Reliance Jio data.

Apr 24, 2017

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Sebi bans Reliance Industries from equity derivatives market for a year

Mukesh Ambani-owned Reliance Industries has also been directed to pay nearly Rs 1,000 crore for alleged fraudulent trading in a 10-year-old case.

Mar 25, 2017

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Bihar announces Rs 500 crore for start-ups

The announcement was made by Bihar CM Nitish Kumar at the release of the Bihar Startup Policy 2017 during the 4th Bihar Entrepreneurship Summit (BES).

Mar 23, 2017

SC extends Subrata Roy's parole, asks Sahara Group to deposit Rs 5,092 crore by April 7 for his bail

The SC also asked the Ghaziabad Development Authority to compensate the Sahara Group with Rs. 1,112 crore for acquiring 91 acres of the latter's land.

Feb 28, 2017

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TCS approves buyback of shares at Rs 2,850 per share; pressure now on Infosys

At its board meeting, TCS decided to buyback 5.61 crore shares (or about 2.8 percent of its paid up capital) at Rs 2,850 per share.

Feb 20, 2017

Infosys: Sensational board meeting proceedings involving ex-CFO Rajiv Bansal over Panaya acquisition

The acquisition price was far higher than the valuation for Panaya, prompting then CFO Rajiv Bansal to walk out of Infosys board meeting.

Feb 20, 2017

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Former CJI Altamas Kabir passes away at 68 after prolonged illness

Kabir, who was born in a Bengali Muslim family, served as the 39th Chief Justice of India.

Feb 19, 2017

India to merge commodity boards to boost output, exports

The Sebi has also approved a draft amendment to allow commodity derivative exchanges to deal in options.

Feb 12, 2017

Vijay Mallya extradition begins? India hands request to UK High Commission in Delhi

On Wednesday, the board of United Breweries asked Mallya to step down from the position of non-executive chairman.

Feb 9, 2017

Air India IPO: Government asks lending banks to become strategic investors by turning debt into equity

Air India owes Rs 28,000 crore of working capital debt to a consortium of 19 banks led by State Bank of India.

Feb 8, 2017

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Genesis Colors IPO: Owner of luxury brands Satya Paul, Bwitch gets Sebi approval for public issue

Apart from owning Satya Paul and Bwitch, IPO-bound Genesis colors also sells global brands Jimmy Choo, Armani, Paul Smith and Bottega Veneta.

Feb 8, 2017

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PVR Q3 results and earnings call: Movie goers spent less on tickets, food due to demonetisation

Brokerage Nirmal Bang analyses the third quarter (Q3) results of multiplex owner PVR and gives its rating.

Feb 7, 2017

Sahara case: SC orders attachment of Aamby Valley

The apex court ordered Sahara to furnish a list of properties that were free from litigation and mortgage so that they can be attached for public auction.

Feb 6, 2017

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Vikram Limaye will be new MD & CEO of National Stock Exchange

A CA by profession, Vikram Limaye is currently MD & CEO of IDFC; his appointment at NSE will need clearance from Sebi.

Feb 4, 2017

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