Business

April 20, 2014 12:23 PM

Foreign investors pour in Rs 6,783 crore this month

Foreign investors have pumped in 6,783 crore rupees in the domestic stock market so far this month on hopes a reform-oriented government will be formed after the general elections. Total investment by Foreign Institutional Investors, FIIs in equities since January 2014 has risen to about 28,979 cror...

April 19, 2014 12:42 PM

Ukraine crisis hits Russian economy

Russia's economy slowed sharply in the first three months of the year. It is due to uncertainty over the crisis in Ukraine that spooked investors into pulling money out of the country.In the first official estimate of the Ukrainian turmoil's impact on growth, Economy Minister Alexe...

April 19, 2014 12:22 PM

Russian economy hit by Ukraine crisis

Russia's economy slowed sharply in the first three months of the year. It is due to uncertainty over the crisis in Ukraine that spooked investors into pulling money out of the country.In the first official estimate of the Ukrainian turmoil's impact on growth, Economy Minister Alexe...

April 18, 2014 11:12 AM

AAP urges EC to stop govt from inking contract with Essar; cites poll code

Aam Aadmi Party has urged the Eelction Commission to prevent government from signing a contract with Essar Group. In a letter to the Commission, the party said, if the decision is taken, it will violate the model code of conduct as Lok Sabha elections are in progress. It had alleged that Petroleum a...

April 18, 2014 9:13 AM

SEBI issues detailed corporate governance norms

The Security and Exchange Borad of India (SEBI) on Thursday came out with detailed corporate governance norms for listed companies providing for stricter disclosures and protection of investor rights, including equitable treatment for minority and foreign shareholders.The new rules, which would be e...

April 17, 2014 2:15 PM

AAP urges EC to stop govt from inking contract with Essar; cites poll code

Aam Aadmi Party has urged the Eelction Commission to prevent government from signing a contract with Essar Group.In a letter to the Commission, the party today said, if the decision is taken, it will violate the model code of conduct as election is in progress.Yesterday, it had alleged that Petroleu...

April 17, 2014 9:06 AM

Saradha Chit Fund scam: ED arrests wife, son of key accused Sudipta Sen

The Enforcement Directorate has arrested the wife and son of the alleged kingpin of the multi-crore Saradha chit fund scam Sudipta Sen. Wife Piyali Sen and son Shubhojit were arrested by the ED last night after they were questioned with regard to the alleged dubious transactions that led to the Ponz...

April 17, 2014 9:01 AM

HC notice to Maha govt on land allotment to Pawar educational trust

Bombay High Court has questioned the Maharashtra Government's decision to allot a land reserved for cattle-grazing in a village near Baramati in Pune district to an educational trust headed by the NCP chief and Union Minister Sharad Pawar. In response to a public interest litigation, the di...

April 17, 2014 8:59 AM

Let hail-hit farmers open bank A/cs with Aadhar to get aid: HC to Maha govt

The Bombay High Court suggested that the Maharashtra government should consider permitting farmers affected by unseasonal hailstorms in several districts to open bank accounts on the basis of their Aadhar cards alone. A division bench of Chief Justice Mohit Shah and Justice M S Sanklecha made this s...

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