Business

April 4, 2014 9:22 AM

SEBI revamps committee on disclosure and accounting standards

SEBI has revamped its committee on disclosures and accounting standards that advises the market regulator on matters related to disclosure requirements and accounting practices for various market participants. The 17-member expert panel is being chaired by Tata Sons' Director-Finance Ishaat...

April 4, 2014 9:19 AM

R. Gandhi appointed as Deputy Governor of RBI

The government has appointed R Gandhi as deputy governor of the Reserve Bank of India for a period of three years from yesterday. He was Executive Director of the Reserve Bank before being elevated to the post of Deputy Governor. Mr Gandhi has come in place of Anand Sinha who retired on January 20, ...

April 3, 2014 8:27 PM

Assocham: Maharashtra replaces Gujarat as top investment destination

Maharashtra has emerged as the number one investment destination in the country replacing Gujarat.An analysis by the industry group Assocham shows that Maharashtra attracted cumulative investment proposals of 14 lakh 73 thousand 466 crore rupees as on December 2013, while Gujarat drew proposals wort...

April 3, 2014 4:27 PM

Assocham: Maharashtra tops Gujarat as investment destination

Maharashtra has emerged as the number one investment destination in the country replacing Gujarat.An analysis by the industry group Assocham shows that Maharashtra attracted cumulative investment proposals of 14 lakh 73 thousand 466 crore rupees as on December 2013, while Gujarat drew proposals wort...

April 3, 2014 2:10 PM

Can't pay up Rs 10000cr to bail out Chief: Sahara Group to SC

Sahara Group has expressed its inability before Supreme Court to immediately deposit Rs 10,000 crore for securing bail of its chief Subrata Roy and its two directors.In a fresh proposal submitted to the apex court the company said that it can deposit 2,500 Crore rupees immediately to SEBI. Another s...

April 3, 2014 12:33 PM

KG Basin dispute: SC withdraws arbitrator's name

The Supreme Court has withdrawn its decision to name a former Australian judge James Spigelman as third arbitrator for resolution of disputes between Reliance Industries and the Centre over KG basin gas exploration.Justice SS Nijjar agreed to withdraw the former Australian Judge's name afte...

April 3, 2014 12:33 PM

Can't pay up Rs 10000cr immediately to bail out Chief: Sahara Group to SC

Sahara Group has expressed its inability before Supreme Court to immediately deposit Rs 10,000 crore for securing bail of its chief Subrata Roy and its two directors. In a fresh proposal submitted to the apex court the company said that it can deposit 2,500 Crore rupees immediately to SEBI. Another ...

April 3, 2014 10:16 AM

Centre vs Reliance KG Basin dispute: SC withdraws arbitrator's name

The Supreme Court has withdrawn its decision to name a former Australian judge James Spigelman as third arbitrator for resolution of disputes between Reliance Industries and the Centre over KG basin gas exploration.Justice SS Nijjar agreed to withdraw the former Australian Judge's name afte...

April 3, 2014 10:14 AM

Leading nations must take bold policy steps: Lagarde

The International Monetary Fund has warned that leading nations need to embrace bold policy steps to accelerate a still-modest and fragile global economic recovery. IMF Managing Director Christine Lagarde said that as the world still struggles to emerge from the 2008 financial crisis, economies are ...

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