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On observing certain irregularities and fraudulent activities, Sebi passed an interim order against the company and its promoters in December 2011 and passed a final order in December 2013.

Sebi revokes ban on 114 entities under scanner for tax evasion

Sebi, earlier this month, had revoked ban on a total of 307 entities in the First Financial case.

20 Sept 2017 2:56 PM IST

The Supreme Court directed Unitech to provide Rs 80,000 as compensation to each of the 39 flat buyers of its Vistas project in Gurgaon. (Representational image)

SC asks Unitech to pay Rs 80,000 compensation to 39 homebuyers

The order was passed by a bench consisting of chief justice Dipak Misra, Justice AM Khanwilkar and Justice DY...

20 Sept 2017 2:41 PM IST

Flipkart on Tuesday said it has completed the merger with eBay Indias operations.

5 takeaways from Flipkart's Big Billion Days sale

From home electronics to branded apparel, the sale offers the best deals on a vast variety of products!

20 Sept 2017 1:52 PM IST

ONGC on Thursday reported a 8.2 per cent drop in its June quarter net profit after sharp reduction in natural gas rates.

ONGC discovers 'good' offshore oil, gas zone: sources

ONGC tested nine zones in the well, the two sources with knowledge of the matter told Reuters.

20 Sept 2017 1:10 PM IST

Vodafone reported a loss of 2.34 billion euro in the same period a year ago.

Vodafone calls IUC rate cut 'retrogade'; Airtel claims it will benefit...

Interconnection Usage Charges or IUC, will be brought down to six paise per minute from October 1, 2017, TRAI has said.

20 Sept 2017 12:50 PM IST

SBIs announcement to offload up to 5 per cent stake in SBI Life to a non-promoter group might be construed as a test to see the market response.

SBI Life's Rs 8,400 crore-IPO starts today; raises Rs 2,226 crore from...

SBI Life is a joint venture between India's largest lender SBI and BNP Paribas Cardif (BNPPC).

20 Sept 2017 12:27 PM IST

Tata Steel is countrys major steel producer.

Thyssenkrupp, Tata Steel agree European steel merger

The new company, to be named Thyssenkrupp Tata Steel, would be headquartered in or near Amsterdam.

20 Sept 2017 11:49 AM IST

Finance Minister Arun Jaitley (Photo: PTI)

Finance Minister Arun Jaitley meets officials to address economic...

This meeting took place after the one with Prime Minister Narendra Modi got cancelled earlier in the day.

20 Sept 2017 11:29 AM IST

Use of the countrys lese-majeste law has surged under the royalist junta that took power in a 2014 coup detat, with more than 100 people charged since the coup, according to legal monitoring group iLaw. (Photo: Representational/File)

Govt makes public names of 55,000 debarred directors of shell...

More than two lakh such companies have already been struck off the register of the companies with various ROCs.

20 Sept 2017 10:49 AM IST

NSE Nifty reclaimed the 9,900-level and BSE Sensex climbed over 167 points in early trade on Thursday. Photo: PTI

Sensex rebounds 93 points on the back of RIL, ITC stocks

Sectoral indices led by capital goods, power, consumer durables, realty, metal, healthcare and oil & gas were trading in...

20 Sept 2017 10:35 AM IST

The comment comes in the backdrop of the regulators ongoing tussle with Apple that is reportedly not allowing convergence of the Trais Do-Not-Disturb app on its iOS platform.

Big win for Reliance Jio as TRAI slashes call termination charges

Telecom Regulatory Authority of India (Trai) said that the termination charge will be completely eliminated from January...

20 Sept 2017 4:12 AM IST

According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.

GST hits small businesses hard

FMCG companies have already started putting higher impetus on direct distribution with higher van operations.

20 Sept 2017 3:58 AM IST