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Infosys has become the latest major corporate to attract regulatory attention for alleged corporate governance lapses

Centre cancels FCRA registration of Infosys Foundation

Infosys Foundation, however, said its de-registration from the FCRA followed a request it proactively made to the...

14 May 2019 2:32 AM IST

Brent crude futures, the global oil benchmark, rose 1.57 per cent to $71.73 per barrel due to simmering tensions in the Middle East.

Rupee sheds 62 paise, falls to 11-week low

The Indian currency had opened at 70.12 a dollar and hit a low of 70.54 during the day as oil prices rose over one per...

14 May 2019 2:26 AM IST

The Ministry of Corporate Affairs (MCA) has forwarded complaints against Religare Enterprises about shareholding norm violations to the financial regulators.

MCA refers Religare case to regulators, mulls action

Having shared the case with the Securities and Exchange Board of India and the Reserve Bank of India.

14 May 2019 2:24 AM IST

Sanjiv Puri appointed ITC Chairman

Puri, who has been Managing Director, will now be Chairman and Managing Director, the company said.

14 May 2019 2:19 AM IST

Experts estimate that promoters loan against shares could be at least Rs 1.2 lakh crore.

Sebi asks MFs to give details of risky loans

Sebi move comes in the back of several mutual fund debt schemes being hit by their exposure to CLO instruments.

14 May 2019 2:15 AM IST

Since its launch in the 1970s, the Volkswagen Passat is still one of the most popular models of the German automakers.

A good blend of luxury and safety

The new Volkswagen Passat is said to be 70 kg lighter than its predecessor, yet seems to have improved levels of...

14 May 2019 12:32 AM IST

The benchmark Sensex pared some gains and were trading higher by 0.69 per cent or 233.02 points at 34,080.25 at 0955 hrs. (Photo: File)

In nine trading sessions, investor wealth tumbles by Rs 8.53 lakh...

On Monday, the 30-share Sensex crashed 372.17 points or 0.99 per cent to close at 37,090.82 points.

13 May 2019 8:04 PM IST

The Enforcement Directorate (ED) is set to register three separate cases to probe the alleged irregularities in certain contracts awarded by the Delhi governments Public Works Department (PWD).

ED attaches property worth over Rs 2 crore in Axis Bank demonetisation...

According to officials Mohit Garg and Rajeev Singh Kushwaha illegally earned a commission at 15 pc of total amount...

13 May 2019 7:51 PM IST

Rupee strengthened by 28 paise to close at 70 against the dollar on Thursday.

Rupee crashes to over 2-month low on foreign fund outflows

An unabated sell-off in domestic equity markets also weighed on the domestic currency, forex dealers said.

13 May 2019 6:51 PM IST

NABARD has been contributing to other funds till now and this is the first time that the rural development bank has launched a fund of its own.

Nabard announces Rs 700-cr VC fund for agri, rural startups

The fund has been launched by Nabventures, a subsidiary of NABARD, and has a proposed corpus of Rs 500 crore.

13 May 2019 6:46 PM IST

Former Reserve Bank of India governor Bimal Jalan

Bimal Jalan panel on RBI's capital size likely to submit report by...

The committee was to submit its report in 90 days from the first day of its meeting, which held on January 8.

13 May 2019 5:18 PM IST

LICs stake went up in seven Sensex companies during Q4. They are: Bajaj Auto; Mahindra & Mahindra; Kotak Mahindra Bank; HDFC Bank; ONGC; Coal India; and ITC.

Sensex logs 9th straight loss, slumps 372 points

Sensex widened its loss towards the fag-end on emergence of intense selling in heavyweights like ITC, RIL and ICICI...

13 May 2019 4:51 PM IST