NEW YORK - Former Goldman Sachs Group Inc director Rajat Gupta is expected to begin his two-year prison term on June 17 for insider trading.
BANGALORE - India called a quarter of its 815 million voters to polls on Thursday, the biggest day of its staggered election, in areas ranging from Himalayan passes to a southern IT hub and western sugarcane farms.
NEW DELHI - Reliance Industries , owner of the world's biggest refining complex, and HPCL-Mittal Energy Ltd (HMEL), part owned by steel tycoon L N Mittal, have sought environment ministry approval for raising capacity of their plants.
MUMBAI - Since taking the helm of the Reserve Bank of India, Raghuram Rajan's agenda to reform markets has put the noses of Mumbai bond traders firmly out of joint by upending practices that provided them with a relatively secure rate of return.
MUMBAI - Piramal Enterprises Ltd said it agreed to buy a 20 percent stake in unlisted Shriram Capital Ltd for 20.14 billion rupees ($334 million), increasing its foothold in the financial services sector.
WASHINGTON - A former 20-year veteran of BP plc who oversaw the company's cleanup efforts from the Deepwater Horizon oil spill will pay more than $224,000 to settle civil charges alleging he used non-public information about the disaster to commit insider-trading, U.S. regulators said on Thursday.
NEW DELHI - India could allow commercial coal mining by foreign companies if they set up units in the country, opening the door for global giants like Rio Tinto to access the world's fifth-largest coal reserves, a source familiar with the matter said.
- Modi takes first bite at coal to end India's power mess
- Fears for tough penalties grow as India cleans up business
- DLF seeks interim relief from capital market ban
- Wipro sees rosier end to year as U.S. clients spend
- Global shares falter as Wall Street tumbles; bond prices fall
- Nifty gains for fourth straight session; automakers surge
- Gold dips from six-week peak as dollar firms, physical demand eases
- Oil resumes slide, falling $2 after second big U.S. stock build
- Boeing profit jumps 18 pct, but cash is scarce
- U.S. regulators expand number of vehicles affected by Takata recalls