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.
ANKARA - World financial leaders agreed on Saturday that over reliance on cheap cash from loose central bank monetary policy will not lead to balanced economic growth and that as activity picks up, interest rates would have to rise.
- G20 financial leaders: cheap central bank cash alone not enough for balanced growth
- Eyes on China data, rate meetings
- IMF official warms to interim deal to boost emerging markets role
- UK's Osborne says many in G20 see need to live within their means
- India saves $1.8 bln on fertiliser subsidies, but no reform planned
- IMF's Lagarde: G20 must step up growth efforts
- Drugmaker Cipla pushes into U.S. with two deals
- Boeing sticks with 747 production plans despite sales drought
- Muddled U.S. jobs report leaves Fed in a 'jam' watching markets |
- Global concerns may shrink Wall Street's third quarter estimates