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.
MUMBAI/LONDON Indian authorities are expected to hold off before cutting or cancelling a 40 percent raw sugar import duty as a last resort to tackle surging domestic prices as the country shifts from net exporter to importer.
- India seen holding off for now on reducing raw sugar import tax
- China slowdown poses threat to world economy, RBI chief says
- Gold rises for first day in seven as traders cover short positions
- U.S. levies hefty duties on Chinese corrosion-resistant steel
- Tata Steel says evaluating bids for UK asset sale
- Oil prices top $50, Asian shares struggle as China sags
- Clothing brands must help ensure Asia's garment workers get a living wage
- Analysis - Automakers, tech companies decide to make deals, not war
- Brent oil pushes above $50 for first time in nearly seven months
- Singapore factory output grows at fastest pace in nearly 2 years