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.
- Growth slows less than feared, easing pressure for rate cut
- After record deal, more India bank takeovers on cards
- India eases gold import rule in surprise move
- U.S. crude down 10 pct post-OPEC, Brent breaks below $70
- Sahara looks to raise $650 million loan to fund bail
- Government plans to cut stake in state lenders to raise $14.4 billion
- India sees $15.6 billion hit on state lenders from coal verdict
- Nifty hits record high above 8,600; state-run lenders gain
- Falling energy shares weigh on global equities, oil down
- Exclusive - Essar's planned oil-for-steel deal tests Iran sanctions