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.
- SAARC summit salvaged after handshake by leaders of India, Pakistan
- GDP growth set to weaken, business wants reforms more than rate cut
- Jaitley likely to meet Rajan on Monday to urge rate cut
- WTO clinches first global trade deal in its history
- Saudis block OPEC output cut, sending oil price plunging
- India moves to allow more businesses to offer basic financial services
- Sensex edges higher ahead of GDP data, RBI policy review
- Rupee wedged in tight band; month-end importer dollar demand hurts
- India may extend tax breaks for auto firms beyond Dec 31 - source
- Oil tumbles more than $6 as OPEC keeps output high