Money

Ex-Goldman director Rajat Gupta starts prison term on June 17

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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.

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India passes halfway mark in election with Hindu nationalists gaining strength

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.

17 Apr 2014
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Reliance Industries, HPCL Mittal plan refinery expansions

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.

17 Apr 2014
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A star abroad, RBI boss riles bond traders at home

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.

Economy, 17 Apr 2014

Piramal to buy 20 percent stake in Shriram Capital for $334 million

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.

Deals 17 Apr 2014

Ex-BP employee settles SEC insider-trading oil spill case

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.

17 Apr 2014

REUTERS SHOWCASE

Modi's U.S. Trip

Modi's U.S. Trip

PM Modi to get rock star reception in New York.  Full Article 

Northeast Floods

Northeast Floods

Landslides and floods kill 22 in northeast India.  Full Article 

Food Subsidy

Food Subsidy

Ram Vilas Paswan says no plans to raise food handouts.  Full Article 

New Plants

New Plants

Canadian auto parts maker Magna to open two new plants in Gujarat.  Full Article 

Importing Iron Ore

Importing Iron Ore

JSW Steel to import 10 mln T of iron ore due to local shortage.  Full Article 

Breaking Up

Breaking Up

Philips to split off lighting business, form separate company.  Full Article 

End of Monsoon

End of Monsoon

Monsoon starts withdrawing from northwest region.  Full Article 

Border Row

Border Row

Chinese and Indian troops in Himalayan standoff.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage 

Markets

India Indices

-431.05
26,775.69
-1.58%
-128.75
8,017.55
-1.58%
-188.67
9,696.15
-1.91%
-15.25
859.17
-1.74%

Int'l Indices

-116.81
17,055.87
-0.68%
-115.27
16,205.90
-0.71%
-97.55
6,676.08
-1.44%
-118.42
23,837.07
-0.49%
19.85
2,309.72
+0.87%

Currencies

61.040
100.08
78.467
0.56050