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

India-US Diplomacy

India-US Diplomacy

Obama to nominate Indian-American Richard Verma as India ambassador - congressional source.  Full Article 

GMR in Nepal

GMR in Nepal

Nepal clears India’s GMR plan for $1.4 bln hydroelectric plant.  Full Article 

LIC on Markets

LIC on Markets

LIC chairman bullish on Indian markets  Full Article 

India Rains

India Rains

Monsoon rains weaken as late retreat looms.  Full Article 

Infosys-Huawei

Infosys-Huawei

Infosys partners with China's Huawei for cloud-based services  Full Article 

Gold Outlook

Gold Outlook

Gold imports seen up, premiums likely to double on festive buying  Full Article 

Trade Dispute

Trade Dispute

U.S. to press India on trade row during Modi's Washington visit  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

480.92
27,112.21
+1.81%
139.25
8,114.75
+1.75%
177.30
9,861.22
+1.83%
15.01
873.35
+1.75%

Int'l Indices

109.14
17,265.99
+0.64%
178.90
16,067.57
+1.13%
38.39
6,819.29
+0.57%
-207.69
24,168.72
-0.85%
8.03
2,315.93
+0.35%

Currencies

60.725
99.789
78.438
0.55810