RBI Policy Review

Ex-Goldman director Gupta to surrender June 17 in insider case

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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.

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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.

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Wipro upbeat on growth prospects; profit beats f'cast

BANGALORE/MUMBAI - Wipro , India's third-biggest IT services exporter, posted forecast-beating quarterly profit on Thursday and said it expects a stronger year ahead on increased spending by overseas clients.

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.