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Wipro shares tank as Q1 earnings lag estimates

TMT

25 July, 2014

Wipro shares tank as Q1 earnings lag estimates

Shares of IT services major Wipro plunged as much as 8.5 per cent in morning trade today after the company's ......

Govt starts consultations for enacting law for MFIs

General

25 July, 2014

Govt starts consultations for enacting law for MFIs

Government has started consultations with all stake-holders, including state governments, for enacting a law to regulate Micro Finance Institutions (MFIs) ......

Cabinet clears bill to empower SEBI to deal with ponzi schemes

General

24 July, 2014

Cabinet clears bill to empower SEBI to deal with ponzi schemes

A Bill to effectively empower the market regulator Sebi to crack down on ponzi schemes and investment frauds was approved ......

India gains a notch in human development index but still at 135th spot globally

Others

24 July, 2014

India gains a notch in human development index but still at 135th spot globally

In a sign that shows India has a lot of catching up to do, the country's ranking in the Human ......

Cairn India tanks after disclosure on $1.25B loan to promoter Vedanta Group

Infrastructure

24 July, 2014

Cairn India tanks after disclosure on $1.25B loan to promoter Vedanta Group

After using its cash to help new promoter raise stake in the company, Cairn India has loaned out USD 1.25 ......

Cabinet clears 49% FDI in insurance with Indian control

General

24 July, 2014

Cabinet clears 49% FDI in insurance with Indian control

The Cabinet on Thursday gave go-ahead to Foreign direct investment (FDI) cap hike in insurance to 49 per cent with ......

Sensex, Nifty at record closing high as mkts rise for 7th day

General

23 July, 2014

Sensex, Nifty at record closing high as mkts rise for 7th day

The benchmark Sensex on Wednesday rose 121 points to end at a new closing high of 26,147.33 extending its winning ......

McLeod may diversify to derisk plantation biz

Consumer

23 July, 2014

McLeod may diversify to derisk plantation biz

World's largest bulk tea company McLeod Russel India Ltd is mulling to diversify its business to derisk its plantation business ......

TRAI may review telcos' freedom to fix call rates, moots extension of DTH licences

TMT

23 July, 2014

TRAI may review telcos' freedom to fix call rates, moots extension of DTH licences

Telecom regulator Trai today warned that it will review service providers' freedom to fix mobile call and service rates if ......

TCS market value crosses Rs 5LCr; shares at 52-wk high

TMT

23 July, 2014

TCS market value crosses Rs 5LCr; shares at 52-wk high

Software giant Tata Consultancy Services (TCS) today attained a market valuation of over Rs 5 lakh crore for the first ......