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Reuters

Bond King Bill Gross accuses departing CEO of Pimco El-Erian of undermining him

General

07 March, 2014

Bond King Bill Gross accuses departing CEO of Pimco El-Erian of undermining him

Bill Gross, the co-founder and co-chief investment officer of Pacific Investment Management Co, has accused departing CEO Mohamed El-Erian of ......

Markets continue to gallop to new highs

General

07 March, 2014

Markets continue to gallop to new highs

The Nifty rose as much as 2.1 per cent to a record high, and the Sensex hit its record for ......

SAIL-led group hopes to buy coal assets in Poland

Manufacturing

06 March, 2014

SAIL-led group hopes to buy coal assets in Poland

A consortium led by Steel Authority of India Ltd, the country's second-biggest steelmaker, hopes to buy coal mines overseas in ......

Reliance Globalcom no longer for sale, eyes funding for growth

TMT

06 March, 2014

Reliance Globalcom no longer for sale, eyes funding for growth

Reliance Globalcom, the international unit of Reliance Communications Ltd, is no longer up for sale and may raise debt or ......

Sensex hits life high above 21,500 on foreign buying

General

06 March, 2014

Sensex hits life high above 21,500 on foreign buying

The BSE Sensex hit a record high while the NSE index closed just off its all-time high, as steady buying ......

Apollo, ICICI Venture set to complete raising $750M India fund

General

05 March, 2014

Apollo, ICICI Venture set to complete raising $750M India fund

ICICI Venture, the private equity arm of No.2 Indian lender ICICI Bank and U.S. private equity giant Apollo Global Management ......

India to kick off world's biggest election on April 7

Others

05 March, 2014

India to kick off world's biggest election on April 7

India's mammoth parliamentary election will start on April 7, the Election Commission announced on Wednesday, kicking off a race that ......

Supreme Court sends Sahara chief Subrata Roy to Tihar Jail

Others

04 March, 2014

Supreme Court sends Sahara chief Subrata Roy to Tihar Jail

The Supreme Court on Tuesday directed that the head of the Sahara conglomerate, Subrata Roy, remain in custody over the ......

From northern backwaters, a new business elite rises

General

04 March, 2014

From northern backwaters, a new business elite rises

Ravindra Kishore Sinha built India's largest security business from a garage in the dirt-poor state of Bihar. He has just ......

CBI to probe bribery charges in $1.2B Rolls-Royce

Manufacturing

03 March, 2014

CBI to probe bribery charges in $1.2B Rolls-Royce

The defence ministry said on Monday it had ordered a bribery investigation over state-run Hindustan Aeronautics Limited's (HAL) purchase of ......