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The government has asked troubled SpiceJet’s potential investors, led by co-founder Ajay Singh, to put in at least Rs 200 crore into the airline by the year-end.
‘Reports on replacing Rajan untrue’  (20 December 01:15 am) 
Amid speculation that the government may replace Reserve Bank of India (RBI) governor Raghuram Rajan, highly placed sources in the finance ministry said there was no such move and termed such reports
How different can potato chips or a dhokla mix be from another of its kind? Well, the difference could define success or failure in a particular region of a nation as diverse as India, where local
MIAL puts UB Group plane on sale  (20 December 01:15 am) 
Mumbai International Airport (MIAL) has put a sale tag on a nine-seater jet (HS 125-700 B) owned by the UB Group.
Eco review pegs FY15 growth at 5.5%  (20 December 12:46 am) 
The Indian economy is expected to end the current financial year (2014-15) with a growth of around 5.5% and meeting the fiscal deficit target is a major challenge, a mid-term review of the economy
Backs land acquisition law recast  (20 December 12:46 am) 
There is scope to improve the drafting of the Land Acquisition Act to avoid confusion and litigation, the mid-term review of the economy said on Friday, setting the stage for reworking some aspects of
State Bank chairman Arundhati Bhattacharya said that the new Companies Act will make it difficult to find candidates for positions of nominee directors on the board of defaulting companies because of
Job scenario in 2015 is set to ring in ‘acche din’. According to multiple reports, released by human resource consultants, the overall business sentiment continues to be positive and companies are
The Reserve Bank of India (RBI) has indicated several alternatives by which retail payments can be done without two-factor authentication — an issue which resulted in Uber’s run-in with the
Sebi bans 260 entities for illegal gains  (20 December 12:46 am) 
Sebi on Friday banned about 260 people for using the stock market to make illegal gains aggregating Rs 480 crore using the Long Term Capital Gains route available in the Income Tax Act during 2012 and
Panel to decide on EPFO's investments  (20 December 12:46 am) 
Retirement fund body EPFO\'s trustees on Friday decided to constitute a panel to look into various investment options like increasing exposure to housing finance firms and private sector bonds.
Finance minister Arun Jaitley defended the move to increase excise duty on petroleum products and rejected the charge that spending on social sector schemes were being cut.
The co-founder of SpiceJet is leading a $240 million rescue effort to pull the low-cost carrier back from the brink of collapse, in a bold bet on the recovery of an industry plagued by high costs and
The lab would help Indian companies comply with legal norms concerning environmental regulations.
Mercedes-Benz is recalling 8,279 Sprinter vans in the United States because of a potential oil leak that would increase the risk of a fire or a stalling engine, according to documents filed by US
Over five crore subscribers of the EPFO will get 8.75 per cent interest this fiscal on their provident fund deposits - the same rate as the previous year.
State-run MTNL has so far raised Rs 3,768.97 crore through bonds in the current financial year, Parliament was informed on Friday.
Coming down heavily on chartered accountants hired by the income tax department, a CAG report on Friday said their failure to submit correct tax information resulted in levying of lower taxes by as
Govt tables GST Bill in Lok Sabha  (19 December 07:15 pm) 
The government on Friday initiated legislation for the much awaited reform of the indirect tax system by tabling the Goods and Services Tax (GST) Bill in the Lok Sabha.
Shares of SpiceJet zoomed almost 20 per cent on Friday on expectations of revival of the distressed air carrier.
The rupee on Friday lost 19 paise against the dollar at 63.30 at close as initial gains were washed out on account of strong demand for the US currency from oil companies even as stock markets were
Dr Reddy's acquires Habitrol brand  (19 December 06:46 pm) 
City-based drugmaker Dr Reddy\'s Laboratories has acquired Habitrol brand, a nicotine replacement therapy transdermal patch, from Novartis Consumer Health Inc.
The Oman India Joint Investment Fund (OIJIF), a joint venture between State Bank of India (SBI) and State General Reserve Fund (SGRF) has invested Rs 95 crore in Gujarat-based agrochemical company GSP
Technip has been awarded an approximately €100 million contract by Oil and Natural Gas Corporation Limited (ONGC) to build a 6 MMSCMD onshore terminal at Odalarevu in Andhra Pradesh as part of the
The benchmark BSE Sensex on Friday extended gains for the second straight session by rallying over 245 points to close at 27,371.84 as the government\'s projection of 5.5% GDP growth boosted economic