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Govt garners Rs 1.57 lakh crore on day 4...

Govt garners Rs 1.57 lakh crore on day 4 of second tranche of coal block au...

Strengthening the national auditor’s claims that allocation of mines over the years had caused considerable losses to the exchequer, the government has garnered Rs 5164 crore from the sale of two mines to Jaypee Cement and Ambuja Cement, with the cumulative proceeds from the auction swelling to... read more »

Satyam Case: Court sets April 9 as Final...

Satyam Case: Court sets April 9 as Final Date for Verdict

Hyderabad: A special court trying the multi-crore accounting fraud in erstwhile Satyam Computer Services Limited (SCSL) on Monday said it will pronounce its judgement in the CBI-probed case on April 9. Citing voluminous documents in the case, Special Judge BVLN Chakravarthi said, “On April 9,... read more »

Gold Monetisation Scheme Should Be Inves...

Gold Monetisation Scheme Should Be Investor Friendly: Gitanjali Exports

After the announcement of a gold monetisation scheme in the Budget, the details of the scheme are keenly awaited. The scheme has the potential to attract Rs. 1 lakh crore worth of gold deposits, says Sanjeev Agarwal, CEO of Gitanjali Exports Corporation. (Watch video) In Budget 2015-16, Finance... read more »

Malaysia to Spend $190 Million to Improv...

Malaysia to Spend $190 Million to Improve Aircraft Tracking

KUALA LUMPUR, Malaysia—Malaysia plans to spend 700 million ringgit ($190 million) to upgrade its civilian radar systems, the country’s transport minister said Saturday, ahead of the first anniversary of the disappearance of Malaysia Airlines Flight 370. The government hopes to invite tenders... read more »

More from Business

Gold struggles on stronger economic data, higher equities

Gold steadied on Monday but failed to make any recovery from three straight days of losses as stronger global economic data and higher equities curbed the metal’s safe-haven... read more »

Gold Worth Rs 70,000 Crore Shipped To India From Switzerland

As the Narendra Modi government steps up its effort to crack down on black money, the quantity of gold shipped from Switzerland to India has reached a record level of about Rs 70,000... read more »

Murali Lanka is Wal-Mart India’s operations chief

Wal-Mart India Pvt. Ltd Friday announced that Murali Lanka has been appointed its new chief operations officer (COO) to lead store operations and business development. Wal-Mart India is a... read more »

China, 20 others launch World Bank rival in Asia

Australia, Indonesia and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to... read more »

Tata Steel’s Recent Plans Credit Positive: Moody’s

New Delhi: Tata Steel’s decision to sell its long product business in the UK and its bank debt refinance plan will be credit positive and alleviate funding pressure, Moody’s Investors... read more »