From: Times Now on Fri, Apr 15 2011 7:27 PM

In a surprise development, T V Mohandas Pai on Friday (April 15) resigned from Infosys and its Board of Directors, ending a 17-year association with the company, which inducted former Microsoft India Chairman Ravi Venkatesan into the Board. "T V Mohandas Pai has decided to relinquish the positio...

From: Times Now on Wed, Mar 23 2011 1:07 PM

After Enforcement Directorate (ED), under fire from the Supreme Court for its shoddy handling of black money cases, sent notice to the UBS on the $8-billion money laundering issue involving Hasan Ali Khan, the Swiss banking powerhouse on Wednesday (March 23) said it is fully cooperating with the...

From: Times Now on Sun, Feb 27 2011 11:16 PM

Just hours before Finance Minister Pranab Mukherjee presents his 6th Budget, Telecom Minister Kapil Sibal said that the country needs a more economy. Finance Minister Pranab Mukherjee is likely to give tax concessions to the salaried class and offer incentives to farmers in his Budget 2011-12 on...

From: Times Now on Mon, Feb 21 2011 7:43 AM

UK’s British Petroleum (BP) Plc will buy 30% stake in Reliance Industries Limited (RIL) 23 oil and gas blocks including the giant KG-D6 gas fields off the east coast for $7.2 billion. BP could further pay $1.8 billion on exploration success that results in development of commercial discoveries, ...

From: Times Now on Wed, Feb 16 2011 9:15 AM

Reliance Infocomm head Anil Ambani today (Feb 16) appeared at the CBI headquarters and remained with the agency officials for nearly two hours in connection with the probe in the 2G scam. Ambani’s visit pertained to the agency seeking clarification on certain documents relating to Swan telecom.

From: Times Now on Sun, Feb 13 2011 8:28 AM

Under the scanner for its alleged association with Swan Telecom, Anil Ambani group firm Reliance Communications today (Feb 13) said it only held 9.9 per cent equity share capital in the firm at the time of applying for 2G licences and asserted that it did not violate any norms. The company also ...

From: Times Now on Fri, Feb 11 2011 5:10 AM

The Anil Ambani group on Friday (February 11) said it has identified the stockbrokers behind the spread of malicious rumours and "baseless sensational charges" against it and sought immediate action by Sebi against the perpetrators.

From: Times Now on Fri, Feb 11 2011 4:01 AM

Industrial growth slowed even further to a dismal 1.6 per cent in December, 2010, from 18 per cent in the same period a year ago due to the poor performance of the manufacturing sector.

From: Times Now on Thu, Feb 10 2011 5:22 AM

Food inflation fell to a seven week low 13.07 per cent for the week ended January 29 as pulses turned cheaper, even as vegetables remain costly.

From: Times Now on Fri, Jan 14 2011 9:22 AM

Market regulator Sebi on Thursday (January 14) barred Anil Ambani-led Reliance Infra and RNRL from investing in secondary market till 2012, besides imposing a charge of Rs 50 crore for settling a probe into alleged unfair market dealings by the two firms. The top officials of the two companies, ...

From: Times Now on Wed, Jan 05 2011 2:01 AM

Vikram Pandit, the Indian-born global CEO of Citibank, and its Chairman William R Rhodes, were on Tuesday (January 4named in an FIR filed with police accusing the bank of cheating and criminal breach of trust in connection with the Rs 300 crore fraud.

From: Times Now on Mon, Jan 03 2011 8:41 AM

Hero Group’s senior official Sanjay Gupta was on Monday (January 3) remanded to five-day police custody in connection with the Citibank fraud case for allegedly investing about Rs 250 crore belonging to promoters of the group companies.

From: Times Now on Tue, Dec 14 2010 11:42 AM

Bharat Petroleum Corp (BPCL) on Tuesday (December 14) hiked petrol prices by about Rs 2.96 a litre effective midnight tonight, and other state-owned oil companies IOC and HPCL will follow suit tomorrow. The oil ministry today gave the three companies a go-ahead to raise petrol prices after inter...

From: Times Now on Thu, Dec 09 2010 12:54 PM

The BSE benchmark Sensex today (Dec 9) recorded second biggest fall in a month by losing over 454 points on year-end selling by foreign funds in banking and realty sectors, amid rise in food inflation that could signal a possibility of interest rate hike. The benchmark Sensex, which had lost 285...

From: Times Now on Thu, Nov 25 2010 8:57 AM

According to official sources on Thursday (November 25), the Income Tax department is to probe the tax angle in the LIC Housing loan scam. The IT probe is expected to begin soon. The IT department’s involvement comes just a day after 8 arrests were made across the country in the kickback for loa...

From: Times Now on Thu, Nov 25 2010 8:57 AM

A day after the eight top banking officials were arrested in the kickback for loans scam the Govt and probe agencies has taken action. The CBI which is probing the case has now asked all corporate entities involved to furnish details of the alleged murky deals. The income tax department will also...

From: Times Now on Thu, Nov 25 2010 1:19 AM

A major cross-country housing loan racket involving top officials of public and private sector financial institutions was busted by the CBI which arrested LIC Housing Finance CEO and seven others on charges of corruption and criminal conspiracy on Wednesday (November 24).

From: Times Now on Thu, Nov 25 2010 1:18 AM

Corporate big wigs are horrified at the Loan scam and have raised the red flag and warned that action must be taken against the guilty.

From: Times Now on Wed, Nov 24 2010 10:44 AM

The Central Bureau of India (CBI) on Wednesday (November 24) arrested CEO of LIC Housing Finance Ramachandran Nair and seven others including three top officials of public sector banks in connection with an alleged housing finance racket. Apart from Nair, those arrested are Naresh K Chopra, Secr...

From: Times Now on Thu, Nov 18 2010 5:29 AM

Bharti group chairman Sunil Mittal has spoken out on the latest telecom controversy. Bharti said that,'the group is ready to abide by all decisions the government will take'. He also exuded confidence that the ongoing controversyaround the spectrum allocation would not have any bearing ...