Banking regulator Reserve Bank has invited public comments on draft master circular on foreign investment. The draft circular, on which the RBI has invited public comments by 20th June, covers areas such as acquisition of immovable property, establi ..
Reliance Communications Chairman Anil Ambani today said he could transfer shares in the company without restrictions, rejecting Reliance Industries Chairman and elder brother Mukesh Ambani's claim of having the first right of refusal as "meaningless' ..
The war between Ambani brothers continued on Sunday over the proposed merger between Anil Ambani-controlled Reliance Communication Ltd (RCom) and South African telecom major MTN that could create a $70 billion trans-continental telecommunications gia ..
New Delhi, June 14 (PTI) Ambani siblings' war intensified today with the younger Anil's group warning to retaliate in case Mukesh-led Reliance Industries goes legal with its claim on the potential multi-billion dollar amalgamation deal that the for ..
US giant expected to bid for 65% non-promoter stake.Pfizer Inc, the world's biggest drug maker, may bid for the 65 per cent non-promoter stake in Ranbaxy Laboratories, sources familiar with the developments said declining to be identified. Malvinder ..
The multi-millon dollar Stanford League announced earlier this week is not the only challenge being aimed at the Board of Control for Cricket in India and the IPL if the events in England in the recent past are anything to go by. Less overtly, but no ..
Chennai, Madras High Court has ordered notice to Commissioner of Police (CoP), Chennai and a private bank on a writ petition which alleged that the bank was engaging the services of musclemen to force a customer to repay his personal loan.Admitting ..
Max New York Life Insurance, quality leader in India?s life insurance sector, today announced a milestone achievement of 99.84 percent settlement of claims. At the close of fiscal 2007-08 (on March 31, 2008), Max New York Life had only 0.16 per cent ..
In what could be good news for foreign telecom companies wanting to invest in India, the Union Ministry of Law and Justice has suggested that the Communication Ministry may take the issue of following an open auction for third generation mobile servi ..
SC orders fresh hearing of SIFCL case New Delhi, Jun 9 The Supreme Court today set aside both Allahabad High Court and Reserve Bank of India (RBI) the rulings of debarring Sahara India Finance Corporation Limited (SIFCL) from accepting deposits from ..
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