Business

The merchant bankers for SAIL share sale include SBI Caps, Kotak Mahindra and Deutsche Bank.

CBI alleged irregularities in over Rs 8,000-crore deal for supplying 43 aircraft to the erstwhile carrier IA in 2005.

The rupee had lost five paise to close at 54.35 against the dollar on Thursday.

He said if a new FII applies in India, it has to go through due diligence and once registered it has to go through KYC norms.

The airline said that plane went off the runway due to a sudden gust of wind.

The executive did not say whether Maruti will extend the production cut beyond Saturday at the Gurgaon factory.

Infosys surged 1.29 per cent to Rs 3,004.75, its highest level after March, 2011 and Tata Consultancy Services closed at a new high by adding 2.10 per cent to end Rs 1,590.45.

Standard & Poor's and Fitch have the country with a "negative" outlook.

The Finance Minister said that if a serious telecom player wants to remain in the Indian market, he must acquire spectrum.

The Finance Minister also increased the allocation to the Agricultural Ministry by a handsome 22 per cent.

The Finance Minister also asked the state governments to prepare the financial restructuring plans quickly.

The move is likely to promote home ownership and give a fillip to a number of industries.

Nomura also raised its rating on Bharti, but to "neutral" from "reduce", citing a recent share price drop.

Citi sees potential upsides for energy, real estate, banking, insurance/savings sectors and metals.

Premji made the largest philanthropic transfer by any individual in the country after he signed the Buffet-Gates Giving Pledge.

The country's top mobile operator has picked seven foreign banks to arrange the meetings in Asia, Europe and the United States.