Business  /  Published 05.11.20

Gold purchases an option before RBI

Flush with the inflow of dollars, the Reserve Bank of India is exploring the possibility of buying gold and AAA rated corporate bonds as its traditional investment in government securities is witnessi...
By Our Special Correspondent in Mumbai

Business  /  Published 28.10.20

MSCI index recast to boost FDI inflows

Morgan Stanley Capital Investment (MSCI) has announced that it will implement the new changes on foreign ownership limits in its global indices, which could pave the way for more inflows into some sto...
By Our Special Correspondent in Mumbai

Business  /  Published 09.10.20

Legal notice in Murugappa family battle

Valli Arunachalam, the daughter of former executive chairman M.V. Murugappan, has sent a legal notice to Ambadi Investments Ltd (AIL), Murugappa family members and others. This comes after the shareho...
By Our Special Correspondent in Mumbai

Business  /  Published 07.10.20

Mobile firms’ plans cleared

The government has cleared investment proposals of 10 mobile phone makers and six electronic component producers, including Foxconn, Wistron, Pegatron, Samsung and Rising Star, under its new productio...
By Our Special Correspondent in New Delhi

Business  /  Published 01.10.20

Reliance raises more money for retail arm

Reliance Industries Ltd (RIL) on Wednesday announced a cumulative investment of Rs 5,549 crore in its retail arm. While global private equity firm General Atlantic will bring in Rs 3,675 crore for a ...
By Our Special Correspondent in Mumbai


Business  /  Published 30.09.20

Kesoram Ind debt rejig

Birla Tyre may spin off its under-construction passenger car tyre business into a separate entity in its efforts to induct a strategic partner. The company, which was carved out of Kesoram last year,...
By Sambit Saha in Calcutta

Business  /  Published 23.09.20

Murugappa clan riven by feud

The stage is set for another tussle in the Murugappa family. Shareholders of Ambadi Investments Ltd (AIL), the holding company of the Murugappa group, have voted against inducting Valli Arunachalam as...
By Our Special Correspondent in Mumbai

Business  /  Published 07.09.20

BPCL: Queries on staff retention

The government will provide guidance on employee protection, asset stripping and business continuity in Bharat Petroleum Corp Ltd (BPCL) to potential acquirers of the company only at a later stage of ...
By PTI in New Delhi

Business  /  Published 07.09.20

Home loans: number crunching on which tax regime should work

At higher levels of income — let’s say upwards of Rs 20 lakh — the caps on deductions may make it difficult to reach the 20 per cent mark. Even home loan deductions taken to the full...
By Adhil Shetty

India  /  Published 30.08.20

Gold deposit fraud charge on Kerala MLA

An Indian Union Muslim League MLA has been booked in Kerala on the charge of cheating depositors in connection with a gold investment scheme run by his jewellery group. The controversy has mounted pr...
By K.M. Rakesh in Bangalore


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