The decision to shut down the Chennai plant will reduce valuation of Nokia for Microsoft

The PIL , filed by advocate M L Sharma, sought action against Ranbaxy for allegedly supplying substandard and adulterated drugs

About 40 per cent of respondents felt fraud had gone up in India, while 67 per cent said the new Act would improve governance.

Sources said the Insurance Regulatory and Development Authority's vigilance department was looking into these complaints and had carried out inspections in this regard.

The investigative agency wanted four weeks, arguing some more investigation has to be carried out in the case.

The letter was written on February 20, two weeks after the Cabinet Committee of Economic Affairs had approved the 100 per cent ownership proposal of Vodafone Plc in Vodafone India, at a proposed investment of Rs 10,141 crore (Rs 101.41 billion).

The listing would help the company expand.

At the minimum price of $16.50 a share, the BPO giant would buy back at most 1.82 bn shares, or about eight per cent of its outstanding common shares as of February 28.

The finance minister has said that United Bank has managed to reduce its non-performing assets.

Things don't seem to be good at low fare carrier SpiceJet's office. In past few months, its top rung officers have resigned over differences in opinion with the management.

Tata Housing to take up around 13 projects for constructing homes for the old.

Analysts say loan growth, Casa ratio and exposure to sectors under pressure did not indicate any stress at United Bank.

Phase-I of the ambitious Delhi-Mumbai Industrial Corridor project entails an investment of Rs 17,319 crore(Rs 173.19 billion) and is poised to generate 330,000 jobs.

The deal, part of the Jaypee Group's plan to cut Rs 60,000-crore debt, follows months of negotiations.

The Corporate affairs ministry has notified that henceforth political parties will not be eligible for CSR funding.

The environment ministry is likely to allow generic modification of food crops.

Deloitte, MCX's is learnt to have objected to PwC pointing out several irregularities in the exchange's expenditure, donations, etc, in its audit report.

The committee said the move 'clearly undervalued the company and its long-term growth prospects'.

NTPC to be the worst hit, stock slides to five-year low on announcement.

After sending notices to 1.21 million Permanent Account Number (PAN) cardholders who had not filed their income tax (I-T) returns, the I-T department has now identified another 2.17 million potential non-filers. It had already sent letters to 50,000 potential non-filers in the first batch.