Aberdeen seeks $150 mn damages from Mahindra Satyam

Mahindra Satyam (formerly Satyam Computer Services Limited) on Sunday said that a group of investors led by Aberdeen Asset Management have claimed damages of over $150 million (approximately 750......

Founder duo exits Ambuja, deal valued at Rs 185 cr

Three-and-a-half decades after they founded it, Narottam S Sekhsaria and Suresh Kumar Neotia have completely exited as promoters of Ambuja Cements, by selling their 0.79 per cent stake in the......

Next RBI chief faces balancing act on bank clean-up

As the clean-up has taken hold, loan growth slipped to 10.7 per cent in the last fiscal India's next central bank chief faces a tricky task completing a bank clean-up spearheaded by outgoing......

FIIs wary of India Inc's numbers

Stung by the fraud in India's fourth largest IT services firm, Satyam Computers Services, foreign institutional investors are now asking brokerages to run forensic accounting checks on the numbers......

Jeev Milkha sets aside premiere of film on father to defend title

Jeev Milkha Singh was torn between two major decisions ahead of the Scottish Open beginning on Thursday -- defending the title he won 12 months ago at the same course or stay back at home to attend......