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CBI shuts case against firm founded by former Mumbai top cop

 The Central Bureau of Investigation (CBI) has filed a closure report in a case against a company founded by Mumbai's former police commissioner Sanjay Pandey which had allegedly violated Securities......

Kotak-ING Vysya Bank deal: First merger since global meltdown

 Kotak Mahindra Bank's acquisition of ING Vysya Bank is the country's first ever amalgamation of a profit earning entity post the global financial meltdown in 2008. Although two more mergers......

Markets tumble on global cues

 Markets ended in the red on weak cues from Asian markets as selling continued in banking shares.The Sensex dropped to a low of 15,745 in late-noon trades and finally ended with losses of 286 points......

Murthy magic: Analysts upbeat on Infosys

 Indian software services exporter Infosys Ltd met expectations on Friday with a 3.7 per cent year-on-year increase in quarterly net profit as contract wins and foreign exchange gains boosted......

Eleven companies call off IPOs in 2012: Report

 At least 11 firms have called-off their Initial Public Offer (IPO) plans since the beginning of 2012, even as the country's largest commodity exchange MCX today made a stellar debut in the stock......

TCS raising Rs 4,000 crore via commercial paper

 Tata Consultancy Services is tapping the markets to raise Rs 4,000 crore (Rs 40 billion) through a commercial paper programme. ICRA has assigned an A1+ rating to the programme. It said, “The......

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