Why govt is demanding $2.81 bn from RIL, BP

The government has slapped a $2.81 billion (about Rs 24,500 crore) demand notice on Reliance Industries and its partners, including BP Plc for gains made from producing and selling natural gas that......

Sensex, Nifty rise on buying in banking stocks

Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. Photograph: Shailesh......

Mid, smallcap indices stay afloat in choppy January

The S&P BSE Midcap and the S&P BSE Smallcap indices have managed to stay afloat in a volatile January that saw the frontline indices hit their respective 52-week high levels and then slip.......

Sebi lowers Sahara case expense estimates to Rs 25.88 cr

This downward revision has taken place largely due to a planned expenditure being revised from Rs 12 crore to Rs 4 crore for the current fiscal As a prolonged Sebi-Sahara battle continues, the......