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Ratan Tata gets over Rs 1-cr as director pay from Alcoa

 India's top business leader Ratan Tata has got over Rs 1 crore (Rs 10 million) as compensation for serving as an independent director on the board of NYSE-listed Alcoa Inc during 2012.Tata, who......

Nifty tops 8,500 to end at highest close since August 2015

 Markets extended gains on Tuesday with the benchmark Nifty surpassing the 8,500 mark to end at its highest closing level since August 2015 led by private banking major ICICI Bank. The S&P BSE......

Alcoa plans to buy 45% in India Foils

 Global aluminium giant Alcoa is planning to enter India by acquiring the Vedanta group's 45 per cent controlling stake in Kolkata-based India Foils.Pittsburgh-based Alcoa has a total revenue of $......

US-based Alcoa to shift 130 jobs to India

 Alcoa, the world's leading producer of aluminum and alumina, plans to outsource 130 jobs, including about 70 IT positions, to an India-based services provider as part of a move to reduce......

A staggering $18 trillion unaccounted money stashed in tax havens

 A worker counts U.S. dollar bills and Philippine pesos inside a money changer in Manila. Photograph: Romeo Ranoco/Reuters Around  $18 trillion worth unaccounted money is stashed in tax......

Play suspended at Australian Open on hottest day in decade

 It was the second day that heat had affected play, after the roof at the Rod Laver arena was closed on Thursday for the women's semi finals match. Fire-fighters went on alert as the mercury crept......

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