17 persons killed, 33 hurt in Andhra pharma unit fire

A major fire and explosion ripped through a pharma unit here on Wednesday leaving 17 people dead and 33 injured. The damage could have been worse but due to lunchtime fewer workers were in the......

Karnataka rolls back quota bill for Kannadigas in jobs

The Karnataka government on Wednesday put the reservation bill for Kannadigas in private firms on hold amid fierce criticism from business leaders and tech tycoons. IMAGE: Kindly note that this......

Engineer arrested for post on bomb threat at Ambani wedding

The Mumbai police on Tuesday arrested a 25-year-old IT engineer from Vadodara in Gujarat over his social media post that talked about the possibility of a bomb explosion at the wedding of Anant......

Bank customer has zero liability for unauthorised transaction: HC

A customer has zero liability when an unauthorised transaction occurs due to a third party breach where the deficiency lies not with the bank or customer but somewhere in the system, the Bombay......

Sensex tumbles 553 points on selling in IT stocks

Benchmark equity indices Sensex and Nifty fell for the second day on Thursday dragged down by losses in IT stocks and relentless foreign fund outflows. Illustration: Dominic Xavier/Rediff.com......

Markets recovery makes investors richer by Rs 4.21 lakh cr

Investors' wealth on Monday surged Rs 4.21 lakh crore as markets bounced back after five days of fall. Illustration: Dominic Xavier/Rediff.com The BSE Sensex jumped 602.75 points or 0.76 per cent......

Sensex jumps 603 points; ICICI Bank climbs 3%

Stock markets snapped the five-day losing streak on Monday with the benchmark Sensex rebounding 602 points on buying in ICICI Bank, firm global trends and continuous buying by domestic......

Lower input costs may aid pharma firms' Q2 margins

Analysts are expecting pharmaceutical companies to post sales growth of 10-11 per cent in the second quarter this financial year while the Ebitda (earnings before interest, tax, depreciation, and......