CCI slaps Rs 4.5 cr on Verifone India Sales

Last Updated: Tuesday, April 14, 2015, 17:48

The Competition Commission has slapped a fine of about Rs 4.5 crore on Verifone India Sales, the Indian arm of US-based electronic payments firm VeriFone Systems Inc, for indulging in unfair business practices.

Fifteen crore Aadhar cards linked with bank accounts

Last Updated: Friday, March 6, 2015, 22:14

The National Payments Corporation of India on Friday announced linking of 15 crore Aadhar cards with various bank accounts in India.

Telecom auction gets Rs 60,000 cr bids on first day

Last Updated: Wednesday, March 4, 2015, 21:57

The biggest ever auction of 2G and 3G airwaves Wednesday began on a high note with operators making bids worth an estimated Rs 60,000 crore after six rounds of bidding in all four bands.

BoB to raise Rs 1,260 cr by issuing 6.44 cr fresh shares to govt

Last Updated: Thursday, February 26, 2015, 19:12

State-owned Bank of Baroda (BoB) Thursday said it will raise Rs 1,260 crore through preferential allotment of shares to the government.

Rs 1.09 lakh crore to go to states from coal block auction

Last Updated: Monday, February 23, 2015, 22:15

Approximately Rs 1.09 lakh crore would go to the coffers of states like Chhattisgarh, West Bengal, Jharkhand, Odisha and Maharashtra following auction of 19 coal blocks held last night, Union Coal Secretary Anil Swarup said Monday.

Disinvestment in LIC, Air India, BSNL will unlock lakhs of crores of rupees: Deepak Parekh

Last Updated: Sunday, February 22, 2015, 19:02

Pitching for disinvestment in public sector behemoths like LIC, Air India and BSNL, top industry leader Deepak Parekh has said it can unlock huge funds worth "lakhs of crores of rupees" and shares should be given to retail investors without depending on the overseas entities.

Speak Asia country head, 5 others held in multi-crore scam

Last Updated: Monday, February 2, 2015, 00:24

The Crime branch of Mumbai police Sunday arrested six persons, including the country head of Speak Asia, in connection with the over Rs 2,200-crore online marketing firm scam in which lakhs of investors were duped.

Aditya Birla Group to invest Rs 20,000 cr in Gujarat: Birla

Last Updated: Sunday, January 11, 2015, 16:01

Making public his "personal bias" for investing in Gujarat, Kumarmangalam Birla Sunday said the diversified Aditya Birla Group will invest Rs 20,000 crore over a period of time in the state to ramp up capacities across various existing facilities.

Reliance Industries to invest Rs 1 lakh cr in Gujarat: Mukesh Ambani

Last Updated: Sunday, January 11, 2015, 12:29

Reliance Industries Chairman Mukesh Ambani Sunday announced Rs 100,000 crore investment across businesses in the next 12-18 months and said India was on the path to become the world's fastest growing economy.

Gujarat most preferred destination, will invest Rs 20,000 cr: Aditya Birla

Last Updated: Sunday, January 11, 2015, 11:37

Kumar Mangalam Birla, chairman of Aditya Birla Group, Sunday said Gujarat was the most preferred destination for his company and that they would invest Rs 20,000 crore in the state.

Reliance Industries will invest Rs 100,000 crore in Gujarat: Mukesh Ambani

Last Updated: Sunday, January 11, 2015, 11:13

Addressing the delegates at the seventh edition of the Vibrant Gujarat Summit in Gandhinagar on Sunday, Ambani urged upon companies from across the globe to invest in India.

India's telecom subscriber base reaches 96.42 cr in November

Last Updated: Wednesday, January 7, 2015, 21:13

Telecom subscriber base in the country reach 96.42 crore in November with Idea Cellular leading the race in terms of new customer additions, as per the data released Wednesday by sector regulator TRAI.