Business

Struggling IT major Infosys had on Saturday recalled its founder NR Narayana Murthy and returned control of the company.

Apart from RBI, the Finance Ministry as well as the insurance regulator IRDA too are looking into the money laundering allegations levelled by the Cobrapost.

Infosys Experience Centre showcases a range of new products that its engineers developed in the last few years.

The Finance Minister said steps like efficient use of money and design of projects can propel the growth rate to 9 per cent.

However, top lender State Bank of India continued to fall since Thursday especially after lower than expected fourth quarter results.

The company said it has not put any of its assets on sale and the impairment was taken after taking a long term view.

Morgan Stanley says United Spirits could also focus on the "prestige" liquor segment, improving margins.

Set up in January 2012, the panel looked into whether Walmart undertook any activities in India in contravention of any Indian law.

Government has recently allowed the airlines to impose additional fees for services such as seat preferences or meals among others.

No details of the report, which was submitted to Corporate Affairs Minister Sachin Pilot, were immediately available.

BHEL intends to start production in this factory in 24 months from the completion of land acquisition activity.

It is a level seen comfortable for the RBI to persist with monetary easing to revive a flagging economy.

Both the leading stock exchanges NSE and BSE have decided to extend the trading session for gold ETFs on Monday.

McDonalds entered India in 1996 and now has 309 stores in the country.

The rupee had gained 45 paise to close at nearly three-month high of 53.80 against the dollar.

The bench, which took on record the copy of the communication, asked Jethmalani to file a proper affidavit in this regard.