Business

The Serious Fraud Investigation Office would begin its probe with a total of 57 companies, but the ambit could be expanded as the investigation moves ahead, sources said.

Remittances to the region are projected to remain buoyant in the coming years, reaching $140 billion in 2015.

The company reduced 791 staff, taking the total to 84,403 from 85,194 at the end of the December quarter.

Airtel has no license in Kolkata, Madhya Pradesh, Haryana, Gujarat, Maharashtra, Uttar Pradesh East and Kerala for 3G services.

The CEO of Kingfisher Airlines revealed that Vijay Mallya's UB Group will help the carrier with the initial funding.

Sales of trucks and buses are seen growing 7-9 per cent in 2013/14 which began on April 1.

Subrata Roy and other top executives have been summoned for personal appearance on Wednesday before the market regulator SEBI.

The acquisition signals Indian software service exporters' interest in diversifying its revenue base, analysts said.

Besides, strengthening of euro against the dollar in overseas market and a higher opening in the equity market supported the rupee, forex dealers said.

Air India is negotiating for taking over of six of the 18 kiosks lying unused due to the grounding of Vijay Mallya's airline.

The subsidised LPG cylinder which earlier cost Rs 410.50, will not have to be bought at Rs 422 per bottle.

India's GDP growth in the third quarter of 2012-13 stood at 4.5 pc, the weakest in the last 15 quarters.

The Indian benchmark Sensex inched up by 5.32 points, or 0.03 per cent, to quote at 18,686.74 at 1050 hrs.

The Supreme Court is expected to hear SEBI's request seeking Roy's arrest in early April.

Kingfisher Airlines owes a loan of over Rs 7,000 crore to the consortium of 17 banks, led by the SBI.

The BSE benchmark Sensex on Thursday jumped by nearly 208 points to end at 19,570.44.