A month after Tata Consultancy Services made history as the first listed Indian IT firm to hit market capitalisation of over $100 billion (Rs 6.78 lakh crore), it has now become the first desi company ever to breach the Rs 7 lakh crore mark, albeit briefly.

Rakesh Asthana, the special director of the Central Bureau of Investigation (CBI) is under agency's scanner over allegations of leaking a highly secret document to a politician, either directly or using a human courier.

The government is now mulling a 'windfall tax' on all oil producers like ONGC in an attempt to moderate fuel prices.

Days after the Civil Aviation Ministry came out with its draft proposal defining the rights of air passengers, the airlines are up in arms against several new norms which they say may lead to expensive air fares.

The employees of public sector banks will go on a two-day strike from May 30-31 to protest a 'meagre' 2 per cent wage hike offered by the Indian Banks' Association (IBA).