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Country's largest software firm Tata Consultancy Services said it has settled a law suit filed by former employees alleging violation of the rights of its non-US citizen workers in the US for a payment of $29.75 million, without admitting any wrong doing.

 
 
Perturbed over rising incidents of insider trading, Sebi Chairman U K Sinha says the market regulator is setting up a committee to revisit norms on the issue.
Steel giant Posco India has set a target of starting production within five years of acquiring the total land cleared for the first stage of the project in the state.
Gupta, who is currently on bail while applying his conviction, was told to pay $6.2 million for legal fees to Goldman Sachs by federal Judge Jed Rakoff in New York.
Leading industrialist and President of JK Organisation Hari Shankar Singhania passed away late Friday night at his residence in New Delhi.
Subrata Roy has started using imported perfume in response to his troubles with the authorities, but the group he has carved in his own image carries on regardless.
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