Four independent directors, namely Renu Challu, Shhubhalakshmi Panse, Uday Ved and SS Kohli, and non-executive director Vibhav Kapoor have also stepped down from the board of IL&FS Financial Services.

Daiichi Sankyo, which has filed an intervention application in the insolvency plea filed by HDFC Bank, said they have a decree to recover money against RHC Holding.

Lessons from the failure of some of India's biggest business names.

The official also mentioned that a public awareness programme will be carried out through newspaper advertisements as well.

India reportedly boasts around 2,000 FDCs, four times more that what's available in the US.

The Supreme Court is currently hearing a case between virtual money exchanges and the RBI, and the next hearing on the matter is scheduled for September 17.

The court said that the fuel price is a matter of national policy, any orders will have ramifications.

\"We will look at their (LIC's) business plan (post acquisition of 51 per cent stake in IDBI Bank) and then decide on reduction of its stake in IDBI Bank (to 15 per cent),\" says IRDAI Chairman SC Khuntia

The court also said that the product is built to function as an e-reader and bought and sold as an e-reader and not as a dictionary or translator.

Global factors behind rupee fall, no need for knee-jerk reaction: JaitleyFinance Minister Arun Jaitley yesterday attributed the fall in rupee to global factors and said there was no need for panic or knee-jerk reactions. He said the Reserve Bank is doing whatever is necessary to deal with the situation.The battered rupee has lost 165 paise in the last six trading sessions. Jaitley further said the dollar has strengthened against almost every other currency and added that the rupee...

The larger companies will make some noise, but will adopt it, because they have no choice and will start looking at productivity improvement and automation to compensate for the increase in costs. The MSME sector will be impacted.

The start-up, founded by engineering graduates Arun George, Vimal Govind, N.P. Nikhil NP and Rashid K, has been supported by Kerala Start-up Mission.

Prathiba singh has contributed to some of the most important IPR laws and given landmark judgments.

Indu Malhotra is the first woman lawyer to be elevated directly to the position of Supreme Court judge.

The Rajasthan High Court granted permission to two students Neha Chaudhary and Suraj Bansal, who had not studied biology as a subject in Class 12 but cleared the NEET exam, to pursue MBBS.

Rupee hits record low of 70.82, falls 23 paise against US dollarThe rupee on Thursday extended losses for the fourth consecutive session and plunged to an all-time intra day low against the US dollar on strong month-end dollar demand from oil importers and foreign fund outflows. The currency fell 23 paise to hit a new record low of 70.82 per dollar. The slide was triggered by factors such as crude prices hitting multi-month highs fuelled by supply shocks along with concerns over ...

The order came in light of the writ petition filed by All-India IDBI Bank Officers' Association, asking the court to prohibit the government from reducing its stake in the bank below 51 per cent.

One of the partners, Rohit Khamboj, told the daily that neither he nor the other co-founder Sandeep Singh Kalra has ever been to a Starbucks.

The oral assurance by the LIC was given before Justice Vibhu Bakhru as he appeared inclined to pass orders restraining LIC from making any investment in the IDBI in which the government intends to dilute its shareholding below 51 per cent.

Spicejet operates the first biojet fuel flight for the countrySpicejet's flight yesterday between Dehradun and Delhi was special. The flight was powered by a blend of 75% air turbine fuel and 25% biojet fuel. This was a first for the country which is looking for ways to cut down fuel costs.A blend of 25% of bio jet fuel and 75% of aviation turbine fuel (ATF) was carried in one of the two engines of the plane, while the other engine carried only ATF. International standards permit ...