The company has alleged that shareholders as well as the entire exchange eco-system suffered on account of \"malicious actions\" by Chidambaram, Ramesh Abhishek, then Forwards Markets Commission (FMC) Chairman, and former Additional Secretary in Finance Ministry KP Krishnan.

While the value of the bids by NBCC and Suraksha grouo could not be ascertained, two other shortlisted players - Kotak Investment and Cube Highways - did not submit bids.

How it became India's fourth most valuable group and what it is doing to stay on top.

The Indian oil refiners buy Iranian crude at $3-5 a barrel discount to the other crude grades in the Middle East. The benefits include the $2-4 discount for a barrel of crude; $1 a barrel freight subsidies; and the extended payment facilities.

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

Kochhar, who has been away from office following an enquiry initiated under the retired Supreme Court judge BN Srikrishna late May but continues to hold onto her position as the managing director & chief executive, was absent from the AGM.

World's largest steel producer ArcelorMittal on Monday offered Rs 42,000 crore to acquire Essar Steel Ltd, upstaging a Rs 37,000 crore bid by Russia's VTB Group-backed Numetal.

Numetal's first bid was rejected due to the 25% share owned by Rewant Ruia, the son of Essar Steel founder Ravi Ruia, since he was deemed a related party.

It has not given bankers the realisations they had hoped for. Now the government has unveiled a new approach even while they are modifying the act.

Confirming that these minority shareholders have rejected Bharti Group's discriminatory resolution plan, Arvind Gupta says they consider their shares in BTL as a \"crown jewel\" and are not willing to divest them at \"oppressive consideration\" price of Rs 163.25.

A special court today ordered framing of an additional charge of abetment of bribery against Congress leader and industrialist Naveen Jindal in a case pertaining to irregularities in the allocation of a Jharkhand coal block.