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Neha Dasgupta
Mumbai, February 13, 2014
Determined to turn its third attempt at launching bond futures into a success, the Reserve Bank of India (RBI) is pressuring state-owned banks to trade the derivatives that provide hedges against the country's volatile interest rates, sources told Reuters.

Mumbai, February 13, 2014
Cipla shares saw a nearly 8 per cent drop after third quarter earnings lagged estimates. PSU  Coal India Ltd (CIL) fell 3.4 per cent on disappointing earnings. SBI ended 2.16 per cent down ahead of Q3'FY14 results on Friday. Overall, 26 of 30 Sensex constituents ended down.

Aditi Shah
Mumbai, February 13, 2014
Slowing economic growth and an oversupply of new hotels conceived during the boom years of 2006 and 2007 have led to falling room and occupancy rates in India, straining relationships between hotel owners and the global chains brought in to run them.

Sarika Malhotra
February 12, 2014
The last 10 to 12 months have seen a majority of rupee denominated funds, especially in real estate. Fund raising in foreign markets has been muted.

New Delhi, February 12, 2014
The low cost carrier would issue up to 45,000,000 warrants to Kal Airways and 19,169,000 warrants to Kalanithi Maran. There would be the option to convert these warrants into equivalent number of shares, each with a face value of Rs 10 per piece.

Manu Kaushik
February 11, 2014
The meetings held significance since, for the past few years, the US FDA has been coming down heavily on Indian pharma companies exporting drugs to the US, such as Ranbaxy and Wockhardt, for their failure to meet US standards.

Mumbai, February 11, 2014
The BSE index closed in the positive terrain on jump in Tata Motors, Infosys, Tata Steel and HDFC, amid export growth in January helping trim the surging trade deficit.

Manisha Singhal
February 10, 2014
Jet plans to strengthen its financial position by repaying expensive Indian rupee loan on its book by raising $300 million in external commercial borrowings (ECBs).

New Delhi, February 10, 2014
Industry sources said Punj Lloyd may be looking at selling its entire 17 per cent holding in Medanta to cut its debt.

K.R. Balasubramanyam
February 19, 2014
The 65-year-old food industry veteran built MTR Foods into a giant, and sold it seven years ago. Now his Maiyas brand is challenging the empire he founded.

Mumbai, February 10, 2014
The rupee resumed higher at 62.15 per dollar as against the last weekend's level of 62.28 at the Interbank Foreign Exchange (Forex) Market. However, the rupee surrendered its initial gains and ended lower by 15 paise, or 0.24 per cent, to close at 62.43 on fag-end strong dollar buying from banks.

Ajita Shashidhar
February 18, 2014
Broadcasters have been moving away from music programmes. But it is music that brought 9X Media back from the brink of bankruptcy.

Mail Today Bureau
New Delhi, February 10, 2014
Real estate major DLF announced that it has clinched the deal to sell its luxury hospitality chain Amanresorts to its original founder Adrian Zecha for $ 358 million (around Rs 2,200 crore). DLF is expected to use the money to reduce its debt burden.

Mahesh Nayak
February 10, 2014
A stable government at the centre after the election will be a key catalyst for the resurgence of the market. The Indian market may remain volatile until the elections but that gives an opportunity to build a strong portfolio.
February 8, 2014
The FMC on December 17 declared FTIL and its chief Jignesh Shah unfit to run any exchange, including the MCX, following a Rs 5,600-crore payment crisis at the National Spot Exchange (NSEL), a group company.

Rajendra Jadhav and Siddesh Mayenkar
Mumbai, February 8, 2014
The Indian Commodity Exchange is set to fold due to plummetting trading volume as a result of the government's failure to liberalise and investors retreat from futures markets after NSEL scam.

New Delhi, February 7, 2014
Tata Power reported net loss of Rs 75 crore for the third quarter ended December 31, lower than the year-ago period, mainly due to reduction in overall expenses.

Mumbai, February 7, 2014
In line with equity market, the rupee surrendered initial gains, but was still quoted higher by two paise to 62.35 per dollar in late morning deals on selling of the American currency by banks and exporters.

Hisar, February 6, 2014
\"All financial instruments can be operated through single dematerialized account and this facility will be operational by the end of 2014-15,\" said Sebi, Joint Director, Prabhakar R Patil in Mumbai.

Taslima Khan
February 6, 2014
Founded by Mukesh Bansal in 2007, Myntra's total equity capital raised now stands at $125 million, contributed by - apart from Premji Invest - investment firms Tiger Global, NEA-IUV, IDG Ventures and Accel Partners.

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