A spokesperson denied speculations that the fund rising has been affected due to problems faced by another group firm Kingfisher Airlines.

Crude oil to the refinery is ferried through a 1,014-km pipeline from Mundra in Gujarat where the oil is imported from abroad.

The news of the Pfizer split comes at an inopportune time for Biocon, which reported a 16 per cent drop in net profits for the three months to December last year.

The new tax slabs may ease your tax burden by Rs 1,030-22,660 depending on the income and the tax slab. Unfortunately, taxpayers with higher incomes will be the main beneficiary.

The 15 per cent Sensex rally in the first two months of 2012 seems to have stoked the embers back to life when hope was dying at the end of 2011 after a year of slide in stock indices.

Fiscal deficit feeds into inflation, pushes up interest rates and pulls down growth. In 2011/12, India's fiscal deficit was 5.9 per cent of GDP, 1.3 percentage points more than what was forecast in Budget 2011. This comes on the heels of a fiscal deficit of over six per cent of GDP in two of the last three years.

The government decision to make a disinvestment offering signals weakness in its finances. The hype over it masks the fact that it has contributed little to the Budgets in 20 years. FULL COVERAGE: Union Budget 2012-13

Analysts have chided the government for turning to one-off measures like asset sales to plug the gap in fiscal deficit rather than undertaking more difficult, fundamental reforms to boost revenues and trim spending.

The bank said that it sold its entire holding of 145.3 million shares, or 9.85 per cent stake, in HDFC through the National Stock Exchange at Rs 657.56 per share.

Reliance Industries has come up against a tough taskmaster in Petroleum Minister S. Jaipal Reddy. Several big-ticket proposals of the company are stuck at the petroleum ministry, something that people who follow the company and the ministry say is unprecedented.

Here are forms of accounting frauds and signs that may alert you to wrongdoing.

People fail to realise the huge opportunity in the virtual world where websites - priced at 8-10 times the monthly income they generate - are undervalued compared with other investments.

Standard Chartered is a unique bank when it comes to its technology strategy. At a time when most banks are keeping budgets flat, it is raising the spending by 7 per cent this year.

Claudia Zeisberger and Michael Prahl say renewed interest among global investors will then in turn allow Indian Private Equity not only to realize its potential but to support a fast growing economy by channelling much needed funds to worthwhile business ventures.

The Dow traded on Tuesday at 12,878, a 21 per cent rally from October 3, its low point for last year. In January, the average rose more or less in a straight line and added 3.4 per cent.

Mukesh Butani, Chairman at BMR Advisors, says the Supreme Court verdict on Vodafone case clarifies important principles of law on tax treatment of offshore transactions.

Money Today experts answer all your financial queries - from investing to tax related, insurance or loan related.

Here's how shares in rupee-sensitive sectors are likely to perform.

Pipavav Defence promoters hope to cut their pledged shares by half by March.

I usually buy when the net asset value of a fund is low and exit when it's value is relatively high, just as with the stock market. Is that a prudent strategy for investing in mutual funds?