Kingfisher Airlines was found to have deducted tax at source on salary payments but had not deposited it in the government account, leading to procedures by the Income Tax department.

Market intervention and current policy measures of the Reserve Bank of India might not rescue the currency's downward slide alone, even as analysts now say the rupee will slide even further to touch the 57-mark.

The depreciation of the rupee will erode the budgets of many as large trade deficit and capital outflows drive the currency down.

Mukesh Ambani-led Reliance Industries has posted a 21 per cent fall in fourthquarter net profit at Rs 4,236 crore. While RIL's total income rose 18.8 per cent to Rs 87,477 crore, its other income saw a jump of 150 per cent at Rs 2,295 crore.

The Indian government's total bill for lobbying in the US during thefiscal ended March 31, 2012 was $720,000 while in the previous year it had spentlittle over $400,000.

Shares of Reliance Industries rose by nearly two per cent in the morning trade despite the company's net profit slipping 21 per cent during the fourth quarter ended March 31, FY12.

How about an online business where all that you need to do is collect payments? Sounds too good to be true? Thanks to the drop-ship business model, it is a possibility.

The market is pessimistic as it expects the petrochemical major to report lower net income on account of the double whammy of lower oil & gas production as well as lower margins.

At the end of trade on Thursday, ITC commanded 9.11 per cent weightage while RIL had 9.10 per cent weight followed by Infosys with 7.99 per cent weight.

At close on Tuesday, ITC grabbed the top slot in terms of Sensex weightage, which is measured by the value of a company's free-float or non-promoter shares that can be freely traded in the market

The World Bank's predictions for 2012 on price movement of commodities may not all hold true in the domestic market.

Pakistan Prime Minister Yousuf Raza Gilani while addressing Boao Forum for Asia's annual conference mentioned initiatives for tariff liberalisation with China and MFN for India.

From the farm to the factory, every link in the cotton supply chain is struggling. The responsibility for this mess lies with the government.

The success of MCX's initial public offering has raised hope among investors that the primary market-where companies sell new shares-may be set for a revival in 2012.

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.

Budget 2012 - Individuals get incentives to invest in stocks; mixed bag for industry.

Compulsory licences have brought domestic and multinational pharma companies face to face. Although domestic firms are getting to make cheaper versions of patented drugs, will this be enough to cure the country of its health care ills?

The Bombay High Court verdict asking Securities and Exchange Board of India to take a fresh look at the plea would pave the way for MCX-SX to start trading in shares.

Home to the highest concentration of makers of generic drugs, India has been a global source of cheap medicines. But seven years into the product patent regime, affordable access to some lifesaving drugs remains an issue.

The strike is to protest against price rise, violation of labour rights and the government's free market policies like disinvestment in public sector companies and privatisation of services.