New Delhi: Suspension of licence stares in the face of crisis-ridden Kingfisher Airline as it extended its lockout till October 23 and submitted a reply to aviation regulator DGCA’s show-cause notice on the matter. Reacting to the airline’s reply, official sources said the Di…

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The Reserve Bank of India (RBI) has slapped penalties of Rs 55 lakh on ING Vysya Bank , a private sector lender based in Bangalore and Rs 30 lakh on ICICI Bank, the second largest lender in terms of loan book, for violating Know Your Customer (KYC) norms. “The penalties have be…

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As part of their surveillance mechanism and to safeguard the interest of investors, leading bourses BSE and NSE have suggested extra due diligence in trading of illiquid stocks. As per directions from market regulator Sebi (Securities and Exchange Board of India), the BSE has listed out …

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Showing resolve for reforms, the government today notified its decision to allow global retail giants like Walmart to open stores in India, on a day several political parties called Bharat Bandh to protest against the policy. With this notification, multinational retailers can invest up …

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Wish you all a very Happy Independence Day! …

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Plans to resume work next month in the North African nation where it has $800 million (Rs 4,400 crore) worth of projects Punj Lloyd has soared 6% to Rs 51.70, extending its Friday’s 4% gain, on hopes of resuming work on pending projects in Libya. “The company, backed by Warburg Pin…

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After a year of uncertainties, respite may be around the corner for Aurobindo Pharma, as it recently received a go-ahead from the US Food and Drugs Administration (FDA) for one of its key units and is expecting the same for another. Both the units were under the scanner of FDA since 2011….

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Click here to view the video: A documentary that shows how the landing on the moon was merely a lie from NASA and the US government. …

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March IIP data at -3.5. Below market expectations. Electricity sector growth has come in at 2.7% versus 7.2%, manufacturing sector growth at -4.4% versus 11%, capital goods at -21.3%, basic goods at 1.1%, intermediate goods at -2.1% while mining sector growth is at -1.3% versus 0.4% (YoY…

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The National Stock Exchange [NSE] has decided to have an extended trading session for gold exchange traded funds, after trading concludes in the cash and derivative segments at 3.30 pm, on the 24th of April. . While trading can be done on gold ETF’s in the normal market hours from 9.15 …

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