Finally, foreign companies, with or without a presence in India, can list on Indian stock exchanges. The Department of Company Affairs (DCA) has issued More

Glaxosmithkline Plc (GSK) lost a patent case on its biggest-selling asthma drug in the London high court, paving way for generic More

In a move to control forex inflows, the government has placed a ceiling of $1bn for investment by foreign institutional investors (FIIs) More

Wipro has won a contract to maintain the system that provides e-mail, office software and internet facilities to members of the Scottish Parliament More

The Delhi High Court, disposed off a PIL seeking a ban on the non-steroidal anti-inflammatory drug nimesulide. The court's decision would bring relief not More

London's High Court ordered state-run Bank of India to pay around $82 million in compensation for "fraudulent" transactions with the collapsed Bank More

Star India is shining and how! Not only is it bringing two new entertainment channels to the country, it also plans to launch direct-to-home services with 65 More

FII investment in India has grown to $25bn since the early nineties. Sebi data reveals that cumulative net inflows stand at a record $25.04bn More

NRIs with dreams of returning to their homeland have been offered another inducement. Very soon, NRIs (non-resident Indians) will also be allowed to More

India is not just shining it is actually taking the shine off some pretty bellwether markets. Though new to the ball, India 's vast 'middle More

The recent amendments to Fema rules and the Andhra Pradesh High Court decision to strike down the rule that bans political advertisements on More

In what would likely be a windfall gain for India 's generic drug companies, the Kenyan government is learnt to have initiated a process to issue a compulsory More

Warburg Pincus, India's largest foreign private equity investor, is beefing up its India presence in what analysts consider to be another indication More

The Supreme Court, in a landmark judgement that will have a bearing on most export houses, has held that tax benefit for exports will More

It's going to be a steal for the sector. After the 5% cut in import duty, the government is set to lower excise duty More

Troubled car maker Fiat Auto is writing off accumulated losses of over Rs 1,300-crore from its existing equity capital of Rs 1,367.98 crore More

Air Deccan is gearing up to launch a price war on key sectors such as the Delhi-Mumbai and Delhi-Hyderabad routes, after introducing its low-frill airline in the south More

Space TV, the DTH (direct-to-home) television services joint venture between the Tatas and Star, has obtained FIPB clearance, paving the way for Star to bring More

The Sajjan Jindal controlled JVSL is planning to pick up equity coal in an Australian coal mine, to tide over the raw material shortage that threatens to cripple the steel industry. More

Cellular operator Hutchison Essar has acquired Uttar Pradesh (west) telecom service licence for Rs 30 crore, taking the company's presence to 12 circles. More

Videsh Sanchar Nigam Ltd (VSNL) has acquired the narrowband and broadband businesses of Dishnet's internet service provider (ISP) division for Rs 270 crore. More