A fast track court has sentenced all four convicts in the Shivani Bhatnagar murder case, including former Haryana cadre IPS officer R K Sharma, to life imprisonment.The sentence was pronou More

The Supreme Court has ruled that passengers in goods carriages will not be entitled for insurance compensation. The Supreme Court overruled a judgement of the Allahabad High Court in a case invo More

Around 20,000 hectares of land in and around Hyderabad is set to be freed for development, with the Andhra Pradesh state assembly passing a resolution to repeal the over threedecade old Urban La More

The Supreme Court has held that the right of seeking maintenance of a neglected wife is confined only to her husband and she cannot recover the arrears of maintenance from the property and asset More

The Government has with immediate effect prohibited export of all edible oils. Notification No. 85 dated 17.3.2008 has been issued in this regard. It may be recalled that before the ban imposed More

The Supreme Court has said a High Court can review its own order in a criminal case only under rare circumstances such as when the relief has been obtained by playing fraud on the court. A bench More

Ford Motors on March 26 handed over the keys of its marquee brands Jaguar-Land Rover (JLR) to Tata Motors for about $2.3 billion in an all-cash deal. Under the deal, Ford would pay about $600-million More

India’s external debt has grown 20% in 2006-07 — the highest in any year since 2000-01. Apparently, this will indicate an increase in the magnitude of India’s external indebtedness. True. The More

Delhi-based real estate firm BPTP has bagged the country’s largest land deal worth Rs 5,006 crore, beating India’s largest real estate firm DLF. Kabul Chawla-promoted BPTP won the bid for the 95 More

The Reserve Bank of India is unlikely to cut interest rates despite signals of slowdown in growth as pressure on inflation persists, industry body Assocham said. With crude oil price touching $110 a More

Drug maker Sun Pharmaceutical Industries has said that it has received FDA approval for marketing a generic version of Medimmune's Ethyol amifostine injection, used in the treatment of cancer. Sun P More

Rating agency Crisil has assigned 'AA' to DLF’s Rs 5,000 crore non convertible debentures besides assigning 'P1+' rating to company's Rs 3,000 crore short-term debt, according to a statement relea More

Corporate advance tax payments for the final quarter of the fiscal year have risen sharply, indicating that earnings for the January-March period, scheduled to be announced next month, could be robu More

In what could be a shot in the arm for Indian generic drugmakers, the Delhi High Court has rejected an injunction plea by Swiss drug major Roche to prevent Cipla from manufacturing and selling gener More

Pharmaceutical firm Strides Arcolab said that it has received FDA approval for Fosphenytoin injection, used in the treatment of epileptic seizures. This is its third abbreviated new drug application More

In a bid to extend the exclusivity of its $13-billion anti-cholesterol drug Lipitor, Pfizer—the world’s largest drugmaker—has filed two separate patent infringement cases against Ranbaxy Labor More

Global premium lifestyle brand Tommy Hilfiger, controlled by buyout private equity Apax Partners, is looking at direct ownership of its India operations by bringing in the maximum permissible 51% fo More

INDIA’S largest wine maker Champagne Indage has acquired Australian Vintage’s Loxton winery for Rs 225 crore. The acquisition of the winery would increase Champagne Indage’s total production c More

After parting ways with the Kotak Mahindra Group in 2006, the Goldman Sachs (GS) is building its business brick by brick in India. One of the world’s largest financial services giant, GS is buying More

India’s largest private sector bank, ICICI Bank, has entered into a Rs 1,150-crore equity-cum-debt deal with Jaypee Infratech, which will build and operate the 165-km Taj Expressway linking Noida wi More

HSBC’S financial investment arm, HSBC Financial Services (Middle East), has hiked its stake in private sector Yes Bank to 4.88% from 0.89%. Yes Bank managing director and CEO Rana Kapoo More

Baring Private Equity has pipped financial services giant Merrill Lynch to buy 12% stake in Mumbaibased brokerage company Sharekhan. The Rs 240-crore deal values Sharekhan at Rs 2,000 crore. More

The signs of a softening in property prices are unmistakable but veteran global investor George Soros does not seem to be worried as the real estate-savvy billionaire businessman has picked up a 2.5 More

IRISH building materials group CRH has announced the acquisition of a 50% stake in Hyderabad-based cement company, My Home Industries (MHIL) for 290 million euros (Rs 1,840 crore). More

ARCELORMITTAL, the world’s largest steelmaker, said that it will increase to 49.95% its stake in Noble International, a provider of parts, component assemblies and services to the auto industry. More

The Netherlands based Pearle Europe, part of international investment major HAL Group, is getting into a 50:50 joint venture partnership with Reliance Retail to sell optical products under the Visio More

Tata group company, Telco Construction Equipment Company (TELCON),has said that it has signed a deal to acquire a 79% stake in Spain-based Serviplem SA. An agreement has been signed with the existin More