Cairn India Ltd said on Thursday that it has not received any notice regarding the retrospective $1.6 billion income tax demand on British major Cairn Energy, while noting that Cairn UK Holdings is presently not part of it....

The issue of spectrum has been in news in India with unfailing frequency in recent times, for reasons both right and wrong. What does this term mean? How does it affect lives, yours and mine? A primer:...
Reacting to the special CBI court summons to industrialist Kumar Mangalam Birla as an accused in the coal scam case, Indian Inc. on Thursday cautioned about its repercussions "on overall investor sentiment"....
India's consumer price index-based inflation (CPI) was 5.37 percent during February 2015 -- considerably down from 7.88 percent in the corresponding month of 2014, government data showed Thursday....
Chinese handset maker Xiaomi launched two devices - smartphone Redmi 2 and first tablet from its 'Mi Pad tablet' stable - in India on Thursday. ...
Mumbai, March 12 : A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), made healthy gains during the late afternoon trade session Thursday. It was trading up 231 points or 0.81 percent as automobile, capital goods and consumer durables stocks made healthy gains. The market's rose after the Asian market's made gains...
Hyderabad, March 12 : A revenue deficit of over Rs.7,000 crore has been projected in Andhra Pradesh's maiden full-fledged budget for 2015-16, which was presented in the state assembly on Thursday. Finance Minister Y. Ramakrishnudu has in his first budget proposed an expenditure of Rs.1,13,049 crore, comprising non-plan expenditure of Rs.78,63...
Mumbai, March 12 : A benchmark index of Indian equities markets, the 30-scrip BSE Sensitive Index (Sensex), made healthy gains in the early trade ...
As the seventh day of bidding in e-auctions of radio frequency spectrum concluded on Wednesday, the government had commitments of nearly Rs.100,000 crore from telecom operators....
India's growth is set to rise to 7.2 percent in this fiscal with the economy reviving, helped by positive policy actions that have improved confidence and lower global oil prices, according to the IMF....