Subodh Bhargava, chairman of Viom Networks, has decided to quit, citing his "discomfort about the speed at which the business was growing". Bhargava's decision comes four months after KPMG submitted a

The next salvo from the Comptroller and Auditor General (CAG) may come in the form of year-wise figures of the loss to the exchequer because of falling gas production from Reliance Industries Ltd's

High cost of operations has forced India's airline companies into deep financial trouble. After Kingfisher Airlines, SpiceJet seems to be in trouble, as the auditors have raised concerns over the

Nifty Current: 5,362 (February futures: 5,361); Target: NA The index is bullish but hitting resistance at 5,400. One session swing expectations would be 5,225 and 5,475. Stop-loss shorts at 5,400,

To help the railways overcome capacity constraints, an expert committee headed by Sam Pitroda is likely to propose investment of Rs 56,000 crore by the ministry of railways, to be implemented over

The government is considering reserving forward e-auction of coal, exclusively for the power sector. The proposal could be part of the detailed road map being finalised by the Prime Minister's Office

The country's steel industry is at an inflexion point. The industry is given a roadmap by the government to lift crude steel capacity to 150 million tonnes (mt) in the terminal year of the 12th Plan

Piramal Healthcare, which turned cash-rich after it sold its formulations business to Abbott, has made two investments in Vodafone India, taking its stake to 11 per cent. Even after investing almost

The retail investor participation in stock market is growing in smaller towns keeping pace with general financial literacy and awareness. "Although Mumbai still accounts for almost one-third of the

"It (Mundra UMPP) is not a non-performing asset to the extent net worth is there. One day, it could become if no decision is taken (on tariffs)," Tata Power Managing Director Anil Sardana told PTI