Suspected dollar sales by the Reserve Bank of India helped the rupee recover all intraday losses on Friday, but the currency still posted its biggest weekly fall in nine weeks. Traders said

Banks with a large network of automated teller machines (ATM) will now be able to generate additional revenue by advertising financial products offered by other institutions. With an eye on financial

With the Nano all set to hit the Bangladesh roads this February, the distributor of the Tata cars there, now plans to open talks with the Mumbai-based auto major to set up an assembly unit of the

In a landmark development, the government has exempted power sector companies from going through the auction route for the allocation of coal blocks for captive use. The move comes even as the Supreme

Spot gold dropped more than 1 percent on Friday to approach $1,711 per ounce, dragged down by euro weakness after a leader of a party in the Greek coalition said he would not vote for measures needed

The Indian government on Friday approved 10.34 billion rupees worth of foreign direct investment proposals, the finance ministry said in a statement.In Images: What's fresh in the New Chevrolet Tavera

Suspected dollar sales by the Reserve Bank of India helped the rupee recover all intraday losses on Friday but the currency still posted its biggest weekly fall in nine weeks. The likely intervention

Tata Chemicals Ltd expects rising input costs to exert pressure on margins, while it sees early signs of demand contraction for soda ash, its chief financial officer said. Tata Chemicals, India's

Reliance Communications reported a 61 percent fall in quarterly profit -- its 10th straight quarter of declining earnings, but in line with market estimates - as the country's second-biggest mobile

India's Rural Electrification Corp is choosing to take on currency exposure of around US$28m a year to save some 170bp on the coupon rate on a rupee bond. The state-run utility has issued a mandate