Aban Offshore plans to seek shareholders' approval to raise funds to the tune of Rs 4,300 crore this month, in what is perceived to be a positive move, but not positive enough to perk up the stock.

Swiss lender UBS on Thursday said a trader had lost around $2 billion from unauthorised trades, warning it might post a loss in the third quarter as it struggles to rebuild credibility after years

The rupee slipped to a near two-year low against the dollar, as the euro zone crisis worsened, weakening the euro and emerging market currencies. Mitul Kotecha, managing director

I sold a property for Rs 3 crore. My chartered accountant says I will be taxed at 20 per cent with indexation. But tax can also be computed without it. Can the proceeds be indexed? If yes,