Arundhati Bhattacharya, 60, was due to complete her current three-year term on October 6.
Reliance Communications on Saturday said its CEO Vinod Sawhny has stepped down, and William Barney and Gurdeep Singh will take over as acting Co-CEOs with immediate effect.
Oil Minister Dharmendra Pradhan had on August 31 said that the ministry, as per an order of the Delhi High Court which ONGC had approached to seek compensation for its gas, has one month to decide on the issue from the date of presentation of the report.
The Securities and Exchange Board of India (Sebi) on Friday exempted Azim Premji-controlled Apex Trust and his son Rishad Premji from making an open offer to Wipro's public shareholders with regard to their stake going up due to a rejig in shareholding of three other promoter entities.
Punjab National Bank, India's second largest public sector lender, has revised its marginal cost of funds-based lending rates, which would be in the range of 9.05 per cent to 9.60 per cent from October 1.
Oil and Natural Gas Corporation will invest Rs 34,012 crore ($5.11 billion) in four years to develop cluster 2 of east coast deep water block, the company said in a tweet on Friday.
Bharat Petroleum has launched a tender seeking three liquefied natural gas (LNG) cargoes in total, trade sources said.
Stepping up action in the Rs 5,600-crore NSEL money laundering case, the Enforcement Directorate attached assets worth Rs 1,170 crore of Financial Technologies India Ltd (FTIL).
PACL, which had raised money from the public in the name of agriculture and real estate businesses, was found by Sebi to have collected these funds through illegal collective investment schemes over 18 years.
Cognizant said it was investigating whether certain payments relating to its facilities in India were made improperly.
Terming the auctions as a "great opportunity to tank up on spectrum", Telecom Secretary J S Deepak said not doing so will place operators at a competitive disadvantage vis-a-vis others.
Lupin has about a dozen new products ready for export to the U.S. from the Goa facility, each worth about $20 million to $30 million in revenue, that have been delayed, Managing Director Nilesh Gupta said.
The aim of the collaboration is to "provide an effective alternative to the current front-line anti-malarial drugs for treatment of uncomplicated P falciparum malaria and artemisinin-based combination therapies (ACTs), which are under threat of resistance".
E-commerce players in India are bound to succeed because of huge market opportunities, and the coming Diwali season will be a pointer to where this space is headed, says Infosys co-founder Nandan M Nilekani.
The move to sell off the German giant's stock, which affected shares traded in Frankfurt, New York and elsewhere, also helped drag down the US markets overall.
In March this year, Ford Motor Company had announced creation of Ford Smart Mobility LLC to design, build, grow and invest in emerging mobility services.