The Reserve Bank of India, in its notification on compliance functions in banks, has stated that banks senior management would be responsible for establishing a written compliance policy.

Charles Simonyi has touched terra firma again, a couple of inches taller and with a slightly swollen head, after spending a fortnight in space.

Besides Maddivanipalem, a dozen of such 'steel villages' will be set up by steel majors SAIL and Jindal Steel by year-end.

The CPI(M), upset over the closure of Hind Motors in West Bengal, has found a reason to celebrate-the "crisis" in the US automobile industry.

The entertainment industry, facing saturation in terms of content, has turned to the youth. With programmes across channels creating monotony, the industry is betting on movies, shows and channels aimed at the youth.

The DIAL, a special purpose vehicle formed by Hyderabad-based GMR Infrastructure, is planning to go the real estate way to raise Rs 3,000 crore for the development of a new integrated airport terminal in the Capital.

Close on the heels of Tata Steel announcing its fund raising plans to finance its $12.9-billion Corus deal, another group company Tata Power is believed to be giving final touches to raise resources to finance its recently announced acquisition of

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In a scintillating display of manoeuvres, the steel birds possessed by the Indian Air Force treated the family members of airmen and other employees of IAF to a visual feast, at the IAF base near Chennai.

NRI steel tycoon Lakshmi Mittal has earned a staggering £ 4.1 billion during the past one year and retained his position as the richest person in Britain in 2007 with a wealth worth £19 billion.

India was fully on board and committed to take part in the $7 billion Iran-Pakistan-India gas pipeline project, a senior official said.

Amenities such as poolside poker and Jean Georges-prepared meals have made casinos the hottest game around.

More and more employees have a ''work spouse'' at the office.

Prime Minister Manmohan Singh on Saturday said the constraints or bottlenecks of transforming India into a top economic power are "within our economy and polity".

Since the Goods and Service Tax is a combination of excise duty, VAT and service tax, it is difficult to see how it can yield more than what the individual taxes yield.

Earth Day is April 22 this year -- we find the billionaires that use their green to help keep our planet green.

None other than the Prime Minister has commented more than once that the power ministry needs to pull up its socks.

To keep pace with cut-throat competition, an increasing number of hotels are creating "themes" to lure consumers.

The trade policy specifies that "for all goods and services exported from India, services received, rendered abroad, wherever possible, shall be exempted from service tax".

Though it may just be the beginning, Indian steel companies are taking steps to create homes, schools, community halls and bus shelters in steel.