The long-drawn dispute between the two Ambani brothers took another turn on Sunday, with both Mukesh Ambani and Anil Ambani saying all disagreements can be sorted in a cordial and conciliatory manner.

As if rejecting the truce offer made by Anil Ambani to estranged brother Mukesh, Reliance Industries Limited sources on Sunday said this was yet another attempt to present corporate dispute as a family feud.

In a surprise move, industrialist Anil Ambani on Sunday reached out to estranged elder brother Mukesh saying all disagreements can be sorted out in a cordial and conciliatory manner.

Till a few months ago, hiring was a strict no-no for investment banks. On the contrary, they were scaling back staffing plans in India given the dearth of merger and acquisition activity and stagnant capital markets.That is changing rapidly with

The Ministry of Information and Broadcasting is planning to put stringent entry-level restrictions on broadcasters launching new television channels.

Institute of Chartered Accountants of India has sought broad-ranging information about the association of its member institutions with foreign auditing firms.The move assumes significance following the accountancy fraud by the promoters of Satyam Computers that brought the role of auditors

The Securities and Exchange Board of India plans to tighten guidelines under which promoters make preferential allotments of warrants.