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BOSTON (Reuters) - The Los Angeles fire and police pension system voted to terminate Fisher Investments on Thursday over allegedly sexist comments made by founder Ken Fisher earlier this month. Five of the system’s nine commissioners…

FM Nirmala SitharamanFinance Minister Nirmala Sitharaman on Thursday said she is making efforts to resolve differences between the Corporate Affairs Ministry and Enforcement Directorate over attachment of properties of a company under…

India’s shadow-banking sector has been under stress since the collapse of infrastructure lender Infrastructure Leasing and Financial Services (IL&FS) in September last year. Traditionally, banks have been among the largest providers…

The IPO received bids for 225.39 crore shares as against the issue size of 2.01 crore shares.Shares of Indian Railway Catering & Tourism Corporation (IRCTC) that made a stellar debut earlier this month, are on an upward trajectory,…

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FILE PHOTO: Daniel S. Loeb, founder of Third Point LLC, participates in a panel discussion during the Skybridge Alternatives (SALT) Conference in Las Vegas, Nevada May 9, 2012. REUTERS/Steve Marcus/File PhotoBOSTON (Reuters) -…

The move is expected to attract investment in the sector after lower-than-expected interest was shown by private oil companies to invest in the segment even after the deregulation of auto fuel prices.The Cabinet Committee on Economic…

The ED case of money laundering was based on the FIR registered by the EOW.HDIL promoters Rakesh Wadhawan and his son Sarang, arrested in connection with the Rs 4,355-crore PMC Bank scam, were remanded to judicial custody on Thursday by…

Even as the situation is not as bad as some of the people are making out, the government should take steps to remove fear in the business community, Rakesh Jhunjhunwala said.Even as the economy sees a slowdown, Big Bull Rakesh…

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