Three persons were on Friday sentenced to 20 years imprisonment by a court here for raping a Japanese tourist on the Jaipur-Ajmer National Highway in February. Three other persons were found guilty of raping the tourist but the quantum of their sentence is yet to be decided by the court of Additional District Judge, Jaipur district, Girish Kumar Ojha who also acquitted three others accused.

Main accused Ajit Singh Choudhary and his two friends Abrar and Wahid were awarded 20-year imprisonment under section 376 D and others. Dharmveer, Ravindra and Rajveer were acquitted while judgement on Ramraj, Shivraj and Ramveer is reserved and awaited, according to public prosecutor Bhanwar Singh.

Brining clarity on minimum alternate tax (MAT) on foreign institutional investment (FII) has failed to stop them from withdrawing their investments in India. After a record outflow in August 2015 of Rs 17,248 crore, FIIs have sold Rs 2,205 crore of shares in the first two days.

FIIs selling have a lot to do with the global selloff in equity markets, but there are other reason too that FIIs are not interested in staying in India. We look at five such reasons.

Private sector lender HDFC Bank is planning to add 100 branches in the eastern region, taking its total tally to 600 branches by the end of ongoing financial year.

Currently, we have about 500 bank branches across the east and by this year we will touch 600, HDFC Bank Branch Banking Head Atul Barve said here today on the sidelines of the launch of film titled Dhanchayat.

Country's largest lender State Bank of India will redeem lower tier II bonds worth Rs 133 crore before maturity as these instruments are gradually being kept out of calculating capital adequacy ratio. These bonds were issued in 2010.

Also, continuing to hold high cost instruments in the sliding interest rate regime made little sense, senior SBI executive said.

The brand Amma would soon see a pan-India expansion, with the Tamil Nadu goverment's Tamil Nadu Salt Corporation (TNSC) planning to launch sales of Amma salt all over India.

According to state government's policy note for the year 2015-16, the sale of Amma salt will be launched in Delhi, Gujarat, Rajasthan, Maharashtra, Punjab, Karnataka, Kerala, Andhra Pradesh, Haryana and Uttar Pradesh shortly.

Eight hundred students and 60 teachers from various schools in New Delhi are interacting with Prime Minister Narendra Modi on Friday on the eve of Teacher's Day along with students from across the country who have excelled in various activities.

PM is meeting students at Manekshaw Auditorium from 10 am to 11.15 am and with students outside through the video conferencing mode.

Maruti Suzuki India Ltd, India's top-selling carmaker, will take shareholders' vote for a new manufacturing plant in Gujarat after receiving the pending government approvals, its chairman said on Friday.

Maruti, controlled by Japan's Suzuki Motor Corp, needs to start operations at the plant in 2017 and it is on schedule to achieve that, R C Bhargava told an annual shareholders meeting.

The Securities and Exchange Board of India (Sebi) will soon have to put in place a framework for listing of stock exchanges, an idea that has been awaiting final approval of the market regulator for the past three years.

This is because the country’s only listed bourse, the Multi-Commodity Exchange (MCX), will de facto be listed under Sebi regulations, once the merger between the market regulator and commodity market regulator gets consummated on September 28.

Total 13 public and private sector banks hit their respective 52-week lows on the Bombay Stock Exchange (BSE) after banking share index, S&P BSE Bankex fell nearly 700 points.

At 09:59 AM, the S&P BSE Bankex, a gauge of public and private sector banks, dipped 669 points or 3.5% at 18,271 against 2.2% fall in the S&P BSE Sensex.

Oil and Natural Gas Corp (ONGC) has paid just over $1.25 billion for a 15% stake in Russian oil major Rosneft's Vankor oil field, a source with direct knowledge of the deal said on Friday.

ONGC expects to get more than 3 million tonnes of oil a year (between 66,000 and 70,000 barrels per day) from its holding in the huge Siberian oil field, the source told Reuters on condition of anonymity.

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