GMR Male International Airport Private Limited (GMIAL), a subsidiary of GMR Infrastructure Limited (GMR), has claimed $803 million (around Rs 4,987 crore) from the Maldivian government for 'wrongfully' terminating the international airport contract in that country's capital.

According to filing with bourses, the Indian infra major said, in addition to that, a plea for award of further damages for loss of reputation caused to GMR as a consequence of wrongful repudiation of the Concession Agreement has also been made to the Arbitral Tribunal in Singapore.

Maruti Suzuki India’s grip on the country’s car market tightened in October with six of its models, including the newly launched mid-sized sedan Ciaz, featuring in the top 10 selling brands in the month.

According to the Society of Indian Automobile Manufacturers Association (SIAM) while entry level model Alto continues to lead the best selling model chart, Maruti’s compact sedan Dzire moved up to the second spot ahead of popular premium compact Swift, which has slipped to the fourth spot behind WagonR.

State Bank of India (SBI) today reclaimed its position as the country's most valued bank with a total market valuation of over Rs 2.25 lakh crore, surpassing private sector player HDFC Bank.

At 1008 hours, shares of SBI gained 2.2% to Rs 304 on BSE, taking its market value to Rs 226,734 crore, making it the overall sixth most valued company.

India’s top batsman Virat Kohli has asked the public to use common sense on his much talked about relationship with actress Anushka Sharma, saying they indeed are seeing each other and their privacy should be respected.

It is out in the open (Jo hai sabke saamne hai abhi). We are not hiding anything, we are not trying to hide anything. I don’t want to hide anything. But if you get repeatedly asked on the same thing and if it is made a matter of debate then both the individuals don’t feel it is right, said Kohli at the launch of his fashion line in Mumbai.

In a humiliation 12 days before retirement, Central Bureau of Investigation (CBI) Director Ranjit Sinha was on Thursday removed by the Supreme Court from the telecom scam cases, saying the allegations against him of protecting some accused appear to be prima facie credible.

Prima facie, the allegations made in the application (by non-governmental organisation Centre for Public Interest Litigation against Sinha of scuttling a probe) are credible and required to be accepted, the court said.

A doctor in Mali died of Ebola after treating an imam who succumbed to the disease, taking the total toll in the west African country up to seven, health authorities have said.

The World Health Organisation said the virus was 'almost certainly re-introduced into Mali by a 70-year-old Grand Imam from Guinea, who was admitted to Bamako's Pasteur clinic on 25 October and died on 27 October'.

Kotak Mahindra Bank has surged 7% to Rs 1,242, extending its previous day’s 7% rally on National Stock Exchange (NSE), after the Kotak Mahindra Bank announced it was acquiring ING Vysya Bank in an all-stock deal.

ING Vysya Bank shareholders will get 725 Kotak Mahindra Bank shares for every 1,000 shares they hold.

Benchmark indices are likely to open lower tracking the weakness in select Asian markets which remain subdued despite sharp overnight gains on Wall Street.

At 8:35AM, the early indicator SGX Nifty was down 3 points at 8,420.

Shares of Yes Bank is trading higher by 4% at Rs 700 on NSE after the Reserve Bank of India (RBI) said foreign institutional investors (FIIs) can buy equity shares in private lender as shareholding by foreign investors has gone below the prescribed limit.

On November 20, the RBI notified that it has removed Yes Bank from its caution list as the aggregate share holdings in bank by Foreign Institutional Investors (FII)/Registered Foreign Portfolios Investors (RFPI)/Non-Resident Indians (NRI)/Persons of Indian Origin (PIO) and through American Depository Receipts (ADR)/Global Depository Receipts (GDR)/Foreign Direct Investment (FDI) have gone below the prescribed threshold caution limit stipulated under the extant FDI policy.

CHENNAI: Nearly two months after her conviction and sentencing in the wealth case, AIADMK chief J Jayalalithaa is back in action with a series of measures to restructure the party and strengthen it in the run-up to the 2016 assembly election. The move is also aimed at reinforcing her position within the party despite the legal setback and meant to convey to the rank and file that she is still at the helm.

Inviting Real Estate Agents, Job Placements Agents, Educational Institutes, Software Service Providers, Real Estate Builders, Marriage Bureaus, Travel Agents, Restaurant Owners, Health & Fitness Centers and other Local Businesses to Post a FREE Classified Advertisement on Cootera.com Classifieds Website.