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Beginning March 29, global investors will be able to trade on derivatives contracts on select Indian sectors on the Singapore Exchange (SGX), in addition to on the Indian bourses. On Tuesday, NSE, India’s largest bourse, and SGX signed an agreement to launch futures contracts on Nifty Bank Index.

Vijay Mallya may be a pariah today with both the Congress and the BJP disowning him, but there was a time when who’s who of India had served his Kingfisher Airlines (KFA) as its independent directors. They Began Deserting Mallya As Carrier’s Fortunes Tanked.

The popularity of limited liability partnerships (LLPs) may diminish from April 1, as the Finance Bill has inserted a new clause which restricts the tax neutrality on conversion of private companies into LLPs. This has resulted in a sudden rush of companies which wish to convert into LLPs.

The Enforcement Directorate (ED) is learnt to have got a couple of crucial leads while examining bank documents in the Rs 900-crore money laundering case connected with the defunct Kingfisher Airlines case. Officials said that they manage to get the leads while examining a complex bank transaction.

U.S. Nobel laureate and economist Joseph Stiglitz said Wednesday that he had advised Japan’s Prime Minister Shinzo Abe to delay a sales tax increase scheduled for next year and focus more on fiscal spending to boost a recovery from recession. Abe is meeting with foreign economists to help him prepare ...

Three energy giants Tuesday told Germany’s top court that they should be compensated for the nuclear phase-out Chancellor Angela Merkel’s government decided after the Fukushima disaster started five years ago. Energy giants E.ON, RWE and Sweden’s Vattenfall want the Constitutional Court to rule that the move amounted to an “expropriation” ...

Foxconn Technology Group is delaying finalization of its deal for Sharp Corp. to get a clear understanding of the Japanese company’s performance in the current quarter, increasing the chances an agreement won’t be reached this month, according to sources. Foxconn, which agreed to pay more than ¥600 billion ($5.3 billion) ...

Volkswagen AG was sued for €3.3 billion ($3.7 billion) over how the company informed markets about devices used to hide pollution in diesel engines, its biggest legal challenge in Germany to date after a wave of lawsuits in the U.S. on the scandal. The case was filed Monday in Braunschweig ...

Tehran’s recent ballistic missile tests did not violate a U.N. resolution and were not illegal, Foreign Minister Mohammad Javad Zarif said March 15 after being questioned on the issue by Australia

Administration eases travel, banking restrictions ahead of Obama visit.