 'Services sector will prop growth rate'
New Delhi, Dec 28 Despite the global economic slowdown, some segments of India's services sector, including IT, education and organised retail, re... |
Industry calls for push to affordable housing
New Delhi, Dec 28 Describing the government's decision to provide 5 percent interest subsidy on housing loans taken by the economically weaker sec... |
Realty Bubble has burst
New Delhi, Dec 28 The five-year boom in India's realty industry came to a crashing halt in 2008, following an acute liquidity crunch, falling sale... |
Satyam's UK client files lawsuit
Bangalore/Mumbai, Dec 19 A British firm, which is an old client of Satyam Computer Services, Friday filed a lawsuit in a US county court against t... |
Probe into Satyam Computers
Mumbai, Dec 19 Satyam Computers, which is planning to buy back shares to regain investor confidence, saw its scrip slide again in Friday morning t... |
Citi cannot sell its Polaris stake to IT rivals
Chennai, Dec 18 Amid rumours that Citigroup wants to sell a part of its 43 percent stake in Polaris Software, the other prime shareholder has poin... |
Arun Sarin for Yahoo CEO?
New York, Dec 9 Indian American Arun Sarin, who recently moved out as the Vodafone Group CEO, is leading the race for the job of CEO for Yahoo, t... |
Vodafone to take tax case to Supreme Court
New Delhi, Dec 5 Telecom giant Vodafone Friday said it would challenge the government decision to impose capital gains tax on it following its acq... |
Inflation drops further to 8.4 percent
New Delhi, Dec 4 India's annual rate of inflation dropped further to 8.4 percent for the week ended Nov 22 from 8.84 percent the week before due t... |
Taj hotel premises handed back to Tata group
Mumbai, Dec 1 Indian Hotels, owners of the terror-struck-and-ravaged Taj Mahal Palace and Towers Hotel here, began the risk assessment of their pr... |
ArcelorMittal to cut 9,000 jobs worldwide
Luxembourg, Nov 27 Steel-making giant ArcelorMittal might slash up to 9,000 jobs across the globe, approximately three percent of its total workf... |
Citigroup 'went wrong' on realty: Vikram Pandit
New York, Nov 26 Virtually blaming the previous management for the mess within Citigroup Inc, its Indian-American chief executive Vikram Pandit sa... |
Finance minister sees banks reduce lending rates
New Delhi, Nov 25 Finance minister P. Chidambaram Tuesday said private sector banks would have to reduce lending rates after state-owned banks cut... |
India will remain second-fastest growing economy: PC
New Delhi, Nov 24 India faces a difficult situation because of the global financial crisis and may even witness a slowdown, but its economy was no... |
Sensex down 322 points
Mumbai, Nov 20 Indian equities markets ended deep in the red once again Thursday, with a key index dipping by more than 322 points to finish below... |
Inflation drops further to 8.9 percent
New Delhi, Nov 20 Helped by a drop in prices of fuels and manufactured products, India's annual rate of inflation fell further to 8.9 percent for ... |
'No job cuts, but hiring to dip in IT industry'
Bangalore, Nov 19 The Indian IT industry will retain employees but will go slow on hiring this fiscal (2008-09) following declining growth rate, t... |
Rate cuts to happen soon: ICICI chief
New Delhi, Nov 18 ICICI Bank, India's largest private sector bank, believes interest rates would come down further. |
No more firing, or hiring, at Kingfisher Airlines
New Delhi, Nov 17 Kingfisher Airlines Monday said while it would not lay off employees, it would also not hire new people as long as the current d... |
Tax dirty energy, give us the money: Suzlon
New Delhi, Nov 17 Those producing energy by using 'dirty' coal and 'dirty' diesel should be taxed for it and the money given to those generating a... |
ICICI chief urges RBI to cut interest rates
New Delhi, Nov 16 The head of India's largest private lender ICICI Bank Sunday called upon the Reserve Bank of India (RBI) to further slash key in... |
As crisis goes global, is US reaching out?
Washington, Nov 15 (DPA) A summit of leaders of the world's 20 largest economies, which will Saturday begin the process of rebuilding the global fi... |
Sensex ends 150 points in the red
Mumbai, Nov 14 Despite opening strong, Indian equities markets fell once again Friday on weak global cues and a key index finished with losses of ... |
Mukesh Ambani beats Mittal
New Delhi, Nov 13 Plunging stock and property values because of the global financial crisis has pushed steel tycoon Lakshmi Nivas Mittal to second... |
Software lobby to talk to union on layoffs
New Delhi, Nov 12 The software industry is willing to talk to the sector's trade union on layoffs and other work-related issues, a top official of... |
'Gold prices may go up soon'
Panaji, Nov 11 The rising demand for gold in Europe may soon lead to a temporary shortage of the yellow metal in India, sparking a sudden rise in ... |
Economic slowdown will not be significant: PM
New Delhi, Nov 11 Emphasising that the Indian economy continued to be on a sound footing, Prime Minister Manmohan Singh has said that a slowdown, ... |
'Indians want quality products at low rates'
New Delhi, Nov 11 After 13 years of selling its products in the country, Oriflame India, the wholly owned subsidiary of Swedish direct selling com... |
Sensex down 300 points
Mumbai, Nov 11 After two days of gains, bears were again on the rampage in Indian equities markets Tuesday and a key index opened more than hundre... |
India's IT industry is safe: Nasscom
Chandigarh, Nov 10 India's IT industry does not need to worry about the current economic downturn as 'we have a strong knowledge base' and the est... |
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