Business News

Last updated: Friday, May 22, 2015 4:44:03 PM

India's inflation falls further to 8.4 percent
New Delhi, Dec 4 (IANS) 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 to a fall in prices of petroleum fuels, according to fresh data released Thursday.

Thursday, December 04, 2008 5:25:14 PM

Wipro stalemate in Kolkata over, selected candidates backtrack
Kolkata, Dec 4 (IANS) The stalemate between information technology (IT) company Wipro and engineering students who were offered jobs as technical support engineers in the company's business process outsourcing (BPO) department in West Bengal was resolved Thursday with the selected candidates agreeing to the offer.

Thursday, December 04, 2008 5:05:11 PM

Assocham opposes cross-media ownership, calls for regulations
New Delhi, Dec 4 (IANS) Industry lobby Associated Chambers of Commerce and Industry (Assocham) Thursday expressed its opposition to cross-media ownership that allows companies to own different branches of media, and urged telecom regulator to introduce fresh regulations for media.

Thursday, December 04, 2008 4:59:12 PM

Security upped after air borne attack warning in India
New Delhi, Dec 4 (IANS) Security at major airports in India was heightened Thursday after warnings of hijacking and terror strikes from the Deccan Mujahideen, a hitherto unknown terror outfit that claimed the responsibility of the Mumbai attacks last week, officials here said.

Thursday, December 04, 2008 4:47:11 PM

India's Sensex gains 482 points on rate cut hopes
Mumbai, Dec 4 (IANS) Indian equities markets shook off some initial hesitation Thursday morning and surged rest of the day on expectations of rate cuts with a key index finishing more than 482 points higher to once again breach the psychologically important 9,000 mark.

Thursday, December 04, 2008 4:39:07 PM

Bajaj Auto sales dip 32 percent in November
New Delhi, Dec 4 (IANS) Bajaj Auto Ltd, the country's second largest two-wheeler maker, Thursday reported a 32 percent fall in its total sales in November, thanks to a credit squeeze that has hit hard the auto industry.

Thursday, December 04, 2008 4:25:07 PM

Cabinet approves Konkan Railways' financial restructuring
New Delhi, Dec 4 (IANS) The cabinet committee on economic affairs Thursday approved the financial restructuring of Konkan Railways Corp (KRCL) by the railways ministry.

Thursday, December 04, 2008 4:19:18 PM

Equities gain, Sensex up 482 points to cross 9,000
Mumbai, Dec 4 (IANS) Indian equities markets bounced back Thursday on rate cut expectations and after some initial hesitation surged throughout the day, with a key index finishing more than 482 points higher to once again breach the psychologically important 9,000 mark.

Thursday, December 04, 2008 4:14:18 PM

FDI of Rs.8.05 bn approved in Shriram Retail Holdings
New Delhi, Dec 4 (IANS) A cabinet panel Thursday approved foreign direct investment of Rs.8.05 billion in Shriram Retail Holdings Private Limited by TPG India Investments of Mauritius.

Thursday, December 04, 2008 3:32:35 PM

India may exceed 2020 nuclear power target: Kakodkar
New Delhi, Dec 4 (IANS) India is expected to exceed the nuclear power target of 20,000 MW by 2020, thanks to the removal of curbs on the import of technology and fuels by the international community, says a top scientist in India's nuclear establishment.

Thursday, December 04, 2008 3:27:30 PM

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