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Eight American banks collapse in Feb

February 22, 2009 1:08:55 pm

As the financial woes mount in US,the number of failed American banks are climbing.

India invited for G20 meet on global crisis

February 21, 2009 3:19:32 pm

PM Singh is among the top world leaders who have been invited for the Second G20 Summit.

Sensex dips by over 8% on negative factors

February 21, 2009 2:04:30 pm

Sensex registered a fall of 8.22 per cent during the week under review.

Minor improvement in job scenario: Naukri

February 20, 2009 5:00:03 pm

The overall job scenario in the country has seen marginal improvement on month-on-month basis.

RBI staff strike disrupts bonds trading

February 20, 2009 11:01:03 am

More than 21,000 employees at RBI began a one-day strike to protest against pension plans.

Sony CEO Kunal Dasgupta quits amid IPL controversy

February 19, 2009 4:42:37 pm

Kunal Dasgupta has quit SET at a time when it is trying to settle on-air sponsorship row with Indian Premier League.

Can grow in tough market: Airtel

February 18, 2009 10:06:30 am

Airtel says the company can continue to grow market share and is not worried by new entrants.

Govt to sack boards of twin Maytas firms

February 17, 2009 8:47:45 pm

A day after handing over Satyam probe to CBI,the Government on Tuesday moved Company Law Board (CLB) to supercede the boards of Maytas Infra and Maytas Properties,the two firms promoted by the kin of disgraced promoter of Satyam Computer B Ramalinga Raju.

Investors continue pull out from India

February 17, 2009 6:42:37 pm

Global investors continued their flight from India-focused equity funds for the fourth week in a row.

HDFC may cut lending rates: Chairman

February 17, 2009 5:25:41 pm

Housing Development and Finance Corp. may cut lending rates if the cost of funds falls.

Mkts remain bearish,Sensex down 270 pts

February 17, 2009 4:35:27 pm

The Sensex on Tuesday tumbled by over 270 points on sustained selling pressure.

It is a fraud: Sunil Mittal on ‘Satyam case’

February 17, 2009 2:23:40 pm

Nobody can do anything if someone is contemplating fraud,Sunil Mittal said on 'Satyam case'.

California to lay off 20,000 state workers

February 17, 2009 11:53:13 am

California,which is on the brink of running out of cash,will notify 20,000 state workers on Tuesday their jobs may be eliminated.

IT industry facing unprecedented crisis: Nilekani

February 16, 2009 8:59:02 pm

India's IT industry is facing an unprecedented crisis,Infosys Co-Chairman Nandan M Nilekani has said.

Oil firms cut ATF prices by 3.7%

February 15, 2009 4:45:02 pm

Public sector oil companies slashed jet fuel or ATF prices by 3.7 per cent,the tenth reduction since September.

Top 10 firms gain Rs 31K cr in a week

February 15, 2009 2:53:26 pm

The country's top 10 firms added over Rs 31,000 crore to their combined market valuation in the past week.

Indian ADRs lose $2.5 bn in a week

February 15, 2009 1:13:39 pm

Indian stocks trading on US bourses witnessed a value erosion of 2.5 billion dollars in one week.

Ambani,Premji to meet US Prez Obama today

February 13, 2009 2:09:22 pm

Billionaire businessmen Mukesh Ambani and Azim Premji will be meeting US President Barack Obama today.

Railways to invest Rs 2.3 lakh crore in FY10

February 13, 2009 1:51:30 pm

Railways will invest Rs 2,30,000 crore during the 11th Plan period to improve its rolling stock.

Railways see higher steel traffic in Dec,Jan

February 13, 2009 12:35:07 pm

India saw some improvement in transport by rail of steel during the months of Dec and Jan.

Bid process to be defined in 7-10 days: Satyam

February 12, 2009 3:22:35 pm

Satyam board expects to outline the bidding process in the next 10 days time,Karnik said.

House and Senate agree on $789.5 bn package

February 12, 2009 10:45:37 am

Leaders of the Senate and House of Representative agreed on a $789.5-billion stimulus package.

Tokyo shares down 2.34 pct

February 12, 2009 9:50:41 am

The TSE benchmark Nikkei-225 index fell 186.27 points,or 2.34 per cent,to 7,759.67.

Inflation seen at 4.43 pct on Jan 31

February 11, 2009 12:30:45 pm

Inflation rate is forecast to have fallen to its lowest in over a year at the end of January.

Satyam Board to meet on Feb 12; to talk funding

February 10, 2009 2:48:10 pm

Satyam Board will meet in Mumbai with further funding options and legal issues likely to top its agenda.

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