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Saturday, September 18, 2021

Corporation Bank sees scope to cut rates

May 27, 2009 12:55:02 pm

Corporation Bank sees scope to cut lending rates by 25 to 50 bps,a top official said on Wednesday.

High Court denies relief to Maytas Infra

May 27, 2009 12:06:05 pm

Bombay HC has denied any interim relief to Maytas in a dispute related to expansion of NH 68.

Communists put brakes on industry after vote

May 26, 2009 4:36:52 pm

India's communists will limit land acquisition for industry in their heartland state after voters’ anger.

Bharti-MTN largest telecom deal this year

May 26, 2009 3:48:03 pm

The Sunil Mittal-controlled Bharti Airtel and South Africa-based MTN group's proposed USD 23-billion mega deal is the largest global telecommunications transaction and the fourth biggest global M&A deal this year.

MTN funding won’t be onerous: Bharti

May 26, 2009 2:04:56 pm

Bharti which has restarted MTN merger talks said it does not expect funding requirements for the deal to be onerous.

Crunch time looms for GM,Chrysler

May 26, 2009 1:16:18 pm

General Motors,which has received $19.4 billion in government,has been struggling to cut costs.

Gold appreciates to Rs 14,628 per 10 gm

May 26, 2009 1:13:46 pm

Gold futures were slightly higher on Tuesday,supported by a weak rupee,but weak international markets restricted the upside,analysts said.

ONGC to lose Rs 14,000 cr in Cairn’s oilfields

May 25, 2009 3:10:37 pm

ONGC will lose about Rs 14,000 crore if it is forced to continue in Cairn India's Rajasthan oilfields.

Gold appreciates to Rs 14,636 per 10 grams

May 25, 2009 1:21:54 pm

Gold prices improved in the futures markets on Monday by adding 0.54 pct as traders enlarged their positions following depreciating rupee.

Ranbaxy CEO Malvinder Singh quits

May 24, 2009 7:10:01 pm

Atul Sobti,currently Ranbaxy's COO,has been appointed as new CEO and MD of the firm.

Finmin Pranab vows to protect economy

May 24, 2009 5:05:35 pm

New finance minister Pranab said on Saturday he would take steps to protect the economy.

New Govt plans budget by end-July

May 23, 2009 2:02:18 pm

The new Govt hopes to win Parliament approval for the union budget for 2009/10 by the end of July.

Mexico to lay off 700,000 workers in 2009

May 23, 2009 1:46:40 pm

Mexico will lay off around 700,000 of its total workforce in the current year.

First task is to restore growth: PM

May 22, 2009 9:25:33 pm

The first task before the new UPA government is to restore growth of economy.

Indian job mkt showing signs of recovery: Study

May 22, 2009 6:04:31 pm

Amid uncertainty and global gloom,there is good news round the corner.

GM bankruptcy likely next week: Report

May 22, 2009 4:34:45 pm

The US Govt is preparing to steer General Motors into bankruptcy as early as the end of next week.

Indian IT firms see glimmer of hope

May 22, 2009 2:03:26 pm

Financials on the mend is a good news for India's high profile IT outsourcing industry.

Economic crisis: India better placed than US

May 21, 2009 3:31:03 pm

India has been better rated than US in terms of capabilities to tackle raging financial turmoil.

Rupee to rise to 45 by end 2009: Barclays

May 20, 2009 4:27:00 pm

The rupee soared by 4.3 pct to a 5-month peak of 47.27,in three sessions beginning Friday.

Inflation seen at 0.61 pct on May 9

May 20, 2009 1:54:30 pm

Inflation is expected to have risen in early May due to a rise in prices of some primary articles.

PM for pushing reforms,jobs & investment

May 19, 2009 4:09:31 pm

The new Govt will revive economic growth and make it even more inclusive,PM elect said.

ABB UK selects TCS for ERP implementation and support

May 19, 2009 3:14:50 pm

ABB UK has operations in over 12 main locations,with around 2,300 employees.

Strike ends at Nestle’s Pantnagar plant

May 19, 2009 2:33:25 pm

Packaged food maker Nestle India said the strike at its Pantnagar (Uttarakhand) plant has been called-off and workers at the factory have resumed work.

Financial pressure eases on Tata Motors

May 19, 2009 2:00:19 pm

Financial pressure on Tata Motors has eased due to improvement in the automobile market.

Rupee appreciates to 47.47 against dollar

May 19, 2009 9:57:25 am

Rupee,which posted gain of 152 paise on Monday,moved up further by 41 paise to 47.47 a dollar.