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Monday, December 06, 2021

Maruti launches Ritz; priced at Rs 3.90-4.99 lakh

May 15, 2009 12:43:47 pm

Maruti Suzuki India,launched its latest small car Ritz in both petrol and diesel variants,offered at an introductory price of Rs 3.90-4.99 lakh.

Blackberry wins domain dispute against Indian firm

May 14, 2009 4:31:40 pm

Research In Motion,the maker of Blackberry smart phones,has clinched victory in an internet domain name dispute against an Indian firm at the World Intellectual Property Right Organisation.

340 independent directors quit in 2009

May 14, 2009 3:29:15 pm

As many as 340 independent directors resigned so far this year,fearing for their reputation.

Business confidence in India rises: KPMG

May 14, 2009 1:35:37 pm

The confidence of service sector in BRIC countries has witnessed a sharp rise,KPMG says.

Exit won’t relieve ONGC of levy on Raj crude

May 14, 2009 1:11:36 pm

Even if it quits the Rajasthan oil fields,ONGC will be under obligation to pay govt levies.

Inflation falls to 0.48 per cent

May 14, 2009 12:04:28 pm

After increasing for three consecutive weeks,inflation fell to 0.48 per cent.

Inflation seen at 0.3 pct on May 2

May 13, 2009 2:06:13 pm

Inflation is expected to have fallen back at the start of May after rising in previous 3 weeks.

DLF to raise Rs 3980 cr by selling 10% stake

May 13, 2009 11:01:45 am

The founders of DLF on Wednesday sold around 11 pct of their stake,raising more than $800 mn.

Rupee appreciates to 49.25 against dollar

May 13, 2009 10:20:39 am

Rupee appreciated by 5 paise against US currency on expectations of fresh capital inflows.

‘Citi using bailout money to make loans’

May 12, 2009 1:50:49 pm

Citigroup,the bank bailed out with $45 bn,is using all of that money to make new loans.

RBI says arrested rate of growth decline

May 12, 2009 8:58:45 am

Measures taken by RBI have arrested rate of decline in economy,one of its deputy gov said.

Ford to sell 300 mn common shares

May 12, 2009 8:56:51 am

Ford Motor said that it would sell 300 mn common shares to pay off its healthcare obligations.

Big US banks selling stock to repay govt

May 12, 2009 8:54:49 am

Four big US banks said they would sell $6.55 bn of common stock and repay bailout funds.

Oil holds above $58 per barrel

May 12, 2009 8:52:40 am

Oil prices fell for a second straight day,consolidating after touching a six-month peak.

Maruti to increase R&D headcount to 1,000

May 11, 2009 4:07:03 pm

Maruti Suzuki India,will be increasing headcount in its R&D division to 1,000 by end of March 2010.

Sensex closes over 193 points down

May 11, 2009 3:55:31 pm

After a bright start,Sensex pared gains for second consecutive day,losing over 193 points.

‘GM bankruptcy almost inevitable’

May 11, 2009 11:15:18 am

For GM,the task at hand is so difficult that experts say bankruptcy filing is all but inevitable.

Tata Steel may shut Teesside plant

May 8, 2009 2:27:41 pm

Tata Steel has opened talks which might lead to the closing of plant in England and large job cuts.

Economy to grow 7-7.5 pct: Plan Panel

May 8, 2009 12:35:23 pm

India will expand at 7-7.5 pct in current fiscal that began in April,a PlanComm member said.

Rupee rebounds to 49.25 against dollar

May 8, 2009 10:40:49 am

The Indian rupee pulled back from early lows on Friday,tracking a drop in the dollar index.

Oracle won’t divest Sun’s hardware biz

May 8, 2009 10:31:02 am

Oracle Corp CEO Larry Ellison said he won't sell off Sun Microsystems Inc's hardware business.

GM posts $10 billion Q1 loss

May 7, 2009 4:43:01 pm

GM said it burned through $10.2 billion in the first quarter,operating under a federal bailout.

JLR’s talks with UK govt close to collapse

May 7, 2009 2:33:12 pm

The fate of JLR is uncertain as talks with UK govt over a financial package has virtually failed.

Inflation seen at 0.65 pct on April 25

May 6, 2009 4:13:44 pm

The annual inflation rate is expected to have risen for the third consecutive week in late April.

AIG reveals $454 mn in 2008 bonuses

May 6, 2009 11:05:04 am

Some of the retention bonuses were returned by employees after the firestorm of criticism.