Hero Honda Motors,on Tuesday reported a 34.4 pct rise in quarterly net profit,beating forecast.
Any decision on Citi's leadership would be led by Treasury,which is about to take a 36% stake.
NASSCOM said the export revenue target of 50 billion dollar by 2010 will be delayed.
The energy major's profit before tax declined to Rs 272.54 crore in the nine-month period ended December 31,2008,from Rs 689.63 crore in the year-ago period.
French auto major Renault has put on hold indefinitely its plans to introduce its cars in the Indian market on account of global slowdown.
TCS declared a 7 per cent rise in net profit for the fourth quarter of 2008-09,at Rs 1,333 crore.
Stocks of banking firms,including SBI and ICICI,dipped as much as 4% in the morning trade.
Rupee on Tuesday depreciated by 27 paise at 50.57 against the US currency in early trade.
Oracle Corp said it will buy Sun Microsystems for $9.50 a share,valuing Sun at more than $7 bn.
State-run oil refiners are likely to cut diesel imports and buy from Reliance Industries.
Tech Mahindra said on Monday Satyam would continue to function as a standalone unit.
Pepsi is offering about $6 bn to buy shares it does not already own in its two largest bottlers.
SpiceJet will raise fuel surcharge by up to Rs 300 after similar moves by Jet and Kingfisher.
The weekly investing magazine noted Nintendo shares have been hit since the company reduced its expectations.
Manmohan Singh said India could regain its annual growth rate of 8 to 9 per cent.
The country's 10 most valued firms added over Rs 28,500 crore to their market capitalisation last week.
Satyam Computer founder Raju falsified accounts to the tune of Rs 7,000 crore through fictitious Fixed Deposits.
Private carrier Jet Airways has hiked fuel surcharge on domestic flights by up to Rs 300.
In order to reach out to first time users,Intel India launched an Internet Mela to showcase Netbooks.
India's economic growth rate is expected to fall drastically to 3.4 per cent this year.
Vodafone Essar has raised a debt of about Rs 10,000 cr from SBI to fund network expansion plans.
CBI found that balance sheets were inflated by Rs 5,020 cr almost the same disclosed by Raju.
Japan's electronics giant Toshiba Corp said it will cut an additional 3,900 temporary jobs by end of fiscal 2009.
The country's largest private-sector banking conglomerate,ICICI Bank,is in for a major top- management shake-up.
Wall Street shed 3,100 workers in March,shrinking New York City's most important generator of jobs to just 169,200 people.