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Hero Honda Q4 net up 34.4 pct

April 21, 2009 4:26:43 pm

Hero Honda Motors,on Tuesday reported a 34.4 pct rise in quarterly net profit,beating forecast.

Pandit’s future in Citi hangs in balance

April 21, 2009 2:30:17 pm

Any decision on Citi's leadership would be led by Treasury,which is about to take a 36% stake.

IT export target will be delayed: NASSCOM

April 21, 2009 2:06:37 pm

NASSCOM said the export revenue target of 50 billion dollar by 2010 will be delayed.

Suzlon posts net loss of Rs 52.3 cr for period ending Dec 31

April 21, 2009 1:42:25 pm

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.

Renault puts India car launch plans on hold indefinitely

April 21, 2009 12:13:36 pm

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 net up 7 pct; to give 1:1 bonus

April 21, 2009 12:01:23 pm

TCS declared a 7 per cent rise in net profit for the fourth quarter of 2008-09,at Rs 1,333 crore.

Bank stocks witness nervous trading

April 21, 2009 10:59:01 am

Stocks of banking firms,including SBI and ICICI,dipped as much as 4% in the morning trade.

Rupee depreciates to 50.57 against dollar

April 21, 2009 10:34:26 am

Rupee on Tuesday depreciated by 27 paise at 50.57 against the US currency in early trade.

Oracle to buy Sun Micro for $9.50/share

April 20, 2009 5:14:44 pm

Oracle Corp said it will buy Sun Microsystems for $9.50 a share,valuing Sun at more than $7 bn.

State firms to buy Reliance fuel: Govt

April 20, 2009 4:56:21 pm

State-run oil refiners are likely to cut diesel imports and buy from Reliance Industries.

Satyam to be standalone unit: Tech Mahindra

April 20, 2009 4:50:34 pm

Tech Mahindra said on Monday Satyam would continue to function as a standalone unit.

PepsiCo offers $6 billion for bottlers

April 20, 2009 11:38:09 am

Pepsi is offering about $6 bn to buy shares it does not already own in its two largest bottlers.

After Jet,Kingfisher; SpiceJet to raise fares

April 20, 2009 10:58:15 am

SpiceJet will raise fuel surcharge by up to Rs 300 after similar moves by Jet and Kingfisher.

Nintendo shares oversold: Report

April 20, 2009 10:55:12 am

The weekly investing magazine noted Nintendo shares have been hit since the company reduced its expectations.

India could grow @8 to 9%: PM

April 19, 2009 3:45:15 pm

Manmohan Singh said India could regain its annual growth rate of 8 to 9 per cent.

Top 10 cos add Rs 28k cr last week

April 19, 2009 2:19:06 pm

The country's 10 most valued firms added over Rs 28,500 crore to their market capitalisation last week.

Satyam paid taxes on fake earnings: SFIO

April 19, 2009 1:47:46 pm

Satyam Computer founder Raju falsified accounts to the tune of Rs 7,000 crore through fictitious Fixed Deposits.

Jet hikes fuel surcharge by up to Rs 300

April 18, 2009 4:06:35 pm

Private carrier Jet Airways has hiked fuel surcharge on domestic flights by up to Rs 300.

Internet mela to drive PC penetration

April 18, 2009 3:34:50 pm

In order to reach out to first time users,Intel India launched an Internet Mela to showcase Netbooks.

‘India’s GDP to fall to 3.4% in 2009’

April 17, 2009 6:31:19 pm

India's economic growth rate is expected to fall drastically to 3.4 per cent this year.

Vodafone Essar raises Rs 10,000 cr loan

April 17, 2009 4:04:35 pm

Vodafone Essar has raised a debt of about Rs 10,000 cr from SBI to fund network expansion plans.

CBI corroborates Raju’s version of Satyam

April 17, 2009 4:01:27 pm

CBI found that balance sheets were inflated by Rs 5,020 cr – almost the same disclosed by Raju.

Toshiba to cut 3,900 temporary jobs

April 17, 2009 3:08:55 pm

Japan's electronics giant Toshiba Corp said it will cut an additional 3,900 temporary jobs by end of fiscal 2009.

PE,life insurance chiefs may quit ICICI group

April 17, 2009 2:18:37 pm

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

April 17, 2009 1:45:17 pm

Wall Street shed 3,100 workers in March,shrinking New York City's most important generator of jobs to just 169,200 people.

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