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Wednesday, January 26, 2022

S&P may downgrade India’s rating

June 9, 2009 6:17:56 pm

Global rating agency Standard & Poor's said it may downgrade India's sovereign rating.

Eureka Forbes teams with IBM to transform its business and IT

June 8, 2009 5:42:22 pm

As part of the deal,IBM will provide business consulting,package implementation,infrastructure and application management services to Eureka Forbes.

Govt has scope for asset sales: Montek

June 8, 2009 4:22:49 pm

The govt has scope to raise funds through asset sales of state-run firms,Ahluwalia said.

India stresses resuming Doha talks

June 8, 2009 4:20:01 pm

Disagreement between India and US over reduction in tariffs led to collapse of talks in Geneva.

Alcatel-Lucent celebrates ‘International Days of Caring’ in India

June 8, 2009 3:01:49 pm

Alcatel-Lucent celebrated the International Days of Caring (IDOC) in India on June 6,2009.

Global airline losses to hit $9 bn in 2009: IATA

June 8, 2009 12:08:46 pm

Global airlines are likely to lose $9 bn this year as rising fuel create an unprecedented crisis.

Top-10 firms add Rs 29k cr in a week

June 7, 2009 2:17:40 pm

The country's top 10 firms added Rs 29,000 crore to their market capitalisation last week.

GM India launches Spark LPG version

June 7, 2009 2:03:59 pm

General Motors India launched the LPG version of its small car Spark in the country.

SBI to double its branch network in Singapore

June 7, 2009 1:58:42 pm

The State Bank of India is planning to double its branch network in Singapore during the current fiscal with an objective to increase global balance-sheet size.

Sensex,Nifty hit 10-month highs

June 6, 2009 3:06:25 pm

Indian bourses progressed rapidly with key indices Sensex and Nifty hitting nearly 10-month highs.

Tata Steel sales volume up 18% in May

June 6, 2009 2:57:28 pm

Tata Steel said its sales volume surged by 18 per cent to 4.69 lakh tonnes in May.

Budget to mirror UPA priorities: PM

June 5, 2009 6:10:47 pm

The Union Budget for 2009-10 will reflect UPA Government's ambitious agenda like Rs three kg rice or wheat for BPL families,enlarging NREGA coverage and more focus on infrastructure to bring the economy on high growth.

Direct tax collection up 17% in May

June 5, 2009 3:50:00 pm

The Govt's direct tax collection in May this fiscal recorded a 16.88 per cent jump at Rs 11,919 cr.

ICICI to diversify revenue streams: Kochhar

June 5, 2009 2:57:33 pm

ICICI is looking at expanding fund-generation profile to capitalise on forthcoming opportunities.

‘Capital flows to India may double in FY10’

June 3, 2009 4:26:27 pm

Capital flows to India will almost double to $33.9 bn from an estimated $17.3 billion in 2008-09.

Consolidation in Indian skies imminent: Spicejet

June 3, 2009 3:54:20 pm

Indian aviation is 2% of world's capacity and they are showing 35% of world's aviation losses.

WiMAX Forum announces first commercial Global Roaming Trials at WiMAX Forum Global Congress 2009

June 3, 2009 3:42:44 pm

Currently,WiMAX Forum tracks more than 475 WiMAX network deployments in 140 countries.

Inflation seen at 0.56 pct on May 23

June 3, 2009 2:29:06 pm

The annual inflation rate is forecast to have eased marginally in the third week of May.

Oil prices ease to USD 68.19 a barrel

June 3, 2009 1:02:33 pm

Oil prices were down on Tuesday,easing from seven-month highs as traders took profits.

Gold spikes to Rs 14,880 per 10 grams

June 3, 2009 12:02:39 pm

India gold futures extended gains for a second day on Wednesday tracking overseas markets,where a weak dollar supported the yellow metal.

Union Bank eyes biz of nearly Rs 3-lakh cr in FY10

June 3, 2009 11:01:39 am

Embarking upon this high-tech business model in 2007,Union Bank proposes to step up its syndicated loans to Rs 25,000 cr this year.

‘Five former Citi execs not to get severance payouts’

June 2, 2009 6:47:27 pm

Citigroup will not pay its five former top executives millions of dollars in promised severance payouts,says a media report.

Sensex closes in on 15k in a 5-day rally

June 2, 2009 5:50:28 pm

Tata Steel and HDFC were the principal gainers as the BSE Sensex ended in positive territory.

GM’s bankruptcy would impact Indian service providers

June 2, 2009 5:12:30 pm

Auto major' GM bankruptcy could impact Indian service providers in a ‘small’ but ‘significant’ way.

MTNL unveils pre-paid 3G service for Rs 300

June 2, 2009 4:38:33 pm

State-run MTNL today brought 3G services to the masses by introducing a prepaid option for this high-end service at just Rs 300.