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Friday, February 21, 2020

Tokyo shares down 2.34 pct

February 12, 2009 9:50:41 am

The TSE benchmark Nikkei-225 index fell 186.27 points,or 2.34 per cent,to 7,759.67.

Inflation seen at 4.43 pct on Jan 31

February 11, 2009 12:30:45 pm

Inflation rate is forecast to have fallen to its lowest in over a year at the end of January.

Satyam Board to meet on Feb 12; to talk funding

February 10, 2009 2:48:10 pm

Satyam Board will meet in Mumbai with further funding options and legal issues likely to top its agenda.

Kingfisher hikes fares in domestic routes

February 10, 2009 12:37:08 pm

Kingfisher has increased air fares for various routes in the domestic sector effective Feb 10.

GM to cut salaried worker pay under plan: Report

February 10, 2009 9:39:23 am

General Motors plans to cut pay for its salaried workers under terms of a restructuring plan.

Job losses in India may rise in coming months: Citi

February 9, 2009 4:19:51 pm

In an indication that the global layoff wave has hit the Indian shores,Citigroup believes that jobless numbers could climb in coming months.

India needs stimulus for growth: Montek

February 9, 2009 1:06:34 pm

GDP,which is estimated to grow at its slowest in 6 yrs,needs more stimulus to sustain growth.

Nissan to layoff 20,000 workers worldwide

February 9, 2009 11:53:15 am

Nissan Motor Co said on Monday it would lay off 20,000 workers worldwide from April 1.

ONGC achieves all-time record in oil production

February 8, 2009 1:05:50 pm

Public-sector Oil and Natural Gas Corporation (ONGC),engaged in exploration activities along the Cauvery basin,has achieved an all-time high oil and gas production up to December in the current fiscal.

Top-10 firms lose Rs 215 cr in a week

February 8, 2009 12:51:29 pm

Country's top 10 companies managed to get away with just Rs 215 crore losses.

Tata hires over 1,650 temporary workers

February 8, 2009 12:50:59 pm

Country's largest commercial vehicles maker Tata Motors is hiring over 1,650 temporary workers.

Lufthansa sacks 17,closes 4 city offices in India

February 7, 2009 7:28:59 pm

German air carrier Lufthansa sacked 17 employees and announced closure of its offices in four cities.

Crisis to hit China more than India: ADB

February 7, 2009 7:19:20 pm

ADB said that the impact of global financial meltdown will be much more on China than India.

IMF may face resource crunch: Chief

February 7, 2009 4:48:52 pm

The International Monetary Fund may be out of resources in the next 6-8 months its Managing Director warned.

Raju,bro in protective custody: Damodaran

February 7, 2009 3:08:48 pm

The scam-hit Satyam Computer founder B Ramalinga Raju,brother Rama Raju and ex-CFO Srinivas are in "protective custody",former Securities and Exchange Board of India (SEBI) Chief M Damodaran said.

Reliance ADAG launches movie marketing division

February 7, 2009 2:01:07 pm

BIG Entertainment,the media vertical of Reliance Anil Dhirubhai Ambani Group,announced the launch of its movie and entertainment marketing division,BIG Boom.

HPCL to triple crude oil import from Iran

February 7, 2009 1:56:31 pm

State-owned Hindustan Petroleum Corp Ltd (HPCL) will triple crude oil import from Iran while reducing supplies from Iraq next fiscal.

US unemployment rate hits 7.6%

February 7, 2009 1:42:25 pm

American firms shed nearly six lakhs jobs last month as the unemployment rate in US surged an all time high in 16 years.

Steps to boost labour-intensive sector: Pranab

February 6, 2009 1:06:38 pm

Fearing further moderation in economic growth in the next fiscal,the Government on Friday said it would take more steps to boost the labour-intensive sectors.

Volvo posts $120 mn Q4 loss

February 6, 2009 12:42:18 pm

World number two truck maker Volvo slipped to a surprise operating loss in the fourth quarter.