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Cos pay Rs 23,000 cr as Q1 advance tax

June 17, 2009 3:39:14 pm

Indian companies paid around Rs 230 billion of taxes in advance for the first quarter of FY10.

Racist attacks to affect Indians’ dollar dreams

June 16, 2009 3:18:42 pm

Attacks on Indian students in Australia is likely to negatively affect the Indians' overseas job dreams.

GM to sell ‘Saab’ to Koenigsegg

June 16, 2009 2:28:18 pm

GM has reached an agreement to sell its Swedish unit Saab to luxury carmaker Koenigsegg.

Unitech raised $209 mn from asset sales: MD

June 16, 2009 1:10:48 pm

Unitech shareholders approved on Tuesday issue of up to 1 billion shares to investors and 227.5 million convertible warrants to one of its founder group firms.

Canara Bank sees interest rates going down

June 16, 2009 1:08:56 pm

State-run Canara Bank sees interest rates going down and will review rates by month-end,Chairman A.C. Mahajan said on Tuesday.

World needs new reserve currencies: Russia

June 16, 2009 11:58:06 am

Russian President Dmitry Medvedev said on Tuesday world needed new reserve currencies.

HC orders RIL to give gas to Anil’s RNRL cheaper @ $2.34

June 15, 2009 6:58:23 pm

In the bitter corporate battle with his elder brother,Anil Ambani got a major boost with the Bombay High Court ordering Mukesh-led RIL to supply gas to other's group firm at USD 2.34 per MBtu,44 per cent lower than rates approved by the Government.

Rising crude may lead to fuel price hike: Deora

June 15, 2009 4:27:49 pm

Concerned at rise in international crude oil prices,the Government is looking at solutions to tackle the widening revenue deficit and one of the options on the table could be raising petrol and diesel prices.

TCS launches new biz intelligence solution for healthcare providers

June 15, 2009 4:03:44 pm

Typical business intelligence projects in other industries can take 12 months for initial results and up to 18 months for completion.

GAIL Q4 net dips 12.7 pct to Rs 630.02 cr

June 15, 2009 1:25:03 pm

GAIL India has witnessed a 12.7 per cent drop in net profit at Rs 630.02 crore for FY09.

GAIL sees FY10 profit rising 7 pct

June 15, 2009 1:19:20 pm

GAIL India expects a profit of more than Rs 30 billion ($626 million) in 2009/10.

Icahn mulls another run at Delphi: Report

June 15, 2009 12:09:28 pm

Activist investor Carl Icahn is considering making another attempt to take over Delphi Corp.

Top 10 firms lose Rs 5,100 cr last week

June 14, 2009 3:32:16 pm

The country's top 10 firms saw their total market capitalisation falling by Rs 5,168 crore last week.

PNB aims business of 10 lakh crore

June 14, 2009 3:24:20 pm

The country's second largest public sector lender Punjab National Bank aims to double its profit.

Gold remains weak on lower global cues

June 13, 2009 4:21:02 pm

Gold prices extended losses for the third straight day in the bullion market.

Competition is catching up with India: Premji

June 12, 2009 4:07:53 pm

Wipro's chief Premji warned the sector against falling into a mind trap of 'India Advantage'.

Ambani gas row: Judgement likely on June 15

June 12, 2009 3:49:13 pm

The Bombay HC is likely to pronounce the judgement in RIL-RNRL gas supply agreement dispute on June 15.

More than a mn jobless in Latin America

June 12, 2009 1:42:52 pm

More than a million people in Latin American and Caribbean are jobless at the end of the first quarter this year,a report said.

More than a mn jobless in Latin America

June 12, 2009 1:41:49 pm

More than a million people in Latin American and Caribbean are jobless at the end of the first quarter this year,a report said.

Oil spikes above USD 72 per barrel

June 12, 2009 1:04:45 pm

Oil prices hovered above USD 72 a barrel on Friday in Asia near an 8-month high.

Satyam sees 6 block deals at Rs 86.84/share

June 12, 2009 11:58:16 am

About 9.87 mn shares in Satyam Computer changed hands on both the stock exchanges on Friday.

BlackRock to buy Barclays’ investment arm

June 12, 2009 11:55:50 am

BlackRock Inc will buy British bank Barclays Plc's investment arm BGI for $13.5 billion.

BHEL wins $845 mn order from Hindalco

June 12, 2009 11:43:04 am

Bharat Heavy Electrical Ltd said it had secured orders worth Rs 40.15 billion from Hindalco.

DoT,FinMin close to settle differences over 3G

June 11, 2009 4:42:17 pm

Differences over the 3G spectrum auction reserve price between DoT and finance ministry is being sorted out to push the bidding in a faster pace.

Activists protesting alleged layoff at Reliance detained

June 11, 2009 4:26:31 pm

Around 50 members of an employees union were arrested as they were heading towards Mukesh Ambani's residence to protest alleged lay-offs.

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