Business

The rupee soared by 4.3 pct to a 5-month peak of 47.27,in three sessions beginning Friday.

Inflation is expected to have risen in early May due to a rise in prices of some primary articles.

The new Govt will revive economic growth and make it even more inclusive,PM elect said.

ABB UK has operations in over 12 main locations,with around 2,300 employees.

Packaged food maker Nestle India said the strike at its Pantnagar (Uttarakhand) plant has been called-off and workers at the factory have resumed work.

Financial pressure on Tata Motors has eased due to improvement in the automobile market.

Rupee,which posted gain of 152 paise on Monday,moved up further by 41 paise to 47.47 a dollar.

The rupee strengthened past 48 per dollar for first time in three months on UPA's clear victory.

AIG said it would accelerate plans to separate Asian subsidiary through an initial public offering.

AT&T said on Monday it will initially run the service from two data centers in the United states.

Jet has been laying off crew and 30-50 employees are being given pink slips almost on a daily basis.

Maruti Suzuki India,launched its latest small car Ritz in both petrol and diesel variants,offered at an introductory price of Rs 3.90-4.99 lakh.

Research In Motion,the maker of Blackberry smart phones,has clinched victory in an internet domain name dispute against an Indian firm at the World Intellectual Property Right Organisation.

As many as 340 independent directors resigned so far this year,fearing for their reputation.

The confidence of service sector in BRIC countries has witnessed a sharp rise,KPMG says.

Even if it quits the Rajasthan oil fields,ONGC will be under obligation to pay govt levies.

After increasing for three consecutive weeks,inflation fell to 0.48 per cent.

Inflation is expected to have fallen back at the start of May after rising in previous 3 weeks.

The founders of DLF on Wednesday sold around 11 pct of their stake,raising more than $800 mn.

Rupee appreciated by 5 paise against US currency on expectations of fresh capital inflows.

Citigroup,the bank bailed out with $45 bn,is using all of that money to make new loans.

Measures taken by RBI have arrested rate of decline in economy,one of its deputy gov said.

Ford Motor said that it would sell 300 mn common shares to pay off its healthcare obligations.

Four big US banks said they would sell $6.55 bn of common stock and repay bailout funds.

Oil prices fell for a second straight day,consolidating after touching a six-month peak.