Business News
ReutersFeb 4, 2009
Inflation seen at 5.21 pct on Jan 24 Subscriber Only
The median forecast of 15 analysts was for a 5.21 per cent rise in the wholesale price index.
ReutersFeb 4, 2009
US auto sales hit 27-year low Subscriber Only
US auto sales plunged to a 27-year low in January,a steeper-than-expected drop.
AgenciesFeb 3, 2009
Satyam overseas Feb salary in 2 parts Subscriber Only
Employees of Satyam Computer in India will be paid their February salaries by the month-end.
AgenciesFeb 3, 2009
US SEC to visit SEBI,Satyam Board Subscriber Only
The SEC team will meet SEBI officials to update itself about developments regarding Satyam.
ReutersFeb 3, 2009
India to grow in excess of 7%: Nath Subscriber Only
The Indian economy will grow in excess of 7 percent in the current fiscal year,Trade Minister Kamal Nath said.
ReutersFeb 3, 2009
Morgan Stanley plans up to 4 pct job cuts Subscriber Only
Morgan Stanley plans to cut about 3 pct to 4 pct of its work force,or up to 1,880 people.
AgenciesFeb 2, 2009
Lehman Bros hiring a major way: Report Subscriber Only
Lehman Brothers has surprisingly become the hottest place for job seekers on Wall Street.
AgenciesFeb 2, 2009
HMSI two-wheeler Jan sales up 22 pct Subscriber Only
Honda Motorcycle & Scooter India (HMSI) reported 22 per cent increase in two-wheeler sales during January.
AgenciesFeb 2, 2009
Spicejet net loss at Rs 17.9 cr for Q3 Subscriber Only
No-frills carrier Spicejet on Monday said its standalone net loss for the quarter ended December 31,2008,stood at Rs 17.9 crore.
ReutersFeb 2, 2009
Interest rates to fall in short term: SBI Subscriber Only
The chief of India's top lender,State Bank of India,expects interest rates to fall in the short term.
AgenciesFeb 2, 2009
Maruti Suzuki Jan sales up by 5.39 pct Subscriber Only
Bucking 3 months of decline in sales,Maruti Suzuki reported 5.39 pct rise in its Jan sales.
AgenciesFeb 1, 2009
RCom starts GSM services in Delhi Subscriber Only
RCom started its GSM mobile operations in Delhi,offering lifetime validity to subscribers at just Rs 49.
AgenciesFeb 1, 2009
Indian ADRs shed $7 bn in Jan Subscriber Only
The total valuation of Indian shares trading on American bourses plunged seven billion dollars in January.
AgenciesFeb 1, 2009
D-Street may remain volatile: Analysts Subscriber Only
Domestic bourses are likely to remain volatile this week tracking weak global cues amid developed countries.
AgenciesJan 31, 2009
Would not tolerate Wall Street ‘greed’: Obama Subscriber Only
Keeping up pressure on the Wall Street companies to behave in a responsible manner amid the economic turmoil,President Barack Obama said Americans would not tolerate their greed and asserted that his administration would ensure that
AgenciesJan 31, 2009
Bank funds not reaching industry: Nath Subscriber Only
Liquidity injected by the Indian Government and the central bank has not reached the cash-starved industry.
AgenciesJan 31, 2009
ATF prices cut by 4 per cent Subscriber Only
Aviation turbine fuel (ATF) prices were cut by about 4 per cent to bring them around April 2005 levels.
AgenciesJan 31, 2009
Global outsourcing to take back seat Subscriber Only
A US-based law firm,in its recent report,has pointed out that demand for global outsourcing will take a backseat.
Express News ServiceJan 31, 2009
Fund shortage: Montek to meet transport secys of all states Subscriber Only
In a decisive meeting,the planning commission chairman,Montek Singh Ahluwalia will hold discussion with transport secretaries of all states on Saturday morning to look for a solution to serious fund shortage.
Express News ServiceJan 31, 2009
Railways to seek 50% cost of projects from states Subscriber Only
The Government is likely to do some serious talking with the states in a meeting currently underway in Delhi and emphasise on the implementation of the stimulus packages to neutralise the effects of the global
Associated PressJan 31, 2009
Caterpillar to cut another 2,110 jobs Subscriber Only
Heavy equipment maker Caterpillar Inc announced 2,110 new job cuts today as it scales back production to match lower demand in a slowing global economy.
AgenciesJan 31, 2009
Maytas Infra reviews ‘developments’ Subscriber Only
Maytas Infra,promoted by the family of disgraced Satyam founder B Ramalinga Raju,said its board has appointed B Narasimha Rao as an additional director.
AgenciesJan 31, 2009
Sensex spurts by 8.64% on heavy buying Subscriber Only
Heavy buying by domestic funds lifted the Sensex by 8.64 per cent during the shortened week under review.
ReutersJan 30, 2009
Tata Motors slips to $54 mn loss in Dec Q Subscriber Only
Tata Motors Ltd,India's top vehicle maker,missed forecasts with a 2.63 billion rupee ($54 million) loss.
ReutersJan 30, 2009
Tata Motors slips to $54 mn loss in Dec Q Subscriber Only
Tata Motors Ltd,India's top vehicle maker,missed forecasts with a 2.63 billion rupee ($54 million) loss for the Dec quarter.
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