2009-01-09 18:50:56
Aiming a 20 per cent growth rate in its turnover, Korean durable major LG Electronic India Ltd will invest over Rs 400 crore in the current year on marketing and promotions and will also launch a new range of air-conditioners soon.
2009-01-09 17:22:38
Satyam Computer today announced holding back employees salaries for two months, even as rumours were rife that the company might lay off close to 15,000 workers in the coming days.
2009-01-09 15:43:12
India's tourism sector has grown by six per cent with 5.3 million arrivals in 2008, despite the global slowdown hitting the tourism industry worldwide.
2009-01-09 15:17:24
The government on Friday set in motion the process of providing liquidity support up to Rs 25,000 crore to cash-strapped Non-Banking Finance Companies (NBFCs) to enable them to pay existing liabilities, as was announced in the second stimulus package
2009-01-09 15:08:24
A team of government officials investigating the Rs 7,800-crore Satyam fraud seized the documents from the premises of the company and its record office in Hyderabad.
2009-01-09 14:08:13
The store has also lowered its forecast for the fourth quarter and full year due to heavy markdowns, a report in the Chicago Sun Times said today.
2009-01-09 13:20:49
The top three information technology firms, TCS, Infosys and Wipro today surged over five per cent on the Bombay Stock Exchange, while Satyam shares took a severe beating and plunged over 70 per cent.
2009-01-09 13:16:38
Inflation fell for the ninth consecutive week today to a 10-month low of 5.91 per cent for the week ended December 27, owing to cheaper food and manufactured items.
2009-01-09 13:14:57
The rupee continued to trade in tandem with local stocks and breached the crucial 49-level in early trade on Friday as weak equity markets raised fears of capital outflows amid stronger dollar overseas.
2009-01-09 13:08:32
The Bombay Stock Exchange benchmark Sensex on Friday fell by 235 points in early trade on sustained panic selling by foreign funds and retail investors, largely due to the country's biggest corporate scandal by Satyam Computer.
2009-01-09 12:58:22
Engineering and construction firm Larsen and Toubro Ltd has no intention of either buying more shares or selling its stake in software services firm Satyam Computer Services Ltd, LandT's chairman said on Friday.
2009-01-08 16:13:39
Troubled lender Royal Bank of Scotland, which has been bailed out by the UK government, is considering sale of its about two-billion pound stake in the Bank of China, a media report says.
2009-01-08 14:49:45
The Ramalinga Raju family promoted Maytas Infrastructure on Thursday said its chairman and non-executive director RC Sinha has tendered his resignation.
2009-01-08 14:15:47
Mitsubishi Motors Corp will slash more than 2,000 temporary jobs in Japan by the end of March as the country's fourth largest automaker struggles in the face of a severe slump in sales worldwide, media reports said on Thursday.
2009-01-08 13:53:41
`Cash is king' in the current global turmoil and needs to be managed well, says Ernst and Young in its 10 commandments for businesses to ease pain in the New Year.
2009-01-08 12:06:02
The Indian tractor industry in 2008-09 is unlikely to register any growth and the sales are likely to be at three lakh tractors, same as what was achieved in 2007-08, a top industry official said here today.
2009-01-08 12:04:41
Indian shares listed on the American bourses settled mostly in the red, while Infosys defied the trend, after the New York Stock Exchange halted trading in Satyam Computer at its bourses.
2009-01-08 10:44:05
Yahoo Inc unveiled on Wednesday a list of partners to aid its push to bring the Internet and television together, hoping their joint effort will finally connect with consumers.
2009-01-08 10:39:21
Microsoft Corp plans to let consumers test the next generation of its computer operating system, Windows 7, starting on Friday and said the new software is 'absolutely on track.'
2009-01-08 09:22:08
The Bombay Stock Exchange, the National Stock Exchange, the Forex and money markets will remain closed on Thursday on account of 'Moharum'.
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