Sunday 15 November, 2009
The continued rise in food prices led the wholesale inflation rate to bump up to 1.34 per cent in October, a 0.84 per cent increase from the previous month....Sunday 15 November, 2009
Air India is likely to receive about Rs 800 crore as the first tranche of equity infusion from the government by December, Civil Aviation Minister Praful Patel said on Saturday....Sunday 15 November, 2009
Global micro finance company Accion International has picked up 49.5 per cent stake in non banking finance institution Saija Finance for $5 lakh....Saturday 14 November, 2009
The Petroleum Ministry has proposed a 33 per cent hike in the price of natural gas produced by ONGC and Oil India and gradually increase it to $4.20 per mmBtu set for gas from Reliance Industries' KG-D6 fields....Saturday 14 November, 2009
As many as 60 public sector undertakings (PSUs) can tap the primary capital markets as per the disinvestment policy cleared by the government last Thursday....Saturday 14 November, 2009
With deposit rates dropping by about 200 basis points since January 2009, India Infrastructure Finance Company Limited (IIFCL), a company promoted by the government in January 2006....Saturday 14 November, 2009
In a move to increase the reach of mutual funds, the Securities and Exchange Board of India (Sebi) on Friday added another distribution channel....Saturday 14 November, 2009
Larsen & Toubro has sold 2.32 per cent stake in IT company Mahindra Satyam for over Rs 306 crore, a month after the lock-in period on sale of its holding ended....Saturday 14 November, 2009
The head of the International Monetary Fund (IMF) aid on Friday that capital flows to emerging markets reflected the positive outlook for those economies but warned that they can destabilise currencies and asset prices....Saturday 14 November, 2009
When the the aviation industry is facing a gruelling time, Kingfisher Airlines has once again defaulted on dues of around Rs 418 crore to be paid to oil companies....Saturday 14 November, 2009
British Airways (BA) and Spain’s Iberia announced on Thursday a preliminary agreement for a $7 billion merger to create the world’s third-largest airline by revenue....Saturday 14 November, 2009
The 16-country eurozone has officially joined the US and Japan out of recession, after figures on Friday showed its economy grew by 0.4 per cent in the third quarter from the previous three-month period....Saturday 14 November, 2009
The US trade deficit widened in September by an unexpectedly large 18.2 per cent, the largest increase in more than 10 years, as oil prices rose for the seventh straight month and imports from China bounded higher....
Friday 13 November, 2009
If things work out as planned, India may soon have a domestic payment card system — a rival to multinational card associations like Visa, Mastercard and American Express.Friday 13 November, 2009
Swiss bank UBS has been fined £8 million in the UK after four of its senior employees were found misusing funds of customers...Friday 13 November, 2009
To ensure Air India sticks to a time-bound turnaround programme, the government today decided to release funds to the...