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Air India's plan to trim workforce stuck with Finance Ministry

Air India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the North Block, with the Finance Ministry questioning the rationale behind the propo......read more

Top six companies add Rs 40,053 cr in market value

Six of the top-10 most valued Indian companies have added Rs 40,053 crore to their market capitalisation, with ONGC and SBI emerging as biggest gainers. ONGC, RIL, HDFC Bank, SBI, ICICI Bank and HDFC ......read more

India, other FTA members to share 'offshore leaks' tax info

Stepping up efforts to tackle tax evasion, the 45-nation grouping on tax administration, which includes India, has agreed to share among themselves information received by member countries from "offsh......read more

FIIs invest Rs 12,000 cr in stock market

Overseas investors have poured in nearly Rs 12,000 crore (about USD 2.2 billion) into the Indian equity market so far this month. With this, the total foreign investment in the country's equity marke......read more

RBI likely to cut policy rates at its June 17 meeting: Experts

Taking a cue from the continued downward surprises in inflation and sluggish growth indicators, the Reserve Bank of India is likely to go for further monetary easing in its June 17 policy meet, global......read more

Mutual Funds invested Rs 4.74 lakh crore in FY'13, highest in 12 years

Mutual funds pumped Rs 4.74 lakh crore into the debt market in 2012-13, making it their biggest investment in the last 12 years. The financial year ended March 31, 2013 also marked the 12th consecutiv......read more

Indians more willing to share personal info than others: Cisco report

Even as cases of financial fraud are dotting cyber space across the world, Indians seem more forthcoming in giving out their personal information for personalised services and simplification of financ......read more

Panel probing Walmart lobbying submits report to govt

A committee looking into US giant Walmart's lobbying activities to enter India today submitted its report to Corporate Affairs Minister Sachin Pilot. Former Chief Justice of Punjab and Haryana High C......read more

Automobiles

Daimler unveils make-or-break Mercedes-Benz S-Class

Germany's Daimler pulled the covers off its new flagship Mercedes-Benz S-Class luxury saloon on Wednesday, a critical product launch for a company struggling to make a dent in the lead that rivals BM......read more

Technology

Yahoo Japan Corp. suspects 22 mn user IDs stolen

Yahoo Japan Corp. has said it suspects up to 22 million user IDs may have been stolen during an unauthorised attempt to access the administrative system of its Yahoo! Japan portal. "We don't know if ......read more

Stock Market

Weekly review: Market shrugs off deficit gap, rallies fifth week in a row

Stocks: Shrugging off the mayhem on the first day of the week following widening trade-deficit, drop in inflation propelled market sentiment on hopes that Reserve Bank will cut rates in forthcoming po......read more

Will the 20:80 formula click?

Payment schemes such as 20:80 introduced by developers have made some impact in offloading inventories. Its success hinges on the price point and most important, track record in delivery, say a cross-......read more

Train thy neighbour: After businesses, now B-schools scent opportunity in Pakistan

After agreeing to open its border for trade with India, Pakistan has now embraced Indian B-schools to train its business managers. Cashing in on this new-found opportunity are institutes like the the ......read more

Staying in touch on the move

A review of Bluetooth car kits that will help you stay connected when you are driving In today’s world, communication is everything. Mobile phones are the norm and nobody is ever out of touch. Except ......read more