Monday, April 2, 2012

Mallya, employees in fresh salary row

Mallya, employees in fresh salary row


Mallya, employees in fresh salary row

Posted: 02 Apr 2012 04:02 PM PDT

Even as Kingfisher Airlines chairman Vijay Mallya promised on Monday to give employees their long overdue pay cheques after government authorities unfroze its bank accounts.


Indian Investment banks go global in deal hunt

Posted: 02 Apr 2012 03:45 PM PDT

Homegrown deal makers are hopping overseas, tracking their clients who are expanding globally. Indian investment banks are opening offices abroad and striking alliances with foreign merger and acquisition (M&A).

Hike price or face fuel crisis: Oil companies

Posted: 02 Apr 2012 03:33 PM PDT

State-owned oil companies on Monday warned of disruptions in fuel supplies if they are not allowed to raise petrol price or compensated for the Rs 48 crore per day loss they incur on selling fuel below cost.

Ranbaxy resumes US drug exports

Posted: 02 Apr 2012 03:17 PM PDT

After facing a four-year ban due to its regulatory issues, Ranbaxy Laboratories has now resumed exports of cholesterol-lowering drug, Atorvastatin to the US market from its Mohali (Punjab) manufacturing facility.

Sebi allows listing of stock exchanges

Posted: 02 Apr 2012 07:20 AM PDT

Clearing the decks for listing of stock exchanges, capital market regulator SEBI on Monday said 51 per cent stake of bourses could be held with public.


SEBI allows listing of stock exchanges

Posted: 02 Apr 2012 07:20 AM PDT

Clearing the decks for listing of stock exchanges, capital market regulator SEBI on Monday said 51 per cent stake of bourses could be held with public.


Sensex closes 74 points higher

Posted: 02 Apr 2012 04:26 AM PDT

The BSE power index rose 1.89 percent. The realty index ended 1.59 percent higher and the bankex closed 1.02 percent higher.


Indian manufacturing sees slowest growth in 3 months

Posted: 02 Apr 2012 01:16 AM PDT

India's manufacturing sector grew at the slowest pace three months in March, hit by power and raw material shortages, a business survey showed on Monday.


Maruti March vehicle sales up 3.3%

Posted: 01 Apr 2012 11:09 PM PDT

Maruti Suzuki's March car sales.


Manufacturing growth slows for 3rd month: Survey

Posted: 01 Apr 2012 10:27 PM PDT

The expansion of India's factory sector slowed for a third month in March as growth in new orders eased and costs for raw materials kept rising, a business survey showed on Monday.

Indian jewellers' strike still on; silver sales poor

Posted: 01 Apr 2012 10:26 PM PDT

Indian jewellers plan to continue their strike, hurting demand and halting imports of gold and silver in the world's biggest buyer of bullion, an industry body head said on Monday.


Global trade bodies warn PM of tax plan impact

Posted: 01 Apr 2012 10:19 PM PDT

International trade associations representing more than 250,000 companies have written to Prime Minister Manmohan Singh criticising new taxation proposals and warning that investment plans by overseas companies could be reconsidered.


Asia stocks mostly up as China manufacturing rises

Posted: 01 Apr 2012 09:40 PM PDT

Asian stock markets rose on Monday after a Chinese survey showed that manufacturers in the world's No. 2 economy boosted production for a fourth straight month.


Sensex up 80 pts on selective buying

Posted: 01 Apr 2012 09:34 PM PDT

The BSE benchmark Sensex today gained over 80 points in early trade on continued buying by funds as well as retail investors.

Sensex up 80 points on selective buying

Posted: 01 Apr 2012 09:34 PM PDT

The BSE benchmark Sensex today gained over 80 points in early trade on continued buying by funds as well as retail investors.


India proposes to take US to WTO on visa fee hike

Posted: 01 Apr 2012 12:38 PM PDT

India proposes to take the US to the WTO disputing 'discrimination' against the Indian software companies which are being asked to pay higher H-1B and L1 visa fee for their employees than the American firms.

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