Thursday, June 9, 2011

Hackers hit Citigroup card data

Hackers hit Citigroup card data


Hackers hit Citigroup card data

Posted: 09 Jun 2011 05:50 PM PDT

Citigroup said computer hackers breached the bank's network and accessed the data of about 2,00,000 bank card holders in North America, the latest of a string of cyber attacks on high-profile companies.


'20km of highway to be built daily before 2014'

Posted: 09 Jun 2011 05:18 PM PDT

Road transport and highways minister C P Joshi said on Thursday the government would deliver on the pledge of constructing 20km of highway per day by the next parliamentary polls.


NHAI earns 824cr from projects

Posted: 09 Jun 2011 05:14 PM PDT

The National Highway Authority of India (NHAI) has earned Rs 823.5 crore from awarding projects in the last four months as companies have offered a premium over the bid amount for many projects instead of taking the government aid in the form of viability gap funding (VGF).

Power generation falls 64% short of Q4 target

Posted: 09 Jun 2011 05:13 PM PDT

India's power crisis appears to be getting bigger .

Tax evasion may be a criminal offence

Posted: 09 Jun 2011 05:11 PM PDT

In a throwback to the past, the committee on black money is considering making tax evasion a criminal offence.

Parekh for e-auction of surplus govt land

Posted: 09 Jun 2011 01:59 PM PDT

Aiming to make the process of disposal of surplus land with the government and related agencies more transparent, HDFC chairman Deepak Parekh has suggested the e-auction route which leaves little space for 'discretion and arbitrary dealing'.


L&T Fin to tap market with 1,750 cr issue

Posted: 09 Jun 2011 01:58 PM PDT

Engineering giant Larsen & Toubro (L&T) is planning to hit the capital market with the initial share sale of its non-banking arm L&T Finance Holdings.


Cars to carry fuel efficiency labels soon

Posted: 09 Jun 2011 12:28 PM PDT

The wait is nearly over. Car buyers will soon be able to compare models based on govt certified fuel efficiency labels before making a final choice without having to wonder which review to trust or go by sales talk.


Car sales grow 7% in May, slowest in 2 yrs

Posted: 09 Jun 2011 11:58 AM PDT

Hit hard by higher interest rates and pinching fuel prices, car sales grew at their slowest pace in two years, threatening to slip even further in the coming months.

Hackers accessed credit card data: Citigroup

Posted: 09 Jun 2011 09:26 AM PDT

Citigroup Inc said that hackers accessed the credit card information of North American customers, in an online security breach affecting about 200,000 accounts.


Rupee softens by two paise against dollar

Posted: 09 Jun 2011 09:13 AM PDT

The rupee softened on Thursday by two paise to close at 44.72/73 against the US currency on weakness in equities amid stray dollar demand from importers despite weak dollar overseas amid capital inflows.


Maruti strike continues, loss at Rs 270 crore

Posted: 09 Jun 2011 06:39 AM PDT

Workers of various firms in the Gurgaon-Manesar belt have warned of a similar stir if demands of their agitating colleagues' at India's largest carmaker are not met.


Sensex ends flat 9 points down at 18,385

Posted: 09 Jun 2011 04:41 AM PDT

In a day of dull trading today the BSE sensex ended flat, 9 points down at 18,385, amid rising food inflation and government caution that slow economic growth may hit tax collections this fiscal, although some heavyweights like RIL and TCS made gains.


Sensex eases second day on slowing growth concern

Posted: 09 Jun 2011 04:41 AM PDT

Indian markets eased for a second day on Thursday as risk appetite waned on slowing growth concerns and accelerating food inflation meant more upward pressure on interest rates.


Silver rises to Rs 55,100, gold remains weak

Posted: 09 Jun 2011 02:49 AM PDT

Silver recovered by Rs 400 to Rs 55,100 per kg on fresh buying by stockists amid a firming global trend, while gold fell further by Rs 25 to Rs 22,655 per 10 gram on sluggish demand.


IMF chief's selection on merit: Lipsky

Posted: 09 Jun 2011 01:12 AM PDT

Acting IMF managing director John Lipsky said he was confident that selection of the fund's next chief would be based on merit, as French finance minister Christine Lagarde made her case in China.


No respite, food inflation up to 9.01%

Posted: 09 Jun 2011 12:13 AM PDT

As per data released by the government on Thursday, fruits became 30.78 per cent more expensive year-on-year, while prices of onions increased by over 14 per cent contributing to the food inflation.

No respite from price rise, food inflation up 9.01%

Posted: 09 Jun 2011 12:13 AM PDT

As per data released by the government on Thursday, fruits became 30.78 per cent more expensive year-on-year, while prices of onions increased by over 14 per cent contributing to the food inflation.


Amway to launch new beauty and health products

Posted: 08 Jun 2011 10:30 PM PDT

Direct selling FMCG company, Amway India , plans to add new products to further strengthen its cosmetics and nutrition & wellness portfolios to maintain dominance in the direct selling FMCG market.


Sensex starts on quiet note

Posted: 08 Jun 2011 10:11 PM PDT

Sensex started trade on a quiet note with a benchmark index on Thursday flat in opening trade and broader indices nudging up.


Indian markets start on quiet note

Posted: 08 Jun 2011 10:11 PM PDT

Sensex started trade on a quiet note with a benchmark index on Thursday flat in opening trade and broader indices nudging up.


Rupee gains 4 paise against US dollar in early trade

Posted: 08 Jun 2011 09:46 PM PDT

The Indian rupee was up by 4 paise at Rs 44.66 per dollar in early trade on the Interbank Foreign Exchange today, supported by a higher opening in the stock market.


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