Tuesday, June 7, 2011

Maruti may agree to strikers’ demand

Maruti may agree to strikers’ demand


Maruti may agree to strikers’ demand

Posted: 07 Jun 2011 06:23 PM PDT

The stir at Maruti's Manesar plant halted production for the fourth day in running, though the management is likely to accept the strikers' demand for the formation of a new union with two riders - a promise in writing that the union will not align with any political union in future or induct any outsider as office bearer.


Govt open to more fuel subsidy: Pranab

Posted: 07 Jun 2011 05:46 PM PDT

Finance minister Pranab Mukherjee on Tuesday suggested that the government was open to increasing the fuel subsidy beyond the budgeted level, if needed.


ONGC pumps record gas from old field Bassein

Posted: 07 Jun 2011 05:44 PM PDT

Flagship explorer Oil and Natural Gas Corporation has achieved record volumes of gas production from the Bassein field, well past its life expectancy.


ONGC pumps record gas from old field Bassein

Posted: 07 Jun 2011 05:44 PM PDT

Flagship explorer Oil and Natural Gas Corporation has achieved record volumes of gas production from the Bassein field, well past its life expectancy.

No assurance to Lagarde on IMF bid: Pranab

Posted: 07 Jun 2011 02:26 PM PDT

French finance minister Christine Lagarde was in New Delhi on a whistlestop tour to drum up support on her bid for the managing director's job at IMF.


Vertex to hire 14,000 people in 2 years

Posted: 07 Jun 2011 08:38 AM PDT

UK-based BPO firm Vertex on Tuesday said it will increase its headcount in the country to 20,000 employees over the next two years as it ramps up its operations in India.


Govt OKs FDI proposals worth Rs 924cr

Posted: 07 Jun 2011 05:30 AM PDT

The government on Tuesday said it has cleared 16 foreign direct investment (FDI) proposals amounting to Rs 923.55 crore, including those of Star News Broadcasting Ltd and L&T Finance Holdings.


No assurance given to Lagarde for IMF chief's post: Pranab

Posted: 07 Jun 2011 05:04 AM PDT

Finance minister Pranab Mukherjee on Tuesday said India has not given any assurance to his French counterpart Christine Lagarde on support for her candidature to the post of IMF's managing director.


Sensex ends in positive zone

Posted: 07 Jun 2011 03:58 AM PDT

Carrying forward its modest gains since yesterday, the BSE benchmark Sensex rose marginally by over 75 points to 18,495.62 as investors purchased blue chips like RIL and Infosys amid firm global cues.


Sensex ends in positive zone

Posted: 07 Jun 2011 03:58 AM PDT

A benchmark index for Indian equities markets on Tuesday closed 77 points higher with realty, energy and IT stocks leading the gainers pack.


RBI notes SBI's profit plunge; calls for better fin reporting

Posted: 07 Jun 2011 03:51 AM PDT

Taking a note of the unusual fall in the country's largest lender State Bank of India's (SBI) March quarter profits last fiscal, RBI today said there was a need for banks to improve the standards of financial reporting.


Rupee down 3 paise against US dollar

Posted: 06 Jun 2011 09:31 PM PDT

The Indian rupee lost 3 paise to Rs 44.79 per US dollar in early trade at the Interbank Foreign Exchange today, weighed down by dollar gains against the euro and other currencies overseas.


Sensex down 68 points in opening trade

Posted: 06 Jun 2011 09:29 PM PDT

The BSE benchmark Sensex lost over 68 points in opening trade on Tuesday on fresh selling by funds and retail investors amid a weak trend on other Asian bourses.


No need for ITR for income up to Rs 5L

Posted: 06 Jun 2011 07:47 PM PDT

Salaried taxpayers whose taxable income, including salary and interest, is up to Rs 5 lakh, will not be required to file I-T return from now.

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