Britannia sacks 42 executives in one day |
- Britannia sacks 42 executives in one day
- ‘Mamata not in favour of FDI in aviation’
- FM says economy in difficult situation
- OVL gets $2.5 bn Imperial blues
- FDI row: India Inc slams govt move
- Our fundamentals are strong: Pranab
- Rupee down 30 paise against dollar
- Sensex closes 72 points higher
- Domestic air traffic registers 18.8% growth
- Citigroup to cut 4500 jobs globally
- Euro falls against dollar after downgrade warnings
- Rupee down 4 paise against US dollar
- Sensex up 124 points in opening trade
| Britannia sacks 42 executives in one day Posted: 07 Dec 2011 05:08 PM PST The development took place last week and came quite abruptly, said some of the employees who have been laid off. 
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| ‘Mamata not in favour of FDI in aviation’ Posted: 07 Dec 2011 04:54 PM PST A huge question mark hangs on allowing foreign direct investment by foreign airlines in Indian carriers. 
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| FM says economy in difficult situation Posted: 07 Dec 2011 04:48 PM PST The finance minister urged lawmakers to cooperate to tide over the crisis, while warning that the fiscal deficit may widen. 
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| OVL gets $2.5 bn Imperial blues Posted: 07 Dec 2011 04:44 PM PST Two-and-a-half years later, OVL finds no sign of "tangible gain" even after spending another $400 million on raising production. 
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| FDI row: India Inc slams govt move Posted: 07 Dec 2011 04:39 PM PST India Inc slammed the government's move to put on hold the decision to open up the multi-brand retail sector to foreign retailers saying it will have a strong impact on investor sentiment and hurt the economy. 
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| Our fundamentals are strong: Pranab Posted: 07 Dec 2011 06:21 AM PST "The economy is in a difficult situation, but it does not mean that we should start eating lizards. Our basic fundamentals are still strong," said Pranab. 
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| Rupee down 30 paise against dollar Posted: 07 Dec 2011 05:12 AM PST At the Interbank Foreign Exchange (Forex) market, the rupee had resumed higher on hopes of increased capital inflows and initial firmness in stocks. 
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| Sensex closes 72 points higher Posted: 07 Dec 2011 05:06 AM PST Among the prominent sensex gainers were Jaiprakash Associates, HDFC, ONGC, Sterlite Inds and SBI. 
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| Domestic air traffic registers 18.8% growth Posted: 07 Dec 2011 03:53 AM PST In reply to a question in the Lok Sabha, civil aviation minister Vyalar Ravi said that domestic passenger traffic which was 8.9 crore in 2009-10 had moved up to 10.5 crore in 2010-11. 
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| Citigroup to cut 4500 jobs globally Posted: 06 Dec 2011 11:06 PM PST US banking giant Citigroup is set to lay off about 4,500 employees over the next few months to cut costs amid tough economic times. 
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| Euro falls against dollar after downgrade warnings Posted: 06 Dec 2011 09:41 PM PST The euro fell against the dollar on Tuesday after Standard & Poor's warned it could downgrade the debt of Europe's bailout fund as well as most of the countries that use the euro. 
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| Rupee down 4 paise against US dollar Posted: 06 Dec 2011 09:39 PM PST The Indian rupee fell marginally by 4 paise to Rs 51.45 per U.S. dollar in early trade on the Interbank Foreign Exchange on Wednesday amid increased demand for the American currency from importers. 
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| Sensex up 124 points in opening trade Posted: 06 Dec 2011 09:37 PM PST The Bombay Stock Exchange benchmark Sensex rose by nearly 124 points in opening trade Wednesday, spurred by a firming trend in Asian markets. 
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