Sensex down 80pts in early trade |
- Sensex down 80pts in early trade
- LVMH co Sephora set for India foray
- Mega buyback may boost RIL stock price
- Fortress Europe opens up to Indian IT services
- Foreign travel no more an incentive for techies
- Temasek to invest $136mn in Godrej
- 'India's growth to pick up in 2013'
- PAC slams AI for acquiring planes through debt
- RBI likely to maintain status quo in its policy review
- Growth should be given priority in budget: CII
- FDI in aviation may give flight to domestic airlines
- GM ranked as top-selling automaker
- RBI likely to leave rates unchanged
- RIL to buy back 12 crore shares
- DoT can't take call on 3G roaming dispute: TDSAT
- Voda's London HQ rejoices after ruling
- Jet Airways posts 4th quarterly loss
- Rupee closes down for 1st day in 7; RBI supports
| Sensex down 80pts in early trade Posted: 22 Jan 2012 08:25 PM PST The BSE benchmark sensex declined by nearly 80 points in early trade today as funds and retail investors booked profits, a day of ahead of RBI monetary policy review. 
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| LVMH co Sephora set for India foray Posted: 22 Jan 2012 03:41 PM PST French Giant May Partner Delhi-Based Genesis To Bring Beauty Retailer 
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| Mega buyback may boost RIL stock price Posted: 22 Jan 2012 03:39 PM PST Offer Via Open Market Is Tax-Efficient, Favours Minority Shareholders 
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| Fortress Europe opens up to Indian IT services Posted: 22 Jan 2012 03:36 PM PST The European crisis is acting as a catalyst in driving offshoring from a region that has traditionally preferred onshore IT services. The strong Europe revenue numbers and client additions of Indian IT majors in recent times indicate that clients are viewing offshoring as a cost and efficiency lever. 
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| Foreign travel no more an incentive for techies Posted: 22 Jan 2012 03:32 PM PST For IT engineers, the periodical one- or two-year stints in the US or Europe used to be the primary attraction of their jobs. They not only got to live in places that most Indians aspire to but, during those stints, they also received salaries substantially higher than in India and which allowed them to make significant savings. 
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| Temasek to invest $136mn in Godrej Posted: 22 Jan 2012 09:40 AM PST Godrej Consumer Products Ltd said Singapore's Temasek will invest 6.85 billion rupees in the company to help the Indian firm maintain a strong balance sheet. 
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| 'India's growth to pick up in 2013' Posted: 22 Jan 2012 12:18 AM PST India is expected to grow at 6.8% in Calendar Year (CY) 2012, in comparison to the previous forecast of 8%, but expansion is expected to accelerate strongly in CY 2013 to touch 9.5%, global audit and consulting firm Ernst & Young has said. 
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| PAC slams AI for acquiring planes through debt Posted: 21 Jan 2012 11:53 PM PST Questioning the timing of merger and fleet acquisition when Air India was under heavy debt, Parliament's Public Accounts Committee has asked the airline to submit all documents related to the issue within a week. 
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| RBI likely to maintain status quo in its policy review Posted: 21 Jan 2012 10:12 PM PST Overlooking the demand of India Inc to lower interest rates, the Reserve Bank in its policy review may refrain from cutting policy rate as the inflation of manufactured goods is still high. 
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| Growth should be given priority in budget: CII Posted: 21 Jan 2012 09:47 PM PST Finance minister Pranab Mukherjee should give priority to measures that would boost growth and help curb fiscal deficit in the union budget for 2012-13, says industry lobby Confederation of Indian Industry (CII). 
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| FDI in aviation may give flight to domestic airlines Posted: 21 Jan 2012 09:40 PM PST Operating through a tough financial environment, Indian carriers see a ray of hope in the government proposal to allow foreign airlines to invest funds and expertise in them so as to bring back the zing in the sector. 
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| GM ranked as top-selling automaker Posted: 21 Jan 2012 03:32 AM PST General Motors Co regained its title as the world's top-selling automaker in 2011, less than three years after its 2009 taxpayer-funded bankruptcy under the Obama administration. 
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| RBI likely to leave rates unchanged Posted: 20 Jan 2012 05:08 PM PST Market Does Not Expect Cut In Policy Rates And CRR Before March 
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| RIL to buy back 12 crore shares Posted: 20 Jan 2012 05:05 PM PST Offer Worth $2.1Bn Largest In Indian Corporate History, To Pay 870/Share 
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| DoT can't take call on 3G roaming dispute: TDSAT Posted: 20 Jan 2012 04:52 PM PST REJECTS GOVT'S PLEA 
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| Voda's London HQ rejoices after ruling Posted: 20 Jan 2012 04:50 PM PST The Supreme Court judgment, rejecting I-T department's claim of Rs 11,000 crore from Vodafone triggered celebrations at its London headquarters. 
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| Jet Airways posts 4th quarterly loss Posted: 20 Jan 2012 04:59 AM PST Jet Airways posted its fourth straight quarterly loss today, as the top Indian carrier continued to reel under higher fuel costs and lower fares but said its fund-raising plan was on track. 
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| Rupee closes down for 1st day in 7; RBI supports Posted: 20 Jan 2012 04:56 AM PST The rupee fell for the first session in seven today as dollar demand from oil importers overwhelmed inflows, although suspected RBI intervention helped the currency recover smartly from the day's low. 
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