2009-11-07 09:55:50
E-commerce giant eBay has settled its long-running legal feud with the founders of Skype, clearing the way for a $2-billion sale of the internet telephony pioneer, the company announced Friday.
2009-11-06 14:22:41
Domestic private air-carriers, Jet Airways and Kingfisher Airlines, on Friday effected a hike in fuel surcharge by up to Rs 200 on their domestic flights. The hike comes into force with immediate effect, both said.
2009-11-06 14:20:23
ArcelorMittal SA, the world's largest steelmaker, plans to invest $5 billion to build a new steel mill in Brazil, CEO Lakshmi Mittal said in statements published by Brazilian business daily Valor.
2009-11-06 11:31:27
The Bombay Stock Exchange benchmark Sensex on Friday soared by 208 points in opening trade on continued buying by funds, driven mainly by firming global trends after a better-than-expected US economic data.
2009-11-06 10:53:56
The Indian rupee on Friday appreciated by 20 paise to touch a week-high of 46.80 against the US dollar in early trade on dollar selling by exporters.
2009-11-06 10:14:03
The FBI has charged 14 people, out of which five have already pleaded guilty, in a case related to the $20 million hedge fund insider-trading scam, the largest ever such case in the US.
2009-11-05 17:01:49
Prime Minister Manmohan Singh will inaugurate the three-day India Economic Summit on Sunday being held here in the backdrop of the global financial crisis.
2009-11-05 14:21:27
Based on the new guidelines on disclosing the official wholesale price index, India's annual rate of inflation declined 0.11 per cent during the week ending October 24.
2009-11-05 12:44:17
Wipro Consumer Care and Lighting, the FMCG arm of the IT bellwether, Thursday announced the acquisition of Yardley personal care business in Asia, Middle East, Australasia and some African markets from the British based Lornamead group for $45.5 mill
2009-11-05 11:39:50
India's purchase of 200 tonnes of gold for $6.7 billion from the International Monetary Fund (IMF) "shows central banks are getting on board with the idea that the bull market in gold still has legs," according to Forbes magazine.
2009-11-05 11:37:25
Infrastructure development firm Maytas Infra on Thursday said it has bagged an order worth Rs 790 crore from ILandFS Transportation Networks Ltd (ITNL) for road construction work.
2009-11-05 11:35:05
The Indian rupee on Thursday depreciated by nine paise to 47.14 against the US dollar, largely on fears of capital outflows by foreign funds is expected to open weak in line with bearish trend in other Asian equity markets.
2009-11-05 11:32:51
The Bombay Stock Exchange benchmark Sensex on Thursday fell by over 184 points as funds and retail investors preferred to book profits amid weak Asian markets. Fears of rise in inflation, the weekly data for which to be released later today, also cas
2009-11-05 09:46:54
The government ruled out slapping a ban on onion export, saying the shooting prices of the edible kitchen bulb is a temporary problem and rates may fall in two-and-a-half months with the arrival of new crop.
2009-11-04 17:05:40
Snapping the six-day falling streak, the Bombay Stock Exchange benchmark Sensex today spurted by over 500 points as buying got a big boost after Finance Minister Pranab Mukherjee said the government would not withdraw stimulus measures.
2009-11-04 11:03:36
The Bombay Stock Exchange benchmark Sensex rose by 218 points in opening trade on Wednesday on buying by funds and retail investors after Finance Minister Pranab Mukherjee ruled out withdrawal of stimulus packages.
2009-11-04 10:33:14
The Indian rupee appreciated by 22 paise in early trade on Wednesday on expectations of fresh capital inflows by capital funds as stock market may open higher, tracking firming trends on other Asian equity markets.
2009-11-04 10:08:28
US consumer goods and pharmaceutical company Johnson and Johnson said on Tuesday it would cut around 8,000 jobs in a bid to trim costs in the wake of the recession.
2009-11-04 10:05:21
About 50,000 pirated DVDs of Microsoft Windows 7 are estimated to have been sold here since the official launch on October 22, generating unaccounted business of around Rs 50 lakh (nearly $100,000).
2009-11-03 11:10:39
Engineering and construction company Larsen and Toubro on Tuesday said it has bagged an order worth Rs 6,897 crore from Maharashtra State Power Generation (Mahagenco) for manufacturing turbine generator units.
