Business
IT sector slows down hiring to cut costs
According to experts, the information technology sector in the country witnessed steep decline in hiring activities.
Rupee rebounds from weak open; caution prevails
The rupee recovered from a weak open to gain to above 56 to the dollar on Friday.
Stations development: Railways seek Cabinet approval
The long term leasing of land requires Cabinet's approval to construct MFC or world class stations in India.
Sensex ends 199 pts up; SBI, BHEL top gainers
Top gainers on the Nifty were BHEL, SBI, Reliance Infra, Tata Power and Mahindra and Mahindra.
Rupee down 27 paise against dollar
However, the Reserve Bank's indication that it may sell dollars directly to oil companies capped the losses.
Will cooperate in probe: Adidas on Reebok fraud
Reebok India alleged a Rs 8,700 crore fraud by its former MD Subhinder Singh Prem and former COO Vishnu Bhagat.
India's policy decisions dampen investment climate: US
US Ambassador to India Nancy J Powell said she called for a level playing field for US companies doing business with India.
Sensex ends 31 points up; rupee near record low
Reliance Industries, India's most valued stock and oil & gas producer moved up 1 per cent whereas rival state-owned ONGC was down 0.74 per cent.
SBI reports net profit of Rs 4,050 crore in Q4
Net non-performing asset ratio declined to 1.82 per cent as against 2.22 per cent in the Q3.
Piramal to buy US drug data firm for $ 635 mn
Piramal Healthcare aims to close the acquisition of Decision Resources Group, based in Burlington, Massachusetts, by June-end.
Will Indonesia replace India in the BRICs?
While the two economies aren't similar in terms of size the countries share many similarities, leading to comparisons.
April inflation accelerates to 7.23 per cent
The annual reading for February was upwardly revised to 7.36 percent from 6.95 percent, the government said in the release.
Facebook CEO turns 28, IPO could be $100 bn gift
The company is expected to start selling stock to the public for the first time and begin trading on the Nasdaq Stock Market on Friday.
Decision on Insurance Amendment Bill postponed
The Union Cabinet was expected to take a decision to retain the FDI limit at 26 per cent.
Citigroup buys Mumbai property for Rs 985 crore
Citigroup has signed the deal to acquire 2,97,000 sq ft space which is six floors of the 12-story building at Bandra Kurla Complex.
2G: Vodafone seeks more time to respond to ED
The CBI is also probing the 2G spectrum allocation during the NDA regime when late Pramod Mahajan was telecom minister.
