Business
Worst closing for Sensex since '05
The markets saw another steep fall on Tuesday on account of heavy selling in scrips across sectors.
Govt plans to raise FDI in insurance
The proposed bill provides for increasing FDI cap in the insurance sector from 26 per cent to 49 per cent.
States find way to cut fuel price hike
The Andhra Pradesh government on Saturday has slashed petrol and diesel prices by 40 paise and 22 paise respectively per litre.
Moody mkts: method in the madness
The stock markets are down about 25 per cent from the peak levels they touched in mid-May.Could things get any worse?
Motorola to invest $100 mn in India
Motorola will invest $100 million to build a handset and telecom equipment plant in India to counter Nokia's dominance.
Bull mkt over; bear hug is here to stay
A Morgan Stanley report says that the four-year global growth boom might be over.
Arcelor to hold talks with Mittal
Luxembourg-based steel company Arcelor has confirmed receiving Mittal Steel's business plan for its $33 billion takeover bid.
New Saral will be taxing: Experts
Tax experts do not share the views of the Finance Ministry that new income tax form is simpler than Saral form.
Yahoo cuts CEO's salary to $1
Yahoo Inc said that its board of directors have shrunk Chairman and CEO Terry Semel's annual salary to $1 per annum.
Rupee recovers from three year's low
The rupee edged up from a three-year low hit a day earlier, as banks unwound long-dollar positions.
Global markets down, says Chidambaram
Finance Minister says market crash will not affect consumer demand, admits selling by FIIs partly led to meltdown.
Rupee slides to a six-month low
Sustained month-end dollar demand amid reduced FII's inflows sent the rupee sliding to Rs 46.1950/2050 per dollar on Tuesday.
Indian Bank to sell gold to boost profit
In an attempt to boost business, the Indian Bank is stepping up retail sales of its recently launched gold coins.
Air Deccan IPO struggles to take off
An IPO by discount carrier Deccan Aviation has struggled to find takers, raising questions on the viability of the low-cost airline.
In 7-10 yrs DLF to invest Rs 1 lac cr
"The company is also talking to various other global brands like Four Seasons and Peninsula for luxury hotel segment".
Food retailers bet on bigger stores
India's major retailers have an annual turnover of an estimated $7 billion, but that's just 3 pc of the retail market.