Business

The final approval of the Government has set in motion the process to create South Asia's largest airline.

Government has proposed a 5-year holiday from income tax keeping to raise 20,000 hotel rooms for the Commonwealth Games.

Finance Minister P Chidambaram on Tuesday proposed a hike in the defence budget for 2007-08 to Rs 96,000 crore.

Lalu Prasad’s special affinity with the Indian Institute of Management, Ahmedabad, came to the fore in his annual Rail Budget.

The economic survey 2006-07 suggested that industrial growth of 10 per cent annually during the Eleventh Plan appears eminently achievable.

The markets traded under pressure throughout the day on the back of selling pressure across the board.

Budget full coverage.

Mallya has reportedly agreed to raise his price for whiskey major Whyte & Mackay to 550 million pounds.

The Sensex was down by 281.79 points after a hike in cash reserve ratio by the Reserve Bank of India late on Tuesday.

Vodafone's CEO Arun Sarin meets Communications Minister Dayanidhi Maran and briefs him on future plans.

Essar says awaiting official communication from HTIL, will evaluate options in coming weeks.

The highly efficient deliverers of the city's lunch tiffins, are now embracing a new friend - telecom major Airtel.

Infosys Technologies' Intranet service Sparsh has been selected as one of "The Year's 10 Best Intranets".

At 0956 hours, Sensex was up 41 points at 14158 and Nifty was up 2.45 points at 4198.

The proposal involves transporting the gas through a pipeline that the three countries plan to jointly build.

Maruti Udyog announced a price hike of upto Rs 12,000 with effect from next month.