Mumbai :: India
| updated Mon Nov 30 06:19:28 -0800 2009
| business-news
Rupee rose on Monday after the strongest economic growth data in 18 months reinforced expectations of recovery and as stocks rallied on easing concerns about Dubai's debt problems. The partially convertible rupee ended at 46.50/52 per dollar, off a high...
Mumbai :: India
| updated Mon Nov 30 02:33:40 -0800 2009
| business-news
Western bankers fell over each other to book space in his Dubai International Financial Center, a handsome if somewhat over-the-top real estate project aimed at being the Wall Street of the Gulf...CEOs and politicians came to Dubai to pay court...
Thiruvananthapuram :: India
| updated Mon Nov 30 03:08:34 -0800 2009
| business-news
Our foray into the float glass segment is to further expand our horizons in the glass industry," said HNG joint managing director Mukul Somany. "The first set of production is expected to be ready by the end of December 2009,"...
New Delhi :: India
| updated Mon Nov 30 11:09:12 -0800 2009
| business-news
Police did not seek his custodial interrogation. Mubarak, who runs a computer hardware shop, was arrested from Bhagirathi Vihar in East Delhi and charged under IPC sections 182 (giving false information to a public servant), 341 (wrongful restraint) and 505...
Chennai :: India
| updated Sun Nov 29 12:13:18 -0800 2009
| business-news
While no policy statements have come from either the government or the Reserve Bank of India, reports of a meeting that the chairmen of the five top public sector banks had with officials of the Finance Ministry have evoked renewed...
Mumbai :: India
| updated Mon Nov 30 01:38:54 -0800 2009
| business-news
India's strong GDP data cheered investor sentiment that the economic recovery is gaining momentum, thus signaling that policy makers may not withdraw the stimulus, until it reviews the economic conditions early next year According to government data released on Monday,...
Chennai :: India
| updated Sun Nov 29 12:13:30 -0800 2009
| business-news
The UPA Government, for its part, helped tap the potential of the vast domestic market through its three stimulus packages. All the major industries have been stepping up turnover and profit in the first six months of the current financial...
Mumbai :: India
| updated Sun Nov 29 12:52:16 -0800 2009
| business-news
It isn't fair to announce an across-the-board salary reduction. We have now realised that we will have to do a complete overhaul of the salary structure, wage agreements, etc to arrive at a fair picture," ministry sources said. According to...
Mumbai :: India
| updated Sun Nov 29 21:18:48 -0800 2009
| business-news
The investment bank will also work with third-party vendors such as Wipro, he told the paper. In Pune, near Mumbai, the investment bank has a virtual captive unit that works out of a Wipro facility and employs around 2,000 people,...
Mumbai :: India
| updated Sun Nov 29 21:25:02 -0800 2009
| business-news
Ordinarily, we would just now be getting into the time of the year when fund investors would be turning their attention to tax-saving funds. However, this year, there appears to be less enthusiasm for such funds and the fault seems...
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