Business
Vodafone offers to pay Rs 4,000 cr for extension of licences
Nation's second largest telecom firm Vodafone India has offered to pay Rs 4,000 crore and a spectrum usage charge of 3 per cent for extension of permits for Delhi, Mumbai and Kolkata service areas for 20 years.
State-run banks rally on stabilising assets, valuations
Bank of India Ltd shares surge 14 per cent after its July-September net non-performing loans ratio fell to 1.85 per cent at quarter-end versus 2.04 per cent a year earlier.
Vodafone moves to fully own India unit in $1.7bn deal
Vodafone Group Plc has sought approval from the authorities to raise its stake in the India unit for 101.41 billion rupees it said on Tuesday, after India allowed foreign companies to take full ownership of local carriers.
Infosys says in process of resolving US visa probe
US authorities have been investigating India's second-largest information technology services exporter since 2011.
Top 30 NPA accounts of PSU banks under government scanner: Chidambaram
Concerned over defaults by big borrowers, Finance Minister P Chidambaram on Tuesday said the government is monitoring the top 30 NPA accounts in each PSU bank and asked the lenders to set up separate verticals to recover money from written-off accounts.
Wholesale, retail inflation up in September; rate cut hope fades
Indicating worsening of the price situation, inflation - wholesale as well as retail - went up in September because of costlier food items, especially onion and vegetables, dimming the prospects of rate cut by RBI later this month to boost the sagging eco...
Sensex advances fifth day led by software makers, up 79 points
Mumbai: The benchmark Sensex on Monday climbed 79 points to the highest level in more than three weeks on buying in software stocks amid negative signals from inflation and industrial output data.
September WPI inflation higher at 6.46% vs 6.1% in August
Most economists had expected it to be elevated above 6 percent which is similar to August numbers.
Sensex closes at 20,528.59, up 255.68 points
NSE index Nifty shot up by 75.25 points, or 1.25 per cent, to 6,096.20.
India rejects IMF projections on economic growth
New Delhi: India on Wednesday rejected IMF's growth projections of 3.75 per cent for the current fiscal as "pessimistic", saying that the economy is turning around and the GDP expansion will exceed 5 per cent.
Analysts welcome RBI moves;see another repo hike on Oct 29
A cut of up to 0.25 per cent more in the MSF rate and a hike of up to 0.50 per cent in the repo rate is expected by December.
PepsiCo names Chadha Asia, Middle East, Africa CEO
A veteran having spent 23 years at PepsiCo, Chadha will directly report to company's Chairman and CEO Indra K Nooyi.
Sensex cheers US Fed move, ends 684 points up
The Nifty rose as much as 4.1 per cent, marking its highest level since May 22, 2013, while the Sensex rose as much as 3.9 per cent, marking its highest level since November 11, 2010.
Gates tops Forbes rich list again as young wealthy play catch up
Bill Gates was followed by Warren Buffett, who despite giving away about $1 billion in 2012, was the biggest gainer.
Michael Dell, Silver Lake win shareholder OK for $25 billion buyout
Shareholders cast their votes at a special meeting on Thursday morning and based on results, the buyout won their go-ahead and the deal.
Target MBA - 2013: Methods to Building Concepts
With just 40 days to go for CAT which marks the start of the MBA entrance test season, here's what your Prep needs to cater.
