Business

This is the 12th consecutive quarter for Bharti Airtel when profit has dropped.

The data said that the growth in the GDP during 2011-12 has been achieved due to expansion in financing, insurance, real estate and business services.

HDIL shares extended losses after the company's promoter sold around 50 lakh shares earlier this week to help fund a land acquisition by the company.

The call price increase will be extended to all of India's 22 telecommunications zones in a phased manner.

The proposal now needs a go-ahead from Cabinet Committee on Economic Affairs.

Poland's state-controlled LOT Airlines earlier said it would seek compensation from Boeing for grounding its two planes.

Besides, the CCPA also decided to raise the cap of subsidised LPG cylinders from six to nine per household in a year.

By revising rates, the government is trying to cut an unprecedented Rs 1.6 crore revenue loss expected from selling LPG, diesel and kerosene below cost this fiscal.

Strengthening of the euro against the dollar overseas also supported the rupee, forex dealers said.

The emails contradict claims by Wal-Mart senior executives they had no knowledge of bribes made by the company.

Citigroup raised emerging market industrials to neutral from underweight while cutting telecoms to underweight.

The Railway Minister clarified that the fares will not be hiked in Railway Budget.

The government is betting on the revenue from phone airwave auctions and stake sales in state-run companies to plug its widening fiscal deficit.

Vodafone has repeatedly clashed with Indian authorities over taxes since it bought Hutchison Whampoa's local mobile business in 2007.

The cabinet approved a 9.5 per cent stake sale in NTPC in November to help rein in its ballooning fiscal deficit.

The DGCA asked Kingfisher Airlines for commitment on funding, urging it to talk to all the stakeholders.