Business
Consultants hired for Air-India merger
The Air-India Board shortlisted three consultants to prepare a roadmap for merger of Air-India and Indian Airlines.
PPF - The Ultimate Debt Investment!
Public Provident Fund is the best tax saving scheme as gives investment returns at the lowest level of default risk.
Record day in history of Mittal Steel
Overwhelmed by Arcelors' consent to merge with Mittal Steel, L N Mittal said, it is the greatest day in the history of his co.
What Mittal-Arcelor deal means to India
As, Arcelor gave in to Mittal's offer, the fact that Mittal is an Indian evokes a sense of pride in each Indian's mind.
Birla group acquires Canadian BPO firm
A V Birla group entered into a definitive agreement to acquire Canada's largest BPO firm Minacs for $125 million.
Getting Modern is a suffering for HLL
HLL was unable to turn around Modern Foods because it doesn’t have the experience in distributing perishable goods.
US govt looking at Indian IT firms
The US government is the latest among a growing group of customers looking to Indian IT firms to manage IT hardware.
Why corporates in a mad rush for SEZ?
Ever since the new SEZ policy was approved in Feb, the govt has already received above 100 applications to set up SEZs.
US fund to invest $1 mn in Indiabulls
Indiabulls will issue preference shares worth Rs 6.44 bn to Oberon Ltd a fund managed by US-based Farallon Capital Management.
Sensex closes above 10,000 pts
The markets continue to witness volatile trades on alternate bouts of buying and selling in scrips.
Wipro on a shopping spree
Six companies in six months, that's how many firms Wipro has acquired and it's not through with its shopping yet.
DoT seeks GSM details from Reliance
As a part of switch over plan, Reliance may have to vacate part of CDMA spectrum in order to get GSM spectrum.
Mkts fall, investors shifting options
Falling mkts have scared off equity completely and perhaps investors are thinking over alternatives for secured investments.
Arcelor rejects Mittal's revised bid
Arcelor said Mittal's revised offer does not take into account the company's financial results for 2005 and the first quarter of this year.
Liquidity bubble may burst soon
Fears of a global liquidity recession are mounting with interest rate hikes being taken up by central banks world over.
Grab it! Gold touches 10-week low
A hike in interest rates by banks in domestic and global markets also reduced the lure for the precious metal.