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August 21, 2012 11:20 AM
A US court in Alabama has dismissed harassment charges filed against the Indian IT company, Infosys by one of its American employee.US District Judge Myron H Thompson's two-page ruling last night brought an end to a long drawn case against the Infosys. Finding no basis to support any of the...
August 21, 2012 11:06 AM
The rupee rose by 24 paise to trade at 55.49 against the dollar in early trade today at the Interbank Foreign Exchange on continued American currency selling by exporters and some banks.Forex dealers said besides dollar selling by exporters and banks, a higher opening in the equity market also suppo...
August 21, 2012 9:54 AM
Prime Minister's Economic Advisory Council, PMEAC, Chairman C. Rangarajan has said that a hike in diesel prices is expected in the next two months. He, however, said that PMEAC's role is only to emphasise what needs to be done and the decision has to be taken by the government.In t...
August 21, 2012 9:53 AM
The BSE benchmark Sensex gained 81 points in early trade today on sustained buying by funds and retailers. The 30-share barometer, which had gained 34 points in the previous session on Friday, added 81 points to 17,772.Similarly, the wide-based National Stock Exchange index Nifty moved up by 21 poin...
August 21, 2012 9:33 AM
A US court in Alabama has dismissed harassment charges filed against the Indian IT company, Infosys by one of its American employee.US District Judge Myron H Thompson's two-page ruling last night brought an end to a long drawn case against the Infosys. Finding no basis to support any of the...
August 21, 2012 9:25 AM
The Manesar plant of Maruti Suzuki India will resume its operations today amid heavy security. The plant was closed after July 18 violence that claimed the life of a senior official and injured 100 others. Maruti Suzuki India Chief Operating Officer, Administration, SY Siddiqui said, only 300 perman...
August 21, 2012 9:23 AM
Prime Minister's Economic Advisory Council, PMEAC, Chairman C. Rangarajan has said that a hike in diesel prices is expected in the next two months. He, however, said that PMEAC's role is only to emphasise what needs to be done and the decision has to be taken by the government.In t...
August 20, 2012 8:23 PM
Disinvestment process is being speeded up to meet the target of 30 thousand crore rupees this year. This will also will help the state-owned companies to hit stock markets in time. Sources said the direction was given by Finance Minister P. Chidambaram at a recent meeting of officials. Economic Affa...
August 20, 2012 6:24 PM
Foreign investment in Indian stock markets has crossed 11 billion dollars so far this year. Market analysts expect the inflows will continue amid hopes of government's initiatives on policy reforms. Securities and Exchange Board of India says, the bulk of 1.02 billion Dollars came this mont...
August 20, 2012 6:23 PM
Disinvestment process is being speeded up to meet the target of 30 thousand crore rupees this year. This will also will help the state-owned companies to hit stock markets in time. Sources said the direction was given by Finance Minister P. Chidambaram at a recent meeting of officials. Economic Affa...
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