Toyota recalls more than 25,000 vehicles in Australia

Car manufacturer Toyota has announced it is recalling more than 25,000 vehicles in Australia because of problems with brake fluid leaks. The company is recalling 17,000 Kluger and 8,000 Lexus models in Australia.The Japanese automaker yesterday announced a safety recall of more than 1.5 million cars...

NALCO presents dividend cheque to Mines Minister<br/>

WTO to hold 8th ministerial meet in Geneva

The World Trade Organisation&apos;s eighth ministerial summit will take place from 15th to 17th September, 2011, in Geneva, despite the continuing uncertainty over when Doha Development Agenda (DDA) trade negotiations will be concluded.At a meeting of the WTO&apos;s powerful General Council,...

Rupee down by 19 paise against dollar

The Indian rupee depreciated by 19 paise to 44.49 rupees a dollar in early trade today, weighed down by dollar&apos;s strength against other Asian currencies. However, positive opening on the stock markets on continued capital inflows by foreign funds into equities, capped its losses.

Sensex opens 79 points high in opening trade

The Sensex continued its rally from yesterday and opened 79 points high in the opening trade on good quarterly reports from the country&apos;s largest software firm Tata Consultancy Services. The 30-share index today rose by 0.39 per cent to 20,340 points on the back of rally in IT, tech and con...

Sensex gains 388 points to close at 20,260

The Sensex at the Bombay Stock Exchange shot up by 388 points to close at 20,260 crossing again the psychological level of 20,000 point. Positive cues from European and US markets led the spectacular gains. The NIFTY at the National Stock Exchange also gained 119 points to close at 6101.The BSE midc...

Food inflation drops 0.84 per cent

Food inflation fell by 0.84 percentage points to 15.53 per cent for the week ended October 9. It was 16.37 per cent in the previous week. The fall in the food inflation rate is mainly due to improved supplies and declining prices of certain vegetables, especially, potato. Government data released to...

Food inflation drops 0.84 per cent

Food inflation fell by 0.84 percentage points to 15.53 per cent for the week ended October 9. It was 16.37 per cent in the previous week. The fall in the food inflation rate is mainly due to improved supplies and declining prices of certain vegetables, especially, potato. Government data released to...

Coal India IPO oversubscribed<br/>

The IPO of the country&apos;s largest coal producer, Coal India Limited, has been subscribed more than 15 times. It saw an overwhelming response from investors, receiving bids for more than 53 billion dollars worth of equity shares, against the issue size of 3.5 billion dollars by the last day, ...

Nokia to cut 1,800 jobs

Finnish mobile phone maker Nokia is to cut 1,800 jobs. It made the announcement as it reported a net profit of 529 million euros for the three months to September, after a loss of 559 million euros a year ago. Nokia, the biggest handset maker in the world, said it had sold 110 million handsets - 2 p...