Business news

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Manmohan Singh Meets Top CEOs of Korea in Seoul

Prime Minister Manmohan Singh Monday met the top CEOs of Korea and sought larger monetary investments in India.

Mar 26, 2012

Kingfisher Airlines Agrees To Clear Rs 10 Crore Of Service Tax Dues

Central Board of Excise and Customs (CBEC) chief S K Goel on Sunday said that the ailing Kingfisher airlines had agreed to clear Rs.10 crore of its whopping Rs.76 crore service tax due, in service tax arrears which it has already collected from passengers, by end of this fiscal year.

Mar 25, 2012

Manmohan Singh Invites Korean Firms To Invest In India

Manmohan, who is on a bilateral tour in the Republic of Korea, encouraged Korean firms for more investments in India and suggested the small and medium sized companies to launch its business in Indian markets.

Mar 25, 2012

BSE Sensex Up By 1 Percent; Software Service Exporters Gain

After falling by over 2 percent in the previous session, the BSE Sensex rose by 1 percent on Friday.

Mar 23, 2012

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iOS 5.1 Code Hints 4G LTE Apple iPhone; Superior to iPhone 4S and New iPad

It seems Apple Inc is eyeing something big and special after its iPhone 4S and new iPad which hit the stores recently. Apple's iOS 5.1 code has hints that it is working on a 4G LTE iPhone.

Mar 23, 2012

Apple's Future iPhone 5 To Be Sharper, Bigger With 4.6-Inch Retina Display

Gadget lovers around the world have something to look forward to if the latest reports are to be believed.

Mar 22, 2012

BSE Sensex Down by Over 2 Percent

The BSE Sensex witnessed a fall of over 2 percent on Thursday due to outflow of foreign money. It is the biggest one-day fall since last February.

Mar 22, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Thursday fixed the reference rate for the US dollar at 50.9055 rupees and the euro 67.4035 rupees.

Mar 22, 2012

India-Zimbabwe Trade Doubles in Four Years

Trade between India and Zimbabwe has reached to US $ 125 million in the financial year, 2010-2011, said Commerce Ministry Tuesday.

Mar 21, 2012

BSE Sensex Closes on a Good Note; Up by 1.65 Percent

The BSE Sensex closed up by 1.65 Percent on Wednesday, its second straight rise. Software companies and financial institutions gained on renewed growth hopes.

Mar 21, 2012

Mahindra Satyam To Merge With Tech Mahindra

The Mahindra group has approved the merger of its IT services providers Mahindra Satyam and Tech Mahindra Ltd. The combined revenue of the merged companies is expected to touch $2.4 billion, making it India's fifth largest software services exporter.

Mar 21, 2012

RBI's Reference Rate for Dollar Today

The Reserve Bank of India (RBI) on Wednesday fixed the reference rate for the US dollar at 50.5935 rupees and the euro 67.1366 rupees.

Mar 21, 2012

Additional Foodgrain Godowns To Be Created In 19 States

The government is planning to construct foodgrain storage capacity of 151 lakh tons in 19 states, said Minister of Consumer Affairs, Food and Public Distribution K.V. Thomas informed the Parliament Tuesday.

Mar 20, 2012

Govt Warns Kingfisher Airlines of Canceling Its License

Kingfisher Airlines could get into more trouble with the civil aviation minister warning to strip off its license if the airline fails to meet the safety norms and financial viability conditions.

Mar 20, 2012