RBI to Hold Exchange Rate Policy
The Reserve Bank of India (RBI) will stick to its exchange rate policy and the guidance provided on monetary policy would hold until further notice.
Growth in India Boosts Vodafone Result
Vodafone edged its full-year outlook higher on Tuesday. The results were boosted by strong growth in India.
Toyota Q2 Profit Falls by 32 Percent
Toyota Motor Corp posted a 32 percent drop in quarterly operating profit and withdrew its full-year profit forecasts.
‘We Will Let Sachin Get the Century’: MS Dhoni
Sachin Tendulkar's 100th international century is the expected highlight of the three-test series against West Indies but Mahendra Singh Dhoni does not to talk about it.
Break Through in Bhutto Murder Case; Court Indicts 7
A Pakistani court indicted five Islamist militants and two police officers in the high-profile assassination of former Prime Minister Benazir Bhutto.
Tata Group Planning to Acquire New Hope
Tata group is looking at the assets of Australia's New Hope Corp, a $5 billion coal miner that put itself up for auction last month.
Pakistan’s Relationship with India Improving –Pak FM
Pakistan's Foreign Minister said today that its troubled relationship with India has improved in recent months.
RBI May Reverse Tight Monetary Stance Soon
The Reserve Bank of India (RBI) may consider reversing its tight monetary stance as inflationary woes begin to ebb next month, a top policy adviser said.
Doubts over Kotla Pitch Ahead of India-West Indies Test
India host West Indies in the opener of their three-match series on Sunday but there are doubts on the Ferozeshah Kotla Stadium pitch, which will be hosting a test for the first time since serving an international ban.
2,000 Hikers Trapped in Bad Weather near Mount Everest
About 2,000 foreign hikers have been trapped in bad weather on the slopes of a mountain near Mount Everest in a remote corner of Nepal for the past four days.
‘Pakistan is not backtracking on MFN’ – Pak Official Source
Indian government source accused Pakistan of backtracking its announcement on granting the trading status of Most Favoured Nation to the country, but Islamabad denied the allegation.
Rahul Gandhi Stepping into His Mother’s Shoes?
Rahul Gandhi, General Secretary of Indian National Congress, is likely to step into the shoes of his mother Sonia Gandhi.
Videocon Planning to Sell 25 Percent Stake
Videocon Industries is looking to sell a 25 percent stake in its direct-to-home broadcast services business for roughly $75 million to $100 million.
Will the Government Rollback Petrol Price Hike?
Following uproar from all quarters for hiking the price of petrol by 2.7 percent amidst inflated economy, sources from the ruling Congress party said that there is possibility of partially roll back in the hike.
HCL Infosystems Profit Plunged by 74 Percent
Quarterly net profit of HCL Infosystems plunged 74 percent as its flagship computer retailing business suffered in an economic slowdown worsened by lesser government investment in computing and office automation business.
Court Grants Bail to Satyam Founder Ramalinga Raju
The Supreme Court on Friday granted bail to Ramalinga Raju, founder and former chairman of outsourcing firm Satyam Computer Services Ltd, in a $1.5 billion financial fraud case.
Pakistan Backtrack on Granting MFN Status to India
Pakistan has backtracked since announcing earlier this week that it had granted India the status of Most Favoured Nation in trade.
TRAI to Relax Rules for Telecom Sector Consolidation
The Telecom Regulatory Authority of India (TRAI) on Thursday proposed a relaxation of guidelines for mergers and acquisitions in the telecom sector
SAIL Q2 Profit Falls: Blames Rising Costs, Strong Dollar
Steel Authority of India (SAIL), the country's largest domestic steel producer, blamed a halving of quarterly profit on rising costs and a strong dollar on Thursday.
India Has Highest Share of Asia Family Businesses
India has the highest percentage share of family businesses in Asia, accounting for 67 percent of total listed companies with market capitalisation of more than $50 million.
