Shares of IT major TCS on Friday tumbled over 8 per cent after its September quarter numbers failed to meet market expectations.
Cellular industry is on the brink of financial crisis with the accumulated losses at over Rs 7,100 crore.
In a multi-crore deal, personal and healthcare major Emami Ltd has added megastar Amitabh Bachchan to its list of brand ambassadors, which include Indian cricket captain Sourav Ganguly and cine actress Madhuri Dixit.
We can't wait to see Maruti Suzuki S-Cross and Hyundai ix25 hitting the roads.
Wipro announced a 100 per cent interim dividend (Rs 5 per equity share of face value Rs 5) for the year ending March 31, 2007.
Besides seeking damages worth Rs 10,000 crore (Rs 100 billion), Anil Ambani has demanded an apology from elder brother Mukesh and others named by him in a defamation suit filed in the Bombay high court.
India on Wednesday announced auction of 46 small discovered oil and gas fields, holding about Rs 70,000 crore worth of hydrocarbon reserves.
In a bid to increase its share of the digital imaging products market, Canon India would invest over Rs 10 crore (Rs 100 million) in marketing and channel development during 2004.
Transfer pricing tax orders of Income Tax against Shell and Vodafone pertain to alleged undervaluation of shares issued by their domestic subsidiaries to the parent companies abroad.
The government has fixed a target of 1 lakh (100,000) subscribers under the pension scheme for senior citizens through the Life Insurance Corporation, the Lok Sabha was informed on Friday.\n\n
RCom had recently received spectrum in 13 circles under the new cross over technology policy, in which a code division multiple access operator can also operate GSM services with the same licence. IT operates GSM in the remaining circles.
Apollo overtakes MRF to be the largest tyre maker.
Housing.com boss gifts his shares to staff.
"Once the pipeline becomes operational, HDC will lose an annual cargo inflow of 18 million tonne in petroleum and POL products. Given that HDC earns about Rs 100 per metric tonne, the loss works up to Rs 180 crore," Secretary of the Haldia Dock Officers' Forum R K Burman told PTI. Besides, the three oil jetties at HDC, set up at a cost of about Rs 75 crore (Rs 750 million), would become underutilised, Burman said.
Mukesh Ambani-controlled Reliance Petroleum, which is coming out with an initial public offer to raise about Rs 6,000 crores
ICICI Prudential Life Insurance has become the first private insurance company to cross Rs 10,000 crore sum assured over a premium income of Rs 680 crore within 3 years of operations and plans to hike its capital further to expand the business.
The government on Wednesday sought Parliament's approval for additional net cash spending of nearly Rs 43,060 crore (Rs 430.60 billion) for 2007-08. This includes Rs 10,000 crore (Rs 100 billion) for creating a Farmers Debt Relief Fund for waiving the debt of small farmers. The expenditure outgo is part of the third and final batch of supplementary demands of grants for the current fiscal that was tabled in the Lok Sabha on Wednesday by Finance Minister P Chidambaram.
The government on Wednesday approved Rs 10,000 crore (Rs 100 billion) 'Fund of Funds for Startups' to support them with an aim to generate employment for 18 lakh persons.
Some of the violations that will lead to community service include failure to pay social security contribution of workers, maintain records, furnish information to inspectors, pay gratuity to workers, provide crche facility and medical pay, and retrenching women workers during maternity leave.
