Markets end tad higher after late-recovery

Markets reversed early losses shrugging off RBI's neutral stance on key policy rates to end near the day's high led by gains in index heavyweights and Mahindra & Mahindra. The Sensex after touching......

M&M in share-swap deal with Spain's CIE

To merge arms, sell stake in combined entity to CIE for Rs 770 cr; to use proceeds to buy 13.5% in Spanish firm for Rs 740 crTractor and utility vehicle major Mahindra & Mahindra (M&M) has entered......

US looks into India's concerns on outsourcing

India, which has conveyed its concerns to the US on outsourcing and H-1B visa fee hike, has said the Obama administration is looking into the matter, which can be resolved in a 'very reasoned and......

Mahindra Ugine and Forgings to cut output

Owing to the severe slowdown in the automotive sector, Mahindra Ugine Steel Company (Musco) and Mahindra Forgings (MFL) has stated that it will cut production by means of plant shutdowns and also......