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Business News

Bank strike hits individuals, corporates alike


New Delhi, Aug 7 (IANS) A strike by over a million employees of 25 state-run banks hit both individual and corporate customers Friday, the second day of the two-day strike over wa...More

India-US trade summit to focus on collaborations


Bangalore, Aug 7 (IANS) Cashing in on the upswing in ties following the visit of US Secretary of State Hillary Clinton, the Sep 10-11 India-US trade summit in New York will explor...More

Continuous selling pulls down Sensex further


Mumbai, Aug 7 (IANS) Continuous selling in auto, consumer durables, realty and power stocks pulled a key index of the Indian equities markets further into the red a little more th...More


Bank strike notice greets MPs


New Delhi, Aug 7 (IANS) They walked up to the bank and were greeted by a shutdown notice. Many parliamentarians Friday got a taste of the hardship caused by a two-day nationwide b...More

Economy looking up, but scanty rains a problem: Mukherjee


New Delhi, Aug 7 (IANS) Finance Minister Pranab Mukherjee Friday indicated the economy was beginning to look up but he was unsure of the way it was going because of the scarce rai...More

Bank strike affects individuals and corporates alike


New Delhi, Aug 7 (IANS) A strike by over a million employees of 25 state-run banks was affecting both individual and corporate customers Friday, the second day of the two-day stri...More


Delhi has paid over Rs.200 crore for Himachal dam: Dhumal


Shimla, Aug 7 (IANS) The Delhi government has provided Rs.214.83 crore to Himachal Pradesh for a hydroelectric project that will provide drinking water to the national capital, Hi...More

Sensex opens weak, down 51 points


Mumbai, Aug 7 (IANS) A key index of the Indian equities markets opened in the red Friday and was 51 points down about 15 minutes into trade. The sensiti...More

Over 26,000 Indian business visas issued in China


New Delhi, August 6 (IANS) India has issued over 26,000 business visas in China so far in 2009, parliament was told Thursday. Minister of State for Exter...More

CII suggests 12-point agenda for infrastructure projects


Chennai, Aug 6 (IANS) The Confederation of Indian Industry (CII) Thursday outlined a 12-point agenda for the faster implementation of infrastructure projects with special focus on...More

Larsen and Toubro scales down investment for Chennai shipyard


Chennai, Aug 6 (IANS) Hit by the economic slowdown, engineering and construction major Larsen and Toubro (L&T) has scaled down its investment plan for the upcoming Chennai shipyar...More

Government rules out takeover of Reliance gas distribution


New Delhi, Aug 6 (IANS) Petroleum and Natural Gas Minister Murli Deora Thursday ruled out a state takover of the distribution of Krishna-Godavari (KG) gas, over which the Ambani b...More

Jet Airways launches Mumbai-Riyadh flight


Mumbai, Aug 6 (IANS) Private carrier Jet Airways Thursday launched its maiden flight from Mumbai to Saudi Arabian capital Riyadh. Riyadh is now Jet's sec...More

Noida firm to invest Rs.1,500 crore on green building project


New Delhi, Aug 6 (IANS) Noida-based green building developer 3C Company Thursday announced the launch of a Rs.1,550-crore green residential project in the national capital region....More

Anil Ambani group says pressure working on Reliance Industries


Mumbai, Aug 6 (IANS) The Anil Dhirubhai Ambani Group Thursday said it was surprised to note a sudden increase in the output of gas from the Krishna-Godavari basin by Mukesh Ambani...More

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