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Rupee falls 12 paise to 63.50, snaps 5-day rally; Sensex drops 216 points

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Mumbai: The rupee surrendered initial gains on Thursday and fell for the first time in six days, dropping 12 paise to close at 63.50 against the dollar on fresh demand for the US currency from

Nokia eyes 15 crore Urdu speaking people with Rs 2,500 cell phone

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New Delhi: Finnish handset maker Nokia unveiled its first mobile phone in India built primarily to target about 15 crore Urdu speaking population in the country.
"I don't know about other countries b

Petrol price may come down by up to Rs 1.50/litre

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Petrol prices may be cut by as much as Rs 1-1.50 per litre next week on falling international oil rates and appreciating rupee but a one-time hike in diesel and possibly LPG rates is still on the card

iGate appoints former Infosys man Ashok Vemuri as CEO and president

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Mumbai: Outsourcing firm iGate has appointed Ashok Vemuri as President and Chief Executive Officer with effect from September 16.The company had sacked former CEO Phaneesh Murthy in May this year ove

NPAs hot up e-auction space

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The e-auction of stressed assets of various banks is hotting up with NPAsource.com, aiming to undertake over `600 crore worth of e-auctions of the non-performing-assets (NPAs) of various banks in 2013

Rolls Royce eyes Indian affluent class

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Chennai: Luxury carmaker Rolls Royce Motor Cars is eyeing the nouveau-rich segment, especially in non-metros, to drive its growth in the Indian market. The firm is expected to be out with its exclusi

Hyderabad's millionaire population on the rise

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Hyderabad: Despite the rupee weakening against the dollar, and the general economic slowdown, Hyderabad’s millionaire population continues to increase.According to a survey, the city stands fifth in

‘iPhone 5C to face competition from iPhone 4 & 4S in India’

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Apple’s new iPhone 5C may face fierce competition from iPhone 4 series in the country since these models are likely to fall in the same price bracket, according to analysts.

Telecom Scam: Does the nation deserve an apology?

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Memory is a strange thing. In a chaotic democracy like ours, it is a scarce commodity.Just a few monsoons back, the country was rocked by a report released by the Comptroller and Auditor General of I

NSA calls Steve Jobs ‘Big Brother’

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Washington: The US’ spy agency National Security Agency (NSA) reportedly suggested tech giant Apple’s co-founder Steve Jobs as ‘Big Brother’ while describing iPhone users as ‘zombies’, according to t

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.