Slump fails to trump CAs’ demand
New Delhi: Economic slump has not impacted hiring opportunities for chartered accountants in the country as 2,000 of them are expected to be recruited through campus placements this year, accounting
Weak rupee is good, cash on it
Why we are in panic? Weakened rupee is an opportunity. I wonder why our finance minister P. Chidambaram is battling to stem the collapse of the Indian rupee from 55 to a dollar a month ago to 67 this
Government approves India-Abu Dhabi air services accord
New Delhi: The India-Abu Dhabi bilateral air services agreement, which ran into controversy following the Jet-Etihad deal, was approved by the government on Tuesday enabling their airlines to fly 50,
Onion prices may ease soon as South India crop hits market
Onion prices, which continue to rule at an unaffordable level of Rs 60-70 per kg, are expected to cool down in the coming days as new crop from south India has started hitting the market, the government said on Tuesday.
Nokia to sell phone unit to Microsoft for 5.44 billion euros
Beleaguered Finnish company Nokia announced the sale of its mobile phone unit to Microsoft for 5.44 billion euros ($7.17 billion) on Tuesday, bringing an end to its days as a phone maker.
Sensex nosedives 720 pts as rupee falls past 68 vs US dollar
Mumbai: The S&P BSE benchmark Sensex nosedived nearly 720 points in the closing stages of trade on Tuesday on heavy foreign funds outflow as the rupee plunged below 68-level against the US dollar
Kingfisher CEO gets Rs 4 crore pay package; headcount halves
New Delhi: Grounded for almost a year now, Kingfisher Airlines has given its CEO Sanjay Aggarwal a pay package of nearly Rs 4 crore for the last fiscal, during which its headcount nearly halved to 2,
GM India recalling 4,000 Sail cars due to potential engine issue
New Delhi: General Motors Co. (GM.N) said on Tuesday it was recalling 4,000 of its Chevrolet Sail diesel variant cars in India to address a potential engine issue.
The company's Indian unit, General
Government not honouring contracts on KG-D6 gas block, says Reliance
New Delhi: Amidst move to force Reliance Industries to sell gas from its main fields in KG-D6 block at old rates of USD 4.2, the Mukesh Ambani-run firm on Tuesday hit out saying the government was no
Car sales gather pace
New Delhi: Car sales in August appeared to be positive for the auto industry with Maruti Suzuki, Hyundai and Honda posting a good growth. An important factor was the increase in exports of the car co