BJP’s Tamil Nadu unit general secretary V. Ramesh has been hacked to death by unidentified assailants near his house in Salem that sparked an outrage in the party that gave a call for a state-wide bandh on July 22.

Essar-owned Aegis, a global outsourcing and technology services company, Friday said it plans to create more than 5,000 jobs at its centres in the US over the next four months.

Boosted by earnings, Tata Consultancy Services (TCS) led software service companies higher, helping to lift the key S&P BSE sensex Friday by over 21 points to 20,149.85 and overcome weak global cues and sustained selling by foreign funds.

CBI has found violation of RBI and FEMA regulations by retail multinational Walmart in a business deal it struck with Bharti group before FDI in multi-brand retail was allowed in the country, CPI leader M.P. Achuthan said here Friday.

Deutsche Bank Friday cut India’s economic growth forecast for the current fiscal to five per cent from six per cent earlier, citing disappointing set of data released last week which showed industrial production, trade, and business sentiment have deteriorated.

Private sector lender HDFC Bank on Wednesday reported 30 per cent growth in net profit at Rs 1,843.86 crore for the first quarter ended June, 2013.

The Bombay Stock Exchange benchmark sensex Wednesday rose by nearly 98 points led by gains in bluechips, including HUL, NTPC and Wipro, buoyed by government’s decision to liberalise FDI norms in a dozen sectors.

Paring some of its initial losses, the BSE benchmark sensex was trading down by 247 points in late morning deals due to heavy selling in banking, realty and capital goods sectors stocks after the Reserve Bank of India announced a slew of measures to arrest the fall of rupee.

Criticising the Centre for “turning a deaf ear” to repeated suggestions on controlling petrol prices, Dravida Munnettra Kazhagam (DMK) chief M. Karunanidhi on Monday demanded that government “put a full stop” to it by taking constructive steps immediately.

The BSE benchmark sensex on Monday regained the 20,000 level after six weeks at mid-session today on emergence of value buying by funds amid firming Asian trend.