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RNRL-Reliance Power merger gets shareholders' nod

Two Anil Ambani group companies, Reliance Power and Reliance Natural Resources, on Monday said their respective shareholders have approved merger between the two entities, estimated to create a Rs 50,

HDFC Bank hikes BPLR by 0.5 per cent to 16.25 per cent

Private sector HDFC Bank has hiked its benchmark prime lending rate (BPLR) by 0.50 per cent to 16.25 per cent. The increase comes into effect from Monday, a bank official told PTI here.

Sensex spurts 338 points to 31-month high

The Bombay Stock Exchange benchmark Sensex on Monday jumped by 338 points to close at a 31-month high on heavy buying in metal, refinery and IT stocks backed by a firming global trend.

2011 IPL schedule to be decided at Governing Council meet

After failing to take a decision on the format of 2011 at its previous sitting here last month, the Governing Council of the Twenty20 league is expected to finalise the match schedule on Sunday.

Spurned man kills engineering student

Pune was left shocked after a 25-year-old man hacked to death a 20-year-old engineering student for spurning his marriage proposals and seriously injured the victim’s friend at Akurdi on Friday morning. The 25-year-old accused later inflicted injuries on himself and has been admitted to a private hospital. What has, however, come as a

Rupee gains 7 paise against dollar in the early trade

The rupee on Friday appreciated by 7 paise to Rs 46.65 a dollar at the Interbank Foreign Exchange market in early trade, on capital inflows by foreign funds.

Sensex up 78 points in the opening trade

The Bombay Stock Exchange benchmark Sensex rose over 78 points in the opening trade on Friday, extending its winning streak for the third straight session, led by buying by funds and retail investors,

1 dead as drunk driver rams bike

A 30-year-old businessman, drunk and driving at breakneck speed rammed on to a two-wheeler killing a 48-year-old pillion rider and injuring the driver at Marine Drive early on Wednesday morning.

Rupee appreciates by 1 paise against dollar in early trade

The Indian rupee appreciated by 1 paise to Rs 46.79 a dollar in early trade on Thursday, on the back of fresh capital inflows by foreign funds.

Sensex jumps 150 points in opening trade on funds buying

The Bombay Stock Exchange benchmark Sensex on Thursday opened about 150 points higher on a flurry of buying by funds in realty, banking and metal stocks, driven by firming global trends.

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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.