Demand for diamonds swells
April 21: Diamond jewellery seems to be in vogue this wedding season. The good resale value owing to the sale of certified stones coupled with the rising prices, have made diamond jewellery a lucrativ
Reliance profits up, gas production down
April 21: India’s largest private sector firm Reliance Industries on Thursday declared a higher net profit, but that wasn’t enough to calm jittery investors. Although the company made more money in it
Thilakan runs over two kids
Six-year-old Farzeen Khan and two-year-old Fathima were killed on the spot and their parents seriously injured when their autorickshaw collided with Malayalam film actor Thilakan’s speeding car at Pan
SBI hikes rates 3rd time
April 19: India’s largest lender, State Bank of India, revised its lending rates up by a quarter percentage point on Tuesday. The public sector lender has raised the base rate — the lowest rate at whi
King’s Envoy is runaway victor
April 20: King’s Envoy won The Salem Plate, the main event of the races held here on Wednesday.
Results:
1. The Ellora Plate (Div-I) 1400m: Valiant Bid (M/s A. D’Silver, A. Ganesan & V.V Murthy) 52 C.
SBI withdraws ‘popular’ teaser rates
April 20: After facing months of disapproval from the RBI, the country’s top lender, State Bank of India has finally discontinued its popular ‘teaser rate’ home loan scheme. Under this scheme, borrow
Chandrasekhar gets tough on telcos
April 20: The telecom secretary, Mr R. Chandrasekhar, said on Wednesday that his department has received replies from all the operators who were issued show cause notices for not meeting the eligibili
Employee cost hits Infotech
April 20: A hefty salary hike coupled by an increase in recruitment have taken a hit on the net profit of Hyderabad-based IT firm Infotech Enterprises for the financial year ending March 31, 2011. The
Petronas offloads Cairn India stake to Vedanta
April 19: Mr Anil Agarwal’s Vedanta on Tuesday showed resolve to go ahead with its plan to acquire Cairn India despite regulatory hurdles by buying 10.4 per cent stake in the company in a block deal f
IMF post may go to China or India
April 19: The British Prime Minister, Mr David Cameron, on Tuesday indicated that the new managing director of the Internat-ional Monetary Fund (IMF) could be from emerging economies like India or Chi