Industry growth slackens
New Delhi, Feb. 11: India’s factory output grew by just 1.6 per cent in December raising concerns about whether the country was heading towards an industrial slowdown. This is the lowest growth in the
SBI hikes loan rates by 0.25%
Mumbai, Feb. 11: India’s largest banker, State Bank of India (SBI) has finally hiked its lending rates and the hike will take effect on Monday, February 14.
On Friday, the bank announced a hike of 0
Tata Motors Q3 net up at Rs 410cr
Homegrown auto major Tata Motors on Friday reported a 2.46 per cent increase in its net
profit for the third quarter ended December, 31 2010 at `410 crore. The company had posted a net profit of ` 40
Exporters get `500cr incentives
The government on Friday announced fiscal incentives worth `500 crore to exporters of select products, helping them to cope with the uneven global recovery marked by the problems in Europe.
The sops
Gayatri gets `364cr for power plant
Infrastructure company Gayatri Projects on Friday said Sembcorp Utilities has infused `364 crore, as its first tranche of equity, into their joint venture Thermal Powertech Corp. India Ltd (TPCIL). TP
Learnt from errors: Kohli
Bengaluru, Feb. 11: Not long ago, Virat Kohli was known as a hot-headed, brash cricketer unwilling to buckle up. Critics said fame came early as it was hot on the heels of Kohli leading the India Unde
Binding force
Chennai, Feb. 11: Gautam Gambhir’s role will not be dissimilar to the one Rahul Dravid donned in the 2003 World Cup. Amidst gifted strikers, Gambhir will have to shelve his own natural instincts and l
Chiru to get RS berth, Governor post for NJR
New Delhi, Feb. 11: Telugu superstar K. Chiranjeevi, who recently merged his Praja Rajyam with the Congress, could soon be offered a berth in the Union Cabinet, top political sources have told this ne
Ready for kick-start, says Sehwag
Bengaluru, Feb. 11: Such is the fearsome reputation of Virender Sehwag, that it sends a chill down the opposition bowlers’ spine. The dashing opener, a key component of India’s World Cup campaign, rev
Mubarak flees, Army in charge
Egypt’s “Pharoah”, Mr Hosni Mubarak, resigned as President and handed control to the military on Friday after 30 years in power, bowing to a historic 18-day wave of pro-democracy demonstrations by hundreds of thousands. “The people ousted the President,” chanted a crowd of tens of thousands outside his Presidential palace in Cairo.