IT bellwether Infosys today reported nearly 14 per cent jump in consolidated net profit at Rs 1,818 crore for the fourth quarter ended March 31, 2011, which is less than the market expectations.

IT bellwether Infosys on Friday reported nearly 14 per cent jump in consolidated net profit at Rs 1,818 crore for the fourth quarter ended March 31, 2011, which is less than the market expectations.

Higher input costs and interest rates are seen crimping demand for cars in India, the second-fastest growing auto market in the world after China, with sales growth expected to more than halve in this

Fallen telecom giant Nortel said on Monday that Google is bidding $900 million to buy its patent portfolio.

Toronto-based Nortel, which has been in business since 1882, filed for bankruptcy last year

Two and three-wheeler maker Bajaj Auto Monday reported 34 percent rise in its sales at 38,23,951 units in fiscal 2010-11 against 28,52,580 during the previous year.

The sales include 12,03,718 units

The government on Tuesday allowed infusion of Rs.4,500 crore (about $1 billion) in Hero Investments, part of the Hero group, to acquire Japanese partner Honda's stake in the two-wheeler joint venture

Mumbai: Indian stocks on Friday survived a tsunami scare with the BSE benchmark Sensex recouping to some extent day's sharp losses but still ended with a loss of 154 points.

Global equity markets

State Bank of India is looking to buy banks in Africa and Southeast Asia as it seeks to ramp up its overseas operations, a senior company source with direct knowledge of the matter said.

Washington: When Google and Yahoo! forged an advertising pact in 2008, Thomas Barnett headed the anti-trust division of the US Department of Justice, which stepped in and torpedoed the deal.

Fast for

Widespread wage growth in China is forcing some smaller manufacturers out of business, but is crucial to driving the economy up the value chain, the country's top labour official said on Tuesday.

Min