Obama urges US business to take on India, China
Washington: Once again citing growing competition from nations like India and China, US President Barack Obama has made a case for ramping up spending on education and infrastructure to put the US eco
Meet on Cairn-Vedanta deal inconclusive
New Delhi: A crucial meeting to discuss government approval for Vedanta Resources' USD 9.6 billion acquisition of Cairn India today remained inconclusive and Oil Secretary S. Sundareshan will meet t
BlackBerry knocked out of top list
Toronto: China's ZTE Corp. has replaced BlackBerry maker Research In Motion (RIM) among the world's top five mobile phone sellers.
According to a report released on Friday by tech research company ID
Maruti Suzuki profit drops 17.7 per cent
New Delhi: Rising cost of inputs and higher royalty paid to parent firm Suzuki hit the margins of India's largest car maker Maruti Suzuki, which reported a 17.7 per cent drop in net profit at Rs.565.2
Mercedes may follow Nano in plan for Indian small car
Mumbai: On the back of a thriving domestic economy fuelled by an increasing appetite for consumption, global auto giant Mercedes-Benz is looking at developing a small car for the Indian market, a seni
ICICI Q3 net profit up 30.5pc
An announcement from ICICI Bank Ltd:
* ICICI Q3 net profit 14.37 billion rupees
* Consensus forecast for India's ICICI Q3 net profit 13.5 billion rupees
* ICICI says Q3 net interest income at 23.12
Corrupt babus a nightmare for SMUs
New Delhi: Corruption is making lives miserable for small and medium units that are often left to fight their own battles in getting clearances and conducting day-to-day operations, according to a sur
Warrant against Sahara's Subrato Roy
New Delhi: A Delhi Court today issued bailable warrant against Subrato Roy, Chairman of Sahara India Group, in a case of alleged cheating and forgery in a housing project launched by his company.
Ch
Coca Cola to hike hiring in India
Mumbai: The India arm of global beverage maker Coca Cola plans to hire around 600 workforce this year, which accounts for around nine per cent of the existing employees, a top company executive has s
Facebook to unveil financials
The financing, $1 billion of which is from Goldman Sachs' overseas clients and $500 million from Goldman itself and Russian investment firm Digital Sky Technologies, gives the company a projected valu