New Delhi: Faced with a tight liquidity condition, two leading private sector banks - HDFC Bank and Axis Bank - have raised fixed deposit rates by up to 4 per cent, a move which may be followed by ot

Kolkata: At a time when most Indian firms have cut costs to improve bottom lines in a sluggish economic environment, a select few are taking a different route and investing substantially on developin

New Delhi: UK-based cult bike maker Triumph will start selling its motorcycles in Indian market in 2013, more than a year after it had launched seven models in the country, and the company has also a

Bengaluru: For the first time in the country, a Hydrogen-powered bus has been developed by Tata  Motors and Indian Space Research Organisation (Isro) after several years of research.The hydrogen fuel

New York: Having built his empire for years, Brazilian commodities tycoon and world’s eighth richest man Eike Batista has seen things fall apart in the last 16 months after commodity trading brought

Washington/New Delhi: Global retail giant Walmart has stopped its lobbying with the US lawmakers on India-specific issues, after continuously seeking their support for about five years to facilitate

New York: PepsiCo plans to jump into the premium bottled water market with a drink called Om, following the popularity of Coca-Cola's Smartwater. The soda and snack food company, which also makes Aqu

Washington: Researchers have developed a flexible sensor, which can detect temperature, pressure and humidity simultaneously, and more accurately than currently existing devices.
In addition to impro

New Delhi: In a major upgrade of powers given to SEBI, the government has allowed it to pass orders like search and seizure, attachment of properties, arrest and detention of defaulters and pass disg

The last few weeks have been extremely turbulent. Stock markets have been moving up and down in crazy frenzy moves, bond yields have been galloping upwards resulting in falling bond prices, precious