Market Khabar: Rupee may plunge to 65-67 against $
Comforted by the statements from the US Fed chairman that the its stimulus policies would be in place as long as necessary and FDI hike in several sectors including 100 per cent foreign direct invest
Bad to get worst for India
New Delhi: Economic and policy uncertainties could cost India annual investments of up to $3 billion from private equity funds and venture capitalists, according to investors’ grouping IVCA.
Indicati
Home Ministry opposes any hike of FDI cap in media
New Delhi: The Home Ministry has strongly opposed any move to increase the FDI cap in the broadcasting and print media, saying allowing more foreign investment in the sensitive sectors may compromise
Six new drugs in clinical development stage: Dr Reddy's
Hyderabad: Country's second largest drug maker Dr Reddy's Laboratories has said it is working on six new drugs in different areas, including metabolic disorders and cardiovascular diseases, psoriasis
India had only one bad year, says Singh
New Delhi: Hitting back at the Opposition for focusing only on “one bad year”, Prime Minister Manmohan Singh on Friday assured industry that the government will leave no stone unturned to ensure that
CBI finds Walmart violation of FEMA
Mumbai: Wal-Mart Stores Inc violated Indian rules governing foreign investment, the country’s top police agency said in a letter to a member of parliament.
The Central Bureau of Investigation (CBI) s
Google gets a double whammy
San Francisco: Google Inc on Friday reported second-quarter results short of Wall Street’s estimates as weakening prices for the internet company’s ads and widening losses from its Motorola mobile ph
Better margins help Reliance Industries
Mumbai: Reliance Industries Ltd (RIL) on Friday posted an 18.9 per cent growth in net profit for the quarter ended June 2013 on the back of improved margins in its refining business and growth in oth
'Cut and paste' job costs Tata company Rs 2.28 lakh
Mumbai: An erroneous 'cut and paste' job in updating its shareholding pattern has cost a Tata group firm, the Tinplate Company of India Ltd, an amount of Rs 2.28 lakh as payments towards settlement o
Robot that can paint
Berlin: Scientists have developed a new artist robot that can choose from five brushes and 24 colours to create a vibrant piece of art and can even decide where to add the next stroke.
The robot clea