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Market Khabar: Rupee may plunge to 65-67 against $

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.