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| Economics & Finance (Asia) |
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RPG Group company CESC plans to merge the holding company of Spencer's Retail with itself. CESC on Saturday informed the BSE that a meeting of board of directors of the company would be held on April 17 to consider a  |


This product sampling is sure to raise your spirits. Before you buy your bottle of wine the next time round, sip on a dozen or more of the best, world class wines and make your choice at a wine festival.  |
Reserve Bank of India deputy governor Rakesh Mohan has said inflation was expected to be in the acceptable range of 5.5% for 2006-07, following a number of measures on the fiscal, monetary and supply sides.  |
The union minister for chemicals, fertilisers and steel Ram Vilas Paswan on Saturday indicated that the fertiliser subsidy would go up to Rs 45,000 crore in 2007-08 from the present level of Rs 35,000 crore in view of spiralling prices.  |


Unfazed by the row over land acquisition for SEZs, the government is moving ahead with its plan to build the Delhi-Mumbai industrial corridor.  |
The SEZ issue has become the latest rallying point of the left-wing extremists in the naxal-affected regions of India. During the recently-held 9th congress of the CPI (Maoist), the top leadership urged people to "resist the seizure of their land  |
The ambitious Delhi-Mumbai industrial corridor, to be established with Japan's help, will require an investment of an estimated $50 billion and work on the project will begin from January next year.  |
Foreign direct investment inflows in the country jumped nearly three-fold to $15 billion in 2006-07 as the world's second-fastest growing economy lured investors from across the world.  |
Pensioners who had relied on bank interest rates staying high (which had been the long-term experience) were shocked as their calculations on monthly interest payment went awry, as interest rates crashed early in this decade, says T N Ninan.  |
Capping the size of special economic zones to 5,000 hectare may help governments quell social unrest caused by compulsory land acquisition for such projects.  |
In an economically buoyant India, expensive jewellery is the in-thing.  |
Though news of increased defaults from the sub-prime market continues, a combination of rising incomes and higher equity values are shoring up consumer spending.  |
A former chief executive of Indian origin was found guilty in an accounting fraud will pay about $52 million over two years to the victims, a media report said.  |
French dairy major Groupe Danone has offered to pay the Wadia Group euro1 million ($1.34 million) as compensation to use its Tiger brand in international markets.  |
Jet Airways, which has acquired Air Sahara for Rs 1,450 crore (Rs 14.5 billion), needs to shell out Rs 800 crore (Rs 8 billion) immediately to rejuvenate the loss-making airline and take charge of it.  |
Experts say Roy has got a great price for Air Sahara, which was steadily losing market share. The company was also burning a lot of cash to keep the airline afloat.  |
The Bombay high court has lifted the Company Law Board's indefinite stay on all board meetings of Bajaj group holding companies.  |
Dealers expect 10-15% fall in April sales; car makers look at lowering total cost of ownership for consumers.  |
Find out all about overseas Indians in alternate professions with huge fan followings.  |
Infosys' March quarter numbers may have come in a tad below expectations with revenue growth at just 3.2 per cent quarter-on-quarter and a drop in the operating margins owing to an appreciating rupee.  |
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