A leading banker said on Thursday that the tight local market, deep political rift and economic stagnation may affect to some extent the profits of Lebanese banks in the coming few months. "If the current crisis persists then the profits

The seventh annual Forward job-recruitment and training fair opened on Thursday in Beirut with a message that employers in Lebanon remain determined to keep working and have plenty of jobs open in the wake of the flood of professionals leaving

In a communication to L & T, the financial institutions on Thursday said they were withdrawing the nominations of Sinha and Deshmukh from the board with immediate effect.

The eight Indian companies are part of S & P's list of 300 mid-size companies across 37 countries in the latest S & P Global Challengers List.

After the first day of listing, the exchanges put a price band of 20 per cent for the movement of the stock prices. However, the level of circuit filter proposed for IPOs on the first day of listing is not

China has named a senior diplomat as its special envoy to Africa to focus on the crisis in Darfur, in a sign of growing concern about a backlash against its ties to Sudan.

Sources said Bajaj Auto would transfer over Rs 6,000 crore out of its surplus capital of Rs 8,000 crore to the new financial services entity to be used as its share capital.

Aiming to optimize the Indian Air Force's flood relief efforts starting from the grassroots level of various districts and tehsils in the state, the South Western Air Command (SWAC) began a series of 'Flood Relief Training and Awareness Camps' starting

Two Pakistan-based Lashkar-e-Taiba militants have been arrested in Jammu and Kashmir, army officials said on Thursday. Officials said the militants, who received intensive training in Pakistan, were part of a seven-member group, which was trying to infiltrate to the Indian

The government on Thursday exited the country's largest car maker Maruti Udyog Ltd

Economic think-tank National Council of Applied Economic Research expects India's Gross Domestic Product growth to decelerate to 8.3 per cent during current fiscal

The chief executives of America's 500 biggest companies got a collective 38% pay raise last year

IT offshoring major Polaris Software said on Thursday it has launched a nearshore application development centre and a global performance engineering and certification lab in Mississauga, Canada.

Dell is in the process of launching low cost personal computer at about 238 dollar (Rs 10,000) across the world, including India.

Oracle introduced on Thursday complete and affordable IT solutions for the cooperative banks in the country.

Tax sleuths conducted search operations on Thursday on 10 premises of Noida-based Uflex Ltd (formerly Flex Industries), besides telecom equipment maker Himachal Futuristic Communications Ltd for suspected tax evasion.

Tokyo, Japan, May 9, 2007 - (JCN Newswire) - Marubeni Corporation (TSE: 8002) announced today that Marubeni and Fred. Olsen Production ASA ('FOP'), of Norway, have formed a strategic alliance for identifying and executing FPSO/FSO* projects in certain countries in

Tokyo, Japan, May 10, 2007 - (JCN Newswire) - New Boeing 777-300ER aircraft delivered to ANA from this month will come equipped with Boeing's Electronic Flight Bag (EFB), in a first for a Japanese airline.

Tokyo, Japan, May 10, 2007 - (JCN Newswire) - Sumitomo Chemical Company, Limited (TSE: 4005) today announced that its consolidated net sales for the year ended March 31, 2007 (FY 2006) totaled JPY 1,790.0 billion ($15,163 million), an increase of

Undeterred by a 10 per cent dip in rights issues mobilisation in 2006-07, India Inc looks all set to raise more than Rs 9,000 crore this fiscal through this oute, a new study says.