The debate over the minimum wage in Lebanon reignited on Friday, with trade unions threatening a general strike on May 7 and business leaders insisting on reactivating the sluggish economy before discussing any new raises. Some local newspapers quoted sources
Microsoft's unwanted courtship of Yahoo is spinning into a dramatic soap opera that analysts say is playing into the hands of Internet search king Google. While the software giant says Google's dominance online is the reason it is eager to
Addressing a press meet here, Sundram Fasteners Chairman and one of the directors of TVS Logistics, Suresh Krishna said the company had raised Rs 100 crore from Goldman Sachs to further speed up its growth. "The partnership with Goldman Sachs
I have been advocating for a regulator for the steel industry... This is what I did in case of pharmaceutical industry where Drug Price Control Order has been effective in checking profiteering and keeping prices in check," Steel and Chemical
It produced 34 types of coaches including 96 stainless steel coaches for Rajdhani trains, 133 coaches for eight newly introduced Garib Rath trains and 16 coaches for Science express trains. A prestigious export order of 24 MG coaches for Senegal
We have banned the export to take care of mismatch between supply and demand of cement," Minister of Commerce and Industry Kamal Nath told reporters here. The cement prices have been increasing at regular intervals for the last two years,
The rupee moved in a relatively small range of 39.91 and 39.98 during the day after resuming higher at 39.91/92 a dollar from its previous close of 39.94/95 a dollar. Forex dealers said rising inflation rate failed to spark a
Goldman Sachs, a global investment banking and securities firm, has invested Rs 100 crore for a significant minority stake to support TVS Logistics growth plans, which include expansion, increasing its investment in joint ventures and for acquisition opportunities.
A host of public sector banks had cut interest rates in the earlier part of this year following an advisory from Finance Minister P Chidambaram in January. Private and smaller state-owned banks, however, did not cut rates.
The acquisition will help JK Tyre gain access to the world's largest auto market in the United States in addition to some distant markets of central and south America.
The model, considered as large van or a mini bus, has sliding doors and can comfortably seat around 15-18 people. It will be imported into India initially. The model is currently undergoing road tests in Pune, according to sources.
As the 71-year-old presumptive Republican Presidential candidate faces questions on his age, Democrats are now saying that the issue is not just limited to John McCain's health but also his "old fashioned" views.
The power ministry's plan outlay for 2008-09 is Rs 40,460.10 crore which includes internal extra budgetary resources of central public sector undertakings amounting to Rs 34,460.10 crore and gross budgetary support of Rs 6,000 crore.
Finance chiefs from the Group of Seven, meeting amid acknowledgments of growing economic pain from the credit crisis, may not agree on how much coordinated action is needed to alleviate it.
The importance and contribution of the SME sector to growth and prosperity are well established. Their role in terms of employment creation, upholding the entrepreneurial spirit and innovation has been crucial in fostering competitiveness in the economy.
The visas were temporary, but many of the 500 guest workers were led to believe they eventually would receive green cards and could move their families to the US, according to the Southern Poverty Law Centre in Montgomery, Alabama.
