Society for Welfare of Indian Pilots, a body claiming to represent over 790 pilots of Jet Airways, has dragged the government and the Naresh Goyal promoted carrier challenging the six-months notice period required to be served before leaving the airline.

Gulf states plan to launch their monetary council, a precursor for a joint central bank, in2010 but the planned single currency may be delayed, the Saudi central bank chief said on Sunday.

The government is considering a proposal to elevate some Navratna PSUs to Maharatna companies to allow them more freedom regarding investment, Bhaskar Chatterjee, secretary of the Union government's department of public enterprises, on Sunday said.

Medium size towns, known as Tier-II cities, have outpaced the metropolitans in creation of white collar jobs in the private sector, indicating a recovery in the overall employment market, a study has revealed.

The British government is planning to pump in an additional capital of up to 19 billion pound intothe Royal Bank of Scotland and hike its stake to as much as 84 per cent, a move that would virtually nationalise the

Venturing where few private players have gone before, India's largest realty firm DLF is planning to build one lakh affordable houses that would cost less than Rs 20 lakh in major cities across the country.

Singapore Telecommunications (SingTel) has bought additional 1.52 per cent stake in India's largest private telecom Bharti Airtel and will pay up to Rs 3008.4 crore in three installments ranging over 18 months.

US Treasury Secretary Timothy Geithner says the US economy has suffered a lot of damage in the current downturn and it's going to take time before it fully recovers.

Anil Ambani Group firm Reliance Communications Ltd on Saturday reported 51.66 per cent decline in its consolidated profit at Rs 740 crore for the second quarter of the fiscal due to provisions for foreign exchange fluctuation or derivative losses.