The government has also decided that all unlisted CPSEs which have made profit in the past 3 years and have a positive networth should get listed on stock exchanges.

United States President Barack Obama on Wednesday announced a $4 billion federal educational aid to encourage schools to develop globally competitive standards to help their students take on 'folks in Beijing and Bangalore'.

The layoffs are expected to be across different locations and businesses. Sources said the number of possible lay-offs could be close to 800.

Khurshid said SFIO's investigation was limited to alleged corporate law violations by Satyam founder B Ramalinga Raju, and others.

Many CEOs believe the country's manufacturing sector has become increasingly competitive and the economy is shifting away from its reliance on the services sector, a path that could take advantage of the broad spectrum of the nation's labour force."

He however hinted that the corporate executives should think as responsible citizens before deciding on huge salaries.

for violating anti-monopoly rules to dominate the market for microprocessors.

A department of telecommunication official said the regulator has already put questions relating to uniform licence fee to the stakeholder in its consultation paper 'Overall Spectrum Management and Review of License Terms and Conditions'.

Global banking major, HSBC has retained its India GDP growth forecast of 6.2 per cent in FY10 but hiked the outlook for next fiscal by 0.5 per cent to 8.5 per cent given the economic recovery.

A credit card is a useful tool, when managed judiciously but a lurking danger if you mismanage it.

The Federal Open Market Committee, which decides on rates, struck a positive note, saying economic activity had continued to pick up in recent months and the housing sector is improving.

Microsoft's 'Online Services' in India will allow small and medium businesses and enterprise customers to access e-mail and conferencing solutions through Internet, for as low as $2 per user a month.

We are trying to bring the new taxation regime, which can last for another 50 years. Therefore, our endeavour is to see that new taxation system should include the basic features and time tested procedures of existing act, which have

Gold gained Rs 50 and touched a new peak of Rs 16,850 per 10 gram.

Are there times when you feel really impatient about the fact that you need to wait several more years to free your home from debt? Well, here is a thought for you.

After yesterday's bounce back, the key benchmark indices were trading lower in the early deals today amid losses in Asian markets.

A late-day slump left stocks mixed on Wednesday as investors couldn't hold on to their optimism after the Federal Reserve gave an encouraging assessment of the economy.

With the recession apparently over, the Federal Reserve held a key interest rate at a record low and again pledged to keep it there for an "extended period" to foster the fragile economic recovery.

From price hikes to declining volume growth last year, most consumer product companies are on the revival mode now.

After over 14 years of being in India, Samsung wants to now move into the next level, that of making India, one of its R&D hubs and be a market leader in most of the categories it is present in.