Indians are using their cell phones—some 300 million have subscriptions, vs. only 30 million PCs—as a "one-stop shop" for everything from e-mailing to banking

Finance Minister P Chidambaram said that he does not expect any increase in interest rates by PSU banks in reasonable future.Loans to individual housing sectors grew by 16.44 per cent to touch Rs 1,48,489 crore (Rs 1484.89 billion) as on

Steel czar Lakshmi N Mittal is mulling floating an oil and gas company as part of his inorganic growth path for achieving bid in the hydrocarbon sector.Mittal is likely to transfer oil and gas assets he has acquired over the

India's exports for March 2008 stood at $16.2 billion, registering a growth of 26.59 per cent. Exports were at $12.8 billion dollar in March 2007.

Responding to charges of cartelisation against the industry, newly-elected CII president K V Kamath on Thursday said corporates must ask themselves whether their actions in a demand-driven market was causing distress to others.

Air travel is going to be dearer as major airlines have decided to raise the fares by at least 10 per cent besides increasing the fuel surcharge. The move by Air India, Jet Airways, Spicejet and Kingfisher comes in view

The appliance maker seeks to buy Motorola's ailing cell-phone division to complement its telecom business; critics say it's not a good fit

Anil Ambani group's Reliance Power appears to have failed to hold back a large number of foreign and domestic shareholders, even by offering bonus shares, yet it remains the most widely held entity in India.Among the institutional investors, a marked

Owing to another rise in jet fuel prices this month, airlines, such as Spice Jet, have decided to hike the fuel surcharge levied by them on tickets by Rs 150 for short haul sectors (less than 750 kms) and by

The Internet and Mobile Association of India (IAMAI) has named Ajit Balakrishnan as its Chairman Emeritus.The governing board of the IAMAI has also unanimously elected Sanjeev Bikhchandani as its chairman for 2008-09.