The breadth was negative. Out of 2,747 stocks traded today - 1,768 declined, 926 advanced and the rest were unchanged. The NSE Nifty closed 30 points higher at 5,013.
The Supreme Court on Monday admitted a petition filed by Jet Airways raising the issue whether pilots are workmen and if they can claim benefits under the provisions of the Industrial Disputes Act, 1947.
Mid-sized IT services and BPO companies are vulnerable to the adverse impact of US slowdown due to exchange rate volatility, slower deal closures, inflation and low billing rates than their bigger counterparts, a study said.
In a move that could bring down national and international telecom tariffs even further, telecom regulator TRAI on Monday sought views from industry and experts to liberalise Internet telephony segment.
For those who believe only grey cells set apart leaders from the rest, there is another hair raising observation among corporate America that most of the successful CEOs including Pepsico's Indra Nooyi part their hair to the left, says US
The country's second largest two-wheeler maker Bajaj Auto Ltd (BAL) on Monday joined hands with Renault-Nissan to launch a small car in India by 2011 that will compete with Tata Motors' Nano on price point - Rs 1 lakh.
Bharti Airtel, India's largest cellular operator, is planning to raise its offer to about $22.63 per share to acquire control of South African mobile player MTN, according to a media report. Quoting a person familiar with the 'deal,' the Wall
It isn't just enough to be ahead of competition, but to be far ahead, according to the Shopper's Stop annual brand track and customer satisfaction index.
Conservative industry estimates place the cash component of mutual fund houses at Rs 25,000 crore (Rs 250 billion). Fund houses had up to 15 per cent in cash, as per the April 30 figures. The cash component exceeded 15 per
Inflation is expected to come down to the acceptable level of 5 to 5.5 per cent after four months due to good monsoons and the measures taken by the government and Reserve Bank, Prime Minister's Economic Advisory Council chairman C
Software solutions provider Adobe India might overshoot its investment target of around Rs 800 crore (Rs 8 billion), which was announced in 2006 for a period of five years. In India, the company is aiming for a growth rate of
The govt was supposed to issue the CAS expansion notification by April 30. The expansion of the conditional access system beyond southern parts of Delhi, Mumbai and Kolkata, and subsequently to 55 more cities, may be further delayed with the
Despite the lack of policy and clear allotment of spectrum, the domestic telecom industry is all set to usher in 3G services with service and equipment providers readying infrastructure.
Indian expatriates in the United Arab Emirates have demanded a compensation package from the Indian government as the appreciation of the Indian rupee had impacted their remittances back home. The demand follows a study conducted recently by the Centre for
A toxicology test will be conducted on the driver of the minivan, carrying seven Indians, which spun out of control and crashed into another car killing six of them in Pennsylvania.
Two days after a pregnant housewife and her lover were strangled to death in a village near Karnal allegedly by her relatives, police have arrested four persons including the girl's father in connection with the 'honour killing'.
Accusing Malaysian PM Abdullah Badawi of harassing him for his questioning a decision taken by the Sultan of Perak state, a prominent ethnic Indian Parliamentarian has said that he feared for his safety.
