Business - News - MSN India

Family pact is sacrosanct, Anil Ambani led RNRL tells SC

2009-11-25T03:33:41

New Delhi: Anil Ambani-led Reliance Natural Resources (RNRL) today asserted in the Supreme Court that family MoU of 2005 was a "sacrosanct" document for resolving the gas row with Mukesh Ambani group Reliance Industries (RIL) and accused it of scuttling efforts to arrive at a bankable agreement for the supply of gas from KG Basin.

Tata-Tyco, Infosys-MS among 8 deals done in the US

2009-11-25T03:10:59

New Delhi: MoUs range across pharma, telecom, IT and homeland security.

Infosys may acquire European cos for $400-500 mn

2009-11-25T03:08:46

Bangalore: In continuation of its pursuit to buy firms in niche areas, Infosys Technologies, the country’s second largest IT services firm, is actively looking at acquiring companies in the consulting and healthcare spaces in the range of $400-500 million.

Gold prices ease after seven-day gaining spree

2009-11-24T10:58:43

New Delhi: Snapping the six-day gaining streak, gold prices today fell by Rs 30 at Rs 17,780 per 10 gram in the bullion market here on selling pressure, emerging on concerns over IMF's plans to sell more gold.

Pandit, Nooyi to join heads with Tata, Ambani and Mittal

2009-11-24T06:29:18

With India's rapid growth a critical engine of the global economy, the meeting with Prime Minister Manmohan Singh and President Barack Obama is an important step in ensuring India's establisment as a vital partner in global security and development. A number of key decisions are being made during the meeting of the two heads of state at the Indo-US summit in Washington.

TCS sees slower Q3 volume growth

2009-11-24T05:19:45

Tata Consultancy Services, India's top outsourcing company, said on Monday it does not expect volume growth in the December quarter to match the September quarter as firms are still deciding on IT budgets.

Infosys BPO chief quits; to join HDFC Standard Life

2009-11-24T03:21:42

Was tipped as a probable to occupy the top seat in Infosys after Kris.

ICICI, Infosys, Wipro nurture talent like few others

2009-11-23T03:00:10

New Delhi: As many as five Indian companies, including ICICI Bank and Infosys Technologies, rank among the top 12 companies in the Asia Pacific region for being instrumental in building leadership capability within their organisation.

Sensex rises 102 points in opening trade

2009-11-23T07:39:19

Mumbai: The Bombay Stock Exchange benchmark Sensex today gained 102 points in opening trade on heavy buying by foreign funds and retail investors, driven by firming trend on other Asian bourses. The 30-share index, Sensex, rose 101.81 points, or 0.58 per cent, to 17,123.66 points with stocks of oil and gas, auto and metal sectors leading the rise.

Gold may advance further says survey

2009-11-23T05:00:15

Gold may advance as investors seek to hedge against a weakening dollar and possible inflation, a survey showed. Nineteen of 26 traders, investors and analysts surveyed by Bloomberg, or 73 per cent, said bullion would rise in the week starting November 23. Five forecast lower prices and two were neutral.

Nestle weighing options for Cadbury

2009-11-23T03:53:03

Paris: May challenge Kraft’s offer and a potential move by Hershey.

Demand for mid- level and entry level recruits up: Survey

2009-11-23T03:03:55

Even as most analysts are saying the worst of the economic downturn is over, a survey by the PHD Chamber of Commerce reveals only 30 per cent of the respondents plan to increase their hiring activity.

Tata, David Cote to co-chair Indo-US CEO Forum

2009-11-21T13:21:54

Washington: Tata Group chairman Ratan Tata and Honeywell chairman David Cote would co-chair the reconstituted Indo-US CEO Forum, which would meet on the margins of the Indo-US Summit here next week.

Gold zooms to a new high at Rs 17,600

2009-11-21T13:11:18

New Delhi: Gold prices climbed to a new high to Rs 17,600 per ten gram, maintaining its record setting spree for the sixth consecutive day today. The continuing upward spiral in the yellow metal price comes in the wake of sustained buying by jewellery makers for the ongoing marriage season.

GVK eyes controlling stake in B'lore airport

2009-11-21T09:31:17

Bangalore: GVK Power & Infrastructure, which recently took a 12 per cent stake in Bangalore International Airport Ltd (BIAL), has said it is open to taking a controlling stake in the airport.

Wipro expects US IT spend to rise by 2-3%

2009-11-21T03:10:30

Bangalore: Wipro, India’s third largest IT services provider, is seeing an improvement in the prospects for the IT sector. The company expects IT spends in the US to go up in 2010.

Good times ahead for banking sector

2009-11-21T03:10:19

New Delhi: Better times are ahead for the banking sector as a revival in economic activity coupled with inflation is likely to boost credit growth in the second half of current financial year, says a study.

Bharti Airtel slashes roaming rates by 60%

2009-11-21T03:10:30

New Delhi: Move expected to trigger another price war in roaming charges.

Sensex ends above 17,000-mark

2009-11-20T11:12:19

Mumbai: A late rally by banking and energy stocks Friday helped a benchmark index close above the 17,000-mark, up 1.47 percent, after languishing in the negative terrain for most part of the day.

Small carriers score over 'The King of Good Times' in terms of gain

2009-11-20T04:24:07

New Delhi: The Vijay Mallya-led Kingfisher Airlines led the chart of the loss-making carriers by reporting a massive Rs 1,602 crore in losses in 2008-09, followed by Jet Airways with a loss of Rs 1,032 crore.