Business News

  • Deal with RCOM not discussed at MTN AGM PTI - Thu, Jun 19

    Johannesburg, Jun 19 (PTI) Shareholders of the South African telecom giant MTN today stuck to the agenda at the Annual General Meeting and the negotiations with Anil Ambani Group firm Reliance

  • Indian origin mastermind of int'l fraud sentenced in US PTI - Thu, Jun 19

    Dharam Shourie New York, June 19 (PTI) An Indian-origin man who masterminded a major international fraud that led to USD680 million in losses to 20 banks wordwide has escaped with a lighter

  • Indo-Canadian initiatives to boost next-generation research PTI - Mon, Jun 16

    Bal Krishna Toronto, June 16 (PTI) India and Canada have launched ten joint initiatives worth USD 17 million to boost their bilateral cooperation in the field of science and technology,

  • Bankers should shed conservatism: FM PTI - Mon, Jun 16

    Bangalore, Jun 16 (PTI) Finance Minister P Chidambaram today asked bankers to shed their "conservative" attitude towards lending to entrepreneurs as he announced a commitment to pump in nearly Rs

  • RIL hits back; deplores RCOM's double standard, double speak PTI - Sun, Jun 15

    New Delhi, June 15 (PTI) Hitting back for "twisting facts" on the demerger agreements signed by group companies of Ambani siblings, elder brother Mukesh's side accused Anil Ambani group of

  • India rejects US charge of being Doha Round spoilsport PTI - Fri, Jun 13

    Washington, June 13 (PTI) India today rejected the US charge that it is blocking the Doha Round of trade talks but said the officials of the two countries will intensify their engagement in

  • India rejects West charge of blocking Doha negotiations PTI - Fri, Jun 13

    Washington, June 13 (PTI) Reiterating that a multilateral trading system is as critical to India as it is to the United States, Commerce Minister Kamal Nath rejected the criticism in some

  • Govt reduces prices of complex fertiliser PTI - Thu, Jun 12

    New Delhi, June 12 (PTI) The government today announced a reduction in prices of complex fertilisers to encourage farmers to use nutrient-based organic instead of regular nutrient like urea and

  • Kamal Nath holds talks with senior US leaders on WTO issues PTI - Thu, Jun 12

    Washington, June 12 (PTI) India's Minister for Commerce and Industry Kamal Nath, who arrived here in Washington yesterday, has had critical bilateral discussions with senior administration and

  • Sensex plunges 436 points in early trade PTI - Thu, Jun 12

    Mumbai, June 12 (PTI) The stock market today nosedived by 436 points in early trade on a major sell-off by funds in heavy-weight stocks led by banking and realty sectors after the Reserve Bank

  • World Bank, US blame food price rise on India's export curbs PTI - Tue, Jun 10

    Washington, Jun 10 (PTI) The World Bank today put the blame for rising food prices in South Asia on export controls by India and others, while the US has severely criticised New Delhi's handling

  • India to lift food export ban once supplies improve:Pawar PTI - Sun, Jun 8

    Chandra Shekhar Rome, June 8 (PTI) Agriculture and Food Minister Sharad Pawar has said the restrictions imposed on export of major foodgrain are not permanent and the government could lift the

  • Medvedev blames US for global economic crisis PTI - Sat, Jun 7

    Moscow, Jun 7 (PTI) President Dmitry Medvedev of Russia today faulted the United States for the current global economic crisis and offered Kremlin's cooperation to resolve the problem with the

  • Visa-on-arrival for Indian tourists not revoked: Malaysia PTI - Wed, Jun 4

    Kuala Lumpur, Jun 4 (PTI) Malaysia today dismissed as inaccurate reports that visa-on-arrival (VOA) facility for travellers from India has been revoked, saying that the genuine tourists would

  • Mallya looks at JV for business jetliner of Airbus Industries PTI - Tue, Jun 3

    Sumir Kaul Berlin, June 3 (PTI) Aerospace giant EADS is in talks with airline tycoon Vijay Mallya to revive its single piston engine aircraft manufacturing business, as a potential tie-up

  • Berlin's 'Calcutta' sizzles with Tandoori chicken and Kashmir PTI - Tue, Jun 3

    Sumir Kaul Berlin, June 3 (PTI) The tempting aroma of 'roganjosh' wafts from the kitchen and steaming platters of tandoori chicken sizzle on the tables as businessmen and parliamentarians roll

  • India to acquire 22 attack helicopters PTI - Thu, May 29

    Sumir Kaul Berlin, May 29 (PTI) In a bid to strengthen the offensive prowess of its armed forces, Indian government has issued a Request for Proposal (RFP) to acquire 22 attack

  • Pak stock mkt crashes following rumours about Mush resignation PTI - Wed, May 28

    Islamabad, May 28 (PTI) Pakistan's stock market today dipped to its lowest level in nearly nine months following "rumours" about President Pervez Musharraf's resignation, prompting the Presidency

  • Sarin hangs up on Vodafone; turns company profitable PTI - Tue, May 27

    H S Rao London, May 27 (PTI) Taking many by surprise, British telecom giant Vodafone CEO Arun Sarin today announced his resignation from the company, after engineering its turnaround through

  • Gold rebound on firming global cues PTI - Sat, May 24

    New Delhi, May 24 (PTI) Gold prices recovered to trade at Rs 12,980 per 10 gram on the bullion market here today on emergence of buying by stockists and jewellery fabricators influenced by a firm


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