TEHRAN (Reuters) - The weak U.S. dollar is the main reason behind oil prices rising to record levels, not demand or supply factors, an Iranian Oil Ministry official was quoted as saying on Saturday.
New York, May 9 (IANS) Vikram Pandit, India born chief executive of Citigroup, Friday presented his strategy to turn around the beleaguered bank and announced that it plans to unload $400 billion more in 'legacy assets' over the next few years to reinvigorate itself.
New Delhi, May 8 (PTI) Gold prices today rose by Rs 35 to Rs 11,855 per 10 gram for the fourth straight day in the bullion market here today on scattered buying by retail customers.
Kuala Lumpur, May 7(IANS) The Quest India Group of Companies has termed as 'inaccurate' reports from Chennai about the arrest of one of its woman employee and seizure of goods.
World's fifth largest steelmaker Tata is likely to join the race to acquire Indonesia's state-run steel mill P T Krakatau alongwith ArcelorMittal and Australia's BlueScope, the country's leading daily The Jakarta Post reported.
Mumbai, April 28 (IANS) Anil Ambani-promoted Reliance Communication Ltd Monday announced a plan of 'Unlimited Free STD' calls between Reliance to Reliance mobile phones across post-paid and pre-paid services.
Kochi, April 25 (IANS) Dewa Projects Pvt Ltd, promoted by a group of non-resident Indians in Kuwait, has announced its entry into the real estate sector in Kerala.
MANILA (Reuters) - The Philippines, one of the country's most affected by soaring rice prices, called on Friday for a meeting of Asian ministers to discuss a global rush for the grain that has heightened anxiety about food security.
Vadodara, March 31 (IANS) City-based Alembic Ltd, one of the leading pharma entities in India, completed its year-long centenary celebrations Monday with a resolve to become a Rs.20-billion ($500 million) company in the next four years.
London, March 26 (IANS) Trade and Investment Minister Lord Digby Jones - who has just won a campaign to be allowed to drive a Jaguar - said Wednesday the British government welcomes the 'long-term commitment' shown by Tata Motors in purchasing the Jaguar and Land Rover brands.
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