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Hyderabad, Nov 21 (PTI) The Central Bureau of Investigation today arrested Mahindra Satyam's internal audit head V S Prabhakar Gupta for his alleged involvement in the multi-crore accounting fraud in Satyam Computer. 

Washington, Nov 21 (IANS) Discerning a dramatic shift in the world's economic balance of power, a US think tank has projected that by 2050 India would become one of the three largest economies of the world with the US and China. 

With a view to align businesses and build operational synergy, media company Network18 said it would restructure operations of its flagship company TV18 India by merging broadcasting operations of two of its business news channels - CNBC TV 18 and CNBC Awaaz. 

India will introduce mobile number portability on Dec 31, a move that could further intensify the stiff competition in the world's fastest-growing wireless market and push call charges lower. 

Get ready to shell out Rs 20 lakh for the iconic Volkswagen Beetle that will hit Indian roads on December 4, courtesy a high import duty levied on the car. 

As loss-hit Air India plans to rebrand itself, it may end up with a more business-like avatar of its mascot, the Maharaja — a royal in striped turban and red tunic. 

Reliance Industries chairman Mukesh Ambani is once again the wealthiest person in India. The net worth of the promoter of the largest listed Indian company is put at $32 billion, an increase of 54 per cent from nearly $21 billion last year, according to a Forbes report. 

Paris, Nov 19 (DPA) Although much of the world appears to be emerging from the economic crisis, joblessness is expected to remain high in the US and Europe at least until 2011, the Organisation for Economic Cooperation and Development (OECD) said Thursday. 

You can count on Nandan Nilekani's entrepreneurial spirit to build a revenue model in a project that was originally believed would only add to the government's budget. 

Tata conglomerate is looking around the world for a successor to Ratan Tata, the 71-year old chairman of the sprawling salt-to-steel group said in an interview with the Wall Street Journal published on Wednesday. 

Mumbai, Oct 26 (PTI) Mobile operator Idea Cellular today said CBI has asked the company for its accounts and 2G licence documents in connection with alleged irregularities in allocation of spectrum to new operators by the Department of Telecom (DoT). 

Steelmaker Jai Balaji Industries is planning to raise 13 billion rupees as debt over the next 6 months, for funding its 160 billion rupee integrated steel plant in Purulia at West Bengal, a top official told Reuters. 

Ideal Energy Projects Ltd, a Mumbai-based firm, is setting up a 540 MW power project in Maharashtra and will later raise funds via a public share offer, a senior official told Reuters on Monday. 

New Delhi, Oct 25 (PTI) Nasdaq listed Software company iGate will hire 300 people by December as the company sees rebound in contract and demand picking up gradually by that time. 

Moti market, a famous market in Leh in Jammu and Kashmir, famous for pearl and Chinese goods, is now witnessing a downfall in Chinese goods due to the palpable tension between India and China. 

On a day when Finance Minister Pranab Mukherjee again expressed the hope that the Ambani brothers would be able to sort out their differences amicably "because they are too big... 

Richard C. Morais, Forbes.com
Forbes cannot promise retirees "paradise on $30 a day." Quite the opposite. We promise seniors wishing to move out of the U.S. that they will not find paradise anywhere. 

Air India, despite its financial woes, is lending muscle to its low cost subsidiary Air India Express in a bid to thwart competition from foreign low-cost airlines flying into India. 

Hyderabad, Oct 19 (IANS) Access to Rajiv Gandhi International Airport at Shamshabad, about 30 km from the city, is set to become smoother and faster with India's longest flyover being thrown open to traffic Monday. 

New Delhi, Oct 19 (IANS) The world has just five years to initiate a low carbon industrial revolution before runaway climate change becomes almost inevitable. But the good news is that it can be done and that the long-term benefits will be immense, according to the WWF.