Business
SEBI approves overhaul of foreign investment rules
They are based on recommendations from a panel appointed by the regulator and had been already unveiled earlier this month.
Rupee marginally stronger; still around record low
The rupee was at 59.63/64 to a dollar versus 59.68/69 Monday close
The need for visible action is driving Nasscom: KK Natarajan
The industry body's new chairman Krishnakumar Natarajan tells Forbes India how it plans to reinvent itself in order to stay relevant
Vodafone to buy Germany's Kabel Deutscland for $ 10.1 bn
The combination of the two companies will result in a group with 11.5 billion euros of pro forma revenue in Germany.
Air India to launch Birmingham-Delhi direct flights
The flights will operate four times a week, arriving from Delhi into Birmingham at 1900 hours and departing to Delhi from Birmingham at 2130 hours.
Maldives anti-corruption body finds no misdeed in GMR deal: Reports
The Maldives government had cancelled GMR's $500 mln airport project claiming that it was financially unviable.
If RBI can't cut CRR, let them pay us interest on it: SBI
SBI chairman said that the relationship between the repurchase rate and the bank lending rate is rather weak.
Rupee up 35 paise against dollar in early trade
The rupee had weakened by 19 paise to close at 57.98 per dollar on Thursday.
Ambani brothers strike Rs 12,000-cr telecom tower deal
Reliance Industries Ltd's telecom arm will lease up to 45,000 mobile masts from Reliance Communications Ltd in the deal.
FM for reviving animal spirits, starting stalled projects
P Chidambaram is hoping to accelerate economic growth by getting stalled projects off the ground.
Relief for Pfizer on anti-cancer drug
The Board has asked the Patent Office to consider the entire matter afresh in a time-bound manner.
Moody's puts debt ratings of SBI, ICICI under watch
The market did not react badly to the report and the Bankex was down just 50 bps against the broader market which was down nearly double the Bankex.
IndiGo to import 28 Airbus A320 aircraft to its fleet
The airline with a 66-aircraft fleet on Monday said it would be inducting 16 planes this year and the rest 12 by 2014.
BSE Sensex sheds 150 pts; Infosys bucks trend, autos skid
Sensex slipped another 150 points, to close at 19610.48, after shedding 455 points in previous session.
Corporate houses should help in govt's push for development: President
Government's efforts must be supplemented by the commitment of more resources by the corporate sector, said Pranab.
Rupee gains 10 paise against dollar in early trade
Dealers said selling of dollars by exporters and euro's gains against the American currency mainly supported the rupee.