Business

The growth was driven by good performance of agriculture and manufacturing sectors.

After his surrender Raju was taken by the CBI to Nizam's Institute of Medical Sciences for a medical check-up.

Improved supplies mean that food inflation has moved down for the third straight week.

Coal India reached a market capitalisation of Rs 2.03 lakh crore within the first hour of trade at BSE.

The Reserve Bank of India is widely expected to raise interest rates by another 25 basis points on November 2.

Manufacturing output rose an annual 15 per cent in July, the federal statistics office said in a statement.

The Central Bureau of Investigation has decided to approach the Supreme Court against Raju's bail order.

The private-sector lender said its prime lending rate would be 16.25 pc and the floating reference rate for consumer loans would be 13.25 pc.

The state-run lender also increased its fixed deposit rates by up to 150 basis points across various maturities.

Vedanta will acquire 51 per cent to 60 per cent of oil producer Cairn India in a deal worth $ 8.5-9.6 billion.

Consumer goods showed robust growth of 8.3 per cent in June 2010 versus 4.4 per cent in the same month last year.

The acquisition is priced at Rs 228 crores. In June, Bharti had acquired Zain Telecom's Africa assets for $ 10.7 billion.

Many analysts are betting HP will go outside its ranks to pick a new leader to ramp up topline growth.

The insurance companies will have to redress grievances in two weeks or face penal action, the IRDA said.

The US remained the top investment destination with inflows of $130 billion in 2009, followed by China and France.

SEBI had earlier requested the SEC to waive the penalty on Mahindra Satyam for frauds committed by its previous management.