Business
Hazira plant flooded, loss Rs 1.5 bn
The revenue loss suffered by the ONGC due to the flooding of its Hazira Gas plant is expected to touch Rs 1.5 bn.
Remove cola ban, FICCI warns states
Cola giants Pepsi and Coke, currently at the receiving end of a pesticide row, got an unexpected support from FICCI.
Mkts end strong, highest since May 19
The markets closed second time above some important levels, which they were struggling with a couple of days back.
No hike in home loan rates: ICICI
The country's second-largest lender ICICI Bank says it has not raised home loan rates from August 1.
Sensex closes with a gain of 202 points
Markets cheer as Nifty closes above 3,200 points for first time since May 29 and Sensex closes above 11000 level.
Mkts end weak, lowest turnover in '06
The markets were sluggish and were trading below the flat line throughout the day ahead of the Fed meet.
Grow sugarcane, reap sweet profits
The sugarcane farmers in UP are riding high on this year's profits as they got record rates for their cane.
Banks unlikely to rollback rate hikes
'The PSU banks who have raised rates without board approval, are likely to seek board's nod shortly'.
IBM acquires NRI-owned IT firm
Global IT giant IBM has acquired privately held Webify, founded by an Indian American, Manoj Saxena.
Oil firm YUKOS declared bankrupt
A Moscow court declared YUKOS bankrupt, paving the way for the Kremlin and state oil firm Rosneft to carve up the remaining assets.
Barista looks for strategic investor
Coffee chain Barista Coffee on Tuesday said it was looking to induct a strategic investor to fund expansion plans.
I-T exemption for FDs up to Rs 1 lakh
The Government says interest on bank term deposits of up to Rs 1 lakh will be exempt from tax within the overall 80 C limit.
Rs 126 cr bonanza for Infy employees
India's second largest software exporter Infosys kicked off its silver jubilee celebrations at its corporate leadership institute.
Rel promises a 'Walmart' in India
Reliance plans to take the market by storm. The company is considering a comprehensive three-tier retail format for each city.
Tech Mahindra ties up with Motorola
Tech Mahindra is to joint venture with Motorola Inc, an investment of $10 million, to develop mobile application solutions.
India blames US for WTO talks failure
US has been virtually isolated in the trade talks, since even the EU has supported the position of India.