The finance ministry and the Reserve Bank of India are opposed to reporting the widely tracked wholesale price index every month instead of the existing practice of releasing it every week.
Going a step ahead of Bharti Airtel, Vodafone on Tuesday slashed the tariffs for STD to Rs 1.30 a minute across the country while roaming charges have been dropped to Re 1 for all incoming and local outgoing calls. While
The government is considering awarding a grant from the funds of the Jawaharlal Nehru National Urban Renewal Mission to meet a funding gap in the Mumbai metro project's first corridor that is being built by the Reliance Anil Dhirubhai Ambani
Finance Minister P Chidambaram has said the govt is not considering setting up of sovereign wealth fund. It was suggested that India, which has a forex reserves in excess of 300 billion dollars, should launch its SWF. The SWFs are
ArcelorMittal has sold part of its stake in a Chinese steelmaker it wants to control so it can meet the minimum free float requirement in Hong Kong where the shares trade.
Engineering giant Larsen and Toubro and Aditya Birla group firm Grasim Industries are set to settle their long-standing dispute over the sale of cross-holdings out of court. Both the companies are believed to be in consultation with Chennai-based chartered accountant
Tata Steel, the world's sixth-largest steel maker, is looking to acquire Brazilian iron ore assets of the United Kingdom-based London Mining, which will help ensure raw material supply for its Anglo-Dutch subsidiary, Corus. The valuation of the asset is yet
This has been facilitated by the launch of StarReferral by Global Talent Metrics, a talent research company with offices in Bangalore and Chennai, in association with i-mint, the consumer rewards programme pioneered by Loyalty Solutions and Research Ltd. StarReferral, an
India's largest private telecom company Bharti Airtel is believed to have held discussions to rope in Singapore Telecommunications Ltd, which directly and indirectly holds 30.5 per cent in the company, to bid for South African telecom major MTN Group.
Mumbai is the world's seventh largest city in terms of billionaire population, according to Forbes magazine. Mumbai is ranked seventh ahead of San Francisco, Dallas and Tokyo, according to a list of top 10 cities for billionaires available on the