An Indian-origin former high-ranking officer has been sentenced to 15 years in prison by a court in New York for siphoning government money to the tune of USD 9 million.
Track the new businesses being started up in the country, and if they are not in the tech sector, the chances are that they are located in Delhi/Gurgaon/Noida. The majority of FMCG companies other than Unilever are in the Delhi
Infosys Technologies generates over 60 per cent of its revenue from the US, which is witnessing a slowdown. A falling rupee did help the company tide over the quarter, and S Gopalakrishnan (popularly addressed as Kris) says that new opportunities,
The company had hedged $2.5 billion as of March 2008, but unwound its position reducing its exposure to $1.7 billion as on June 30. The unwinding resulted in a loss. An analyst tracking the firm said: "This was expected as
The initiative, which was launched by the United Nations Environment Programme in 2003 in collaboration with Indian banks, was aimed at providing loans to rural households for setting up solar energy systems. Besides, the 'Billion Tree Campaign' launched in 2006
In the mutual funds segment, well-managed diversified equity funds, balanced funds and monthly income plans with proven track records could form the core portfolio. Of course, the investor's risk profile and investment objectives would play a part in determining the
Releasing its recommendations for BWA spectrum allocation on Friday, Trai has suggested that the auction should be done in blocks of 5 MHz each and any bidder can bid for one or two or three blocks. A company can bid
Yield on the benchmark 8.24 per cent note, due in April 2018, rose 30 basis points this week to 9.45 per cent at 5:30 pm. It had hit an intraday peak of 9.55 per cent, its highest since September 2001.
CPM general secretary Prakash Karat has earned appreciation from an unexpected quarter -- the RSS has justified the Marxist leader's 'anger' towards Congress.
Ahead of the trust vote in Lok Sabha on Indo-US nuclear deal issue on July 22, the Congress party has decided to take the message across the country that the deal is 'good and is beneficial for the party'.
Arjun Atwal return from the brink of disaster to squeeze himself just inside the cut line with a see-saw round of 73 in the US $ 1 million Nationwide Tour Players Cup.