Business News

Sensex opens weak, down 53 points

A key Indian equities index opened on a weak note Thursday and was ruling 53 points lower than its previous close, about 15 minutes into trade.

Railways agrees in principle to set up factory in Singur

The railways Wednesday in principle agreed to set up a coach factory on the land abandoned by Tata Motors in Singur, and asked the West Bengal government to furnish all details about the plot.2:02 AM on December 10

RBI concerned over food price inflation

Reserve Bank of India (RBI) Governor D. Subba Rao Wednesday expressed concern over the food price inflation in the country, saying that it could fuel 'inflationary expectations'.2:01 AM on December 10

Buddhadeb slams UPA on price rise, privatisation

West Bengal Chief Minister Buddhadeb Bhattacharjee Wednesday slammed the United Progressive Alliance (UPA) government for failing to control rising prices of essentials and its pro-privatisation policies.10:03 PM on December 09

Price bids for supply of TV sets to be opened Dec 15

The Tamil Nadu government will open Dec 15 the price bids submitted by select companies to supply four million 14-inch colour television sets for the government's free TV distribution scheme.10:03 PM on December 09

Visa on arrival in India -- from five countries

India has decided to introduce visa on arrival on a pilot basis for citizens of Singapore, Finland, New Zealand, Luxembourg and Japan, a tourism ministry official said Wednesday.10:02 PM on December 09

CPI-M furious over management awards against 'Stalinists'

A private management institute's decision to give awards Trinamool Congress chief Mamata Banerjee and some intellectuals for their efforts to free West Bengal from 'Stalinists' has raised the hackles of the ruling Communist Party of India-Marxist (CPI-M).10:02 PM on December 09

Micro-credit programmes beat global meltdown: Muhammad Yunus

Microcredit programmes were able to weather the global meltdown as compared to the big conventional banks that were on the verge of collapse, Nobel laureate and noted economist Muhammad Yunus said here Wednesday.10:00 PM on December 09

Haryana to import cattle semen

To produce cattle of the desired sex, the animal husbandry and dairying department in Haryana has decided to import cattle semen.8:07 PM on December 09

SJVNL donates Rs.1 cr for relief fund in Himachal

Hydropower major Satluj Jal Vidyut Nigam Ltd (SJVNL) Wednesday presented a draft for Rs.1 crore to the Himachal Pradesh government as contribution towards the Chief Minister's Relief Fund.8:06 PM on December 09

Sensex down 0.59 percent, metals, banking scrips lose

A benchmark index of the Indian equities markets Wednesday shut shop 0.59 percent lower amid volatility even as banking and metal stocks came under selling pressure.8:01 PM on December 09

Sugar gets cheaper in Delhi

The Delhi government Wednesday decided to waive the 12.5 percent value added tax on sugar imports, a move that authorities believe will bring down its price in the capital.8:00 PM on December 09

Samsung eyes growth in touch phone segment

Mobile phone maker Samsung Electronics is upbeat about the Indian market and hopes to grow over 18 percent in value terms this fiscal, a top official said Wednesday.8:00 PM on December 09

Bharat Electronics to secure parliament with hi-tech gadgets

State-run Bharat Electronics Ltd (BEL) will soon make India's parliament house a highly protected place with its hi-tech electronic gadgets, a top official said Wednesday.6:06 PM on December 09

Hyundai Motor workers union defers strike

The Hyundai Motor India Employees Union, which served a strike notice last week over a contentious labour union election issue, has decided to defer the agitation till the management declared elections for the Worker's Committee.6:06 PM on December 09