After HDFC and ICICI Bank, the country's largest bank, State Bank of India (SBI) has hiked home loan rates by 50 basis points and interest on deposits by 25-50 basis points. More
India has rejected a proposal from Mauritius for a free trade agreement (FTA) due to apprehensions that it could turn into a channel for goods More
Infosys Technologies surprised the bourses by issuing 16m American Depository Shares (ADSs), which, as per latest quotes on the Nasdaq, is worth $1.05bn. More
Causing ripples of apprehension in the IT industry, the Supreme Court has ruled that off-the-shelf computer software is liable to tax under the provisions of the Sales Tax Act. More
Foreign funds are making a beeline for the Indian stock market. Close to 50 FIIs have registered with Sebi over the past three months. More
Riding on a sudden spurt in inflow of short-term funds from high-networth individuals (HNIs)and private funds, banks are reducing the interest rates on short-term deposits. More
Indian professionals wanting to pursue careers abroad will get qualitatively improved offers by May '05 from the US and other developed countries More
The state government, in a measure to encourage wine producers, has waived the excise duty, currently levied at a rate of 50% of the manufacturing cost, More
British telecom firm Cable & Wireless (C&W) said it would invest $10 million in expanding its Indian operations over the next 18 months. More
Intel Inside" will soon spell "designed in India". Having just beaten Israel to emerge as Intel's largest design centre outside the US More
Maruti Udyog has decided to cut Zen and WagonR prices in the Rs 8,000-13,000 range across India. More
Domestic office automation giants Gestetner India and Ricoh India announced their merger into a single entity. More
Microsoft is rolling out trials for developing a low-cost Windows XP edition in India in a couple of months. More
Foreign Investment and Promotion Board(FIPB) has put a spoke in liquor major Pernod Ricard's plans to merge United Agencies (UAL) with Seagram India. More
Vedanta Resources, the London-listed metals and mining group, has announced the acquisition of the 51% controlling stake in Konkola More
Domestic companies with a global footprint are finding better valuations overseas than on home turf. Polyplex Corp, the fifth-largest manufacturer More
Supreme Court: Death Penalty awarded to Convicts in Nirbhaya Gangrape Case
Supreme Court : The alimony amount must be befitting the status of the parties
The Union Budget of 2021-22 which is also the first budget of the new decade is an historic one due to multiple reasons. It comes at a time when the country is still battling the un More
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