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RBI hikes key rates by 50 bps
In a bid to check run-away inflation, the Reserve Bank of India (RBI) on Tuesday hiked both repo rate and CRR by 50 bps each.

Banks see lending rate rising by 1%
Loans will become dearer for housing, car, personal expenses as well as for industry with banks all set to increase the interest rates.

Vegetable oil prices surge to new high
It is perhaps not an exaggeration to say that cooking oil is almost liquid gold in the kitchen these days. It is the one item whose price has risen sh

Rupee at 42.96 against US dollar
The US dollar ruled steady against the rupee at Rs 42.96/97 per dollar at the close of the Interbank Foreign Exchange (Forex) market in Mumbai on Tues

Hyundai offers free fuel with new purchase
In a bid to boost sales amidst rising fuel prices, Hyundai Motor India Ltd has come out with free fuel vouchers for every purchase of its Santro and i

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In , DBS keen on operating as a wholly-owned subsidiary
TAIPEI: DBS Bank sees significant opportunity in and is keen on operating as a wholly-owned subsidiary in the country if tax impediments are addressed, chief executive officer Piyush Gupta has said. "We would be happy to see the ...

whistle-blowers: serious
Facing the dilemma of reporting an act of wrongdoing in the workplace? employees, whose attempts to report workplace misconduct often end up jeopardising their jobs, need fret no more: companies are outsourcing whistle-blowing services to ...

eClerx Wins Prestigious MAKE Award; Recognized for Creating Learning Organization
eClerx : , a specialist Knowledge and Process Outsourcing (KPO/BPO) company providing operational support, data management and analytics solutions to nearly 50 Global Fortune 1000 clients, has won the 2011?s Most Admired Knowledge ...

Innovation is 's Future: USIBC Ron Somers Touts as the "Innovation Nation" of the 21st Century
BANGALORE, Inda, Feb 06, 2012 ( WIRE) -- U.S.-- Council (USIBC) President Ron Somers today provided an inaugural keynote at Bangalore BIO, featuring 's Union Minister for Health, Ghulam Nabi Azad; the Chief Minister for the ...

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India Business News | Business News - Times of India

Goldman upgrades India's Reliance to buy, shares rise
Goldman Sachs has upgraded India's Reliance Industries (RIL) to buy from neutral, citing a potential lift in margins on increased refining and recovering oil demand, sending the refiner's shares up in pre-open trade on Tuesday.

Sensex up 0.3% early, RIL leads
Sensex rose 0.3 percent early on Tuesday, led by index heavyweight Reliance Industries, continuing a five-day rally ahead of the release of the government's GDP growth estimate for the current financial year.

Rupee gains early, but wary on Greece
Rupee opened stronger on Tuesday in anticipation of dollar inflows, but concerns that Greece may fail to meet conditions to get its next bailout kept traders wary.

NSE in dock for tax evasion
The Directorate General of Central Excise Intelligence (DGCEI) office at Kochi has registered a case against NSE for violating service tax rules by not paying taxes for fees collected from candidates who took the NCFM (National Stock Exchange?s Certification in Financial Markets) exam.

PE honcho, IDFC PE invest 100cr in ReGen
Private equity honcho Subbu Subramaniam , who split from Baring three years ago and founded MCap Fund Advisors in 2010, has struck his maiden pure-play PE deal in Southbased ReGen Powertech.