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Factory output nearly doubles at 13.8% in July

Factory output nearly doubles at 13.8% in July

Growth in industrial production almost doubled to 13.8 per cent in July from the year-ago level on robust expansion in capital goods, and doused fears about any slowdown in demand.

India slips to 51 on global competitive list

GENEVA: India has slipped to 51st from the 49th spot in the World Economic Forum's annual Global Competitiveness Report (GCR) 2010-2011 among 139 countries rated for institutions, policies, and factor

Food inflation accelerates in late August

Food inflation accelerates in late August

India's food inflation accelerated in late August, maintaining pressure on the Reserve Bank of India (RBI) to tighten monetary policy further at its review next week.

Domestic car sales up 33%; bikes 19% in Aug

Domestic car sales up 33%; bikes 19% in Aug

Domestic passenger car sales jumped by 33.24 per cent to 1,60,794 units in August compared to 1,20,681 units in the same month last year.

Petrol, diesel prices hiked marginally as dealers' margin go up

Petrol, diesel prices hiked marginally as dealers' margin go up

Petrol and diesel prices have been hiked marginally from Tuesday midnight, following the government's decision to raise the commission paid to petrol pump dealers.

Employers in India to step up hiring in next 3 months

Employers in India to step up hiring in next 3 months

Employers in India are planning to hire at a robust pace in the next three months. A survey says public administration, education and services sectors are expected to see strong recruitment trends.

EXL and Datanomic Partner to Provide Best-in-Class Compliance Solutions and Services

ExlService Holdings, Inc., a leading provider of outsourcing and transformation services, and Compli

Wipro may pass higher visa costs to clients

Wipro may pass higher visa costs to clients

The country's third largest software exporter Wipro today said it may increase the billing rates of clients to mitigate the extra cost arising due to the hike in Visa fee by the US government.

Suzuki planning third auto plant in India

Suzuki planning third auto plant in India

Suzuki Motor Corp. is planning a third vehicle plant in India to keep up with burgeoning sales, the Japanese small-car maker said Monday.

Audi posts 46% growth in August 2010 sales

Audi posts 46% growth in August 2010 sales

Audi, the German luxury car maker has sold 250 cars in August 2010 which is 46% more than 171 cars sold in August 2009.

MTS launches Three smartphones starting Rs4,999

MTS launches Three smartphones starting Rs4,999

Mobile telephony brand MTS of Sistema Shyam TeleService Limited (SSTL) Monday launched three new sma

Sensex spurts 338 points to 31-month high

Sensex spurts 338 points to 31-month high

The Bombay Stock Exchange benchmark Sensex on Monday jumped by 338 points to close at a 31-month high on heavy buying in metal, refinery and IT stocks backed by a firming global trend.

Ambani's Sale of Reliance Tower Assets to GTL Collapses as Deadline Passes

Ambani's Sale of Reliance Tower Assets to GTL Collapses as Deadline Passes

Billionaire Anil Ambani’s Reliance Communications Ltd.’s ended talks to sell some assets to GTL Infrastructure Ltd.

UAE expatriates among richest in the world

UAE expatriates among richest in the world

About 20 per cent of UAE expatriates earn more than $250,000 (918,100 dirhams) making the country home to some of the wealthiest expatriates in the world, a recent survey has said.

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