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Air India shifts HQs to capital
(15 February 12:44 am)
The Air India (AI) board on Thursday gave its approval to a proposal for shifting the company’s headquarters from Mumbai to New Delhi. HT reports.
Finmeccanica has six registered companies in India
(14 February 10:37 pm)
Italian group Finmeccanica, which is in the centre of a controversy over alleged kickbacks in the VVIP chopper deal, has at least six companies registered in India.
Bikes, babes and beer...
(14 February 10:27 pm)
Some 440-odd bikes rumbled down Goa\'s narrow roads in a tight linear formation, bringing the people out on the streets, egging on the riders to go vroom vroom, and to just watch the spectacle. The
Dr Reddy's Q3 net dips 29% to Rs.363.3 cr
(14 February 10:24 pm)
Drug maker Dr Reddy\'s Laboratories on Thursday announced a decline of 29% year-on-year in its net profit to Rs.363.3 crore for the third quarter ended December 2012 against Rs.512.96 crore a year ago.
DoT's overcharging, claim telecom firms
(14 February 10:22 pm)
The Department of Telecommunications (DoT) has sent notices to telecom operators seeking payment of dues on licence fees worth more than Rs.26,000 crore over the course of the last one month. HT
Gold demand down for the first time in 3 years
(14 February 10:14 pm)
Global gold demand fell last year for the first time since 2009 as jewellery buying abated in the key Indian and Chinese markets and US and European coin and bar investment dropped, the World Gold
Berkshire, 3G Capital to buy Heinz for $28 billion
(14 February 10:10 pm)
Warren Buffett\'s Berkshire Hathaway Inc and 3G Capital will buy ketchup maker HJ Heinz Co for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday.
Economy to grow by 5.5% this fiscal: Chidambaram
(14 February 10:06 pm)
Finance minister P Chidambaram today exuded confidence that the economy would grow by 5.5% in the current financial year and improve to 6% in 2013-14.
Budget to lift low-cost homes
(14 February 09:58 pm)
The government is set to provide a fillip to the affordable housing segment in the coming budget to address a growing middle class hunger for homes, reports.Mahua Venkatesh
American, US Airways announce $11 billion merger
(14 February 08:40 pm)
American Airlines and US Airways have agreed to merge in an $11 billion deal to create the world\'s biggest airline. The combined carrier will be called American Airlines but run by US Airways CEO Doug
World's biggest: US Air, American to merge
(14 February 08:40 pm)
American Airlines and US Airways Group said they plan to merge to form the world\'s biggest airline with a combined equity value of $11 billion.
RBI tweaks gold deposit scheme to make it more attractive
(14 February 07:35 pm)
Seeking to unfreeze idle gold, the RBI today made the Gold Deposit Schemes of banks more attractive by lowering the investment time period and allowing mutual funds to participate in the scheme.
Indigo plans subsidiary for regional ops
(12 February 09:09 pm)
IndiGo, India\'s largest airline by number of passengers carried, is planning to form a subsidiary company to start regional operations.
HT media Q3 net up 11%, outlook robust
(12 February 08:45 pm)
HT Media Ltd (HTML) has posted an 11% growth in net profit to Rs. 53.6 crore for the third quarter ended December, from Rs. 48.2 crore in the same period last year.
HMVL outlook strong as Q3 net rises 92% to Rs 20.8cr
(11 February 08:47 pm)
Hindustan Media Ventures Ltd, one of India\'s leading Hindi language dailies, has posted a 92% year-on-year growth in net profits for the third quarter-ending December to Rs 20.8 crore against Rs 10.8
Inflation is still high at 7.2%, says RBI governor
(11 February 06:31 pm)
Ahead of the January inflation readings later this week, Reserve Bank governor D Subbarao today said the price rise index which slowed to a three-year low of 7.18% in December, is \"still high.\"
Future is in gourmet chain, Biyani to expand Foodhall
(10 February 09:35 pm)
Less than two years after testing the waters in the gourmet food space, Kishore Biyani-led Future Group is set to expand its newest business vertical, Foodhall. Rachit Vats reports.
Gold ends flat on lack of buying, silver recovers marginally
(09 February 02:58 pm)
Gold prices ended flat at Rs 31,050 per 10gm in the national capital today on lack of buying at prevailing higher levels, while silver recovered by Rs 50 to Rs 58,650 per kg on some offtake by
Babus turn high-paid honchos
(08 February 09:59 pm)
Life begins at 60. This is true for many public sector employees and bureaucrats who joined the corporate sector after retirement and are earning more than three to four times of what they did in
New bank licence norms very soon: Reserve Bank
(08 February 09:54 pm)
Reserve Bank is likely to \"very soon\" come out with the final guidelines on new bank licences as its consultations with the finance ministry on the issue is nearing an end, deputy governor Anand Sinha
Are you a credit card fraud victim?
(08 February 09:14 pm)
Inform your bank, approach banking ombudsman, go to the appellate authority and, if all else fails, move court. Vivina Vishwanathan writes.
Sensex recovers over 51 points in early trade
(08 February 10:03 am)
The BSE benchmark Sensex recovered over 51 points in early trade today on the back of gains in stocks of realty, auto, consumer durable, capital goods, metal and banking sectors, amid a mixed Asian
Monsoon plays spoilsport
(07 February 09:45 pm)
There is more to the summer rains than just a cool respite or the romance of pitter-patter: it is the country’s life-blood. As Asia’s third-largest economy tries to claw out of a sharp slowdown, a
Dec-quarter GDP growth seen around 4.8%: official
(07 February 02:10 pm)
The country\'s economic growth likely eased further to around 4.8% in the quarter ending in December, mainly as a result of deep cuts in government spending, a senior official at the statistics
China remains top gold producer for sixth year
(07 February 12:54 pm)
China produced the most gold in world last year, making it the largest producer for the sixth straight year even as it remained the second largest consumer of the yellow metal after India.
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