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The World Bank plans to slash 500 jobs in the next three years globally, even as it looks to create up to 300 new positions in India to meet business needs.
Drug firm Ranbaxy Laboratories on Friday said Luxembourg Stock Exchange (LSE) will delist its GDR (global depository receipts) programme with effect from December 15.
Union Bank of India on Friday reported a 78.4 per cent rise in net profit at Rs 371.34 crore for the quarter ended September 2014.
IDBI Bank on Friday posted a 38 per cent fall in net profit at Rs 118.49 crore for the second quarter that ended on September 30, 2014, on higher employee cost and provisioning.
As part of its efforts to boost revenue collection, the Central Board of Direct Taxes (CBDT) has asked the Income Tax Department to monitor cases of over five lakh taxpayers who have not filed their
Shriram Group\'s retail lending arm, Shriram City Union Finance, on Friday reported an 8 per cent increase in net profit at Rs 138 crore for the September quarter of this fiscal year.
The government will by end of November appoint chairman and managing directors of eight public sector banks, where it had scrapped selections made by the previous UPA government.
JSW Energy on Friday reported a 96 per cent jump in net profit at Rs 318.63 crore for the second quarter that ended on September 30, 2014-15, mainly due to increased power generation at its plants.
Wind turbine maker Suzlon Energy on Friday posted a net loss of Rs 656.21 crore for the second quarter that ended on September 30, 2014-15.
Welspun Enterprises (WEPL), part of the $3-billion Welspun Group, on Friday said it has completed the sale of Welspun Maxsteel (WMSL) to JSW Steel (JSW) in follow-up to the definitive agreement
The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan (BoJ) significantly ramped up its stimulus program, just days after the Federal Reserve wound
The Securities and Exchange Board of India (Sebi) has accused Sahara of deliberately failing to sell its marquee overseas hotels in New York and London, seen as crucial to it complying with an order
Sahara group has paid Rs 31 lakh to Tihar Jail authorities as charges for the stay of its chief Subrata Roy in an air-conditioned facility and using services like phone, internet and video
Eight years after it came into being as one of the world\'s largest mobile manufacturing facilities, Finnish telecom major Nokia\'s Chennai plant is all set to suspend operations from Saturday,
State-run lender Power Finance Corporation on Friday reported a nearly 11 per cent jump in net profit at Rs 1,408.58 crore for the second quarter that ended on September 30, 2014, on account of an
Dairy products maker Hatsun Agro Product Ltd has reported a 66.7 per cent decline in net profit at Rs 10.27 crore for the second quarter of the ongoing fiscal year (2014-15).
Declining prices of crude oil and food will help lower inflation, Finance Minister Arun Jaitley said on Friday, expressing confidence that economic growth in the current fiscal year will be in the
JK Paper Ltd on Friday reported a net loss of Rs 19.68 crore for the second quarter ended September 2014, on the account of higher finance costs.
Cairn India on Friday said it has started to inject polymer into wells to raise output from its largest oil field in the prolific Rajasthan block, Mangala.
US stocks rose sharply on Friday, with the Dow hitting an intraday record high as the Bank of Japan (BoJ) significantly ramped up its stimulus program, just days after the Federal Reserve wound down
US stocks rose at the open on Friday as markets rallied globally after the Bank of Japan (BoJ) significantly ramped up its stimulus program just days after the Federal Reserve wound down its own
The Dow industrials hit a record high on Friday as stocks rallied on Wall Street after the Bank of Japan (BoJ) significantly ramped up its stimulus program, just days after the Federal Reserve wound
Consumer durables firm Whirlpool of India on Friday reported an over two-fold increase in net profit at Rs 40.72 crore for the second quarter that ended on September 30, 2014, on account of higher
Telecom Secretary Rakesh Garg is scheduled to hold his first round-table meeting with industry players to discuss problems in the sector and proposals to resolve them.
Output expanded 5.8 percent year-on-year in August. The sector, which comprises coal, crude oil, oil refining, natural gas, steel, cement, electricity and fertilisers, accounts for 37.9 percent of