India Business News

Sun, 05 Sep 2010 06:28:34 GMT
SBI mulls merger of associate banks
State Bank of India (SBI) is considering the merger of all five of its remaining associate banks with itself, having amalgamated with two of them in the last two years.

Sun, 05 Sep 2010 07:54:30 GMT
US CEOs pocket hefty payouts amid layoffs: Study
Cost-cutting moves might have cost thousands of US jobs, but many CEOs at companies' that resorted to massive layoffs saw their pay packets fatten in 2009, says a study.

Sun, 05 Sep 2010 05:26:29 GMT
'Maruti Suzuki to build new auto plant'
Japan's Suzuki Motor Corp is planning to build a new factory in India capable of producing more than 250,000 vehicles a year, the Nikkei business daily reported on Sunday.

Sun, 05 Sep 2010 05:30:29 GMT
Maharashtra, Delhi NCR top FDI list in India
Maharashtra attracted maximum foreign inflows at USD 1.53 billion (Rs 6,989 crore) and accounted for 35 per cent of the country's total FDI during April-June this fiscal.

Sun, 05 Sep 2010 05:29:15 GMT
IRDA to set up integrated grievance redressal cell
Insurance watchdog IRDA will set up a centralised grievance redressal mechanism to ensure that the problems of customers in the life and non-life sectors are addressed in a time-bound manner.

Sat, 04 Sep 2010 14:16:20 GMT
Silver hits new record, gold declines
Gold prices declined further to close below the psychological Rs 19,000-level at the bullion market here today due to reduced buying interest from retailers at current levels amid profit booking following a bearish trend in global markets.

Fri, 03 Sep 2010 13:05:32 GMT
India's forex reserves swell to $282.84bn
After having declined for two consecutive weeks, country's foreign exchange reserves grew by USD 293-million to USD 282.84-billion from the week before's USD 282.55-billion.

Sat, 04 Sep 2010 06:12:03 GMT
US loses 54,000 jobs, Obama promises new package
As the US lost 54,000 jobs last month, President Barack Obama promised a new package of ideas next week on job creation and lashed out at Republicans for blocking a legislation to help small business.

Sat, 04 Sep 2010 07:37:10 GMT
BP spill costs hit $ 8bn as crews unearth clues
British oil giant BP has spent $ 8 billion to battle the Gulf of Mexico disaster, the company has revealed as its crews retrieved key evidence from the seabed.

Fri, 03 Sep 2010 19:13:51 GMT
Infosys open to foreigner as chief: Murthy
Infosys chairman and chief mentor Narayana Murthy on Friday said the company is open to a foreigner becoming his successor.