Indian markets rally for the fifth straight week Mumbai, Feb 4: Indian equities markets rallied for the fifth consecutive week with investors buoyed by the hope that the economy could shrug off the sluggishness of the past few months that wou...
Telenor to write down $724.5 mn investments in Uninor New Delhi, Feb 4: Norwegian firm Telenor today said it would write down investments into its Indian mobile arm -- Uninor -- worth about $724.5 million (4.2 billion NOK) following the Supreme Co...
Beleagured Kingfisher defers joining oneworld Mumbai, Feb 4: The beleaguered Kingfisher Airlines has deferred its plans to join the oneworld alliance until it can strengthen its financial position, an official said here today.
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Maharashtra to encourage 'green' industrial projects Mumbai, Feb 3: The Maharashtra government is taking measures to boost green and environment friendly industrial projects in the state to protect the environment, an official said today.
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Indian banks can absorb 2G licence losses: Fitch Ratings Chennai, Feb 3: The Indian banking sector should be able to weather the loan losses from the cancellation of second generation (2G) spectrum licences by the Supreme Court though their profits would take a hit, says global credit rating agency Fitch Ratings.
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