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Business News

  • 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.

    Th...

  • 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. ...
  • 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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