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Energy

Reliance strikes oil in Cambay Basin, off Gujarat coast

Tuesday, November 10, 2009 20:14

Reliance Industries Limited (RIL), run by Mukesh Ambani, has announced discovery of an oilfield in the Cambay Basin, off the coast of Gujarat.

ONGC Q2 2009 net profit up 6% on lower subsidies, higher oil prices

Friday, October 30, 2009 14:59

Oil & Natural Gas Corp. (ONGC), India’s biggest government-owned energy explorer, said net profit in the three months ended September 30, 2009 climbed 5.8 percent to 5,090 crore rupees on higher earnings from crude oil sales.

Reliance Q2 2009 net profit down 6.4 %

Friday, October 30, 2009 7:28

Reliance Q2 2009 quarterly report released; net profit down 6.4 %

Issues

Satyam gets legal notices from 37 companies seeking repayment of Rs 1230.4 crores

Wednesday, November 18, 2009 15:26

According to a stock exchange announcement by Mahindra Satyam, on November 17, 2009, 37 companies have served legal notices to Satyam Computer Services (now Mahindra Satyam) seeking a repayment of Rs 1230.4 crores.

New Direct Taxes Code will alter investment behaviour in India

Tuesday, September 29, 2009 8:42

The proposed new Direct Taxes Code (DTC) is widely expected to transform the savings and investment behaviour in India.

Economy

India’s IT sector to see double-digit growth by 2010, says Nasscom chief

India’s IT sector to see double-digit growth by 2010, says Nasscom chief

Thursday, November 12, 2009 5:36

New Delhi: The information technology (IT) sector In India is to grow by 4%-7% this fiscal and is expected to attain a double-digit growth in the next fiscal starting from April 2010.

Bharti Airtel profit growth slips in 2009

Wednesday, November 4, 2009 8:14

Bharti Airtel, India's largest telecom operator, posted its lowest profit growth in 2009, in nearly six years.

Versace to cut jobs, faces losses in 2009

Friday, October 30, 2009 10:31

Versace, the Italian fashion house, has decided to cut jobs in the wake of low demand for designer merchandise. The layoffs will affect almost one fourth of Versace's total employees around the world.

Featured

Delhi Metro Airport Express Line to IGI to open in Sep 2010

Delhi Metro Airport Express Line to IGI to open in Sep 2010

Friday, November 13, 2009 8:25

New Delhi: The Airport Express Line, of Delhi Metro, that connects the 24.2-kilometre stretch between Connaught Place and Indira Gandhi International Airport (IGI) is set to open in September 2010.

BSNL introduces per-second billing plan with one-year validity

Monday, November 9, 2009 18:43

New Delhi: Bharat Sanchar Nigam limited (BSNL), one of the leading telecom operators in India, has launched a ‘pay-per second’ billing plan, with one-year validity, for its GSM pre-paid mobile customers.