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Bill in US Senate to make H1B hiring tougher
Provisions target Indian cos; will curb competitiveness, says Nasscom. Bangalore/New Delhi, April 24 For the second time in two years, US Senators Mr Chuck Grassley and Mr Dick Durbin proposed a legislation that aims to curb the use of H-1B and ...
Maruti says difficult year ahead; Q4 net down 18%
New Delhi, April 24 Maruti Suzuki India Ltd on Friday announced its fifth straight drop in quarterly net profits – down 18 per cent despite a 30 per cent growth in total income, with increased raw material costs and forex ...
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Mr Shinzo Nakanishi, Mana...
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RIL’s refining biz throws up negative surprise: Analysts
‘Petrochemical business offsets weakness in refining’. Kolkata, April 24 The Reliance Industries stock, one of the Dalal Street heavyweights, received prompt reviews from brokerages and readjustment in forward outlook after ...
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Rise in non-interest income lifts Corporation Bank Q4 net 26%
Profits from sale of investments touch Rs 290 cr. Mumbai, April 24 Corporation Bank posted a net profit of Rs 260 crore for the quarter ended March 31, 2009, up 26 per cent from Rs 206 crore in the same quarter last year, mainly on account of a ...
Wheat plunges below support price in Delhi
Farmers from Uttar Pradesh find refuge in Haryana. New Delhi, April 24 Wheat is selling below minimum support price (MSP) in the national ...
Ranbaxy posts Rs 777-cr loss in first quarter
Forex losses play spoilsport; revenues hit by US FDA ban on 30 drugs. New Delhi, April 24 Ranbaxy Laboratories Ltd on Friday reported a loss of Rs 777.77 crore, on a stand alone basis, for the first quarter ended March 31, 2009, against a ...
IT majors trim costs for preserving margins
Face challenges in tweaking operating metrics. BL Research Bureau The “big four” of the Indian IT services space have had a turbulent March quarter, with their key operating parameters raising several concerns. These include revenues ...
Investment stimulus is key
It must have been one of the easier Monetary Policy announcements for the RBI. In fact, it had done most of the work, in terms of repo and Cash Reserve Ratio cuts, much before the Policy. Events moved so fast in financial markets and the ...
Battle in UP shifts into high gear
Meerut: The electoral battle in Uttar Pradesh has got into high gear with the acceleration of campaigning for the 33 seats that go to polls in the third and fourth phases scheduled for April 30 and May 7 ...
Delimitation may change equation for Advani
Gandhinagar: Delimitation and various other factors have made the battle of the ballot interesting in Gandhinagar where the BJP veteran and NDA’s Prime Ministerial candidate, Mr L. K. Advani, is seeking re-election to ...
Can festivals, marriage season revive demand for gold?
Mumbai, April 24 Jolted by the sharp decline in physical demand for gold resulting from sustained high prices, suppliers are banking on Akshaya Thrithiya, an auspicious day in the Hindu calendar, to prop up sales. It falls on April ...
Markets this week(Latest Audio:English/Tamil)
On Monday, the benchmark Sensex ended down 43 points at 10,979.50, after trading between 10,863 and 11,209 in a volatile session. The Nifty closed marginally lower by 7 points ...
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