Ikea’s expansion plans to be mix of online & physical store Despite its expansion, Ikea India reported a widening loss of Rs 1,299.4 crore in FY24, though its revenue from operations…
Rupee dives to record low of 64.63, closes at 64.035 The rupee closed at a fresh record low of 64.0350 against the dollar on Wednesday, breaking another key psychological level… August 22, 2013 01:27 IST
Tata Hitachi grapples with weak rupee, poor demand Tata Hitachi and the country?s entire construction equipment industry, being dependent on imports (45- 50%), is reeling under the foreign… August 22, 2013 01:10 IST
Rupee’s free fall may force IT cos to revisit hedging strategy While a falling rupee looks beneficial, the nature of volatility does not help IT companies. August 22, 2013 00:51 IST
Welspun commissions Asia?s biggest solar plant Welspun Energy said it has commissioned Asia?s largest solar project in the Jodhpur district of Rajasthan. August 22, 2013 00:48 IST
We aim to bring 300 million more Indian users online: Google India Internet giant Google, which launched Hindi handwriting support for its search engine on Wednesday, has been actively exploring Indian languages… August 22, 2013 00:36 IST
Etihad, Cameroon Airways may bid for AI?s Boeing guzzlers After agreeing to buy a 24% stake in Jet Airways for Rs 2,058 crore, Abu Dhabi?s Etihad Airways could become… August 22, 2013 00:31 IST
Tata Motors AGM: Mistry optimistic, but dodges key issue Tata Motors held its 68th Annual General Meeting in Mumbai on Wednesday. August 22, 2013 00:24 IST
Mukesh Ambani’s Reliance Industries to raise $1.75 bn via ECB route Loans at a premium of 145-165 bps to Libor, but analysts say rate quite attractive given global turmoil August 22, 2013 00:17 IST
High power & fuel efficient locos set to join railways Indian Railways is just a few steps short of inducting indigenously built multi-genset, high-power engines. August 22, 2013 00:13 IST
More delay in choosing firms for Bihar loco factories project The shortlisting of companies for the ambitious Bihar loco factories project has got delayed. August 22, 2013 00:08 IST
Don?t relax restrictions on iron-ore export: JSW Steel to PM Hit by severe shortage of iron-ore, Sajjan Jindal, chairman and MD of JSW Steel, has written to Prime Minister Manmohan… August 22, 2013 00:00 IST
Asaram booked for ‘raping’ minor The victim is a student of a gurukul in Chhindwara in Madhya Pradesh. August 21, 2013 23:01 IST
Unique link: ‘D G Vanzara asked for milk from Asaram Bapu’s ashram’ The chargesheet recently submitted by CBI in the 2004 Ishrat Jahan encounter case indicates a unique connection August 21, 2013 13:30 IST
PFC, REC dump issues on clamour for coupon At 11%-plus, IL&FS manages to raise Rs 300 cr August 21, 2013 05:14 IST
AG gives go-ahead for Balco, HZL stake sales Selling residual govt stakes in open market may potentially fetch $3 bn despite call option dispute August 21, 2013 05:12 IST
Rupee, bonds to benefit as RBI softens stance S&P and Moody?s shrug off worries over rupee August 21, 2013 05:11 IST
In Parliament: Nods for new banks by next year, says FM The RBI is expected to give in-principle approvals for new banks during the first quarter of the next year, finance… August 21, 2013 05:09 IST
RBI lists steps to rein in long-term cost of funds The RBI will buy Rs 8,000 crore worth of long-dated government bonds. August 21, 2013 05:07 IST
