Business

The proposed price for auction of 2G telecom spectrum has set off fears of a hike in mobile phone tariffs.

Pranab Mukherjee clarified that the tax cases which have already been assessed and finalised up to April 1, 2012 cannot be reopened.

The PM is likely to consult senior ministers to build a consensus on the contentious issue.

Subbarao said the economy was far more resilient now and that the probability of an "implosion" was low.

Gold in overseas markets traded at $1,657.89 an ounce, recovering 1.61 per cent from previous day's low of $1,631.70.

India's complaint is about a US law from 2010 that almost doubled visa fees for skilled workers to $4,500 per applicant.

Kingfisher Airlines Chairman Vijay Mallya has to pay up at least Rs 9 crore out of the remaining Rs 60 crore service tax dues by Saturday.

The social network will list its shares under the ticker symbol 'FB' on Nasdaq, the New York Times reported.

State Bank of India was down 1 per cent while its rivals HDFC Bank and ICICI Bank were down 0.4-0.55 per cent.

Maharashtra government on Wednesday unveiled a new textile policy that aims to attract an investment of Rs 40,000 crore by 2017 in the key sector.

The company said it would like to "dearly retain retain staff who have remained incredibly dedicated and loyal".

The World Bank has announced that there were three candidates in the reckoning to succeed outgoing president Robert Zoellick.

Amid concerns over rising crude oil prices, Pranab Mukherjee on Saturday said the government would take and implement 'some difficult decisions' in the coming months.

Jain earned 9.77 million euros in 2011, when the lender missed its ambitious full-year profit targets.

IMF is also looking to bolster its financial resources especially with contributions from emerging majors such as China and India.

Trinamool Congress leader Mukul Roy will be sworn-in Tuesday as Union Railway Minister.