Business

The Centre on Wednesday announced a six per cent hike in Dearness Allowance for its employees.

The overall teledensity has risen to 18 per cent in February 2007 from 12.18 per cent as on February 28, 2006.

Three Indian hackers, including two from Chennai, have been charged by the US for a massive stock scam.

Till recently, state-run Gas Authority of India Ltd was marred in controversies over its management style.

Cement makers now say they will hold the prices for a year, but won't roll back the recent hike.

Indian national Lalita Gupte has been proposed as new board member of Nokia. Other nominations include CEO of SAP AG & Nokia.

Civil Aviation Minister Praful Patel on Thursday said the Union Budget has very little for the aviation industry.

Soon after he rolled out Union Budget for 2007-8 in Parliament, Chidambaram spoke on its various provisions.

Chidambaram's survey says that the poor agricultural performance in India could be a challenge to stable prices.

The GoM on Wednesday approved the proposal to merge Air India and Indian into a new company.

Bharti Enterprises has plans of investing $2.5 billion by 2015 and open stores across all major cities India.

Corporate India's GenNext voices their concerns over various issues related to India's economic policies.

The competition would ultimately benefit end users as the companies are likely to come out with cheaper offers.

Global rating agency Fitch says Vodafone's $11.1 billion acquisition of Hutch-Essar was not a cheap deal.

Housing and car loans will not be impacted, even though some private banks are considering interest rates hike on these as well.

The Sensex fell over 100 points during the day but ended over eight points higher on support from domestic funds.