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Stocks swoon on wild Wednesday
Stocks today sank in a selling tsunami triggered by fears of thinning foreign capital flows and signs that US interest rates will go up faster than expected. ...  | Read.. 
 
Rupee slides to 43.85
It was not the equity market alone that had a turbulent day. The forex and money markets also experienced some bearish distu ...  | Read.. 
 
US rate concerns weigh on world markets
Stocks eased worldwide on Wednesday after minutes released from the US Federal Reserve's December meeting fuelled concerns ...  | Read.. 
 
Reliance Info in launch overdrive
In the next three months, Reliance Infocomm will more than quadruple its footprint from 1,100 towns to over 5,100, dwarfing ...  | Read.. 
 
Stake sparks in Ambani duel
The war of words between the Ambani brothers intensified today with sources close to Anil revealing that the younger sibling ...  | Read.. 
 
A new sunrise: Ford Motor unveiled the 2005 Mustang convertible at the Greater Los Angeles Auto Show on Wednesday. Ford is preparing to display the ...  | Read
 
 
Companies to pay global rates for ore
The steel ministry wants mining major NMDC to auction iron ore to domestic companies at internation..  | Read.. 
Bata to offer 1:4 rights
Bata India Ltd today announced a rights issue in the ratio of one share for every four held in ..  | Read.. 
 
Govt to offload 5% in Bhel, Maruti
The government is planning to sale small stakes in the country's largest carmaker, Maruti Udyog Ltd..  | Read.. 
 
LG unveils Rs 1200crore five-year plan
LG Electronics India Limited (LGEIL) plans to invest Rs 1,200 crore over the next five years. ..  | Read.. 
 
Bank of India eyes Indonesian buyout
Bank of India (BoI) is planning to take over a bank in Indonesia as part of its plan to expand ..  | Read.. 
 
Fresh funds for co-op banks sought
The A. Vaidyanathan committee on the co-operative sector submitted a report to the government, ..  | Read.. 
 
Talks with Aramco on Saudi refinery soon
Saudi Arabia today invited Indian companies to set up oil refineries there, mainly for the expo..  | Read.. 
 
Twin knowledge parks for semiconductor firms
Indian Institute of Technology, Kharagpur (IIT-K) has proposed twin knowledge parks in Kharagpu..  | Read.. 
 
Scheme to help close defunct companies
Saddled with over 3-lakh defunct companies, the government today said a new scheme would be announc..  | Read.. 
 
Maruti price hike spares 800
Maruti Udyog Limited (MUL) today formally announced the price hike for its various models. ..  | Read.. 
 
Stamp of quality for telecom watchdog
The Telecom Regulatory Authority of India (Trai) has got a quality management system certificate li..  | Read.. 
 
AROUND THE GLOBE
Delta Air halves fares
Delta Air Lines Inc, the No. 3 US carrier, said on Wednesday it is cutting its airfares by as much ..  | Read.. 
 
Big Two stutter
General Motors and Ford Motor on Tuesday capped 2004 with another..  | Read.. 
 
New-age tech firms deck up to strut their stuff
A new-format skirmish in the consumer electronics cosmos may escalate into a full-blown declaration..  | Read.. 
 
STOCK MARKET
Mutual Funds
CORPORATE BRIEFS
Shriram stake sale
Hind Motors
Bajaj Allianz
Eicher Motors
Reliance Info
GACL growth
 
Phone tariffs to fall
Nasscom view
BSNL move
BoR rates
CMC stake