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| Saturday , April 25 , 2009 |

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Nomura cuts jobs at BPO unit

Nomura Holdings — the Tokyo-based investment banking powerhouse that bought Lehman Brothers’ floundering assets in Asia including India — has started laying off people in Mumbai just six months after it had saved them from the dire prospect ... | Read..

Ranbaxy suffers Rs 761cr loss

Ranbaxy Laboratories has suffered a consolidated loss of Rs 761 crore for the first quarter ended March 31, 2009 agains ... | Read..

Tatas pick up 15% stake in Sydney firm

Tata Steel has picked up a 14.99 per cent stake in Sydney-based Riversdale Mining, which owns coal mines in South Africa ... | Read..

Air India gets acting chairman

E. K. Bharatbhushan, a Kerala cadre IAS officer, will replace Raghu Menon as chairman and managing director of Air India. Me ... | Read..

IDBI Bank ready for mutual fund foray

IDBI Bank will enter the mutual fund business. ... | Read..

Nomura cuts jobs at BPO unit

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Maruti profit skids 30%

Maruti Suzuki India today recorded a 29.6 per cent decline in net profit at Rs 1,217 crore for .. | Read..

Dollar inflow to defy slowdown

Foreign direct investment into India is likely to surge to $30 billion in 2009-10, at a time when o.. | Read..

Universal Cables inks pact

MP Birla group company Universal Cables has entered into a joint venture agreement with Japan-base.. | Read..

Bid to tap foreign gas reserves

India wants to play an active role in the development of Turkmenistan’s huge natural gas r.. | Read..

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ICICI gets legal notice

Arena centre

FedEx plan

Audi launch

RBI rule on bad assets