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| Wednesday , May 11 , 2011 |

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Microsoft to buy Skype

Microsoft plans to buy Internet phone service Skype for $8.5 billion in cash, a rich price as it seeks to regain ground on growing rivals such as Google. ... | Read..

Petrol first, diesel rate hike next

Petrol prices are likely to go up by Rs 3 per litre later this week, but a hike in the rates of diesel and domestic LPG ... | Read..

SBI loans to be costlier

A week after the Reserve Bank of India raised the repo rate by half a percentage point, the State Bank of India today in ... | Read..

Norms for PSU selloff managers to change

Norms for the appointment of merchant bankers for PSU share sales are likely to be changed to avoid conflict of interest ... | Read..

HDFC profit up 23%

HDFC today beat Street estimates by posting around 24 per cent rise in net profit at Rs 1,654.90 crore in the fourth qua ... | Read..

Steve Ballmer (left) and Tony Bates in San Francisco on Tuesday. (Reuters)

Press Releases

BMW starts local assembly

BMW India today said it had started assembling engines, keeping it outside the purview of 30 pe.. | Read..

Reliance replies to Sebi notice

Reliance Industries Ltd said it had replied to a showcause notice sent by the Securities and Ex.. | Read..

India to reject EU trade proposals

India is set to reject the EU’s proposal to restart the stalled WTO trade talks by accepti.. | Read..

Andal airport to be ready next year

Bengal Aerotropolis Projects Ltd (BAPL), the company building an airport city near Andal in Bur.. | Read..

Forty rural banks await cash infusion

Forty out of the 82 regional rural banks (RRB) are yet to receive the funds required to increas.. | Read..

NTPC net profit up 37.8%

State-owned power producer NTPC today posted a 37.8 per cent growth in standalone net profit at.. | Read..

Bank trio in Malaysian venture

India International Bank of Malaysia Ltd — a joint venture of the Bank of Baroda, Indian Overse.. | Read..

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