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Rate cuts in dribs & drabs

The SBI and HDFC Bank, two of the country’s largest banks, today responded to the Reserve Bank of India’s move to prune both the repo rate and the cash reserve ratio (CRR), but it will not result in any major benefit to their existing borrowers....   | Read..
 

Kohli to don Airtel MD mantle

Telecom major Bharti Airtel today said its board would consider on Friday the appointment of Manoj Kohli as the company’s managing director, extending a management ...   | Read..
 

PM gives a month to settle oil block row

Prime Minister Manmohan Singh today directed the oil and the defence ministries to settle within a month their differences over 39 oil and gas blocks awarded to firms suc...   | Read..
 

Oil India stake sale cleared

The government expects to raise around Rs 3,000 crore by divesting a 10 per cent stake in Oil India on Friday....   | Read..
 

Suzlon settles Sebi dispute

The Securities and Exchange Board of India has disposed of proceedings against Suzlon Energy, its chairman Tulsi Tanti and four other executives through the consent route...   | Read..
 
Rate cuts in dribs & drabs


 Press Releases
 

EIH profit takes a hit

Hospitality major EIH Ltd today posted a 27.5 per cent decline in net profit for the quarter ended December at Rs 32.77 ...   | Read..
 

Surprise fall in US output

The US economy unexpectedly contracted in the fourth quarter, suffering its first decline since the 2007-09 recession as bus...   | Read..
 

Vodafone opposes sale terms

Vodafone today sought withdrawal of the recently issued guidelines for the second round of spectrum auction, terming the...   | Read..
 

Usha Martin net

Specialty steel and wire rope maker Usha Martin Ltd has registered a consolidated profit after tax of Rs 30.41 crore for...   | Read..
 
 
Briefs

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Rupee up 47 paise

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Jute wages

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Jet salary hike

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