Business
L&T to split ECC division
Kolkata, July 6: Infrastructure major Larsen & Toubro has decided to split its Engineering Construction and Contracts (ECC) division, that has seen sharp jump in
Get ready for bottom fishing
C. Kutumba Rao Markets extended their losses for seventh straight week. With the week ended, the Sensex and the Nifty recorded losses of 3,981 points and ...
Reliance Money in Nigeria
RELIANCE MONEY, on Sunday announced its debut in Nigeria joining hands with Lagos-based industrial house Chellarams Plc. This is the first initiative by an Indian broking ...
Climate to spoil wheat party
New Delhi, July 6: According to the ‘Wheat Report 2008: Future Tense’, brought out jointly by Assocham and AgriWatch, country’s wheat production may fall by ...
Rupee to touch 45 a dollar
By Our Special Correspondent Mumbai July 6: The government of India had recently permitted the oil marketing companies (OMCs) to sell their oil bonds to the RBI ...
Crude price to rise: Opec
Algiers, July 6: Opec president, Mr Chakib Khelil warned on Sunday that oil prices will continue to rise because of the falling dollar, in an ...
US citizens work for India
By OUR CORRESPONDENT New Delhi July 6: In a telling example of reverse outsourcing, 12 top Indian companies have invested billions of dollars in the United States, ...
Merrill to sell stake in Bloomberg
New York: Merrill Lynch & Co may sell its 20 per cent stake in Bloomberg LP to a blind trust controlled by New York City ...
Indian banks ready for foreign operations
Mumbai, July 6: Aiming to tap the fast-growing NRI and corporate financing business overseas, a host of Indian banking majors including the country’s largest lender, ...
Real estate slowdown hits cement companies
By Chirantan Shah Chennai July 6: Higher input costs, low market valuations and scaled up capacity amidst reduced demand is likely to take its toll on the ...