Business News
Reliance shuts all of its petrol pumps in India »
Reliance Industries has shut all of its petrol pumps throughout country after sale dropped to almost nil as it could not match the subsidised price offered by public sector competition. The company owned less than three per...
Microsoft withdraw its offer to buy Yahoo »
Microsoft has withdrew its proposal to acquire Yahoo on Saturday. Microsoft CEO Stephen Ballmer said in a letter to Yahoo that Microsoft withdrew its proposal to acquire Yahoo. Stephen Ballmer said in his letter posted in Microsoft...
Mukesh Ambani’s $2 billion home world’s most expensive »
According to the Magazine Forbes the 27-storey skyscapper built in Mumbai by the fifth richest person in the world Mukesh Ambani, will be the world’s largest & costliest home with a price-tag nearing two billion dollar. It’s...
CRR hiked by 25 bps, repo rate unchanged »
The Reserve Bank of India has left the repo & reverse repo rate untouched. The central bank has, however, gone in for another 25 basis points (bps) hike in CRR to 8.25 per cent in the annual...
Reliance Industries financial results on April 21 »
The Mukesh Ambani has said on Monday that the Reliance company will announce its yearly financial results on 21 April. In a communique to the Bombay Stock Exchange, it said a meeting of the board of directors...
Reliance launched “free unlimited outgoing calls” in Punjab »
Reliance Communications announced a special offer for its existing & new subscribers in Punjab called “Free Unlimited Outgoing Calls” to all Reliance mobile subscribers in the state on Monday. An official of Reliance company said that now...
Cars, ACs set to be dearer »
From April prices of most cars, automobiles & white good will decreased. Cars, ACs are set to be dearer. The steep increase in prices of steel, aluminum & copper will be passed on to the consumer, who...
Maruti Suzuki launched Swift DZIRE »
Swift DZIRE has been launched on Wednesday by Maruti Suzuki India Ltd (MSIL). Managing Director of Maruti Suzuki India Ltd said, “It has a special place in our product strategy. Millions of Indians own compact cars. With...
Warren Buffett becomes World’s richest person »
Bill Gates the Microsoftt founder has been knocked off his perch as the world’s richest man after 13 years at the top. Bill Gates has overtaken by US financier Warren Buffett as the world’s richest in this...
HMSI launched new scooter “Aviator” »
HMSI Honda Motorcycle & Scooter India on Sunday launched a latest 102 cc scooter named as “Aviator” whose price is Rs. 40,708/ (ex-showroom) in Hyderabad. HMSI said, “The company after successfully reviving the scooter market from the...
US Fed cuts key interest rate »
The Federal Reserve of US on Wednesday reducing the federal funds rate by a half point & cut a key interest rate for the second time in just over a week. It signalled that further rate cuts...
BSE Sensex down »
Indian Stock markets are down in the early trades today. The BSE Sensex has lost over 100 point early in the morning. The valuations of some companies are looking over-stretched. Bajaj Auto was down by 2.3% and...
Mittal & Ambanis World`s Wealthiest CEOs: Forbes »
Steel tycoon Lakshmi Mittal & Ambanis – Mukesh Ambani and Anil Ambani & Wipro chief Azim Premji, are among the 10 wealthiest CEOs in the world, according to American magazine Forbes. Out of the world’s 10 wealthiest...
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