Business
Rico Auto to hire up to 500 peple for 3 new plants
Currently, Rico Auto employs around 7,000 people for the entire groups, out of which 50-60 per cent are permanent workers.
SBI cuts fixed deposit rates by 0.5-1 per cent
The bank, however, has left interest rate unchanged at 8.5 per cent for term deposit of 5-10 years.
Kingfisher Airlines lenders to meet on Wednesday
As many as 17 banks, led by SBI, have exposure of over Rs 7,000 crore in advances to the carrier.
AI yet to decide on direct ATF import: Ajit Singh
Air Turbine Fuel sold in India is nearly 50-60 per cent costlier than the price in overseas markets like Bangkok, Singapore or Dubai.
FCI assistant grade-III recruitment 2012-13 opens, 6545 positions vacant
Food Corporation of India (FCI) has issued notification for 6545 Assistant Grade III positions for five zones.
Transglobal sells Kingfisher shares worth Rs 7.43 cr
On August 10, another entity LKP Merchant Financing had sold 93.6 lakh shares of the airline for over Rs 7 crore.
July consumer inflation eases to 9.86 per cent
India has the highest retail inflation among the BRICS group of emerging economies - Brazil, Russia, China, and South Africa.
CAG report on power tabled, Reliance Power reacts
Reliance Power said that it got surplus coal only via use of technology and that the EGoM ratified allocation of coal blocks to it.
Facebook insiders can sell stock as 'lock-up' ends
Facebook's early investors and a handful of top executives become eligible on Thursday to sell stock they own.
Rupee down 29 paise against dollar
The rupee depreciated by 29 paise to 55.63 against the dollar in early trade on Tuesday, extending losses for the third day in a row.
Maruti factory riot sounds alarm bells for industry
Other foreign carmakers, such as Hyundai and Honda, have seen labour unrest at their Indian plants in recent years.
Rupee soars by 51 paise against dollar
The rupee had gained 9 paise to close at 55.75 against the US currency in the previous session on Friday.
2G: Cabinet decides spectrum price at Rs 14,000 cr
The reserve price fixed would be a disappointment for the telecom industry which had been pitching for a 80 per cent cut.
Rupee falls to one-week low vs dollar
The rupee on Friday again breached the 56-mark by losing 31 paise to 56.15 against the US dollar.
Facebook shares first time below $ 20
Facebook has now lost almost half its value since debuting at $38 in May in the largest IPO ever to emerge from Silicon Valley.
Unitech challenges move to auction Telenor JV assets
Unitech had already said on Wednesday it would take legal action against the planned auction of assets.
