Business

The Delhi High Court on Wednesday refused to suspend the ongoing SBI employees’ strike, which entered day three. The SBI employees have been demanding higher pension.

Mittal Steel said that it would adjust the cash part of its $25 billion offer for Arcelor to take account of Arcelor's higher than expected dividend.

Mumbai realty prices are skyrocketing after the HC put a stay on mill land sale. Prices have gone up from 20 pc and 100 pc in a year.

Idea Cellular launched new prepaid offers under which the operator offered full talk time for six months on all recharges at no additional costs for Delhi and NCR region.

The sensex slipped by as much as 0.5 per cent in late trade on Thursday after Sonia Gandhi resigned from the Lok Sabha and the National Advisory Council.

Former Department of Telecom Secretary Nirpendra Misra has been appointed new Chairman of Telecom Regulatory Authority of India with effect from Wednesday.

The markets ended firm amid volatile trade. The Sensex and Nifty managed to close above 10800 and 3200 respectively. This is the highest ever closing for indices.

The market ended firm in late trade. The Sensex closed up over 60 points. The Nifty ended up over 10 points. The CNX Midcap also closed up over 20 points.

The market ended in red. This is the biggest single day fall for the Sensex since September 22, 2005. The BSE Metal Index down over 4 per cent.

American CEOs on Friday identified poor infrastructure and bureaucratic delays as major deterrents to US investments in India.

The market ended with modest loss amid volatile trade. Losses were seen in technology, banking and FMCG stocks. However, metal, auto and pharma stocks gained.

In an instant poll conducted by IBNlive.com across the spectrum - housewives, students, self-employeds, salaried class and even NRIs all voted in this poll - P Chidambaram's Budget didn't manage any impressive score.

Experts believe that the markets might correct on Tuesday, irrespective of the Budget, since there are no significant expectations from the Budget.

Industry chamber CII has projected the economy to grow at over eight per cent this fiscal in its latest State of the Economy report.

The rail Budget has announced the setting up of 200 automated ticket vending machines for railways stations in Mumbai.

CBI has conducted searches at 21 places of officials and brokers in three cities in connection with the IPO scam.