The 30-share Sensitive Index or Sensex ended the weak in the negative region. It tanked 620 points to close at 13,802, a loss of 4.3% compared to Thursday's close.
With the inflation rate touching a 13-year high of 11.42 per cent, BJP on Friday launched a scathing attack on the Centre and said that the UPA government does not have any "solution" to curb price rise.
Leading economists and financial sector analysts fear that the unabated inflationary pressures may push the RBI to further tighten the monetary policy by raising key interest rates by another one per cent.
Unlike yesteryears, job offers from the industry to defence personnel undergoing a six-month certificate programme in a B-School are no longer confined to 'security' roles.
Jay Shree Tea & Industries Ltd expects to produce 22 million kgs of tea in 2008-09, up from 18.5 million kgs produced in 2007-08, according to BK Birla, chairman of the company.
Sun Pharma's plan to acquire all the shares held by the promoters of Taro Pharmaceuticals is likely to hit another roadblock. Taro had told a Tel Aviv court that Sun Pharma's tender offer to purchase the shares must comply with
The Central Bureau of Investigation has asked the Regional Transport Officer here to furnish all documents relating to 452 heavy vehicles involved in the transportation of coal, a lucrative and corruption ridden business.
Two months before its maiden overseas flight was to take off, billionaire Vijay Mallya's Kingfisher Airlines has decided to rethink its whole strategy of flying abroad.
The government should abolish surcharge and both kinds of education cess for the sake of a simple income tax regime in our country, tax consultant Narayan Jain said in Haldia on Thursday.
Software companies in India are boosting focus on building a 'leadership bench' within companies, as the industry that grapples with mid- management crisis stands at the threshold of a new growth phase.
Top manufacturing companies based in India have descended on IIM Calcutta to hold campus interviews for the first batch of a unique joint IIM-IIT one-year post graduate programme in manufacturing.
Nearly 40 years after the virtual world started, companies and individuals will be able to apply for any address on the Internet and not be limited to just the 21 suffixes like .com (accounting for 80 per cent), .net and
The country's oil marketing companies are preparing for another round of increase in the price of aviation turbine fuel on July 1 as the average price of the fuel in international markets has shot up to around $160 per barrel
Oil prices struck record highs above $142 on Friday as the US dollar weakened and stock markets tumbled at the end of a volatile week for investors worldwide. New York light sweet crude hit a historic peak of $142.26 a
The exchange, Indian Energy Exchange (IEX), received bids for 13,176 Mwh of power when operation commenced and the transaction took place in the price range between Rs 6.46/kwh and Rs 8.01/kwh. Power will be delivered on Saturday as IEX is
The Supreme Court will, on Friday, hear a petition challenging the Allahabad High Court's decision that allowed Bajaj Hindustan to deduct transportation cost of Rs 10.58 per quintal per km from the sugarcane prices payable to sugarcane growers.
Despite the government's suspension of futures trading in eight agricultural commodities, the turnover of the three national commodity exchanges and 19 regional bourses increased by more than 27%.
