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| Finance & Investments (South Asia) |
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The share prices of power transmission and distribution company Areva T & D rose 2.8 per cent on the Bombay Stock Exchange on Tuesday in anticipation of a possible open offer. A combine of Alstom and Schneider Electric have bought  |  |


Sun Pharma's share price jumped 5.62 per cent on the Bombay Stock Exchange after it gained a new ally in its legal battle to acquire Israel's Taro Pharmaceuticals with minority investor Templeton Asset Management switching sides to support Sun's bid.  |
Led by market leader Hero Honda, two-wheeler manufacturers posted an impressive growth in sales during the month of November on the back of favourable bank lending rates and a good response to new launches. Heavy promotional campaigns and sales offers  |  |
As per the new tariff, consumers who were paying monthly water charge of Rs 52 for consuming 10 kilo litre of water will now have to pay Rs 82.  |  |


The economy clocked a robust 7.9 per cent growth in the second quarter, catapulted by a stimulus packages-powered strong industrial growth. And, manufacturing grew by 9.2 per cent against 5.1 per cent in the year-ago quarter.  |  |
The government has approved a proposal of British luxury apparel brand Burberry to set up a joint venture in India for single brand retailing. The 153-year old company, famous for its high-end apparels, like trench coats and mufflers, plans to  |  |
Come New Year, cars will be costlier with automakers like Toyota and General Motors on Tuesday saying that they will hike prices by up to three per cent due to rising input costs, while the country's largest car maker Maruti  |  |
The conclave of global experts on immigration on Tuesday said that work permits should be more liberal for students who study abroad in order to enable them take up jobs there.  |  |
The projects include six-laning of highway stretches in Rajasthan, Gujarat and Andhra Pradesh, four-laning of highway stretches in Gujarat, Maharashtra and Madhya Pradesh and two-laning with paved shoulders of stretches in Punjab and Rajasthan.  |  |
The Singapore-based DBS Bank has said its total exposure to Dubai is around $1.28 billion and out of this only $400 million is to the troubled Dubai World, but the bank believes that the situation is manageable.  |  |
As a result, trade gap narrowed further to $8.8 billion in the month from $11.7 billion in October 2008.  |  |
Mumbai and New Delhi continue to be on the top 10 list of the world's 10 most expensive office markets.  |  |
Jairam Ramesh discusses issues related to the Copenhagen Climate Change Conference which will be kicked off on December 7. He also talks about all there is to know about India's official position on the hottest issue on the planet this  |  |
The Sensex ended at 17,198, stronger by 272 points, and the Nifty closed at 5,122, higher by 89 points.  |  |
Priced at Rs 75 for a 250ml can, Burn is one of the most  |  |
The drought conditions in Himachal this year have led to an increase in non performing assets (NPAs) in Agricultural loans of all banks. The bad loans touched a record high of 30 percent in June 2009.The NPA in agriculture sector  |  |
The All India Regional Rural Bank Employees' Association (AIRRBEA) demanded greater autonomy of the regional rural banks (RRBs) by separating them from the commercial banks sponsoring them.The association has also pushed the proposal of setting up of National Rural Bank  |  |
Following the arrest of over 100 farmers in Jalandhar for delay in loan repayment, the opposition leader Rajinder Kaur Bhattal has demanded a complete waiver of such loans.Bhattal said, "It is highly deplorable that Shiromani Akali Dal (SAD), which claims  |
The Reserve Bank of India (RBI) is reluctant to accept a request from banks regarding greater exposure in a single corporate group. Banks led by SBI, country's largest lender, had approached RBI to relax group exposure norms for infrastructure sectors,  |  |
The main branch of Allahabad Bank has opened up a special counter in Bhagalpur for senior citizens, women and physically challenged.Customers preferred to visit the bank's main branch on Sundays. Branch Manager, Rai Upendra Bahadur said, "The special counter has  |  |
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