Business

Norway's Telenor-controlled Indian venture Uninor on Wednesday put on auction its entire telecom business for a minimum of Rs 4,000 crore.

Weaker-than-normal monsoon rains add to expectations that the RBI will keep its repo rate on hold at 8.00 per cent.

The 30-share BSE benchmark rallied 304.49 points or 1.81 per cent to close at 17,143.68 with support from 27 stocks.

Arun Mishra takes over at a time when a legislation is almost in its final stages to convert DGCA into a Civil Aviation Authority.

Due to the overall slowdown in the automotive market, many companies are considering to reduce their workforce.

In case the company chooses CISF cover it would have to give a formal request in this regard to the Ministry of Home Affairs.

The Empowered Group of Ministers led by P Chidambaram is scheduled to meet on Friday.

If you are comfortable in calculating your taxes and using computer and internet, you can file the return free of cost.

Imports also fell sharply, thanks in part to lower global oil prices, narrowing the trade deficit to $10.3 billion.

The Sensex gained as much as 110 points in morning trade, but could not sustain the gains in second half of trade.

Uncertainty about spending by US and European clients will likely weigh on the earnings of Indian outsourcers.

The BSE benchmark rose 226.37 points or 1.30 pc, to close at 17,618.35 led by support from 27 out of 30 stocks.

The reported "sale" of Kingfisher Villa and Kingfisher House are factually incorrect, said the airline.

Issuers who believe the rupee has bottomed might find it an attractive time to borrow in dollars.

Union Bank of India announced a cut of up to 1 percentage point in its lending to micro, small and medium enterprises.

The improved global risk environment comes as investors are growing hopeful of meaningful policy reforms at home.