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RBI, SEBI unveil fresh measures to calm markets
Market regulator disapproves overseas lending by FIIs

Sensex retraces 10000-mark
MUMBAI: Snapping its three-day losing spree, the Bombay Stock Exchange sensitive index (Sensex) regained the 10000-mark on Monday on buying support in IT and banking stocks, though a cut in short-term lending rate by the Reserve Bank of India ...

Japan can be a large IT market: Nasscom
Scope for reducing dependence on U.S., European markets

India hit by ripple effects of global financial crisis: FM
Confident of achieving 7-8 per cent economic growth

Big TV touches half a million subscriber-mark
MUMBAI: Big TV, the DTH arm of Reliance Communications, has touched the figure of five subscribers within two months of its launch. The company is now targeting five million subscribers within the first year of operations and plans to double ...

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L&T to continue its MED business
MUMBAI: Larsen & Toubro Limited (L&T) has decided to continue with the operations of its Mysore-based medical equipment and systems (MED) business unit, according to a statement issued by R. N. Mukhija, President – Operations. To ...

Mitsubishi Heavy-VST Tiller venture on stream
BANGALORE: Mitsubishi Heavy Industries, Japan, and VST Tiller Tractors, Bangalore, have commissioned their first diesel engine plant in Mysore. The joint venture was formed last year with Mitsubishi holding 90 per cent equity. The initial ...

DuPont to expand safety business offering
CHENNAI: DuPont is targeting a significant growth for DuPont Safety Resources, a safety consulting business, by acquiring Coastal Training Technologies Corporation, a global producer and marketer of training programmes. It offers contents in ...

Piyush group makes foray into construction
NEW DELHI: Leading realty firm Piyush group on Monday announced its foray into the construction business by launching Piyush Developers Ltd. “Through this new enterprise, we will address the real estate industry’s need to improve ...

Appointed MD for Perot’s Asia-Pacific region
BANGALORE: Perot Systems Corporation has appointed Anurag Jain as Managing Director for the company’s Asia-Pacific region. He will be responsible for heading the company’s business development and market expansion. Mr. Jain will ...

Joins SpiceJet as CEO
NEW DELHI: Sanjay Aggarwal has joined SpiceJet as Chief Executive Officer with immediate effect. His last assignment was with Flight Options as the company’s Chief Operating Officer and Chief Strategy Officer. Flight Options, a leading ...

New ED for Corporation Bank
MANGALORE: Asit Pal, General Manager of Bank of Baroda has been appointed Executive Director of Corporation Bank. He has worked in different capacities in branches, Regional/Zonal Offices, administrative offices before he was posted as an ...




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