Business
'Govt will decide on retail FDI at the right time'
Economic Affairs Secretary R Gopalan, however, did not give any time-frame.
Premji's salary cut, Wipro CEO gets 500 pc hike
Wipro CMD Azim Premji took a huge pay cut in 2011-12, his remuneration fell to Rs 1.9 crore from Rs 4.5 crore.
Most services to come under tax net from July 1
With the exception of 38 services like funeral and burial, all other services would attract 12 per cent tax.
Sensex gains 23 points, ends at 16,990
Traders as well as investors remain cautious as they are not ready to take long positions ahead of European Union summit.
Suzlon Group to sell China unit for $60 mn
Suzlon will sell the unit with the majority of its assets and liabilities, it said in a statement.
Corporation Bank to recruit 1550 clerks: apply here
Corporation Bank will recruit 1550 single window operators shortly and is inviting online applications.
Vodafone cuts 3G rates by up to 80 per cent
Vodafone 3G plans now start from Rs 25 for 25 MB data usage and go up to Rs 1,599 for 12 GB data usage.
Fitch revises India's outlook to negative
It reflects heightened risks that India's growth potential will gradually deteriorate if further structural reforms are not hastened.
Sensex down 244 pts on RBI's rate status quo
Investors did get their one good and one bad news, but not in the way they were expecting.
Cos Bill may come up in Monsoon Session: Moily
The government is reportedly not in favour of making the corporate social responsibility obligations mandatory.
ATF rates cut by 5 pc, biggest reduction since 2010
In Mumbai, jet fuel will cost Rs 63,178 per kl from Saturday as against Rs 66,587.90 a kl now.
Coke to enter Myanmar for first time in 60 years
Myanmar, Cuba and North Korea are three countries where Coca-Cola doesn't do business.
April IIP growth at 0.1 pc vs -3.5 pc in March
While this was a rebound from the drop of 3.5 per cent registered in March, the figure is well below expectations.
'Lack of political will holding India back'
HDFC Chairman Deepak Parekh said in a letter to shareholders that India Inc was currently suffering from self-inflicted traumas that India brought upon itself.
'L Capital focusses on layers below luxury'
Ravi Thakran says at L Capital Asia they not only focus on luxury but on aspirational consumption also.
Sensex ends below 16,000, Nifty sheds 80 pts
The breadth of the market was negative with Advance Decline ratio at 1:2.
