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Spain falls into recession as EU gears up for crisis talks

Hindustan Times,Spain tumbled into recession and European stock markets fell on Thursday as Greece installed a crisis government to tackle its crippling debt and top EU leaders prepared for crisis talks. upcoming G8 meeting of industrialised countries but also to ...

TEXT-Fitch release on Agilent Technologies

Reuters,May 17 - The ratings and Stable Outlook for Agilent Technologies, Inc. (Agilent) (NYSE: A) are unaffected by the company's proposed acquisition of Dako, according to Fitch Ratings. Agilent today announced it had reached a definitive agreement with the ...

No end to rupee woes; closes at 54.47

Financial Express,Mumbai: A day after closing at a record low of 54.50 against the dollar, the rupee today slid further to 54.60 intra-day as capital outflows continued but suspected RBI intervention cushioned against a steeper fall and it closed at 54.47.,

High Court tells Air India pilots to end strike

Hindu Business Line,The Delhi High Court today told the agitating Air India pilots that they cannot continue their “illegal strike”. A Division Bench rejected the plea of the Indian Pilots Guild challenging the May 9 order of a single-judge Bench restraining the pilots ...

India to sign pact next week on TAPI gas pipeline

Times of India,NEW DELHI: India will sign next week an agreement to buy natural gas from Turkmenistan through a pipeline passing through Afghanistan and Pakistan which the US had been backing as an alternative to Iran-Pakistan-India line.,

Vodafone says preparations on for an IPO

NDTV,PTI, 17 May 2012 | 09:37 PM Vodafone India, which is fighting the government on the issue of tax on its acquisition of Hutchison's stake in Hutchison-Essar in 2007, on Thursday said preparations are on for an initial public offer, but shareholders will ...,-,

Bharti Airtel slashes mobile broadband rates on 3G by 70 per cent

Economic Times,NEW DELHI: Telecom major Bharti Airtel today slashed mobile broadband rates on its 3G networks by up to 70 per cent. "Volume based browsing rate on 3G down from 10 paise per 10kb to 3 paise per 10 Kb. This will be applicable for 3G non-pack users with ...

China may overtake India in gold demand in 2012: WGC

Economic Times,MUMBAI: China may overtake India as the largest consumer of gold this year as demand for the precious metal in the neighbouring country in the first three months of 2012 has surged while the same has declined in India in the same period, the World Gold ...

Gold imports set to fall on demand slowdown

Hindu Business Line,The country's gold imports may fall this year, as the current economic condition is not conducive enough for people to take a call on their investment plans, says the World Gold Council (WGC). In the first quarter (January-March) of 2012, ...

Bajaj Finserv posts marginal rise in Q4 net profit

Hindu Business Line,Bajaj Finserv Ltd reported a marginal rise in fourth quarter consolidated net profit at Rs 881 crore against Rs 872.58 crore a year ago. The net profit is after taxes, minority interest and share of profit of associates. The growth in profit was led by ...

Prices cool India's love affair with gold

NDTV,Gold demand in India, one of the world's leading buyers, is likely to moderate in 2012 as higher inflation trims disposable income at a time prices are stubbornly high on a weak rupee, the head of the World Gold Council in the country told Reuters.,-,

India makes pitches for ratings upgrade with Fitch

Economic Times,New Delhi: India made a strong case for higher ratings from global agency Fitch citing good foreign direct investment inflow and commitment to keep fiscal deficit under control. The finance ministry is keen to avoid a repeat of the embarrassing rating ..., India

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