Business

The 30-minute long speech while presenting the finance bill veered around tax direction, crude prices and urgent fiscal action.

Fresher recruitment and salary levels have seen an upward trend in the IT and ITeS sector during the January-March quarter.

The Finance Ministry said it would reply to the notice given by the British telecom major after passage of the Finance Bill.

The International Labour Organisation said fiscal austerity and tough labour reforms have failed to create jobs.

Mittal said India was growing slower than its capability as European Union crisis has affected emerging markets.

Tata Communications on Wednesday said that it would not make any offer to acquire Cable & Wireless Worldwide.

The 30-share BSE index provisionally ended up 0.2 pc at 17,392.39 points, while the 50-share NSE index rose 0.19 pc to 5,300 points.

IOC, together with Hindustan Petroleum and Bharat Petroleum, is losing Rs 49 crore per day on petrol sale alone.

The airline is reeling under the debt of Rs 7,057.08 crore and the financial crunch has hit its operations with dozens of flights being cancelled.

Norway's Telenor ASA said on Tuesday it sought to claim compensation for all investment, guarantees and damages from the Indian govt.

The WB chief will take stock of the efforts to overcome poverty and other development related projects on the eve of the beginning of the 12th Five Year Plan.

Air India said that there is no threat of any strike from any of the registered unions of its employees.

The beleaguered airline owes Rs 76 crore in service tax arrears which it has already collected from passengers.

The service tax department has already frozen as many as 40 bank accounts of Kingfisher for non-payment of dues.

Mamata said it was her government's policy not to allow SEZ status and she could not change the decision.

Government warned the ailing carrier that its flying licence could be cancelled if it failed to meet safety norms.