 | Top five Indian IT services firms grow 13.3% in 2012The top five Indian IT services providers combinely grew 13.3% to reach $34.3 million in revenues in 2012 the period when the overall IT services industry grew just 2%, research and advisory firm Gartner said on Tuesday. This however is lower than the ... |
 | TRAI issues tariff orders for DTH, cable TVThe Telecom Regulatory Authority of India (TRAI) on Tuesday issued new tariff orders to make available set top boxes and other equipment for digital TV at reasonable prices. TRAI, in a statement, said the objective of these tariff orders prescribing standard ... |
 | Amway CEO, directors remanded to custody in WayanadAmway's India Chairman and CEO William S. Pinckney (right), Managing Director of. The Hindu Amway's India Chairman and CEO William S. Pinckney (right), Managing Director of Amway India, Anshu Budhraja being arrested on Monday. Photo: K. Ragesh ... |
 | Hindalco Q4 net profit down 24.7% at Rs 482 croreMumbai: Leading metals producer Hindalco Industries today reported a 24.68 per cent decline in standalone net profit at Rs 482.03 crore for the fourth quarter ended March 31, 2013, mainly due to a fall in sales and significant rise in interest outgo. |
 | Rupee ends close to 56 level; down 39 paise on heavy dollar demandMUMBAI: Falling to nearly nine-month lows, the rupee on Tuesday closed just shy of 56-level against the dollar after it slumped by 39 paise to end at 55.96, weighed down by month-end demand for the US currency from importers and defence-related ... |
 | Sun Pharma Q4 beats street, okays bonus issueSun Pharmaceutical Industries' fourth quarter net profit jumped 15 percent to Rs 1011.56 crore from Rs 820.2 crore a year ago. The company also okayed bonus issue in the ratio of one share for every one share held. Source: Moneycontrol.com ... |
 | ICRA pegs current account deficit at 4.5 pc this fiscalRating agency ICRA on Tuesday said the current account deficit will decline to 4.5 per cent this fiscal, from around 5 per cent last fiscal, following the likely dip in gold imports as well as lower crude prices. The agency also forecast economic growth to recover ... |
 | Top-order rejig at BritanniaBritannia Industries, one of the country's leading publicly-held food companies, is effecting a major rejig of its top management. As part of this, Managing Director Vinita Bali, who has been at the company's helm of affairs for a little over eight years, would focus ... |
![Tariff case stalls Tata Power]() | Tariff case stalls Tata Power's investment plansBy Matthias Williams. NEW DELHI | Tue May 28, 2013 4:32pm IST. NEW DELHI (Reuters) - Tata Power Co will hold off on major investments until it clarifies the fate of a regulatory decision to raise tariffs, a company executive said on Tuesday. The electricity ... |