 | Jet Airways CEO Nikos Kardassis quitsNaresh Goyal-led airline Jet Airways CEO Nikos Kardassis has resigned after a five-year stint with the company, and chief operating officer Capt Hameed Ali is the interim chief executive, the airline said today. Jet said in a filing to the BSE that Kardassis ... |
![Mallya says]() | Mallya says 'has no money to pay Kingfisher Airlines staff'Kingfisher Airlines chairman Vijay Mallya on Friday told his agitating employees, who began a hunger strike, that he did not have money to clear their salary dues. "I don't have the money to pay your salary dues, because I cannot use the proceeds from the ... |
 | Cautionary advisory against Ranbaxy drugs: Apollo PharmacyNew Delhi: Leading pharmacy chain Apollo Pharmacy said on Friday that it has issued a "cautionary advisory" against drugs made by Ranbaxy Laboratories but is still selling products manufactured by the Indian drug maker. "A cautionary advisory was issued ... |
 | New FDI rules a setback for foreign, local retailersMUMBAI | Fri Jun 7, 2013 5:04pm IST. MUMBAI (Reuters) - New rules requiring foreign supermarkets to set up their own warehouses and stores in India are likely to further delay the entry of companies like Wal-Mart Stores Inc(WMT.N), increase costs and hurt ... |
 | Rupee slides down 22 paise against US dollarThe Indian rupee on Friday closed below the key 57-mark against US dollar for the first time in a year, sliding by 22 paise, casting a shadow on the economy as imports become costlier, current account deficit (CAD) woes worsen and inflation risks rise. A weak ... |
 | Nifty hits six-week low as rupee dropsKey benchmark indices dropped in choppy trade, with investor sentiment hit by a weak rupee. The S&P BSE Sensex reached its lowest closing level in 5-1/2 weeks. The 50-unit CNX Nifty settle at 6-week low. The Sensex lost 90.26 points or 0.46%, off close to ... |
 | Rupee fall: RBI to intervene in forex market only to curb volatility, says SubbaraoCoin The rupee weakened below 57 to the dollar today to approach a record low hit about a year ago. (Reuters). Related. Indian rupee plunges to 10-month low, closes at 56.17 as US dollar demand rises · Govt mulling steps to check huge gold imports: P. |
 | Indian gold hovers near 7-week high; but demand remains weakIndian gold futures edged up, hovering near their highest level in seven weeks, as the rupee weakened to approach a record low, while physical demand remained weak due to seasonal slackness amid limited supplies after restrictions on consignment ... |
 | Buy Maruti Suzuki, downside limited: PN VijayPortfolio manager PN Vijay feels that Maruti Suzuki has benefited from falling yen and raw material prices. He reckons that Maruti Suzuki will be a big beneficiary of the reduction of gap in petrol and diesel prices. Bazaar at 08:00 am ... |