P. Chidambaram's reform talk draws blank in forex market, rupee down 19p at ...

	P. Chidambaram's reform talk draws blank in forex market, rupee down 19p at ... After a day's respite, rupee today continued its downward spiral and closed 19 paise lower at 57.98 against the dollar on weak stocks and disappointment over lack of concrete measures in Finance Minister P Chidambaram's reform talk. Fresh dollar demand ...
	Gary Kenneth Toomey new CEO of Jet Airways NEW DELHI: Aviation industry veteran Gary Kenneth Toomey was today appointed by Jet Airways as its new Chief Executive Officer, nearly two months after the airline's deal with Gulf carrier Etihad. The appointment followed the resignation of Nikos ...
	Apollo Tyres sinks 25%; Cooper Tire buy fuels debt concerns The acquisition of Cooper Tire helps Apollo become the 7th largest tyre maker in the world. However, the bigger concern is that the deal is entirely funded via debt and its debt:equity will shoot up. Source: Moneycontrol.com ...
	Govt corrects IIP growth rate twice in a day, Apr IIP 2.3% Correcting the industrial output figures twice within span of a few hours, the government today said IIP grew at 2.3 per cent in April instead of 2 per cent reported yesterday. The first correction this morning put the Index of Industrial Production (IIP) at 2.2 per ...
	JSPL shares recover after sharp fall Jindal Steel & Power Ltd (JSPL)'s stock has recovered 17 per cent from the low it hit on Tuesday (June 11), the day the news of a case being registered against Chairman Naveen Jindal , and CBI searches at his offices and home, broke. On Tuesday, JSPL's ...
	HSBC lowers India's FY14 growth forecast to 5.5% from 6% Global financial giant HSBC today lowered India's growth forecast for this fiscal year to 5.5 per cent from 6 per cent citing slow reform process. HSBC said growth has been in line with its expectations in 2013, but slower reform progress will delay the recovery.
	SBI witnesses 60% rise in deposits as savers seek safe haven State Bank of India has notched up nearly 60 per cent uptick in deposits so far this fiscal, partly due to the flight of savings from ponzi and bogus schemes, many of which went belly up in recent months, its Chairman Pratip Chaudhuri has said. Surprisingly ...
	RBI may cut CRR on Jun 17: Bank of America Merrill Lynch The Reserve Bank of India is likely to go for a 0.25% cut in cash reserve ratio (CRR) instead of interest rates next week as this move is likely to balance growth and rupee concerns, Bank of America Merrill Lynch said on Thursday. The foreign brokerage firm ...
	Murthy's return boon for staff; Infosys hikes salary by 8% Murthy's return boon for staff; Infosys hikes salary by 8%. Narayana Murthy's return proves to be boon for employees, the company annouces an average 8 percent salary hike higher than 6 percent provided last year. Source: Moneycontrol.com. Share · Tweet ...