Rebuilding a 'desirable' Infosys will take 36 months: Narayana Murthy

	Rebuilding a 'desirable' Infosys will take 36 months: Narayana Murthy Bangalore: Recalled to ride out the bad times for Infosys, its chairman N R Narayana Murthy said on Saturday that the task of rebuilding a "desirable" Infosys would take at least 36 months and there would be some tough decisions resulting in "pain".
	Fall in inflation increases Subbarao's dilemma The fall in headline inflation for the month of May perhaps have increased the dilemma of Reserve Bank of India (RBI) governor Duvvuri Subbarao who is simultaneously trying to address the falling growth and rising prices amid the high volatility of the rupee.
	Petrol price hiked by Rs 2 per litre with effect from midnight Petrol price in Delhi was hiked by Rs 2.40 a litre to Rs 66.39 from Rs 63.99 previously. Petrol price was on Saturday hiked by a steep Rs 2 a litre, the second increase in rates this month, as devaluation of rupee against US dollar made imports costlier.
	SBI, RIL pay higher advance tax for first quarter Mumbai: State Bank of India (SBI) and Reliance Industries Ltd (RIL), two of the highest tax payers in the financial capital, on Saturday showed increase in the first quarter advance tax outgoes. SBI said it paid Rs.1,202 crore in advance tax for the first quarter as ...
	Spain's CIE to take majority stake in Mahindra's auto parts unit By Aradhana Aravindan and Sumeet Chatterjee. MUMBAI | Sat Jun 15, 2013 7:32pm IST. MUMBAI (Reuters) - Spain's CIE Automotive SA (CIEA.MC) will buy a majority stake in the combined auto component unit of India's diversified Mahindra Group for about ...
	Jet-Etihad deal: Ridiculous to suggest Gulf carriers as security threat, says minister In an exclusive interview with NDTV, Aviation Minister Ajit Singh rubbished allegations that the government of India was doling out special favours to Jet Airways. "The Jet - Etihad deal is per the FDI policy of the government," Mr Singh said. He was responding ...
	Jewellers' fraternity disgraced after tax raid on RiddiSiddhi Bullions Mumbai: A raid by dozens of tax inspectors on one of India's biggest gold traders this week has tarnished the reputation of an industry worth more than $70 billion a year and put at risk its access to funding, a bullion importers' group said. “The jewellers' ...
	Investors Lose Apollo Creed For all of India's emerging-market potential, some Indian companies see more opportunities overseas. But buying foreign companies can put the Indian acquirer in risky territory. Apollo Tyres's $2.5 billion acquisition of Ohio-based Cooper Tire & Rubber is no ...
	Petroleum Minister Veerappa Moily retracts statement on threat from import lobby Bangalore: Petroleum Minister M Veerappa Moily today denied he had said that he faced a threat personally from oil import lobbies. "I did not say that. My statement has been confused by media," he told reporters on the margins of a function in Bangalore.