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Stocks make mockery of investors; gold remains true friend

30 DEC 2011, 11:43 PM

Stocks make mockery of investors; gold remains true friend

As the investors burnt their fingers with heavy losses in the stock market in 2011, the tried-and-tested gold added to its glitter and silver could retain only part of the sheen it gained during the year.

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Social networking sites most vulnerable to cyber attacks: Report

30 DEC 2011, 11:41 PM

Social networking sites most vulnerable to cyber attacks: Report

Social networking sites will be most vulnerable to cybercriminal attacks across the world in the next one year, says a report from Trend Micro.

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Mistry among 12 global executives to watch in 2012: WSJ

30 DEC 2011, 11:39 PM

Mistry among 12 global executives to watch in 2012: WSJ

Cyrus Mistry, the chosen successor of Ratan Tata to lead the Tata Group, and Apple's new boss Tim Cook are among the top 12 new business leaders to watch next year as they "navigate" through "intriguing" business scenarios, says WSJ.

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BSE fixes 3,100-point Sensex trigger for trading halt in Q1-2012

30 DEC 2011, 11:35 PM

BSE fixes 3,100-point Sensex trigger for trading halt in Q1-2012

The Bombay Stock Exchange (BSE) on Friday said trading would halt for the day if the benchmark Sensex moves up or down 20 percent, or 3,100 points, in a single day for the January-March quarter.

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Citibank ups NRE deposit rates, DCB offers 10 percent

30 DEC 2011, 10:31 PM

Citibank ups NRE deposit rates, DCB offers 10 percent

Citibank on Friday became the first foreign lender to hike interest rates on NRE deposits in the wake of RBI deregulating interest rate offered on deposits by non-resident Indians early this month.

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India's external debt rises to USD 326.6 billion

30 DEC 2011, 10:26 PM

 India's external debt rises to USD 326.6 billion

India's external debt climbed 6.6 percent to $326.6 billion by September-end from $306 billion at the beginning of the current financial year on account of a sharp increase in commercial borrowings, export credits and short-term debts, official data showed on Friday.

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DMRC not to participate in tender process for Kochi Metro

30 DEC 2011, 09:41 PM

DMRC not to participate in tender process for Kochi Metro

The Delhi Metro Rail Corporation on Friday said it will not participate in the global tender process for implementing the Rs 5,000 crore Kochi Metro Rail Project.

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Sensex down 89 points; ends 2011 on FIIs outflows, growth worries

30 DEC 2011, 05:03 PM

Sensex down 89 points; ends 2011 on FIIs outflows, growth worries

The BSE Sensex on Friday fell for the fourth day in a row, losing another 89 points on the last trading day of the year on FII outflows amid worries over slowdown in growth, persisting euro-zone debt crisis and lingering concerns about the US recovery.

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Leather exports grow 30 percent in September

30 DEC 2011, 04:15 PM

Leather exports grow 30 percent in September

India's leather exports grew 30 percent year-on-year to about USD 380 million in September, thanks to the growing demand from new markets in Latin America and the Middle-East.

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Air India to issue preferential shares to its lenders

30 DEC 2011, 03:36 PM

Air India to issue preferential shares to its lenders

The board of national carrier Air India approved the proposal of issuing preferential shares worth Rs 7,500 crore to the airlines’ lenders as a part of its financial restructuring plan (FRP).

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Vodafone profit plunges on euro zone crisis

British mobile phone giant Vodafone on Tuesday reported a 90-percent plunge in annual net profit after taking a vast Read More

Rajpal does whatever roles come his way

Actor Rajpal Yadav has not only impressed with his comic skills in films like "Hungama", and "Mujhse Shaadi Karogi", Read More

Truck runs over cop in east Delhi

A 40-year old Delhi Traffic Police constable was killed by a speeding truck on Tuesday, the police said. The errant t Read More