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Interest rates are unlikely to fall in near future as it was expected with the State Bank of India raising the fixed deposit rate of various maturities up to 1.5 percentage points. Other banks are also planning to raise deposit rates. After SBI increasing deposit rates, other banks have no...

It's official. Well almost. Ford Motor Company on Thursday stopped short of handing over the keys of iconic British car brands Jaguar and Land Rover to Tata Motors. The two players confirmed that they will now proceed towards advanced negotiations, effectively indicating that the other two...

The new DoT secretary, Siddhartha Behura has a difficult job ahead of him. The first task that confronts him is putting his signature on 22 files for issuance of LoI's under the first-come-first-served policy of spectrum allocation for new entrants who applied for UAS licences (2G spectrum)...

Inflation rose to 3.50 per cent for the week ended December 22, compared to 3.45 per cent in the previous week, mainly due to increase in prices of some manufactured and fuel items. The wholesale price-based inflation stood at 5.78 per cent in the corresponding week a year ago. Among...

While the market is increasingly flooded with self-diagnostic medical equipments such as blood pressure monitors, alongside digital variants of the humble thermometer, can a common man be assured that their readings are foolproof? A Bangalore resident has been facing problems with his portable...

Citing disagreements with the organisation, Intel Corp said it has abandoned the One Laptop Per Child programme, dealing a big blow to the ambitious project seeking to bring millions of low-cost laptops to children in developing countries. The fallout ends a long-simmering spat that began even...

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The lure for the Indian commercial vehicle market seems to be growing by the day. Days after Volvo made a full-fledged into the segment by announcing roadmap for a joint venture with domestic player Eicher, Daimler - the world’s biggest CV maker - on Friday announced a JV with the Hero group of...

It's becoming a dirty three-letter word. For, management education in India is being mismanaged. Even as courses in business management mushroom across the country in general universities as well as specialised schools, the quality of education, reflected in the knowledge-base and skill-set of...

Once considered the hot stock of the Dalal Street, technology stocks now seem to be losing their charm. In the last 12 months, while the BSE Sensex zoomed 39.8%, all top IT stocks be it Infosys, TCS, Wipro or Patni declined by double-digit percentages. Call it the rising rupee, impending taxes...

Mukesh Ambani-led Reliance is moving into the fashion high street. The recently floated Reliance Brands Pvt Ltd, a subsidiary of Reliance Retail, is inking a joint venture with Italian fashion powerhouse Sixty Group to bring brands like Miss Sixty, Energie, Killah and Murphy&Nye. The Renato...

India Inc holds far more within its folds than what meets the eye. In the knowledge-driven global marketplace, where intangible assets such as intellectual property, brand, customer relationship and talent hold much more value than tangible 'visible' assets such as capital, land, building...

A mid talks of a possible change of guard in the state, Chief Minister Vilasrao Deshmukh has put Latur, his constituency and home district, on the map of fast-track development and to make sure he pulls it off, he even plans to rope in Tata Consultancy Services (TCS). While Mumbai is guzzling...

The Crime Branch on Thursday arrested Akhtar Ali Abdul Gafoor Shaikh alias Pappa, 28, with counterfeit currency notes of more than Rs 19 lakh, which had been sent from Dubai. Joint commissioner of police (crime) Rakesh Maria said, “During investigations, we found that Aftab Batki and Haji Tala...

Security officials of the Konkan Railways (KR) are tying up the loose ends on what could be Indian Railways’ biggest anti-tout operation. Spread over Maharashtra, Goa and Karnataka, it includes physically verifying passenger data on reservation forms, questioning passengers on running trains and...

A 33-year-old man, who was serving a life sentence for murdering his lover, died under suspicious circumstances at the Cherlapalli Central Jail here, early on Friday morning. Jail authorities are probing allegations that the prisoner died due to physical torture by jail staff. Bhaskar is a...

A pregnant teenaged girl was allegdly set afire by her lover and three of his accomplices, police said. The eighteen-year-old girl was set ablaze by the youth on August 10, after she started pressurising him to marry her, they said, adding the accused poured kerosene on her with the help of...

Ministers in the state government are "massively corrupt", the performance of legislators "largely unsatisfactory," the culture of giving gifts for securing transfers not only firmly established but "huge and on the rise", Special Economic Zones "unjust", and social activist Anna Hazare's...