Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
LATEST HEADLINES

Software-maker Adobe Systems Inc has reported a 69 per cent jump in profit to $230 million in the quarter ended September 3 on strong sales.

 
 
Delhi-based Bhushan Steel has launched a takeover bid for exploration minnow Bowen Energy, worth AUS $8.16 million, a media report has said.
Elder Pharma in an earlier filing to BSE had said its QIP issue was to open with the floor price at Rs 414 per share, setting the price band between Rs 415 and Rs 419.
According to a report by JD Power, Nano will replace Hyundai's i10, which is slated to take the second position in 2010 after Maruti Suzuki's Alto.
At the Multi Commodity Exchange counter, the gold for delivery in October-month contract gained Rs 140 to Rs 19,158 per ten gram, with an open interest of 3,423 lots.
The commerce and industry minister called for American corporate leaders and institutions to sensitise the Congress and other decision-makers in this regard.
The Indian currency had gained 3 paise to close at a four-month high of 45.67 against the US currency on Tuesday.
The company will be eligible to enter the US market with its generic version of Eisai Co's Aricept, the patent for which will expire in November this year.
Under the agreement, Punjab & Sind Bank - having a customer base of about 65 lakh - would collect biometric and demographic details of its account holders.
 
 
Last week, a panel arrived at a consensus on the Bill, which also makes it mandatory for firms to share 26 per cent of their profits with project-affected people.
The France-based global IT service provider manages more than 70 clients and has 5,000 people employed globally for its business information management line.
The Minister for Road, Transport and Highways said the common toll technology will be implemented by the middle of next year and be made mandatory for car owners.
The Indian drug-maker's subsidiaries have now increased their economic interest in Taro to 48.7 per cent and their voting rights to 65.8 per cent.
The Confederation of Indian Industries and Chicago Council of Global Affairs held their second Annual US-India Business Opportunities Summit in Chicago on Monday.
The technology ginats had been wrangling over Mark Hurd, a high profile Wall Street executive, who joined Oracle earlier this month after exiting rival HP.
The 30-share Bombay Stock Exchange barometer lost 59.83 points to close at 19,941.72 points. It touched the day's high of 20,105.54 and a low of 19,804.02.
The UK-based company is seeking its shareholders' nod for the sale of an up to 51 per cent stake in Cairn India to Vedanta Resources.
The hike in the rate, the first after RBI's revision of key rates, is applicable to deposits having maturity of over a year and is with immediate effect.