The government increases dearness allowance by 6 per cent to 51 per cent, benefiting over 50 lakh central government employees and 38 lakh pensioners.
A higher opening in the stock market and dollar weakness against other currencies strengthen the Indian rupee strengthened by 3 paise to Rs 44.98 per dollar.
The National Payments Corporation finalises the proposed unique India Card which once commercially launched would be an domestic alternative to the global real-time payment processing firms like Visa and MasterCard.
The top two flat panel television (FPTV) makers - Sony and Samsung - are trying for the top slot in the market share sweepstakes, riding on the current cricket fever set off by the World Cup.
Telecom minister Kapil Sibal says divestment of VSNL in 2002 did not appear to be fair and transparent.
Union Finance minister Pranab Mukherjee on Tuesday rolled back his proposal to impose 5 per cent service tax on high-end healthcare services.
Tata Metaliks and Tata Sponge Iron on Monday surged by up to 17 per cent on the Bombay Stock Exchange on heavy buying even as the broader market remained weak.
Indian IT giants like TCS, Infosys and Wipro have decided to call back their employees from Bahrain, following the political unrest in the country.
The Centre is likely to increase dearness allowance (DA) by 6 per cent to 51 per cent, benefiting over 50 lakh employees and 38 lakh pensioners.
As per the terms of appointment of TK Kurien, salary is in the range of minimum of Rs 3 crore to a maximum of Rs 10 crore a year, Wipro said in a filing to the Bombay Stock Exchange.