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BT Online Bureau
Chennai, May 15, 2012
Ashok Leyland has posted a 10 per cent reduction in net profit for 2011-12, hit by higher finance cost, increased depreciation and a muted market in its southern strongholds.


BT Online Bureau
Mumbai, May 15, 2012
The 30-share BSE Sensex, which had lost nearly 700 points in last five sessions, gained 112.41 points, or 0.69 per cent to 16,328.25 after touching the day's high of 16,370.12.


BT Online Bureau
New Delhi, May 14, 2012
Powered by Bajaj's patented \"DTS-iTwin Spark\" technology, the Discover 125 Sports Tourer will hit the market in second half of June. It's price has not yet been disclosed.


BT Online Bureau
Washington/San Francisco, May 14, 2012
Yahoo's next challenge will be convincing its restless shareholders and demoralised employees that the turnaround work started during Scott Thompson as CEO won't be wasted.


BT Online Bureau
Mumbai, May 14, 2012
Shares of Essar Oil closed down 3.85 per cent at Rs 49.90 on the Bombay Stock Exchange (BSE). During the day, the stock had tumbled by 5.39 per cent to Rs 49.10.


BT Online Bureau
New Delhi, May 14, 2012
The airline management has sacked 71 pilots and also sought cancellation of the flying licenses of 11 office- bearers of IPG, which is spearheading the agitation.


E. Kumar Sharma
Hyderabad, May 12, 2012
Six e-commerce companies have made a total of 28 job offers as against the six job proposals from two firms last year.


BT Online Bureau
May 11, 2012
A section of pilots of cash-strapped Kingfisher Airlines had gone on strike from Thursday demanding payment of their salaries.


BT Online Bureau
New Delhi, May 11, 2012
The Index of Industrial Production (IIP) declined by 3.5 per cent in March 2012, as against a growth of 9.4 per cent in the same month last year.


BT Online Bureau
New Delhi, May 11, 2012
Union Civil Aviation Minister Ajit Singh appealed to striking pilots of Air India to call off their stir as passengers are suffering inconvenience.


BT Online Bureau
Mumbai, May 11, 2012
A disappointing 3.5 per cent decline in factory output in March saw BSE benchmark Sensex shedding 127 points - its fall for the fourth consecutive day - to register the biggest weekly loss of 3.2 per cent in 2012.


BT Online Bureau
May 10, 2012
Its earnings fell to $11 million in the March quarter compared with $1.069 billion for the same period a year ago.


BT Online Bureau
Mumbai, May 10, 2012
Kingfisher pilots are protesting \"backtracking\" by the management on its \"assurance\" of remitting their January salaries from May 9, as promised by chairman Vijay Mallya earlier. COVERAGE: Kingfisher crisis


BT Online Bureau
New Delhi, May 10, 2012
The Delhi High Court on Wednesday had declared the strike as illegal, but the pilots remained defiant and said the agitation would continue till their demands were met.


BT Online Bureau
Mumbai, May 10, 2012
The Sensex, which shed 433 points in the last two sessions, fell further by 59.53 points, or 0.36 per cent to 16,420.05. It had touched a high of 16,671.81 during the day.


BT Online Bureau
New Delhi, May 10, 2012
Reliance Industries Chairman Mukesh Ambani has decided to forgo about Rs 24 crore from his annual pay in 2011-12, keeping his salary capped at Rs 15 crore for the fourth year in a row.


BT Online Bureau
New Delhi, May 9, 2012
State-owned Air India had sacked 10 pilots on Tuesday too, along with derecognising their union - Indian Pilots Guild. The Delhi HC, in a bid to normalise operations, has put a restraining order on the strike.


BT Online Bureau
New Delhi, May 9, 2012
The government has initiated legal action against the Vijay Mallya-owned Kingfisher Airlines \"towards dishonour of the cheques submitted\" by it.


BT Online Bureau
Mumbai, May 9, 2012
TBZ's shares listed at Rs 115, down 4.16 per cent against the issue price on the Bombay Stock Exchange. The scrip saw some more selling pressure and ended the day at Rs 111.20.


BT Online Bureau
Washington, May 9, 2012
Indra Nooyi, who leads the 41st biggest company in America, is ranked fourth among top women executives by the leading US business magazine.


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