Business

TNI Bureau: While the entire nation was busy debating the sensitive issue of multi-crore Italian chopper kickback scam, the oil companies hiked the petrol prices by Rs 1.50 per litre and diesel prices by 45 paise per litre. The hike will…

TNI Bureau: In a big development, which will change the business landscape of the company, the Securities Exchange Board of India (SEBI) has cracked the whip and sealed over 100 bank accounts of Sahara Group for failing to return the money…

TNI Bureau: The Central Statistical Organisation (CSO) has portrayed a gloomy picture of Indian Economy, by predicting a lower growth rate this fiscal. The projected growth rate was reduced from 5.5% to 5%. This is the lowest growth…

TNI Bureau: The Bharat Heavy Electricals Ltd (BHEL) has been granted Maharatna status by the government. Established in 1964, BHEL is a state-owned integrated power plant equipment manufacturer of the country and operates as engineering and…

TNI Bureau: India's Network 18 group along with its US joint venture Viacom Inc will increase distribution venture business in India and offer TV channels in India in partnership with Walt Disney Co. While IndiaCast will own its 74%…

TNI Bureau: In a huge relief to the millions of home buyers in India, the Reserve Bank of India (RBI) has reduced the repo rate and CRR (Cash Reserve Ratio) by 25 basis points each. As a result, the home loans will become cheaper and the…

TNI Bureau: Bharti Airtel, Vodafone and Idea, the leading telecom companies of the country, announced to hike voice call tariffs in a phased manner across all circles. However, Airtel made it clear that the prices will not be hiked for now…

TNI Bureau: Just a day after the 'Chintan Shivir' of the Congress Party, the government has given another jolt to the common people by hiking the import duty on gold and platinum. The import duty was raised from 4% to 6%. Since the…

TNI Bureau: After the "flop show" in November, the government learned from its mistakes and slashed the base price for CDMA spectrum auction by 50 per cent. It was approved by the Union Cabinet today. The 50 percent cut in base price…

TNI Bureau: The sensex breached the 20,000-mark for the first time in the opening trade after two years, which was better than the expected. The BSE touched 20,007.09 by gaining over 100 points in early hours. However, it immediately…