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BUSINESS
TCS makes marginal net profit in challenging market
Declares a quarterly dividend of Rs. 3 per share for the 18th consecutive year

Satyam episode: SEBI enquiries will focus on three areas


RIL to start exporting fuel this month
NEW DELHI: After commissioning its new refinery worth $6 billion at its special economic zone (SEZ) at Jamnagar in Gujarat last month, Reliance Industries Ltd. (RIL) is all set to begin fuel exports from this month. “All our ...

‘Satyam can mortgage assets’
Instead of looking for a bailout package for funds: Parekh

Plan to deregulate retail fuel prices
NEW DELHI: With international crude prices remaining low, the government might consider deregulating the retail fuel prices to boost competition between the public and private sector oil companies. “There is also a proposal to ...

Hyundai launches new Sonata variants
NEW DELHI: Hyundai Motor India Ltd. (HMIL) on Thursday launched the upgraded version of its luxury sedan Sonata, Sonata Transform, offering more power, new interiors and additional safety features. The company is also considering a price hike ...

Apollo, MRF cut tyre prices
NEW DELHI: In line with the reduction in input costs, Gurgaon-based Apollo Tyres on Thursday announced a 3-5 per cent cut in various categories of tyres. “This move (price cut) has been made in keeping with a softening of key raw ...

Sensex tumbles 324 points
IT stocks decline on Nortel’s bankruptcy petition

Nortel Networks files for bankruptcy
TORONTO: Nortel Networks Corp, North America’s biggest telephone equipment maker, filed for bankruptcy, hoping to save a once highflying business whose decade-long decline has accelerated with the global economic crisis. The filing marks ...

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