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Techies rejoice, jobs are back. After the biggies, other tech companies are also starting to hire. Infosys, Wipro and TCS had reversed the trend during the December quarter when they added new employees in large numbers. Other players are now following.
India’s industrial production grew by 16.7 per cent in January raising hopes that the country is back on the road of sustained recovery. However, with high inflation, the possibility of interest rate hikes by the Reserve Bank has become more likely.
It is the Wall Street equivalent of a coroner’s report — a 2,200-page document that lays out, in new and startling detail, how Lehman Brothers used accounting sleight of hand to conceal the bad investments that led to its undoing.
Russia has offered Oil and Natural Gas Corp (ONGC) stake in gas fields in the Arctic Peninsula of Yamal, but the Indian state-owned firm is more interested in Sakhalin-3 and Vankor oil fields in East Siberia.
Mumbai, Equity Linked Savings Scheme or ELSS as it is more popularly known, is a hit with the investors , with the intention to save tax, especially during the period January - March.
Toyota Motor Corp was hit by a planned lawsuit by California prosecutors on Friday over vehicle defects and by renewed political pressure to cooperate with investigators on cases of runaway cars.

Prince Andrew, Duke of York (centre) with RPG Enterprises vice-chairman Sanjiv Goenka (left) along with CII eastern region chairman Mukul Somany during a seminar on UK-India Business Partnership: Low Carbon Economy in Kolkata on Friday.
The mobile number portability, which enables subscribers to retain their numbers while changing operators, is likely to be delayed by at least another three months till July as a system is not yet in place to roll out the service.
LIC and its policy holders, a parliamentary standing committee has said that there is no need to remove sovereign guarantee given to the policies of the company.
Rahul Mahajan’s reality show wedding truly was a perfect example of the great Indian tamasha. But, to be fair to Mahajan, he had promised that he would marry the girl he chooses in his swayamvar and kept his word.

Rahul Mahajan and Dimpy Ganguly talk about their experiences on Swayamvar 2, where they became the first couple to get married on TV

The actor will be seen in a horror film Rokk which is based on real life incidents.
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