Business

The agency said that global and domestic factors could keep India's growth below trend for the next few quarters.

Wells Fargo currently employs 3,000 people in the country at its Hyderabad and Bangalore offices.

Vodafone 3G plans now start from Rs 25 for 25 MB data usage and go up to Rs 1,599 for 12 GB data usage.

The Finance Minister, however, said that he did not dismiss the economic concerns put forth by credit rating agencies.

However, interest rate on home and retail loans will remain unchanged.

The BSE benchmark recouped all of Thursday's losses that rose 272 points or 1.63 per cent higher, to close at 16,949.83.

Inflation after a flat industrial output for April will be key factors for the Reserve Bank of India while taking decision on monetary easing.

There was little enthusiasm for India at a major airlines summit in Beijing this week.

The rupee recovered from a weak open to gain to above 56 to the dollar on Friday.

The Cabinet on Thursday approved the National Telecom Policy (NTP) 2012, which proposes several changes.

The new policy provides for abolition of roaming charges and allows users retain the same number across the country.

The consolidated net profit of the public sector behemoth for the year ended March 31, 2012, was Rs 14,788 crore.

The airline has sacked 101 pilots and is mulling hiring new pilots to restore normalcy its flight schedules.

Recovery in rupee and strength in European markets helped markets recoup losses in second half of trade.

If this policy is approved, it will pave the way for mobile number portability and abolishing of roaming charges.

The rupee fell beyond the symbolically significant level of 56 to the dollar, and traders said it could fall further to 57.