Business

Global energy giants BP, Exxon Mobil, Shell are thrashing out their plans with Indian companies to pump dollars into 5 states.

Buying was seen in metal, consumer durables, banking, oil, auto, capital goods, technology, pharma and FMCG stocks at the Sensex closing.

Centre's decision to slash EPF rate from 9.5 per cent to 8.5 per cent, created a furore in the Parliament on Thursday.

Airlines waste about Rs 300 crore annually because they have to hover for 15 to 30 minutes over major airports.

A Shanghai court ordered the owners of the brand 'Hanlissy' to cease production, cough up $37,000 in fines and publish a public apology.

In a bid to recover from its financial crunch, Ford Motor Co. is to cut 4,000 jobs in North American unit in the first quarter of 2006.

Consumers are switching loyalties to hop on to low cost airlines giving the legacy carriers a run for their money.

France's Essec Business School and IIM Ahmedabad have entered into a student exchange programme form the year 2008.

The US Treasury Secretary urged for larger inflow of long term foreign capital in banking, insurance and pension funds.

The BSE benchmark 30-share index continued its upward march on heavy FII inflows.

Preferential trade pact means both can trade at low or zero tariffs and also give India a chance to enter into African markets.