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A day after Chinese telecom firm Huawei confirmed that it had received a notice from the "labour ministry" saying it had employed a large number of Chinese workers in India without proper work permits, the ministry itself denied sending one. - [Read more]

State-run oil firms have proposed a Rs 57 a litre price for diesel they sell to industrial users as against Rs 34.80 a litre currently. - [Read more]

World diesel (and crude) prices have seen a sharp fall of late, but that has been of little comfort to oil marketers, which are struggling to cope with an unprecedented surge in demand. - [Read more]

Gujarat-based Dishman Pharmaceuticals and Chemicals Ltd announced Wednesday a deal with Dutch company Solvay Pharmaceuticals to acquire its fine chemicals, vitamin D and vitamin D analogues businesses. - [Read more]

British soldiers are to get spies in the form of Disney Robots WALL.E., as they battle terrorists in Iraq and Afghanistan. - [Read more]

The world of stocks is no different from that of cricket — every second person you meet will have an “expert” opinion on it! While cricket fans would enjoy such an information extravaganza, investors may just end up confused, especially if they have just begun investing. - [Read more]

Krishna Kumar Birla, popularly known as K K Babu, was a builder of modern institutions, ranging from industry to education, one of the famous symbols of which is the Birla Institute of Technology and Science in Pilani, Rajasthan, his birthplace. - [Read more]

The civil aviation ministry on Monday came out with draft guidelines for user development fee (UDF) which airport operators may charge from passengers. - [Read more]

Indian media company Reliance ADA Groups expected deal to finance a new incarnation of the DreamWorks film studio signals broader changes for Bollywood moviemakers looking to reach Western audiences, experts said. - [Read more]

Weve all heard the adage "Buy low and sell high." If it were only that easy. Both mathematics and common sense tell us that investors should buy stocks when prices are low. But stock prices often fall en masse, and it can be tough to buy when everyone else is running for the hills. - [Read more]

DuPont India has announced the introduction of its new market facing business initiative DuPont Photovoltaic Solutions (DPVS) in India. - [Read more]

Dust tea prices improved at the Kochi Tea auction where bolder CTC varieties continued to witness good demand from inter-State buyers, while domestic players and major blenders lent good support to liquoring teas. - [Read more]

From relative obscurity not so long ago, India found itself taking the global centre stage with its enterprises essaying epic deals that redeemed a nations honour but it could not build consensus at home on moving ahead with economic reforms. - [Read more]

Eicher Motors shares were up on a report that it is in talks with Frances Renault for an alliance in the commercial vehicles space. - [Read more]

Real estate major Emaar MGF Land Ltd, which shelved its Rs 7,000-crore public issue plans in February due to lukewarm response from the markets, will revisit the proposal in 18-24 months. - [Read more]

Come Oct 30 and tourists across the world will have another reason to visit this desert oasis city as one of the worlds largest malls will open its doors to the public. - [Read more]

The Emami Group has acquired 27.5 % stake in ayurvedic products major Zandu Pharmaceutical Works Ltd. - [Read more]

The fight between oil companies and ethanol manufacturers over the price of ethanol is set to intensify in the coming days as producers are demanding double the current prices for the by-product and aren’t budging from their stand. - [Read more]

Fiscal sops have been given for equipment supplies to ultra mega power projects (UMPPs). The Finance Ministry has granted excise duty exemption to goods procured for setting up UMPPs with installed capacity of 3,960 MW or above. - [Read more]

Automotive and industrial battery maker Exide Industries Ltd said on Wednesday it had bought lead smelter Tandon Metals Pvt Ltd. - [Read more]