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Did Rajat Gupta spill the beans about Project Moon?

from IANS

Did Rajat Gupta spill the beans about Project Moon?

Prosecution has alleged that Indian-American Gupta told convicted hedge fund billionaire Raj Rajaratnam about Procter & Gamble selling its Folgers Coffee brand to Ohio-based The JM Smucker's Co., before the deal went public in June 2008.


Italian automaker Fiat halts sales to Iran

from PTI

Italian automaker Fiat halts sales to Iran

The Italian automaker Fiat, which controls Chrysler, says it is halting sales to Iran.

Discounts galore on petrol cars post fuel price hike

from PTI

Discounts galore on petrol cars post fuel price hike

Maruti Suzuki, Tata Motors and Hyundai Motorannounced discounts of up to Rs 50,000 on petrol models for a limited period.

Rollback in petrol prices will hit OMCs: Crisil

from PTI

Rollback in petrol prices will hit OMCs: Crisil

Amid the growing clamour for a rollback in petrol prices, rating agency Crisil said oil retailers will lose up to Rs 1,700 crore annually for every Re 1 reduction in petrol prices.

India adds 6.5 million GSM subscribers

from IANS

India adds 6.5 million GSM subscribers

India's GSM subscriber base grew by 0.98 percent in April, adding 6.50 million mobile phone users, with Bharti Airtel alone.

Hewlett-Packard to slash 27,000 jobs by 2014

from PTI

Hewlett-Packard to slash 27,000 jobs by 2014

Hewlett-Packard has said it plans to cut 27,000 jobs, or eight percent of its global workforce by 2014

AI braces for long tussle with pilots

from IANS

AI braces for long tussle with pilots

Air India has announced a truncated interim schedule for June.

Qantas to cut 500 jobs

from IANS

Qantas to cut 500 jobs

Australia's largest airline Qantas Airways announced Monday that it would cut 500 jobs following a review of its heavy aircraft maintenance and