Business

The office bearer claimed that the AI management did not consult the unions before finalising the decision.

Tech Mahindra hired 4,413 employees in the first nine months of 2011/12, while Satyam added 3,014 new staff in the same period.

The Sensex shuts shop at 17243.84 up 21.70 points or 0.13 per cent and the Nifty closed at 5243.60 up 9.20 points or 0.18 per cent.

Pranab said the banks will have to raise additional capital to meet requirements for Basel III global banking rules.

The jewellers' strike has been called off till Parliament takes a final decision on the excise duty hike.

The World Bank board would meet in April to select the new president to replace Robert Zoellick, who has been holding the post since July 2007.

Vodafone, which on Saturday deposited Rs 10 crore, will have to deposit another Rs 5 crore.

The employees, who've threatened to go on strike, have not been paid their dues for the past five months.

Law Minister Salman Khurshid said the government will have to refund Rs 2,500 crore plus the interest to the firm.

RIL had slipped below Infosys on many occasions for brief periods during December 2011, but has remained on the top since the beginning of this year.

Economists at global rating agencies and fund houses have described the 5.1-per cent fiscal deficit target as an uphill task.

With market borrowing going up, the fiscal deficit for the next fiscal has been pegged at 5.1 per cent, against 5.9 per cent for 2011-12.

In a very candid interview, Mukherjee spoke about the latest political development that happened too close to the big event.

Finance Minster Pranab Mukherjee has proposed a deduction of up to Rs 5,000 for preventive health check-up within the existing deduction limit for health insurance.

According to estimates, STT accounts for 51 per cent of the transaction cost in stock markets.

This hike in excise duty means auto companies now have to pay excise tax of 24 per cent.