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Budget window-dressing makes market happy

BUSINESS NewsMobile Desk -
New Delhi: The Indian economy got a window-dressing in the Interim Budget presented to Parliament on Monday.   Finance Minister P Chidambaram said, "I can...

Rakuten acquires Viber for $900mn

BUSINESS NewsMobile Desk -
Washington: Japanese firm Rakuten is set to marry Israeli messaging service provider Viber. The coupling will allow Rakuten to add Viber Group's nearly 225...

IBM to downsize staff in India

BUSINESS NewsMobile Desk -
New Delhi: Fifty IBM employees in Bangalore have received pink slips on Tuesday. This is part of its global restructuring programme. The Tech giant...

Call rates to go up

BUSINESS NewsMobile Desk -
New Delhi: Mobile tariffs are set to rise with telecom operators aggressively bidding to win airwaves. Market leader Bharti Airtel and second biggest carrier...

Budget promises 73 new trains

BUSINESS NewsMobile Desk -
New Delhi: The country will get 73 new trains – 17 premium and 39 express. 10 passenger, four MEMU and three DEMU – as...
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