Business

The floor price, which was set on Tuesday, was over 2 per cent higher than the closing level of the previous day.

Kingfisher stands on the brink of collapse after multiple flight cancellations and the resignation of dozens of its pilots.

According to sources, Kingfisher Airlines is also likely to make partial payments of Income Tax dues.

The RBI governor too affirmed that "fiscal slippage" was acting as a threat to RBI's efforts to bring down inflation near its comfort zone.

The hopes of rate cut also picked up steam after inflation moderated to two-year low of 6.55 per cent.

The consolidated revenue during the third quarter has also increased by 43.95 per cent to Rs 45,260 crore.

Adi Godrej, president designated of the Confederation of Indian Industry; Rajiv Memani, chairman of CIIs Task Force on GST implementation discuss India Inc's expectations from Budget 2012.

The RPF Amendment Bill 2011, will give powers to register cases of crime and enforce law on railway premises and moving trains.

Sources said that the government is considering raising the tax deduction limit for a housing loan in the coming Budget.

Etisalat owns about 45 per cent stake in Etisalat DB, a joint venture between Indian player DB Realty and Etisalat of UAE.

FTA is an arrangement in which goods and services are traded without restrictions between the countries involved.

There has been a sharp slowdown in manufacturing, agriculture and mining sectors leading to a fall in the growth.

It reported total income of Rs 49.88 crore against the total expenditure of Rs 85.14 crore in 2010-11.

Infosys will investment of Rs 600 crore on 130 acres of land on the Indore-Ujjain Super Corridor.

The oil marketing firms had earlier threatened to halt fuel supplies to Air India which is reeling under a debt pile of $4 billion.

AAI said grounding flights (of Kingfisher) will impact revenues and reduce connectivity further.