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Sensex up marginally; Asian cues mixed

07 Sep 10 09:50 AM

MUMBAI: Indian markets opened marginally higher Tuesday, on mixed cues from other Asian stock indices. Investors also seemed to be taking a breather, after the sharp rise in the earlier session.

At 9:03 am, the Sensex opened the session at 18,571.73 against Monday’s close of 18,560.05. The Bombay..

Indian IT funding cash-strapped client projects

06 Sep 10 10:24 AM

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BANGALORE: Indian software companies such as Infosys Technologies and Wipro are entering the unfamiliar area of vendor financing, at the urging of cash-strapped US customers, by using reserves accumulated over years to invest in so-called software platforms that run activities like payroll processin..

M&M non-committal on retaining SsangYong staff

06 Sep 10 10:20 AM

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NEW DELHI: Mahindra & Mahindra (M&M) has not made any commitment on retaining jobs or volume growth in its deal with SsangYong Motor to buy a majority stake in the ailing South Korean automaker.

The memorandum of understanding (MoU) between the two companies, signed on August 23, only offers to “..

Mahindra may not retain Ssangyong staff

04 Sep 10 10:21 AM

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NEW DELHI: Mahindra & Mahindra has not made any commitment on retaining jobs or volume growth in its deal with Ssangyong Motor Company to buy a majority stake in the ailing South Korean automaker.

The memorandum of understanding between the two companies, signed on August 23, only offers to “hono..

Tata Steel seen in talks with banks for $5.4 bn loans

04 Sep 10 10:11 AM

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MUMBAI: Tata Steel, India’s largest producer of the alloy, is in talks with banks for £3.5 billion ($5.4 billion) in loans for its UK unit, said four persons with direct knowledge of the matter. BNP Paribas SA, Credit Agricole CIB, HSBC Holdings and Royal Bank of Scotland Group are among the 11 bank..

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Sensex up marginally; Asian cues mixed

Indian IT funding cash-strapped client projects

M&M non-committal on retaining SsangYong staff

Mahindra may not retain Ssangyong staff

Tata Steel seen in talks with banks for $5.4 bn loans