Bombay Informer

Intervention by Indian PM is dramatic illustration of impact of David Cameron’s remarks about neighbour

Government hopes to signal India’s growing strength with globally recognised currency symbol

Prices rocket because of an imperfect market. A solution? Empower consumers using technology to let competition flourish

Sale of Audi in India for the month of June has shot up by 14 percent. The luxury car-maker has now projected a sale of 2,700 cars for the year 2010.  Audi sold 240 cars in June last year whereas this year it has sold only 233 cars the same month. However, Audi has recorded [...]

The Bombay Stock Exchange benchmark Sensex shot up by 306 points to a two-month high today as investors responded positively to the government sorting out the dispute over regulation of ULIPs. The market was also bolstered to a great extent by surging global bourses after China announced steps to let its currency, the yuan, gain [...]

Emirates is offering ‘Save on Visa offer to Dubai’ to Indian passengers traveling to Dubai and beyond up to March 31, 2010. Passengers traveling on Emirates to Dubai – as a destination or a stopover – can avail a Dubai Visa with a discount of Rs 630 offered by the Dubai Visa Processing Center (DVPC). [...]

An 18-year-old student at the Indian Institute of Technology-Bombay committed suicide at his residence in Jodhpur early on Friday morning. He had returned home from Mumbai on Wednesday. The victim, Siddharth Singh Charan, a second-year student of engineering physics, shot himself with his father’s licensed .12-bore gun at his home in Jodhpur’s Mahamandir locality. The [...]

The Bombay Stock Exchange benchmark Sensex today soared by 208 points in early trade on continued buying by funds, driven mainly by the firming global trends after a better-than-expected US economic data. The 30-share BSE index, shot up by 208.47 points to 16,272.37 in the opening trade as all the sectoral indices were trading in [...]

State Bank of India, on Friday reduced deposit rates on various maturities by 25-50 basis points effective from November 9.With this, deposits with a maturity of 181 days to less than one year will now carry an interest rate of 5.25 per cent against 5.75 per cent earlier, a bank communique to the Bombay Stock [...]

MUMBAI, India, Oct. 6 /PRNewswire-FirstCall/ — Tata Consultancy Services (TCS), (BSE: TCS.BO) , a leading IT services, business solutions and outsourcing firm, today announced that N. Chandrasekaran has assumed the role as Chief Executive Officer …

Hoover, AL – Hoover Mayor Tony Petelos says it is unprecedented. In 40 years the city of Hoover has never had to tighten its belt like now. That belt tightening is the result of lower sales taxes being collected. The result no step raises for city …

Bombay Bicycle Club ‘s Jack Steadman has revealed that the band don’t like their name. “We hated that name,” he told the Yorkshire Evening Post , before adding, “not that we like our name at the moment.” He said that despite their views on the name …

Rivett-Carnac joined the Royal Navy in 1950, and was a midshipman in the cruiser Gambia in the Mediterranean before joining the Royal Yacht Britannia as a sub-lieutenant in 1952. He went on to be a popular divisional officer (the equivalent of …

Mumbai, Oct 6 : A Bullish global trend today saw Silver zooming by Rs 470 to Rs 26,895 per kg and Gold by Rs 120 to Rs 15,680 per ten gm, traders at the Bombay Bullion Association (BBA) said. The white metal surged by Rs 400 to Rs 26,825 in the …

As a part of its endeavour to create sector specific clusters, Karnataka had drafted several blueprints including the Doddaballapur Apparel Park in 2004. However, it is yet to realise full implementation of the project, though all the land acquired …

MUMBAI: Foreign institutional investors (FIIs) on Tuesday pulled out a net Rs 156.97 crore from the Indian stock markets. Overseas investors were the gross buyer of shares worth Rs 4,060.84 crore, whereas they sold stocks worth Rs 4,217.81 crore …