Business

The country's third largest software exporter Wipro on Wednesday reported a growth of 13.77 per cent in consolidated net profit for the quarter ended March 31, 2011, to Rs 1,375.4 crore.  Last year, the company had posted a net profit ...

Spot gold rose as high as $1,513.70 (£917.60) an ounce during early trading in Asia, before retreating. Investors have been buying the precious metal as a safe haven investment to guard against inflation and recent geopolitical turmoil. Dealers say gold ...

In its 73-year history, the Beetle has evolved from the hippie ride of choice to a cute chick car. Now Volkswagen is reinventing it again. The company introduced an edgy design Monday for its signature model, giving it a ...

RIL Chairman Mukesh Ambani has topped Forbes magazine's list of the 100 richest Indians for the third year in-a-row, pipping billionaires like L N Mittal and Azim Premji with a net worth of USD 27 billion. As per the Forbes ...

Tata Sons on Wednesday said it has set up a panel to search for a successor to Group Chairman Ratan Tata, who is due to retire in December 2012. The move comes within days of elevation of Noel Tata, Ratan ...

Like an impatient audience at intermission, Google's investors are waiting for its second act. Google continues to dominate in its core business, search advertising, which accounts for more than 90 percent of its revenue. But as Google grows and search ...

State-owned oil firms may opt to revise petrol prices every fortnight to reflect changes in the global oil market in the free pricing regime that kicks in from next week. Petrol prices were freed from government control last month resulting ...

Billionaire Mukesh Ambani on Friday said his firm Reliance Industries will supply natural gas to Anil Ambani Group's power plants as and when they are ready to receive the gas. Addressing company shareholders, Ambani mentioned the Supreme Court judgment upholding ...