INTERNATIONAL Malaysia lifts final capital controls over FI
Kuala Lumpur: Malaysia on Wednesday lifted the last remaining capital controls over foreign investment (FI) in its stock market.
NATIONAL After Balco experience, Sterile may drop HZL deal
New Delhi: With a bitter Balco experience, Sterlite Industries may pull out of the race for acquiring the Hindustan Zinc Ltd (HZL) unless the Centre takes the workers and the state governments into confidence before disinvesting the public sector firms, company Chairman Anil Agarwal has said.
BSE sensex closes slightly higher, up 0.5 per cent
Bombay: Share prices on the Bombay Stock Exchange (BSE) closed marginally higher on Wednesday, after strong early gains were trimmed by profit taking in technology stocks.
Age, Zee join forces, pool resources
New Delhi: Zee Telefilms limited has picked up stakes in the 'Asian Age' newspaper in a deal that will include pooling of resources to provide improved content.
Balco's fate to be decided on May 4
New Delhi: A top union leader at India's newly-privatised state firm Bharat Aluminium Co Ltd (Balco) on Wednesday said that a decision on whether to end the two-month-old strike would be taken at a meeting on May 4.
Infosys non-committal on profit despite good show
Hong Kong: Indian software and consultancy firm Infosys Technologies Ltd said on Wednesday that it was too early to lift its earnings forecast for the current fiscal year despite better-than-expected US first quarter growth data.