UBS unveils fresh $26.6 b credit crisis Swiss bank UBS has revealed $26.6 billion in exposure to risky US mortgages distinct from subprime loans, increasing its vulnerability to the global credit crisis and sending its shares sharply lower.
Blue Star acquires Naseer Electricals Blue Star Limited, on Thursday, announced in Bangalore that it has completed strategic acquisition of Naseer Electrical Private Limited- an electrical contracting firm, for a consideration of upto Rs 42 crore.
Bhave is new Sebi Chairman National Securities Depository Ltd Chairman C B Bhave will be the new chief of market regulator Securities and Exchange Board of India (Sebi) and will replace incumbent M Damodaran.
Inflation still a worry, says RBI India's inflation rate is still high by world standards and needs to be brought down further, Reserve Bank of India (RBI Deputy Governor Rakesh Mohan said here on Thursday after the measure accelerated unexpectedly to the highest in more than five months.
NIIT Software as Service offering The leading IT solutions provider to global customers, NIIT Technologies, on Thursday, unveiled a new offering - Software as a Service (SaaS) at the Nasscom Leadership Summit here.
Prime Minister Dr Manmohan Singh releases 'Business Standard India 2008' as Editor, Business Standard, TN Ninan applauds at a function in New Delhi on Thursday. PTI
Are the truck owners justified in opposing the installation of speed governors in their vehicles? Should Karnataka take the lead or is there need for an uniform policy before it is implemented?
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