US move on farm cuts bogus, says India Ahead of the release of fresh WTO proposals, India has conveyed to the agricultural negotiating group in Geneva that chances of a Doha deal will become bleak if the US has its way on scaling down protection to farmers in developing countries.
Hurd may find it tough to see EDS pay off Hewlett-Packard Co investors say Chief Executive Officer Mark Hurd may struggle to squeeze enough savings out of Electronic Data Systems Corp to make his $13.2 billion takeover of computer-services supplier pay off.
Secondary players cut steel prices to Rs 4,000 Acceding to the appeal made by Prime Minister Manmohan Singh, secondary steel manufacturers, on Wednesday, that they would reduce prices on all flat products by up to Rs 4000 per tonne.
Sony posts $45 m Q4 loss Sony Corp posted a surprise quarterly loss on Wednesday after a weak stock market ate into the value of securities held by its financial arm, but forecast a bigger-than-expected profit this year.
JPMorgan to cut 4,000 jobs JPMorgan Chase & Co, third-largest US bank, may eliminate 4,000 of its own staff as it brings on employees from the purchase of Bear Stearns Cos, a person familiar with the matter said.
Deputy Chairman, Planning Commission, Montek Singh Ahluwalia launches the book 'Billions of Entrepreneurs: How China and India are Reshaping their Future and Yours' by Professor, Harvard Business School, Tarun Khanna (R) at a function in New Delhi on Wednesday. PTI
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