Global worries fell rupee: RBI With rupee falling to a one year low in past three days, Reserve Bank India Governor Y V Reddy, on Thursday, said the situation is reflective of the "global uncertainties".
RBI revises norms for core sector projects The Reserve Bank of India (RBI), on Thursday, announced that it has revised the Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to advances for infrastructure projects.
Tata Steel mops up Rs 2,000 cr thru bonds Tata Steel, on Thursday, announced that it has raised Rs 2,000 crore through private placement of rupee debentures as part of its long term financing plan.
M&A / News Corp denies deal talks
Once will do, says Microsoft on Yahoo Microsoft has no plans to make another approach for Yahoo Inc after it pulled its $47.5 billion bid earlier this month, Microsofts Chief Research and Strategy Officer Craig Mundie said on Thursday.
More steps to ease inflation, avers Govt A day after banning futures trade in four farm commodities and persuading steel producers to slash prices, the Centre, on Thursday, said more measures were in the offing to curb inflation, which should ease in 8 weeks.
Union Miniser of State for External Affairs Anand Sharma addressing a FICCI gathering on foreign policy implication on Indian business in Mumbai on Thursday. PTI
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