Business

Workers at the plant aren't happy with the announcement and have vowed to fight on saying they have been betrayed.

The SAT had dismissed Sahara's appeal against market regulator SEBI in a case involving refund of about Rs 24,000 cr to about 3 cr investors.

The investment bank said that reform initiatives and changes in leadership have created a sense of optimism among domestic investors.

The agency cited the country's large, diverse economy and strong GDP growth as supportive of the rating.

Cadbury engineers have set out the method for making breakthrough 'temperature-tolerant chocolate'.

The company is proposing to make changes at a number of steel finishing and processing sites in the UK, Tata Steel said in a statement.

The 30-share BSE Sensex gained more than 100 points in early trade today on hopes of US fiscal deal.

Weak trends in global markets on Eurozone debt worries and the rupee trading above 55-levels against the dollar hit the sentiment.

The losses still reflect the fiercely competitive aviation industry, which lost a combined $2 billion last year.

The drink, which will first be sold in Japan, comes in a "luxury" gold and black bottle with the Pepsi logo emblazoned on the side.

Jet Airways in its statement said that as Naresh Goyal is an NRI since 1991, he is entitled to have bank accounts outside India.

Besides, a weak opening in the domestic stock market also put pressure on the rupee.

Top gainers on the Sensex were Bajaj Auto at Rs 1,890, up 2.44 per cent , L&T at Rs 1,670, up 2.38 per cent.

The BSE capital goods, FMCG, auto, IT and bankex were up over 1 per cent. The Sensex was up 175.26 points or 0.94 per cent at 18,736.96.

The storm was expected to result in tens of millions of dollars a day in lost revenue for exchanges and banks, analysts said.

Vijay Mallya on Saturday said he has learnt the hard way that wealth should not be displayed in India.