Reserve Bank of India on Friday said fraudulent and fictitious offers though e-mails, mobile phones and SMSs had increased significantly in the last two years despite public awareness by RBI.
Fraud & fictitious offers increase in 2 years
Posted in Business by IndianPick 23 minutes ago (http://economictimes.indiatimes.com)
Samsung raises 2010 smartphone sales target
Posted in Business by IndianPick 24 minutes ago (http://economictimes.indiatimes.com)
Samsung Electronics Co Ltd, the world's second-biggest maker of mobile phones, expects to sell up to 25 million smartphones this year.
Forex kitty swells by $293 million
Posted in Business by IndianPick 24 minutes ago (http://economictimes.indiatimes.com)
Foreign exchange reserves rose by $293 million during the week ended August 27, largely on account of revaluation of non-dollar assets in reserves.
Owners of a third of 3PAR back HP bid
Posted in Business by IndianPick 1 hour 24 minutes ago (http://economictimes.indiatimes.com)
Data storage provider 3PAR Inc said on Friday that shareholders owning about a third of its shares have agreed to accept Hewlett-Packard Co's proposal to buy the company for $2.4 billion.
No concern on capital inflows : RBI deputy gov
Posted in Business by IndianPick 1 hour 24 minutes ago (http://economictimes.indiatimes.com)
There is no concern on capital flows into India as of now, K.C. Chakrabarty, deputy governor at the RBI, said on Friday
Private hiring surprises with 67,000 new jobs
Posted in Business by IndianPick 1 hour 24 minutes ago (http://economictimes.indiatimes.com)
US employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside.
Mandhana Inds sees FY11 net at Rs 75cr
Posted in Business by IndianPick 1 hour 24 minutes ago (http://www.moneycontrol.com)
Textiles firm Mandhana Industries expects a net profit of Rs 75 crore in FY11 on revenues of Rs 800 crore, a top official said on Friday.
Anant Raj Ind buys Jubilant Software for Rs 81cr
Posted in Business by IndianPick 1 hour 24 minutes ago (http://www.moneycontrol.com)
Anant Raj Industries said on Friday it has acquired unlisted firm Jubilant Software Services Pvt Ltd for Rs 81 crore.
FX reserves at $282.842 bn as of Aug 27
Posted in Business by IndianPick 2 hours 23 minutes ago (http://economictimes.indiatimes.com)
Foreign exchange reserves rose to $282.842 billion as on August 27, from $282.549 billion in the previous week, the central bank said in its weekly statistical supplement on Friday.
Services PMI dips again in August but still robust
Posted in Business by IndianPick 2 hours 23 minutes ago (http://economictimes.indiatimes.com)
Growth in India's service sector slowed for a second month in August after hitting a two-year peak in June, but businesses were more optimistic about the outlook, a survey showed on Friday.
FY11 tax collection may top budget estimate
Posted in Business by IndianPick 2 hours 23 minutes ago (http://economictimes.indiatimes.com)
India's tax collections could beat budget estimates of Rs 7,46,000 crore in the fiscal year to end-March 2011, Revenue Secretary Sunil Mitra said on Friday.
Obama promises more stimulus as jobs fall
Posted in Business by IndianPick 3 hours ago (http://economictimes.indiatimes.com)
President Barack Obama on Friday promised a fresh slew of measures to boost the ailing US economy after fresh data showed unemployment was again on the rise.
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