Honolulu: Citigroup Inc.'s new board chairman, Richard Parsons, said financial institutions are being targeted for creating the nation's financial crisis, but they aren't the only ones

MUMBAI: Mukesh Ambani-led Reliance Industries said the merger of Reliance Petroleum with itself has been approved by its shareholders and creditors. "The shareholders and

Gold ETFs, which outperformed equities during the market's plunge to March 9 on safe haven buying, have now become laggards. Between January 6 and March 9, as the BSE Sensex fell 21 per cent

Mumbai: Not lay-offs, but more creative methods to cut costs and retain employees should be the mantra for corporates across geographies to tackle recession. This is the advice that NYSE-listed

Chennai: India is rapidly becoming a hub for small cars and Renault is gearing up to garner a sizeable chunk of market pie in the heavily fought auto market. Renault's strategies are unique -