The US has entered 17th straight month of recession, but the pay package of its highest-paid CEO exceeds $100 million (over Rs 500 crore) -- a figure more than 10 times that of his counterpart in the

The credit crisis that hit the world markets impacted the fund raising by Indian companies during the first 10 months of the last financial year, a FICCI-Ernst & Young report has said.

Major IT firms are expected to post a decline in revenue growth in the fourth quarter of 2008-09, primarily on account of project cancellations, say analysts.

The country's 10 most valued firms added over Rs 42,000 crore to their market capitalisation last week, with Reliance Industries accounting for nearly half of the total gain.

Nationwide Mutual Insurance Co. on Friday laid off 480 employees and contractors across the country, the latest round of job cuts from the insurance giant, a spokesman said.

The Walt Disney Co. said Friday it had cut 1,900 positions at its U.S. theme parks as part of an earlier announced reorganization, representing about 11 per cent of salaried employees in the division.

Could residential demand pick up if prices are rolled back to levels prevalent a few years back?

With equity markets facing a turbulent time, insurance companies are launching guaranteed products to lure investors. In a freewheeling interview to Business Line, V. Srinivasan, CFO of Bharti AXA L

Investments with a two-year horizon can be considered in the shares of CMC, in the light of the stock’s reasonable valuations. The company is an integrated IT systems player and has managed a fr

A steeper-than-expected downward revision in sugar output estimates has made the outlook for domestic prices quite bullish over the medium term.