The recently concluded G20 summit in Washington and the next meeting in London in April show (grudging) US and Western recognition of the tectonic shift in the balance of economic power with the rise

Prime Minister Manmohan Singh's remarks that the current financial crisis has created conditions for a shift in global economic relations is not strictly correct.

"Market mandi mein chala gaya, kuch business nahi hai (It's a bear market. There's no business)," says Ravindra Gadekar, a Pune-based stockbroker. Fifteen months ago, Gadekar was a media darling becau

Even though the Reserve Bank of India has asked banks to help the realty sector, the headwinds are far from over for ailing developers.

The economy may be slowing down but not Siddharth Jain. Jain runs a network-marketing business from home. Sitting at his desk in his spacious flat in Santa Cruz, the 25-year-old isn't oblivious of the

Layoff is a dirty word in India. From the time popular outrage forced Jet Airways to retract its mid-October decision to sack 1,900 employees, few firms in India have announced such a move. But people

Marico Industries Ltd plans to launch a new food product within six months. The company, which already has good presence in the market through its Saffola brand edible oil, is gradually moving beyond

Maruti Suzuki India Ltd, the leader in Indian car market, is betting big on rural market along with specific segments of the society for growth through tie up with banks for finance. On Friday, the co

Less than a month after it started the route, Jet Airways is planning to pull the plug on its flights between Bangalore and Brussels.

National Aluminum Company (Nalco) , which was on the brink of a major coal crisis till a couple of weeks back has adopted a new strategy to ensure coal supplies.