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This has been a long weekend and don’t we just love long weekends? Anyhow, it appears that the same cannot be said for the top ranking companies of the country. Heavy losses were suffered by these companies in the past week,…

TCS has beaten IBM, Reliance in market capital While in recent news in the tech world, the homegrown Mumbai based IT giant Tata Consultancy Services (TCS) on Monday surpassed the global tech giant IBM in terms of market capitalization.…

The share market is on a swing and Reliance Industries is the one to take the largest hit. The company has been impacted in a severe manner and lost as much as Rs. 1 lakh crore in the fall. The company has been the ‘most valuable’…

Ecommerce marketplace in India is growing at the pace of almost replacing the real ones. The growth of eCommerce has been such that offline vendors are feeling real pinch. Even though eCommerce still accounts for a small percentage of…

Here's a look at this week's top 10 Indian business news. Bank of Baroda (BOB) to hire 20,000 people in 4 years M D Mallya, Chairman & MD, Bank of Baroda, announced that the bank is planning to hire 20,000 people over the next 4…

The reconciliation between the estranged Ambani brothers was followed by the scrapping of the non-compete agreement allowing both the group companies to foray into newer industries (except that Mukesh-led companies should not venture into…

On which stock did you bet your money on? RIL or RNRL? Or Are you from the stable of those old shareholders of Reliance Industries who holds stakes in shares of both the group companies, post de-merger? Finally, India’s Supreme Court has…

Who will benefit? definitely not Chevron. Chevron has a 5% stake in Reliance Petroleum Limited (RPL). It bought the stake 3 years ago for 60 rupees per share. If it doesn't raise the stake now to 29%, it will get the same amount of money it…

Indian outbound deals, which were valued at US$ 0.7 billion in 2000-01, increased to US$ 4.3 billion in 2005, and further crossed US$ 15 billion-mark in 2006. In fact, 2006 will be remembered in India's corporate history as a year when…