Business News |
| Gold rises on oil, bargain buying; outlook shaky Posted: 14 Aug 2008 02:49 AM CDT By Lewa Pardomuan |
| India cabinet approves higher wages for govt workers Posted: 14 Aug 2008 02:41 AM CDT NEW DELHI (Reuters) - India's cabinet on Thursday approved higher wages for government employees, following on from recommendations of a pay panel which submitted its report earlier this year, a minister said. |
| Posted: 14 Aug 2008 02:33 AM CDT Country's largest lender State Bank of India on Thursday said the Finance Ministry has approved the merger of State Bank of Saurashtra with itself. |
| Sensex below 15K; banks down, techs up Posted: 14 Aug 2008 02:33 AM CDT Indian shares fell more than 2 percent on Thursday, after oil prices rebounded to $117 a barrel, rekindling inflation concerns and further monetary tightening. |
| Sun Pharma gets nod for Taro open offer Posted: 14 Aug 2008 02:33 AM CDT Sun Pharmaceuticals on Thursday said it has got US Federal Trade Commission approval for the open offer made by it to shareholders of Israeli firm Taro. |
| Cabinet approves govt employee pay hike Posted: 14 Aug 2008 02:33 AM CDT The government on Thursday approved the Sixth Pay Commission recommendations, heaping civil and defence staff with a salary hike bonanza on the eve of the country's 61st Independence Day. |
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