State Bank of India Wednesday signed a joint venture agreement with State General Reserve Fund of Oman to to set up a $100m fund to boost investment in India.

Under ideal circumstances, a free market promotes fair salaries for workers and does not support fat pay packets for top honchos.

A benchmark index for Indian equities Wednesday closed 78 lower as selling pressure built up in the last session of trade.

Indian Railways Wednesday decided to make its ticket-booking website inaccessible to touts and travel agents during the opening hour of the sale of Tatkal (instant) and other tickets for various trains.

To meet the growing demand for batteries from the car and motorcycle sectors, Exide Industries is planning to spend Rs.400 crore this fiscal (2010-11) to increase capacity in its various plants, a top company official said here Wednesday.

The recent fuel price hike drove India's annual food inflation further up to 10.55 percent, from 10.16 percent in May, edging the Reserve bank of India closer to another hike in interest rates.

A benchmark index for Indian equities Wednesday crawled up about 80 points in afternoon trade on strong cues from other Asian markets.

Twenty-five years after it first flew to Delhi, Emirates will make history when its 517-seater Airbus A-380 super jumbo lands at the Indira Gandhi International Airport Thursday to become the first international airline to dock at the brand new Terminal 3.

The recent fuel price hike drove India's annual food inflation further up to 10.55 percent, from 10.16 percent in May, edging the Reserve bank of India closer to another hike in interest rates.

Entertainment World Developers Limited (“EWDL”) has filed its Draft Red Herring Prospectus with SEBI for issue of its Equity Shares at a price to be discovered pursuant to a 100% Book Built Process.