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April 13: Infy warns of challenging times

  • April 13: Infy warns of challenging times

    April 13: Infy warns of challenging times

  • JP Morgan rates Reliance Industries at 'underweight'

    India's Reliance Industries' KG-D6 facility located in the Indian state of Andhra Pradesh

    JP Morgan's re-initiated coverage of Reliance Industries, India's biggest energy conglomerate, with an "underweight" rating and a price target of Rs 650 citing a lack of earnings growth and high valuations

    The investment bank added it had a "negative" outlook on Reliance's refining and petchem businesses, while "sustained" weakness in its downstream business would cause earnings downgrades

  • Google stock split helps Page, Brin maintain grip

    A woman walks past the Google Chicago headquarters logo in Chicago

    Google Inc announced a stock split designed to preserve the control of co-founders Larry Page and Sergey Brin over the world's No. 1 Web search engine, asking investors to trust their long-term vision

    The surprise decision, which its board unanimously approved, came as the company exceeded Wall Street's profit expectations but revealed a worrying 12% drop in search advertising rates - the second consecutive quarterly decline

  • India achieves $300 bn exports target for FY12

    Minister for Trade Anand Sharma looks on during the opening of the 8th World Trade Organization Ministerial Conference in Geneva

    Despite a challenging economic environment in its major markets of the US and Europe, India crossed the export target of $300 billion for FY12

    "I am happy to announce that India's exports have crossed $300 billion in the last financial year," Commerce and Industry Minister Anand Sharma said here

  • Govt to allow FDI from Pakistan

    Pakistani Rangers and Indian Border Security Force personnel (obscured) lower the flags of the two countries during a daily flag lowering ceremony at the India-Pakistan joint border at Wagah

    India has decided to allow foreign direct investment from Pakistan, Trade Minister Anand Sharma said on Friday, hours before the two countries were due to open a trading post on the Wagah border in the latest sign of thawing economic ties

    Liberalising heavily restricted trade and investment flows is now the driver of peace efforts between the neighbours, whose fragile ties were shattered when Pakistani militants attacked Mumbai in 2008