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View Article  Indian oil company gets Nigerian oil deal

India's state-owned ONGC Videsh Ltd. energy company has obtained approval to pay $485 million for Nigerian exploration rights.

Click the following link http://ww4.6URL.com/0EF9 to read the complete article.

View Article  Sensex slips into red, drops 40pts

The Sensex has slipped into negative zone and is now down 40 points at 9820. Cipla continues to trade with a solid gain of 9% at Rs 482.HLL has gained 2.8% at Rs 197, and BHEL is up 2.3% at Rs 1,835.Bharti at Rs 357, Ranbaxy at Rs 391 and Tata Steel at Rs 404 are the other significant gainers.

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View Article  Nagpur firm to construct Rs 2000 cr Lake City

Nagpur-based Jagdamba Realtors has decided to construct a ‘Lake City’ with 10,000 dwelling units on the outskirts of the city. The project has an outlay of Rs 2,000 crore.The project will come up near the proposed Sahara City.

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View Article  ICICI, SBI may hike home loan rates

The country’s major banks like ICICI Bank, SBI and Bank of Baroda are likely to follow HDFC Ltd in hiking the home loan rates by half a percentage point soon. HDFC Ltd increased its home loan rate from February 1 to 8.25% from 7.75%.

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View Article  BPOs perk list: good hikes, top B-school degree

In the past two years, the BPO sector has registered more than 50% growth year-on-year. The fast growth and entry of new players have resulted in poaching of employees in high numbers because the available talent pool doesn’t satisfy the demand of the industry.

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View Article  PM hints at setting up new pay panel

In what will cheer up 3.6 million Central government employees, but will strain the exchequer, PM Manmohan Singh on Wednesday indicated the setting up of the sixth pay commission. He, however, did not indicate any timeframe.

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View Article  PM confident of 8-10% growth

Prime Minister Manmohan Singh today outlined the need to carry out reforms in power sector, increase credit to farm sector and cut government's fiscal deficit.

"The economy has recorded 7-7.5 per cent growth in the last three years and we are inching towards 8-10 per cent," he told a press conference in New Delhi.

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