Vikram Pandit-led financial services giant Citigroup on Monday said it would cut more than 52,000 jobs in the coming months and reduce expenses by 20 per cent in 2009. Citi on Monday said it intends to reduce the total head count to less than 3,00,000 in the near term as part of the plan... more »

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Continued supply to bring comfort level in Re: PNB.. more »

A buyer of the new MacBook is reporting that he emailed Steve Jobs about the issues with the new glass trackpad and hinge on the laptop and he got a prompt reply from Apple representative via... . .. more »

There will also be a one-time spectrum charge levied .. more »

Global investors have pulled out a huge chunk of amount over USD 480 million from India-focused funds in the month of October 2008, with as much as USD 120 million flowing out in the last week, amid the meltdown in the equity markets. India-focused funds have witnessed the highest outflows among all the Asian funds in the last four weeks, .. more »

BOSTON (MarketWatch) -- One of many frustrations for investors during the current economic crisis has been watching a string of knee-jerk reactions and Band-Aid solutions from politicians, aimed at solving the headline-grabbing problem of the day and quelling investor anger. .. more »

The Reserve Bank of India (RBI) today (October 27) said that Rs 112 billion are available under the special lending window set up by the central bank to deal with the redemption pressures of mutual funds... more »

The initial public offer of Alkali Metals was subscribed 0.53 times on Tuesday. The issue closes on Oct 15.. more »

In bear markets, investors endure three stages: sharp down, reflexive rebound and a drawn out fundamental downtrend. .. more »

Buyers are still shying away even though the markets have fallen so much. The stock markets always discount things six months before they actually happen. Only time will tell the real story. .. more »

Technical analyst, Vishwas Agarwal while commenting on the market said, ``Market is still unbalanced due to global markets. Here in India authorities are taking every possible step to rescue markets from the crisis. But for every announcement, the markets are giving negative returns worldwide, this create fear in minds of Investors and trader .. more »

NEW YORK (MarketWatch) -- As the Oct. 8 deadline approaches for money market funds to join the Treasury Department's guarantee program, almost all of the industry's players have joined -- except, that is, for three of the largest companies. .. more »

In a bid to prevent a repeat of China's melamine-tainted milk and milk products that has sullied its image as a global supplier, India-the world's largest producer of milk-has decided to undertake a complete overhaul of the existing food safety standards in the country for imports and exports as well as arrangements for testing and certification. .. more »

Investors initially took heart Wednesday after the U.S. government bailed out insurer American International Group, but worries soon overrode hope in many markets. .. more »

The foreign direct investment, or FDI, inflow into the sector constituted a mere 0.76%, or $185 million, of the total $24,575 million in 2007-2008.. more »

HONG KONG (MarketWatch) -- Asian markets extended losses Wednesday, with energy-related stocks such as BHP Billiton and Mitsubishi Corp. taking a tumble as crude-oil prices continued their slide. Financials such as Mizuho Financial Group also lost ground on concerns about Lehman Brothers Holdings' ability to raise capital. .. more »

Oil prices sank below $106 a barrel on Friday as a jump in the US unemployment rate signaled to traders that Americans might keep paring back their energy use to save money. .. more »

The new Toyota Corolla would come with a 1.8 litre petrol engine in three different grades. Old versions of Toyota Corolla | World's top 10 auto groups by sales.. more »

ICET Web Counseling and Admission details from apsche.ac.inHere are the latest updates for the web based counseling of Integrated Common Entrance Test - ICET 2008 - Conducted by Osmania University for admissions into various MBA and MCA programs that are being offered by universities, colleges and educational institutions in Andhra Pradesh.Kindly .. more »