Major corporates are staring at an uncertain future after investing substantially on their projects

Infosys, TCS and Wipro gained 1-3% contributing the most to the Sensex gains.

Enunciating slew of measures initiated by the UPA to augment the sector, the finance minister said 19 oil and gas blocks were given out for exploration and 7 new airports are under construction.

Air India is aiming to improve its financials by pruning loss-making flights, improving fleet use, increasing web sales and selling & leasing back 14 Boeing 787s by March-end, top airline executives said on Monday.

The defence ministry is finalising a decision to allow the FGM-148 Javelin missile, built by US companies Lockheed Martin and Raytheon, into a contest to supply the Indian Army with anti-tank guided missiles. This is bad news for Israelis

'The Congress can't return to power unless it reins in prices, lowers interest rates, taxes the rich,' says Praful Bidwai. 'If this means sacking those most responsible for the UPA's pro-big business policies including Finance Minister Chidambaram, so be it!'

In aviation parlance, an 'interline arrangement' is a deal under which the same ticket covers different legs of the journey flown by different airlines.

Assessing the unprecedented destruction at rain-ravaged Uttarakhand, including 110 major landslides in small stretches, the Border Roads Organisation has taken a massive road rehabilitation programme in the state, pressing into service about 4,000 men.

Two cadres of the outlawed Garo National Liberation Army and an accomplice were arrested by the Assam Police along with a huge cache of arms and ammunition from the Inter State Bus Terminus in Guwahati on Thursday

Akbar-Al-Baker, Chief Executive Officer told the PTI on Wednesday that Qatar Airways has exhausted all the traffic routes allotted by the Government of India.

Kashmir occupies much of Pakistan's foreign policy space and remains an obsession with its security establishment and non-state actors but the issue hardly finds any mention in the campaign for next month's national assembly elections that may again return a hung verdict.

A total of 10 companies collectively managed to garner Rs 6,059 crore (Rs 60.59 billion) through their IPOs during the fiscal year ended March 31, 2013, shows an analysis of data available with the stock exchanges.

Mumbai-Ahmedabad route selected for pilot project.

The states have terminated the contract of Alliance Air for its inefficiencies.

United India Insurance Company plans to enter the West Asia and South Asian Association for Regional Cooperation countries to tap the potential in these regions due to a presence of a large India diaspora.

When crony capitalism flourishes, investor sentiment is bound to take a hit.

Over 500,000 pilgrims have so far visited the holy Amarnath cave shrine in the Himalayas, although only 3.50 lakh had registered themselves from different parts of the country for this year's yatra.

Take a look at what economists and analysts have to say about this budget.

The carrier had planned a GDR issue in December last year to reduce its debt but had failed to do so as its stock prices began slumping.

For Buddhadeb Bhattacharjee, the transition from a 'people's man' to corporate India's preferred chief minister was rapid, albeit with a cataclysmic effect.

When the facility becomes operational, Mysore will become the first city in the country to adopt the intelligent transport system.

In an environment vitiated by strong arm tactics of some microfinancial institutions, financial inclusion could be a business opportunity.

The Tata Steel nominee on the board of Riversdale, Narendra Kumar Misra, abstained from voting on a resolution to announce and recommend the offer to shareholders.

'The Aadhaar project has grave civil liberty implications. It will enable the government to profile citizens and track their movements and transactions.'

The Supreme Court on Friday issued notices to Bharti Airtel and Vodafone on a BSNL petition, seeking that the private telecom operators pay interconnection charges, along with penalty, for transferring to its network their calls that did not identify phone numbers.

The visual control tower at 95 metre would provide all-round view of the airport. The complex will also have meteorological facilities, search and rescue and anti-hijacking measures.

Tata Power, one of the power suppliers in Mumbai, has offered to take over the distribution business of Reliance Infrastructure - a development that comes on the heels of a power purchase dispute between the two.

Airbus hasn't bagged orders from India in the last two years, but country head Kiran Rao is bullish on opportunities.

Like its predecessors REC and NTPC, mining major NMDC, the third government-owned company to hit the markets this year, received tepid response on the first day of follow-on offer (FPO).

Here is the entire text of the Finance Minister Pranab Mukherjee's Budget Speech:

With hopes of raising funds through an initial public offer (IPO) or selling a stake to a strategic investor fading due to stiff opposition from the unions, the government is working on a proposal for a private placement of shares for Bharat Sanchar Nigam Ltd (BSNL), India's fifth-largest telecom company,

The government holds 89.5 per cent stake in NTPC and it plans to dilute five per cent stake constituting 41.22 crore (412.2 million) shares through its proposed FPO.

If Emirates Airlines is caught in the Dubai debt crisis, it may force the carrier to moderate its expansion, which could hurt aircraft manufacturers like Boeing and Airbus, as it has placed orders worth $55 billion with them.

Cyclone Phyan might not hit Mumbai directly, though the metropolis will feel its impact due to extremely heavy rainfall, Meteorological Department officials said on Wednesday.'The cyclone may not directly hit Mumbai, but the impact of the severe weather has already started in the city. In the afternoon perhaps, it will be more severe. Disturbed weather is expected with heavy rains, storms and the ea will become very rough," said a Meteorological Department official.

China is using its growing trade power to enhance its global influence, especially in Africa, Latin America and Asia, where it is perceived as an all-weather friend. Since opening up its economy in 1978, China's foreign trade has been growing by leaps and bounds.

The markets have reacted to the Budget with a sense of unease and disappointment. Maybe expectations were unrealistic, and we are unfair in expecting so much in the short period of time the FM had to prepare and present the Budget.

Finance Minister Pranab Mukherjee presented the Budget for 2009-10 on July 6. Following is the Budget Speech of Finance Minister Pranab Mukherjee:

India's first consignment of mangoes to America via the sea route is expected to considerably reduce the retail price of the golden fruit in the US. From around $22 per 3.5 kg pack, Indian mangoes could now cost $10 -12 per pack.

Railway Minister Lalu Prasad on Friday presented a populist interim Railway Budget in Parliament on Friday. Following is the entire speech of the railway minister:

The real fear then is of an unstable Pakistan sinking into chaos and anarchy and vast amounts of territory, weapons and perhaps nuclear materials falling under the control of Islamic extremists linked to al-Qaeda. This would without a doubt be the United States and India's worst nightmare. Indeed it might turn out to be the last act before decisive foreign military operations to neutralise Pakistan began in earnest.