The BSE benchmark Sensex fell 0.3 per cent in early trade on Tuesday, with financials leading the decline, taking cues from weak Asian markets.

Reliance Industries dropped 1 per cent after the energy major said late on Monday its subsidiary had acquired a 14.12 per cent stake in hotel chain EIH for $217.5 million. » Read More

Oil prices hovered above $75 a barrel Monday in Asia, buoyed by rallying global stock markets and improving investor sentiment.

Benchmark crude for October delivery was up 1 cent at $75.18 a barrel at mid-day Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose $1.81 to settle at $75.17 on Friday. » Read More

Debt—ridden carrier Mexicana and its domestic subsidiaries will begin suspending flights midnight Friday and halt all operations by the next day as it seeks to restructure costs, Mexico’s transportation secretary said. » Read More

Responding to the concerns of exporters and the sudden decline in exports last month, the UPA government on Monday announced sops worth Rs.1,052 crore to the labour-intensive textile, handicrafts and leather sectors to help them cruise through the fragile global economic recovery phase. » Read More

Riding on strong growth in emerging markets like India, computer maker Dell today reported a 16 per cent jump in net income at $ 545 million for the three months period ended July 30, 2010.

“We saw a robust revenue growth of 52 per cent from BRIC (Brazil, Russia, India and China) countries. India, where we are now ranked No 1 by IDC (IT research firm), grew 80 per cent,” Dell President (Consu » Read More

Reliance Broadcast Network Limited (RBNL), a part of the Reliance Anil Dhirubhai Ambani Group, and CBS Studios International, a division of CBS Corporation, on Wednesday announced their equally-owned joint venture (50:50) called Big CBS Networks Pvt. Ltd. » Read More

If inflation levels do not come down in the next four weeks, the Reserve Bank of India (RBI) may go for a rate hike in its September quarterly review of the monetary policy, hinted Prime Minister’s Economic Advisory Council (PMEAC) Chairman C. Rangarajan here on Saturday. » Read More

AirAsia X, the low-cost long-haul arm of Malaysia's AirAsia, announced a promotional fare of Re 1 (plus taxes) for a one-way ticket on its Delhi-Kuala Lumpur route.

The tickets will be available on the airline's site and will remain open on August 7 and 8. » Read More