Business News
Browse all articles and features filed under the News desk.
Jan 1, 2010 8 min read
Infosys picked for K'taka's power project
Mumbai: Infosys Technologies, India's No 2 software exporter, has been selected to implement a Rs 3.87 billion IT project for Karnataka's power distribution utilities, two government officials said. "We have issued the letter of intent to Infosys," a source at the Bangalore utili
Dec 8, 2009 5 min read
Oil spikes to USD 74.28 a barrel
Oil prices rose in Asian trade as traders capitalised on a weakening US dollar, analysts said. New York's main futures contract, light sweet crude for delivery in January, rose 35 cents to USD 74.28 a barrel. Brent North Sea crude for January delivery climbed 57 cents to USD 77.0