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With a steep fall in value of rupee, Prime Minister Manmohan Singh Tuesday said that in a market economy currency goes up and down and there are global uncertainties to which India is not an exception.

A former executive at Yahoo! and a former Indian-American mutual fund manager have pleaded guilty to fraud and insider trading charges relating to deals between Yahoo and Microsoft and a couple of other companies.

Peoples Democratic Party (PDP) patron Mufti Mohammad Sayeed Tuesday reiterated his demand for providing requisite facilities to ensure hassle-free cross-loC trade and travel, and hoped that some concrete steps would be taken in this regard during the forthcoming Indo-Pak home secretary-level talks.

The Petroleum and Natural Gas Regulatory Board Tuesday told the Delhi High Court that it has the power to frame tariff regulations for Indraprastha Gas limited (IGl) that distributes compressed natural gas in Delhi and adjoining region.

The Uttar Pradesh government Tuesday announced an ambitious plan to set up gas distribution networks across the state in order to ensure cheap and uninterrupted fuel supply to domestic, commercial and industrial sectors, an official said Tuesday.

Vodafone India Tuesday posted a 19.5 percent increase in service revenue at Rs.3,21,184 million during the financial year ended March 31, but said its initial public offering (IPO) may not happen this year.

Cautioning the government in the wake of global financial crisis, Prime Minister Manmohan Singh Tuesday said both the central and state government have to be fiscally responsible.

The Petroleum and Natural Gas Regulatory Board Tuesday told the Delhi High Court that it has the power to frame tariff regulations for Indraprastha Gas limited (IGl) that distributes compressed natural gas (CNG) and piped gas in Delhi and adjoining region.

The IT spending of Indian enterprises is likely to touch Rs.1,910 billion in 2012, a 16.4 percent increase from 2011 spending of Rs.1,640 billion, driven by investment by government and manufacturing sectors, technology research firm Gartner Inc said Tuesday.

Speaking on the third anniversary of the UPA-II government, Prime Minister Manmohan Singh Tuesday listed his government's achievements but said Maoism remained "a major problem".

To commemorate its seventh anniversary and to lure more passengers in the peak travel season, low cost carrier SpiceJet Tuesday announced a unique scheme by offering one way and round trip flight tickets for Rs.777 excluding taxes on journeys till Oct 27.

Ford India Pvt ltd, the Indian subsidiary of the US Ford Motor Company, hopes to achieve 10 percent sales growth despite difficult market conditions while completing expansion of its diesel engine manufacturing capacity, said a top company official.