The ongoing market carnage has given rise to a huge phishing boom, security experts say. Read more »

The shares of Vijay Mallya-promoted Kingfisher were up a whopping 32.35 percent at Rs.51.35, while that of Jet, founded by London-based Naresh Goyal, moved up by 11.12 percent at Rs.291.80 Read more »

Every individual would prefer to do business rather than working under the supervision of someone. Read more »

Britain's government is to invest up to 37 billion pounds (USD 64 billion) in ailing British banks Royal Bank of Scotland (RBS), HBoS and Lloyds TSB, it said Read more »

robust growth in low-cost deposits and fee-based income has helped leading private- sector lender Axis Bank to clock a 76.8 per cent growth in its net profits Read more »

Global rating agency Standard and Poor's (S&P) Monday said the fundamentals of ICICI Bank continued to be sound Read more »

US banking giant Morgan Stanley was racing to salvage a crucial investment from a big Japanese bank in an effort to allay growing fears about its future Read more »

Foreign direct investment in India will top $35 billion this fiscal despite the current global financial turmoil, commerce minister Kamal Nath said. Read more »

Reeling under a financial crisis, both Kingfisher Airlines as well as Jet Airways broached a possible alliance to overcome their problems, largely generated by mounting fuel bills. Read more »

Union Finance Minister P Chidambaram today appealed to the Indian public not to panic over the impact of the global financial crisis and exuded confidence about the public''s money being safe in banks Read more »