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Steel Authority of India (SAIL) on Thursday reported a 34 per cent decline in its net profit at Rs. 1,107.47 crore for the October-December quarter as against Rs. 1,675.55 crore recorded in the year-ago period. However, revenue during the quarter rose by 17.5 per cent to Rs. 12,276.81 crore from Rs. 10,447.63 crore recorded... 

European shares were little changed by midday trade on Thursday after 28-month highs a day earlier as miner-led declines and some market consolidation offset a good response to Spain’s bond auction. The market was waiting for a news conference starting at 1330 GMT by ECB President Jean-Claude Trichet, who will talk about... 

It was a very tough day on Dalal Street today. The brakes were slammed on yesterday’s pullback as the market grappled with weaker than expected earnings from Infosys and selling pressure in the financials. The Sensex shut shop today at 19,182 – down 351 points. The big disappointment was Infosys today as it kicked off... 

NEW DELHI: Prime Minister’s expert panel on Food Security Bill today disfavoured Sonia Gandhi headed NAC’s proposal of legally entitling 75 per cent of population to subsidised foodgrains saying it will not be possible in view of the current availability. The expert panel, however, recommended “assured delivery... 

Tata Coffee Ltd has informed BSE that Starbucks, the US giant Coffee Company is making an entry with its famed stores into India. It has held several meetings with Tata Coffee Limited, India’s largest Coffee Producing Company for a possible alliance. The Company has entered into a non binding Memorandum of Understanding... 

BANGALORE: The looming sovereign debt crisis in Europe may impact the Indian IT industry’s growth in 2011 in case of defaults, a top official of the IT bellwether Infosys Technologies Ltd said. Though the slow economic recovery in the developed markets has not impacted our business till now, the sovereign debt crisis... 

Dell’s single and multifunction printer lineup is engineered to reduce total cost of print by providing increased product reliability with comprehensive warranty and maintenance coverage. The range of printers being launched include the 1250C, the world’s smallest single-function A4 color laser-class printer and a host... 

New Delhi: A state-of-the-art control room with giant TV screens that will help track the offensive of security forces in Naxal strongholds with satellite imaging and GPS has been activated at the CRPF headquarters here. Official sources said the control room will enable top officers to track the movement of personnel in thick... 

MotorolaMobility, a subsidiary of Motorola Inc, recently launched the Motorola Defy in Malaysia. Defy is a slim, portable Android smartphone that comes equipped with advanced Web-browsing capabilities and a 3.7-inch high-resolution touch-screen display that provides edge-to-edge views of your favourite photos, videos and websites. Motorola... 

SPB Software has released a migration tool that should make it easier for consumers to move from Symbian or Windows Mobile to Android-based smartphones and tablets, the company said on Wednesday. The tool copies text messages, contacts, call history and bookmarks, and moves them to the new phone. It can be used to transfer data...