UCO Affiliate

Monday, February 25, 2013

World stocks, euro gain after Italy exit poll

World stock indexes rose and the euro leaped against the dollar on Monday as investors cheered exit poll results from Italy's weekend election that showed the pro-reform Democratic Party was in the le...

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US to probe Ford cars over stalling engines

US safety regulators will investigate problems with stalling or surging engines in nearly 7,25,000 Ford cars and SUVs. The probe affects Ford Escape, Mercury Mariner SUVs, Ford Fusion and Mercury Mila...

Sistema Shyam only applicant for upcoming spectrum auction so far

The government's upcoming auction of airwaves early next month has found only one bidder till now, as telecom operators say they want a discussion with the Department of Telecom (DoT) before deciding ...

RBI to infuse Rs 10,000 crore liquidity through OMOs on March 1

The Reserve Bank of India (RBI) will infuse additional liquidity by pumping in Rs 10,000 crore in the market through open market operations (OMOs) on March 1.

Google, Facebook most trusted internet brands: survey

Google and Facebook have emerged as the most trusted internet brands in a recent survey undertaken by Trust Research Advisory, a statement said Monday.

Switzerland says won't entertain any requests from India based on 'illegal information'

Flooded with requests for bank account details from India, Switzerland today made it clear that it will not entertain any banking and tax-related requests that are based on information acquired illega...

FIIs not allowed to buy Maruti shares as cap breached: RBI

The Reserve Bank of India (RBI) today said foreign investors cannot buy shares of the country's largest car manufacturer Maruti Suzuki India Ltd (MSIL) as their limit of 24 per cent has been breached.