Market regulator SEBI today said it did not find evidence of manipulative trading in shares of ICICI Bank, which had demanded a probe by the watchdog after its scrip came under heavy selling pressure in September.

The Cabinet is believed to have approved the distribution of imported pulses through ration shops at a subsidy of Rs 10 per kg.

Intervention by the Reserve Bank through state-owned banks notwithstanding, the Indian rupee today ended at yet another record low of 50.20/21, cheaper by 18 paise against the greenback due to exodus of foreign investments and descending equity markets.

International singers Bon Jovi and Roger Waters are prominent among global superstars who will join Bollywood stars led by Amitabh Bachchan to perform at the 'Live Earth India' concert here on December seven.

Gold prices rose for the third straight day surging by Rs 180 to close at Rs 12,350 per ten gram in the bullion market here on reports of the precious metal's steep rise in the Asian region as investors shifted their funds from the melting bourses.

Russia will provide credit to India and China for purchasing its machinery and equipment as part of a stimulus package to back the domestic industry amid the global financial crisis, Premier Vladimir Putin said today.

In a bid to further strengthen its leadership position in the country, pain-balm major Amrutanjan today announced a nation-wide five month campaign called 'Be Ready'.

Amritsar would host Punjab International Trade Expo (PITEX 2008) to be organized by PHD Chamber from December 3 to 7.

Metal prices declined sharply in the non-ferrous metal market here today on heavy stockists offerings in view of lower LME advices.

Asking corporates to take the lead in bringing about positive change in the condition of women in India, Cherie Blair today said that with the country marching confidently into future, the companies need to send a message in this direction through their employment policy.

In a bid to promote entrepreneurship in the country, global leader in networking Cisco today announced a partnership with Small Industries Development Bank of India and Tiruchirappalli Regional Engineering college- Science and Technology Entreprenuers Park here.

Financial services major, Citi, today said that Mark Robinson has been appointed Chief Executive Officer of Citi South Asia and would lead its banking franchise in India, Sri Lanka and Bangladesh.

Principal Mutual Fund today announced the launch of its closed-ended debt scheme, Principal Pnb Fixed Maturity Plan 91 Days--Series XIX.

Alternative asset manager, Kohlberg Kravis Roberts & Co (KKR), today said that it has appointed Citi veteran Sanjay Nayar as its CEO and Country Head in India.

Sugar prices eased on the Vashi Wholesale Market here today on poor off-take from retailers.

The government is not considering reducing prices of petrol and diesel, planning to use the profits earned on the two auto fuels to make up for part of the hefty losses on sale of domestic LPG and PDS kerosene.

Government has decided to establish a new Institute of Engineering and Technology in memory of former Union Minister and Congress leader Ghani Khan Choudhary at Malda in West Bengal.

Majority of the passport applicants in India still prefer to seek agents' help in processing application forms, despite an online access to passport offices, a study conducted by the Indian Institute of Management, Ahmedabad (IIM-A) said.

Fall in prices of crude oil, metals and other manufactured items helped cool inflation for the second straight week to 8.90 per cent, the lowest in five months, giving RBI the legroom needed to cut policy rates to fuel economic growth.

India is unlikely to see any large-scale job cuts as it has a strong domestic market to consume what it produces, Cabinet Secretary K M Chandrasekhar said.

The government today announced a hefty 50 to 300 per cent increase in pay-packages with effect from January 1, 2007.

City-based Kernex Microsystems has bagged a USD 17.5 million order from the Egyptian National Railways for supply and development of 136 semi-automatic level crossing gates, a top company official said.

Capital market regulator, Sebi, today ruled out stopping short-selling as it has no evidence that short-selling is driving the market down, a top official said.

To give afficionados a wide choice of highly-acclaimed international films, the Siliguri International Film Festival 2008 was inaugurated Wednesday organised by Siliguri Cine Society in association with department of Information and cultural affairs, Government of West Bengal and Dinabandhu Manch advisory committee.

Online insurer www.click2insure.in has introduced a value-added service for its customers, claims consulting.

Increasingly grim global economic news and the prospects for even weaker demand for energy pulled world oil prices lower today, analysts said.

Japan's Nikkei stock index tumbled 4.32 per cent by the lunch break today as gloomy economic data added to fears of a long global recession.

Noting that the co-operative societies are playing "effective role" in giving employment to lakhs of unemployed youth of the state, Punjab Cooperation Minister Capt Kanwaljit Singh said that there societies have been honoured by Union government by issung a grant of Rs 1,100 crore for its re-organisation.

An attempt to win a pastry eating competition cost a young engineer his life.

The Wall Street declined in early trading hours with disappointing economic data and continuing uncertainty over the fate of auto majors, pushing the benchmark Dow Jones Industrial Average Index into the red.

Leading real estate body, Confederation of Real Estate Developers' Association of India (CREDAI), appealed to its 3,500-plus members to reduce residential property prices.

Annual international business summit-'Confluence 2008' of Indian Institute of Management, Ahmedabad (IIM-A), having central theme as "Wealth: Legacy, Dimension, Frontiers", will begin from Thursday.

Despite the global economic slowdown, the summer internship for the batch of 2010 of XLRI School of Business and Human resources found 'exceptional' response by way of international offers and stipends.

The BJP Government in Karnataka approved 12 mega investment proposals involving Rs 7080.38 crore investment that has potential to create employment to 82,393 persons.

In firm grips of global gloom, the markets prolonged the bear phase, with the benchmark Sensex ending today at a three-year low of 8,451.01 following a seven-day-long falling streak.

Leading NRI industrialist and metal magnate Lord Swraj Paul has topped the annual list of 20 richest Asians in Britain with his wealth doubling to 1.5 billion pounds despite the current global economic meltdown.

`Oral Recosulin', a reombinant DNA Human insulin Buccal spray for treatment of diabetes, was today launched here in the city by Shreya Life Sciences.

The Supreme Court has observed that an employee cannot claim revised pay scales as a matter of right as it is for the authorities to decide whether to implement the revised pay scales or not.

The Supreme Court has held that a man is under an obligation to foot the medical bills of his divorced wife as part of the maintenance allowance.

Uttarakhand Chief Minister B C Khanduri announced the implementation of Dehra Dun masterplan-2025.

"People rushing to courts for breaking up of marriage should come as a last resort," the Supreme Court today said, expressing concern that divorce was seriously eroding the sacred institution of marriage and affecting the future of children of such parents.

The prospects of revival of socialism is seen beyond the current economic crisis but this will be a long drawn transition and even upto 100 years, says eminent economist Prof Samir Amin.

Private air-charter service provider, Airnetz Aviation, has started offering on-demand connecting flights on third party-operated private jets with domestic as well as international scheduled carriers to some 400 airfields across the country.

A milkman from Mohali has set an example with his act of honesty by returning the bag full of Rs 3 lakh cash he found lying on the roadside.

Seeking to downplay criticism over lack of job opportunities for Maharashtrians in the state industries, the state government today said the proposed 131 SEZs in Maharashtra would create 59 lakh jobs.

IT and BPO service provider Technosoft Global Services, a subsidiary of Technosoft Corporation USA, today inaugurated their third facility, here, set up at a cost of USD two million.

Skyline Group, Bangalore-based builder of luxury homes, today signed a management agreement with Frasers Hospitality, an international hospitality major to make its foray into the hospitality sector.

IT firm MindTree said today its growth outlook had "deteriorated" and it would face "lot more challenges" in the next financial year.

Ess Dee Aluminium (EDAL), has acquired a 90 per cent equity stake in ailing Kolkata-based aluminium foils company, India Foils, from the Vedanta group for Rs 130-crore, a top company official said here.

India's capital market regulator, Sebi, and Malaysia's Securities Commission, will jointly hold a one-day India-Malaysia Capital Market Forum here.

Global financial services provider Barclays Wednesday announced the launch of Barclays Wealth India operations to tap the wealth management market in the country.

Extending its losses in sync with the equity markets, the rupee tumbled by 42 paise against the dollar to 50.44/45, after hitting a new record low of 50.55 in early trade, strained by unabated capital outflows amid renewed worries over the US economy.

The Haryana Chief Information Commissioner (CIC) has directed HUDA to pay Rs 15,000 as compensation to an entrepreneur for not giving him information under the RTI Act in 2007.