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IMF says it got 'good price' for gold from India
The International Monetary Fund, which sold 200 tonnes of gold for about $6.7 billion to the Reserve Bank of India, today said it got a "good price," and wants to be similarly "lucky" in the next phase sale of the precious metal.

Insurers may invest Rs 40k cr in equity mkts
Insurance companies could invest up to Rs 40,000 crore in the stock markets during the fourth quarter of the current financial year due to better sale of unit-linked plans (Ulips) in the recent month.

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RIL in talks with IL&FS on Haryana SEZ
Having acquired contiguous land of over 8,000 acres at Jhajjar in Haryana, Reliance Haryana SEZ Ltd (a joint venture between Reliance Ventures Ltd and Haryana State Infrastructure and Industrial Development Corporation, or HSIIDC) is likely to rope in Infrastructure Leasing & Financial Services Ltd (IL&FS) as a consultant and co-partner in the project.
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Yahoo!, Google still hiring in India

Global majors like Microsoft, Yahoo! and Google may have decided to trim their workforce worldwide, but these entities do have openings in India. - Yahoo! India appoints Arun Tadanki as managing director - Yahoo!, Google still hiring in India - Microsoft to unveil Windows 7 by Xmas - Microsoft's debt offer matters - to Microsoft - Microsoft may cut more jobs if economy worsens - Microsoft may lay off more if warranted: Ballmer The companies are cutting jobs in India too, even as they have hiring plans in the country. Software giant Microsoft recently said it would create employment opportunities in tune with the growth of the Indian economy. The announcement came from its CEO Steve Ballmer amid the firm proceeding with 5,000 job cuts worldwide, including 55 employees in India.


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