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India's central bank unexpectedly cut short-term lending rates on Monday in response to continued pressure from the global financial crisis.

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First ever online employee-oriented web portal www.jobsnetwork.in is launched. There are great reviews and suggestions from the top most professionals from varied fields that will help to make smart moves in your career. Share your thoughts, experiences and comments on your previous and current company/employer.

India's Swan Telecom, in which Emirates Telecommunications Corp ETEL.AD has bought a 45 percent stake for around $900 million, plans to launch its first telecoms operation during the April-June quarter of 2009, its managing director said on Tuesday.