Briefly Business: BT sells 9.1% in Tech Mahindra

BT sells 9.1% in Tech Mahindra

Mumbai: BT has offloaded 9.1 per cent stake in Tech Mahindra through a sale of shares to institutional investors to raise Rs 1,011.4 crore.

US Fed to pump more money into economy

Washington: The US Federal Reserve has said it would hold interest rates near zero until it hit the target of a 6.5 per cent jobless rate, and pledged to keep pumping more money in economy.

Honda to recall 8,71,000 vehicles

Detroit: Honda Motor will recall 8,71,000 vehicles that could roll away after the ignition key has been removed, including 8,07,000 in the US.

Deutsche Bank co-CEO drawn into tax probe

FRANKFURT: Deutsche Bank co-CEO Juergen Fitschen was drawn into a widening tax evasion probe related to carbon trading at Germany's biggest lender on Wednesday as hundreds of police and tax inspectors raided the bank's offices.

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