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May 23, 2013
 
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The beleaguered Sahara Group, which yanked its team Pune Warriors out of the Indian Premier League (IPL), may have to negotiate hard with sponsors left high and dry by its abrupt withdrawal. ...
To fund development of 6,700 km of roads this fiscal; likely to cost Rs 24,000 cr
Some two-crore subscribers have complained to the telecom regulator that operators were activating value-added services without consent.
Says many of reforms panel report can be implemented right away
Rajasthan Royals produced a disciplined bowling performance as they restricted Sunrisers Hyderabad to 132 for seven in the ‘Eliminator’ of the Pepsi Indian Premier League here today. ...
Company plans to buy Heidelberg Cement’s grinding unit for undisclosed sum
Indian Hotels (Rs 55): SELL  (22 May 09:57 pm) 
We recommend a sell in the stock of Indian Hotels Company from a short-term perspective. It is apparent from the charts of the stock that it has been on an intermediate-term downtrend from...
Karnataka Government plans to establish a medical college in each district of the State to ensure seats for meritorious students at subsidised rates and also offer quality healthcare facility.
KSRTC to pay salaries thru bank  (22 May 09:52 pm) 
Kerala State Road Transport Corporation has signed a memorandum of understanding with State Bank of Travancore to pay salaries to its 40,000 employees and pensioners through the bank from July.
Digitisation of cable networks likely to increase pace of growth
Broker's call  (22 May 09:51 pm) 
Right HorizonsApollo Hospitals(Accumulate)CMP: Rs 976.35Target: Rs 1,130Apollo Hospitals Enterprise Ltd (APHS) reported a moderate revenue growth...
The board of Larsen &Toubro has approved a scheme of arrangement for consolidating the assets and liabilities of its hydrocarbon business with its wholly owned subsidiary L&T Hydrocarbon E...
JSW Energy promoter cuts stake  (22 May 09:47 pm) 
The offer-for-sale by a promoter of JSW Energy, Sangita Jindal, was oversubscribed (175.07 per cent) on Wednesday’s exchange-traded session. This helps Sangita Jindal to r...
Coal India may be first to go in for offer-for-sale, buyback
A war is on in the South African bush for what is on the nose of one of the Big 5 — the horn of the rhino. After losing more than a thousand rhinos to poachers in the last three-and-a-ha...
Commerce Secretary to visit Beijing to follow up on decisions
The sacking of Phaneesh Murthy of iGATE wakes up India to a largely neglected issue. You don’t see such high-profile sackings here in India not because harassment doesn’t occur. It’s lar...
McLeod Russel sets up Kenyan arm  (22 May 09:41 pm) 
McLeod Russel India Ltd, the world’s largest tea planter, said it has incorporated a trading outfit in Kenya to procure and supply African tea to the company’s Dubai blending unit.
New zonal manager for LIC-South  (22 May 09:40 pm) 
T. Sitharthan has taken over as zonal manager in-charge of LIC of India – Southern Zone. According to an official press release, he has been elevated to the cadre of Executive Director....
Mobile data traffic has increased 92 per cent, as telecom companies offer low value packs for adding new users. A study carried out by Nokia Siemens reveals that 3G data consumptio...
Norms soon to ensure companies pass on benefits of raising funds overseas
Dakshina Kannada Co-operative Milk Union Ltd is planning to open 30 primary milk producers’ co-operative societies this year. Raviraj Hegde, President of the union, said that a proposal h...
Move to help public sector operate in competitive environment
Micro and small entrepreneurs can obtain loans sans security from Rs 5 lakh to Rs 1 crore under the Credit Guarantee Trust for Micro, Small Enterprises Scheme (CGTMSE), but the project viability i...
Mass contact programme of Chief Minister Oommen Chandy has earned him a rare top ranking in Asia and the Pacific and a United Nations Public Service Award. The Chief Minister will receiv...
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