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Nov 08, 2009
 
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  See scope for more intl listings of Indian cos NYSE (07 November 09:46)
NYSE Group's Ronald Kent says Indian companies have space for international fundraising via listings
  SBI cuts deposit rates on slow credit liquidity glut (07 November 06:55)
State Bank of India, SBI has snipped interest rates by 2550 basis points on deposits up to five years duration.
  Tackling climate change G20 has task cut out (07 November 06:46)
Finance ministers belonging to the world's 20 leading economies are gathering in Scotland for the latest G20 summit, report CNBCTV18’s Sanjay Suri and Gautam Srinivasan. But there is still...
  India EU to resolve generic drug dispute Trade min (07 November 06:23)
India will resolve a dispute with the European Union over generic drugs in an amicable way, Trade Minister Anand Sharma said on Friday.
  Dr Reddys files for marketing Lipitor generic (07 November 06:23)
Dr Reddy's Laboratories has filed for marketing a generic version of Pfizer's cholesterollowering drug Lipitor in the U.S., the company said on Saturday.
  BSNL too offers per second billing (07 November 04:49)
Bharat Sanchar Nigam Ltd has joined the ongoing mobile tariff war by announcing a slew of initiatives including a scheme based per second billing. BSNL’s mobile services shall be available...
  BHEL bets on near doubling of orders in H2 (07 November 04:22)
With the economy showing broad signs of a revival, equipment major BHEL is betting on a near doubling in order bookings in the second half of the current fiscal.
  Aurobindo drug gets US nod (07 November 04:09)
Aurobindo Pharma Ltd has received final approval from the US Food and Drug Administration (USFDA) for Lamotrigine tablets.
  BEML bags Rs 185 cr NCL order (07 November 04:02)
BEML Ltd had bagged a Rs 185crore order for supplying one of the largest `walking draglines' or a huge, waste excavating bucket for Northern Coalfields Ltd.
  BSNL to go direct to Zain if consortium talks fail (07 November 12:30)
Bharti Sanchar Nigam Ltd said on Friday it would directly engage Kuwait's Zain for purchasing a stake if talks by a consortium the Indian firm is part of fail.
  Bank loans grew 97 on yr to Oct 23 (07 November 12:30)
Bank loans rose 9.7% on year as of Oct. 23, the Reserve Bank of India's weekly statistical supplement showed on Friday.
  SBI extends cutoff date for its My Home campaign (07 November 12:20)
State Bank of India – India’s No.1 Home Loan Provider, has decided to extend the availability of ‘My Home Campaign’ till 31st March 2009. Three popular products are offered under the ba...
  Deal tracker Grant Thornton sees MA traction improving (06 November 11:45)
There have been 28 deals done in September and October, according to a deal tracker report by leading specialist advisory services firm Grant Thornton. The report says private equity has don...
  SBI extends 8 home loan product till March 10 (06 November 11:06)
State Bank of India (SBI) has cut rates on select deposits by 25 to 50 basis points. This is the second instance of SBI cutting rates while the RBI stance is still hawkish. SBI has also exte...
  BSNL not to call new bids for GSM order (06 November 10:11)
BSNL nState telecoms Bharat Sanchar Nigam Ltd does not plan to call new bids for a 93million GSM line order, its chairman said on Friday.ot to call new bids for GSM order
  Sun Pharma gets US nod for generic Acular (06 November 10:11)
Sun Pharmaceutical Industries said on Friday its unit secured approval from the U.S. Food and Drug Administration for generic Acular, used in treatment of ocular itching.
  Sudip Bandyopadhyay joins Spice Group (06 November 09:51)
Sudip Bandyopadhyay, widely regarded as a financial wizard, joined BK Modi promoted Spice Group as Group President Financial Services after heading the Anil Dhirubhai Ambani Group’s Relian...
  Aurobindo Pharma gets US nod for seizure drug (06 November 09:14)
Aurobindo Pharma Ltd said on Friday it secured final approval from the US Food and Drug Administration for Lamotrigine tablets, used in the treatment of partial and generalised seizures.
  Tata Power launches USD 250 mn FCCBs (06 November 09:11)
Tata Power Company said on Friday it had started selling at least USD 250 million of foreign currency convertible bonds.
  Oversupply to impact margins in nearterm Shree Cement (06 November 08:24)
The cement sector has reported decent numbers this quarter. But the question on oversupply in the sector keeps popping up. What does the road ahead look like for the sector?
  Why is it imperative for the govt to act on IFCI (06 November 08:03)
In an interview with CNBCTV18, Ashvin Parekh, Partner, National LeaderGlobal Financial Services at Ernst Young and BD Narang, Former Chairman of Oriental Bank of Commerce spoke about the co...
  Bharti Axa to double general insurance premium income (06 November 07:53)
Bharti Axa General Insurance Co Ltd expects to double premium income to Rs 2.3 billion in the year to March 2010, its top official said.
  Garware Offshore gets contract worth Rs 225 mnyr (06 November 07:53)
Garware Offshore Services Ltd said on Friday its platform vessel 'M.V. Mana' won a twoyear contract approximately worth Rs 225 million a year in the north sea by an exploration and product...
  Rico Auto to resume production at full capacity from Nov 9 (06 November 07:49)
In an interview with CNBCTV18, Arvind Kapur, Managing Director of Rico Auto spoke about the latest happenings in his company and sector.
  Sales Tax Dept freezes bank accounts of Indage Vintners (06 November 07:45)
There seems to be no end to the troubles of Indage Vintners. CNBCTV18 had earlier reported about financial issues and non payment of salaries that the company was grappling with. But it is n...
  JPMorgan hires Deutsche banker for India private banking (06 November 06:27)
JPMorgan's private bank said on Thursday that it had hired Deutsche's Vinay Gandhi as head of its global India business, serving ultra high net worth Indian clients around the world from S...
  Tata Steel India ops Oct sales up 38 yoy (06 November 06:27)
Tata Steel Ltd, the world's No. 8 steelmaker by output, said on Friday steel sales at its Indian operations rose 38% in October from a year earlier to 462,000 tonnes.
  Likely to achieve 30 mkt share by FY10 end Ashok Leyland (06 November 06:05)
In an interview with CNBCTV18, K Sridharan, Chief Financial Officer CEO of Ashok Leyland, spoke about the latest happenings in his company and sector.
  Intel in talks with Indias ITI for JV (06 November 05:58)
Intel, the world's largest chip maker, is planning to participate in bids invited by Indian stateowned telecom equipment maker ITI Ltd to set up joint ventures, the Business Standard report...
  Auto strike ends tough job for Rico ahead (06 November 05:56)
Labourers of auto component manufacturer Rico Auto have ended the strike they had undertaken in Manesar, Haryana, since October 19.
  Not had any dialogue with govt on divestment RCF (06 November 05:46)
In an interview with CNBCTV18, US Jha, CMD of RCF spoke about the latest happenings in his company and sector.
  Cane farmers in Uttar Pradesh on warpath over prices (06 November 04:50)
Farmers in India's top canegrowing state of Uttar Pradesh will not sell their produce to sugar mills unless the government raises cane prices, Ajit Singh, an influential farmers' leader an...
  Tatas going global with lowcost housing (06 November 04:30)
The Tatas are giving a global perspective to their successful affordable housing model, which was launched in Mumbai. Ratan Tata, Chairman of Tata Sons, said that Tata Housing has got enquir...
  Coal India abandons plan to buy asset in Australia (06 November 04:26)
Coal India’s efforts to acquire a midsized virgin thermal coal block from a private party in Australia have drawn a blank.
  IOC chief rues uncertainty of investment return (06 November 04:22)
The Chairman and Managing Director of IndianOil, Sarthak Behuria, on Thursday rued that the “much needed investment in the oil refining industry is not attaining its required level” becaus...
  RIL RNRL allege contradictions in each others statements (06 November 04:10)
A day after Justice RV Raveendran withdrew from hearing the case citing potential conflict of interests, the Ambani brothers’ gas row started afresh in the Supreme Court on Thursday.
  Madras SENSE tieup takes off with 10 listings (06 November 04:00)
The Madras Stock Exchange (MSE) has tied up with the National Stock Exchange (NSE) to enable its members to trade directly on the NSE platform.
  Morgan Stanley buys 21 lakh shares of Indiabulls Power (06 November 03:55)
The sole book running lead manager to the Indiabulls Power Ltd IPO of last month, Morgan Stanley, picked up a chunk of shares in the company on Thursday as a marketmaking exercise.
  Exchange volatility biggest fear for Indias CEOs PwC (06 November 03:29)
Pricewaterhouse Coopers (PwC) has released its 13th annual global Chief Executive Officer (CEO) survey assessing the mood of corporate India and providing the insight into India’s competiti...
  PNB cuts retail deposit rates to 7 (06 November 03:21)
Punjab National Bank (PNB) said on Thursday it has cut interest rates on some of its retail term deposits by 25 to 50 basis points, effective November 9.
  South Korea approves free trade deal with India (06 November 03:18)
South Korea's parliament on Friday ratified a free trade deal with India, opening the way to the elimination or lowering of tariffs on more than USD 15 billion in annual bilateral trade wit...
  Italys Lavazza bets on India Brazil for growth (06 November 03:12)
Italy's leading coffee roaster Lavazza plans to make India and Brazil its hubs for expansion in the Asia Pacific region and Latin America where demand is growing, unlike its saturated domes...
  Corporation Bank sees 22 loan growth in FY10 (06 November 03:04)
Staterun Corporation Bank sees loans growing 22% and net interest margin marginally up at 2.42.5% at the end of 2009/10, its top official said on Thursday.
  Dutch pull Pfizer vaccine batch after infants die (06 November 02:56)
Dutch authorities say they have banned use of a batch of Pfizer's Prevenar, or Prevnar, after three infants died within two weeks of receiving the antiinfection vaccination.
  Don’t pay yourselves too much Outgoing CII chief to CEOs (06 November 03:13)
He has witnessed a transformational change of Indian industry and policy for almost four decades. He was instrumental in building the Confederation of Indian Industry, an organisation he is ...
  Dont pay yourselves too much Outgoing CII chief to CEOs (06 November 03:13)
The Chief Mentor of CII is finally hanging up his boots. He shares his wisdom in this interview.
  Murthys wife sells Infy shares to help set up VC firm (05 November 11:44)
Infosys Technologies, India's secondlargest software exporter, said on Thursday its chairman's wife sold company shares worth USD 92 million for setting up a venture capital fund.
  Tata Chemical to commission UP plant in June 2010 (05 November 11:42)
Tata Chemicals Ltd expects its fertiliser plant at Babrala in Uttar Pradesh to start commercial production by the middle of next year, a senior official said on Thursday.
  ArcelorMittal CEO to build Brazil mill Report (05 November 11:38)
ArcelorMittal, the world's largest steelmaker, will partner with mining giant Vale to build a steel mill in southeastern Brazil as part of a plan to spend USD 5 billion in the South America...
  Vedanta H1 down no need for fraud probe provisions (05 November 11:38)
Indiafocused mining group Vedanta Resources Plc said no provisions were needed for a fraud probe into its iron ore unit as it posted a steep fall in firsthalf profit due to weaker metals pri...
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