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India to sell $70 bn shares in 3 years Morgan Stanley (26 November 01:50) |
| Morgan Stanley expects Indian firms to raise roughly USD 70 billion through share sales over the next three years, its India Country Head said on Wednesday. |
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November 26 Events to watch out for (26 November 01:48) |
| Events to Watch November 26 |
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ITC rules out hostile takeover of East India Hotels (26 November 01:10) |
| YC Deveshwar, Chairman, ITC, says the company is open to raising the firm's stake in East India Hotels |
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Will achieve sales growth target of 15 in Q3 Subros (25 November 11:00) |
| In an interview with CNBCTV18, Ramesh Suri, Chairman of Subros spoke about the latest happenings in his company and sector. |
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NHPC may lag by 800 MW in 11th Plan capacity addition (25 November 10:53) |
| Staterun hydropower player NHPC Ltd is likely to miss its eleventh plan capacity addition target by 800 mega watts, a senior official said. |
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Coal India scouting for more buys abroad official (25 November 10:50) |
| Stateowned Coal India Ltd is planning to make more overseas coalmine acquisitions in the US, Asia, Africa and Australia, a senior official said on Wednesday. |
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Mahindra Satyam to declare audited nos by June 2010 (25 November 10:19) |
| A CLSA report has exhorted investors to exit Mahindra Satyam. CLSA said Mahindra Satyam did not have fundamental value trading at current levels as normal financials of the company would be ... |
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Wipro sees operating margins sustaining in nearterm (25 November 10:12) |
| Wipro, India's thirdlargest software services exporter, will be able to sustain its operating margins in the near term as the business environment improves, a top executive said. |
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No further attrition from existing customers Mah Satyam (25 November 10:10) |
| Mahindra Satyam said customer attrition has stopped and it is not offering price cuts to win new deals, a company executive said. |
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Infosys to focus on small buys (25 November 09:58) |
| Infosys Technologies, India's No 2 software exporter, is focused on small acquisitions to boost growth and does not expect pricing to improve in the near term, a top executive said. |
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See further increase in tyre prices CEAT (25 November 09:49) |
| In an interview with CNBCTV18, KJ Rao, Chief Financial Officer of CEAT, spoke about the companys working and its future plans.
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Expect 30 growth in exports next yr TVS Motors (25 November 09:04) |
| TVS Motor press has announced the launch of a 110 cc motorcycle and 110 cc scooter. Venu Srinivasan, Chairman and Managing Director of the company the company's growth plans. |
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Expect sugar prices to remain steady over mediumterm ISMA (25 November 09:01) |
| SL Jain of Indian Sugar Mills Association (ISMA) believes sugar prices are going to remain quite bullish. |
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Syniverse in talks with major Indian carriers (25 November 08:47) |
| Syniverse Technologies Inc, a provider of technology services to wireless telecommunications companies, is in talks with major Indian wireless carriers over its number portability services. |
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Satyam says no outofcourt settlement with creditors (25 November 08:44) |
| Scam fallout: 37 creditors claiming Rs 1,030 crore but Mahindra Satyam rules out outofcourt settlement. |
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WalMart No plans to invest in retail stores in India (25 November 08:38) |
| WalMart Stores has not sought to invest in retail stores in India, the junior trade minister told parliament on Wednesday. |
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Mahindra Satyam No more attrition from existing customers (25 November 08:37) |
| REUTERS SUMMIT Mahindra Satyam: no more attrition from existing customers |
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Banks need to buffer capital base RBI chief (25 November 08:32) |
| Banks need to buffer their capital base and upgrade risk management systems, the Reserve Bank of India (RBI) governor said on Wednesday. |
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Tatas may launch electric Indica by early 2011 (25 November 07:44) |
| With many automakers planning to launch ecofriendly vehicles for the domestic market, Tata Motors said on Tuesday that it may launch the electric version of the small car Indica in early 201... |
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CBI unearths additional fraud of Rs4739cr in Satyam (25 November 07:39) |
| The Central Bureau of Investigation (CBI) has stumbled upon more evidence that could push the size of the fraud at Satyam Computer Services to Rs 11,875 crore from the initially estimated Rs... |
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Pantaloons raises Rs 500cr via QIP at Rs 316 (25 November 07:37) |
| In an exclusive interview with CNBCTV18, B Anand, Director of Finance, Future Group, spoke on the latest development in the company. |
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Infy to hire 20000 in FY11 says job scene improving (25 November 07:01) |
| The hiring job scenario scenario is improving, says IT major. It adds it should achieve its target of hiring 20,000 employees in FY11 |
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Wipro sees sustaining operating margins in near term (25 November 06:23) |
| Wipro Ltd will be able to sustain its operating margins in the near term as the business environment improves, a top executive said |
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Welspun Gujarat raises $ 250mn via FCCBs QIP (25 November 05:55) |
| Akhil Jindal, Director of Welspun Group speaks about the company's capital raising exercise and the road ahead. |
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Mah Satyam looks at outofcourt settlement with creditors (25 November 05:37) |
| In a recent development it has been learnt that the global IT services provider, Mahindra Satyam is looking at an outofcourt settlement option with creditors. Twenty creditors from a total... |
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UP mills farmers agree to sugarcane price of Rs 195q (25 November 04:45) |
| Even as an allparty meeting that was expected to take place on Wednesday to discuss pricing of sugar was cancelled, an association of UP sugar mills reached an agreement with farmers in the ... |
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CBI pegs Satyam scam losses at Rs 14000 cr (25 November 04:03) |
| The Satyam scam may actually be much bigger than it was originally thought to be that's the word from the Central Bureau of Investigation. |
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Luxury goods sale will increase in 2010 report (25 November 03:42) |
| Luxury goods sales will return to growth next year with profitability increasing more than revenues thanks to strong cost containment policies in 2009, according to a Bank of America Merrill... |
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GMR talking to investors on stake sale (25 November 03:42) |
| Indian conglomerate GMR Infrastructure Ltd, which has interests spanning from aviation to power, has Rs 30 billion (USD650 million) to invest in existing businesses by March 2011. |
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Delaroche work ruined in war rescued for show (25 November 03:42) |
| A major work by French painter Paul Delaroche thought to have been virtually destroyed during a World War Two German air raid on London in 1941 has been unrolled and found to be in good cond... |
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ILFS open offer to Maytas on Nov 25 (25 November 03:42) |
| Infrastructure Leasing and Financial Services Ltd's open offer for Maytas Infra Ltd would open on Nov. 25 and close on Dec. 14, the offer manager said in an announcement. |
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Tata Communications to build new cable in Gulf (25 November 03:42) |
| Telecoms services firm Tata Communications said it had signed agreements with operators in the Middle East to build a new cable system for the region. |
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Worlds biggest cruise ship is a floating resort (25 November 03:42) |
| Royal Caribbean's new Oasis of the Seas is the largest, widest, tallest, most expensive cruise ship afloat, a cornucopia of amusements aimed at quashing the notion that cruising is a sedent... |
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Book review The Logic of Economic Calamities (25 November 03:00) |
| Read this to understand why the free market belief now lies in ruins. |
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Worst over for India auto companies Anand Mahindra (25 November 02:46) |
| Anand Mahindra, ViceChairman and Managing Director, Mahindra Mahindra, says the worst is over for Indian autos as far as the downturn seen last year is concerned. |
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Reliance reopens 900 gas stations Official (24 November 11:41) |
| Reliance Industries has reopened 900 gas stations, which were shut down when state firms were selling heavily subsidised fuel, the head of the firm's refinery business, P. Raghavendran, sai... |
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Ford to launch small cars for Indian growth (24 November 11:17) |
| US auto maker Ford Motor will launch a new car model in India every 1215 months over the next five years, with its new Figo small car to drive a tripling of sales in 2010, its India head sai... |
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Force India to test Di Resta Hildebrand (24 November 10:18) |
| Britain's Paul di Resta, the cousin of IndyCar champion Dario Franchitti, will test for Force India in Spain next week along with young American J.R. Hildebrand, the Formula One team said o... |
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Jindal Steel unit to set up 1600 MW power plant (24 November 10:17) |
| Jindal Steel Power said on Tuesday its unit Jindal Power will be setting up a 1,600 MW hydro power plant on the tributary of Subansiri river in the northeastern state of Arunachal Pradesh. |
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Expect H2FY10 rev to be double of H1 Royal Orchid Hotels (24 November 09:57) |
| In an interview with CNBCTV18, Keshav Baljee, President CoPromoter of Royal Orchid Hotels, spoke about the latest development in his hotel.
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Expect home loan rates to remain stable GIC Housing (24 November 09:55) |
| In an interview with CNBCTV18, Yogesh Lohiya, Chairman of GIC Housing spoke about the companys home scheme and the road ahead. |
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Air India saves Rs 400cr in restructuring drive (24 November 08:54) |
| Air India has saved Rs 400 crore in six months of restructuring, reports CNBCTV18, quoting sources. Full international bookings for DecemberJanuary are also helping the beleaguered public ca... |
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Air India saves Rs 400cr through restructuring (24 November 08:54) |
| Air India has saved Rs 400 crore in six months of restructuring, reports CNBCTV18, quoting sources. Full international bookings for DecemberJanuary are also helping the beleaguered public ca... |
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Maruti stops production of Versa to launch new MUV (24 November 08:50) |
| Maruti says a new production line is likely to be set up at the Manesar unit, which will have a capacity of 3 lakh units per year. |
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Sun TV to raise advertisement rates from Jan 1 (24 November 08:30) |
| Broadcaster Sun TV Network Ltd said on Tuesday it plans to raise advertisement rates for some of its channels from Jan. 1, 2010. |
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Now cars may get dearer (24 November 07:46) |
| Automakers are poised to hike prices of automobiles, not once but twice. Sources tell CNBCTV18 that auto manufacturers may increase car prices but 510% in January and another round of pric... |
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Subir Gokarn takes charge as RBI deputy (24 November 07:41) |
| Subir Gokarn on Tuesday took over as the deputy governor of the Reserve Bank of India, the RBI said in a statement. |
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Govt invites bankers to manage NTPC stake sale (24 November 07:41) |
| The government has invited proposals from merchant bankers to manage the government's proposed 5% stake sale in leading utility NTPC, which could fetch about USD 1.9 billion at current mark... |
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Aegis Logistics Essar Oil to cross sell fuel (24 November 07:41) |
| Aegis Logistics said on Tuesday it has entered into a strategic alliance with Essar Oil to cross sell fuel through their retail outlets. |
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BSE to launch faster feed next week (24 November 07:41) |
| The Bombay Stock Exchange, whose data pipelines are burdened by the need to carry pricing of more stocks than any other bourse, will next week launch a feed that is several times faster than... |
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