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Indian workforce most mobile in world Survey (11 March 08:06) |
| Indian employees are most eager in the world to change jobs in the next six months, a survey by global HR service provider Ma Foi Randstad said.
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CBI charges NIMS doctors for prolonging Rajus treatment (11 March 06:13) |
| CBI, probing the multi-crore financial fraud in Satyam Computers, today alleged doctors were prolonging the treatment of the company's former chairman B Ramalinga Raju only to delay the tria... |
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Govt borrowing likely to be smooth RBI (11 March 05:10) |
| The Reserve Bank today said the government borrowing for the next fiscal is unlikely to pose any major challenge to it, provided it remains within the budgeted target.
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MSMEs contribution to GDP to rise to 10 pc Fin Secy (11 March 05:03) |
| The finance ministry said the micro, small and medium enterprises are expected to raise their contribution to GDP to 10% soon from the current level of eight per cent.
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Sensex gains 70 pts in volatile trade (11 March 04:56) |
| The Bombay Stock Exchange benchmark Sensex rose for the second day today gaining 70 points on selective buying in heavyweights like Reliance Industries and Infosys by funds amid easing infla... |
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Food inflation slips to 1781 fuel prices rise
(11 March 12:52) |
| Food inflation dropped to 17.81 per cent towards the end of February, but fuel inflation shot up due to a hike in excise and customs duty in the Budget. |
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Sensex falls by 38 points in early trade (11 March 10:09) |
| The Bombay Stock Exchange benchmark Sensex shed over 38 points in early trade today as investors sold stocks to book profits at existing levels amid a mixed trend on other Asian bourses. |
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Rupee falls by 7 paise against dollar in early trade (11 March 10:04) |
| The Indian rupee depreciated by 7 paise against the dollar in early trade today following fresh capital outflows by foreign funds amid the US currency's gains overseas. |
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Mukesh Ambani Lakshmi Mittal among worlds top ten billionaires Forbes (11 March 09:06) |
| Indians Mukesh Ambani and Lakshmi Mittal figured among world's top ten billionaires as Mexican tycoon Carlo Slim Helu beat Americans Bill Gates and Warren Buffett to become the wealthiest pe... |
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Aditya Birla Retail to rope in investor (11 March 12:30) |
| Kumar Mangalam Birla's retail venture, Aditya Birla Retail, is reportedly open to roping in a financial investor to fund its expansion plans. |
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PG ups pack size of Tide Naturals by 25 (11 March 12:28) |
| The scramble for garnering more volumes in laundry continues. Procter & Gamble India (P&G) has increased the grammage of its Tide Naturals detergent by 25%. |
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Infosys sees increase in outsourcing (11 March 12:26) |
| IT major, Infosys Technologies, has witnessed an increase in outsourcing deals as all major markets are back on the recovery track, a top company official said. |
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Tata says goodbye to Residency for Vivanta (11 March 12:23) |
| Indian Hotels Co (IHCL), the hospitality arm of Tata group, is planning to do away with its Residency luxury brand. |
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Letter to ministry SC pulls up S Tel (11 March 12:20) |
| The communication ministry's alleged pressure tactics to soften up S Tel, a joint venture between Chennai-based Shiva Group and Bahrain Telecom, to give up its demand for 2G mobile phone ser... |
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Opt for short-term debt mutual funds Experts (11 March 12:16) |
| Go short. That is the advice investment experts are giving debt mutual fund investors these days. |
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FDI inflow declines 25 in January (11 March 12:12) |
| Foreign direct investment in the country declined by a quarter to $2 billion in January compared to the same month last year, snapping a trend of positive growth in the previous three consec... |
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Promoters of Binny decide to part ways (11 March 12:10) |
| The shareholders of Binny Ltd on Wednesday voted in favour of one "final demerger" which envisages the four promoter groups walking away with various businesses "amicably". |
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Siva acquires 50 in Norways co for $22m (11 March 12:08) |
| NRI investor Sivasankaran-led Siva Group said it has entered into an agreement to buy 50% stake in Norwegian bottled water maker Isklar for $22 million. |
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SBI gets Chinas nod to deal in yuan (11 March 12:06) |
| SBI has obtained permission from the Chinese government to lend in the local currency. It is set to become the first Indian bank to enter yuan business and start lending to Chinese companies... |
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PE deals pick up steam in 2010 (11 March 12:01) |
| Folks used to big-ticket razzmatazz seem to be misled by the deceptive calm on PE front. Not many may have noticed the fact that in the last two months, there have been 30 transactions in th... |
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Foreign funds pump in $24 billion in 2 weeks (11 March 12:00) |
| Since the day FM Pranab Mukherjee presented his Budget, foreign funds have been pouring money into the Indian stock market. |
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NMDC offer doesnt excite investors much (10 March 11:57) |
| As disinvestment of NMDC gets a lukewarm response from both retail and institutional investors on the first day of offer-for-sale, government's collection from divestment may fall short of 2... |
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NSE to tie up with SP 500 (10 March 11:53) |
| The world is coming to India's stock markets. |
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SAIL plans to double steel production by 2014 (10 March 06:00) |
| State-run steel maker Steel Authority of India plans to increase its annual capacity to 26 million tonnes by 2014 from the the current 14 million tonnes.
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15 cases of dumping of Chinese products being probed (10 March 05:54) |
| India is investigating 15 new cases of dumping of products from China, the government said Wednesday.
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SBI prefers rights issue to raise capital Bhatt (10 March 05:54) |
| Country's largest lender, State Bank of India, would prefer a rights issue to raise funds for business growth rather than diluting Government holding, the bank chairman O P Bhatt said.
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Sensex closes flat (10 March 04:39) |
| A benchmark index for Indian equities shut shop on a flat note Wednesday, giving up its intra-day gains.
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Sensex rises 44 points in opening trade on firm Asian markets
(10 March 10:04) |
| Sensex recovered by nearly 44 points in opening trade on Wednesday on fresh capital inflows from foreign funds amid firming Asian markets.
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Rupee falls by 12 paise against dollar in early trade
(10 March 10:02) |
| The Indian rupee depreciated by 12 paise against the US dollar in early trade on Wednesday, following the American currency's gains overseas. |
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Airlines say no to costly snoop tech (10 March 04:45) |
| Airlines, said sources, have told DGCA that the installing the cockpit door surveillance system in each aircraft costs upwards of $50,000. |
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Investors richer by Rs 34L cr in a year (10 March 01:59) |
| The stock market witnessed a lacklustre trend on Tuesday, the one-year anniversary of the current rally, with the BSE sensex ending 50 points lower at 17,053 and turnover taking a dip. |
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After 52 years Daimler sells stake in Tata Motors (10 March 01:57) |
| The over fifty-year-old association between Daimler and Tata Motors came to an end as the German carmaker sold its entire 5.34% stake (2.56 crore shares) in India's largest automobile compan... |
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Companies set to hire 10 lakh in 10-11 (10 March 01:56) |
| It's official. Jobs are back. The organised sector in India is set to create close to a million new jobs in 2010-2011, according to a Ma Foi Employment Trends Survey. |
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Ford brings Figo at Rs 349L (10 March 01:55) |
| Ford launched its first small car Figo in the big-volume compact car segment with an aggressive pricing of Rs 3.49 lakh (ex-showroom Delhi), significantly below rivals like Maruti Ritz and H... |
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Bring gas to NTPC issue before panel (10 March 01:53) |
| The power ministry has sent a reminder to the oil ministry on an agreement to bring before the ministerial panel a proposal to provide Andhra offshore gas to state-run generation utility NT... |
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AB Minacs buys UK-based BPO (10 March 01:51) |
| The Aditya Birla Group's BPO/IT arm Aditya Birla Minacs has acquired UK-based Compass BPO, a pure-play finance and accounting (F&A) services provider. |
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SBI prefers to go for rights issue Bhatt (10 March 12:41) |
| SBI might not go for a dilution in government stake to about 51% as proposed in the SBI (Amendment) Bill 2010, which was placed in Parliament on Monday. |
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India most optimistic (10 March 12:40) |
| India continued to be the most optimistic nation in terms of hiring plans for the next three months, global staffing services firm Manpower said. |
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Govt may ban FDI in cigarette making (10 March 12:38) |
| Government is all set to ban foreign direct investment (FDI) in cigarette manufacturing. |
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FMCG firms jack up prices (10 March 12:36) |
| Fast-moving consumer goods (FMCG) companies such as Godrej Consumer Products Ltd (GCPL), CavinKare and Britannia Industries have decided to increase prices of its products ranging from diape... |
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Guwahati man wins WagonR challenge (10 March 12:33) |
| Neeraj Sharma, a member of infrastructure cell at IIM-Shillong, has won the WagonR Think Big Challenge, an initiative to give people a platform to present their ideas before industry stalwar... |
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Low-cost flying pushing up FB sales in airports (10 March 12:30) |
| As more and more low-cost seats take to the Indian skies, cash counters at food and beverage (F&B) outlets across airports are ringing louder. |
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Tata Sons Citi arm buy stake of Daimler (10 March 12:28) |
| Tata Motors' parent Tata Sons and Citigroup's Mauritius investment arm, which mainly operates through the PN route, were the top buyers in the 5.34% stake sold by Daimler in Tata Motors. |
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Tax treaty with Swiss on anvil (10 March 12:26) |
| India on Tuesday said it is actively pursuing enforcing the amended tax treaty with Switzerland soon so that information on bank deposits in that country can be obtained in specific cases. |
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Air India to lose Rs 5400cr in 2009-10 says Praful Patel (09 March 07:28) |
| India's national carrier is expected to incur losses of around $1.8 billion (Rs.5,400 crore) this fiscal and the trend is likely to continue for a few more years, the civil aviation minister... |
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Sensex ends 50 pts downinvestors cautious ahead of NMDC FPO (09 March 05:42) |
| Moderate selling in metal and PSU counters pulled the benchmark Sensex down by 50 points today in lacklustre trade in tandem with global markets which took a breather after rallying for the ... |
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BSE launches Sensex mobile streamer (09 March 12:43) |
| The country's premier bourse, Bombay Stock Exchange (BSE), today launched its Sensex mobile streamer, a platform that would allow investors to access streaming Sensex data at their fingertip... |
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Rupee falls 3 paise to 4555 a dollar
(09 March 10:04) |
| The rupee eased by 3 paise against the dollar in early trade on Tuesday after a six-day rally on fresh capital outflows by foreign funds and a firm US currency. |
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Sensex falls over 41 points on profit taking (09 March 09:58) |
| Sensex shed over 41 points in opening trade on Tuesday, snapping the two-session winning streak as investors sold stocks to book profits at existing levels amid a mixed global trend.
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Daimler to sell Tata Motors stake (09 March 02:37) |
| German auto major Daimler, which holds a 5.34% stake in Indian automobile giant Tata Motors, is soon expected to sell its entire stake, consisting of nearly 2.56 crore shares. |
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