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Pay just Rs 19 for portability (21 November 02:18) |
| Come January 2010, consumers need to pay only Rs 19 and change their service provider, even as they retain the same mobile number. |
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Airtel reduces roaming rates by 60 (21 November 02:15) |
| Bharti Airtel, the largest telecom player in the country, cut roaming rates by as much as 60%.
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Bank stocks sizzle on credit offtake rise hope (21 November 02:12) |
| Credit growth will gain momentum in future. Stocks of Allahabad Bank, Dena Bank, HDFC Bank and OBC hit their 52-week highs on Friday. |
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Dells sales surge 17 in India (21 November 02:09) |
| Dell reported a 17% increase in its sales in its Indian operations in its fiscal third quarter. But this good performance in India, as also in China, was an exception for the world's third-l... |
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Rolls Royce to roll out Rs 25 crore Ghost (21 November 02:07) |
| Rolls Royce, the maker of ultra elite high-quality handcrafted cars, previewed the company's new four-door super-luxury saloon 'Ghost' here, hoping to sell around 60 units of Rs 2.5 crore-pl... |
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Rajratnams Galleon exits Edelweiss Cap (21 November 02:02) |
| Galleon Group, the US-based hedge fund whose co-founder Raj Rajratnam was arrested by the US authorities for alleged insider trading, has exited domestic financial firm Edelweiss Capital. |
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Ranbaxy recalls skin drug in US (21 November 02:00) |
| Ranbaxy Laboratories has recalled a batch of Sotret Isotretinoin capsules used in treating skin infections, from the US market. |
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Govt plans Rs 10 note in polymer (21 November 01:59) |
| Government will introduce one billion (100 crore) polymer notes of Rs 10 in a bid to increase their lifetime. |
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Total tax arrears at Rs 2L cr Govt (21 November 01:52) |
| The total tax arrears have galloped to nearly Rs 2 lakh crore till September 30, 2009, an amount sufficient to fund at least half of the government's budget deficit for the current financial... |
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No need to import rice says govt (21 November 01:52) |
| In what appears to be a move to cool international prices, the government has said it would not go in for rice imports as it has enough stocks to manage despite a 15 million tonne kharif pro... |
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Vodafone seeks time for tax claim reply (21 November 01:50) |
| Vodafone has sought an extension until January 29 to reply to a tax claim notice issued last month by the Indian tax department, junior finance minister S S Palanimanickam said on Friday in ... |
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Pantaloon Retail to raise Rs 500 crore (21 November 01:42) |
| Pantaloon Retail (India), on Friday said it will raise Rs 500 crore by way of private placement of shares with qualified institutional buyers. |
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Rupee ends higher by seven paise (20 November 08:03) |
| The rupee today bounced back from its initial losses to close higher by seven paise at 46.61/62 against the US currency on signs of capital inflows by foreign funds amid fresh dollar sales b... |
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TRAI fixes Rs 19 as portability fee to change mobile operators (20 November 07:03) |
| Telecom regulator TRAI today fixed at Rs 19 the reference rate for portability fee--charged from users for changing operator while retaining the number. |
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India to return to 9 growth US to bounce back too PM (20 November 05:36) |
| PM Manmohan Singh was confident of India soon returning to nine per cent growth level, helped by resumption in capital flows from developed nations, and hoped that the US economy too would r... |
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Gold surges to Rs 17500 per 10 gm (20 November 05:32) |
| Continuing its record setting spree, gold today surged by Rs 100 and touched a new high of Rs 17,500 per 10 gram in the bullion market here on heavy buying by jewellery makers amid firming g... |
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Sensex makes comeback to post 236-pt gain (20 November 04:54) |
| The Bombay Stock Exchange bellwether Sensex sank, surfaced and shot up to close the day higher by 236 points, as investors picked up stocks at attractive levels amid firm opening in European... |
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Rupee down 5 paise at 4673 a dollar in opening trade
(20 November 10:51) |
| The Indian rupee on Friday depreciated marginally by 5 paise to 46.73 against the US dollar in opening trade. |
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Sensex falls 22 points on weak global cues
(20 November 10:47) |
| The 30-share index fell by 22 points at 1015 hours on Friday in sustained volatility caused by approaching expiry of futures & options contract. |
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Govt to cut holding in SAIL by 20 (20 November 01:22) |
| The government is set to dilute its holding in Steel Authority of India Ltd by 20%. While the company will make a fresh issue of 10% equity, the government will divest 10% of its stake. |
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FII holdings in India Inc rising (20 November 01:18) |
| On the back of strong fund inflows from foreign institutional investors (FIIs) in the recently concluded quarter, the shareholding of this segment in India Inc has risen to 17% from 16% in t... |
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JSW Steel ties up with Japanese steel major (20 November 01:13) |
| Japanese steel major JFE Steel and Sajjan Jindal-controlled JSW Steel have forged a collaboration agreement to produce automotive steel products and explore the possibilities of mutual stock... |
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Reckitt-Colgate merger in offing (20 November 01:00) |
| Shares of consumer goods biggie UK-based Reckitt Benckiser, which owns brands like Dettol and Lysol, and US giant Colgate Palmolive were up by over 3% on the global bourses on Thursday on sp... |
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In consumption of gold India again climbs to top (20 November 12:58) |
| With gold prices touching new highs in 2009, its demand in the global market declining. However, in gold consumption, India again climbed to the top position in world, led by strong demand o... |
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Lift insurance defence cap (20 November 12:53) |
| The Obama administration wants India to lift the cap in both defence and insurance sectors, a top US official said. |
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Insider trading SAT gives relief to Pendse (20 November 12:48) |
| The Securities Appellate Tribunal has set aside charges of insider trading against Dilip Pendse, former managing director of Tata Finance, and his wife Anuradha Pendse and Nalini Properties.... |
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PepsiCo to set up 4 plants for Rs 700cr (20 November 12:42) |
| Focusing on India as a rapidly growing market, US soft drinks giant PepsiCo would pump in an estimated Rs 700 crore to set up four new food and beverages plants by 2012.
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Suzlon to sell 35 stake in Belgian co Hansen (20 November 12:40) |
| In a bid to substantially cut down its debt, wind turbine major Suzlon Energy is planning to sell 35% stake in Belgian firm Hansen Transmissions International to PE firms. |
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Promoters sell 273cr TCS shares (20 November 12:37) |
| The country's largest software exporter, Tata Consultancy Services, on Thursday said various promoter group entities sold over 2.73 crore shares in the company, representing a 2% stake, over... |
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HC grants time to Sahara Jet to file affidavits (20 November 12:35) |
| The Bombay High Court on Thursday granted two months time to Jet Airways and Air Sahara for filing affidavits with regard to the dispute over the multi-crore take-over deal. |
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US co buys 69 in NDTV arm (20 November 12:33) |
| The NDTV Group announced that the US-based Scripps Networks Interactive will acquire 69% stake in its lifestyle programming subsidiary, NDTV Lifestyle, which runs the lifestyle channel NDTV ... |
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OECD ups India forecast to 61 (20 November 12:31) |
| For India, the OECD boosted its growth forecast to 6.1% in 2009 from 4.3% projected in March this year, and 7.3% in 2010, rising to 7.6% the following year. |
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Sony Ericsson to close Chennai unit (20 November 12:29) |
| Global mobile handset manufacturing major Sony Ericsson on Thursday announced that it would close down operations across several locations, including the research and development (R&D) facil... |
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Dues AAI gets tough on airlines (20 November 12:24) |
| With FM Pranab Mukherjee refusing Airports Authority of India the permission to issue tax free bonds for raising Rs 5,000 core, the PSU has decided to get tough with airlines on payment part... |
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Uncertainty continues over 3G spectrum auction (19 November 08:36) |
| Uncertainty over auction of 3G spectrum continues as an empowered group of ministers seems to have remained unable to resolve differences between telecom and defence ministries over vacation... |
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Kingfisher leads loss-making list of carriers Jet Airways second (19 November 08:16) |
| The Vijay Mallya-led Kingfisher Airlines led the chart of the loss-making carriers by reporting a massive Rs 1,602 crore in losses in 2008-09, followed by Jet Airways with a loss of Rs 1,032... |
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Rupee plunges 48 paise against dollar (19 November 06:32) |
| The rupee ended sharply lower by 48 paise at 46.68/69 against the US currency on fresh dollar demand from oil companies, even as the government allayed fears of a likely curb on capital infl... |
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Gold touches new high at Rs 17400 (19 November 04:57) |
| Firming global trend and melting domestic equities helped gold prices reach a new high at Rs 17,400 per 10 gram in the bullion market here today. |
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No immediate plans to hike fuel prices Govt (19 November 04:55) |
| The government has no immediate plans to raise petrol and diesel prices even though raw material costs have surged to their highest level this year, Petroleum Secretary R S Pandey said today... |
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Sensex loses over 200 pts at closing (19 November 04:53) |
| Sensex today shed 213 points on fears that the government might step in to check the rush of foreign funds into equities, but a section of brokers saw it as a long due correction of overstre... |
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US wants India to raise FDI cap in defence insurance to 49 (19 November 01:39) |
| The Obama administration wants India to lift the cap in both defence and insurance sectors, a top US official said. |
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Food inflation rises to 1455 (19 November 12:48) |
| Food inflation shot up to 14.55% for the first week of November as pulses, mutton and spices turned costlier. |
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Ambanis Mittal in Forbes list of richest Indians (19 November 11:39) |
| Mukesh Ambani is the wealthiest Indian with a net worth of $32 billion, as the number of Indian billionaires in Forbes' ‘India Rich List’ this year doubles to 52. |
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Rupee down 18 paise at 4638 a dollar in early trade (19 November 10:54) |
| The Indian rupee today depreciated by 18 paise to 46.38 against the US currency in early trade on expectations of capital outflows by foreign funds and dollar demand from importers. |
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Sensex down 70 pts in early trade on Asian cues (19 November 10:49) |
| The Bombay Stock Exchange benchmark Sensex today fell by around 70 points as funds and retail investors indulged in booking profits amid weak Asian markets. |
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First time in 2 decades India to import rice (19 November 03:02) |
| The Centre on Wednesday said it may have to import rice — the first time in 20 years — to make up the shortfall in kharif crop even though it has surplus stock in godowns. |
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India driving global auto majors growth wheel (19 November 01:29) |
| The midas touch of India is clearly visible on the financials of global auto majors like Suzuki and Honda making major profits from Indian subsidiaries. |
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Listing time should come down to 7 days Bhave (19 November 01:22) |
| Sebi wants companies going public to list their shares within seven days after closing the IPO subscription process. |
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Pantaloon Retail eyes small food cos (19 November 01:19) |
| The Future Group-owned Pantaloon Retail is looking at acquiring small foods companies in India to bolster its portfolio in the category. |
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Record FII inflow not a matter of concern FM (19 November 01:17) |
| Big money flowing into the stock market from foreign institutional investors is not a matter of concern, says finance minister Pranab Mukherjee. |
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