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Pantaloon Retail to raise Rs 500 cr via QIP! (20 November 05:57) |
| India`s largest retailer, Pantaloon Retail (India), Friday said it will raise Rs 500 crore by way of private placement of shares with qualified institutional buyers. |
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GE Vivendi $1 bn apart over NBC Universal stake Report! (20 November 05:57) |
| General Electric (GE.N) and Vivendi (VIV.PA) are at least $1 billion apart in their valuation of the French group`s stake in NBC Universal, the Financial Times has reported. |
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GM analyst predicts solid November US sales! (20 November 05:57) |
| US auto sales could top an annual rate of 10.8 million in November, General Motors Co.`s top sales analyst has said.
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Oil prices up in Asian trade but still below $78! (20 November 05:57) |
| Oil rose in Asian trade Friday as investors bought the commodity at more attractive prices, but concerns over the strength of the global economic recovery has injected caution into the marke... |
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Russia Ukraine reach gas compromise deal Putin! (20 November 05:57) |
| Russian Prime Minister Vladimir Putin announced late Thursday a compromise deal with Ukraine on the thorny issue of gas supply, lessening the threat of multibillion-dollar fines that might c... |
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OECD urges action as Britains debt mounts! (20 November 05:57) |
| The OECD urged action on Thursday as new data showed Britain plunging ever deeper into debt, one day after Prime Minister Gordon Brown pledged a new law to fix public finances. |
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US lawmakers threaten China sanctions over currency! (20 November 05:57) |
| US lawmakers criticized US President Barack Obama`s administration Thursday for not pressuring China enough over its rigid currency as they set the stage for slapping import duties on Chines... |
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Dell Q3 profit plunges 54 shares drop! (20 November 05:57) |
| Dell Inc`s quarterly profit plunged 54 percent on lower-than-expected sales as it lost market share to competitors engaged in a budding price war in the PC market. |
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Raja asks telcos to cut SMS charges! (20 November 05:57) |
| Telecom Minister A Raja today
asked mobile operators to cut SMS charges on the lines of one
paisa per second tariff for voice calls.
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RBI asks money changers to report suspicious deals in 7 days! (20 November 05:57) |
| To prevent money laundering, the Reserve Bank on Thursday asked money changers to furnish report of all suspicious transactions within seven days to the financial intelligence unit-India (FI... |
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AOL to layoff one-third of its workforce! (20 November 05:38) |
| Internet company AOL today said it
is planning to reduce one-third of its workforce, as part of
its cost cutting initiative.
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India may miss GST implementation target! (20 November 05:38) |
| With issues like the exclusion of petroleum products from the purview of Goods and Services Tax (GST) yet be resolved, India may miss the implementation target by April 1. |
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Farm credit worth Rs 138 lakh crore disbursed in H1! (20 November 05:38) |
| Banks and co-operatives have disbursed farm loans to the tune of Rs 1.38 lakh cr in the first half of 2009-10, meeting over 42% of the target. |
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Fin Min RBI to direct banks to step up credit to MSME! (20 November 05:38) |
| The Finance Ministry and the Reserve Bank will issue directions to the banks to step up credit for micro, small and medium enterprises (MSMEs).
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Indian CIOs appear more progressive IBM CIO study! (20 November 05:38) |
| Indian Chief Information Officers appear to be more progressive compared to their global Counterparts, according to an IBM CIO study unveiled today.
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European NGOs back Indian generic drugs! (20 November 05:38) |
| Oxfam and Medecins Sans Frontieres, throw weight behind Indian generic drug industry, whose products have been seized by authorities in Europe. |
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Sunglass Hut targets 30 outlets in India by 2012! (20 November 05:38) |
| Sunglass Hut has said it is looking to take the number of its exclusive outlets in the country to 30 by 2012 as part of its expansion plan. |
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India-EU FTA will lead to new wave of investments! (20 November 05:38) |
| A new wave of investments from India to Europe and vice versa is likely to follow the India-EU FTA which would take bilateral trade to 160bn euros by 2015. |
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US wants India to raise FDI cap in defence insurance to 49! (20 November 05:38) |
| The Obama administration wants India to lift the cap in both defence and insurance sectors, a top US official said.
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Deutsche Bank to be key player in Chinese bank! (20 November 05:38) |
| Deutsche Bank is set to become the largest shareholder in China`s Huaxia Bank after agreeing to increase its stake in the mid-sized lender to 17.12 percent, the Chinese bank said Thursday.
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Rupee down 18 paise at 4638 a dollar in early trade! (19 November 05:32) |
| The Indian rupee Thursday 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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Obama voices commitment to S Korea trade agreement! (19 November 05:32) |
| President Barack Obama says he is committed to resolving issues that have stalled a free trade agreement between the United States and South Korea. |
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Oil stays above $79 amid mixed economic signs! (19 November 05:32) |
| Oil prices hovered above $79 a barrel Thursday in Asia amid mixed signals over the strength of the global economic recovery. |
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Sensex down 70 pts in early trade on Asian cues! (19 November 05:32) |
| The Bombay Stock Exchange benchmark Sensex Thursday fell by around 70 points as funds and retail investors indulged in booking profits amid weak Asian markets.
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Hedge fund king Griffin rebounding from losses Report! (19 November 05:32) |
| Hedge fund manager Kenneth Griffin`s Citadel Investment Group lost $8 billion in clients` money last year, but is turning things around as markets recover and has made $5 billion in profits ... |
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Mukesh Ambani tops Forbes India rich list with $32 bn fortune! (19 November 05:32) |
| The head of Reliance Industries, Mukesh Ambani, is once again the wealthiest person in the country, according to the latest Forbes` India Rich List. |
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Singapore declares its recession over! (19 November 05:32) |
| Singapore on Thursday declared a severe recession over as data showed its economy grew for the second straight quarter in the three months to September.
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Malaysias Maxis in SE Asias biggest IPO! (19 November 05:32) |
| Malaysia`s top mobile operator, Maxis, made a strong return to the bourse Thursday in Southeast Asia`s biggest ever IPO, worth 3.3 billion dollars. |
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EU budget for 2010 to increase by 6! (19 November 05:32) |
| Following tough negotiations, European Union (EU) governments and the European Parliament have agreed on the bloc`s budget for 2010. |
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Obama predicts renewed US growth in Q4! (19 November 05:32) |
| President Barack Obama predicted the United States economy would grow again in the final quarter of 2009, pulling further out of a long and crippling recession. |
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After 20 years India to import rice! (19 November 05:57) |
| India, a traditional rice
exporter, will import the grain for the first time in 20 years
to meet a projected shortfall of the crop hit by drought and
floods, government said on Wednesday.
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LN Mittal pulls out of Kazakh oil field! (19 November 05:57) |
| Signalling end of his oil and gas odyssey, steel magnate LN Mittal has pulled out of a project to develop an oil field in Kazakhstan in partnership with Oil and Natural Gas Corp and is looki... |
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Tata defends JLR Corus buys as strategic worthwhile! (19 November 05:57) |
| The Tata Group Chairman Ratan
Naval Tata has termed the acquisitions of the British marquees
Jaguar Land Rover as `strategic` and `worthwhile` and said the
company will strive to bring the o... |
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CBI objects to petition on laptops by Satyam scam accused! (19 November 05:57) |
| The CBI, which is probing the
alleged multi-crore financial fraud in Satyam Computers, on Wednesday
strongly objected to the petition of former MD Rama Raju
seeking permission to use laptops... |
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Dont be swayed by global recovery SEBI tells investors! (19 November 05:57) |
| Market regulator SEBI on Wednesday
cautioned investors against getting carried away by the recent
advances in the stock market following the global economic
recovery. |
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HDFC Life eyes 15 premium income growth this fiscal! (19 November 05:57) |
| Private insurer HDFC Life is targeting a premium income growth of 15 per cent in the current financial year.
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Ford Subaru VW win insurance industry picks! (19 November 05:57) |
| Ford, Subaru and Volkswagen sit atop the insurance industry`s annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-consciou... |
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Sensex down 60 pts in opening trade! (19 November 05:57) |
| The BSE benchmark Sensex Wednesday fell by about 60 points to trade below 17k level in opening trade, after witnessing three-session winning streak, as funds and retail investors preferred t... |
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Oil rises further in Asian trade! (19 November 05:57) |
| Oil climbed higher in Asian trade Wednesday on expectations a widely monitored US report would show a drop in fuel stocks, analysts said.
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US stocks pushed higher by oil metal gains! (19 November 05:57) |
| US stocks posted modest gains Tuesday amid a rise in commodity prices, continuing to push major indices to their highest levels in 13 months.
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GM says 10000 jobs could go in European shake-up! (18 November 05:54) |
| US carmaker General Motors could cut between 9,000 and 10,000 jobs as part of its restructuring of its European operations, Nick Reilly, interim head of GM`s European business, said on Tuesd... |
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IPO processing time should be cut to 7 days SEBI! (18 November 05:54) |
| Market regulator Securities and Exchange Board of India (SEBI) Wednesday said it wants to bring down the time required for IPO processing to seven days from 20 days at present over the next ... |
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BRIC countries represent fundamental global economic shift! (18 November 05:54) |
| The rise of BRIC countries represents a fundamental shift in global economy and the developing world needs a legitimate seat at the table so that shared challenges are better addressed, a po... |
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Goldman Sachs Buffett to help small businesses! (18 November 05:54) |
| Goldman Sachs said Tuesday it is teaming with billionaire investor Warren Buffett to invest $500 million to provide thousands of small business owners across America with college scholarship... |
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EU GM to meet on Opel Spokesman! (18 November 05:54) |
| The EU commission has invited General Motors and EU economic ministers to meet in Brussels on Monday to discuss the future the US automaker`s Opel and Vauxhall plants in Europe, an EU spokes... |
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Swiss target Americans who hid 1mn francs at UBS! (18 November 05:54) |
| American clients who each hid more than 1 million Swiss francs in undeclared bank accounts with UBS AG between 2001 and 2008 could have their details turned over to the US government, Swiss ... |
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Tata Motors Q2 net up 110 to Rs 729cr! (18 November 05:54) |
| The country`s largest auto maker
Tata Motors on Tuesday posted over two-fold jump in its net profit
for the quarter ended September 30, 2009 at Rs 729.14 crore on
the back of cut in forex lo... |
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Were firm on strike from Nov 24 Air India pilots! (18 November 05:54) |
| A group of Air India pilots on Tuesday
said it was firm on a strike from November 24 as the national
carrier`s management was not serious in resolving outstanding
issues. |
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RIL eyes overseas buys to drive growth! (18 November 05:54) |
| Reliance Industries, India`s most valuable company, is eyeing overseas acquisitions, aggressive
exploration campaign and investments in petrochemicals to
drive growth, Chairman Mukesh Ambani... |
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Gas is not a private property of Ambani brothers Govt in SC! (18 November 05:54) |
| Government on Tuesday opened its arguments in the high-voltage gas row between the Ambani brothers in the SC asserting that any understanding reached between them was not binding on it as ga... |
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