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Friday, October 30, 2020

‘Indian investors most optimistic in Asia’

April 16, 2009 3:31:43 pm

Indian investors have emerged as most optimistic lot in Asia in Q1 of FY10,a survey says.

Export-status of RIL refinery ends

April 16, 2009 2:24:35 pm

Reliance can now sell fuel locally including through its 1,432 now-closed petrol pumps.

Funskool aims to increase retail network by 10 pct

April 16, 2009 2:15:21 pm

Toy maker Funskool India is looking to increase its retail distribution network by 10 per cent this fiscal.

Spice Televentures to up stake in Spice Mobiles

April 16, 2009 11:36:07 am

Spice Televentures will acquire 32.13 million shares or 43.05 per cent of Spice Mobiles equity.

AIG may sell US auto unit to Zurich

April 16, 2009 11:31:50 am

A deal could be announced soon,the source said,but added that it had not been finalized.

eBay to buy Gmarket for up to $1.2 bn

April 16, 2009 11:27:25 am

eBay Inc offered to buy South Korean online retailer Gmarket Inc for up to $1.2 billion.

Satyam moves CLB for Tech Mahindra sale

April 15, 2009 4:53:33 pm

The IT company moved the Company Law Board to seek approval of its sale to Tech Mahindra.

ICAI miffed at Satyam stake sale

April 15, 2009 2:55:25 pm

ICAI was 'disappointed' that the deal was done even before Satyam's accounts were restated.

Mittal to transfer 50% of Kazakh oil field stake to OVL

April 15, 2009 12:56:16 pm

Lakshmi N Mittal has offered to sell half of his stake in a Kazakhstan oil field to state-run ONGC Videsh.

Pantaloon to realign cos; raise 1500 cr

April 15, 2009 11:44:52 am

It intends to complete in the next two months legalities for its plans to raise Rs 1,500 crore.

Infosys Q4 profit up 29%

April 15, 2009 9:44:03 am

Beating market forecasts,Infosys Technologies posted a 29% rise in quarterly profit.

Tech Mahindra joins top tier with Satyam

April 14, 2009 11:52:20 am

Before the scandal,Satyam was ranked India's 4th-largest and Tech Mahindra was 6th-largest.

UBS to cut 240 jobs in Asia-Pacific

April 14, 2009 11:37:02 am

Swiss bank UBS will cut 240 jobs in Asia-Pacific as Asian economies slow in a global financial crisis.

Goldman Sachs’ Q1 profit tops forecasts

April 14, 2009 10:18:47 am

Goldman Sachs' profit beat forecasts,a further sign that the worst may be over for financial firms.

Satyam’s bidding shows India’s strength: India Inc

April 13, 2009 3:33:34 pm

India Inc said the completion of bidding process for Satyam demonstrates the country's strength in dealing with complex corporate issues.

L&T to hold on to Satyam stake: CFO

April 13, 2009 12:28:09 pm

L&T,which has built up a 12 pct stake in Satyam Computer,plans to hold on to the stake.

Nokia launches N-Gage

April 10, 2009 4:55:57 pm

Nokia India announced the availability of its gaming service,‘N-Gage’ in India with additional games and an expanded online offering.

‘9 out of 10 Indian employees lack social security’

April 10, 2009 2:28:11 pm

OECD,a group of rich nations,has found that nine in 10 employees in India do not have a formal labour contract and social security benefits.

OVL,Reliance,IOC in talks for Venezuela project

April 10, 2009 1:36:03 pm

ONGC,RIL and IOC are coming together to bid jointly for a vast oilfield in Venezuela.

1st car to roll-out before summer 2010: Nissan

April 10, 2009 10:51:26 am

The 50:50 joint venture between Nissan and Renault at Oragadam near Chennai,will have a capacity to manufacture four lakh cars annually.

Chevron sees sharply lower Q1 profit

April 10, 2009 9:40:17 am

Chevron warned that first-quarter earnings would be sharply lower than the previous quarter.

Motorola ex-CFO says fired for doubting forecasts

April 10, 2009 9:34:13 am

The whistle-blower suit claims Liska tried to prevent executives from presenting the forecasts to the company's board and to credit rating agencies.

Sahara drags Jet to court,seeks Rs 2,000 crore

April 9, 2009 4:04:01 pm

Sahara an application in the Bombay HC alleging that Jet Airways had committed breach of contract in the takeover deal.

Cisco announces availability of its first simultaneous Dual-N band wireless router

April 9, 2009 3:10:06 pm

Cisco announced its first simultaneous Dual-N band router for the India market.

Govt approves allocation of RIL’s KG-D6 gas

April 9, 2009 3:02:04 pm

Govt approved allocation of 40 per cent of Reliance Industries Ltd's KG-D6 gas to the power sector.