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JPMorgan looking to sell 23 office properties

August 12, 2009 11:28:54 am

JPMorgan Chase & Co is looking to sell 23 office properties in what may be the country's largest office real estate sale this year.

Drought threat in 161 districts: Pranab

August 11, 2009 12:49:22 pm

Food production in the current fiscal is likely to go down as sowing will be 20 pct lower,FM said.

Average inflation for FY10 at 0.5%: CMIE

August 11, 2009 12:33:12 pm

The WPI was down in recent 7 weeks,and decline is expected to continue this year,CMIE said.

US recession seen ending in Q3

August 11, 2009 11:07:42 am

The worst US recession since the Great Depression will probably end in the third quarter.

GE sees tide coming in for water biz

August 11, 2009 11:00:44 am

The largest US conglomerate,General Electric,has taken about a decade to build its water unit.

New T-bills to allow more flexibility: Finance Secy

August 11, 2009 10:51:52 am

The govt said its plans to raise funds will provide more flexibility for its cash management.

FIIs hike holdings in 25 Sensex cos in Q1

August 10, 2009 4:34:42 pm

Realty major DLF saw the highest increase of over 9 pct in foreign holdings in the first quarter.

Rupee appreciates to 47.74 against dollar

August 10, 2009 10:33:33 am

The Indian rupee appreciated by 10 paise to 47.74 against the dollar in early trade.

Oil India IPO to hit market on Sept 7

August 8, 2009 2:57:38 pm

Oil India Ltd will hit the market with an initial public offering (IPO) on September 7.

Wall Street hits fresh 2009 highs

August 8, 2009 2:20:24 pm

US stocks surged to their best levels of the year after a much-awaited July jobs report was better than expected.

Bank employees to call off strike today: Pranab

August 7, 2009 3:36:03 pm

PSU bank employees are expected to call off their strike,FM told the Lok Sabha.

Rupee falls to 47.77 against dollar

August 7, 2009 11:12:59 am

Rupee dropped on Friday,falling for a second straight session,on early losses in sharemarket.

Govt identifies steel firms for stake sale

August 7, 2009 11:10:57 am

Govt has identified two PSU steel firms for stake sale,Steel Minister said without naming them.

AIG names Harvey Golub as chairman

August 7, 2009 11:03:41 am

AIG named former American Express CEO Harvey Golub as its nonexecutive chairman.

NYT hires Goldman to explore Boston Globe sale

August 7, 2009 10:58:58 am

The New York Times Co has enlisted Goldman Sachs to explore a sale of its New England Media Group.

ADAG questions DGH statement on gas-field cost validation

August 5, 2009 6:33:34 pm

Anil Ambani Group questioned oil field regulator DGH's statement that Reliance Industries' gas field expenditure has been validated.

RBI to issue new Rs 50,Rs 100 notes

August 5, 2009 5:36:37 pm

RBI will shortly issue Rs. 50 and Rs 100 denomination banknotes in both numbering panels in Mahatam Gandhi Series-2005.

TRAI puts new telecom licences on hold

August 5, 2009 3:04:41 pm

TRAI has asked govt not to issue licences until it decides whether there is a need for more players in the crowded market.

L&T seeks nod to sell Satyam stake

August 5, 2009 1:16:01 pm

L&T had built up a 12 per cent stake in Mahindra Satyam,before the sale of the company.

Oil field regulator rejects Anil’s charges on RIL

August 4, 2009 4:26:08 pm

DGH rejected Anil's charges that it had approved RILs Rs 45,000-cr exorbitant expenditure plan.

Reliance shifts fuel sales to Gulf,Europe

August 4, 2009 2:53:54 pm

RILs fuel exports shifted sharply,diverting fuel sales from Asia to the Gulf and Europe.

Barclays India wealth arm sees 25% growth

August 4, 2009 1:47:36 pm

The Indian wealth management unit of Britain's Barclays expects its business to expand 25% annually.

Exports to cross 1 lakh units in FY’10: Maruti

August 4, 2009 12:47:43 pm

Exports of small cars would be one of the major elements in the company's future growth strategy.

SC seeks reply from Samsung India on TDS

August 4, 2009 12:45:20 pm

SC has sought a reply from Samsung on the I-T dept plea that the firm is liable to deduct tax in respect of goods outsourced for manufacturing.

Bank of India cuts deposit rates by up to 50 bps

August 4, 2009 12:41:30 pm

State-owned Bank of India has slashed deposit rates across certain maturities by up to 50 basis points.

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