Business News
Mar 22, 2014
Strauss-Kahn seeks to start $2 bn hedge fund Subscriber Only
The DSK Global Investment Fund is a “global macro fund,” and is “as plain vanilla as it gets,” Zeidan added.
Associated PressMar 22, 2014
Microsoft says it snooped on Hotmail to track leak Subscriber Only
Firm searched emails to track down who was leaking company secrets.
Mar 22, 2014
Online sleuths had noticed the same amount of Bitcoin moving through the crypto-currency exchange after the bankruptcy filing.
Mar 22, 2014
World markets recover on upbeat US economic data Subscriber Only
In the US, the Dow was up 0.6 per cent at 16,428.96 and the broader S&P 500 was up 0.4 per cent at 1,880.04.
Mar 22, 2014
‘RBI yet to adopt inflation targeting, talks on with govt’ Subscriber Only
Rajan says RBI exploring recommendations of Urjit Patel report.
Mar 22, 2014
Yellen’s off-script moment may give good read on Fed policy Subscriber Only
The Fed chief said on Wednesday that the central bank may only wait six months after ending its bond buying to raise rates.
Mar 22, 2014
Govt mops up R8,500 crore in divestment drive Subscriber Only
While foreign investors put Rs 750 crore, anchor investors contributed Rs 850 crore to the ETF, merchant bankers said.
Mar 22, 2014
No differences with Rajan: Chakrabarty Subscriber Only
The 62-year old career banker, who had opted to quit RBI ahead of the scheduled date of June 15, 2014, said he had already informed RBI governor Raghuram Rajan about his retirement plans and would
Mar 22, 2014
Firm says it considers claim to be completely without merit. Files writ in Madras High Court to contest the claim.
Mar 22, 2014
Bhave still awaits outcome of probe by income tax dept Subscriber Only
CBI has recently filed preliminary enquiry against former Sebi chief.
Mar 21, 2014
Sebi to revise intermediaries fee to fund investor awareness Subscriber Only
It is expected that Sebi will revise the registration fee and other fee for stock exchanges, mutual funds, brokers and other intermediaries.
Mar 21, 2014
RBI to infuse more liquidity into system Subscriber Only
Besides, the central bank also announced repurchase auction of government securities up to Rs 5,000 crore.
Mar 21, 2014
Infosys sees another big exit: Kakal quits as senior VP Subscriber Only
Kakal had joined the Infosys in 1999.
Mar 21, 2014
CCI group speeds up R3.67 lakh cr worth of projects Subscriber Only
More investments could flow in with the environment ministry clearing 26 projects worth Rs 2 lakh crore since early this year.
Mar 21, 2014
FDI inflow up 1.5% at $2.18 bn in January Subscriber Only
The maximum inflow was witnessed from Mauritius, having a share of 37 per cent of the total inflows.
Mar 21, 2014
SpiceJet suspends 2 pilots for violating safety rules Subscriber Only
Move after DGCA issues showcause notice to airline.
ENS Economic BureauMar 21, 2014
Foreign institutional investors hold 43.18 per cent in the lender as on quarter ending December 2013, stock exchange data showed.
Press Trust of IndiaMar 21, 2014
The union of the firm has been demanding a wage hike of Rs 4,000 as against Rs 3,050 proposed by TKM.
Mar 21, 2014
Rupee’s fall was, however countered through dollar flows into the market in late trade, mainly because exporters sold substantial amount of the greenback, according currency dealers.
ENS Economic BureauMar 21, 2014
States ‘personal reasons’ for the sudden move.
Amitav RanjanMar 21, 2014
RIL, not partners, to get revised price for KG-D6 gas Subscriber Only
If it is proved that RIL deliberately produced less gas from KG-D6, the bank guarantee will be encashed depriving RIL of the incremental revenue.
Leela PrasadMar 20, 2014
The numbers story: Having a Ph.D as your MP does not improve literacy rates. Here is why Subscriber Only
Out of the 543 MPs in Parliament, 149 of them are post graduates and 25 members hold doctorates.
Mar 20, 2014
Reserve Bank allows more banks to import gold Subscriber Only
The government also increased customs duty on gold to 10 per cent from 4 per cent to discourage imports.
Mar 20, 2014
TCS warns of weak Q4 earnings, stock dips to 3-month low Subscriber Only
Outlook also drags down other IT stocks.
Mar 20, 2014
US stock prices fell after the statement was released, while yields on US government debt rose.
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