Business News
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.
Mar 20, 2014
Regulator wants PSBs as ‘public shareholders’ in bourses Subscriber Only
At NSE, the public shareholding is at 57.48 per cent — well above the required level of 51 per cent.
Mar 20, 2014
FTIL not ‘fit and proper’ to hold equity in exchange: Sebi Subscriber Only
Regulator orders Jignesh Shah firm to sell stakes in 90 days.
Mar 20, 2014
Latest NSSO survey shows Haryana and Kerala as top spenders.
Mar 19, 2014
Nadella may unveil MS Office for iPad Subscriber Only
Nadella will address the media and industry executives in San Francisco on March 27.
Mar 19, 2014
Nokia’s Chennai plant likely to remain out of Microsoft deal Subscriber Only
Time runs out for Finnish phone-maker as deadline for buyout approaches.
Mar 19, 2014
Global stocks gain as Putin downplays Ukraine fears Subscriber Only
Those sanctions met with relief across financial markets as they failed to touch on Russia’s vital economic interests.
Mar 19, 2014
Since then, the Jignesh Shah-promoted National Spot Exchange Ltd (NSEL) has been in the eye of a controversy and is facing probes since it defaulted on payments of over Rs 5,600 crore to investors.
Mar 19, 2014
Index fund of PSU blue chips launched Subscriber Only
Long awaited CPSE-ETF is an open-ended scheme comprising of shares of 10 Central public sector enterprises, including ONGC, GAIL India and Coal India.
Mar 19, 2014
Polaris to de-merge products business Subscriber Only
As consideration for the demerger, every shareholder of Polaris will receive one share of Intellect.
Mar 19, 2014
FinMin cancels Irda order withdrawing third-party pool Subscriber Only
According to a top level source in one of the affected companies the new orders could come well after the elections are over.
ENS Economic BureauMar 19, 2014
BSE Sensex rises to lifetime intra-day high, closes up 22.81 points.
Mar 18, 2014
BSE Sensex hit record high; foreign buying boosts blue chips Subscriber Only
BSE Sensex rose as much as 1.1 per cent to an all-time high of 22,040.72 points
Mar 18, 2014
Markets take in stride Crimea vote to join Russia Subscriber Only
Investors said much of the Ukraine-related selling in equities happened in the run up to Sunday’s vote.
Mar 18, 2014
Vodafone in $10 billion deal to buy Spain’s Ono Subscriber Only
Vodafone said the deal would enable it to offer a combination of mobile and fixed-line telephony, pay-TV and broadband in one of its largest European markets.
Mar 18, 2014
Reliance Jio in pact with Viom for towers Subscriber Only
Reliance Jio Infocomm, the telecom arm of Reliance Industries, will use Viom Networks’ tower infrastructure to roll out services across the country. The company would use Viom Networks’ over 42,000 telecom towers to provide services,
Mar 18, 2014
Toyota workers seek Karnataka govt intervention on wage issue Subscriber Only
Toyota Kirloskar Motor, subsidiary of Toyota Motor Corp, had on Sunday declared a lockout at its two manufacturing plants at Bidadi.
Mar 18, 2014
Loan recast proposals inch to Rs 4lakh cr mark Subscriber Only
The RBI has also made it clear that the existing “regulatory forbearance” would no longer be available from April 1, 2015.
Mar 18, 2014
Top 24 defaulters owe bank R2,088 crore Subscriber Only
Beleagured United Bank of India has among its big defaulters names such as Lanco Infratech, Bharati Shipyard, Varun Industries and Electrosteel Integrated.
Mar 18, 2014
None of FinMin nominees have any banking sector experience
SurabhiMar 17, 2014
Education loan gets a big boost Subscriber Only
Nearly nine lakh borrowers stand to benefit from the Interim Budget 2014-15.
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