Business News
ENS Economic BureauMar 15, 2014
The Centre plans to complete the Axis Bank stake sale through a Specified Undertaking of the Unit Trust of India (SUUTI) by March 24-25.
Mar 15, 2014
Experts to Maruti: De-list or give in to investors’ pressure Subscriber Only
It is learnt that the top officials of the company have been seeking advice on the issue.
Press Trust of IndiaMar 15, 2014
India-born Rajeev Suri may take over as Nokia CEO Subscriber Only
Nokia said its longstanding policy is not to comment on media speculation.
Mar 15, 2014
SC rejects Nokia appeal over asset transfer to Microsoft Subscriber Only
The I-T department had sought a direction to stop the transfer of Nokia’s Chennai plant assets to Microsoft pending resolution of the tax dispute.
Mar 15, 2014
Pillai quits MCX-SX as CBI probes bourse licence Subscriber Only
The board of MCX-SX dismissed speculative reports claiming that several board members are likely to put in their resignations.
Mar 15, 2014
Malicious campaign: Sahara Subscriber Only
The Sebi is maligning Sahara’s name by stating that there are no depositors.
Mar 15, 2014
US lifts ban blocking BP from govt contracts Subscriber Only
BP is one of the largest suppliers of fuel to the US government, including to the military, holding contracts worth more than $1.34 billion.
Mar 15, 2014
During the arguments, CBI said they were opposing the plea filed by Loop Telecom but the probe agency would abide by the order passed by the court.
Mar 15, 2014
Ex-bureaucrats criticise CBI’s action; support Abraham, Bhave Subscriber Only
Both Bhave and Abraham have an unblemished record Vinod Rai, Former CAG.
ENS Economic BureauMar 15, 2014
CPSE-ETF is an open-ended scheme comprising 10 major PSUs such as ONGC, Gail and Coal India.
Mar 15, 2014
Inflation falls to 9-month low; rate cut hopes rise Subscriber Only
Prices of primary articles, fuel and power drop significantly.
Mar 15, 2014
SC notice to Centre, Ranbaxy on plea for cancelling its licence Subscriber Only
Ranbaxy insisted drugs sold by it in the Indian market are safe and effective and the company complies with country’s regulations.
Mar 14, 2014
Inflation eases to 9-month low of 4.68% in Feb Subscriber Only
The Reserve Bank Of India is scheduled to announce the next monetary policy on April 1.
Mar 14, 2014
Global markets capped by China data, Ukraine woes Subscriber Only
The MSCI All-Country World index edged up 0.1 per cent, not far from an eight-day low hit on Thursday.
Mar 14, 2014
‘India could need 1,600 aircraft in 20 yrs’ Subscriber Only
Passenger airlines in India will mostly rely on single-aisle airplanes, comprising almost 83 per cent of the total fleet.
ENS Economic BureauMar 14, 2014
Apology comes from staff who were dismissed for reporting late.
Mar 14, 2014
Commerce Min in favour of 100% FDI in e-comm Subscriber Only
Carrefour has been present in India since 2010 in wholesale cash and carry segment and has five stores across the country.
Mar 14, 2014
Infosys shares sink 8.5% after Murthy comments Subscriber Only
Infosys also suffered unanticipated cancellations and some projects were slowed down because of a lack of workers with relevant skills.
Mar 14, 2014
Maruti institutional investors move Sebi Subscriber Only
The group of 16 investors has already written two letters to the board of Maruti Suzuki India registering their grievance.
Mar 14, 2014
Last June, the Central Bureau of Investigation questioned two PMO officials on how decisions were taken in the allotment of coal blocks and the role of the PMO.
Mar 14, 2014
USFDA bans import from Sun Pharma facility in Gujarat Subscriber Only
The company’s Karkhadi facility manufactures antibiotics and active pharmaceutical ingredients (APIs). Sun Pharma has 10 manufacturing sites in India.
Mar 14, 2014
FTIL, MCX stocks fall over 4% Subscriber Only
The market was agog with rumours that some of the directors MCX Stock Exchange — promoted by MCX and FTIL — are likely to step down in the wake of the latest CBI action.
Mar 14, 2014
Nod to MCX-SX: CBI files PE against ex-Sebi chief Bhave Subscriber Only
Questions Sebi move to grant permit to the bourse in 2008.
Mar 13, 2014
China concern hits stocks; copper rebounds from near 4-year low Subscriber Only
Signs of progress in diplomatic attempts to ease tensions surrounding Ukraine helped equities pare earlier declines.
Mar 13, 2014
Public sector banks field brand ambassadors to take on bad loans Subscriber Only
Sachin Tendulkar was the brand ambassador for Royal Bank of Scotland in 2008.
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