WEB NEWS - Page 1508

RComs unit files initial prospectus for IPO in SingaporeSubscriber Only

July 6, 2012 01:15 IST

Reliance Communications today said it has filed a preliminary prospectus with the regulator Monetary Authority of Singapore for listing its undersea unit,Flag Telecom,in Singapore

Mines Min wants PAPs given shares of mining companiesSubscriber Only

July 6, 2012 01:15 IST

The mines ministry has told a Parliamentary Standing Committee on Coal and Steel that it is imperative to compensate the project affect persons

Mutual funds outperform Sensex in first half of 2012Subscriber Only

July 6, 2012 01:14 IST

Mutual Funds seem to have made the most of the spurt in the stock markets in the first half of the calendar 2012

There is scope to cut borrowings:GopalanSubscriber Only

July 6, 2012 01:13 IST

Singalling its readiness to put its finances on track,the Union government hinted at reducing its borrowings

Slowdown hits SMEs the hardestSubscriber Only

July 6, 2012 01:12 IST

Burdened by rates and lack of working capital are forcing SMEs to down their shutters.

Workmen may exclude airline pilotsSubscriber Only

July 6, 2012 01:11 IST

Labour Ministry rethinking classification of workmen to exclude high-paying jobs

Indian on the RoadSubscriber Only

July 6, 2012 01:11 IST

A musical tour is not about groupies and champagne,instead its about taking ones music to faraway lands and sharing festive dinners and smoke saunas with strangers

Tao Of FlexSubscriber Only

July 6, 2012 01:05 IST

A 93-year-old Puducherry-born yoga teacher sets an amazing record

Cloud market nearing 1 bn in IndiaSubscriber Only

July 5, 2012 21:29 IST

The overall Indian market for cloud-- both public amp; private -- has grown steadily to reach USD 860-912 million in calendar year 2011,according to market advisory firm Zinnov Management Consulting.

Union Bank slashes interest rate on agri loans up to 175 bpsSubscriber Only

July 5, 2012 21:26 IST

In an effort to boost credit flow to agriculture,Union Bank of India today announced interest rate cut for various categories under agriculture by up to 175 basis points.

Suicides scan on France Tele ex-bossSubscriber Only

July 5, 2012 21:22 IST

Ex-head of the company was placed under investigation over a spate of suicides there.

Retail stocks surge over 14Subscriber Only

July 5, 2012 21:19 IST

Shares of retail companies soared on reports that govt may allow FDI in multi-brand retail.

Corp debt restructuring up 3x Rs 68k crSubscriber Only

July 5, 2012 21:11 IST

There is a clear indication of growing financial difficulties for corporates.

Customer-friendly savings bank deposit rates must: RBISubscriber Only

July 5, 2012 20:56 IST

The Reserve Bank wants larger banks to come out with customer-friendly interest rate policies following the deregulation of savings bank rate like their smaller counterparts in the private sector.

8217;49 lakh debtors default on Rs 1 lakh cr8217;Subscriber Only

July 5, 2012 20:52 IST

49 lakh debtors defaulted on loans of Rs 1 lakh cr from various banks; SBI tops: RTI

Murthy-led iCreate,Technion ink MoUSubscriber Only

July 5, 2012 20:44 IST

iCreate signed a MoU with 'Technion' for cooperation in entrepreneurship,innovation,tech.

Mahindra fastest growing brand in South AfricaSubscriber Only

July 5, 2012 20:40 IST

Mahindra South Africa MSA has been named the fastest growing automotive brand in South Africa in terms of sales growth in the passenger car and light commercial vehicle LCV segments in the first five months of this year.

Renault to unveil sedan before DiwaliSubscriber Only

July 5, 2012 20:36 IST

After launching its SUV Duster,auto major Renault is planning to unveil its sedan before Diwali,a top company official said today.

Gold price spurts,silver also hardens on bullish global cuesSubscriber Only

July 5, 2012 20:33 IST

Gold prices spurted at the domestic bullion market today on higher off-take from stockists and investors in the backdrop of bullish global trend.

Government bonds react downwards,while call rate recoversSubscriber Only

July 5, 2012 20:31 IST

The government bonds reacted downwards on heavy selling pressure from banks and corporates,while call rates recovered at the overnight call money market here today on fresh demand from borrowing banks.

Rupee weakens by 48 paise vs US dollar to close at 54.97Subscriber Only

July 5, 2012 20:28 IST

Falling for the second straight day,the rupee today lost 48 paise to close at 54.97 against the US dollar on heightened demand of the US currency from importers despite robust fund flows into stocks.