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News

Sugar prices up 20%: Time for govt to step in?

04:18 PM | 04 August

Sugar prices have risen so high due to a drought in the mid-central states. This drought has resulted to a rapid drop in surpluses. Brazil diversion t...
GVK Power eyeing 684MW capacity production by Q3  

03:34 PM | 04 August

Isaac George, CFO of GVK Power and Infrastructure said that the company is waiting for gas to commence commercial operations for the production of 684...
Tulip Tele confident of steady biz in future  

03:27 PM | 04 August

Hardeep Singh Bedi, MD, Tulip Telecom said that going forward as the company gets the fibre in place, he expects to see tremendous traction there. He ...
Re to remain rangebound in short-term: StanChart Bk  

01:35 PM | 04 August

Sundeep Bhandari sees Rupee at 43 to a dollar levels by the end of the year and said that in the short-term, it will remain rangebound. Bhandari sees ...
Cognizant sees traction in BFSI segment  

12:45 PM | 04 August

R Chandrasekhran, President and MD, Cognizant, said that the company has lowered its guidance as it’s uncertain about the future. The performance of t...
China’s Sinopec may bid to buy Imperial Energy

12:37 PM | 04 August

Reports suggest that China’s Sinopec has launched a bid to buy Imperial Energy. Imperial is already in talks with a possible offer of GBP12.90 per sha...
Moody's sees sharp slowdown in India growth  

11:17 AM | 04 August

Moody’s Corporation has said that the risks confronting Indian Economy have grown, reports CNBC-TV18 quoting Newswire18. It sees sharp deceleration in...
Margins to remain intact in near-term: HCL  

10:50 AM | 04 August

HCL Technologies has announced its fourth quarter results. The company's Q4 net loss at Rs 13.5 crore. The Management expects margins to remain intact...
Poor rain to hit pulses, cotton, sugarcane production  

10:28 AM | 04 August

Monsoons are one big concern for the markets. There were reports that rainfall has been poor but has the situation changed with rains the past week? I...
Daiichi defers open offer for Ranbaxy's additional 20%  

08:58 AM | 04 August

Daiichi Sankyo has deferred its proposed open offer to acquire an additional 20 per cent stake in Ranbaxy, citing a delay in approvals from market reg...
Crude at $126.01/bbl

08:53 AM | 04 August

Crude rose as a storm threatened US output in the Gulf of Mexico and Israel and US officials sought extra sanctions against Iran. Prices rose as US st...
I-T to focus on cos infusing Rs 50L fresh cap in FY08

08:46 AM | 04 August

Your company could face a tax scrutiny if it had introduced fresh capital exceeding Rs 50 lakh last fiscal, or, as in the tax lingo, during the previo...
Small, medium biz upbeat: HSBC study

08:41 AM | 04 August

Indian small and medium enterprises (SME’s) remain the most optimistic in terms of their economic outlook and employee recruitment among their Asian p...
Bank of India hikes domestic term deposit rates

08:39 AM | 04 August

Bank of India hiked the interest rates on domestic rupee term deposits of maturity of one year to less than two years and two years to less than three...
MRPL phase III expansion to be over by 2011

08:37 AM | 04 August

The third phase expansion project of Mangalore Refinery and Petrochemicals Ltd (MRPL) is likely to be completed by the end of 2011. ...
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