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  • Satyam-Maytas deal legally sound: Expert 

    16th December, 2008 22:08

    Somasekhar Sundaresan, Partner, JSA Advocates & Solicitors feels that the deal is more of a shareholders' issue and not a legal one. "The key issue to consider is

  • Buyout justified; valued Maytas via fair methods: Satyam 

    16th December, 2008 21:28

    Satyam Chairman and Founder B. Ramalinga Raju said that they have valued Maytas using fair methodology. He sees good growth prospect and fairly good case for the a

  • Stay away from private sector banks: Tandon 

    16th December, 2008 20:35

    Anand Tandon of Brics Securities is of the view that one should stay away from private sector as frontline banks, barring ICICI, are extremely expensive even today

  • US markets open higher: Dow up 78 points

    16th December, 2008 20:13

    US markets have opened higher. The Dow Jones Industrial Average is up 77.66 points or 0.91% at 8,642.19. The Nasdaq up 23.72 points or 1.57% to 1,532.06 and S&P 50

  • Bajaj Auto, Yes Bank, Idea announce Q3 tax nos

    16th December, 2008 19:56

    According to CNBC-TV18 sources, Ambuja Cement’s Q3 Advance Tax (YoY) stands at Rs 140 crore versus Rs 185 crore. Bajaj Auto’s Q3 advance tax (YoY) is at Rs 105 cro

  • Support for Gold at USD 800: Anagram

    16th December, 2008 19:21

    According to Anagram Research's report, Gold has support at USD 800 and resistance at USD 830 and USD 850. Silver has resistance at USD 10.7.

  • Goldman Sachs Q4 loss at $2.1 bn

    16th December, 2008 19:01

    Goldman Sachs has announced its fourth quarter numbers. It has reported a loss of $2.1 billion in the fourth quarter that is a loss of $4.97 per share.

  • Satyam-Maytas deal: ADRs hit; Templeton, CLSA unhappy

    16th December, 2008 18:57

    Satyam Computer will acquire 51% stake in Maytas Infra and a 100% stake in Maytas Properties. Reacting to Satyam Computer’s move CLSA said that the deal will likel

  • Satyam to acquire stake in Maytas Properties & Maytas Infra

    16th December, 2008 18:46

    Satyam Computer Services Ltd. (NYSE:SAY), a leading business and information technology services provider, today announced that its Board of Directors has approved

  • Property seekers in Mumbai choose rent against buying

    16th December, 2008 18:36

    In an effort to map the effects of the slowdown on the Indian real estate sector,, People Group's fastest growing online real estate portal has been kee

  • TIE Entrepreneurial Summit: SMEs await 2nd stimulus pkg 

    16th December, 2008 18:29

    It's the first day of the TIE Entrepreneurial Summit in Bangalore which has been a representation of industry leaders across the board. At the TIE Entrepreneurial

  • FIIs net buy USD 59.3 mn in equity on Dec 15

    16th December, 2008 18:25

    FIIs were net buyers to the tune of USD 59.3 million in equity on December 15, 2008, reports CNBC-TV18.

  • IDBI Fortis Life Insurance launches Group Microsurance Plan

    16th December, 2008 18:15

    IDBI Fortis Life Insurance Co Ltd, one of the fastest growing private life insurance companies of the country launches yet another unique product – Group Microsura

  • ULIP charges to get simpler 

    16th December, 2008 17:59

    Finally consumers may not be caught in the maze of ULIP charges. Life Insurance Council is almost ready and is set to submit the proposal for standardisation of ch

  • LANXESS launches new tanning material

    16th December, 2008 17:57

    The specialty chemicals group LANXESS AG has developed a new, sulfone-based synthetic tanning material with outstanding fastness and other properties.

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