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  • MF NAVs end on strong note as mkts gain

    14th May, 2008 23:21

    It was a strong closing for equity diversified NAVs with positive advance:decline ratio of 195:22 as the markets closed the session on a strong note and near day's

  • Rains to hit coast of Kerala on May 29: Met

    14th May, 2008 20:37

    The monsoons are likely to reach India a week earlier than last year, reports CNBC-TV18. The Met department has forecast that rains are likely to hit Kerala's coas

  • B'lore Airport to open on May 22

    14th May, 2008 20:05

    Bangalore Airport will open on May 22, reports CNBC-TV18. The first landing at 20:00 hours and the first departure is at 00:00 hours of May 22-23.

  • Cement cos to cut prices in some states: Govt  

    14th May, 2008 19:50

    The government said that cement companies will cut prices from Rs 3-7.5 per bag in some states, reports CNBC-TV18. The cement price cut will come into effect immed

  • SBI, GE Money to expand partnership beyond credit cards

    14th May, 2008 19:26

    SBI and GE Money Unveil Strategic Plans to Expand Partnership to Grow Beyond Credit Cards. The SBI Card JV will continue to operate, as it has since the partnershi

  • NCDEX-Trade details for May 14, 2008

    14th May, 2008 19:20

    NCDEX, 479 members (2,255 users) participated in trading on May 14, 2008 up to 5:00 pm and volumes were Rs 1,646 crore (one-way). There were more than 50,608 tra

  • Infosys BPO is COPC-2000 CSP Standard Certified

    14th May, 2008 18:54

    Infosys BPO, the business process outsourcing subsidiary of Infosys Technologies, today announced that it has been certified to COPC-2000® CSP Standard Version 4.1

  • Ignore oil marketing company: S Purushottam 

    14th May, 2008 18:42

    Sangeeta Purushottam of Religare Securities is of the view that one should ignore oil marketing company. Oil exploration companies are safer bet, he added.

  • Left will not pull down govt over nuke deal: Bardhan 

    14th May, 2008 18:04

    AB Bardhan, General Secretary of the Communist Party of India, said the Left will not pull down the government over the nuclear deal, reports CNBC-TV18. However, i

  • FM inaugurates PNB’s 1st micro finance branch

    14th May, 2008 17:55

    Finance Minister inaugurates PNB’s 1st micro finance branch. The branch is fully computerized, equipped with all modern banking facilities such as ATM, lockers,

  • Mkts likely to be rangebound for near-term: Religare Secs 

    14th May, 2008 17:44

    Sangeeta Purushottam, Head-Institutional Business, Religare Securities said the markets lack clear triggers and economic factors are a matter of concern. The marke

  • Midcap IT funds underform benchmark indices 

    14th May, 2008 17:36

    IT indices have underperformed the benchmark indices. While the BSE IT Index has grown about 10.4% in the last one-month and BSE Tech Index by about 6.8%, IT Mutua

  • Perot Systems acquires Original Solutions

    14th May, 2008 17:29

    Perot Systems Corporation announced that it has acquired Original Solutions Limited (Original Solutions), a professional IT services firm providing applications de

  • Find a job for your friend & get rewarded with i-mint pts

    14th May, 2008 17:14

    imint, India’s first multi-partner consumer rewards program pioneered by Loyalty Solutions & Research Limited (LSRL) has entered into a partnership with Global Tal

  • CARE Hospitals extends its footprints to Gujarat

    14th May, 2008 17:10

    CARE Hospitals extends its footprints to Gujarat, Narendra Modi to inaugurate 110-bed multi-specialty hospital. CARE Group of Hospitals, the fourth largest healthc

  • Will HP-EDS deal give sleepless nights to Indian IT majors? 

    14th May, 2008 20:44

    It's going to be tough times for the Indian IT industry. According to analysts, the HP-EDS deal comes as a wake-up call for the Indian IT sector. Armed with the se

  • Aditya Birla Group to launch 2 new retail formats 

    14th May, 2008 20:32

    The Aditya Birla Group is betting big on garment retail. The company that has brands such as Peter England and Louis Phillipe is launching two new retail formats.

  • Crude hits record high of $126.98/bbl 

    14th May, 2008 19:59

    Crude is hovering near USD 126 per barrel, after briefly touching a new intra-day record of USD 126.98 per barrel, after the Iranian President said a proposal to r

  • Bharti Retail betting on private labels

    14th May, 2008 19:28

    As India is all set to become the sixth largest retail market by 2012, Bharti Retail is betting on private labels and plans to have as many as 300 SKUs in food and

  • Indian oil cos making a loss 

    14th May, 2008 19:22

    The FinMin on May 13 agreed to take up half of the losses that OMCs make through oil bonds. Insiders say that for every Rs 100 that oil marketing companies receive

  • Principal launches FMP 91 Days- Series XIV

    14th May, 2008 19:09

    Principal PNB AMC announced the launch of their closed ended debt scheme- Fixed Maturity Plan 91 Days- Series XIV. This fund is open for subscription from May 14,

  • Indian Economy at par with Chinese

    14th May, 2008 18:47

    Dr. Montek Singh Ahluwalia launches ‘Billions of Entrepreneurs – How China and India are reshaping their future and yours’ authored by Tarun Khanna – Professor Har

  • Kishore Bhatija appointed new CEO of Inorbit Mall

    14th May, 2008 18:14

    Mr. Kishore Bhatija has been appointed as the new Chief Executive Officer of Inorbit Mall, owned by Real Estate and Retail giant K Raheja Corp.

  • Rupee, bonds close lower 

    14th May, 2008 18:04

    The spot rupee ended lower at Rs 42.44 per USD as against its previous close of Rs 42.10. The widely traded 8.24%, 2018 paper closed lower at Rs 102.75 as against

  • Virgin Mobile appoints Madhusudan Mandyam as CEO

    14th May, 2008 17:49

    Virgin Mobile India, a joint venture between Virgin Group and Tata Teleservices, announced that it has appointed Mr. Madhusudan Mandyam as its Chief Executive Offi

  • Worldwide IT services revenue grew 11% in 2007:Gartner

    14th May, 2008 17:42

    Worldwide IT services revenue totaled $748 billion in 2007, a 10.5 percent increase from 2006 revenue of $677 billion, according to Gartner, Inc.

  • Bharti Airtel & Cisco to launch Managed MPLS Services

    14th May, 2008 17:35

    Bharti Airtel, India’s leading telecom services provider, announced the launch of Managed MPLS Service in partnership with Cisco. This service is the first of a se

  • Burning rubber: Nissan to launch 60 models by Mar 2012 

    14th May, 2008 17:19

    These are the days when thinking small is important to grow bigger, that's what Japan's 3rd largest carmaker Nissan seems to believe. Nissan's latest business plan

  • Mkt may trade rangebound around 4,900-5,300: Experts 

    14th May, 2008 17:10

    The markets put on an impressive show of strength. There was strong buying interest in stocks across sectors powered the markets higher. Technical Analyst Ashwani

  • Short crude only if it closes below $120/bbl: Kaycee Com 

    14th May, 2008 17:05

    According to Kaushal Jaini, Asst. Vice President, Kaycee Commodity Services, crude does not seem to be having a shorting time at current levels. But certainly if i

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