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  • FII responds to taxman on taxable P-notes  

    20th May, 2008 21:13

    Last week the taxman is believed to have sent a notice to FIIs saying that henceforth their income from P-notes would be taxable. Now, CNBC-TV18 learns that one FI

  • Bharti-MTN deal unlikely to close by week-end: Srcs 

    20th May, 2008 20:43

    India's biggest cross border M&A deal could take a while to be ironed out. CNBC-TV18 has learnt that contrary to speculation, talks between Bharti Airtel and MTN a

  • RBI nod for HDFC Bank, CBoP merger

    20th May, 2008 20:02

    The Reserve Bank of India, or RBI, has approved HDFC Bank and Centurion Bank of Punjab's scheme of amalgamation, reports CNBC-TV18. All branches of CBOP will funct

  • Now, get insurance while shopping! 

    20th May, 2008 19:58

    India's newest insurer, Future-Generali, has approached the Indian insurance market in a unique way through "mall assurance". So, you can insure your home or car,

  • WTO asks India to cut agri tariffs by 70%: Commerce Min 

    20th May, 2008 19:55

    The Commerce Ministry says there are more points of convergence in the revised agricultural WTO text, reports CNBC-TV18. "The WTO agricultural text asks India to c

  • Citi shuts UK BPO biz

    20th May, 2008 19:51

    Citigroup has announced plans to shut its UK BPO business Future Mortgages and 49 Citifinancial branches. It wants to exit from sub-prime lending in Britain, which

  • DRL targets 25% rev growth in FY09 

    20th May, 2008 19:35

    Satish Reddy, MD, Dr Reddy's Labs said that dependence on SALUTAS has significantly reduced, especially in the last quarter. He expects the company to grow at 25%

  • Unity bags orders worth Rs 383cr from HSRDC

    20th May, 2008 18:45

    Unity bags orders worth Rs 383 crore From HSRDC. A contract worth Rs 142.62 crores was awarded to Unity for widening and upgradation of Rai Nahra Bahadurgarh Road

  • Cairn India adds 24 lakh shares in OI 

    20th May, 2008 18:37

    The total NSE F&O turnover was Rs 33,000 crore, which is even lower than last weeks average of about Rs 37,000-38,000 crore. Cairn India added 24 lakh shares in o

  • Whirlpool of India reports net PAT of Rs 32.3cr for FY07-08

    20th May, 2008 18:18

    Whirlpool of India, a subsidiary of Whirlpool Corporation, the Worlds No. 1 Home Appliances Company, today reported a net Profit after Tax of Rs. 32.3 crores for

  • WPI to moderate on monetary, fiscal steps: RBI

    20th May, 2008 18:08

    RBI Governor YV Reddy said the central bank would act swiftly on local, global economic adversities, reports CNBC-TV18. "The recent emphasis is on liquidity manage

  • Bafna Pharmaceuticals IPO to open on May 27

    20th May, 2008 18:01

    Bafna Pharmaceuticals Limited, multi-product pharmaceutical formulations company in diverse therapeutic segments, is entering the capital market with its initial

  • India Biz Excellence Fund invests in Rajasthan NBFC

    20th May, 2008 17:53

    Motilal Oswal managed India Business Excellence Fund invests in leading Rajasthan based NBFC

  • Buy Titagarh Wagons: K Kotak 

    20th May, 2008 17:41

    Kamlesh Kotak of Asian Market Securities is of the view that one can buy Titagarh Wagons for long term. It is an excellent recent real estate company mainly into w

  • Stocks to watch: Videocon, Titagarh Wagons 

    20th May, 2008 17:34

    Rajat Bose of rajatkbose.com said the fall in markets is inline with internationally. Rajat Bose of rajatkbose.com is positive on Videocon. Kamlesh Kotak, VP-Resea

  • PSU banks to continue farm loans despite rising defaults 

    20th May, 2008 20:54

    The dilemma between commercial banking and toeing the line of their shareholder i.e the government, is not restricted to State Bank of India, or SBI. A bunch of PS

  • Bharat Forge forms holding co to unlocking value 

    20th May, 2008 20:25

    Bharat Forge-the world's second largest forging company has embarked on a new strategy to unlock value. It has formed a holding company towards achieving this targ

  • Areva T&D plans to invest Rs 700cr in next 2-3 yrs

    20th May, 2008 20:00

    Areva T&D plans to invest Rs 700 crore in the next 2-3 years, reports CNBC-TV18. About 50% of investment will be through internal accruals, while the remaining wil

  • Furnish details of discussions with BIAL: HC to govt

    20th May, 2008 19:57

    The Vacation Bench of the Karnataka High Court has asked the Union of India to furnish details of deliberations with Bangalore International Airport, or BIAL, repo

  • Agri sector NPAs have risen in past yr: SBI 

    20th May, 2008 19:51

    OP Bhatt, Chairman, SBI, said the banks NPAs in the agriculture sector have risen significantly in the past year. "There are pockets in the country where there ar

  • IL&FS sees mkt at 18k in 2-3 months 

    20th May, 2008 19:50

    Vibhav Kapoor of IL&FS sees the Sensex trading in the 15,000-18,000 band. He told CNBC-TV18, On the upside, 18,000 is the limit, which the market can go to in the

  • Suzlons annual revenues up by 71%

    20th May, 2008 18:53

    Suzlons annual revenues up by 71%. Profit after tax before exceptional items stood at INR 1168.32 crore. Exceptional items consist of INR 65.46 crore for site res

  • Ctrl S and IBM sign MoU

    20th May, 2008 18:37

    Ctrl S Data Centers Ltd., the Pioneers in Tier IV data center In India, today announced the signing of a Memorandum of Understanding (MoU) with IBM. Under the term

  • DAMAC Properties to deliver over 2300 units in 2008

    20th May, 2008 18:27

    DAMAC Properties to deliver over 2300 units in 2008, additional 7100 units in 2009/10

  • Archidply Industries gets SEBI go-ahead

    20th May, 2008 18:09

    Archidply Industries Limited, manufacturers of comprehensive engineered interior products which include Plywood, Block Board, Plain and Pre Laminated Particle Boar

  • See aluminium prices at $2,700-2,900/tn in FY09: Nalco

    20th May, 2008 18:07

    Nalco has hiked aluminium prices by Rs 8,000 per tonne, reports CNBC-TV18, quoting agencies. The company says it has raised prices on strong LME trend, reports New

  • Not dependent on SALUTAS any more: DRL 

    20th May, 2008 17:57

    GV Prasad, VC & CEO, Dr Reddy's Labs said it is not dependent on SALUTAS any more, reports CNBC-TV18. "We will see improvement in the coming quarters. The Custom P

  • Tadiran Telecom announces unified communication Solns

    20th May, 2008 17:45

    Tadiran Telecom announces Unified Communication Solutions for Indian Enterprises. The market for Unified Communications (UC) is expected to be $50 billion worl

  • HSBC wins Canara Robeco Mutual Fund mandate in India

    20th May, 2008 17:38

    HSBC Securities Services has won the outsourced fund administration mandate for a leading fund manager - Canara Robeco Asset Management Company (AMC). With assets

  • Crude to touch $130/bbl soon: Normans Martin 

    20th May, 2008 17:33

    Ram Pitre, COO, Normans Martin said the trend is bullish at the moment. He told CNBC-TV18 that if crude remains above USD 126.14 per barrel for the day, it can tou

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