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  • AIG denies liability insurance to Satyam 

    31st March, 2009 22:22

    Satyam's legal liabilities might weigh heavily on the company's pockets. The word on the street is that its directors and officers liability insurance claim has be

  • HCC puts break on capex plans 

    31st March, 2009 21:53

    While the economic slowdown continues, companies are becoming conscious of spending. CNBC-TV18 learns, that construction major Hindustan Construction Company has p

  • Use any ATM at no extra cost from April 1 

    31st March, 2009 21:43

    Starting tomorrow morning, you can use any bank's Automated Teller Machine (ATM) free of charge. Thanks to a Reserve Bank of India (RBI) directive, banks will not

  • Madras HC appoints official liquidator for Subhiksha 

    31st March, 2009 21:27

    The Subhiksha saga gets even murkier as the Madras High Court (HC) appoints an official liquidator. This order comes as a response to a winding up petition filed b

  • Use micro fin model to fuel eco activity: Muhammad Yunus 

    31st March, 2009 20:49

    Nobel Laureate Muhammad Yunus Founder of Grameen Bank said the micro-finance model of financial inclusion is the best answer to a financial crisis that has impacte

  • Daiichi Sankyo, Ranbaxy unite to deal with US FDA 

    31st March, 2009 19:39

    Japanese drug major Daiichi Sankyo and Ranbaxy are now putting a substantial step forward in dealing with the US FDA, reports CNBC-TV18 quoting sources.

  • FIIs net buy of Rs 800 cr in equities in Mar '09

    31st March, 2009 19:04

    In the month of March so far, Foreign Institutional Investors were net buyers to the tune of Rs 800 crore in the equities. In this calendar year till date, March ’

  • MFs net buy of Rs 850 in Mar '09

    31st March, 2009 18:51

    In the month of March so far, Mutual Funds were net buyers to the tune of Rs 850 crore in the equities. In this calender year till date, March ’09 was only the mon

  • Accumulate Pfizer, target of Rs 652: Prabhudas Lilladher

    31st March, 2009 18:22

    Prabhudas Lilladher has maintianed its accumulate rating on Pfizer with a price target of Rs 652. Pfizer’s Q1FY09 results were better than expectations due to stro

  • Rupee has support at 50.20/50.30: Commtrendz

    31st March, 2009 18:11

    According to Commtrendz Research's report on Indian Rupee, immediate supports are at 50.20/50.30 followed by 49.8/49.90. Immediate resistance falls around 50.9/51

  • Near-term outlook for mkts uncertain, buy on dips: Experts 

    31st March, 2009 17:35

    Experts like Ajay Loganadan of HSBC Private and Sajiv Dhawan of JV Capital Services expect the markets to trade in a band for the next couple of months. Both feel

  • Dark clouds surround realty sector in FY10 

    31st March, 2009 17:33

    It has been one of the toughest financial years for the real estate industry. So, will FY10 be any different or is there room for optimism?

  • COAI petition challenging DoT's dual tech policy dismissed 

    31st March, 2009 17:26

    TDSAT has dismissed the Cellular Operators Association of India's (COAI's) petition challenging the dual tech policy of Department of Telecommunications (DoT).

  • Will Obama's 60-day lifeline rejuvenate GM? 

    31st March, 2009 17:07

    Dr V Sumantran, Vice Chairman at Hinduja Automotive, believes that this will have a very significant impact and the biggest impact will be in North America. Accord

  • AREVA T&D inaugurates 8 new factories on 3 sites

    31st March, 2009 16:54

    AREVA T&D India will inaugurate eight new factories on three sites in Vadodara (State of Gujarat), Hosur and Padappai (State of Tamil Naidu) this week. Driven by t

  • Bharti looking to exit asset management JV with AXA 

    31st March, 2009 22:00

    Bharti plans to rework its relationship with AXA, reports CNBC-TV18, quoting sources. It is looking to exit its asset management joint venture with AXA and might d

  • HC rules out fresh attachment of Jet Airways 

    31st March, 2009 21:50

    The tussle between Jet Airways and Sahara has intensified. The Bombay High Court said today that the warrant of attachment to Jet Airways shall not be executed, bu

  • Are regulators independent?

    31st March, 2009 21:29

    By definition, a regulatory body should function independent of the government, or the entities it regulates. But there have been times when the actual independenc

  • IRDA gets tough, scans life insurance cos' books 

    31st March, 2009 21:00

    The insurance regulator is tightening its grip on the life insurance sector, and the group policy operations of companies are now under the scanner. CNBC-TV18's Av

  • Sahara case: What will Jet do now? 

    31st March, 2009 20:01

    The tussle between Jet and Sahara has intensified. The Bombay High Court said today that the warrant of attachment to Jet Airways shall not be executed. Satish Kis

  • US markets open higher; Dow up 72 points

    31st March, 2009 19:05

    The US markets opened in green. The Dow Jones Industrial Average was up 72.96 points, or 0.97%, to 7,594.98. The Nasdaq was up 17.60 points, or 3.44%, to 1,519.40

  • Mkts bounce back after Monday's cut 

    31st March, 2009 19:00

    The markets bounced back in style after yesterday's mauling. The markets were playing for a bit of a pullback. However, the performance was muted by the end of the

  • Reduce Gujarat Gas, target of Rs 250: P Lilladher

    31st March, 2009 18:35

    Prabhudas Lilladher has downgraded its rating on Gujarat Gas Company to reduce with a target price of Rs 250. Gujarat Gas Company has invested over Rs 5 billion o

  • See crude in $47-58/bbl range in next qtr: G Chandrashekhar 

    31st March, 2009 18:17

    G Chandrashekhar, Editor–Commodities, Business Line said the slip in crude prices below USD 50 per barrel is a temporary blip. He added that the market will range

  • Rupee, bonds end higher

    31st March, 2009 17:52

    The spot rupee ended higher as banks sold dollars for exporters and also noting dollar's persistent weakness versus major currencies. Firm shares also aided sentim

  • Capital account deficit for first time in 10 yrs 

    31st March, 2009 17:33

    The Reserve Bank of India said the third quarter Balance of Payment (BoP) gap for India stood at USD 17.88 billion as against the earlier surplus of USD 26.74 bill

  • Habil Khorakiwala quits as Wockhardt MD 

    31st March, 2009 17:30

    Habil Khorakiwala has resigned as the Managing Director (MD) of Wockhardt. Murtaza, his son will take over the reins of the company. The company has also been refe

  • Citibank reduces Mortgage Prime Rate by 50bps to 13.75%

    31st March, 2009 17:14

    Citibank announced a reduction in its Mortgage Prime Rate by 50 basis points. Effective immediately, the new Citibank Mortgage Prime Rate will be 13.75 percent.

  • UTI Master Equity Plan declares 15% dividend

    31st March, 2009 16:54

    UTI Mutual Fund has announced a dividend of 15% in its UTI Master Equity Plan Unit Scheme, for which the record date has been fixed as April 6, 2009.

  • Index based mkt wide circuit breaker for Apr-Jun 2009

    31st March, 2009 16:44

    The Bombay Stock Exchange (BSE) implements on a quarterly basis (SEBI circular SMDRPD/Policy/Cir-37/2001 dated June 28, 2001) the index based market wide circuit b

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