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Genpact confident of margin recovery going forward

29th April, 2010 21:37

Nasdaq-listed outsourcing major Genpact declared robust growth in its Q1CY10 numbers today. Revenues are up 8.4% to USD 288.2 million while net income is down 6% t
P Uma Shankar frontrunner for Power Secy

29th April, 2010 21:27

As incumbent Power Secretary HS Brahma retired on April 30, P Uma Shankar stands as the frontrunner for the post. Shankar is an IAS, 1976 batch and is currently th
Dubai World sweetens offer, cool reception seen

29th April, 2010 21:23

Dubai World, which is in talks to restructure USD 26 billion in debt, has made a revised offer to lenders but the sweetened deal is unlikely to satisfy banks, anal
Exxon profit up 38%, misses Street

29th April, 2010 21:23

Exxon Mobil Corp said on Thursday that first-quarter profit rose 38% on higher crude prices and output, but the results missed Wall Street expectations as recently
Yes Bank to open 750 branches by March 2015: MD

29th April, 2010 21:22

Private sector lender Yes Bank will expand its branch network to 750 in the next five years, from 150 now, as it looks to ramp up lending to retail clients, its to
MTN, Bharti expansion to spawn African telecom deals

29th April, 2010 21:22

The expansion of telecom majors MTN Group and Bharti Airtel across Africa is likely to put the continent's smaller groups into play as other multinationals look to
All-India 3G auction bids reach Rs 9330cr on day 17

29th April, 2010 21:00

Government's revenues from the 3G auctions swell to over Rs 37,000 crore. The Telecom Minister hints that the auctions are in their final lap.
FM's concessions: How will it benefit construction sector?

29th April, 2010 20:25

In an exclusive interview with CNBC-TV18, Kumar Gera, Chairman, CREDAI, tells how the FM's concessions will benefit the construction industry.
Greece readies new austerity measures

29th April, 2010 20:04

Greece readied severe austerity measures on Thursday to secure multi-billion dollar aid, providing relief to financial markets but drawing threats of a mighty batt
IDBI Bank Q4 PAT seen up 4.6% to Rs 328 cr

29th April, 2010 20:00

IDBI Bank is to announce its fourth quarter results. According to CNBC-TV18's estiamtes, the company's Q4FY10 NII is seen up 54.5% from Rs 481.4 crore to Rs 743.8
Text of concessions: Extracts from FM's speech

29th April, 2010 19:22

Finance Minister, Shri Pranab Mukherjee, while replying to the debate on Finance Bill-2010 in Lok Sabha today, announced an additional relief package.
Lalit Modi's suspension: A step in the right direction?

29th April, 2010 19:08

It�s been a dramatic couple of days for Indian cricket. Lalit Modi has been suspended and charge-sheeted by the BCCI and a new interim chairman of the IPL has been
ArcelorMittal sees steep Q2 recovery after Q1 dip

29th April, 2010 18:57

ArcelorMittal, the world's largest steelmaker, forecast a sharp recovery in demand and prices in all main markets in the second quarter after its core earnings in
IOB targets 20-22% credit growth in FY11

29th April, 2010 18:30

In an interview with CNBC-TV18, SA Bhat, CMD of Indian Overseas Bank, spoke about the results and his outlook for the company.
To buy balance stake in arm in next 2 qtrs: Dhampur Sugar

29th April, 2010 18:21

In an interview with CNBC-TV18, Gaurav Goel, MD, Dhampur Sugar Mills, speaks about the results and his outlook for the company.

Govt didn't authorise tapping: Chidambaram

29th April, 2010 21:33

The government defended itself over allegations of phone tapping. Home Minister P Chidambaram insisted the government never authorised the tapping of phones of sen
Obama taps Yellen as Fed No. 2, two others to board

29th April, 2010 21:23

President Barack Obama on Thursday nominated San Francisco Federal Reserve Bank President Janet Yellen to be vice chairman of the US central bank and a state bank
Michael Caine on being Harry Brown

29th April, 2010 21:23

At age 77, when most of his peers have either long since retired or seen their careers simply fade away, Michael Caine is busier than ever.
India, Pakistan have 'very good talks', signal thaw

29th April, 2010 21:23

Prime Minister Manmohan Singh and his Pakistani counterpart Yousuf Raza Gilani held "very good talks" on Thursday and asked their officials to take steps as soon a
Mahindra Holidays to spend Rs 350-400cr in FY11

29th April, 2010 21:22

Mahindra Holidays and Resorts will spend Rs 350-400 crore in FY11 to add 600-700 rooms and apartments, its Managing Director Ramesh Ramanathan told reporters on Th
2012 not sacrosanct for end of term at ITC: YC Deveshwar

29th April, 2010 21:12

YC Deveshwar, Chairman of ITC says the year 2012 will not be sacrosanct in terms of end his term as Chairman.
UltraTech to buy Dubai's Star Cement for Rs1700cr: VCCircle

29th April, 2010 20:41

Leading cement maker UltraTech Cement is planning to acquire Dubai-based ETA Star Cement for Rs 1,700 crore, reports CNBC-TV18 quoting VCCircle. This will mark the
OnMobile Global Q4 PAT seen down 13% Rs 11.43 cr

29th April, 2010 20:09

OnMobile Global is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4FY10 revenues are seen up Rs 121.87 crore versus Rs
Finance Bill passed by Parliament

29th April, 2010 20:00

The Finance Minister announced some concessions to industry today as the Finance Bill was passed in the Lok Sabha. The FM offered service tax relief on constructio
South Indian Bank Q4 net profit seen up 44% to Rs 72.34 cr

29th April, 2010 19:59

South Indian Bank is to announce its fourth quarter results. According to CNBC-TV18's estiamtes, the company's Q4FY10 NII is seen up 26.27% from Rs 148.04 crore to
Mkts end in green: Is the bounce back concrete?

29th April, 2010 19:14

Staging a strong comeback after a two-day lull due to the Eurozone jitters, the markets ended the last day of the April futures and options series in the green. Bu
MTN Q1 users up 7%, helped by Nigeria, Iran

29th April, 2010 18:57

South Africa's MTN, which is currently in talks to buy Egypt's Orascom Telecom, boosted subscribers by nearly 7% in the January-March first quarter
Greece, EU/IMF in talks over new austerity: sources

29th April, 2010 18:57

Greece is discussing a salary squeeze and other new austerity measures with European officials and the International Monetary Fund as conditions for a three-year a
EU/IMF want Greek 10%/GDP budget gap cut in 2 yrs

29th April, 2010 18:22

The International Monetary Fund (IMF) and the European Union (EU) want Greece to cut its budget deficit by 10% of GDP by 2011 as part of a multi-billion euro bailo
Cadila FY11 capex at Rs 300cr

29th April, 2010 18:21

Drugmaker Cadila Healthcare Ltd plans to invest about Rs 300 crore as capex in formulations and active pharmaceutical ingredients (API) segments in FY11, its chair

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