Moneycontrol News Archive

Dewan Hsng to buy Deutsche Bank's Indian arm for Rs 1080 cr

1st December, 2010 22:47

Dewan Housing is planning to buy Deutsche Bank's Indian assets for Rs 1,080 crore, reports CNBC-TV18. It is learnt that promoters and investors will fund the deal.

Aamby Valley under Environment Ministry scanner post Lavasa 

1st December, 2010 22:16

Sahara's Amby valley project may also come under the Environment Ministry's scanner. All thanks to Lavasa hitting back at the ministry order. CNBC-TV18’s Sajeet Ma

Govt to infuse $1.3 bn more into state-run banks

1st December, 2010 21:44

The cabinet on Wednesday approved additional capital infusion of Rs 6000 crore (USD 1.3 billion) into state-run banks to hike their capital adequacy and to lift th

Jubilant hives off polymer, agri business

1st December, 2010 21:37

Jubilant Life Sciences Limited said on Wednesday it has demerged its agri and performance polymers businesses into an independent company effective November 15.

Raja disregarded PM's advice, govt tells SC

1st December, 2010 21:27

Under fire on the 2G scam, the govt clearly distanced itself from former Telecom Minister A Raja.

Stable Irish economy in UK's interest: Chancellor Osborne 

1st December, 2010 21:12

A stable Ireland is in Britain’s best interests. That's the word coming in from Britain's Chancellor of the Exchequer - George Osborne. In an interview with CNBC's

IFCI raises stake in Tourism Finance to 36.34%

1st December, 2010 20:47

Non-banking financial firm IFCI Ltd said on Wednesday it has picked up an additional 2.02% stake, or 1,634,507 shares, in Tourism Finance Corp, raising its stake t

How BP`s oil spill costs could double

1st December, 2010 20:46

Last month, BP increased by USD 8 billion the financial provisions it was taking for the Gulf of Mexico oil spill; the company's shares rose.

Spain arrests eight over links to Mumbai attacks

1st December, 2010 20:41

Eight men have been arrested in Barcelona, accused of having links to radical Islamic cells in Pakistan and collaborating with the group that carried out the attac

Punjab National Bank ups rates on term deposits

1st December, 2010 20:11

Punjab National Bank said on Wednesday it has hiked interest rates on single domestic term deposits ranging from 10 million to Rs 10000 crore in select segments fr

Scandals, uncertainty dent India investment case

1st December, 2010 20:11

The number may be huge — up to USD 39 billion lost in one of India's biggest corruption cases — but the damage to India's position as an investment star may be in

Japan, Europe November car sales fall

1st December, 2010 20:11

Japanese car sales slumped for the third straight month as the euro zone crisis threatened sales, while economic woes and the end of scrappage schemes threatened a

RBI doesn't want CRR to manage liquidity: Gokarn

1st December, 2010 20:11

The Reserve Bank of India (RBI) does not want to use the cash reserve ratio, the funds that banks keep with the central bank, as a liquidity management tool, Subir

Not looking at raising funds from mkt for 2 yrs: Union Bk 

1st December, 2010 19:39

The government has approved additional grant of Rs 9750 crore for recapitalisation of nine PSU banks. Out of this, Union Bank of India will get about Rs 1150 crore

Scams galore: Is a wave of corruption overwhelming India? 

1st December, 2010 19:15

The IPL, the 2G scam, Adarsh Housing, Common Wealth Games, Karnataka mining rights and you can add the inappropriate behaviour of journalist. Together these raise