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Wall St opens higher on consumer, commodities

28th December, 2010 21:08

US stocks opened modestly higher on Tuesday ahead of an expected lift in a measure of US consumer confidence, indicating the economic recovery remained on track to
India extends export ban on pulses until further order

28th December, 2010 21:08

India, the world's biggest producer and consumer of pulses, has extended ban on pulses exports until further order, the farm minister, Sharad Pawar, said on Tuesda
IRDA approves regulatory nod to 2 insurance JVs

28th December, 2010 21:07

Insurance Regulatory and Development Authority (IRDA) has given regulatory nod to two insurance joint ventures, reports CNBC-TV18.
Gitanjali Gems buys 90% in Italian firm

28th December, 2010 21:00

Gitanjali Gems said on Tuesday it has acquired 90% stake in Italy-based Glantti Italia S.R.L making the latter its direct subsidiary.
Maytas Infra, Gayatri jointly get Rs 1130cr order

28th December, 2010 21:00

Maytas Infra and Gayatri Projects have won a contract worth Rs 11.3 billion from the government of Nagaland for widening of roads, the former said on Tuesday.
Euro zone reform does not go far enough: Mersch

28th December, 2010 21:00

Recent reforms of euro zone governance have not gone far enough, European Central Bank Governing Council member Yves Mersch said on Tuesday.
Govt weighs diesel price decision

28th December, 2010 21:00

The government will walk a tightrope on Thursday between raising diesel prices to reduce the burden of subsidies or holding them steady to keep a lid on inflation
Idea Cellular MD to step down before term

28th December, 2010 21:00

Idea Cellular, India's No. 6 mobile phone operator, late on Monday said its managing director would step down from his post ahead of his scheduled retirement, decl
SAT sets aside SEBI order against Bhushan Group cos

28th December, 2010 20:47

But 2010 seems to be ending on a good note for the Bhushan Group as the securities appellate tribunal (SAT) has set aside that SEBI order, reports CNBC-TV18�s Ashw
iGate bid gets tentative nod from Patni board: Sources

28th December, 2010 20:31

iGate may be one step closer to acquiring the controlling 61% stake in Patni Computers. CNBC-TV18 learns that the Patni board may have given a tentative nod to iGa
Govt likely to announce FDI policy on LLPs in Jan: Sources

28th December, 2010 20:00

Important foreign direct investment (FDI) policy announcements is likely to be made in January 2011, reports CNBC-TV18 quoting sources.
Maytas Infra, Gayatri Projects bags order worth Rs 1130.67 crore

28th December, 2010 19:38

Maytas Infra JV with Gayatri Projects has bagged order worth Rs 1130.67 crore from Government of Nagaland.
State Bank of Travancore approves right issue

28th December, 2010 19:22

State Bank of Travancore at its meeting held on December 28, 2010 has approved right issue.
Kirloskar Brothers dispose off its 100% shares to Hematic Motors

28th December, 2010 19:14

Kirloskar Brothers has disposed off its 100% shares to Hematic Motors at its acquisition cost i:e Rs 29.94 crore.
Stay away from IT sector: Gupta

28th December, 2010 18:58

Stay away from IT sector, says Radhika Gupta, Forefront Capital Management.

NTC sets reserve price for 2 properties in Gujarat

28th December, 2010 21:08

National Textile Corp, which is selling its mill lands across the country, said on Tuesday it has set reserve prices for an online auction of two properties in Guj
India makes new attempt to try end political deadlock

28th December, 2010 21:08

The speaker of India's parliament will meet all political parties on Thursday to try resolve an impasse that threatens to deadlock the February budget session of p
Barnes & Noble loses bid to end Nook lawsuit

28th December, 2010 21:00

Barnes & Noble Inc failed to win dismissal of a lawsuit by Spring Design Inc accusing the largest US bookseller of illegally copying its dual-display screen design
MindTree to bear costs up to $3.9m on wireless biz rejig

28th December, 2010 21:00

IT services firm MindTree said on Tuesday it will incure costs of about USD 3.6-3.9 million related to the restructuring of its wireless business into a design ser
Japan trade review may revoke preferences for China

28th December, 2010 21:00

Japan is reviewing its trade preference policy for developing countries in a move that could revoke preferences for about 450 items imported from China, an officia
RBI issues revised norms on OTC FX derivatives

28th December, 2010 21:00

The Reserve Bank of India (RBI) on Tuesday issued revised norms on over-the-counter foreign exchange derivatives and overseas hedging of commodity price and freigh
Tax department directs Satyam to audit accounts

28th December, 2010 21:00

Satyam Computer Services Ltd said on Tuesday the income tax department has directed it to get its accounts audited for assessment years 2002/03 and 2007/08. No oth
Govt may revise Accounting Standard 11: Sources

28th December, 2010 20:59

The Ministry of Corporate Affairs is revisiting Accounting Standard 11 which deals with treatment of losses due to foreign currency fluctuations. CNBC-TV 18�s Malv
Citigroup investigates fraud in Gurgaon branch

28th December, 2010 20:34

2010 is turning out to be the year of scams and frauds. Citigroup today revealed that they are investigating fraud in its Gurgaon branch, reports CNBC-TV18.
BS TransComm forays into BOOM project

28th December, 2010 20:05

BS TransComm Ltd has announced today that its consortium has successfully bagged the project from Rural Electrification Corporation Ltd through a tariff based Glob
Lanco Infratech Limited bags Rs 4100 crore EPC Contract

28th December, 2010 19:59

Lanco Infratech Limited has been awarded a Rs 4100 Crore EPC Contract by a subsidiary of Moser Baer Projects Pvt Ltd for execution of its coal based 2x600 MW Power
LMW buyback 11.08 Lk shares at Rs 2045 per share

28th December, 2010 19:29

Enam Securities on behalf of LMW buyback 11.08 Lk equity shares of FV of Rs 10 each from the existing owners of shares at a price of Rs 2045 per share
Tata Coffee declares interim dividend at Rs 5 per share

28th December, 2010 19:20

Tata Coffee at its meeting held on December 28, 2010 has declared interim dividend at Rs 5 per share.
Steel Authority Of India; January 19, 2011 record date for payment of interim dividend

28th December, 2010 19:13

Steel Authority Of India (SAIL) as fixed Jan 19, 2011 as the 'Record Date' for payment of interim dividend on equity shares for the FY 2010-11.
Why is India Inc more wary of corruption laws in USA & UK?

28th December, 2010 18:55

Most Indian companies I talk to are more worried about the long arm of the FCPA, and now UK�s Bribery Act than India�s Prevention Of Corruption Act (PCA).

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