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NAVs end sharply lower on big carnage in mkts

27th January, 2010 23:28

Equity diversified NAVs ended sharply lower with negative advance:decline ratio of 256, as the benchmark Nifty saw a big carnage. Selling was seen across all secto
Highlights: Geithner testimony at House hearing on AIG

27th January, 2010 23:09

The following are highlights from a House Oversight and Government Reform Committee hearing on Wednesday with Treasury Secretary Timothy Geithner testifying on the
Haiti quake raises fears of child-eating spirits

27th January, 2010 23:09

The earthquake that shattered Haiti has unleashed fears that child-eating spirits, mythological figures entrenched in Haitian culture, are prowling homeless camps
London theatres thriving, despite recession

27th January, 2010 23:09

London's West End theatres enjoyed a record year in 2009, shaking off the recession and earning more than 500 million pounds (USD 800 million) for the first time,
SEBI vs IRDA: FinMin may not play peacemaker

27th January, 2010 21:57

Market regulator Securities and Exchange Board of India, or SEBI issued showcause notices to several life insurance companies over their unit linked insurance plan
See telecom industry consolidating in 2 yrs: Sunil Mittal

27th January, 2010 21:00

Sunil Mittal, Chairman, Bharti Enterprises expects consolidation in the telecom sector in the next two years.
Roubini says US recovering, calls for fiscal consolidation

27th January, 2010 20:30

A recovery from the global financial crisis is under way in the US, believes Nouriel Roubini, but he adds the country needs to lay down a roadmap for fiscal consol
DLF Q3 cons net profit down 30.25% at Rs 468 cr

27th January, 2010 19:50

DLF has announced its third quarter results. The company's Q3 consolidated net profit was down 30.25% at Rs 468 crore versus Rs 671 crore.
Patel Engg sees revenue growing 20-25% in FY10

27th January, 2010 19:45

Patel Engg sees revenue grow 20-25% in FY10
KEC Int'l hopes big BSNL order may boost FY10 orderbook

27th January, 2010 19:45

KEC Intl hopes big BSNL order boosting FY10 orderbook
RePower Q3 sales up at Euro 920.5 mn

27th January, 2010 19:13

RePower has announced its third quarter results. The company's Q3 sales were up at 920.5 million euros versus 850.5 million euros, year-on-year, YoY.
Financial tumult also a 'crisis of ethics': Davos poll

27th January, 2010 18:56

Two-thirds of people around the world think the global economic crisis is also a crisis of ethical values that calls for more honesty, transparency and respect for
Renault deciding on Indian plans, future of Mahindra JV

27th January, 2010 18:54

Renault India is all set to chart out its India plans by February 10. Sources say both M&M and Renault are currently discussing the future of the Mahindra Renault
Rupee hits 3-wk lows on dollar demand from foreign funds

27th January, 2010 18:31

The rupee touched a three-week low of 46.40 to the dollar as custodian banks that normally work foreign equity investors were noted buying dollars. The rupee's fal
IL&FS Education raises Rs 172cr from PE fund

27th January, 2010 18:20

IL&FS Education raises 1.72 bln rupees from PE fund

David Headley pleads not guilty to Mumbai attack charges

27th January, 2010 23:09

American David Headley pleaded not guilty on Wednesday to US charges that he scouted targets for militant Pakistani group Lashkar-e-Taiba, blamed for the attack on
Swiss government confident it can save UBS tax deal

27th January, 2010 23:09

The Swiss government said it was sure it could resolve a legal impasse threatening a key US tax deal over UBS client data and would talk to U.S. authorities to tha
Vandana to import Sout Africa coal, eyes mines

27th January, 2010 23:09

Vandana Global Ltd expects to soon start importing 1 million tonnes of coal a year from South Africa to secure fuel for two power stations it owns, the company's c
Use correction as opportunity to buy: Analysts

27th January, 2010 22:00

Investors should use the current weakness in the stock market to buy stocks with sound fundamentals, says experts
Signs of panic visible; mkt has gained downward momentum

27th January, 2010 21:38

There was a climactic quality to today's sell-off in the last half because it is not just the price movement but it also happened on the highest ever trading volum
Marriage From Hell: The Breakup of AOL Time Warner

27th January, 2010 20:56

It didn't last a decade. After nearly 10 very difficult years, AOL finally left the house of Time Warner. Today, it is on its own again. The union, consummated at
Young entrepreneurs embracing green tech

27th January, 2010 20:30

From Kyoto to Copenhagen, the last decade saw world leaders grappling with issues of climate change but there was no significant breakthrough. There is hope that t
Iraq's 'Chemical Ali' buried near Saddam

27th January, 2010 19:45

Ali Hassan al-Majeed, known as "Chemical Ali" for his use of poison gas against minority Kurds, was buried late on Tuesday near his cousin, former Iraqi dictator S
Govt approves $888 mn shipping projects: FinMin

27th January, 2010 19:45

Govt approves $888 mln shipping projects - fin min
Bafna Pharma Q3 posts a net profit of Rs 85.19 Lk

27th January, 2010 19:26

Bafna Pharmaceuticals, a manufacturer and exporter of drug formulation posted a net rise of 176.47 % in third-quarter ended 31st December 2009. The Sales for Decem
Sri Lanka President wins historic re-election

27th January, 2010 18:56

Sri Lankan President Mahinda Rajapaksa won re-election on Wednesday in an historic post-war vote but his chief rival called for the results to be nullified after s
Iceland's central bank cuts rates again despite Icesave

27th January, 2010 18:56

Iceland`s central bank cuts rates again despite Icesave
Ingersoll Rand Q3 PAT up at Rs 15.1 cr

27th January, 2010 18:39

Ingersoll Rand has declared its third quarter results. The company's Q3 net sales were up at Rs 103.6 crore versus Rs 93.5 crore, YoY.
Dabur Q3 cons net rises; sees cost push on some products

27th January, 2010 18:20

Personal care products maker Dabur India Ltd reported a 28% rise in quarterly consolidated profit on a rise in sales and said it will continue to resist price hike
BRIC IPOs see record January at $6.7 bn

27th January, 2010 18:20

New share listings in the BRIC group of the four largest emerging economies have got off to a flying start in 2010, with January flotation volumes of USD 6.7 billi

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