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May 28-30: Events to watch out for

27th May, 2010 23:00

May 28-30: Events to watch out for
Mobile computing helped Apple dethrone Microsoft: Experts

27th May, 2010 22:35

Apple Inc shot past Microsoft Corp as the world's biggest tech company as measured by market value on Wednesday.
Big investors resist major stock selloff: Poll

27th May, 2010 22:32

Institutional investors hung on to their equities exposure more than might have been thought in May, given extreme volatility on financial markets, but also put mo
Food security at risk without policy coordination: US

27th May, 2010 22:32

A top US official said on Thursday global food prices could soar again if countries don't cooperate to increase food production especially in developing countries.
US charges financial adviser to stars with fraud

27th May, 2010 22:32

Kenneth Starr, a New York investment adviser to celebrities such as movie director Martin Scorcese and actor Uma Thurman, was arrested by US agents on Thursday on
Euro, global stocks rise on China investment denial

27th May, 2010 22:30

The euro and global stock markets surged higher on Thursday, bolstered by China's knock-down of a report saying it was looking to cut its holdings of euro zone sov
Dubai dealt new blow with DIC debt delay

27th May, 2010 22:30

Dubai International Capital (DIC), the private equity unit of the emirate's flagship conglomerate Dubai Holding, sought a three-month debt repayment delay on Thurs
S.Africa union signs deal, ends Transnet strike

27th May, 2010 22:30

South African logistics group Transnet reached a pay deal with a union on Thursday, ending a transport strike that has disrupted railways and ports in Africa's bi
Microsoft CEO unconcerned with Apple market cap

27th May, 2010 22:26

Microsoft Corp Chief Executive Steve Ballmer was unperturbed a day after rival Apple Inc shot past his firm as the world's biggest tech company by market value and
Tata Motors posts FY10 net profit, beats forecast

27th May, 2010 22:15

Tata Motors, India's largest vehicle maker, returned to an annual net profit, beating forecasts on rising sales and improved profitability of its Jaguar and Land R
Essar Shipping sets FY11 capex at Rs 4,875cr

27th May, 2010 22:05

Essar Shipping Port & Logistics will spend Rs 4,875 crore in FY11 and expects its port business to drive growth in the year, senior officials told reporters at a p
Nagarjuna Fert sees 25% growth in FY11 revenue

27th May, 2010 21:59

Urea and plant nutrients maker Nagarjuna Fertilizers and Chemicals expects revenue to grow 25% in FY11, against a drop last fiscal, on rising demand and improved g
Tata Steel to issue shares to founders

27th May, 2010 21:42

Tata Steel, the world's No 8 steelmaker, said on Thursday its board had approved issuing up to 15 million shares and 12 million convertible warrants to founder Tat
Trade powers to push for Doha deal to boost economy

27th May, 2010 20:59

Ministers from major trading powers decided on Thursday to redouble efforts for a deal in the stalled Doha round, arguing that opening up global trade would boost
Alvogen sees over 50% of 2015 sales target from India

27th May, 2010 20:19

US-based pharma company Alvogen is busy enlarging its India footprint. It is signing up Indian companies for contract manufacturing, as it bets on the Indian marke

Microsoft bets on new browser to regain its edge

27th May, 2010 22:39

Microsoft Corp could regain the edge over rivals Google Inc and Mozilla Firefox with its new Web browser due to be launched next year, the head of Microsoft Intern
Opera singer dies before starring World Cup role

27th May, 2010 22:32

A South African opera singer personally chosen by Nelson Mandela to sing at the World Cup's opening ceremony has died two weeks before he was due to perform.
Global recovery fragile, risks abound: IMF chief

27th May, 2010 22:32

Peru's economy should expand between 5 and 7% this year, IMF Managing Director Dominique Strauss-Kahn said on Thursday, a forecast that could make it the top growe
Forbes forays into capital raising: peHUB

27th May, 2010 22:32

Business magazine publisher Forbes is getting into the capital raising business, lending its name to private investment group run by G2 Investment Partners, peHUB
London confident will make cuts, warns on future

27th May, 2010 22:32

London's Olympic organisers said on Thursday they were confident of meeting cuts imposed this year without affecting the quality or scope of the 2012 Games and its
Planes almost collide in Mumbai days after Mangalore crash

27th May, 2010 22:30

Two domestic passenger airliners came close to colliding at Mumbai airport after almost getting onto the same runway, officials said on Thursday, days after an air
Libya hails return of ancient treasures from Britain

27th May, 2010 22:30

A British woman has handed back to Libya a collection of ancient artefacts which her father, an amateur archaeologist, took from the north African country when it
German tycoon Bock chokes to death at luxury hotel

27th May, 2010 22:30

Dieter Bock, one of Germany's wealthiest men and former chief executive of Lonrho Plc, has died aged 71, with one newspaper reporting that he choked on a piece of
DTC 2nd draft may drop EET proposal for savings: Sources

27th May, 2010 22:21

The second draft of the direct tax code (DTC) may drop the exempt-exempt-tax (EET) proposal for taxation of savings, reports CNBC-TV18, quoting sources.
StanChart $580m India issue covered 11% on day 3

27th May, 2010 22:10

British bank Standard Chartered's India share sale to raise up to about USD 580 million was covered 11% at the end of the third day as global market volatility kep
Gold softens as investors pick up euro, shares

27th May, 2010 22:01

Gold pared gains on Thursday, receding from a one-week high as rallies in the euro and equities capped the metal's safe-haven appeal, but losses were limited by fe
Secondary private equity mkt picks up pace

27th May, 2010 21:45

Private equity deals are old hat. Secondary private equity deals, where an institution or PE firm picks up the assets held by another PE firm, are now gaining popu
To launch Maxximo electric trucks by yr-end: Anand Mahindra

27th May, 2010 21:32

Mahindra and Mahindra (M&M) has bought a majority stake in electric car company, Reva. A day after sealing the deal with Reva, Anand Mahindra, VC & MD, M&M explain
Mkts extend pullback, post 2nd highest turnover

27th May, 2010 20:26

The markets had a strong run on expiry today, bereft of any volatility. Strong cues from both Asia and Europe helped the Nifty end above the 5,000 mark. For the da
Wal-Mart's Asda to buy UK rival Netto for $1.1bn

27th May, 2010 20:10

US retailer Wal-Mart is buying Netto UK from its Danish owner for 778 million pounds (USD 1.1 billion) and will convert the stores to its Asda brand, cementing its

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