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NAVs decline sharply on fall in markets

27th October, 2010 23:51

Equity diversified NAVs ended sharply lower with advance:decline ratio of 12:249 as the Sensex ended 216 points down on Wednesday.
Will bring down fiscal deficit to 4.1% by 2012-13: FM

27th October, 2010 22:20

Inflation and fiscal deficit has been rising at an alarming rate. Finance Minister Pranab Mukherjee has said that the government will bring down fiscal deficit to
Carlyle to buy CommScope in USD 3.9 bn deal

27th October, 2010 21:59

Communications cable maker CommScope Inc said it agreed to be bought out by The Carlyle Group in a USD 3.9 billion deal.
Mixed US data leave Fed easing expectations intact

27th October, 2010 21:59

Demand for long-lasting US manufactured goods, excluding aircraft, unexpectedly fell last month and a key gauge of business capital spending plans also eased, unde
ZTE eyes emerging markets as Q3 net misses forecasts

27th October, 2010 21:59

ZTE Corp, China's No.2 telecoms equipment maker, said it would increase its presence in emerging broadband markets after posting a weaker-than-expected rise in thi
Retailers look beyond BRICs for emerging mkt growth

27th October, 2010 21:59

Retailers are looking beyond the big emerging markets of Brazil, Russia, India and China (BRICs) as they hunt for growth amid signs that spending in US and western
Consumers to shop smart and save up in 2011: Report

27th October, 2010 21:59

Consumers still reeling from the global economic crisis will shop for bargains, buy online for deals and convenience, and plan to work beyond retirement age and bo
Deficit that sparked crisis tops 15%: Greece's FM

27th October, 2010 21:59

Greece's 2009 budget deficit, whose wildly gyrating figures triggered the country's fiscal crisis, will be set "once and for all" at above 15% of GDP, the finance
Canon tops Q3 results, bucks yen strength

27th October, 2010 21:59

Canon Inc's strong quarterly results show the world's largest maker of digital cameras is reaping the benefits of cost cuts and managing to counter the impact of a
P&G posts higher-than-expected quarterly profit

27th October, 2010 21:59

Procter & Gamble Co posted a higher-than-expected quarterly profit as new products and strength in emerging markets helped spur sales volume growth at the world's
Asian Paints Q2 lags forecast on weak demand, costs

27th October, 2010 21:59

India's top paints maker Asian Paints Ltd's second-quarter earnings growth lagged forecast, weighed down by weak demand and rising input costs.
Diwali gift: Retailers crackling offer

27th October, 2010 21:51

With rising disposable incomes and surging aspirational levels, the urban Indian consumer seems to be shopping through the year. And yet, Diwali is special. In ou
Tata's specialty footwear store to launch in Mumbai soon

27th October, 2010 21:37

Noel Tata's first big step after taking over the reins of Tata International has been to lead the leather exporter into front-end retail. And it all starts with it
Can Nifty keep its head above 6000 going into F&O expiry?

27th October, 2010 21:22

It was a flat enough opening for the market but then the crack started opening later in the afternoon. By the end of it all, we just about managed to hold the 6000
SKS Microfinance cuts rates

27th October, 2010 20:22

SKS Microfinance has moved into damage control mode, amid reports of suicides by small loan borrowers and talk of a regulator to monitor the industry, reports CNBC

Food Security Bill may be introduced in Budget session

27th October, 2010 22:36

Food Security Bill is likely to be introduced in the Budget session, reports CNBC-TV18 quoting sources. It is learnt that National Advisory Council (NAC) headed by
Uneven recovery will force ECB to keep rates unchanged

27th October, 2010 22:08

The euro zone's uneven economic recovery will force the European Central Bank to keep interest rates on hold until the fourth quarter of next year while it support
Jubilant eyes 450m euro Moroccan venture

27th October, 2010 21:59

India's Jubilant Bhartia Group is looking at investing 450 million euros (USD 628 million) in a phosphate joint venture in Morocco to supply India's growing demand
Dubai's Emaar Q3 profit misses again as costs mount

27th October, 2010 21:59

Net profit of Emaar Properties, builder of the world's tallest tower, missed analyst forecasts for the second consecutive quarter as costs soared.
AgBank, BOC post record Q3 as bad loan fears ease

27th October, 2010 21:59

Two of China's top banks posted record quarterly earnings on Wednesday, reflecting solid economic growth and waning anxiety about bad debts.
Ascent Solar, TERI sign MoU to test modules

27th October, 2010 21:59

Ascent Solar Technologies Inc said it signed an agreement with The Energy and Resource Institute (TERI), India, to test the company's solar modules and evaluate it
Sleepy in Seattle: Microsoft learns to mature

27th October, 2010 21:59

Every July, Microsoft Corp invites a sizable Wall Street crowd to its leafy, low-rise campus outside Seattle. Chief Executive Steve Ballmer and his top managers ta
JPMorgan buys majority stake in Brazil's Gavea

27th October, 2010 21:59

JPMorgan Chase & Co said it acquired a majority stake in Brazilian hedge fund and private equity firm Gavea Investimentos, increasing its presence in one of the wo
Telenor upbeat after strong Q3, airs Orascom doubts

27th October, 2010 21:59

Norway's Telenor ASA posted strong earnings and increased its 2010 guidance on the back of vibrant Asian mobile markets, extending a streak of forecast-beating res
Russia launches rare case against accused spammer

27th October, 2010 21:59

Russia has opened a criminal case against a man accused of involvement in a major spamming operation flooding the Internet with advertisements for the anti-impoten
Nokia Siemens says US to drive 2011 growth

27th October, 2010 21:59

A "sober, solid" recovery is underway in the telecom market and the United States will remain the driver of growth next year, the chief marketing officer of teleco
Biz houses can now apply online for govt services

27th October, 2010 21:44

Entrepreneurs and business houses willing to set up industries in Maharashtra can now pay all the service costs online. Not only this, they can also apply for cent
Tata Motors' C Ramakrishnan is India's CFO of the year

27th October, 2010 21:33

It's that time of the year again when CNBC-TV18 acknowledges and celebrates the contributions of chief financial officers of India Inc, who have led their companie
Indian Motorsports League to hit India soon

27th October, 2010 20:52

As India gears up to host a Formula One races next year, there are preparations going on for launching the Indian Motorsports League (IML) in India in less than
Pawar to talk to state govts on multi-brand retail FDI

27th October, 2010 20:10

India's Farm Minister Sharad Pawar said on Wednesday he would talk to state governments about the country opening up its multi-brand retail sector to foreign direc

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