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NAVs advance sharply as markets gain 1.31%

1st September, 2010 23:32

Equity diversified NAVs ended strong with advance:decline ratio of 239:3, as the benchmark Sensex witnessed huge buying interest in the last one hour of trade and
Companies Bill may be passed in winter session: Khurshid

1st September, 2010 22:15

A day after the parliamentary standing committee on finance tabled its recommendations on the new Companies Law Bill, Corporate Affairs Minister Salman Khurshid to
Real GDP data on firm footing: Kaushik Basu

1st September, 2010 22:01

After questions were raised on the GDP numbers announced yesterday, the government is in damage control mode. In an interview with CNBC-TV18's Aakansha Sethi, Chie
Anomaly in Q1 GDP: What led to the confusion?

1st September, 2010 21:41

After questions were raised on the GDP numbers announced yesterday, the government is in damage control mode. It is likely to revise the GDP at market prices. Fin
Wipro appoints Rishad Premji as chief strategy officer

1st September, 2010 21:14

Rishad Premji, the son of Wipro Chairman Azim Premji has been appointed chief strategy officer of Wipro's IT business. He is currently general manager of the compa
UBS India ECM head to join StanChart - IFR Asia

1st September, 2010 20:50

Swiss bank UBS' India equity capital market head A. Rajagopal will join Standard Chartered to take up a broader regional role in the British bank, IFR Asia reporte
Analysis: HSBC needs more than Nedbank to win big in Africa

1st September, 2010 20:13

HSBC will need more than just a controlling stake in South Africa's Nedbank if Europe's top lender aims to be a serious player on the fast-growing African continen
Indonesia court orders Buddha Bar shut after complaint

1st September, 2010 20:13

The Indonesian branch of the Buddha Bar, an international chain of upmarket bars, has been ordered to close because its name caused distress to Buddhists, local me
Commissioner meeting with accused players is delayed

1st September, 2010 20:11

The meeting between the three Pakistan players at the centre of spot-fixing allegations and the country's High Commissioner has been postponed until Thursday, offi
BBC Top Gear's Stig finally unmasked

1st September, 2010 20:10

The identity of "The Stig", the mystery test car driver on the popular BBC TV motoring show "Top Gear" was revealed on Wednesday after the broadcaster lost a legal
US private sector cuts 10,000 jobs in Aug: Report

1st September, 2010 20:10

US private employers unexpectedly cut 10,000 jobs in August compared to a revised gain of 37,000 in July, a report by a payrolls processor showed on Wednesday.
Reliance Broadcast okays raising over Rs 400cr

1st September, 2010 20:08

Reliance Broadcast Network said on Wednesday its board has approved raising over Rs 400 crore rupees through an issue of equity shares to its founder and other inv
Gold loan firm Manappuram profits to jump: Official

1st September, 2010 20:08

Manappuram General Fin & Leasing, a gold mortgage company, expects its net profit to rise sharply on the back of rising consumers' interest in such loans, its chie
June qtr GDP growth data to be unchanged: Govt

1st September, 2010 20:08

The government will not revise the April-June quarter GDP growth number and it will remain at 8.8%, a government official told Reuters on Wednesday.
Buy Ankur Drugs; target of Rs 170: Sunidhi Securities

1st September, 2010 19:15

Sunidhi Securities is bullish on Ankur Drugs & Pharma and has recommended buy rating on the stock with a target of Rs 170, in its August 31, 2010 research report.

Mkts stage strong comeback on positive global cues

1st September, 2010 22:23

The benchmark Sensex witnessed huge buying interest in the last one hour of trade and posted 234 points rally on Wednesday, helped by heavyweights and positive glo
FM raises concerns over lower tax collection, locked-up rev

1st September, 2010 22:05

Finance Minister Pranab Mukherjee sent a stern message to the Mumbai taxman during his visit raising concerns over low growth rates and locked up revenue, CNBC-TV1
IDBI Bank waives service charges

1st September, 2010 21:59

IDBI Bank is all set to give its retail banking business a big push. And this includes giving customers big discounts on service charges, reports CNBC-TV18's Gopik
Govt issues order to appoint 5 new bank chairmen

1st September, 2010 21:33

With parliamentary sessions over, the government has got down to real work. The banking secretary on Wednesday signed the orders appointing five new bank chairmen.
Essar acquires 79.13% in Avaya post open offer

1st September, 2010 21:01

Essar Group has successfully completed acquisition of AGC Networks, previously known as Avaya GlobalConnect, including closure of the offer representing 20% of AGC
Factory growth picks up in China, slips in Europe

1st September, 2010 20:13

Surging domestic demand helped manufacturing growth in China and Russia pick up speed in August, according to business surveys on Wednesday that conversely showed
Dutch colleges angry over sex job ads for freshmen

1st September, 2010 20:13

A number of Dutch colleges are considering legal action against the publisher of a move-in guide for new freshmen, after the company included an ad recruiting stud
Sony Ericsson sees big smartphone growth in China

1st September, 2010 20:13

Mobile phone maker Sony Ericsson said on Wednesday that it expects half of all mobile phones sold in China to be smartphones by 2015, as prices for handsets fall a
EU law to crack down on abusive short selling

1st September, 2010 20:11

European Union regulators will be able to ban abusive short selling of shares and naked selling of credit default swaps and sovereign debt for three months or more
Hungary may need IMF if markets sour: NBH

1st September, 2010 20:10

Hungary may need the financial safety net of the International Monetary Fund and the European Union if global investor sentiment turns negative, which is "not at a
JP Morgan fund keen on China, India, Indonesia

1st September, 2010 20:10

JP Morgan Asset Management is eyeing China and India's toll road sector, and Indonesia's power and logistics industries, after investing a third of its USD 860 mil
Govt says Vedanta refinery breaches green laws

1st September, 2010 20:08

The environment ministry said on Monday it has found "serious violations" of green laws in Vedanta's existing alumina refinery in eastern India, the latest in the
India says will ask Google, Skype for data access

1st September, 2010 20:08

India on Wednesday launched a clampdown on major Internet communications firms, including Google and Skype, and began accessing some BlackBerry traffic in a campai
Govt to restate part of Q1 GDP, may revise it at mkt prices

1st September, 2010 19:35

After questions were raised on the GDP numbers announced yesterday, the government is in damage control mode. It is likely to revise the GDP at market prices. Fin
GDP to pick up pace in Q3, Q2 to be bumpy: Kaushik Basu

1st September, 2010 19:14

In an interview with CNBC-TV18�s Banking Editor Latha Venkatesh, Chief Economic Advisor, Kaushik Basu gave his perspective on the growth numbers and his outlook on

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