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Power cos fail to meet MERC�s target of renewable energy

2nd September, 2010 22:34

Companies distributing power in Maharashtra are in a fix. The Maharashtra Electricity Regulatory Commission (MERC) has stipulated that 6% of total power procuremen
Cibil�s new system to help borrowers to address grievance

2nd September, 2010 22:15

Cibil is finally responding to the many complaints by borrowers that its credit information system is faulty. The credit bureau is working on a new system where in
Nifty spent time consolidating yesterday's gains

2nd September, 2010 21:49

The day was a rangebound one, nothing wrong with that. We have had a terrific pullback from 5350. So today the market spent time consolidating and digesting those
BSE in talks to acquire majority stake in CAMS

2nd September, 2010 21:26

The Bombay Stock Exchange (BSE) is in talks to acquire majority stake in computer age management services (CAMS), reports CNBC-TV18 quoting sources.
HP raises offer for 3PAR to $2.4 bn, beats Dell

2nd September, 2010 20:28

Hewlett-Packard Co raised its bid for data storage company 3PAR Inc to USD 2.4 billion, beating Dell Inc's latest offer in a bidding war that many analysts have sa
Nakoda to invest Rs 32.92 crore in wind power project

2nd September, 2010 20:28

Textiles firm Nakoda Ltd said on Thursday it plans to invest Rs 32.92 crore to set up a wind power project in Madhya Pradesh.
Time Warner Cable, Disney yet to reach deal

2nd September, 2010 20:28

Time Warner Cable and Walt Disney Co ensured millions of US cable customers can still watch some of their favorite TV programmes while the companies kept working o
Intel sees faster growth in embedded chips

2nd September, 2010 20:28

Intel, the world's biggest maker of semiconductors, expects demand for embedded microchips to accelerate as the company expands beyond its core business of compute
Apollo Hospitals plans 11 new hospitals in 2 yrs

2nd September, 2010 20:28

Apollo Hospitals Enterprise Ltd plans to invest Rs 1800 crore to set up 11 hospitals in the country over the next two years, a top official said on Thursday.
Supply surge to dampen recovery in hotels' profits

2nd September, 2010 20:28

An expected surge in supply of premium hotel rooms may take the sheen off Indian hotel firms' plans to raise tariffs and revive profitability, though analysts expe
Will not sell KKR to make a fast buck: Shahrukh Khan

2nd September, 2010 18:44

Badshah of Bollywood Shahrukh Khan has no intention of selling his stake in his IPL cricket team Kolkata Knight Riders. In a rare interview with CNBC-TV18, Khan sp
Sonam Udasi positive on Sterlite Ind, Hind Zinc

2nd September, 2010 18:28

Sonam Udasi, Head Treasury, IDBI Capital is positive on Sterlite Industries, Hindustan Zinc.
Religare MF appoints Sujoy Das as the Head of Fixed Income

2nd September, 2010 18:08

Religare MF appoints Sujoy Das as Head of Fixed Income based in Mumbai.
Buy Surya Pharma; target of Rs 430: Sunidhi Securities

2nd September, 2010 17:54

Sunidhi Securities is bullish on Surya Pharmaceutical and has recommended buy rating on the stock with a target of Rs 430 in its September 2, 2010 research report.
Suzlon adds nearly 42 lakh shares in open interest

2nd September, 2010 17:42

Suzlon Energy surged up around Rs 8 and added nearly 42 lakh shares in the open interest. Ispat Industries saw a build-up of nearly 73 lakh shares and the stock wa

PDS overhaul: Govt to include more families into BPL

2nd September, 2010 22:21

The Centre has decided to restructure the public distribution system (PDS) to include more families into the below poverty line (BPL) bracket, reports CNBC-TV18.
Future Group to launch own FMCG distribution network

2nd September, 2010 22:00

Future Supply Chain Solutions, the logistics arms of Future Group, is now establishing its own FMCG distribution network for modern trade, reports CNBC-TV18.
Will Direct Tax Code burden IT companies?

2nd September, 2010 21:41

The implementation of the Direc Tax Code may have an impact on Indian IT companies. Analysts say IT firms with maximum special economic zone (SEZ) exposure will se
Mkt looks buoyant, sales momentum to continue in Q3: M&M

2nd September, 2010 21:10

Mahindra and Mahindra, India's top utility vehicles and tractors maker, has reported a 29% jump in its August vehicle sales. Its domestic sales for August stood at
3G Capital to buy Burger King for $3.26 bn

2nd September, 2010 20:28

Burger King Holdings Inc, the No. 2 U.S. fast-food chain, agreed to be bought by investment firm 3G Capital for USD 24 per share, or about USD 3.26 billion.
US jobless claims fall, Q2 productivty much weaker

2nd September, 2010 20:28

New claims for US unemployment benefits fell last week, but were still too high to signal a change in fortune for the troubled labour market.
Regulatory follow-through key post-crisis: Bernanke

2nd September, 2010 20:28

Tough government follow-through on a freshly minted US financial law will be crucial to ensure no bank or firm grows so large that its collapse could jeopardize th
Asian Hotels West buys stake in Inovoa Hotels

2nd September, 2010 20:28

Asian Hotels (West) Ltd said on Thursday it acquired 16.38% stake in Inovoa Hotels and Resorts Ltd.
Baer Capital eyes new PE fund, plans first exit

2nd September, 2010 20:28

India-focused Baer Capital Partners expects to raise around USD 300 million for a second private equity fund and plans its first exit by floating a power distribut
NTPC new CMD Arup Roy Choudhury cuts capacity targets

2nd September, 2010 19:32

NTPC�s new chairman and managing director Arup Roy Choudhury who has taken over yesterday has revised capacity targets, reports CNBC-TV18.
Limited upside seen in Reliance Industries

2nd September, 2010 18:33

Sonam Udasi, Head Treasury, IDBI Capital is of the view that limited upside seen in Reliance Industries.
Monnet and Percept announced JV to promote boxing

2nd September, 2010 18:22

Monnet Ispat and Energy Limited and Percept Limited announce India�s 1st Joint Venture to promote boxing in the country
Markets rally: Is it a signal to sell?

2nd September, 2010 18:02

The Sensex ended on a flat note after gap up opening of 100 points. It was a volatile session for the markets as Nifty struggled to past 5500 mark in the entire se
Sonam Udasi bullish on IVRCL Infra, HCC

2nd September, 2010 17:42

Sonam Udasi, Head Treasury, IDBI Capital is bullish on IVRCL, HCC and Nagarjuna Construction.
Pakistan trio requested to be dropped from tour

2nd September, 2010 17:39

Three Pakistan cricketers implicated in a match-fixing controversy have asked not to play in the team's remaining matches in Britain, the Pakistan High Commissione

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