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2G Scam: CBI questions Senior Stan Chart Exec

20th July, 2011 23:18

CBI today questioned a Singapore-based senior executive of Standard Chartered Bank in connection with the takeover of Aircel by the Maxis group -- the deal in whic
SEBI directs 14 firms to address investor complaints

20th July, 2011 23:13

Securities market regulator SEBI today directed 14 companies to act on pending investor complaints within 15 days, failing which a penalty of up to Rs 1 crore each
Refiners seek more Saudi oil for August: Sources

20th July, 2011 22:36

Indian refiners want top exporter Saudi Arabia to supply more oil for August after their number two source, Iran, threatened to cut off exports of 400,000 barrels
Crompton Greaves, Wipro take off market gloss: Udayan

20th July, 2011 22:20

It was disappointing to see the Nifty come off in the second half of the session. Finally, it closed shop around 5,560 marks down about 50 points after the Nifty t
Banks ready multi-strand Greek rescue plan: Sources

20th July, 2011 21:51

Banks are poised to offer a complex Greek rescue proposal, which excludes a bank levy, to a meeting of euro zone leaders on Thursday, industry sources said.
CAG to audit NREGA by September

20th July, 2011 21:44

The former environment minister is making headlines once again. Just a week after taking over Rural Development, minister Jairam Ramesh is all set to make his mini
Cox & Kings acquires stake in US-based travel firm Radius

20th July, 2011 21:20

Travel firm Cox and Kings today said it has acquired a stake in US-based travel company Radius for an undisclosed amount.
Mindtree profit surges on IT services business growth

20th July, 2011 21:14

Mid-tier services firm MindTree Ltd on Wednesday reported an April-June net profit that outpaced analysts' expectations, helped by a 40% jump in revenue from IT se
Noida land issue: CREDAI to challenge Allahabad HC order

20th July, 2011 20:54

Pankaj Bajaj, President of CREDAI NCR said that the interest of the developers and the end customers have not been represented adequately and hence, the CREDAI wil
Dr Reddy's may lose $30m on US import ban from Mexico plant

20th July, 2011 20:43

Dr Reddy�s Laboratories today said that up to USD 30 million in annual revenues could be impacted due to import ban by US Food and Drug Administration on some prod
Global fund managers do not see QE3 coming: Survey

20th July, 2011 20:37

A majority of international fund managers believe that US Federal Reserve will not get into a third round of quantitative easing -- QE3 -- by pumping more money in
Metro tax collections slump

20th July, 2011 20:20

With direct tax collections now accounting for more than 56% of the government�s total revenue mop up, the finance minister is looking forward to a stellar perform
Indian telecom policy lacks accountability, say experts

20th July, 2011 20:19

The Indian telecom sector is widely acknowledged as a poster child of the Indian reform story that started 20 years back and has led to some spectacular gains. But
2G: Raja's aide questions undue haste in granting sanction

20th July, 2011 20:02

Former Telecom Minister A Raja's personal secretary R K Chandolia, an accused in 2G scam, today told a Delhi court that "the sanctioning authority had acted withou
Blackburn pull-out was an over-reaction: Indian official

20th July, 2011 19:01

Blackburn Rovers' last-minute postponement of their tour of India due to safety concerns was an over-reaction, a senior Indian soccer official said on Tuesday.

Never saw Brooks in her pyjamas, retorts under-fire Cameron

20th July, 2011 23:15

British Premier David Cameron today faced tough questions in the parliament over the extent of his relationship with Rebekah Brooks and was forced to defend himsel
Stubborn inflation signals administrative paralysis: Jalan

20th July, 2011 23:00

In an interview with CNBC-TV18, former Reserve Bank of India (RBI) Bimal Jalan said that it's administrative inaction and not lack of policy reforms. "It is a kind
Global Markets: US, EU debt optimism buoy stocks, euro

20th July, 2011 22:36

World stocks, with the exception of Wall Street, rose on Wednesday on strong earnings results and hopes for an increase in the US debt ceiling, while the euro gain
Indian investor turns risk taker; eyes global pie

20th July, 2011 22:10

Global equity markets are perhaps going through volatile times, but Indian investors are not discouraged from taking active interest in global funds. As a matter o
JNPT on expansion spree, expects policy support

20th July, 2011 21:51

India's largest port operator Jawaharlal Nehru Port Trust (JNPT) has embarked on an expansion spree of mammoth proportions. And things have kicked-off with the awa
Gold dips on hopes for progress on debt talks

20th July, 2011 21:20

Gold eased on Wednesday, retreating further from the previous day's record high, as hopes for a positive outcome to Thursday's euro zone summit and signs that talk
Ecolab to buy Nalco Holding for $5.4bn

20th July, 2011 21:20

US cleaning products giant Ecolab Inc offered to buy water treatment services company Nalco Holding Co for USD 5.4 billion, as it looks to bolster its presence in
Air India asked to pay 252,000 pounds to its former staff

20th July, 2011 21:00

Air India has been ordered by a UK court to pay a whopping 252,000 pounds towards outstanding employment claim with accrued interest to one of its former London-ba
HC asks AI to pay Rs 75 lakh compensation to kin of victims

20th July, 2011 20:53

The Kerala High Court today directed Air India to pay compensation of Rs.75 lakh each to the family of 158 passengers who died in last year's Mangalore air crash.
The Hindu feud: 3 editors step down in protest

20th July, 2011 20:43

In the case involving succession war in The Hindu newspaper, three editors today stepped down protesting against the appointment of Siddharth Varadarajan as editor
Govt lowers GDP growth projection to 8.6%

20th July, 2011 20:24

The finance ministry has now officially revised downwards the GDP growth rate for this fiscal. FY12 growth is now expected at 8.6 %, revised downward from the 9% i
India inks $315m loan agreement with ADB

20th July, 2011 20:20

The government today signed a loan agreement worth USD 315 million with multilateral funding agency Asian Development Bank (ADB) for the Karnataka State highway im
Six big firms warned against delay in mining coal block

20th July, 2011 20:09

The government has issued a stern warning to a consortium of six corporates -- Vedanta's Sterlite Energy, Lanco, GMR Energy, Reliance Energy, Essar Group's Navabha
Exide Q1 net profit down at Rs 163.20 cr

20th July, 2011 19:40

Exide has announced its first quarter results. The company's Q1 net sales were up at Rs 1,243.67 crore versus Rs 1,151.68 crore, year-on-year, YoY.
Signs India taking small steps on key reforms

20th July, 2011 19:01

US Secretary of State Hillary Clinton has called for India to further open up its economy for foreign investment and reduce barriers for trade.

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