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Rishad Premji sells 27.4% of his stake in Wipro

17th June, 2011 22:31

Wipro Chairman Azim Premji's son Rishad Premji, who is also chief strategy officer (CSO) in the company, has sold 27.4%, amounting to 2.6 lakh shares, of his total
Germany, France agree on second bailout package for Greece

17th June, 2011 22:22

Germany and France on Friday cleared the way for a second multi-billion euro rescue package for debt-laden Greece by reaching a compromise in their dispute over in
Polavaram project in Andhra Pradesh may see light soon

17th June, 2011 22:10

The Polavaram project in Andhra Pradesh is now most likely to see light. Having overcome a whole host of roadblocks, finally the state government is calling tender
No lights of joy on Dalal Street despite European recovery

17th June, 2011 21:55

Udayan Mukherjee, Managing Editor of CNBC-TV18 said, "It was a disappointing day for the market as the Nifty failed to get back above 5,400 levels, declining 2% to
Indian eco to grow, not without a tight rope walk: FM

17th June, 2011 21:38

India�s Finance Minister Pranab Mukherjee today emphasised that the Indian economy will grow at 9-9.5% in the coming years but inflation could be a dampener . CNBC
Greek reshuffle, Berlin-Paris deal ease euro fears

17th June, 2011 21:23

Greece's embattled prime minister sacrificed his finance minister on Friday to force through an unpopular austerity plan and avert bankruptcy, while EU powers Germ
Haryana to look into Maruti workers' demand for union

17th June, 2011 21:15

Haryana Labour Department on Friday said that Labour Commissioner would look into the demand of the workers at Maruti Suzuki India's Manesar plant to form a new un
ICICI Venture to raise upto Rs 1,000cr to invest in housing

17th June, 2011 21:11

Leading private equity firm ICICI Venture on Friday said it plans to raise up to Rs 1,000 crore from high net worth individuals in the next six-nine months to inve
PM to review performance of power, coal, environ sectors

17th June, 2011 20:59

Prime Minister Manmohan Singh will review on July 1 the performance of the power, coal and environment sectors during the past four years.
Sovereign debt crisis in Europe cause of concern: FM

17th June, 2011 20:39

Finance Minister Pranab Mukherjee on Friday said the sovereign debt crisis in some European nations is a cause of concern. Mukherjee said he wished the crisis were
2G report issue not over yet: Murli Manohar Joshi

17th June, 2011 20:34

Undeterred by Lok Sabha Speaker Meira Kumar returning the panel's controversial report on 2G scam, PAC Chairperson Murli Manohar Joshi on Friday said the issue was
Coal Min warns Gondwana Ispat, cancellation of blocks again

17th June, 2011 20:34

A day after deallocating coal blocks to NTPC and two others, the coal ministry on Friday warned Gondwana Ispat and Andhra Pradesh Development Corp that coal blocks
Greek PM dumps finance chief in bid to survive

17th June, 2011 20:18

Greek Prime Minister George Papandreou appointed a new finance minister on Friday in a crisis reshuffle to try to push through harsh economic reforms and avoid a d
2 SC judges recuse from hearing Kanimozhi's bail plea

17th June, 2011 19:55

Two judges of the Supreme Court, who were scheduled to hear on Monday the bail plea of DMK MP Kanimozhi, an accused in the 2G spectrum allocation scam, on Friday r
Hempel Paints bets on India; eyes 15% market pie by 2016

17th June, 2011 19:49

Denmark-based Hempel Paints on Friday said it is betting big on the protective and marine paints segment in India and expects to increase its market share in the c

Global economy 'slowing down temporarily': IMF

17th June, 2011 22:28

"Activity is slowing down temporarily, and downside risks have increased again. The global expansion remains unbalanced," the IMF said in World Economic Outlook re
India, EU FTA on track: German envoy

17th June, 2011 22:19

Germany today said negotiations between India and European Union were on track for signing a Free Trade Agreement and sought to downplay reports that European Parl
Indian economy to grow 8.2% in 2011, says IMF

17th June, 2011 22:00

The International Monetary Fund on Friday projected the Indian economy will expand by 8.2% in 2011, unchanged from its growth forecast made in April.
Rearrangement of Sensex stocks was much due: SP Tulsian

17th June, 2011 21:48

In an interview with CNBC-TV18, SP Tulsian of sptulsian.com gave his view on the rearrangement of the Sensex and what he expects from the ADAG stocks.
Gold cuts losses, eyes on Greece

17th June, 2011 21:23

Gold cut losses to trade steady on Friday as the dollar weakened and the Greek debt crisis raised risk aversion, which could still spur safe haven buying.
HC dismisses PIL for reconstitution of Lokpal committee

17th June, 2011 21:18

Madras High Court on Friday dismissed a PIL petition seeking to reconstitute the Joint Committee for drafting the Lokpal Bill as "a publicity oriented" litigation
Govt extends DEPB scheme till Sep 30

17th June, 2011 21:13

The government today extended the tax incentive scheme for exporters, DEPB, till September 30, a step which will benefit the exports sector.
Sun Pharma, CIL to replace RComm, Rel Infra on Sensex

17th June, 2011 21:00

Reliance Communication and Reliance Infrastructure will no longer be part of the Sensex. They are being replaced now by Coal India and by Sun Pharma, reports CNBC-
Maharashtra, Delhi NCR corner 54% of FDI in FY11

17th June, 2011 20:58

Maharashtra and Delhi & National Capital Region attracted over 50% of the FDI inflows into the country during 2010-11, according to the industry ministry data.
Crackdown on Baba Ramdev reminded of emergency days: Advani

17th June, 2011 20:35

Senior BJP leader and former Deputy Prime Minister L K Advani on Friday criticised the union government saying the crackdown on Baba Ramdev's agitation at Ramlila
Corruption and lack of transparency pose challenge: Blake

17th June, 2011 20:34

Stating that the future of Indian economy seemed bright, a US official on Friday said corruption and lack of transparency were the challenges mentioned by Indian a
IMF cuts US growth forecast, warns of crisis

17th June, 2011 20:29

The International Monetary Fund cut its forecast for US economic growth on Friday and warned Washington and debt-ridden European countries that they are "playing w
SEBI tells promoters to convert holdings in demat form

17th June, 2011 20:09

Market regulator SEBI on Friday asked the promoters of listed companies to convert their entire equity holding in the dematerialized form by September 2011, failin
No force used against Ramdev's supporters: Police tells SC

17th June, 2011 19:49

Delhi Police on Friday refuted the allegation of laticharge on yoga guru Ramdev and his supporters at the Ramlila Maidan but justified its midnight crackdown on th
Medha Patkar to join anti-Posco stir

17th June, 2011 19:49

Public protest against the Posco project in Orissa on Friday received a boost with eminent social activist Medha Patkar deciding to join it even as the state gover

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