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Cong revives Bhatta-Parsaul issue, Sachin Pilot arrested

22nd May, 2011 20:12

Reviving the Bhatta-Parsaul farmers' issue, Congress leader Sachin Pilot today visited protestors lodged in Dasna Jail and was arrested on way to the violence-hit
KSK Energy may raise Rs 1,200cr to fund projects

22nd May, 2011 18:42

KSK Energy Ventures may raise up to Rs 1,200 crore debt to fund its wind energy projects across the country, sources close to the development said.
Housing demand falls by 20% in Noida Extension

22nd May, 2011 18:30

Housing demand in Noida Extension area in the National Capital region has fallen by at least 20% following a court order directing return of land acquired for resi
Gas prices should be market-driven: Chawla panel

22nd May, 2011 18:20

The oil ministry's plan to make users of domestic natural gas pay more so that costlier imported LNG finds buyers has been opposed by a high-level committee, heade
Govt to hold consultations on new rules for stock exchanges

22nd May, 2011 17:57

The government will begin tomorrow its consultations with various stakeholders regarding a new set of rules on how stock exchanges should be owned and run, propose
Bajaj Hindusthan plans Rs 1820cr rights issue

22nd May, 2011 17:38

The country's largest sugar maker Bajaj Hindusthan is planning to launch a rights issue to raise Rs 1,820 crore for part repayment of debts.
HSIL plans to invest Rs 500cr in 3 new plants in Gujarat

22nd May, 2011 17:12

Hindustan Sanitaryware & Industries (HSIL) plans to invest Rs 500 crore in the next seven years to set up three new plants in Gujarat.
Dabur to bring Turkish brand Hobby in India by Sept

22nd May, 2011 16:54

FMCG firm Dabur today said it is planning to launch in India by September this year personal care brands of Turkey's Hobi Kozmetik, which it had acquired last year
Six cos listed on BSE in FY12 give -ve returns of up to 70%

22nd May, 2011 14:37

As many as six companies that made their debut on Bombay Stock Exchange (BSE) in the current fiscal are trading well below their issue price, resulting in signific
EPFO won't look at past performance while making new AMCs

22nd May, 2011 14:29

Retirement fund body EPFO will not take into account the past performance of previously engaged ICICI Pru, HSBC AMC, SBI and Reliance Capital while finalising the
ONGC and SBI biggest losers in market cap past week

22nd May, 2011 14:18

Hit by huge losses in the market capitalisation (m-cap) of state-owned Oil and Natural Gas Corporation (ONGC) and State Bank of India (SBI), the combined market wo
Phadnis Infra plans to invest Rs 1,700 cr over 5 yrs

22nd May, 2011 14:09

Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans.
I-T dept starts scrutiny of frozen IPO scam demat accounts

22nd May, 2011 13:44

The Income Tax Department has started scrutinising over 6.5 lakh demat accounts, which were frozen following 2006 IPO scam, to see if blackmoney was used to purcha
IMF chief should not be chosen on nationality: G20 group

22nd May, 2011 12:49

Merit, not nationality, should determine who replaces Dominique Strauss-Kahn as the chief of the IMF, the finance ministers of Australia and South Africa said in a
Pakistan army denies US troops were in northwest

22nd May, 2011 11:21

Pakistan's military has denied a report that US special forces were embedded with Pakistani troops for intelligence- gathering missions in the northwest of the cou

Emerging market stock funds see USD 1.64bn outflows

22nd May, 2011 18:49

Investors pulled out USD 1.64 billion from emerging markets equity funds last week for the first time in two months.
Mergers within group should be exempted from CCI norms: CII

22nd May, 2011 18:37

Industry body CII today said competition watchdog CCI's approval should not be made mandatory for mergers and amalgamations between group companies.
Tata's 'remarks' on Ambani home spark controversy

22nd May, 2011 18:24

Ratan Tata's purported remarks expressing surprise at fellow industrialist Mukesh Ambani living in a billion-dollar mansion in Mumbai has sparked off a controversy
Indian Bank tops RoA chart of public sector banks

22nd May, 2011 18:05

State-owned Indian Bank has fared better among the PSU banks by recording highest returns on assets for the financial year ended March, 2011, according to an analy
Rising input cost,liquidity crunch hitting SMEs growth

22nd May, 2011 17:51

Rising input costs and liquidity crunch are creating hurdles in the growth of small and medium enterprises (SMEs) mainly engaged in apparel business, says a survey
NMDC mulls JV in Colombia for coking coal

22nd May, 2011 17:27

State-run iron ore miner NMDC is exploring the possibility of forming a joint venture with a Colombian firm to get access of coking coal for fuelling its steel pla
No respite from high inflation pressure in FY'12: Barclays

22nd May, 2011 17:00

India is likely to reel under inflationary pressures for some time to come, and the Reserve Bank of India will continue with its tightening measures to curtail thi
HNG to invest 7m euros in German subsidiary

22nd May, 2011 14:41

India's largest glass containers manufacturer Hindustan National Glass & Industries (HNG) plans to invest around 7 million euros in its newly-acquired German subsi
Privatise Air India: Lufthansa CEO Carsten Spohr

22nd May, 2011 14:33

A top global airline official has suggested privatisation of Air India saying government involvement in running airline business does not help.
ADAG funds lower Reliance Industries exposure

22nd May, 2011 14:25

Anil Ambani group's Reliance Mutual Fund has lowered its exposure to Reliance Industries, presumably because of a below-par performance of the country's most value
Earth Infra to double revenue to Rs 800 cr in FY12

22nd May, 2011 14:11

Real estate company Earth Infrastructure is planning to double its revenue to Rs 800 crore in FY12 through its various housing projects in the NCR region, a top co
Real estate adds over Rs 1 lakh cr to Delhi's GDP in 2011

22nd May, 2011 14:00

Real estate services added over Rs 1 lakh crore to Delhi's GDP of Rs 2.58 lakh crore in 2010-11, emerging as top contributors to the city's economy and reflecting
RBI may up rates by 75 bps: Goldman Sachs

22nd May, 2011 13:22

Global banking giant Goldman Sachs has said it expects inflation to remain high this summer and the Reserve Bank is likely to further hike interest rates by 75 bas
2G case: HC to decide bail plea of corporate honchos

22nd May, 2011 11:55

The Delhi High Court is likely to pronounce on Monday it's order on the bail plea of five corporate honchos, including Unitech promoter Sanjay Chandra and Reliance
SAIL expects Rs 3,500 cr from share sale

22nd May, 2011 10:56

State-run Steel Authority of India expects to raise around Rs 3,500 crore (USD 778 million) from a share sale, its chairman said on Saturday, adding he expected st

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