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India offers USD 190 million credit line to Tanzania

27th May, 2011 22:09

India today announced a new line of credit and assistance of USD 190 million for Tanzania and signed an agreement on avoidance of double taxation as the two nation
Not aware of political affiliations of directors: Tata Comm

27th May, 2011 22:00

Tata Communications today said it is not aware about the political affiliations of the company's directors, amid reports that some of them were members of M Karuna
Modi slams Centre for restricting cotton export

27th May, 2011 21:51

Gujarat chief minister Narendra Modi today slammed union government for imposing restriction on export of cotton bales stating the measure is 'anti-farmer'.
CBI team inspects mining companies' boundaries

27th May, 2011 21:44

A CBI team today conducted survey and inspection of boundaries of some mining companies on Karnataka-Andhra Pradesh borders including those belonging to state's To
Lagarde IMF candidacy 'completely acceptable': Putin

27th May, 2011 21:33

Russian Prime Minister Vladimir Putin said on Friday that French Finance Minister Christine Lagarde's candidacy to head the International Monetary Fund was "very s
GoM for conditional approval for Cairn-Vedanta deal

27th May, 2011 21:26

Recommending conditional approval for the Cairn-Vedanta deal, a Group of Ministers said the two companies must agree to treating royalty on mainstay Rajasthan bloc
GoM okays selling majority stake in Cairn India to Vedanta

27th May, 2011 20:50

A ministerial panel on Friday agreed to government granting approval to UK's Cairn Energy selling majority stake in its Indian unit to Vedanta Resources apparently
March quarter growth seen at 8.2% year-on-year

27th May, 2011 20:40

Median forecast from a poll of 28 economists is for an annual growth of 8.2% in the quarter through March, unchanged from the previous quarter.
Greeks fail to agree on debt measures amid aid threat

27th May, 2011 20:40

Greece's prime minister failed to convince opposition leaders on Friday to support tougher austerity measures to free up EU/IMF aid needed to avert a debt default.
'Gaddafi has lost all legitimacy. He must go': G8 draft

27th May, 2011 20:35

The leaders of the G8 powers were to tell Libyan strongman Muammar Gaddafi that he has lost all legitimacy and must step down, according to a draft version of thei
Greeks hold crunch austerity talks amid aid threat

27th May, 2011 19:59

Greece's prime minister held talks with opposition leaders on Friday in a last-ditch attempt to win their support for more austerity and free up EU/IMF aid needed
India eyes diplomacy and private sector to woo Africa

27th May, 2011 19:59

Bereft of China's riches, India is banking on diplomacy, development and its entrepreneurial private sector to woo African nations to open markets and natural reso
India's FX reserves at USD 308.534 bn as of May 20

27th May, 2011 19:37

India's foreign exchange reserves rose to USD 308.534 billion as of May 20 from USD 307.493 billion in the previous week, the Reserve Bank of India (RBI) said in i
RBI clarifies norms for NBFCs entering insurance biz

27th May, 2011 19:37

The Reserve Bank of India (RBI) on Friday clarified norms relating to equity contribution by non-bank finance companies (NBFCs) wanting to enter insurance business
US offers help to India in dealing with money laundering

27th May, 2011 19:25

The US today offered assistance to India to deal with money laundering and fake currency menace, besides cooperation in issues related to cross-border terrorism.

'Fine food' retail is the new buzz word!

27th May, 2011 22:05

Mass market is pass�. Gourmet retailing is the new buzz word among retailers. And established giants are wading into this new arena with abandon, CNBC-TV18's Manas
Matrix to help bring Mylan's drugs into Indian market

27th May, 2011 21:52

Drug research firm Matrix no longer exists, at least in name. It has taken on the name of American drug giant Mylan, which bought a majority stake in the company t
Vodafone-Essar deal deadline may be extended to June 1

27th May, 2011 21:47

Vodafone gets a breather in the tax liability case against Essar. The deadline for Vodafone's payment for 22% stake in Essar has been extended to June 1 from the e
Internal accruals to cut HDIL's debt by 20-25% in FY12

27th May, 2011 21:33

Housing Development and Infrastructure (HDIL) expects to cut debt by 20% to 25% this fiscal, mostly through internal accruals, on improved cash flows from resident
G8 summit strives to keep IMF race talk in the wings

27th May, 2011 21:33

G8 leaders meeting in France for their annual summit this week kept their discussions on the IMF succession strictly in the corridors and avoided any joint endorse
2G scam: Mauritius SC directs Mauritius AG to assist CBI

27th May, 2011 21:11

In the recent development investigation in the 2G scam, Mauritius SC has directed Mauritius Attorney General (AG) to assist Central Bureau of Investigation (CBI),
US consumer spending tepid, inflation accelerates

27th May, 2011 20:40

US consumer spending rose modestly in April, starting the second quarter on a soft note as high gasoline prices continued to squeeze household finances and keep in
Tata Chemicals buys US potash miner EPM

27th May, 2011 20:40

Tata Chemicals said on Friday its overseas unit had acquired ownership and control of US-based postash miner EPM Mining Ventures for an undisclosed sum.
Make public reasons for not charging Ambanis: CIC to CBI

27th May, 2011 20:40

The Central Information Commission has directed the CBI to make public reasons for not including names of top Indian industrialists Mukesh Ambani and Anil Ambani i
Rana-Headly trial: Impact on India-Pak & India-US relations

27th May, 2011 20:09

The Rana-Headly trial in Chicago has revealed massive evidence directly linking the ISI to 26/11. In turn, this has raised critical questions about India�s relatio
Ratings agencies' warnings, actions on Japan debt

27th May, 2011 19:59

Fitch Ratings on Friday cut Japan's outlook to negative from stable, warning of risks to its already tattered public finances from a massive earthquake and tsunami
Fortis Healthcare earmarks Rs 4bn as capex in FY12

27th May, 2011 19:59

Hospital chain Fortis Healthcare plans to spend about Rs 4 billion to raise its bed capacity by a quarter in a year, its finance chief said on Friday.
Govt raises ECB limit to $30 bn

27th May, 2011 19:37

India has decided to raise the limit for external commercial borrowings to USD 30 billion from USD 20 billion before, a senior finance ministry official said on Fr
Rel Capital Q4 PAT seen up 74% at Rs 112 cr

27th May, 2011 19:29

Reliance Capital is to announce its fourth quarter results. According to CNBC-TV18's estimates, the company's Q4FY11 total income is seen down 11% at Rs 1524 crore
Anant Raj Ind Q4 net seen down at Rs 46.58cr

27th May, 2011 19:24

Infra company Anantraj Ind is likely to announce dip in net profits at Rs 46.58 crore for quarter-ended March 2011, as per a CNBC-TV18 poll.

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