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Mahindra Satyam, TechM to retain biz identities post merger

May 02, 2013 at 01:46 | Source: The Hindu BusinessLine

Hyderabad, May 1: The Mahindras are going to allow Mahindra Satyam and Tech Mahindra Satyam to retain their respective business identities after they merge. The merger is expected to happen some time this year after the Andhra Pradesh High Court giv...

Too cautious for their own good

Apr 27, 2013 at 00:16 | Source: Business Today

The beleaguered Kingfisher Airlines currently has a staggering debt of Rs 7,500 crore. One of its many lenders is the state-run Bank of Baroda (BOB), whose share of the amount is Rs 550 crore.Compare this to the bad loans given by BOB to all the mic...

Omnitech Infosolutions launches new fixed deposits

Apr 11, 2013 at 04:52 | Source: Economic Times

NEW DELHI: Omnitech Infosolutions has launched fixed deposits for tenures of one, two and three years. The minimum amount of investment is Rs 25,000 and in multiples of Rs 1,000 thereafter. Interest on the fixed deposit will be paid quarterly, annua...

Central Bank rolls out scheme for women

Mar 09, 2013 at 00:26 | Source: The Hindu BusinessLine

New Delhi, March 8: Central Bank of India has opened a women entrepreneur cell in Mumbai. The bank has also launched a new scheme — Cent Kalyani — to encourage women to start their own manufacturing/service enterprises, M. V. Tanksale, C...

New private banks to boost financial inclusion: Central Bank

Mar 08, 2013 at 21:46 | Source: The Hindu BusinessLine

New Delhi, Mar 8: The Reserve Bank move to award new banking licences to corporates will help promote the government’s financial inclusion initiative, Central Bank of India said today. “Well I absolutely welcome, because (in) those licen...

Blizzard bears down on Northeast power grid

Feb 09, 2013 at 03:27 | Source: Market Watch

SAN FRANCISCO (MarketWatch) – While it’s still far from clear whether this latest storm to batter the Northeast will be a blizzard of truly epic proportions, there’s not much doubt about where to expect the most damage. Just ask the folks at N...

Encashing Stake Change

Jan 24, 2013 at 00:36 | Source: Business Today

GlaxoSmithkline Consumer Healthcare investors are happy these days. Their stock touched an all-time high of Rs 4,391 on the National Stock Exchange, or NSE, on November 27 after GlaxoSmith-Kline, the parent, said a day before that it would increase ...

Bank lending limit to small units for plant, machinery raised

Jan 01, 2013 at 01:42 | Source: The Hindu BusinessLine

The Reserve Bank of India has upped the existing investment limits in plant and machinery/equipment for lending by banks to micro enterprises. The revision, which is within the overall ceiling of Rs 25 lakh for micro enterprises as defined in the Mi...

Chevron weighs on Dow as energy stocks drop

Dec 04, 2012 at 05:57 | Source: Market Watch

NEW YORK (MarketWatch) — Energy stocks succumbed to losses on Monday after spending much of the day in positive territory, as oil major Chevron Corp. weighed on the sector. Red ink built up after data showed an unexpected downturn in U.S. manufact...

Cabot Oil, Anadarko up as energy stocks flatten

Dec 04, 2012 at 02:02 | Source: Market Watch

NEW YORK (MarketWatch) — Independent producers Cabot Oil & Gas and Anadarko Petroleum led gains among natural gas producers on Monday, while shares of oil producers traded flat-to-lower and power firm Edison International drew an analyst downgrade...

Cabot Oil, WPX up as energy stocks rise

Dec 04, 2012 at 01:42 | Source: Market Watch

NEW YORK (MarketWatch) — Independent producers WPX Energy Inc. and Cabot Oil & Gas led gains among energy stocks in the S&P 500 on Monday, but shares of some power producers lagged behind on a downgrade of Edison International. Click to Play How t...

Here’s why gas is running low: Sandy blackouts

Nov 03, 2012 at 01:03 | Source: Market Watch

NEW YORK (MarketWatch) — Long lines for gasoline at the few stations still open remained a common sight in the New York City region on Friday as power outages hampered distribution despite plentiful supplies. Average retail gasoline prices in New ...

Tempers fray as New York faces fuel crunch, relief days away

Nov 02, 2012 at 09:12 | Source: DNA India

The fuel supply crisis gripping the New York area deepened on Thursday as the city s iconic taxis started turning away business while drivers searched hours for a tank of gas, and there were growing signs that the worst of the crunch is not over. Lon...

PSEG drops after Sandy; WPX Energy weighs

Nov 01, 2012 at 21:33 | Source: Market Watch

NEW YORK (MarketWatch) -- Public Service Enterprise Group shares fell on Thursday after the utility company said it’s facing the worse power outage in its history due to Hurricane Sandy, while energy stocks lagged bigger gains in the broad equitie...

BP, Anadarko lead energy catch-up play

Nov 01, 2012 at 04:02 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Anadarko Petroleum and BP Plc were among the top gainers in the energy sector Wednesday as the market worked through two days of down time, courtesy of megastorm Sandy. BP’s (NYSE:BP)  U.S.-traded shares jumped 3.6...

Anadarko, BP lead energy catch-up play

Nov 01, 2012 at 03:12 | Source: Market Watch

SAN FRANCISCO (MarketWatch) — Anadarko Petroleum Corp. and BP Plc led gainers in the energy sector Wednesday as the market worked through two days of down time, courtesy of megastorm Sandy. BP’s (NYSE:BP)  U.S.-traded shares jumped 3.6% to $43....

Dell sees PCs growing faster than smartphones for now

Oct 31, 2012 at 11:41 | Source: DNA India

On Tuesday, Dell announced a slew of products featuring the new Windows 8 operating system. P Krishnakumar, executive director marketing, Dell India, spoke to Beryl Menezes about the PC maker s strategy to retain its numero uno status in the Indian m...

Hurricane Sandy slows US nuclear plants, oldest declares alert

Oct 30, 2012 at 20:10 | Source: DNA India

Hurricane Sandy slowed or shut a half-dozen US nuclear power plants, while the nation s oldest facility declared a rare alert after the record storm surge pushed flood waters high enough to endanger a key cooling system. Exelon Corp s 43-year-old New...

Rally in trouble as negatives weigh in

Sep 18, 2012 at 01:32 | Source: Market Watch

In spite of the recent jubilee QE3 and the ECB's progress in developing a framework to address the continents financial troubles, the negative news far outweighs the positive. Congress returned from summer break last week with five days left before ...

HP opens global client support centre in Chennai

Aug 27, 2012 at 15:32 | Source: The Hindu BusinessLine

Chennai, Aug 27: Hewlett-Packard has launched a centre of excellence in Chennai to support clients globally. The centre is for SAP HANA, which is a platform from the German company SAP used for real time analytics. This centre will be the hub in Asi...

Next-gen Xbox more than a console for Microsoft
Big deal: Obama's shale gas decision is a huge opportunity for India "Big deal: Obama's shale gas decision is a huge opportunity for India"

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