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Articles »

Malvinder Singh Denies Daiichi Allegations

by CNBC-TV18 | 23rd-May-13 19:51

A war of words has broken out between current owners and former promoters of beleaguered pharma company Ranbaxy. A day after Daiichi Sankyo, the current owners of Ranbaxy accused "certain former shareholders of the company for concealing and misrepresenting critical information about the U.S. Justice Department and FDA probe, former Ranbaxy promoter Malvinder Singh has denied all allegations. In a chat with CNBC-TV18, Malvinder Singh said Daiichi\'s claim\'s are convenient diversion to distract shareholders from its current problems

SEBI To Get More Teeth

by CNBC- TV18 | 16th-May-13 19:02

The Finance Ministry has moved a cabinet note to amend the Securities Law in a proposal to widen & enlarge the definition of collective investment schemes & bring it under the ambit of SEBI.

Law Min Clears Amendment to Allow Put & Call Options

by CNBC- TV18 | 15th-May-13 20:05

Law Minister clears amendment to allow put & call options to investors in a move to attract foreign investors & PE funds.

HSBC Hits Big, Strikes Deal Worth $7 Bn In Last 3 Months

by Nimesh Shah | 30th-Apr-13 17:25

HSBC is turning out to be the banker of choice for European MNCs planning to consolidate their presence in India.

Forex reserves at $292.65 billion as on March 29

by Reuters | 5th-Apr-13 18:44

Foreign exchange reserves fell to $292.65 billion as of March 29, from $293.37 billion in the previous week, RBI said on Friday.

RBI Expects Around 30 Applications For Bank Licenses

by CNBC- TV18 | 5th-Apr-13 17:39

Approvals for new bank licenses are likely to come by Q1 of 2014 after HLAC screens applications.

Cobrapost Sting: KYC Violations By ICICI, Axis & HDFC Bank

by CNBC-TV18 | 5th-Apr-13 16:15

Investigation done by RBI reveals KYC violation by ICICI Bank, Axis Bank & HDFC Bank in verifying details in transactions above Rs 50,000 & for Gold & Investment products but also stated that the amounts were small with no serious money laundering done by banks.

Telstra Expected To Renew I.T. Contracts Worth $2 Bn

by CNBC- TV18 | 4th-Apr-13 18:50

Telstra is expected to renew their I.T. contracts worth $2 bn, TCS, Infosys, HCL Tech & Mahindra Satyam are expected to bid for the contract.

Appear Personally, Submit Asset Details, Sebi To Subrata Roy

by PTI | 26th-Mar-13 19:47

Tightening its noose around Sahara group, market regulator Sebi today asked Sahara group chief Subrata Roy and three other top executives to submit details of their assets, bank accounts and tax returns by April 8 followed by personal hearings on April 10.

Indian IT Cos In Race For $4 Bn Mega U.S. Deal

by Kritika Saxena | 22nd-Mar-13 17:39

U.S. SEC has kick started the process for the biggest contract in the BFSI space worth $4 bn.Indian IT cos to compete against Google, IBM & Accenture.

RBI Seen Cutting Repo Rate By 25 Bps: CNBC-TV18 Poll

18th-Mar-13 18:22

The RBI is expected to cut policy rates on March 19, according to a CNBC TV-18 poll, after the weakest economic growth in a decade, slowing inflation and a commitment by the government to contain its fiscal deficit.

Govt Mulls To Hike FDI Cap To 49% In Select Sectors

by CNBC-TV18 | 13th-Mar-13 20:04

Getting long term inflows through the foreign direct investment route is at the top of a list of remedies to address the current account deficit and the north block plans to do so by doing away with the 26% FDI cap.

NHAI Wtihdraws Case Against MoEF

by CNBC-TV18 | 12th-Mar-13 20:00

NHAI withdraws its case against the environment ministry

Budget impact: Rupee falls 49 paise to 54.35/$

by CNBC-TV18 | 28th-Feb-13 18:42

The U.S. Dollar ended sharply dearer against the Rupee at 54.35/Dollar

No Takers For 2nd Round Of GSM Spectrum

by PTI | 25th-Feb-13 19:40

The second round of 2G spectrum sale is virtually set to be a flop show as there is no applicant for GSM band of radiowaves while Sistema Shyam is the only firm for CDMA band at close of deadline today for applying to take part in the auction.

TCI Says CIL Hoarding Cash, Giving Poor Dividends

by CNBC-TV18 | 19th-Feb-13 19:11

TCI has written another letter to CIL board asking them to pay out 100% of its net profit in dividend of Rs 30 per share starting this fiscal year.

HDIL Stock Rises 11% On Positive Brokerage Reports

by CNBC-TV18 | 25th-Jan-13 19:39

Mumbai-based real estate firm Housing Development and Infrastructure (HDIL) bounced back with gains of more than 10 percent on Friday after sharp rall in previous four sessions as the research firm Macquarie has put an outperform rating on the stock with a target price of Rs 168.

Hero MotoCorp Workers To 'Go Slow'

by Ronojoy Banerjee | 22nd-Jan-13 18:28

Labour woes at Hero MotoCorp continues. CNBC-TV18 learns that the Gurgaon factory workers could "go slow" on production starting tomorrow.

Etihad Likely To Finalise Deal With Jet On Jan 25

by Kritika Saxena | 22nd-Jan-13 17:59

West Asian carrier could pay up to $330 mn for a 24% stake in Jet Airways.

FIPB Clears IKEA's Rs 10,000 cr Investment Proposal

by CNBC-TV18 | 21st-Jan-13 20:04

FIPB has cleared IKEA\'s investment proposal & now it will go for CCEA approval.

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