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Japan: Over 1,000 killed in quake & devastating tsunami

More than 1,000 people were feared dead in the massive tsunami triggered by Japan's most powerful earthquake which wrought devastation in northeast coastal Japan forcing the government to declare emergency at two nuclear plants after their cooling systems failed.

Credit Suisse in $70mn accord over subprime risk

Credit Suisse Group AG has agreed to pay USD 70 million to settle US litigation accusing the Swiss bank of misleading investors about its subprime exposure and ability to limit losses.

Aditya Birla Retail plans expansion push

Aditya Birla Retail, the retail arm of the USD 29 billion diversified Aditya Birla Group, plans to open as many as 130 supermarkets and a dozen hypermarkets in the fiscal year starting in April, to take advantage of the surging spending power of Indian consumers.

Travel Postcard: 48 hours in Abu Dhabi

Visitors looking for a mix of futuristic flair, up and coming development and historic charm might enjoy spending some time in Abu Dhabi, capital of the United Arab Emirates.

McLaren's Ron Dennis handed six-month driving ban

Lewis Hamilton's former McLaren Formula One team boss Ron Dennis has been banned from driving for six months after a string of traffic offences.

Oil slides as mega quake, tsunami swipe Japan

Brent crude futures fell below USD 114 on Friday as a massive earthquake rocked Japan, creating a 10-metre tsunami and shutting down dozens of plants in the world's third-largest oil consumer.

Jan industrial output growth unsatisfactory: Mukherjee

Finance Minister Pranab Mukherjee said on Friday he was not satisfied with the pace of expansion of India's industrial output, although January's reading was better than December's growth.

Travel Picks: Top 10 St Patrick's Day parades

An Irish Mardi Gras of sorts, St Patrick's Day parades are filled with music, food, tradition and revelry, and take over the streets of these world-class cities. From green rivers to flying potatoes, online travel adviser's Cheapflights.com has drilled down to the best of the best of the St Patrick's Day parades across the globe.

Apr-Feb commodity futures turnover surges 52%

Commodity futures turnover from April 2010 to February surged 51.9% on year to Rs 105.9 trillion, helped by trading in bullion and metals, though agri-commodities turnover rose a tad, the regulator said in a statement.

Garware Offshore bags 3-yr contract worth Rs 13cr

Garware Offshore Services Ltd said on Friday its anchor handling tug has got a three year contract worth about Rs 13 crore per annum from an exploration and production company.

Govt looking at suggestions on tax proposals: Pranab

Under fire for the proposal to tax high-end medical services, Finance Minister Pranab Mukherjee today told Lok Sabha he is examining various suggestions and would respond later.

Downgrades more likely if no coherent EU plan: Fitch

The risk of credit downgrades for euro zone governments will intensify if European leaders cannot agree a credible and coherent policy response to the bloc's debt crisis, ratings agency Fitch said on Friday.

FM announces incentives for investment in education, health

Finance Minister Pranab Mukherjee today made a slew of announcements, including to bring investments in education and health segments under the infrastructure sector and special grants for women self-help groups and fishermen.

All employees in Japan safe: Infosys, iGate

IT software majors Infosys and iGate, which have operations in Japan, today said all their employees are safe.

Can you have more than one mentor?

Aspiring executives tend to think of mentoring as a one-to-one relationship between a company veteran and an ambitious new employee.

Bono, Spielberg up for Gorbachev awards

Irish rocker Bono and Google co-founder Sergey Brin have been nominated for a new prize created by former Soviet President Mikhail Gorbachev to mark his 80th birthday, the organisers said.

Euro zone leaders agree to strengthen bailout fund

European leaders agreed on Saturday to strengthen the euro zone bailout fund, make its loans cheaper and lower the interest rate on loans extended to Greece, a move to get on top of the year-long debt crisis.

Lines of iPad 2 fans growing at Apple stores

Hundreds of people thronged Apple stores on both US coasts hours before the iPad 2 goes on sale Friday, signaling strong appetite for a device that dominates the fledgling market it created.

David, Victoria Beckham expecting a baby girl

British celebrity couple David and Victoria Beckham are expecting a baby girl, putting a new kick into their family of three rambunctious boys.

Nadal keeps goals short-term after early season injury

Having suffered an ill-timed leg injury at the Australian Open in January, Rafa Nadal is reluctant to look too far ahead for the rest of this season.

KEMFIN SERVICES buys 10 lakh shares of Splash Media

On March 11, 2011 KEMFIN SERVICES PVT LTD bought 1,000,000 shares of Splash Media Works at Rs 48 on the BSE. Yesterday the share closed at Rs 47.95.

PRUDENTIAL STOCK buys 3 lakh shares of Kiri Dyes

On March 11, 2011 PRUDENTIAL STOCK & SECURITIES LTD bought 151,287 shares of Kiri Dyes and Chemicals at Rs 311.99 on the NSE. Also it bought 150,000 shares of at Rs 311.99 on the BSE. Yesterday the share closed at Rs 303.80.

OPPENHEIMER FUNDS sells 7 lakh shares of Educomp Sol

On March 11, 2011 OPPENHEIMER FUNDS INC A/C OPPENHEIMER INTERNATIONAL GROWTH sold 700,000 shares of Educomp Solutions at Rs 422.98 on the NSE. Yesterday the share closed at Rs 415.70.

JOLLY TRADING sells 5.55 lakh shares of JMD Telefilms

On March 11, 2011 JOLLY TRADING & MERCHANDISE PRIVATE LIMITED sold 555,000 shares of JMD Telefilms Industries at Rs 15.61 on the BSE. Yesterday the share closed at Rs 15.55.