Market cues: FIIs net sell $153.3 mn
Market cues: FIIs net sell USD 153.3 million in the cash market on Jan 14.
Asian markets trading firm; Hang Seng, Nikkei up
At 7: 48 am (IST), Asian markets were trading firm. Hong Kong's Hang Seng was up 0.25% or 60.16 points at 24,217.13. Japan's Nikkei was up 0.18% or 18.41 points at 10,521.27. Singapore's Straits Times was up 0.14% or 4.54 points at 3,243.17. South Korea's Seoul Composite added 0.28% or 5.98 points at 2,105.83.
Euro weakens for second day against dollar
Euro weakened for a second day against the dollar on concern that EU agreement will fail to halt crisis.
ONGC shortlisted six merchant bankers
The Disinvestment Department and ONGC have together shortlisted six merchant bankers to manage the sale of 5% Government equity in ONGC.
Tata Steel offer: Merchant bankers' action unethical
The Steel Ministry is upset at the four merchant bankers handling Tata Steel's follow-on offer because they are due to handle the SAIL offering also.
NAVs end with negative returns; as markets end flat
Equity diversified NAVs ended lower with advance:decline ratio of 39:210, as the Indian benchmarks closed extremely volatile session on a flat note on Monday while broader markets underperformed benchmarks.
Apple's Steve Jobs Takes Second Medical Leave; Shares Fall
Apple Chief Executive Steve Jobs is taking medical leave for the second time in as many years, sending shares tumbling close to 10 percent as the news revived concerns over the long-term future of the iPhone- and iPad-maker.
QInvest Picks Up Stake In Education Company FIITJEE
QInvest, Qatar’s leading investment bank, has acquired a stake in FIITJEE Ltd, India’s leading test preparation company for engineering and medical entrance examinations. Neither the acquisition cost nor the stake acquired is disclosed.
An open letter to our leaders: India Inc
It seems to be the era of open letters, and India Inc is using the platform to make its gripes and concerns known to the political leadership of the country.
See rapid growth in agriculture: FM
Finance Minister, Pranab Mukherjee has said that India’s economy recovery was broad-based and driven by the industry. “The rapid recovery of growth momentum is comforting but we cannot be complacent as there are several challenges Indian economy faces.
PM may reshuffle cabinet in next 48 hours: Sources
Prime minister Manmohan Singh may reshuffle his cabinet within the next 48 hours, reports CNBC-TV18.
Injured Tendulkar, Sehwag in World Cup squad
India will gamble on the fitness of Sachin Tendulkar, Virender Sehwag, Gautam Gambhir and Praveen Kumar after the four injured players were included in the final 15-member squad on Monday for next month's World Cup.
Citibank's compensation not deter probe say police
Police sources say even If Citibank compensates its victims, their probe would carry on. Citibank has offered to compensate the fraud victims.
'Green Hornet' flies high at box office
"The Green Hornet" flew into the top spot at the weekend box office in North America on Sunday despite bad critical buzz for the 3-D superhero comic-book adaptation.
Fired Renault execs vow to fight spy case dismissal
Two Renault executives sacked on suspicion of leaking information about the carmaker's electric vehicle programme have vowed to fight their dismissals, as a third waited to hear his fate on Monday.
Lufthansa wants to deny Emirates slots in Berlin
German airline Lufthansa wants Emirates airline to be denied landing slots at Berlin's new airport, saying the Dubai-based carrier had an unfair advantage, according to a UAE newspaper on Monday.
Growth vs inflation trade-off gets tougher in Asia
Asian policymakers presiding over a sturdy economic recovery can be forgiven if they felt smug watching Europe's debt crisis and America's budget woes mount.
Italy antitrust body closes Google probe
Italy's antitrust authority closed a probe into whether Google coerced local newspapers into posting stories on its news site, it said on Monday, accepting commitments proposed by the internet search group.
Non-bank lenders see strong Q3 on demand growth: Poll
Mid-cap non-banking financial companies are likely to post robust income and profit growth driven by strong demand for credit, but rising interest rates may put pressure on margins in the coming quarters.
India gold seen falling further
India gold futures are likely to extend losses for third week in a row due to expectations of a strong dollar overseas, though renewed physical interest from traders are likely to limit the downside, analysts said.
RIM to abide by Indonesia porn access ban
Research In Motion (RIM), makers of the popular Blackberry telephone and messaging system, said on Monday they would comply with an Indonesian government order to block access to porn sites from its devices.
England to be world's top test team: Stewart
England will go on from their Ashes 'annihilation' of Australia to overtake India and South Africa and become the world's top-ranked test nation within 18 months, according to former captain Alec Stewart.
Growth in airline premium travel slows in November
The increase in the number of people flying first and business class on international flights slowed in November, but the airline industry body IATA said the upward trend in air travel remained intact.
Injured Hussey's World Cup place in doubt
Australia batsman Mike Hussey faces a battle to be fit for the start of next month's World Cup after suffering a "significant" hamstring injury during Sunday's ODI against England, Cricket Australia said on Monday.
