NAVs end strong as markets surge
Equity diversified NAVs ended strong with advance:decline ratio of 251:2. It was a spectacular session for Indian equities led by short covering across sectors and was a continuation of uptrend for the second consecutive day after a deep cut seen in previous five days.
Reliance Industries hires advisors to explore Atlas options
India's Reliance Industries might challenge Chevron's bid for Atlas Energy, according to a letter disclosed by the US natural gas producer in a filing with the regulators.
Answers.com to be taken private for $127 mn
Answers Corp, owner of the popular Q&A website, agreed to be bought by private-equity firm Summit Partners for about USD 127 million in cash.
US chains beat estimates, snow in January
Major US retailers shrugged off the snowiest January in six years to post sales that blew past analysts' estimates, easing concerns that consumers were all spent out after the holidays.
GoM to meet to address 'no go' mining issue
Coal Minister Sriprakash Jaiswal today said a Group of Ministers on Coal will meet within a week to try and iron out the vexed issue of "go" and "no-go" areas in coal blocks.
Egypt turmoil might trigger rise in air fares
A sharp rise in the price of aviation fuel due to present political turmoil in Egypt and fears of a domino effect on other oil-producing countries in the region is likely to trigger a hike in air fares.
Bharti Retail, Airtel tie up for shopping bill payment
Bharti Retail, wholly-owned subsidiary of Bharti Enterprises, today said it has started offering customers the facility to pay shopping bills through mobile phones.
India is developing good competition policy: WTO
India is developing an effective "competition policy" and is also making significant efforts to strengthen its intellectual property rights regime, a top WTO official has said.
Islamic fashion: A modern makeover for mum's abaya
Statuesque models clad in black robes with strategically placed slits and headscarves boasting vibrant flashes of color sashay down a Dubai runway to the theme song for a James Bond movie.
Nepal picks new PM after seven months of stalemate
Nepal's parliament elected a moderate communist leader as prime minister on Thursday, ending a political stalemate which the United Nations had warned could risk a peace process in the republic.
'Last Tango in Paris' star Schneider dies: Paper
French actress Maria Schneider, most famous for her role as Marlon Brando's lover in "Last Tango in Paris", has died aged 58, French media reported on Thursday.
Management tip of the day: Are you stuck with a bad boss?
You may not be able to change your bad boss, but there are ways to at least tilt the dynamic in your favor, according to says Harvard Business Review.
MasterCard beats forecasts as profit soars 41%
MasterCard Inc's fourth-quarter profit soared 41%, beating expectations, as consumers around the world spent more money using credit and debit cards.
As art market booms, some see the risk of bust
At the top end of the art market, the financial crisis seems a distant memory -- surging prices saw Christie's and Sotheby's post impressive 2010 results that were back to, or above pre-crisis levels.
Moody's profit beats as debt issuance picks up
Bond rating company Moody's Corp posted a higher-than-expected quarterly profit and gave a favorable outlook for 2011 as its ratings business benefited from the uptick in debt issuance.
Oil money stocks up the OPEC food larder
A scramble by oil-rich nations to spend their mounting petrodollars on food stocks and fend off price rises, which have triggered riots and revolution, could stoke wider inflation.
SKS chairman sees healthy growth if RBI sole regulator
India's microfinance sector can expect healthy growth if the Reserve Bank of India (RBI) becomes the sole regulator for the sector, SKS Microfinance chairman Vikram Akula said on Thursday.
ECB holds rates at 1%, inflation message awaited
The European Central Bank kept interest rates at 1% as forecast on Thursday, ahead of its policy statement where it is expected to repeat its recent inflation warning but signal that a rate rise is not imminent.
Karvy Private Wealth Takes over iTrust Financial Advisors
KARVY GROUP today, through its wealth management arm, Karvy Private Wealth, took over the wealth management business of iTrust Financial Advisors, one of India’s leading independent financial advisory firms, with operations in Delhi/NCR, Bangalore and Hyderabad.
ICSA reports income from operations increases by 12.24%
ICSA reported a increase of 12.24% in its Income from Operations, which stands at Rs 365.21 Crores in the quarter ending December 31, 2010 as against Rs 325.38 Crores in the previous quarter ending September 30, 2010.
Maruti Suzuki unveils its luxurious sporty sedan Kizashi
Maruti Suzuki unveils its luxurious sporty sedan Kizashi
Union Bank of India revises its base rate and interest rate
Union Bank of India has revised its base rate and Interest rate on deposits.
Gitanjali Gems acquires assets of DIT Group
Gitanjali Gems has acquired assets of DIT Group.
Bank of Baroda revises base rate to 9.50% from 9%
Bank of Baroda has revised its base rate upward by 50 basis points i.e 9.50% from 9% with effect from January 04, 2011.
Singapore's Equis plans Infra-Focused Debut Fund
The trend of new private equity firms eyeing the infrastructure opportunity in Asia continues.
