Ministry says ONGC FPO before end of March
The Petroleum Ministry on Friday said there will be no delay in the ONGC follow-on public offer, and that it will come out this fiscal.
How to play your cards right in the stock market
Sir John Templeton says, “To buy when others are despondently selling and sell when others are avidly buying requires the greatest fortitude and pays the greatest potential reward.” But how does one achieve this? Amit Trivedi explains.
Okay with Essar IPO of Indian JV stake: Vodafone
British telecoms firm Vodafone said on Sunday it had not blocked Essar from conducting an initial public offer (IPO) of the latter's stake in Vodafone Essar, India's third-largest telecoms company by subscribers.
Asia to see soaring prices in 2011
Asia's rapid economic growth will moderate slightly in 2011 even as policymakers combat rising prices with higher interest rates and try to keep local currencies from appreciating too sharply, a Reuters quarterly poll showed.
One dead, 100 hurt in Bangladesh wage protest
A man was killed and nearly 100 others were wounded when police fired rubber bullets and tear gas to disperse protesters demanding higher wages in Bangladesh on Sunday, police said.
US, UK lost legitimacy to lead Afghan solution: British MP
The United States and Britain have lost the legitimacy and trust necessary to find a resolution to the conflict in Afghanistan, a British MP said on Sunday as Asia's largest literary event turned to politics.
King's Speech reigns with Producers Guild award
The King's Speech won best-produced film from the Producers Guild of America on Saturday, a regal boost to its Oscar aspirations in an awards season so far swept by The Social Network.
NMDC, Tata Steel in talks for steel plant
The state-run NMDC Ltd has decided to set up its second steel plant in central India through a joint venture and is in talks with two companies one of which is Tata Steel, the Business Standard reported on Sunday.
Godrej Consumer plans second hike in soap prices
Personal care products maker Godrej Consumer Products plans to raise prices of soaps for the second time in 2011, by 3-5%, in an effort to battle mounting raw material costs, its Chairman said late on Saturday.
EFSF could use different interest rates: Germany
The European rescue fund could use different interest rates in the debt it raises to help boost its effective lending capacity without having to increase the headline sum, German Economy Minister Rainer Bruederle said.
Bhupathi, Paes in angry square off against opponents
Doubles players angrily squared up to each other at the Australian Open on Saturday, with Indian pair Mahesh Bhupathi and Leander Paes going eyeball-to-eyeball with their opponents at the net.
Nadal slaps down Tomic as Australian hopes die
Rafa Nadal's quest to win four consecutive grand slam titles survived a feisty third-round challenge from teenager Bernard Tomic as record crowds flocked to the Australian Open in the hope of local success on Saturday.
West makes no headway in Iran nuclear talks
World powers failed to make progress with Iran in two days of talks on its nuclear programme, with the EU calling the discussions disappointing and saying no further meetings between the two sides were planned.
ONGC's West offshore oil output down 6.3% after leak
Oil and Natural Gas Corp.'s (ONGC) daily oil output from the country's biggest oil fields, off the west coast, has declined 6.3%, it said on Saturday, a day after it detected leak in an undersea pipeline.
India group defers Riversdale bid decision to Jan 27
The Indian state consortium has deferred a decision on a possible rival bid for Africa-focused coal miner Riversdale to Jan 27 and it has sought more information from its adviser, its chairman said on Saturday.
Greece will not restructure its debt: FM
Greece will avoid restructuring its debt by generating primary budget surpluses and by implementing reforms that will bring growth in the years ahead, its finance minister told Sunday Eleftherotypia newspaper.
Talk of debt restructuring hurts Greece: Bank of Greece
Greece's central banker said in a newspaper interview on Sunday that talk of debt restructuring is hurting the country as it struggles to exit a huge fiscal crisis that has shaken the euro zone.
Formula One viewing figures rose in 2011
Formula One's global television audience increased to 527 million viewers in 2010 with growth in nine out of the 11 largest markets, according to the official formula1.com website.
Karzai rows back to end crisis over parliament
Afghan President Hamid Karzai on Saturday abandoned his decision to delay the inauguration of parliament by a month, lawmakers said, bowing to heavy domestic and international pressure to end days of political turmoil.
Investment banks face pressure to diversify
Trading activity is weak, regulators are cracking down and investment banks worldwide are confronting a stark reality for 2011: the only way to survive and make money is to diversify.
State of the Union speech to focus on jobs: Obama
President Barack Obama said on Saturday he would use his annual State of the Union address to urge both parties to act to lift US growth and create more jobs.
China GDP seen rising 9.8% in 2011
China's gross domestic product is expected to grow 9.8% in 2011, with inflation likely to stand at around 3.7% for the year, the official China News Service said, citing a government think tank.
Godrej Consumer Q3 net up at Rs 118.8cr
FMCG major Godrej Consumer reported jump in its consolidated net profit at Rs 118.8 crore for quarter ended December 2010 compared to Rs 85.1 crore for the same period last year. Net sales for the company stood at Rs 980 crore versus Rs 517 crore year-on-year.
Buy ING Vysya Bank; target of Rs 475: Motilal Oswal
Motilal Oswal is bullish on ING Vysya Bank and has recommended buy rating on the stock with a target of Rs 475 in its January 18, 2011 research report.
