Top-of-the-line tuna sells for $400,000 in Japan
A bluefin tuna, prized by sushi aficionados as a high-end treat, sold on Wednesday for a record price of nearly USD 400,000 in the year's first auction at Tokyo's Tsukiji fish market.
Afghan government plans extravagant wedding ban
Extravagant weddings with music and dance were banned by Afghanistan's Taliban as un-Islamic and now the government plans to again rein in lavish marriage celebrations, but this time to stop grooms going broke.
Oil extends decline towards $89 as dollar strengthens
Oil fell for a second day on Wednesday, extending the previous session's 2.4% drop, as investor enthusiasm for commodities diminished with a stronger dollar, following a sharp year-end rally in raw material prices.
Rupee at over 1-week low tracking euro, shares
The rupee dropped to its lowest level in more than a week on Wednesday as the dollar climbed broadly against major currencies and Asian peers, while a shaky shares added to the downbeat mood.
Bharti Airtel Dec qtr PAT seen up 3% at Rs 1717 cr: Karvy
Karvy Stock Broking has come out with its earning estimates on Telecom sector for the quarter ended December 2010. According to the research firm, Bharti Airtel December quarter sales are expected to go up by 5.1% to Rs 15995.2 crore, Quarter-on-Quarter, (QoQ) basis.
Elgi Rubber to suspend from trading in equity shares
Elgi Rubber is going to suspend from trading in equity shares with effect from January 11, 2011.
Dell To Buy SecureWorks
Dell Inc has agreed to buy SecureWorks, a computer security company, to expand its technology services business.
FPO likely by 2nd week of Feb: SAIL
India's second largest steel company Steel Authority of India (SAIL) said its follow-on public offer (FPO) was likely by second week of February, reports CNBC-TV18 DJ.
Hinduja Foundries operation at Ennore unit get disrupt
Hinduja Foundries operation at Ennore unit has disrupted from January 4 on wage issues.
China to let yuan rise 5% in 2011: Report
China will let the yuan rise about 5% against the dollar in 2011 as it needs a stronger currency to combat inflation and avert asset bubbles, an official newspaper said on Wednesday.
Ugar Sugar board okays sale of Jewargi unit; stk down
Ugar Sugar Works board has okayed sale of Jewargi unit consisting of sugar, reports CNBC-TV18. It touched an intraday high of Rs 22.50 and an intraday low of Rs 19.80. At 12:06 hrs the share was quoting at Rs 19.95, down Rs 0.50, or 2.44%.
Subex completes implementation of ROC TM Revenue Assurance Solution
Subex has successfully completed implementation of its ROC TM Revenue Assurance Solution for leading South East Asian Operator.
ITC to hike Bristol cigarette prices by 12%; stk up
ITC is going to hike Bristol cigarette prices by 12%, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 178.40 and an intraday low of Rs 175.75. At 12:04 hrs the share was quoting at Rs 178.20, up Rs 0.75, or 0.42%.
Hind Copper FPO may be priced at Rs 120-140/sh: Sources
State-owned Hindustan Copper will be launching follow-on public offer (FPO) soon, which may be priced at Rs 120-140/share, reports CNBC-TV18 quoting sources of NW18.
CLSA downgrades Bajaj Auto to underperform
CLSA downgraded motorcycle and three-wheeled motorised rickshaw maker Bajaj Auto to "underperform" from "outperform" on Wednesday, a note seen by Reuters showed.
Sell Hindustan Zinc; target of Rs 1260: Aditya Birla Money
Aditya Birla Money is bearish on Hindustan Zinc and has recommended sell rating on the stock with a target of Rs 1260 in its January 5, 2011 research report.
Lupin signs strategic agreement with Farmanguinhos, Brazil
Lupin has signed strategic agreement with Farmanguinhos, Brazil for tuberculosis drug supply.
Lupin in strategic pact with Brazil co; stk up
Lupin is in strategic five year pact with Brazil co Farmanguinhos for Tuberculosis drug supply, reports CNBC-TV18. It touched an intraday high of Rs 493.30 and an intraday low of Rs 486. At 11:40 hrs the share was quoting at Rs 490.75, up Rs 1.70, or 0.35%.
Gravita India subsidiary Gravita Exim completes disinvestment of 28 cr shares
Gravita India subsidiary Gravita Exim has completed disinvestment of 28 cr shares of ZMK 1 each in Gravita Zambia.
Nifty tests 6100; banks, telecom, realty, cap goods dip
At 11:32 hours IST - the benchmark Nifty has tested the 6100-mark on the back of further sell-off in financial, metal, telecom, realty, Anil Dhirubhai Ambani Group (ADAG) and capital goods companies' shares.
Underwriting Auctions for Government Securities
Underwriting Auctions for Government Securities
Hindustan Oil finds more gas in Assam block
Hindustan Oil Exploration Company (HOEC) has discovered more gas in Assam block, reports CNBC-TV18. It touched an intraday high of Rs 250.80 and an intraday low of Rs 235. At 11:36 hrs the share was quoting at Rs 249.05, up Rs 8.55, or 3.56%.
Business Value Hype Will Drive Enterprises In 2011
Enterprises worldwide have been wading through a maze of hype around latest and disruptive technology innovations. However, the year 2011 is likely to bring back some rationality as enterprises are expected to cut through this maze.
Liquidity Adjustment Facility : Auction Results
Liquidity Adjustment Facility : Auction Results
