India, Indonesia to sign $15 bn economic partnership
India and Indonesia will sign an economic partnership deal worth USD 15 billion, Indonesian chief economic minister Hatta Rajasa said on Thursday, including a railway in coal-rich South Sumatra worth USD 1.5 billion to USD 2 billion.
ICICI Bank gets mandate for Air India loan refinance
Air India has given ICICI Bank the mandate to refinance loans to purchase 21 Airbus A 320 aircraft worth Rs 5,500 crore, it said late on Wednesday.
China's sizzling end to 2010 calls for more tightening
China finished 2010 with a bang, its growth soaring past expectations while inflation slowed less than expected, numbers that could prod the government to ratchet up its easy-does-it approach to policy tightening.
Heavy drinking may raise abnormal heart rhythm risk
People who drink regularly, especially heavy drinkers, may be more likely than teetotalers to suffer atrial fibrillation, a type of abnormal heart rhythm, according to a research review.
Obama pushes Hu on China's currency, rights
President Barack Obama urged Chinese President Hu Jintao to let the value of China's yuan currency rise and delivered a strong message on US concerns over Beijing's human rights record at a summit on Wednesday.
Google to ride busy holidays, faces growth question
Google Inc is expected to report a 22% jump in fourth-quarter revenue thanks to a busy holiday season, though it will face questions about long-term growth when it unveils results on Thursday.
Marauding Nadal blows away Sweeting at Melbourne
Rocket-heeled Rafa Nadal's bid for a fourth consecutive grand slam gained pace on Thursday with a 6-2 6-1 6-1 demolition of hapless American qualifier Ryan Sweeting at the Australian Open.
Asian stocks off 2-month highs on US earnings
Asian stocks retreated from two-month highs and the euro was hit by a bout of profit-taking on Thursday, felled by a disappointing slate of earnings from Wall Street heavyweights.
Lehman says BofA should return another $9 mn
Lehman Brothers Holdings is demanding that Bank of America return an additional USD 9 million on top of USD 500 million it has been ordered to repay by a bankruptcy judge.
Goldman profit slides as bond trading wilts
Goldman Sachs Group Inc posted a 53% decline in fourth-quarter profit as trading revenue tumbled, dashing hopes that the Wall Street bank had bucked a tough trading climate in debt markets.
Exit LIC Housing Finance on bounce: Thacker
Exit LIC Housing Finance on bounce, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
No changes to soccer calendar without debate, say Germans
Moves by FIFA and UEFA to reshape the soccer calendar from 2015 could not be taken without fully consulting Europe's five biggest leagues, president of the German Football League Reinhard Rauball said on Wednesday.
Buy HDIL; target of Rs 170/180: Aditya Birla Money
Aditya Birla Money is bullish on HDIL and has recommended buy rating on the stock with a target of Rs 170/180 in its January 20, 2011 research report.
Canara Bank, OBC look good for trade: Thacker
Canara Bank and OBC are looking good for trade, says Mitesh Thacker, Technical Analyst, miteshthacker.com.
Indian Bank FPO: DRHP to be filed in May
Indian Bank expects to raise Rs 1,500 crore through a follow-on public issue, which is likely to hit the market in July. The Draft Red Herring Prospectus for the issue would be filed probably in Ma.
India is mobile number portable now
After years of delays, Mobile Number Portability (MNP) will finally be available all over India from January 20. Telecom Minister Kapil Sibal said, "We're very happy that we are going to launch it nationally. It's a great step forward for the consumer. It enhances his choice."
LIC Housing Fin declares Dec qtr numbers; stock up 2.7%
LIC Housing Finance has reported December quarter net profit at Rs 213 crore as against Rs 154 crore (YoY), reports CNBC-TV18. It touched an intraday high of Rs 176.45 and an intraday low of Rs 167. At 09:48 hrs the share was quoting at Rs 175.00, up Rs 4.65, or 2.73%.
HDFC Mutual Fund buys 5 Lk shares of Kirloskar Pneumatic
On January 19, 2011 HDFC Mutual Fund bought 500,000 shares of Kirloskar Pneumatic Company at Rs 499 on the BSE. Also Reliance Capital Mutual Fund bought 200,000 shares at Rs 499.
News Roundup: Equanum Capital to launch India Hedge Fund
Equanum Capital Management, a US- based equity hedge fund focusing on Asia outside Japan, plans to move its operations to Singapore as it starts an India fund.
Telecom stocks slip on mobile number portability buzz
The mobile number portability (MNP) has started from today. However, the telecom stocks are down 0.2-1.2%.
Jamming in February
The musicians, from dissimilar backgrounds and with different styles, will perform in Delhi, Mumbai, Hyderabad, Kolkata and Bengalore.
Free hits: The fight over Indian hockey
A disgraced national hockey body and its wannabe replacement are fighting it over for the rights to host an IPL-like league for India’s national game.
Escorts Mutual Fund sells 2.47 lakh shares of Usher Agro
On January 19, 2011 Escorts Mutual Fund sold 247,077 shares of Usher Agro at Rs 94.24 on the BSE. Yesterday the share closed at Rs 94.75.
Ibc Knoledge Park buys 2.2 Lk shares of Mcnally Bh Engg
On January 19, 2011 Ibc Knoledge Park Private Limited bought 221,485 shares of Mcnally Bharat Engineering at Rs 223.78 on the NSE. Yesterday the share closed at Rs 222.35.
Copthall Mauritius buys 54.50 lakh shares of LIC Housing
On January 19, 2011 Copthall Mauritius International Ltd (cmil) bought 2,725,000 shares of at Rs 165.82 on the NSE and bought 2,725,000 shares at Rs 166.70 on the BSE. Yesterday the share closed at Rs 170.35.
