Gaddafi accepts peace plan to end crisis; markets recover
At 11.36 hrs IST, Gaddafi accepts peace plan to end crisis in North African country. Both Libyan leader Muammar Gaddafi and the president of the Arab League agreed to a peace plan from Venezuela's President Hugo Chavez to end the crisis in the North African country, reports Reuters quoting a news network said on Thursday.
Union Budget 2011: Good news for salaried class!
Finance Minister Pranab Mukherjee raised the income tax exemption limit for general tax payers to Rs 1.80 lakh per annum from Rs 1.60 lakh at present.
Cairn India top gainer on Nifty
Cairn India was the top gainer on the Nifty. It touched an intraday high of Rs 356.60 and an intraday low of Rs 344.15. At 11:17 hrs the share was quoting at Rs 356.10, up Rs 12.25, or 3.56%.
Tata Steel ups stake in Riversdale to 27.14%
The World's largest mining firm Rio Tinto has put in AUD 3.9 billion bid for buying out Riversdale.
Union Budget: Tax norms tightened for businessmen
The Union Budget has something good for small businessmen. The FM Pranab Mukherjee has given the following for small businessmen.
Which stocks to benefit from Union Budget 2011-12?
Swastika Investmart has come out with a report on Union Budget 2011-12.
Bajaj Holdings up on buying interest
Bajaj Holdings & Investment touched an intraday high of Rs 842.70 and an intraday low of Rs 782. At 11:11 hrs the share was quoting at Rs 824.50, up Rs 38.10, or 4.84%.
Amrutanjan forays into beverage biz with Rs 26cr buy
One of India’s oldest healthcare firms Amrutanjan Healthcare, known for its pain balm by the same name, has diversified into the beverages business by acquiring Chennai-based Siva's Soft Drink Pvt Ltd’s soft drink and fruit-based beverages business along with the brand Fruitnik for Rs 26.2 crore.
How early performance of PE fund predicts future outcome
A private equity fund's early performance can be an indication of its likely future performance and actually serve as an early warning system for LPs or institutional investors into the fund.
Don't bet that the best MF of last year will be tops again!
I entered my dentist’s clinic with trepidation. As I “eased” into the chair, she first shared her financial confusion with me: too many relatives were approaching her to buy life insurance – and she finally did buy a policy to help her relative.
Crude hovering around $102/bbl: How bad is it for Asia?
Oil price is hovering above USD 102 a barrel as fierce fighting in Libya appears to have cut crude output in the OPEC nation more than previously estimated.
Money talks!
Being a financial planner, talking about money, dreams, goals and needs have become a part of my day to day life. Every minute we work, that’s all we talk about: how to make most of your money, to get the maximum return on investments, how to fulfill your goals etc.
UAE's Etisalat says still interested in Zain deal
UAE telecoms firm Etisalat, whose USD 12 billion bid for a controlling stake in Zain has been hit by setbacks, on Wednesday said it was still interested in the Kuwaiti firm.
Lovable Lingerie fixes IPO price band at Rs 195-205/share
Lovable Lingerie has fixed a price band of Rs 195-205 a share, for its intial public offering to raise up to Rs 932.8 million.
CBI questions realty firm in 2G case for links with ADAG
Continuing its probe into the financial dealings of Anil Ambani led ADAG group in connection with the 2G spectrum allocation scam, the CBI today questioned a top executive of realty and infrastructure firm for links with the group.
Oracle India's managing director resigns
US software firm Oracle said on Thursday the managing director of its Indian arm was quitting to pursue other opportunities, the latest in a line of top-level exits at the Indian operations of global IT firms.
Nifty below 5500; IT, oil & gas, metals slip
Indian equity benchmarks were witnessing selling pressure at 10:46 hours as crude retested last week highs again yesterday. Even profit booking was another reason behind the marginal sell-off today as benchmarks rallied 3.5% on Wednesday, reacted to Budget 2011.
Unique Identification Number drive begins with CM
A team headed by Director General, Department of Economic, Statistics Monitoring and Evaluation, SD Tshering along with Project Coordinator T Gelek, and Enrolment agency called on Chief Minister Pawan Chamling at his residence yesterday for the enrolment of the Chief Minister under the Unique Identification Number (UID).
Sell Mundra Port; target of Rs 133: IIFL
IIFL is bearish on Mundra Port and has recommended sell rating on the stock with a target of Rs 133 in its March 3, 2011 research report.
Buy ONGC; target of Rs 285: IIFL
IIFL is bullish on ONGC and has recommended buy rating on the stock with a target of Rs 285 in its March 3, 2011 research report.
Cairn India may see positive trend: Astromoneyguru
Today as per financial astrology, automobile, oil and gas metal stocks may show buying interest in stock market.
All banks to have CTOs soon: RBI
A senior official of the Reserve Bank today said all banks would have to create a position of chief information officers (CTOs) as well as steering committees on information security at the board level at the earliest, as envisaged under its IT Vision 2011-17 released the other day.
Dump Direct Tax Code, says tax expert
Eminent tax expert Mukesh Patel today called upon the Federation of Gujarat Industries (FGI) to pressurise the UPA Government to dump the proposed Direct Tax Code (DTC) as it is complex and full of anomalies.
Ascend Telecom to merge ITIL with itself
In an instance of consolidation in the capital-intensive telecom towers space, Ascend Telecom today announced the merger of India Telecom Infra Limited (ITIL) with itself to create an entity with 4,000 towers spread across the country.
StanChart profit hits record as India, China boom
Profit at Standard Chartered jumped 19% in 2010 and the Asia-focused bank said it was off to a record start this year as China, India and other Asian markets boomed.
