Reliance Media in tie-up talks with Cinepolis: report April 09, 2012 12:54
Reliance MediaWorks , controlled by billionaire Anil Ambani, is in talks to sell stake in some of its movie theatres to Mexico's multiplex operator Cinepolis, the Business Standard newspaper reported on Monday. Cinepolis, the fourth…
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Aberdeen seeks $150 million in damages from Satyam; stock falls April 09, 2012 12:45
Shares of Mahindra Satyam Ltd came under pressure in early trade on Monday, after a group of investors led by Scottish investment house Aberdeen Asset Management have claimed damages from Mahindra Satyam. The charges were…
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Indian IT exports are at $69.7Billions April 07, 2012 11:58
Satyanarayana, secretary, department of electronics and IT has said that IT exports from our country touched over $69.7 billion during financial year 2011-12 in a press meet held in Hyderabad yesterday. When asked whether IT…
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Gold futures down on Weak global cues April 06, 2012 10:31
Gold futures prices on Wednesday fell by 0.57 per cent to Rs 28,282 per 10 gm as speculators offloaded positions amid a weak trend in global markets. Besides, absence of positive triggers from major domestic…
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Mumbai to rely on Reliance Power and First Solar CdTe project April 04, 2012 11:14
The firm's cadmium telluride modules at the plant in Rajasthan, are expected to satisfy the annual electricity needs of more than 70,000 average Indian households First Solar has announced the commissioning of a 40 MW…
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ASSOCHAM urges RBI to relax monetary policy April 04, 2012 07:46
To check online frauds, Dhoot called for implementation of digital signature enabled techniques as stipulated in the monetary policy statement for 2011-12. At the same time, the reforms process needs to be speeded up and…
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BHEL sees flat sales growth in FY13 April 03, 2012 12:30
Bharat Heavy Electricals , India's biggest power equipment maker, expects flat growth in sales in the new fiscal year that began on April 1 because of uncertainties plaguing power producers, company officials said. Shortages of…
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RBI asks banks to improve NPA management March 30, 2012 07:09
The country's largest lender SBI had reported record gross NPAs in Q3 at Rs 40,080 crore and saw an 87.5% spike in its provisioning. But private lenders are better off. The total NPAs in the…
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Hyd GVK bags Asia prestigious award March 30, 2012 06:22
GVK the prominent name in infrastructure, power, roads and of course the prestigious Shamshabad Airport in Hyderabad, has another feather in its cap. GVK group bags the prestigious awards as ‘Asia Deal of the year‘and…
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India to become world's largest economy in 2050: Study March 29, 2012 07:37
China will overtake the US to become the world's largest economy by 2020, which, in turn, will be overtaken by India in 2050. Going only by GDP growth, nine of the top 10 cities in…
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Salman the investor picks stake in Yatra March 29, 2012 05:19
Abdul Rashid Salim Salman Khan invests in Yatra the famous travel portal or rather one of the premiers in the segment. Well what next to Sallu Bhai….. People where quizzing when the news that Abdul…
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TVS acquires Britain’s Universal Components March 28, 2012 06:52
The Chennai based auto component company acquires UK based Universal Components at 100 Cr for 90 percent stake in the later. Chennai’s auto giant TVS group worth nearly $ 6.6 billion acquires 90 percent stake…
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