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Wipro buying Infocrossing of US for Rs 2,430 cr
To pay $18.70 per share, at 13% premium
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Wal-Mart is in; partnership pact signed with Bharti
New Delhi, Aug. 6 Wal-Mart today formally marked its entry into India by signing two agreements with Bharti Enterprises.The first is a franchisee arrangement between the two companies.Bharti will handle the front end, while ...
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Bharti entering DTH, Net TV
Ties up with Cisco for IPTV; betting big on DTH service
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Ministerial group formed on Reliance KG gas price
New Delhi, Aug. 6 An Empowered Group of Ministers (EGoM) headed by the External Affairs Minister, Mr Pranab Mukherjee, would go into the issue of pricing of natural gas to be produced by Reliance Industries Ltd (RIL) from its Krishna Godavari ...
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SBI cuts short-term deposit rates
Rates hiked for 3 years and more
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Novartis loses plea; HC upholds Patents Act provision
The Madras High Court on Monday rejected the contention of multi-national pharma major Novartis that the amended law on products eligible for patent is beyond the legislative powers of Parliament. A Division Bench, comprising Mr Justice ...
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Call rates rise to over 6%
The inter-bank call rates rose to 6 per cent — between RBI’s signal rates of repo and reverse repo — on Monday, the first trading day after the 50 basis point hike in CRR came into effect on August 4. The call closed ...
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Sensex sheds 235 on weak global markets
Weak global cues continued to pull down the markets, with the BSE Sensex closing down by 235.37 points or 1.55 per cent at 14,903.03, on Monday.The Sensex dropped to an intra-day low of 14,705.58 before recovering some lost ground by ...
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Banks trim deposit rates
Deepest cuts have come in very short time buckets
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‘Bharti model will help small traders better their business’
New Delhi, Aug. 6 After assisting his elder brother Mr Sunil Mittal in setting up the country’s largest cellular company, Mr Rajan Mittal has now emerged to spearhead Bharti’s retail venture. Business Line caught up with him ...
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‘Tax sops will help offset Re impact’
Nasscom in talks with Govt for help: Karnik
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Essar bids for three oil, gas blocks in Iran
Two onshore assets and one offshore
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Dedicated infrastructure funds: Long-term commitment sought
Should invest in unlisted cos, listing must in 24 months: SEBI panel
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Mutual funds shifting focus to large-cap stocks, cash
Diversified equity funds deliver 0.15% return in last one week
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Nectar Life betting on volume, margins
It appears that value buyers ignored the recent general profit-booking trend and kept on holding Nectar Lifesciences, a BSE Small-Cap Index stock. According to market sources, its profitability has gone up substantially this fiscal because of its ...
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CBDT pegs cost inflation index for ’07-08 at 551
Useful for I-T purposes on capital gains
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Bay storm crosses coast, two more in offing
Thiruvananthapuram, Aug 6 Sunday’s depression over northwest Bay of Bengal moved westward and intensified into a deep depression and crossed the Orissa coast to the north of Paradeep early on Monday morning. It is likely to move ...
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