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New Zealand’s Fonterra exits joint venture with Britannia
Investing in India’s consumer dairy market not a core priority at this time: Fonterra. Bangalore, April 28 Britannia Industries will acquire the entire stake of Fonterra, the company’s joint venture partner since 2002 in Britannia ...
Why Fonterra chose to exit from dairy joint venture
Continuous losses, contract manufacturing weigh down prospects. New Delhi, April 28 The world’s No. 1 dairy products exporter Fonterra’s decision to pull out from Britannia New Zealand Foods Pvt Ltd (BNZF), its equal joint venture ...
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Venue rejig: Mr Haroon Lo...
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TODAY'S PICK (Latest Audio: English/Tamil)
Unitech (Rs 42.95): Sell
We recommend a sell in Unitech from a short-term trading perspective. After finding support around Rs 25 in early March, the stock began to trend upward as is evident from the charts. The stock price almost doubled from the March low to ...
Day Trading Guide
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Weak global markets pull Sensex down 370
Realty, metal and banking stocks take a hammering. Mumbai, April 28 Indian stocks ended on Tuesday with heavy losses, pulled down both by weak global markets and by the squaring off of positions ahead of the April Futures and Options (F&O) ...
Govt steps up surveillance at international airports
SWINE FLU FALLOUT. New Delhi/Mumbai, April 28 To prevent the entry and spread of swine flu virus in the country, the Government has put in place a series of measures including screening air travellers arriving at nine major international ...
SEBI wants Bharti to clarify on stake hike
New Delhi, April 28 The Securities and Exchange Board of India has sought clarifications from Bharti Group on whether the company has violated its norms by increasing promoter’s stake in Bharti Airtel from 60.91 per cent to 67.03 per ...
Oil refiners walk the tightrope for 2008-09
Ministry hopeful of positive show by cos. Mumbai/New Delhi, April 28 IndianOil, Hindustan Petroleum Corporation and Bharat Petroleum Corporation are literally walking the tightrope as they set about finalising their accounts ...
Has the UPA lost its early advantage?
Chennai: When you travel anywhere in the country bang in the midst of an election, no conversation can stray too far away from political parties and election prospects. More so, if you are a journalist. And so it was at a ...
Wipro Tech to hire 8,000 for BPO arm this fiscal
Hyderabad, April 28 Wipro Technologies has announced that it would recruit 8,000 employees to its business process outsourcing (BPO) arm Wipro BPO this financial ...
Outward FDI declines 15.3% in April-Dec 2008
New Delhi, April 28 India’s outward investment in joint ventures and wholly owned subsidiaries (WOS) stood at $ 11.3 billion in April-December 2008, representing a 15.3 per cent decline over an outward FDI of $ 13.35 billion recorded ...
India projects high priority: ArcelorMittal
New Delhi, April 28 ArcelorMittal’s India plans may not have escaped the effects of the global economic crisis, but India is top priority among all its greenfield ...
SBI cuts education loan rates by up to 200 bps
Mumbai, April 28 State Bank of India has decided to reduce the interest rate on education loans, which will be sanctioned to students pursuing higher studies from May 2009 to September 2009, by up to 200 ...
Sachin, Sanath slam their way to peak viewership
Mumbai, April 28 The 127-run partnership between Sachin Tendulkar (68 off 45) and Sanath Jayasuriya (52 off 32) led to prime time cricket viewership on SET Max jumping to 8.4 million with a TVR of 4.6 on Monday ...
Models signal early onset of southwest monsoon
Thiruvananthapuram, April 28 The southwest monsoon could set in earlier this time, with the Andaman Sea shown as receiving the first wave of rains around May 9-10, according to international ...
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