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RIL readies for global shopping for higher growth

Wednesday 18 November, 2009

Reliance Industries is looking at buying out companies globally. The company would be focusing on “global growth by acquisitions in the energy...
Govt plans MHA scanner for foreign deals

Wednesday 18 November, 2009

With the National Security Council (NSC) raising concerns about security issues in cross-border mergers and acquisitions, the corporate affairs...
Obama prods China to raise yuan, but Hu keeps mum

Wednesday 18 November, 2009

US President Barack Obama urged a reluctant China on Thursday to let its yuan currency rise in value at a summit where strains...
CVL starts e-Voting for shareholders

Wednesday 18 November, 2009

Shareholders will now be able to participate in the decision making process of companies and cast their votes on resolutions electronically.
Satyam rejects Rs 1,230 cr claims

Wednesday 18 November, 2009

IT services firm Mahindra Satyam on Tuesday said legal notices claiming a refund of Rs 1,230 crore ($265 million) by 37 companies...
Gas isn’t your private property, govt reminds Ambani brothers

Wednesday 18 November, 2009

The Central government on Tuesday told the Supreme Court that gas was a national asset and the warring Ambani brothers...
Gold streaks past Rs 17K

Wednesday 18 November, 2009

Gold crossed the Rs 17,000-mark on Tuesday as a buying wave by stockists and investment and seasonal domestic demand made the yellow metal costlier.
AI expects Rs 400 cr from govt by January

Wednesday 18 November, 2009

National carrier Air India today said that it expects to receive a first round of government funding to the tune of Rs 400 crore by January next year.
RBI panel moots umbrella body, lifeline for UCBs

Wednesday 18 November, 2009

With financials of 392 urban co-operative banks (UCBs) out of 1,721 UCBs not considered satisfactory, a working group of the Reserve Bank of India...
Bank rates go down, small savings go up

Wednesday 18 November, 2009

Small savings schemes turned the corner this fiscal with net inflows of Rs 10,997 crore in the first six months, compared with a net outflow...
14,700 declare foreign accounts under amnesty

Wednesday 18 November, 2009

More than 14,700 Americans with previously undisclosed offshore bank accounts have come forward to settle back taxes in...
Briefly Business

Wednesday 18 November, 2009

Making it clear that it does not want to play the regulator by intervening in executive remuneration, the government on Tuesday...
Bus
Govt arranges money for Kamal Nath’s 20-km-a-day road scheme

Tuesday 17 November, 2009

The government has put in place a financing plan for Kamal Nath’s ambitious road development programme of building 20 km a day by allowing the...
Firm that will hold govt’s 3G auction advises Aircel too

Tuesday 17 November, 2009

The 3G spectrum auctions, scheduled from January 14, could be headed for yet another controversy.
Foreign funds power Sensex above 17,000

Tuesday 17 November, 2009

Led by Reliance Industries and bank stocks, the benchmark Sensex soared 184 points to close above the 17,000-point...
Minimum Support Prices soar, govt plans hike in PDS rates

Tuesday 17 November, 2009

With the minimum support price (MSP) of wheat and rice shooting up by more than 70 per cent in the last five years and resulting in a subsidy...
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