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‘No plans to cap overseas borrowings’

Friday 20 November, 2009

The government today ruled out limiting companies from borrowing money from overseas market and said that the surge in foreign...
Brazil effect: Sensex falls 213 pts, rupee down 48 paise

Friday 20 November, 2009

Brazil’s “bizarre” tax measures aimed at stemming the biggest currency rally and inflow of hot money into its capital market unnerved India’s financial markets on Thursday.
JSW Steel, JFE of Japan may go for equity tie-up

Friday 20 November, 2009

Sajjan Jindal-led JSW Steel and JFE Steel Corp of Japan are considering investing in each other as part of a strategic tie-up for making...
Nod for ABG, Bharati offers for Great Offshore

Friday 20 November, 2009

The takeover battle for Great Offshore is likely to intensify with both ABG Shipyard Ltd and Bharati Shipyard Ltd receiving regulatory approvals...
Suzlon sells 35.2 pc in Hansen for $370 mn

Friday 20 November, 2009

Wind turbine major Suzlon Energy has sold 35.22 per cent of its stake in Belgian company Hansen Transmissions at a price of 95 pence per depository interest.
RNRL accuses govt of siding with RIL

Friday 20 November, 2009

The Anil Ambani group on Thursday accused the government of being a party to the “conspiracy” with Mukesh Ambani firm Reliance Industries...
Gold demand falls 49% in July-Sept quarter

Friday 20 November, 2009

Gold demand in the country fell 49 per cent in the July-September quarter when compared with the same period of...
Briefly Business

Friday 20 November, 2009

The NDTV Group today announced that the US-based Scripps Networks Interactive would acquire 69 per cent stake in its lifestyle...
Bus
Govt prepared if FII inflows rock the boat: Pranab

Thursday 19 November, 2009

Finance minister Pranab Mukherjee on Wednesday said India has mechanism in place to handle foreign capital flows if they cause...
State-owned banks warm up to consolidation idea

Thursday 19 November, 2009

Five big state-owned banks warmed up to the idea of consolidation in a meeting convened by the finance ministry today.
$500 Million and an Apology for financial crisis From Goldman

Thursday 19 November, 2009

How much good will can an apology — and half a billion dollars — buy? A lot, Goldman Sachs is hoping.
FinMin slashes $5 billion WB loan proposal for JNNURM to $1 billion

Thursday 19 November, 2009

The urban development ministry’s ambitious proposal to raise a $5-billion loan from the World Bank for its flagship urban infrastructure...
The return of big bucks: Wall St sees record profits

Thursday 19 November, 2009

Ten months ago, President Obama said a time would come for Wall Street to make profits and pay bonuses, but “now’s not that time.”
Sebi to cut IPO listing from 20 to 7 days

Thursday 19 November, 2009

In a bid to speed up the process of fund mobilisation and listing, the Securities and Exchange Board of India (Sebi) is working towards...
IPO funding seen hit by unsecured lending curb

Thursday 19 November, 2009

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned by the Reserve Bank’s move to...
Cox & Kings IPO subscribed 60 pc on 1st day of issue

Thursday 19 November, 2009

The initial public offer of travel and tourism company Cox & Kings India was subscribed 60 per cent on the first day of the issue today.
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