Tuesday, September 28, 2010

Moily, babus differ on CAG role

Moily, babus differ on CAG role


Moily, babus differ on CAG role

Posted: 28 Sep 2010 01:05 PM PDT

It seems that law minister Veerappa Moily and his officials have different views over functioning of the Comptroller and Auditor General of India (CAG).

RBI allows corporates to act as BCs, bars NBFCs

Posted: 28 Sep 2010 12:48 PM PDT

Aiming to promote financial inclusion, the Reserve Bank on Tuesday allowed corporates and post offices to function as business correspondents (BCs), but barred non-banking finance companies (NBFCs) from it.

Expectations low on Satyam results

Posted: 28 Sep 2010 01:15 PM PDT

Had Ramalinga Raju not confessed and still been around at the helm of affairs, Satyam would have declared revenues of $2 billion for the financial year 2008-09.

HNI wealth in India back to pre-crisis level

Posted: 28 Sep 2010 12:42 PM PDT

Even as the capital markets remain buoyant on the back of strong FII inflows, the wealth and number of high networth individuals (HNIs) in the country is now back to the pre-crisis levels.

Sensex ends flat; DLF, NTPC up

Posted: 28 Sep 2010 03:59 AM PDT

Snapping a two-day upward march, the Bombay Stock Exchange benchmark Sensex today closed marginally lower by 12.52 points at 20,104.86 points on profit booking by investors amid weak global cues.

Gold futures fall from record on global cues

Posted: 28 Sep 2010 03:50 AM PDT

Gold prices fell from record by losing Rs 49 to Rs 19,164 per ten gram in futures trade today, as speculators reduced their holdings in tandem with a weakening global trend.

Mediclaim, motor insurance portability soon: IRDA

Posted: 28 Sep 2010 03:51 AM PDT

Insurance regulator IRDA on Tuesday said that mediclaim policy holders, who are not satisfied with the services, will soon be able to switch service providers at the same premium.

Rupee down to 45.20 against dollar

Posted: 27 Sep 2010 10:54 PM PDT

The rupee shed 19 paise to 45.20 against the US dollar in the early morning trade today on month-end dollar demand.

Expectations low on Satyam results

Posted: 28 Sep 2010 01:15 PM PDT

Had Ramalinga Raju not confessed and still been around at the helm of affairs, Satyam would have declared revenues of $2 billion for the financial year 2008-09.

BlackBerry takes on iPad with PlayBook

Posted: 28 Sep 2010 12:46 PM PDT

R esearch In Motion, whose BlackBerry smartphone rose to prominence on Wall Street, is now targeting business customers with a tablet computer, PlayBook, to compete with Apple's iPad and add a fresh source of revenue.

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