Sunday, October 3, 2010

Mahindra gifts $10m to Harvard

Mahindra gifts $10m to Harvard


Mahindra gifts $10m to Harvard

Posted: 03 Oct 2010 05:26 PM PDT

Anand Mahindra, MD of Mahindra & Mahindra, is gifting $10 million to his alma mater, Harvard's Humanities Center, which will see the centre being renamed after him.

Trigger happy: Time your exit right

Posted: 03 Oct 2010 05:23 PM PDT

Unless the investor books profits at appropriate intervals, there is a real risk of missing the gains from market upswings.

Cairn deal: Govt wants its share

Posted: 03 Oct 2010 05:22 PM PDT

The government appears to be exploring options to extract its pound of flesh for allowing a smooth passage for London-listed Vedanta Resources to acquire control of Cairn Indiafor about $10 billion.

Now, super rich look at alternative asset classes

Posted: 03 Oct 2010 05:18 PM PDT

Equities, mutual funds and FDs can longer satiate the super rich. Instead, they are channelling their wealth into start-ups, unlisted companies, realty-focused private equity funds, gold ETFs and art.

Sebi mulls staff code of conduct

Posted: 03 Oct 2010 05:19 PM PDT

In an attempt to check frauds, market watchdog Sebi plans to prescribe a code of conduct for key executives of market players such as brokerages and merchant bankers.

In Pics:

Posted: 03 Oct 2010 07:23 AM PDT

CWG to spur growth by $5,000m

Posted: 03 Oct 2010 04:51 AM PDT

The 12-day Commonwealth Games opening on Sunday would spur India's economic growth by around $4,940 million in the next four years and create close to 24.7 lakh jobs.

RCom may get additional GSM spectrum

Posted: 03 Oct 2010 12:04 AM PDT

In a development that could help Anil Ambani-led RCom get additional GSM frequency in most circles, including Delhi, the telecom ministry is likely to prioritize operators with start-up spectrum and the required subscriber base for the allocation of unutilised radio waves.

Indian ADRs add over $23bn in September

Posted: 03 Oct 2010 01:04 AM PDT

Indian stocks trading on American bourses added over $23 billion to their cumulative market capitalisation in September, with IT giants Wipro and Infosys accounting for more than half of the total gains.

Microsoft sues Motorola for 'patent infringement'

Posted: 02 Oct 2010 11:24 PM PDT

Microsoft Corp has said that it has sued handset maker Motorola Inc for allegedly infringing on the software gaint's nine patents in its Android smartphones.

Sensex climbs 187 pts, Nifty crosses 6,200 level

Posted: 03 Oct 2010 08:57 PM PDT

The BSE benchmark Sensex shot up by over 187 points in the opening trade on Monday to the highest in nearly 33 months, on the back of strong FII inflows and firm Asian markets.

Microsoft sues Motorola for alleged patent infringement

Posted: 02 Oct 2010 11:24 PM PDT

Microsoft Corp has said that it has sued handset maker Motorola Inc for allegedly infringing on the software gaint's nine patents in its Android smartphones.

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