Friday, March 25, 2011

No decision on multi-brand retail FDI: FM

No decision on multi-brand retail FDI: FM

No decision on multi-brand retail FDI: FM

Posted: 25 Mar 2011 05:21 PM PDT

The government has not taken any decision on allowing foreign direct investment (FDI) in multibrand retail and the inter-ministerial panel set up to examine the issue has not made any recommendations relating to FDI in the sector, finance minister Pranab Mukherjee told Parliament on Friday.

Buffett's Kiss philosophy: Just Keep It Simple, Stupid!

Posted: 25 Mar 2011 05:16 PM PDT

When it comes to investing, just Kiss (Keep It Simple, Stupid). This is the message from Warren Buffett, the Oracle of Omaha.

Yes Bank chief believes in seizing the day

Posted: 25 Mar 2011 12:33 PM PDT

From his 27th floor penthouse apartment, right on the Arabian Sea shore at Mumbai's Worli, which offers a spectacular 180 degree view of the sea and the Mahalaxmi Race Course, Rana Kapoor, MD & CEO, Yes Bank, sees a different world view.

Ad rates up 350% for dream semis

Posted: 25 Mar 2011 12:32 PM PDT

Team India lives another day to play the dream semifinal against Pakistan and that means advertisers, who banked on the 50- over World Cup, feel they have got a bigger bang for their buck than expected.

India 16th most risky place to invest

Posted: 25 Mar 2011 12:31 PM PDT

The United Kingdom-based Global Risks Atlas 2011 on Friday described India as the 16th riskiest country to invest in for the security hazards it poses and rather embarrassingly clubs it with Niger, Bangladesh and Mali.

HC freezes accounts of Mahindra Satyam

Posted: 25 Mar 2011 12:26 PM PDT

In a move that could potentially trigger off a financial crisis at scam-hit Mahindra Satyam at the fag end of the financial year, the Andhra Pradesh High Court on Friday restrained both the IT firm and the Income Tax (I-T) department from accessing the company's attached bank accounts containing Rs 1,300 crore till March 31.

Inflation to decline to 6.56% by May 2011, says report

Posted: 25 Mar 2011 10:54 AM PDT

Easing of commodity prices on the basis of rise in agricultural produce this rabi season are likely to pull down inflation to 6.5% by May this year, the Institute of Economic Growth said in a report.

Sensex surges 465 pts on firm global cues, software leads

Posted: 25 Mar 2011 04:19 AM PDT

Sensex shot up 465 points today to 18,815.64, a 2-month high, on aggressive buying in blue-chips led by software companies on firm global cues as hopes of strong economic growth world-wide resurfaced.

Silver slips from record to Rs 56,200 per kg

Posted: 25 Mar 2011 02:42 AM PDT

Silver slipped from its record level today by losing Rs 200 to Rs 56,200 per kg, owing to profit selling amid a weak global trend. Gold also fell by Rs 70 to Rs 21,170 per 10 grams due to sluggish demand at existing high levels.

Tata reaches 1 lakh commercial vehicles milestone

Posted: 25 Mar 2011 01:07 AM PDT

Leading automobile company Tata Motors today became the first Indian company producing one lakh commercial vehicles in a financial year.

IT majors on hiring overdrive

Posted: 24 Mar 2011 12:25 PM PDT

From March 31, 2010 to December 31, 2010, the top 5 IT majors in India clocked a staggering figure of 1,14,038 additions in terms of headcount.
Posted by Harshad at 9:04 PM

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