Outlook will turn heat on Google: Bhatia |
- Outlook will turn heat on Google: Bhatia
- EXL plans multiple acquisitions in US
- SBI to trigger a churn in home loans
- Unitech challenges Telenor JV assets' auction
- Mahindra Satyam Q1 net profit up 56%
- Rupee weakens on Fed let down; ECB in focus
- Sensex closes 33 points down
- Sebi imposes Rs 4 lakh fine on two brokerage firms
- Yes Bank raises Rs 1,180 crore foreign loan
- Sensex down almost 75 points
- Asian markets mixed ahead of ECB meet
| Outlook will turn heat on Google: Bhatia Posted: 02 Aug 2012 04:58 PM PDT For Indians, Hotmail is still synonymous with Sabeer Bhatia, who founded the email service with colleague Jack Smith in 1996. Bhatia — who was born in Chandigarh, grew up in Bangalore and then went to the US — made a killing in 1997 when Hotmail was sold to Microsoft for a whopping $400 million. 
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| EXL plans multiple acquisitions in US Posted: 02 Aug 2012 04:51 PM PDT Nasdaq-listed EXL Services, a provider of outsourcing and transformation services, is in advanced stages of negotiations with multiple companies in the US for acquisitions. 
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| SBI to trigger a churn in home loans Posted: 02 Aug 2012 04:30 PM PDT With lenders continuing to offer special deals only to new home loan customers, the industry is set to see a churn in the portfolio as this is the only way a large number of existing borrowers will be able to take advantage of lower rates. 
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| Unitech challenges Telenor JV assets' auction Posted: 02 Aug 2012 08:55 AM PDT Unitech Ltd(UNTE.NS), Telenor's(TEL.OL) minority partner in its Indian mobile telecoms joint venture, has filed a petition with the country's Company Law Board seeking to stop the joint venture company from auctioning off its assets, a Unitech spokesman said on Thursday. 
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| Mahindra Satyam Q1 net profit up 56% Posted: 02 Aug 2012 06:40 AM PDT IT firm Mahindra Satyam today reported a 56 per cent jump in its net profit at Rs 352 crore for the quarter ended June 30, 2012. 
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| Rupee weakens on Fed let down; ECB in focus Posted: 02 Aug 2012 05:45 AM PDT The rupee weakened on Thursday in quiet trading after the Federal Reserve refrained from new US monetary stimulus, denting hopes for gains in global risk assets. 
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| Posted: 02 Aug 2012 04:25 AM PDT Sensex today declined by 33 points snapping four-day string of gains on selling in bank and oil&gas stocks amid lack of strong signals on monetary easing from the US Fed's two-day meeting. 
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| Sebi imposes Rs 4 lakh fine on two brokerage firms Posted: 02 Aug 2012 02:04 AM PDT Market watchdog Sebi has imposed penalties of Rs 2 lakh each on two brokerage firms for circular trading between them in shares of Videocon Industries Ltd way back in 2004. 
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| Yes Bank raises Rs 1,180 crore foreign loan Posted: 02 Aug 2012 02:01 AM PDT Private bank Yes Bank on Thursday said it has raised around Rs 1,181 crore through a dual currency syndicated loan facility from foreign markets. 
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| Posted: 02 Aug 2012 01:58 AM PDT A benchmark index of Indian equities markets was almost 75 points down on Thursday in afternoon trade on profit-booking after recent gains. 
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| Asian markets mixed ahead of ECB meet Posted: 01 Aug 2012 11:34 PM PDT Asian markets were mixed in tentative trade Thursday ahead of a meeting of the European Central Bank that investors hope will produce a fresh round of stimulus measures to support the euro. 
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