Sunday, October 31, 2010

India at centre of global biz, politics

India at centre of global biz, politics

India at centre of global biz, politics

Posted: 31 Oct 2010 05:36 PM PDT

From US President Obama To France's Sarkozy, Heads Of States Are Queuing Up To Visit India. Besides Lobbying For Billion-Dollar Deals, The Visits Signify India's Growing Clout At The Global High Table

ONGC may stall Cairn-Vedanta deal

Posted: 31 Oct 2010 05:53 PM PDT

If not for the government's opposition, flagship explorer ONGC would have bought the prolific oilfields in Barmer in 2004 for just $2.4 billion from Cairn India, which is now being taken over by NRI metals tycoon Anil Agarwal's London-listed Vedanta for nearly $10 billion.

Inflation: Will RBI raise rates?

Posted: 31 Oct 2010 05:56 PM PDT

Will the RBI raise policy rates for the sixth consecutive time this year to tame inflation? This is the question market players are asking as they look to the central bank for cues on rates, inflation and growth.

Cracker of a week ahead for D-Street

Posted: 31 Oct 2010 05:59 PM PDT

The five trading sessions this week, leading up to the Muhurat trading on Diwali, could be a cracker of a time for Dalal Street.

FIIs pumped in $6.42bn in October

Posted: 31 Oct 2010 06:11 AM PDT

The flow of foreign money into the stock markets continued unhindered in October with total inflows crossing $6.425 billion, the highest in a single month.

Plan panel seeks hike to finance welfare schemes

Posted: 31 Oct 2010 02:05 PM PDT

Faced with the task to find enough money to fund UPA's promised aam aadmi schemes without discarding fiscal prudence, Planning Commission has demanded an increase of at least 20% in total gross budgetary support (GBS) for fiscal 2011-12, over current budgetary estimates.

Sensex to hit 21k on Diwali: Analysts

Posted: 30 Oct 2010 10:34 PM PDT

The Bombay Stock Exchange's benchmark Sensex is likely to hit the much awaited psychological level of 21,000 in the next week, driven by the smart RIL numbers and expectations of robust listing of the Coal India IPO, say analysts.

Pesky calls: TRAI regulation before Nov 15

Posted: 31 Oct 2010 04:08 AM PDT

Telecom Regulatory Authority of India (TRAI) will come out with a regulation to curb unsolicited calls and messages before November 15, its chairman J S Sharma said on Sunday.

'RBI may raise key rates in Nov 2 policy review'

Posted: 31 Oct 2010 04:06 AM PDT

Faced with rising inflation, the Reserve Bank is likely to increase key policy rates by at least 25 basis points in its mid-term review of the monetary policy to be unveiled on Tuesday.

'India likely to see 2.3 lakh new jobs in Q4'

Posted: 30 Oct 2010 11:03 PM PDT

Six sectors, including healthcare and realty, are expected to create a whopping 2.3 lakh jobs in India in the last three months of 2010, according to global consultancy Ernst & Young.

7 of top 10 firms shed Rs 28k cr in m-cap in a week

Posted: 30 Oct 2010 11:06 PM PDT

Market capitalisation (m-cap) of seven of the country's top-10 firms eroded by Rs 28,193 crore last week, with oil and gas major ONGC recording the biggest loss in valuation.

Sun Knowledge Emerging Co of the Year in BPO

Posted: 31 Oct 2010 06:06 PM PDT

The economictimes .com BPO Industry Awards 2010 saw several emerging companies as well as established ones being rewarded for their achievements in the BPO industry.

Apple sues Motorola, further escalating cellphone wars

Posted: 31 Oct 2010 10:45 AM PDT

Apple Inc sued rival Motorola Inc, claiming the Droid smartphone maker infringes on three iPhone patents.
Posted by Harshad at 9:04 PM

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