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Date: 17/09/2014
G Ramanujam ceases to be director of Andhra Petrochemicals
G Ramanujam ceases to be director of Andhra Petrochemicals Andhra Petrochemicals Ltd has informed BSE that Sri Justice G Ramanujam (Retd), ceased to be the Director of the Company consequent upon his resignation effective from September 11, 2014.
Date: 17/09/2014
Monte Carlo Fashions gets Sebi go-ahead for IPO
Monte Carlo Fashions gets Sebi go-ahead for IPO Monte Carlo Fashions (MCFL) has got a go-ahead from the capital markets regulator Sebi for its estimated Rs 500-crore Initial Public Offer (IPO), wherein 54.33 lakh equity shares would be sold by shareholders including promoters and private equity firm Samara Capital.
Date: 17/09/2014
Mahindra Mahindra's Q2 results on Oct 31, 2014
Mahindra  Mahindra's Q2 results on Oct 31, 2014 Mahindra Mahindra Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 31, 2014, to consider and approve the Company?s Unaudited Financial Results for the second quarter and half year ending on September 30, 2014 (Q2).
Date: 17/09/2014
Biocon-Mylan start global phase-3 trials for drug Glargine
Ekta Batra The biosimilar insulin drug Glargine targets market of USD 8 billion globally and has been approved in 10 countries already.
Date: 17/09/2014
Suven Life Sciences' board meeting on Sept 22, 2014
Suven Life Sciences' board meeting on Sept 22, 2014 Suven Life Sciences Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 22, 2014, to consider alteration of Articles of Association of the Company and to consider fund raising programmes through various means.
Date: 17/09/2014
Cipla down 2% on Nomura downgrade, valuations expensive
Cipla down 2% on Nomura downgrade, valuations expensive According to the report, the valuation seems expensive as the brokerage sees limited upside risk to earnings in the near term.
Date: 17/09/2014
Avoid real estate, infra, power space: Vineet Bhatnagar
Vineet Bhatnagar Vineet Bhatnagar, managing director of Phillip Capital is of the view that one may avoid real estate, infrastructure and power space.
Date: 17/09/2014
See upside in Dr Reddy's Laboratories: Amit Gupta
Amit Gupta According to Amit Gupta of ICICIdirect, Dr Reddy's Laboratories should move up.
Date: 17/09/2014
How can India 'corporatize' its major ports?
How can India 'corporatize' its major ports? The government recently announced the appointment of a consultant who would submit a report on how to ‚??corporatize‚?? Indian ports. But most of the glaring issues faced by the major ports are obvious.
Date: 17/09/2014
How can India 'corporatize' its major ports?
How can India 'corporatize' its major ports? The government recently announced the appointment of a consultant who would submit a report on how to ‚??corporatize‚?? Indian ports. But most of the glaring issues faced by the major ports are obvious.
Date: 17/09/2014
YES Bank: Updates on rating by ICRA
YES Bank: Updates on rating by ICRA YES Bank received ratings upgrade from ICRA for its various long term debt programmes.
Date: 17/09/2014
Axis Bank may slip to Rs 375: Amit Gupta
Amit Gupta Amit Gupta of ICICIdirect feels that Axis Bank may slip to Rs 375.
Date: 17/09/2014
Go long in Hero Motocorp, says Amit Gupta
Amit Gupta Amit Gupta of ICICIdirect recommends going long in Hero Motocorp as the stock should hit Rs 3000.
Date: 17/09/2014
ITC may go above Rs 360: Amit Gupta
Amit Gupta Amit Gupta of ICICIdirect is of the view that one may prefer ITC and TCS and feels that ITC may move beyond Rs 360.
Date: 17/09/2014
Kotak's new arbitrage fund aims 8-10% post-tax returns
Harsha Upadhyaya Kotak Mutual Fund launches Kotak Equity Savings Fund. The new fund offer opens today and closes on October 1.
Date: 17/09/2014
Nifty races towards 8000; Sensex firm; Wipro, Biocon gains
Nifty races towards 8000; Sensex firm; Wipro, Biocon gains Wipro, Infosys, Tata Power, MM and TCS are major gainers in the Sensex. Among the laggards are GAIL, Cipla, Sesa Sterlite, Tata Motors and Hindalco.
Date: 17/09/2014
Nifty races towards 8000; Sensex firm; Wipro, Biocon gains
Nifty races towards 8000; Sensex firm; Wipro, Biocon gains Wipro, Infosys, Tata Power, MM and TCS are major gainers in the Sensex. Among the laggards are GAIL, Cipla, Sesa Sterlite, Tata Motors and Hindalco.
Date: 17/09/2014
Of 390 branches, 274 fully functional in valley: JK Bank
Mushtaq Ahmad Relief operations continue across the flood-hit Jammu and Kashmir with water levels largely receding in the area. However, Mushtaq Ahmad of JK Bank adds that movement within the city is still difficult and hence reaching out to the rest of the branches is difficult.
Date: 17/09/2014
Environment Ministry: Resolving the Okhla crisis
Environment Ministry: Resolving the Okhla crisis Environment minister, Prakash Javadekar says his ministry is no longer a speed breaker in handing out clearances. Prime Property asks him about the fate of the 30,000 home buyers in Noida stuck on account of ruling by the National Green Tribunal.
Date: 17/09/2014
Leisure homes: The new fad!
Manasvi Ghelani Second homes, leisure homes, weekend getaways whatever you call it ‚?? that‚??s the segment which is grabbing attention in the market. Developers and investors across the country are rallying to add this space to your portfolio.
Date: 17/09/2014
Expect better Q2, CV loan demand to pick up in Q4: IndusInd
Romesh Sobti In an interview to CNBC-TV18, Romesh Sobti, MD and CEO of IndusInd Bank said there has been marginal improvement in CV disbursements.
Date: 17/09/2014
Capacity utilisation to improve in rest of FY15:Hatsun Agro
RG Chandramogan RG Chandramogan says globally, milk prices have started softening, but the company's main focus area is the branded business across milk and milk products. As much as 96 percent of the business is focused on branded segments, he adds.
Date: 17/09/2014
Equity NAVs fell as markets slip on Fed eyed
Equity NAVs fell as markets slip on Fed eyed Equity mutual funds across categories decline as the equity benchmarks shed more than a percent as investors remained cautious ahead of FOMC‚??s two-day meet (will begin tonight).
Date: 17/09/2014
Nifty above 7950; Sun Pharma, Tata Steel, Hindalco lead
Nifty above 7950; Sun Pharma, Tata Steel, Hindalco lead Sun Pharma, Tata Steel, Hindalco Industries, Coal India and Tata Power topped the buying list, up 1-1.6 percent followed by ITC, Reliance Industries, Infosys, TCS, ICICI Bank, HDFC and State Bank of India with 0.4-0.9 percent.
Date: 17/09/2014
Sensex gains over 100pts, Nifty firm on global cues
Sensex gains over 100pts, Nifty firm on global cues Tata Power, Hindalco, LT, Tata Steel and Wipro are top gainers in the Sensex.
Date: 17/09/2014
Mkt will crack eventually, take profits: Sukhani
Sudarshan Sukhani Watch the interview of Sudarshan Sukhani, s2analytics.com with Latha Venkatesh Sonia Shenoy on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.
Date: 17/09/2014
Hero MotoCorp to set up manufacturing unit in AP
Hero MotoCorp to set up manufacturing unit in AP The Hero plant, the first major industrial unit to be announced in the residuary State, is expected to provide direct employment to 3,000 people and indirect employment to another 6,000.
Date: 17/09/2014
Expect US Fed to reaffirm focus on growth: StanChart
Steve Brice Steve Brice of Standard Chartered Bank says the US economy is doing well and inflation expectation has moderated. He believes Fed will guide people in the right direction ‚?? focus on growth and any movement in interest rates is going to be gradual.
Date: 17/09/2014
Ahead of crucial Ciaz launch, Maruti COO said to have quit
Ahead of crucial Ciaz launch, Maruti COO said to have quit The resignation comes ahead of the automaker‚??s premium sedan, Ciaz‚??s launch, slated in October.
Date: 17/09/2014
Microsoft's Windows 9 event on Sept 30: What to expect
Microsoft's Windows 9 event on Sept 30: What to expect The company sent out invitations for the event which experts say will talk in broad strokes about features aimed at corporate users for the next version of Windows, which people are informally calling 'Windows 9'.
Date: 16/09/2014
ICRA pegs tyre industry to grow at 8% in 2014-15
ICRA pegs tyre industry to grow at 8% in 2014-15 The decline in natural rubber and crude oil prices would provide the requisite headroom for passing on some benefits to the consumers, it said.
Date: 16/09/2014
No plans to withdraw A380 from operations: Emirates
No plans to withdraw A380 from operations: Emirates "A380 (aircraft) is here to stay...We have the approvals from the authorities," Emirates vice president for India and Nepal, Essa Sulaiman Ahmad said in a response to a query.
Date: 16/09/2014
Voda, govt agree to extend date for choosing 3rd arbitrator
Voda, govt agree to extend date for choosing 3rd arbitrator Following arbitration notice by Vodafone in the Rs 20,000 crore tax case, the government had appointed former Chief Justice of India R C Lahoti as its arbitrator. Vodafone's arbitrator is Canadian lawyer Yves Fortier.
Date: 16/09/2014
Allahabad Bank seeks Rs 900cr capital from govt
Allahabad Bank seeks Rs 900cr capital from govt The government has budgeted only Rs 11,200 for capital infusion in public sector banks during this fiscal. Sethi further said the bank has board approval to raise Rs 320 crore from the government and a decision would be taken only if there is higher demand for credit.
Date: 16/09/2014
Apollo Tyres starts business rescue proceedings in S Africa
Apollo Tyres starts business rescue proceedings in S Africa Apollo Tyres had entered South Africa in 2006 with the acquisition of Dunlop Tires International for Rs 290 crore in an all-cash deal. However, it hasn't been able to make the best out of the business there.
Date: 16/09/2014
ITC plans to open new hotel in Sri Lanka within 5 years
YC Deveshwar Cigarettes-to-hotels major ITC is looking to set shop in Sri Lanka within the next 5 years. Besides that, he also said Indian conglomerate will open new hotels in Ahmedabad, Hyderabad, Kolkata, Amritsar, Delhi and Chennai.
Date: 16/09/2014
Apple on the brink of another 'super cycle'
Apple on the brink of another 'super cycle' Four years after Samsung, Apple has finally made its foray into the `phablet` market - a hybrid of a phone and tablet - with the launch of the 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus last week. It also unveiled the long-awaited Apple Watch, which won`t be available until 2015.
Date: 16/09/2014
FTIL opposes merger of NSEL with itself
FTIL opposes merger of NSEL with itself In a letter to BSE and NSE, FTIL said its Board is opposed to FMC's recommendations that NSEL be merged with FTIL and the government should take over management of FTIL.
Date: 16/09/2014
Peerless MF announces change in face value under 2 schemes
Peerless MF announces change in face value under 2 schemes Peerless Mutual Fund has announced change in the face value of Pearless Ultra Short Term Fund and Peerless Liquid Fund from the existing Rs 10 to Rs 1,000 per unit.
Date: 16/09/2014
LIC Nomura MF launches Capital Protection Fund Series 5
LIC Nomura MF launches Capital Protection Fund Series 5 LIC Nomura Mutual Fund has launched LIC Nomura MF Capital Protection Oriented Fund Series 5, a close ended, with the objective to achieve capital protection by investing in fixed income securities maturing on or before the tenure of the scheme and seeks capital appreciation by investing in equity and equity related instruments.
Date: 16/09/2014
DSP BlackRock MF launches Constant Maturity 10Y G-Sec Fund
DSP BlackRock MF launches Constant Maturity 10Y G-Sec Fund DSP BlackRock Mutual Fund has launched DSP BlackRock Constant Maturity 10Y G-Sec Fund, an open-ended gilt scheme with the objective to generate returns commensurate with risk from a portfolio of Government Securities with weighted average maturity of around 10 years.
Date: 16/09/2014
Infra, construction growth may remain stressed in FY15
Infra, construction growth may remain stressed in FY15 Only substantial improvements at the operational level would cause a meaningful improvement in their credit profile, given the high leverage levels and negligible cash generation ability of corporates in these sectors.
Date: 16/09/2014
Shemaroo Entertainment gets Rs 36 cr from anchor investors
Shemaroo Entertainment gets Rs 36 cr from anchor investors The company has received Rs 36 crore by issuing 21,17,605 equity shares to nine anchor investors including HDFC and Birla Sun Life funds at higher end of price band of Rs 155-170 a share.
Date: 16/09/2014
Small players to control 40% of FMCG segment by 2019:CRISIL
Small players to control 40% of FMCG segment by 2019:CRISIL According to CRISIL Ratings' analysis on FMCG space, small players are expected to control 40% of the fastest growing FMCG segment by 2019.
Date: 16/09/2014
How will REITs impact realty?
Surabhi Arora The regulatory system should be framed in such a way that it ensures the best interest of the investor, the market and the economy, while also making the instrument attractive in terms of greater yield and less risk to entice domestic and foreign investors.
Date: 16/09/2014
GHCL: Updates on outcome of AGM
GHCL: Updates on outcome of AGM GHCL has submitted a copy of the minutes of the 31st Annual General Meeting (AGM) of the Company held on August 21, 2014.
Date: 16/09/2014
PuPudumjee Industries: Disclosure of voting results of AGM (Clause 35A)
PuPudumjee Industries: Disclosure of voting results of AGM (Clause 35A) Pudumjee Industries has informed regarding the details of Voting results at the 49th Annual General Meeting of the Company held on September 15, 2014, under Clause 35A.
Date: 16/09/2014
Buy NCDEX Ref Soya Oil Oct; target of Rs 630/640: Angel
Buy NCDEX Ref Soya Oil Oct; target of Rs 630/640: Angel Angel Commodities' report on special technical report on Edible Oil. According to the research firm, one can buy NCDEX Ref Soya Oil October between Rs 580-590 with a stop loss of Rs 555 for the target price of Rs 630/640.
Date: 16/09/2014
NSEL lacks credibility; merge it with FTIL: FMC to govt
NSEL lacks credibility; merge it with FTIL: FMC to govt To ensure that FTIL takes responsibility to resolve the payment crisis at NSEL at the earliest, FMC has also suggested the government to consider taking over the management of FTIL.
Date: 16/09/2014
Efforts being taken by Modi govt in right direction: Crisil
Efforts being taken by Modi govt in right direction: Crisil Pointing out that the sector was largely unorganised, he said the ease of funding is not there. Of 100 files reaching a banks, only five are approved. There are no set benchmarks or practises, Anurag Jhanwar, director, Real Estate Ratings, Crisil said.
Date: 16/09/2014
Efforts being taken by Modi govt in right direction: Crisil
Efforts being taken by Modi govt in right direction: Crisil Pointing out that the sector was largely unorganised, he said the ease of funding is not there. Of 100 files reaching a banks, only five are approved. There are no set benchmarks or practises, Anurag Jhanwar, director, Real Estate Ratings, Crisil said.
Date: 16/09/2014
Stocks that were buzzing in trade today
Varinder Bansal CNBC-TV18s Varinder Bansal lists some of the key stocks which were buzzing in trade today.
Date: 16/09/2014
Buy GSFC; target of Rs 140: Emkay
Buy GSFC; target of Rs 140: Emkay Brokerage house Emkay Global Financial Services is bullish on Gujarat State Fertilizers Chemicals (GSFC) and has recommended buy rating on the stock with a target price of Rs 140 in its September 12, 2014 research report.
Date: 16/09/2014
Buy Zydus Wellness; target of Rs 880: Dolat Capital
Buy Zydus Wellness; target of Rs 880: Dolat Capital Dolat Capital is bullish on Zydus Wellness (ZWL) and has recommended 'Buy' rating on the stock with a target price of Rs 880 in its research report dated September 15, 2014.
Date: 16/09/2014
Expect gold prices to trade negative: Sushil Finance
Expect gold prices to trade negative: Sushil Finance Sushil Finance expects gold prices to trade on the negative note plans to raise U.S. interest rates sooner than expected and expectations for a stronger U.S. currency in the longer run likely to keep Bullion market under pressure.
Date: 16/09/2014
Prefer Motherson Sumi at around Rs 380-385: Pritesh Mehta
Pritesh Mehta Pritesh Mehta of IIFL is of the view that one may look to build positions in Motherson Sumi Systems at around Rs 380-385.
Date: 16/09/2014
Is a home affordable at Rs 35 lakh?
Vinit Deo The affordable housing challenge definitely can be conquered and is well within our reach. The only key factor is teamwork between each entity involved in creating an environment to enable the success of affordable housing in India.
Date: 16/09/2014
10-year bond yields to hover in 8.40-8.65% range: UTI AMC
Sudhir Agarwal "Dynamic bond funds also remains a good bet in an environment where we may not see a big directional move and hence these funds may try to capture any short term opportunity as and when it arises," Sudhir Agrawal, fund manager at UTI AMC said.
Date: 16/09/2014
Sensex falls 323 pts, Fed eyed; midcap snaps 11-day gains
Sensex falls 323 pts, Fed eyed; midcap snaps 11-day gains The BSE Midcap index snapped 11-day winning streak, down 3.4 percent while Smallcap index declined for the first time in last eight sessions, down 4 percent.
Date: 16/09/2014
Final norms for on tap bank licences this fiscal: RBI
Final norms for on tap bank licences this fiscal: RBI The Reserve Bank had earlier issued draft guidelines for payment and small banks and is in the process of finalising the final norms.
Date: 16/09/2014
India may be among top exporters by 2030: HSBC
India may be among top exporters by 2030: HSBC Sector-wise, pharmaceuticals, transport equipment and textiles will help accelerate overall export growth, says the report.
Date: 16/09/2014
Oil cos hold 35 paisa cut in diesel, 55 p hike in petrol
Oil cos hold 35 paisa cut in diesel, 55 p hike in petrol Under-recovery or the difference between retail price and its imported cost on diesel was 8 paisa per litre in the first half of September. The under-recovery in the second half has turned into over-recovery or profit of 35 paisa per litre.
Date: 16/09/2014
Nifty below 8000, Sensex slips 324pts; Small midcap bleed
Nifty below 8000, Sensex slips 324pts; Small  midcap bleed Bharti Airtel and Dr Reddy's Labs bucked the trend, up over a percent followed by ITC, Infosys, TCS, Sun Pharma and Hero Motocorp with 0.3-0.6 percent.
Date: 16/09/2014
Nifty slips below 8000; banks, oil, auto stocks drag
Nifty slips below 8000; banks, oil, auto stocks drag Oil, bank and auto stocks are dragging the indices. Axis Bank, ONGC, SBI, Tata Motors and Coal India are major laggards in the Sensex.
Date: 16/09/2014
Modi's speech to be beamed live at New York's Times Square
Modi's speech to be beamed live at New York's Times Square Modi is scheduled to address a 20,000 packed crowd inside the Madison Square Garden for which nearly 40,000 people had applied from across the nation. The live telecast of the speech is expected to help some of these people to listen to Modi's speech at the Times Square - another historic venue of the New York City.
Date: 16/09/2014
RBI chief Rajan says limiting reliance on foreign debt
RBI chief Rajan says limiting reliance on foreign debt Rajan's comments came at a time when foreign institutional investors have nearly exhausted their USD 25 billion allocation in government debt, leading to expectations that India would raise limits soon.
Date: 16/09/2014
Nifty holds 8000 amid pressure; midcap, smallcap outperform
Nifty holds 8000 amid pressure; midcap, smallcap outperform The BSE Midcap and Smallcap indices gained 0.2 percent and 0.6 percent, respectively. Advancers beat decliners on the Bombay Stock Exchange by a ratio of 1470 to 1163.
Date: 16/09/2014
Banks need over USD 200 bn capital in next 5 years: Fitch
Banks need over USD 200 bn capital in next 5 years: Fitch State-owned banks to account for 85 per cent of the capital requirement. As per the estimates, public sector banks require Rs 2.40 lakh crore equity capital by March 2019.
Date: 16/09/2014
Sensex, Nifty consolidate; oil stocks weak, pharma steady
Sensex, Nifty consolidate; oil stocks weak, pharma steady Oil gas stocks are taking a toll on the benchark indices. The index is down 0.8 percent. ONGC, Axis Bank, Tata Motors, Sesa Strelite and Coal India are major laggards while Dr Reddy's Labs, Sun Pharma, Bharti Airtel, Wipro and Bajaj Auto are top gainers in the Sensex.
Date: 16/09/2014
Equity Mutual Funds decline as markets slip on IIP data
Equity Mutual Funds decline as markets slip on IIP data Equity Mutual Funds ended with negative returns as the selling pressure resumed again on Monday dragging the Sensex below 27000 level dented by weak industrial output in July despite significant fall in August inflation.
Date: 16/09/2014
Nifty hangs below 8050; SBI, Wipro, Hindalco gain 1%
Nifty hangs below 8050; SBI, Wipro, Hindalco gain 1% ONGC, Tata Motors, HDFC, Axis Bank and Sesa Sterlite are major laggards in the Sensex. Among the gainers are Sun Pharma, Dr Reddy's Labs, Hindalco, Wipro and SBI.
Date: 16/09/2014
Sensex, Nifty flat; Tata Motors slips, Wipro gains strength
Sensex, Nifty flat; Tata Motors slips, Wipro gains strength Shares of BHEL, Wipro, Sun Pharma, Dr Reddy's Labs, Larsen and Toubro, NMDC, Bank of Baroda and DLF gained 0.4-1 percent while Tata Motors, Sesa Sterlite, Coal India, Hindalco, HUL, IndusInd Bank, ACC and Tata Steel fell 0.5-1 percent.
Date: 16/09/2014
As mining curbs bite, India offers mkt to glut-hit iron ore
As mining curbs bite, India offers mkt to glut-hit iron ore The country may ship in up to 45 million tonnes over the next three years as home-grown iron ore output falls short of domestic steel production needs, an executive at an influential industry group said.
Date: 16/09/2014
India tightens Vietnam defence, oil ties ahead of Xi's tour
India tightens Vietnam defence, oil ties ahead of Xi's tour India's new accords with one of China's rivals for influence in the South China Sea came as Xi visited the nearby islands of Sri Lanka and the Maldives, a reminder of the geostrategic jostling that is becoming an increasing feature in Asia.
Date: 16/09/2014
Alibaba will raise IPO range to $66 to $68: WSJ
Alibaba will raise IPO range to $66 to $68: WSJ Alibaba's executives are currently touring several major cities on the company's global roadshow. Sources say demand for the IPO, which could be the world's largest, has been strong.
Date: 15/09/2014
China premier Xi Jinping's India visit: What's on agenda?
China premier Xi Jinping's India visit: What's on agenda? The Chinese head of state will start his visit from Ahmedabad and during the course of his stay, both nations are expected to sign several deals aimed at boosting economic relations between both the nations.
Date: 15/09/2014
Infosys CEO Sikka lays blueprint for IT major's turnaround
Poornima Murali I-T service major Infosys is getting ready to fire on all cylinders in its mission to bag large deals and ramp up its BPO business. On the drawing board, is a roadmap for recovery and a capital expenditure plan that has investors watching closely reports CNBC-TV18's Poornima Murali.
Date: 15/09/2014
Insurers want rich to pay more for universal health cover
Insurers want rich to pay more for universal health cover The fact that only 20 per cent of people have health cover, out of India's 124 crore population, makes it clear that India is a hugely underpenetrated market when it comes to health cover.
Date: 15/09/2014
Insurers want rich to pay more for universal health cover
Insurers want rich to pay more for universal health cover The fact that only 20 per cent of people have health cover, out of India's 124 crore population, makes it clear that India is a hugely underpenetrated market when it comes to health cover.
Date: 15/09/2014
PM Modi takes stock of GST, Bill likely in winter session
PM Modi takes stock of GST, Bill likely in winter session The GST regime aims at subsuming most of the indirect taxes at the central as well as states' level. The UPA government in 2011 introduced a Constitution Amendment Bill in the Lok Sabha to pave the way for introduction of GST.
Date: 15/09/2014
PM Modi takes stock of GST, Bill likely in winter session
PM Modi takes stock of GST, Bill likely in winter session The GST regime aims at subsuming most of the indirect taxes at the central as well as states' level. The UPA government in 2011 introduced a Constitution Amendment Bill in the Lok Sabha to pave the way for introduction of GST.
Date: 15/09/2014
Regulatory Impact Assessment
Regulatory Impact Assessment Regulatory Impact Assessment
Date: 15/09/2014
September 2014: Tax Regulatory Wrap
September 2014: Tax  Regulatory Wrap September 2014: Tax Regulatory Wrap
Date: 15/09/2014
Microsoft to buy Minecraft maker for USD 2.5 billion
Microsoft to buy Minecraft maker for USD 2.5 billion Minecraft, which lets users build in and explore a Lego-like virtual multiplayer world, has been downloaded 100 million times on PC alone since its launch in 2009. It is the most popular online game on Xbox, and the top paid app for Apple's iOS and Google's Android operating system in the US.
Date: 15/09/2014
Microsoft to buy Minecraft maker for USD 2.5 billion
Microsoft to buy Minecraft maker for USD 2.5 billion Minecraft, which lets users build in and explore a Lego-like virtual multiplayer world, has been downloaded 100 million times on PC alone since its launch in 2009. It is the most popular online game on Xbox, and the top paid app for Apple's iOS and Google's Android operating system in the US.
Date: 15/09/2014
CCI clears Kotak 15% stake buy in MCX
CCI clears Kotak 15% stake buy in MCX According to the Competition Commission of India (CCI) the proposed deal "is not likely to have an appreciable adverse effect on competition in India".
Date: 15/09/2014
IDFC to begin setting up of holding co soon: Lall
IDFC to begin setting up of holding co soon: Lall The city-based IDFC recently completed its process to bring down the foreign holdings to meet the regulatory requirement of converting itself into a bank, the licence for which was bagged the infra lender in April along with the Kolkata-based microlender Bandhan.
Date: 15/09/2014
IDFC to begin setting up of holding co soon: Lall
IDFC to begin setting up of holding co soon: Lall The city-based IDFC recently completed its process to bring down the foreign holdings to meet the regulatory requirement of converting itself into a bank, the licence for which was bagged the infra lender in April along with the Kolkata-based microlender Bandhan.
Date: 15/09/2014
CCI clears Zuari's open offer for MCFL shareholders
CCI clears Zuari's open offer for MCFL shareholders Zuari entities' Rs 211-crore offer for 26 per cent stake in MCFL is supported by the existing promoters and would be "a competing open offer" to Deepak Fertilizers' offer. Giving its green signal, the Commission said the "proposed combination is not likely to have appreciable adverse effect on competition in India".
Date: 15/09/2014
CCI approves 10.16% stake buy in Intas by Temasek
CCI approves 10.16% stake buy in Intas by Temasek Under the proposed deal, Dunearn Investments (Mauritius) Pte. Ltd -- a indirect subsidiary of Temasek -- would acquire the stake from Mozart Ltd -- a wholly owned subsidiary of ChrysCapital III LLC.
Date: 15/09/2014
SEBI Amends Clause 49: Quick Highlights!
SEBI Amends Clause 49: Quick Highlights! By: Payaswini Upadhyay, CNBC-TV18
Date: 15/09/2014
Signs of recovery? Advance tax for 14 cos up 19%
Aastha Maheshwari CNBC-TV18 learns that most public sector banks, who‚??ve been facing NPA concerns, have surprisingly seen an increase in their advance tax payments.
Date: 15/09/2014
MCX-SX gets conditional 1-year renewal; Sebi seeks biz plan
MCX-SX gets conditional 1-year renewal; Sebi seeks biz plan Besides, the exchange would not be allowed to introduce any new contract till it meets minimum networth requirement of Rs 100 crore, for which it has been given three-months time.
Date: 15/09/2014
Ind-AS: Widening GAP
Ind-AS: Widening GAP By: Keyur Dave, Grant Thornton India
Date: 15/09/2014
Any revenue from TriZetto will add to guidance: Cognizant
Gordon Coburn US healthcare clients are desperate to cut costs and therefore, there cannot be a better time than today to buy TriZetto, says Gordon Coburn, President, Cognizant.
Date: 15/09/2014
No ind director in CIL,MCL power project nod may be delayed
No ind director in CIL,MCL power project nod may be delayed "The board may take up the matter in the next meeting on September 17. Once it is cleared, it would reach the Coal India board for approval," MCL Chairman and Managing Director AN Sahay had said.
Date: 15/09/2014
India's services export in July up 7.4% at USD 13.34bn
India's services export in July up 7.4% at USD 13.34bn Services export in 2013-14 stood at 167.01 billion, while imports were at USD 88.19 billion. The services sector contributes about 55 percent to country's gross domestic product.
Date: 15/09/2014
Android One to cater 1 bn Indian users: Google's Pichai
Sundar Pichai The phones will be high quality smart phones with latest software backed by Google but at the same time we are also helping our partners to build the hardware needed to affordable high quality smart phones, said Sundar Pichai, VP-Android, Google.
Date: 15/09/2014
'Many banks not giving interest-free loans to sugar mills'
'Many banks not giving interest-free loans to sugar mills' As on September 4, Rs 5,511 crore has been disbursed out of Rs 6,094 crore sanctioned, as per official data.
Date: 15/09/2014
Indian economy poised to grow 5.7% this year, says OECD
Indian economy poised to grow 5.7% this year, says OECD In its latest interim Economic Assessment report released today, OECD said a moderate expansion is under way in most major advanced and emerging economies. However, growth remains weak in the euro area, which runs the risk of prolonged stagnation if further steps are not taken to boost demand, it added.
   
 
 
 
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2 - Nutanbharat Society,
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Alkapuri, Baroda ,
Gujarat-India.
   
Telephone : +91-265-2353496
+91-265-2323520
   
Mobile: +91-98253-92544
   
E-mail :
 
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