MCX IPO to open today February 22, 2012 13:11
"Seven of the existing investors in the MCX are diluting part of their stakes. This means, the exchange will not get any money from the IPO," Rutten said, adding that the exchange is cash rich…
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RBI hints at another CRR cut February 22, 2012 13:02
The mid-quarter review of the monetary policy is scheduled for March 15 and it is widely expected that one more CRR cut can be on the anvil. Deputy Governor Subir Gokarn said the Reserve Bank…
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Integrated approach needed to boost farm output: P M February 22, 2012 12:03
We need now to revitalise the infrastructure of support at the district level, the Krishi Vigyan Kendras and Agricultural Technology Management Agencies (ATMA) for a transformation of the extension network, he said. Prime Minister Manmohan…
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Merchant bankers to provide their IPO track record: Sebi February 22, 2012 11:54
Besides being the first IPO to provide such disclosures, MCX’s public offer would also make it the first exchange in the country to get listed and probably the first IPO of 2012 in the Indian…
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Indian Cloud computing threatened by policy- Report February 22, 2012 11:39
Good cloud computing companies ensures more security of the data center of the business, which eventually lead to safer environment for business. Policy seems to be a problem with India, the second largest software manufacturer…
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Silver price may rise upto Rs 1 lakh per kg February 22, 2012 02:00
On Tuesday February 21 Bombay Bullion Association has said that in this year the price of Silver may go upto Rs lakh per kg its all because of the present situation in International market. Prithviraj Kothari…
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US venture funds B’lore IT Co, $15 Mn February 20, 2012 17:18
Off late a lot of mergers and acquisitions are going on in the IT sector, after a brief big halt sometime back. The latest is a huge investment of an US fund into an Indian…
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FB posed to $1.2 Bn ad revenue, if it forays into mobile ads February 20, 2012 17:05
FB is on the brink of making $1.2 billion ad revenue if it launches mobile ads, say experts. With its vast base the social network will make a fortune within a short span of its…
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Gold consumption: China to surpass India February 20, 2012 13:39
"It is likely that China will emerge as the largest gold market in the world for the first time in 2012," Marcus Grubb, managing director for Investment at the WGC. China is set to surpass…
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KF cancels more flights, DGCA inquiry February 20, 2012 09:56
The King of Good Times seems to be running into more bad times. KF Airlines is cnacelling more flights due to the financial crunch faced by the giant. The Kingfisher Airlines Ltd (KAIR), nation’s Lucury…
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The king of good times runs into turmoil February 18, 2012 10:37
Kingfisher airlines is facing a series of financial issues with profits dipping even in the recently closed quarter. The continuous dipping has affected the airlines much like many flights have been cancelled and staff salaries…
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Two Wheeler segment heats up, Bajaj digs Hero February 17, 2012 13:51
The two wheeler giants Bajaj Auto and Hero Moto Corp always strategize their two wheelers as premiums. It is quite natural, but the Bajaj which was beaten by the Hero in 2001, is planning a…
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