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| Sebi mulling action on MFs for compliance on NOC withdrawal | 12-NOV-09 |
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| Market regulator Securities and Exchange Board of India (Sebi) is believed to be contemplating stricter rules for mutual fund (MF) houses as some of them are resorting to restrictive trade practice by creating irritants for investors wanting to shift to a new distributor. |
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| Koda discharged; says he is 'innocent' | 08-NOV-09 |
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| Former Jharkhand Chief Minister Madhu Koda was today discharged from a city hospital and claimed he was "innocent" and was not involved in the Rs 2,000 crore hawala scam even as Income Tax officials prepared to question him in connection with the case. |
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| Heartbreak! | 08-NOV-09 |
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| It’s painful to watch Tendulkar’s brilliant knocks go in vain. |
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| Bank profits likely to take a knock | 28-OCT-09 |
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| Bank profits could take a knock over the next four quarters, with the Reserve Bank of India (RBI) today mandating a loan-loss coverage ratio of 70 per cent. |
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| DGH bellows innocence through newspaper ads | 08-OCT-09 |
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| Facing allegations of approving Reliance Industries’ inflated gas field costs that could hurt government revenue, oil regulator, the Directorate General of Hydrocarbons (DGH), today launched an advertisement campaign, saying the exchequer would get $16.57 billion, compared to $9.5 billion for the company. |
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| TPPL partners close to resolve land issue | 07-OCT-09 |
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| Things finally seem to be looking up for Titanium Projects Private Limited (TPPL), the consortium setting up the maiden titanium project in Orissa at Chhatrapur, entailing an investment of Rs 2,000 crore. |
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| Sinochem offers $2.4 billion for Aus' Nufarm | 30-SEP-09 |
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| Sinochem Corp, China’s largest chemicals trader, offered to buy Australia’s Nufarm Ltd for A$2.8 billion ($2.4 billion) to gain a global distribution network for pesticides and herbicides. |
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| Irda cracks whip on agents | 08-SEP-09 |
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| In order to protect the interest of policyholders from agents or corporate agents switching from one insurance company to another, the Insurance Regulatory and Development Authority (Irda) today asked all insurers to enter into an agreement with agents or corporate agents for a minimum of three years. |
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| D Ravi Kanth: The colour of WTO rules | 18-AUG-09 |
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| It doesn’t matter whether the cat is black or white, so long as it catches mice,” said Deng Xiaoping as he presided over the Middle Kingdom’s plunge into market-led economic policies. In little over three decades starting from 1978, he transformed China into the ‘workshop of the world’. While the Communist party and its members controlled the political and cultural affairs of the state, a host of liberal capitalistic practices dominated the economy. China joined the World Trade Organisation — the sanctum sanctorum for the liberal mercantilist trade order — in 2001 and agreed to a range of far-reaching market access concessions for goods and services. |
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| Gurajat NRE Minerals gets NoC to aquire Rey Resources | 13-AUG-09 |
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| Gujarat NRE Minerals Limited (GNM), an Australian Subsidiary of Gujarat NRE Coke Limited, has received a no-objection from the Australian Government under the Foreign Acquisition and Takeovers Act, 1975 for an off-market takeover to acquire entire shares of Rey Resources Limited (REY). This was one of the preconditions set by GNM while making the bid, which has been satisfied with the company getting the approval for acquiring up to 100 per cent of the shares in Rey Resources Ltd. |
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| B'lore airport extends contract with Nortel | 12-AUG-09 |
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| Bangalore International Airport Limited (BIAL) has extended its end-to-end managed services contract with Nortel for three years. Nortel will manage BIAL’s entire IT infrastructure, which includes data and wireless network systems and will oversee network security. This network will be managed remotely through Nortel’s Network Operations Center (NOC) in India, which will continue to ensure the high level of reliability and dependability the airport requires. |
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| Gujarat NRE gets green signal from Australian Govt | 12-AUG-09 |
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| Gujarat NRE Minerals (GNM), an Australian subsidiary of Gujarat NRE Coke has received no objection letter from the Australian government under the Foreign Acquisition and Takeovers Act. This has given further boost to the company's plans of an off market takeover to acquire entire shares of Rey Resources (REY) in Australia. |
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Content Guide
