MFs sit on Rs 12,000 cr
New Delhi, Sept. 14: Mutual funds are sitting on a huge cash pile of over Rs 12,000 crore, awaiting right market situation to deploy the funds and in turn protecting investors from any sharp losses du... |
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Centre not to privatise banks
BY OUR CORRESPONDENTNew DelhiSept. 14: The finance ministry said on Sunday that the government does not propose to transfer control and management of public sector banks to the private sector.The Unit... |
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Essar Shipping to raise $1.9 bn by year-end
Mumbai, Sept. 14: Essar Shipping Ports and Logistics has said it will raise $1.9 billion by the end of this year for its various expansion plans.The company has laid out an expansion plan for $2.5 bil... |
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DoT firm on 3G base price
New Delhi, Sept. 14: The department of telecom has ignored the finance ministry’s suggestion to raise the reserve price of spectrum for 3G mobile services to Rs ... |
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OEH fate hangs in balance
New York, Sept. 14: Tata group will keenly watch a special meeting of Orient-Express shareholders next month, when they would vote to cancel the powers of the promoters to veto hostile bids to takeove... |
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Wide financial sector fears to drive market
By Ellis MnyanduNEW YORKSept. 14: Even if the fate of Lehman Brothers is resolved over the weekend, Wall Street will likely remain on edge this week because of fears over the health of other big finan... |
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Rel Infra gets safety award
Anil Dhirubhai Ambani-owned Reliance Infrastructure has been awarded "safety innovation award" for its 500-MW coal-based thermal power plant at Dahanu in Maharashtra. The award... |
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RBI policy may be next trigger
C. Kutumba RaoThe impact of "globalisation" was clearly evident on the markets as positive tidings such as NSG waiver, fall in crude oil prices, moderation in inflation and bet... |
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Car firms bet on festivals
BY OUR CORRESPONDENTMumbaiSept. 14: Though car sales dipped by 1.7 per cent in August 2008, auto companies are eyeing the coming festive season for recovering their investments.Auto companies have ser... |
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Vodafone in a spot over BPL
By OLGA TELLISMumbaiSept. 14: The arbitration panel hearing the dispute over BPL Mobile ownership between BPL Mobile and Vodafone-Essar has rejected Vodafone’s c... |
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BSNL for deal on roaming
New Delhi, Sept. 14: Mobile subscribers are likely to enjoy seamless connectivity throughout the country soon, as state-run BSNL has decided to share its network with private telcos for roaming agreem... |
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Emirates still in talks over A380
Dubai: Dubai’s Emirates airline said on Sunday it was still in talks with Airbus about the delayed delivery of a second A380 . "The delivery of our s... |
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IT still has scope for consolidation
Mr B. Rama Raju is co-founder and CEO of Satyam Computer Services Ltd. He has been on the company’s board since its inception in 1987. Mr Rama Raju was appointed... |
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No end to financial woes: EU
By Leigh ThomasNICE, FranceSept. 14: The crisis roiling the financial sector will probably grind on for some time, but European banks should be able to avert serious trouble, EU finance chiefs said.Th... |
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Race to save Lehman Bros.
By JEANNINE AVERSA and JOE BEL BRUNONEW YORKSept. 14: The field of possible buyers for Lehman Brothers narrowed on Saturday, but the parties involved in the discussions over the wounded investment ban... |
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MHA alerts states, Patil for calm
BY OUR CORRESPONDENTNew DelhiSept. 13: The Union home ministry issued an advisory to all states and Union Territories asking them to remain vigilant and step up security following the serial blasts in... |
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‘Codename was Op BAD’
BY PRIYANKA RAINEW DELHISept. 13: The serial blasts in Delhi, carried out by Indian Mujahideen, was codenamed Operation "BAD" Benguluru, Ahmedabad, Delhi, sources said.In an em... |
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Bashir Delhi stay info may be key
BY NAMRATA BIJI AHUJANew DelhiSept. 13: This is not the first time Simi has tried to strike terror in the national capital. Earlier the strike being planned by the banned terror outfit were in Central... |
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‘Lot of smoke, blast not massive’
BY SONAL KELLOGGNew DelhiSept. 13: "I took seven injured to the hospital in my car in two rounds to the Ram Manohar Lohia Hospital after the blast at Central Park in CP, said Chanchan Kuma... |
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2 cars shielded people in GK
BY MANISH ANAND and VINODHININew DelhiSept. 13: Twin blasts rocked the busy Greater Kailash-I’s M-Block Market in a span of 10 minutes on Saturday evening, leavi... |
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