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Anil Ambani shares go downhill

Reliance Communications fell in a flat Indian stock market early on Thursday. Reliance Communications dropped as much as 2.8 percent after Ambani, who controls the second largest telecommunication...

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Essar CEO probed by CBI

Prashant Ruia, whose compnay deals with energy to steel and telecoms, appeared at the Central Bureau of Investigation (CBI) headquarters on Thursday, CBI spokesman R.K. Gaur.  According to Rueters Ruia...

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7% rise on EPFO's investment for LIC Housing Finance

India’s LIC Housing Finance shares rose close to 7% on Tuesday to close at Rs 190. This happened after the Employees’ Provident Fund Organisation (EPFO) stated that it would resume investing in the...

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Nigeria gas company Daewoo bags $250 mn contract

According to Rueters and Press Trust of India, South Korea's Daewoo Engineering & Construction Co Ltd announced on Sunday that it has secured a USD 250 million order from Nigeria to build a gas...

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Nifty crosses 5400 points

Nifty has touched the 5400 level and trade analysts are attributing it to the Union Budget 2011-12. Finance Minister Pranab Mukherjee has announced measures to improve economic growth and targets lower...

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Indian Finance Ministers recommends Rs 100 cr equity fund for MFIs

Finance Minister Pranab Mukherjee today announced creation of an equity fund of Rs 100 crore for micro finance institutions (MFIs), which will help the cash-strapped sector to continue lending to...

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No rebate on excise duties

Budget Reaction for FY 2011 to 2012 by Mr. Jeetendra Joshi, VP – Marketing, Reasoning Global eApplications Ltd. National Innovation Council: National innovation council under Sam Pitroda has been set...

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China shares rise for further gains

According to Rueters Shanghai shares rose on Tuesday in active trade, lifting the Hong Kong market, and looked poised for further gains thanks to subsiding inflation fears, attractive valuations and...

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Nedbank Investor Services, South Africa, selects TCS BaNCS Securities

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading global IT services and consulting firm, announced, today, that Nedbank Investor Services (NIS), a division of Nedbank, has selected...

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Godrej Consumer Products Limited to acquire Genteel and Swastik

Godrej Consumer Products Ltd (GCPL) today announced that it has acquired a 100% stake in Naturesse Consumer Care Products Limited (“NC”) and Essence Consumer Care Products Limited (“EC”) from Muskan...

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J.P. Morgan Broadens Global Transfer Agency Relationship with Blackrock

J.P. Morgan has partnered with leading global asset manager BlackRock to provide transfer agency services in Asia Pacific, enhancing the investment management firm’s services that it offers to its...

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Former U.S. Congressman Harold Ford, Jr. Joins Morgan Stanley

Morgan Stanley (NYSE: MS) today announced the appointment of former U.S. Congressman Harold Ford, Jr. to the Firm as a Managing Director and senior client relationship manager. Mr. Ford will work...

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Hong Kong records 3,598,030 visitor arrivals in January 2011

The Hong Kong Tourism Board (HKTB) announced that visitor arrivals to Hong Kong in January 2011 rose by 21.5% year-on-year to 3,598,030. The growth was driven by increase in arrivals from the Mainland...

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Coins with temple prints in India

The Reserve Bank of India will shortly put into circulation coins of ` 5 with the theme "ONE THOUSAND YEARS OF BRIHADEESWARAR TEMPLE". The coin of above denomination shall conform to the following...

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Tata Realty and Infrastructure acquires Peepul Tree Properties

Tata Realty and Infrastructure (TRIL) and Tata Realty Initiatives Fund 1 (TRIF 1) announced the acquisition of Peepul Tree Properties from Kotak India Real Estate Fund I for an enterprise value of...

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Only 11 Percent of Airline Employees in India Have Real-time Access to...

Progress Software Corporation (NASDAQ: PRGS), a leading software provider that enables enterprises to be operationally responsive, today announced some startling results of global research carried out...

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San Francisco Travel Association’s boosts economy thorugh tourism

The San Francisco Travel Association (SF Travel) is in high gear on a marketing campaign designed to attract record-breaking attendance at International Pow Wow, the major marketplace for transacting...

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Tata Consultancy Services creates record

Level 5 achievement in the CMMI® SVC model underlines maturity of fast-growing BPO and infrastructure services businesses Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), announced that it has...

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Transactions on ‘MartJack’ powered online stores cross the Rs.100Cr milestone

MartJack, a digital commerce platform developed by Reasoning Global eApplications Ltd, influences a significant portion of e-commerce in India. It is notable that these ‘MartJack’ powered stores are...

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Tata Power Energy Club supports Earth Hour 2011

Earth Hour will be from 8.30pm to 9.30pm on March 26, 2011, and will be staged in Mumbai, Jamshedpur and Bangalore in India. The essence of this programme is to spread the message to save power by...

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