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Date : Fri, 18 Apr 2014 17:54:46 +0530

Reliance Q4 net up 2% to Rs 5631 cr, net GRM at USD 9.3/bbl

Reliance Q4 net up 2% to Rs 5631 cr, net GRM at USD 9.3/bbl India's largest petrochemical major Reliance Industries has surpassed street expectations by reporting fourth quarter (January-March) net gross refining margins at USD 9.3 a barrel as against 7.6 a barrel in previous quarter. Analysts had expected it at around USD 8.6 a barrel.

Date : Fri, 18 Apr 2014 17:00:00 +0530

Reserve Bank of India - Bulletin Weekly Statistical Supplement - Extract

Reserve Bank of India - Bulletin Weekly Statistical Supplement - Extract Reserve Bank of India - Bulletin Weekly Statistical Supplement - Extract

Date : Fri, 18 Apr 2014 16:05:53 +0530

Rajat Gupta ordered to begin prison sentence on June 17

Rajat Gupta ordered to begin prison sentence on June 17 Gupta was found guilty in June 2012 of passing confidential information about Goldman Sachs to his friend and business associate Rajaratnam just minutes after Gupta exited Goldman's board meetings.

Date : Fri, 18 Apr 2014 16:05:36 +0530

Alstom bags Rs 2,500 crore contract from BHEL

Alstom bags Rs 2,500 crore contract from BHEL Under the contract, Alstom will cooperate with BHEL in designing boilers and supply identified pressure parts of the 660 MW supercritical boilers. It will also assist BHEL with technical advisors during the erection and commissioning of the units.

Date : Fri, 18 Apr 2014 15:57:02 +0530

Five firms buying back shares worth Rs 6,000 cr this year

Five firms buying back shares worth Rs 6,000 cr this year Together, all the five firms have planned to infuse a capital of Rs 5,940.85 crore to repurchase 19 crore shares from their respective shareholders through open market route on stock exchanges, according to the Sebi data.

Date : Fri, 18 Apr 2014 15:44:10 +0530

P-Notes investment hits 3-yr high at $34 bn in March

P-Notes investment hits 3-yr high at $34 bn in March According to Sebi data, the total value of P-Note investments in Indian markets (equity, debt and derivatives) rose to Rs 2,07,639 crore at the end of March from Rs 1,72,738 crore in the preceding month.

Date : Fri, 18 Apr 2014 15:26:45 +0530

Ford, IBM to again face US lawsuit over 'apartheid abuses'

Ford, IBM to again face US lawsuit over 'apartheid abuses' Reviving a 12-year-old lawsuit, US District Judge Shira Scheindlin in Manhattan accepted an argument from a group of plaintiffs that corporations may be held liable under a 1789 law, the Alien Tort Statute (ATS), that lets non-US citizens pursue some cases in US courts over alleged violations of international law.

Date : Fri, 18 Apr 2014 14:36:27 +0530

Garcia Marquez, master of magical realism, dies at 87

Garcia Marquez, master of magical realism, dies at 87 A prolific writer who started out as a newspaper reporter, Garcia Marquez's masterpiece was One Hundred Years of Solitude, a dream-like, dynastic epic that helped him win the Nobel Prize for Literature in 1982.

Date : Fri, 18 Apr 2014 14:32:28 +0530

Glenmark pulls 2,900 bottles of ulcer drug in US

Glenmark pulls 2,900 bottles of ulcer drug in US Medicines produced in India, which supplies about 40 percent of generic and over-the-counter drugs sold in the United States, have come under increased scrutiny by the Food and Drug Administration over the past year.

Date : Fri, 18 Apr 2014 14:09:53 +0530

Payment banks aren't financially inclusive: Chakrabarty

KC Chakrabarty KC Chakrabarty, the outgoing RBI deputy governor believes the viability of payment banks is a concern as they wouldn't be able to compete with established banks once they penetrate into rural India.

Date : Fri, 18 Apr 2014 14:00:40 +0530

Will not do politics that divides the country: Modi

Narendra Modi In an exclusive interview to CNBC Awaaz, Modi said the Centre must think like a team leader, where the team will include the Prime Minister and Chief Ministers.

Date : Fri, 18 Apr 2014 14:00:02 +0530

Summer rice in India has crossed the tillering to reach booting milking stage In this stage farmers are advised to give nitrogenous fertilizer dose

Summer rice in India has crossed the tillering to reach booting milking stage In this stage farmers are advised to give nitrogenous fertilizer dose Summer rice in India has crossed the tillering to reach booting milking stage. In this stage farmers are advised to give nitrogenous fertilizer dose. According ...

Date : Fri, 18 Apr 2014 13:00:03 +0530

Farmers are advised to collect the suitable Coconut varieties for nursery raising

Farmers are advised to collect the suitable Coconut varieties for nursery raising Farmers are advised to collect the suitable Coconut varieties for nursery raising. According to agriculture scientists, T x D hybrid, local Assam tall, Bengal ...

Date : Fri, 18 Apr 2014 12:12:24 +0530

Air India seeks bridge loan of $500 million

Air India seeks bridge loan of $500 million The state-run airline is offering the aircraft as security and will repay the loan after it concludes a sale and lease- back arrangement, it said, adding there will be no government guarantee for the loan.

Date : Fri, 18 Apr 2014 12:10:43 +0530

Don't worry about lower Q1 guidance; Q2 to be better: Wipro

Suresh Senapaty While the current quarter is likely to be plagued by the major headwinds of contraction in retail and India business, the net quarter (Q2) is looking to be positive, adds chief executive officer TK Kurien

 

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