Thursday, 9 May 2013

Jet set to order over 100 planes at airshow: CAPA

Jet set to order over 100 planes at airshow: CAPA

Jet set to order over 100 planes at airshow: CAPA

NEW DELHI | Thu May 9, 2013 9:41pm IST. NEW DELHI (Reuters) - Jet Airways (JET.NS) is expected to order more than 100 planes from Boeing Co (BA.N) and Airbus (EAD.PA) at the Paris Airshow next month, a leading aviation consultancy said.
SC finds no merit in plea against Cairn-Vedanta deal

SC finds no merit in plea against Cairn-Vedanta deal

The Supreme Court on Thursday said it cannot sit in judgment over commercial decisions taken by parties to an agreement after evaluating the contract's financial implications, unless such decisions were in clear violation of any statutory provisions or ...
IMG agrees on 10% stake sale in Coal India

IMG agrees on 10% stake sale in Coal India

IMG agrees on 10% stake sale in Coal India. Government has approved 10 percent stake sale in Coal India, which will fetch over Rs 17,000 crore, however the mode of disinvestment of the PSU was not decided. Source: PTI. Share · Tweet · Share on Tumblr ...
Wipro gets Sebi nod on minimum public shareholding norm

Wipro gets Sebi nod on minimum public shareholding norm

The so-called 'Irrevocable Independent Trust' will have trustees either from public sector banks or public financial institutions, Wipro said in a statement. Photo: Hemant Mishra/Mint. Also Read. Indian tech companies seek to fund disruptive business ideas ...
India Bonds Rally on Repurchase Hopes

India Bonds Rally on Repurchase Hopes

MUMBAI--Indian government-bond prices surged on Thursday, continuing a rally that started earlier this week, as investors bet on more bond buybacks by the central bank to help ease a cash shortage in the banking system. The benchmark 8.15% 2022 bond ...
Novartis hires Citigroup as broker for Indian unit shr sale

Novartis hires Citigroup as broker for Indian unit shr sale

Parent Novartis has hired Citigroup Capital Markets as a sole broker for the proposed share sale, to reduce stake in Novartis India to help it meet SEBI's minimum public float norms. Source: Moneycontrol.com ...
Direct LPG subsidy to consumers from June 1

Direct LPG subsidy to consumers from June 1

In a major move towards better targeting of subsidy on cooking gas, the government today decided to move towards cash transfer of subsidy on LPG cylinders. Consumers in 20 districts across the country will now get subsidy amount credited directly to their ...
SBI projects 16 per cent loan growth in FY14

SBI projects 16 per cent loan growth in FY14

Chandigarh: State Bank of India (SBI) expects to register a lower loan growth rate of 16 per cent for the current fiscal as the demand for advances from the industrial sector is "weak", the country's largest lender said on Thursday. "...we would like to believe that ...
NDTV reports record profits for Q4

NDTV reports record profits for Q4

NDTV has reported record results for the quarter ending March 31, 2013. The NDTV Group has posted an operating profit of Rs 42 crore for the January-March quarter, as compared to Rs 8 crore in the same period last year. The group has also reported net ...
Trade unions oppose parking EPFO funds in PSU ETFs

Trade unions oppose parking EPFO funds in PSU ETFs

Trade unions today said they will oppose the Finance Ministry's proposal of investing a part of retirement fund body EPFO's huge corpus of over Rs 5 lakh crore in the exchange traded funds (ETF) of central public sector undertakings. Trade unions have been ...