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Financial News

Corporate Announcements

Expect good dividend from PSUs: FinMin

The government is seeking higher dividends from PSUs to tide over the financial problem.

Weekly review: Sensex rises 306 pts

Moody's also upgraded India's short- term foreign currency rating.

S&P hits euro ratings

Standard & Poor's downgraded the credit ratings of nine euro zone countries.

Silver falls by Rs 400, gold remains flat

Reduced offtake by industrial units and coin makers further fuelled the downtrend in silver, they said.

ECR records 12.6% increase in income

The East Centre Railway ECR has earned Rs 5687 crores from April to December 2011.

Six loopholes in Realty Bill

In this backdrop, it would be instructive to take a look at the draft legislation once again.

'ONGC Videsh, GAIL eye UK's Cove Energy'

Cove Energy, with a market value of about $977 million, put itself up for sale earlier in January.

Boeing-AI loan guarantee won't be blocked

Air India had in 2005 placed an order for as many as 50 long-range Boeing jets worth about $6 bn.

Leadership Catalogue

From the ancient to the modern, leadership coach and author Sangeeth Varghese handpicks a dozen all-time great works on the art and science of leading from the front

Plea Against Chidambaram Dismissed

Subramanian Swamy says he will approach Delhi High Court and place more evidence

Sahara Withdraws BCCI Sponsorship, Pulls Out Of IPL

The BCCI, on its part, appeared to be nonchalant about Sahara's decision and said it would react only when it gets written communication

Telenor Writes Down $721 Mn India Investments

However, the write down would have no impact on the operations of Uninor and it intends to protect its investments in India

The Joust In Jaipur

Do we need a more nuanced, more mature perspective on free speech?

Personal Finance

SMS alerts on comex transactions from May 1

The Forward Markets Commission (FMC) has planned a slew of measures for smoother, more secure and transparent trading on commodity exchanges and to attract hedgers’ direct participation.

Banks Widen TDS window

High-value term deposits in banks may not be subjected to tax deducted at source (TDS) if the finance ministry agrees to proposals made by banks on Thursday.

Tax-saving bonds find little favour with investors

Tax-saving bonds seem to have become an opportunity wasted for the government, which is struggling to raise funds for its ambitious infrastructure development programme.

AllBank hikes interest rates on NRE term deposits

Allahabad Bank has decided to increase interest rates on NRE (Ruppee)term deposits with effect from January 4 for the following periods.

Banks extend festive offers

The festive season may be over, but festive offers on loans are open for the next couple of months.


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