MCX-SX aims to start trading with 1,200 stocks
September 13th, 2012 - 10:08 pm ICT by IANS
Kolkata, Sep 13 (IANS) MCX Stock Exchange (MCX-SX), the new entrant to the stock market trading, aims to begin trading with about 1,000 stocks to 1,200 stocks when it starts ... Read more...
Posted in Business |
Russia opens first criminal case in stock price fixing
August 22nd, 2012 - 6:57 pm ICT by IANS
Moscow, Aug 22 (IANS/RIA Novosti) Russia has launched the country's first criminal case into stock market price manipulation, following a check by the Federal Financial Markets Service (FFMS).The check revealed ... Read more...
Posted in World |
NASDAQ dons Indian colours for I-Day
August 16th, 2012 - 12:04 pm ICT by IANS
New York, Aug 16 (IANS) For the fourth year in a row, NASDAQ, world's second-largest stock exchange in the heart of Times Square, donned the colours of the Indian flag ... Read more...
Posted in Politics |
Myanmar outlines monetary development master plan
August 3rd, 2012 - 2:18 pm ICT by IANS
Yangon, Aug 3 (IANS) Myanmar has outlined a master plan for monetary development which is to be implemented with the assistance of the World Bank, official media reported Friday.Under the ... Read more...
Posted in Uncategorized |
China’s Baidu posts $326 million profit in Q4
February 18th, 2012 - 11:02 pm ICT by IANS
Beijing, Feb 18 (IANS) China's largest search engine site Baidu's profits surged by 77 percent to 2.05 billion yuan ($326.3 million) in the fourth quarter of last year.Baidu, which has ... Read more...
Posted in Business |
Mamata wants Hong Kong style ‘financial district’ in Goa
February 6th, 2012 - 12:34 pm ICT by IANS
Panaji, Feb 6 (IANS) West Bengal Chief Minister Mamata Banerjee may be opposed to special economic zones (SEZ) as well as foreign investment in civil aviation and retail, but ... Read more...
Posted in Politics |
Facebook files for $5 bn IPO
February 2nd, 2012 - 3:08 pm ICT by IANS
Washington, Feb 2 (IANS/RIA Novosti) Facebook has filed for an initial public offering (IPO) to raise at least $5 billion for the world's largest social network, according to documents ... Read more...
Posted in Business |
Pakistanis held in Britain for plotting another 9/11
September 27th, 2011 - 8:30 pm ICT by IANS
London, Sep 27 (IANS) A six-member gang of suspected Pakistani-origin suicide bombers have been arrested for plotting a terror attack in Britain similar to 9/11, police said.However, no specific targets ... Read more...
Posted in World |
As a student I wasn’t very studious, says Pakistan PM
September 2nd, 2011 - 3:53 pm ICT by IANS
Islamabad, Sep 2 (IANS) Prime Minister Yousuf Raza Gilani has admitted that he was "not very studious" when he was a student.Talking to a group of youngsters in a ... Read more...
Posted in Uncategorized |
Three Pakistani ex-generals face probe for Rs.1.82 bn loss
July 2nd, 2011 - 1:50 pm ICT by IANS
Islamabad, July 2 (IANS) A Pakistani parliamentary watchdog has formally held responsible three retired army generals for a loss of Rs.1.82 billion to the public exchequer, a media report said.The ... Read more...
Posted in South Asia |
Three ex-generals face probe for corruption
June 26th, 2011 - 10:36 pm ICT by IANS
Islamabad, June 26 (IANS) Three retired Pakistani generals are facing a probe for corruption. The Dawn said Sunday that such an investigation was taking place for the first time in ... Read more...
Posted in South Asia |
American billionaireset to take over Gunners
April 11th, 2011 - 2:37 pm ICT by ANI
London, Apr.11 (ANI): American billionaire Stan Kroenke is set to acquire a majority stake in Arsenal.He is already the largest shareholder, having compiled more than 29 per cent, and has now ... Read more...
Posted in Sports |
IT department freezes accounts of Mahindra Satyam (Lead)
March 22nd, 2011 - 11:49 pm ICT by IANS
Hyderabad, March 22 (IANS) The Income Tax department Tuesday froze the bank accounts of Mahindra Satyam after the software firm failed to pay a tax demand of Rs.616 crore ... Read more...
Posted in Business |
Seychelles to get stock exchange this year
March 15th, 2011 - 1:12 pm ICT by IANS
Victoria (Seychelles), March 15 (IANS) The financial system of the Seychelles - an island nation in the Indian Ocean - which presently is bank-based, will get a boost by the ... Read more...
Posted in Business |
Previous JPCs and whether they worked (To go with ‘Will JPC on 2G spectrum work? Debate is on’)
March 2nd, 2011 - 6:40 pm ICT by IANS
New Delhi, March 2 (IANS) The joint parliamentary committee (JPC) on the 2G spectrum allocation will be the fifth one in India's history and is expected to submit its report ... Read more...
Posted in Politics |
Egypt’s credit rating downgraded (Lead)
February 5th, 2011 - 6:28 pm ICT by IANS
Cairo, Feb 5 (IANS) Egypt's credit rating and economic outlook have been downgraded by rating agencies due to the ongoing political unrest. Credit Agricole bank revised downward its growth forecast for Egypt ... Read more...
Posted in Business |
Nalco issues bonus shares opting stock spilt
February 2nd, 2011 - 7:57 pm ICT by IANS
Bhubaneswar, Feb 2 (IANS) For the first time, the Orissa government-run National Aluminium Company Limited (Nalco) has decided to go for capital restructuring by splitting a share of Rs.10 into two shares ... Read more...
Posted in Business |
‘Lot of acquisition’ for Fortis in 2011
January 10th, 2011 - 2:06 pm ICT by IANS
Kolkata, Jan 10 (IANS) Fortis Group's overseas arm Fortis Global Healthcare will focus on Asia, Australia and the Middle East as it eyes "a lot of acquisition" this year, its promoter Malvinder ... Read more...
Posted in Business |
Citi banker accused of Rs.300 crore fraud gets six-day police remand
January 6th, 2011 - 6:18 pm ICT by IANS
Gurgaon, Jan 6 (IANS) Citibank manager Shivraj Puri, accused of masterminding a Rs.300 crore fraud, was handed a six-day police remand Thursday. "Puri was produced in court and he has been remanded ... Read more...
Posted in Uncategorized |
US envoy asks Pakistan to check corruption
December 7th, 2010 - 12:37 am ICT by IANS
By Awais Saleem
Islamabad, Dec 6 (IANS) The new US ambassador to Pakistan, Cameron Munter, said Monday the country will not be able to attract foreign investment unless and until it is able ... Read more...
Posted in South Asia |
Top Australian entrepreneur detained in China over ‘embezzlement’ charges
November 26th, 2010 - 1:09 pm ICT by ANI
Guangzhou (China), Nov 26(ANI): A leading Australian businessmen in China has been detained in Guangzhou on suspicion of embezzlement after a reported dispute with his Chinese business partner.Guangzhou police have not ... Read more...
Posted in South Asia |
ICAI inks pact with United Stock Exchange for training
October 7th, 2010 - 9:32 pm ICT by IANS
New Delhi, Oct 7 (IANS) The Institute of Chartered Accountants of India (ICAI) has signed an agreement with United Stock Exchange for training in currency derivatives. As part of memorandum of understanding ... Read more...
Posted in Business |
Investigation Report: Wall Street Flash crash triggered by a computer
October 3rd, 2010 - 8:25 pm ICT by Aishwarya Bhatt
Oct 3 (THAINDIAN NEWS) On May 6, Wall Street experienced what has been termed the flash crash in which New York’s Dow Jones Index declined 700 points within just a couple ... Read more...
Posted in Business |
PNB JV’s merger bid in Nepal bounces
September 24th, 2010 - 5:36 pm ICT by IANS
By Sudeshna Sarkar
Kathmandu, Sep 24 (IANS) The bid by Indian public sector Punjab National Bank (PNB)'s joint venture in Nepal, Everest Bank Ltd (EBL), to merge with another Nepali bank ... Read more...
Posted in Business |
Jaipur Stock Exchange suspends trading in BoR scrip
August 18th, 2010 - 9:53 pm ICT by IANS
Chennai, Aug 18 (IANS) The Jaipur Stock Exchange (JSE) Wednesday suspended trading in shares of Bank of Rajasthan (BOR) with immediate effect for violation of listing agreement, Securities Contract (Regulation) Act and ... Read more...
Posted in Business |
Hugh Hefner going private with Playboy
August 2nd, 2010 - 8:10 pm ICT by Aishwarya Bhatt
New York, Aug 2 (THAINDIAN NEWS) Hugh Hefner, who is the brain behind Playboy Enterprises is hoping to gain 100 percent control of the company, which he had placed on the ... Read more...
Posted in Business, Entertainment |
World’s mining sector is back to booming
May 26th, 2010 - 1:33 pm ICT by IANS
Toronto, May 26 (IANS) The world's mining sector is back to booming, according to a report by PricewaterhouseCoopers (PwC) here Tuesday. The annual report, Mine: Back to the Boom, on the ... Read more...
Posted in Business |
Death toll from Bangkok military operation on “red shirts” reaches 15
May 19th, 2010 - 11:24 pm ICT by BNO News
BANGKOK (BNO NEWS) -- At least 15 people were killed and more than 60 injured on Wednesday in the military operation to reclaim part of the area occuped by "red shirt" protesters ... Read more...
Posted in Thailand |
Dozens trapped in Bangkok televison station blaze
May 19th, 2010 - 6:47 pm ICT by ANI
Bangkok (Thailand), May 19 (ANI): Protesters have set fire to the offices of a TV station in Bangkok, trapping 100 people inside, officials say.
According to Sky News, other parts of the city ... Read more...
ACC net dips for March-end quarter
April 22nd, 2010 - 4:40 pm ICT by IANS
Mumbai, April 22 (IANS) Cement major ACC Thursday reported a drop in net profits for the quarter ended March 31 and attributed the under performance to non-availability of railway wagons.
ACC follows a ... Read more...
Posted in Business |
Dubai stocks jump on $9.5 bn bail-out for Dubai World
March 25th, 2010 - 8:13 pm ICT by IANS
Dubai, March 25 (DPA) Dubai's main stock market index jumped nearly 3.5 percent Thursday morning, following the government's announcement it would extend $9.5 billion in new aid to troubled giant Dubai World.
The ... Read more...
Posted in Business |
Four public sector majors to become ‘Maharatna’ soon
February 18th, 2010 - 11:36 pm ICT by IANS
Kolkata, Feb 18 (IANS) Public sector majors Indian Oil Corporation (IOL), Oil and Natural Gas Corporation (ONGC), Steel Authority of India Limited (SAIL) and National Thermal Power Corporation (NTPC) are likely to ... Read more...
Posted in Business |
‘Heavy Engineering Corporation to be listed, become Navratna’
February 13th, 2010 - 5:58 pm ICT by IANS
Ranchi, Feb 13 (IANS) Heavy Engineering Corporation (HEC), a public sector firm based here, will become a Navratna company and get listed on a stock exchange, union Heavy Industries Minister Vilasrao Deshmukh ... Read more...
Posted in Business |
NASDAQ honours Bollywood, Shah Rukh, Kajol ring opening bell (Second Lead)
February 2nd, 2010 - 6:44 pm ICT by IANS
New York, Feb 2 (IANS) "King of Bollywood" Shah Rukh Khan and Kajol, his co-star in many a hit Hindi film, became the first Indian actors to ring the opening bell ... Read more...
Posted in Entertainment |
IPL row unhealthy, undemocratic, insensitive, says SRK
February 2nd, 2010 - 6:13 pm ICT by IANS
New York, Feb 2 (IANS) Bollywood superstar Shah Rukh Khan, who is facing the Shiv Sena's ire over his comment for inclusion of Pakistani players in the Indian Premier League (IPL), ... Read more...
Posted in Entertainment |