Economictimes

First Reported 6 hours ago - Updated 2 hours ago - 2 Documents

After Bharti Airtel, special auditors give clean chit to Idea’s accounts

NEW DELHI: After Bharti Airtel, government appointed special auditors have now given a clean chit to Idea Cellular stating that they have been unable to find any discrepancies in the books of the telco.In its 115-page report, Chhajed & Doshi, the special ... [Published 2 hours ago by Economictimes]

Entities: Idea Cellular Ltd, Bharti Airtel Ltd, Liability, Telecommunication

First Reported 4 hours ago - Updated 3 hours ago - 2 Documents

GDP set to jump fourfold to $4.5 trillion by 2020: Edelweiss

MUMBAI: India's gross domestic projection (GDP) is set to grow by four times over the next 10-years to Rs 205-trillion from Rs 53-trillion in FY 09, a report said."Driven by a nominal annual growth rate of 13 per cent, India's GDP is set to quadruple ... [Published 3 hours ago by Economictimes]

Entities: India, Edelweiss Capital Ltd, caste

First Reported 3 hours ago - Updated 3 hours ago - 2 Documents

Bombay Stock Exchange

EIL board to consider bonus issue

NEW DELHI: State-run Engineers India Ltd (EIL) on Wednesday said its board will meet on March 23 to consider the proposal for bonus issue and splitting of shares.The board will "consider the proposal for issue of bonus shares," EIL said in a filing to ... [Published 3 hours ago by Economictimes]

Entities: Engineers India Limited, Dividend, Bombay Stock Exchange, Gas Pipeline

First Reported 16 hours ago - Updated 6 hours ago - 8 Documents

Federal Reserve System

Sensex closes near 17500; PSU, pharma, metals up

MUMBAI: Equity indices extended gains from the previous session on Wednesday, as sentiments turned bullish after the US Federal Reserve and Bank of Japan maintained benchmark rates near zero. However, the broader markets pared most of intraday gains and ... [Published 7 hours ago by Economictimes]

Entities: Bovine Spongiform Encephalopathy, Sun Pharmaceuticals Ltd, Federal Reserve System

First Reported Mar 16 2010 - Updated 7 hours ago - 3 Documents

Abhishek Bachchan

Idea's 'paperless' ad lands in controversy

NEW DELHI: Mobile services operator Idea Cellular’s ‘use mobiles, save the planet’ campaign, starring Abhishek Bachchan, has landed in a controversy, with the Indian Paper Manufacturers’ Association (IPMA) dragging Idea Cellular to the Advertising Standards ... [Published 7 hours ago by Economictimes]

Entities: Idea Cellular Ltd, Mobilization, Abhishek Bachchan, JK Paper Limited, Ballarpur Inds Ltd

First Reported Mar 16 2010 - Updated 11 hours ago - 3 Documents

Go short in sugar, not fertiliser: Deepak Mohoni

ET NOW talks to Deepak Mohoni, Director, trendwatchindia.comFertiliser and sugar stocks - how would you play both the sectors right now? You are seeing a pickup in fertilisers, would you still go short in sugar?I would probably not go short in fertiliser ... [Published 11 hours ago by Economictimes]

Entities: Deepak Mohoni, Sugar, Fertiliser

First Reported Mar 16 2010 - Updated 14 hours ago - 3 Documents

OPEC

Oil gains ahead of OPEC meet

SINGAPORE: Oil prices extended gains in Asian trade on Wednesday lifted by a report showing improving demand in the US, the world's largest energy consumer, analysts said.New York's main contract, light sweet crude for April delivery gained 21 cents to ... [Published 14 hours ago by Economictimes]

Entities: OPEC, Gasoline, American Petroleum Institute, Light Sweet Crude Oil

First Reported Mar 16 2010 - Updated 16 hours ago - 3 Documents

'Shares may increase or decrease 20%'

SINGAPORE: , who coined the term “emerging markets,” said equities in developing nations are fairly valued and need a “breather” after last year’s record rally.Shares in emerging markets could decline or increase as much as 20% this year, van Agtmael, ... [Published 17 hours ago by Economictimes]

Entities: Emerging Markets, Qatar, Moscow Interbank Currency Exchange, Tadawul

First Reported Mar 16 2010 - Updated 12 hours ago - 3 Documents

Inflation may eat into growth: FM

NEW DELHI: Finance Minister Pranab Mukherjee on Tuesday expressed hope that the economy would soon return to a high growth trajectory , but cautioned that high inflation and heavy borrowings posed significant challenges. “We shall have to move towards ... [Published 19 hours ago by Economictimes]

Entities: Inflation, Pranab Mukherjee, Rajya Sabha

First Reported Mar 16 2010 - Updated 23 hours ago - 6 Documents

RIL shares jump 4% on BSE

MUMBAI: Shares of the country's most valued firm Reliance Industries (RIL) today jumped nearly 4 per cent on the , pushing the benchmark index to gain 218 points.The scrip, which opened on a positive note at Rs 1,030, settled the trade at Rs 1,066.80, ... [Published Mar 16 2010 by Economictimes]

Entities: Bovine Spongiform Encephalopathy, Rajesh Jain, Reliance Industries Ltd, Petrochemical

First Reported Mar 15 2010 - Updated Mar 16 2010 - 9 Documents

Inflation has touched uncomfortable levels: Rangarajan

CHENNAI: C Rangarajan, chairman of Prime Minister’s , on Tuesday expressed concern over rising inflation and said he is hopeful that the numbers will come down in a few months because of the decline in food prices.The annual inflation levels spiked to ... [Published Mar 16 2010 by Economictimes]

Entities: C. Rangarajan, Inflation, Madras, Chennai

First Reported Mar 15 2010 - Updated Mar 16 2010 - 4 Documents

European stock markets climb

LONDON: European stock markets advanced Tuesday after overnight gains on Wall Street, with investors awaiting the latest Federal Reserve monetary policy meeting and another crucial Brussels meeting on Greece.London's benchmark FTSE 100 index gained 0.38 ... [Published Mar 16 2010 by Economictimes]

Entities: Ben May, Federal Reserve System, Greece

Quotes

"Jesse's unrivalled experience in this industry makes him the best possible choice to take our wholesale businesses forward as we accelerate globalisation of our businesses" Nomura's Deputy President and COO Takumi Shibata said

India-origin Bhattal 1st foreigner to join Nomura board [Economictimes - 3 hours ago]

"There is no preparation on the IPO. Government has to take a decision. We haven't heard anything from the Department of Telecom" BSNL CMD Kuldeep Goyal said

No progress on BSNL stake sale; Pitroda says PSU needs time [Economictimes - 3 hours ago]

More Content

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GDP set to jump fourfold by 2020: Edelweiss [Economictimes - 4 hours ago]
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