ibnlive.com
Preity's KPH Dream Cricket posts Rs 35.26 cr loss
As franchisees gear up for the next IPL season, Bollywood actress Preity Zinta co-owned KPH Dream Cricket Private Ltd continues to be a loss making venture, with accumulated losses of Rs 68.08 crore in 2010-11 from three IPLs already held. KPH Dream, which owns IPL franchisee outfit Kings XI Punjab, recorded accumulated losses of Rs 32.82 crore in 2009-10. | | |
SpiceJet not to hike fare despite Rs 39-cr loss
Despite reporting nearly Rs 40-crore loss in the December quarter due to a 90 per cent spike in fuel costs, no-frills carrier SpiceJet on Monday ruled out increasing fares. | | |
Sibal-Norwegian IT minister meeting on the cards
Telecom Minister Kapil Sibal on Monday indicated that a meeting with Norwegian IT Minister Rigmor Aasrud is on the cards, in the backdrop of the Supreme Court order cancelling 122 2G licences. | | |
Government may auction 5 pc stake in ONGC
The Government may auction 5 per cent stake in Oil and Natural Gas Corp, the nation's biggest energy explorer, to raise about Rs 12,000 crore. | | |
Budget session schedule to be decided on Tuesday
Schedule for the Budget session of Parliament will be decided on Tuesday amidst indications that the Union Budget 2012-13 may be presented around the middle of March. | | |
Europcar selects TCS as IT partner in France
Country's biggest software services firm Tata Consultancy Services (TCS) on Monday said it has signed a multi-year, multi-million euro contract with European car rental company Europcar for deployment of IT services in France. | | |
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Healthcare can provide massive jobs: Prathap Reddy The healthcare industry needs proper regulation to stimulate investments . There should be unhindered growth in this sector that could provide massive employment, according to Prathap C Reddy, Ch... | | |
Dhanlaxmi Bank MD resigns Amitabh Chaturvedi, Managing Director and Chief Executive Officer of Thrissur-based Dhanlaxmi Bank, on Monday resigned, reportedly after serious differences of opinion with the board of directors. | | |
TCS inks deal with Europcar Tata Consultancy Services (TCS) has signed a multi-year, multi-million euro contract with Europcar, the car rental leader in Europe. Europcar Information Services (EIS), Europcar's IT subsi... | | |
Gamesa India launches 2 MW wind turbine Gamesa India launched G97-2 MW wind turbines in India. It launched the G97 in the global market last year and has secured contracts to supply 356 MW worldwide.Union Minister for New and Re... | | |
Vodafone stake buy only for short-term gain: Ajay Piramal The Piramal Group's decision to double its stake to 11 per cent in Vodafone India Ltd. (VIL) is to maximise its return on investment in the short-term. Addressing the media here on Monday,... | | |
Gokarn pitches for fiscal consolidation Reserve Bank of India Deputy Governor Subir Gokarn on Monday pitched for serious measures aimed at fiscal consolidation as it was an essential step for spurring growth. ?We can't discount t... | | |
TimesOfIndia
Iran sets deadline for Indian oil companies In a strategic move to force India?s hands, Iran has set a month?s deadline for a consortium of Indian state-run oil companies to sign the contract for bringing to production a gas field discovered in the Persian Gulf in 2006
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M&M readies bid for bankrupt Saab Mahindra & Mahindra (M&M ), which is among the four companies to show interest in Swedish automaker Saab, has signed a confidentiality agreement with the bankrupt company and is in the process of finalizing its bid.
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Manappuram raising deposits illegally: RBI The Reserve Bank of India (RBI) has issued a warning to the general public against placing deposits with Manappuram Finance or a group company.
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India?s stable rating faces risk: S&P India?s stable rating outlook faces some challenges due to high inflation, weak fiscal position and slower economic growth, a report by global ratings agency Standard & Poor?s cautioned on Monday.
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China?s iron ore demand to continue for decades Industry insiders project that China will continue to look outwards for the next few decades to meet its iron ore demand.
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Gold drops on lower buying interest Gold prices eased further at the bullion market on Monday on lack of local buying interest amidst subdued stockist and investor demand on the back of bearish European cues.
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MoneyControl
Budget session schedule to be decided on Tuesday
Schedule for the Budget session of Parliament will be decided on Tuesday amidst indications that the Union Budget 2012-13 may be presented around the middle of March. | | |
What may have led to Dhanlaxmi Bank CEO's resignation?
Thrissur-based Dhanlaxmi Bank's chief executive officer Amitabh Chaturvedi who had joined the old generation lender in 2008 with a mandate to improve skill sets on Monday put in papers. The bank today is counted among the new generation lenders. | | |
Tax exemption limit may be increased to Rs 2 lakh in Budget
The government is likely to provide some relief to individual income tax payers in the forthcoming Budget by raising the exemption limit to Rs 2 lakh, as provided in the Direct Taxes Code (DTC), and hiking the slabs for different tax brackets. | | |
Competition Policy by March: Govt
The government today said it would be ready with the Competition Policy by March, 2012 and hopes the new regime would bring down prices of various products. | | |
Tata Tele to seek review of licence cancellation order
Tata Teleservices Ltd will file a review petition in the Supreme Court against an order by the court to cancel three of the company's zonal telecoms licences, it said on Monday. | | |
India, Mauritius to sign agreements
India and Mauritius will hold wide-ranging discussions tomorrow with a focus on ramping up cooperation in the field of economy and security besides inking a number of agreements. | | |
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