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Highlights from Bernanke's taper-announcement conference
If inflation does not show signs of returning to target, the US Federal Reserve will take appropriate action.
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Floor price need not be stipulated in gas pricing: Moily
Oil Ministerr Veerappa Moily says cap/Floor price need not be stipulated in gas pricing.
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Auto cos yet to walk the talk on CSR spending
Though the provision in the newly enacted Companies Act will only kick-in from April 1, 2014, it means that companies from MM, Maruti Suzuki to Hero MotoCorp would have to significantly ramp up their...
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RIL gas price hike will help industry more than co: ONGC
R S Sharma, former chairman, ONGC says the governmentâs move is logical and practical, keeping in mind the fact that the case is was under arbitration and that retrospective recovery from consumers...
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7th big exit at Infosys since June
Itâs the 7th big exit at Infosys since Juneâ¦. Subrahmanyam (Subu) Goparaju, member of the executive council head of Infosys labs has put in his papers. Kritika Saxena gets us the details.
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RIL gas pricing: Govt decision pragmatic says SC Tripathi
Former Oil Secretary, SC Tripathi feels the decision taken by the cabinet to allow RIL to hike gas price was pragmatic and fair.
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Here's Keneth Rogoff's take on US Fed's QE taper
The Fed decided on Wednesday to trim its bond buying by USD 10 billion to USD 75 billion a month as a modest step and one the US economy could well withstand. Crucially, the US central bank softened...
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COMPAT issues notice to CCI, Jet Airways on Etihad deal
The COMPAT has also issued a notice to the Competition Commission of India (CCI) and Jet Airways seeking an explanation as to what were the grounds on which this deal was cleared.
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Higher gas price for RIL good news but unfortunate: Taneja
It is more important for the government to create an eco-system in the country wherein companies can come and invest and are given the freedom to concentrate more on exploration and production of gas...
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Liquidity into EMs equities to continue post taper: Experts
Arnab Das, Arnab Capital said Fed Chairman Bernanke had earlier also indicated that the trimming of asset purchases would be data dependent and so the pace of asset purchases could either be lowered...
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CCEA okays higher gas price for RIL but with riders
The bank guarantee, which will be equivalent to the incremental revenue that RIL will get from the new gas price, will be encashed if it is proved that the company hoarded gas or deliberately...
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Infosys Exodus: Head of Labs Subrahmanyam Goparaju resigns
Fondly referred to as Subu, Goparaju had been at Infosys since 25 years and was currently serving as the Head of Infosys Labs, responsible for the companyâs research and development facilities and...
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CCI slaps penalty of Rs 1cr on Etihad for Sec 43A violation
This penalty, worth Rs 1 crore, is primarily for implementing part of the commercial agreement with Jet Airways even before the CCIâs approval came in.
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Power Grid lists fresh equity
On Wednesday, the scrip had closed at Rs 100.10. Recouping losses, the scrip was trading almost flat at Rs 100 in the afternoon session. On NSE too, the share touched a low of Rs 96.25 in the morning...
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Fuel deregulation reversal will give wrong signals: Parikh
Such a reversal would highlight the fickleness of Indian policies, adds Kirit Parikh, head, fuel pricing panel.
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Why BNP Paribas lawyer feels K'taka HC order is correct
Fereshte Sethna, lawyer representing BNP Paribas, one of the creditors that won the decision in Karnataka HC today, which declared that the share sale of United Spirits Ltd (USL) to Diageo by United...
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Other industries feel the heat of sand mining ban in TN
As the cost of sand touches all-time-highs due to a shortage in the state, the construction sector has almost come to a standstill and commercial vehicles are waiting by the wayside.
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Sebi issues show-cause notice against FTIL
While the FTIL has alleged that FMC has violated principles of natural justice arriving at the conclusion of guilt without any trial, it will still have to contend with the FMC order which came out a...
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Diageo to appeal against Karnataka High Court order
Diageo essentially does not want to get dragged into a dispute arising out of the Kingfisher mess.
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Arvind Bothra positive on Aurobindo Pharma
Arvind Bothra, vice president of institutional research at Religare Capital Markets is positive on Aurobindo Pharma. "Its US business is continuing to do exceedingly well, both on execution of product...
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