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RBI will not be able to kick start the economy: Deosthalee

YM Deosthalee, chairman and managing director of LT Finance Holdings says CRR cut was the right step. "RBI will not be able to kick start the economy."

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CERC, Power Ministry lock horns

The Power Ministry wants to make power projects more attractive. So, it has come up with a proposal to tweak the power-project allocation guidelines that will reduce the risk borne by power generation...

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Worries rise for UB Group as fake invites circulated

UB Group finds itself in a controversy, not of its making. A bogus press invite sent under the guise of UB Group's PR team, inviting people for a press conference, to announce a "transformational...

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No CDMA auction: Govt may lose Rs 7000cr

With no takers for the auction of radio frequencies in the 800 mhz or CDMA band, the government faces a trying situation.

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No CDMA auction will lead to no discovery price: Auspi

Ashok Sud, secretary general, Auspi, says that CDMA reserve price should be lower than GSM reserve price and if it true that the Tata’s has opted out of the auction then there will be no auction...

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Obama vs Romney: Who will Indian IT cos prefer?

The global markets will be keenly watching US elections. The race for White House will go down to the wire says a poll prediction. Som Mittal, president, NASSCOM says, "Irrespective of who comes, I...

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Bombay HC's verdict: RComm escapes tax net on Rs 5600cr

Reliance Communications heaved a sigh of relief with a recent Bombay HC order that restrained the I-T department from taxing Rs 5600 crore of alleged income, reports CNBC-TV18's Ashmit Kumar.

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HSBC- Matters of Business: Focus on IT industry

This week, in Matter of Business, the focus is on that most global of Indian industries, the USD 100 billion Information Technology business

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Need to study sourcing clause before opening stores: Tesco

The UK-based retail giant Tesco today said it is looking at opening retail stores in India but it would have to first study the "unusual" sourcing conditions for FDI in multi-brand segment before...

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Indian IT cos cheer Obama's victory, but visa still a worry

In an interview to CNBC-TV18, S Gopalakrishnan, co-founder and executive co-chairman of Infosys and N Chandrasekaran, chief executive officer of TCS speack about what Obama's resounding victory means...

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Good day at mkt, unclear if Nifty breakout leads to impetus

The global markets appeared to be quite relaxed as Barack Obama won a second term in the White House. The Nifty broke past its near-term resistance and closed above 5,750.

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See stable pricing ahead; eyeing acquisitions: Cognizant

R Chandrasekaran, group chief executive-tech operations of Cognizant says pricing has been very stable in the last three or four quarters. "Pricing, overall, should be stable for us," he adds.

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Cognizant quarterly profit rises 22%

Cognizant Technology Solutions Corp reported a 22 percent rise in quarterly profit as revenue rose 18 percent.

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IBA, Bank Unions kick-start bipartite wage negotiations

The 10th bipartite wage negotiation between Bank Unions and Indian Bank's Association has kick-started. For the first time, unions are seeking a revision in pension, besides a 35% hike in wages.

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Why is Tulsian positive on realty stocks?

Reliance Capital and Purvankara posted their results today. While Reliance Capital made a profit of over Rs 400 crore including the sale of 26 percent of its asset management company, Purvankara...

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Indraprastha Gas may rally to Rs 345- 350: SP Tulsian

Indraprastha Gas may rally to Rs 345- 350, says SP Tulsian, sptulsian.com.

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Buying opportunity seen in Pantaloon Retail: Sukhani

Buying opportunity is seen in Pantaloon Retail, says Sudarshan Sukhani, s2analytics.com.

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Sun Pharma, Ranbaxy in strong uptrend: Sukhani

Sun Pharma and Ranbaxy are indicating strong uptrend, says Sudarshan Sukhani, s2analytics.com.

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SP Tulsian positive on Reliance Capital, Reliance Infra

SP Tulsian, sptulsian.com is positive on Reliance Capital and Reliance Infra. Both can give 5-8% returns.

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Buy JP Associates, Central Bank: Sukhani

Sudarshan Sukhani, s2analytics.com advice traders to buy JP Associates and Central Bank on dip.

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