Rediff
Indian shares seen flat to higher; Bharti in focus
Reuters India
MUMBAI, Dec 17 (Reuters) - Indian shares are expected to tread water early on Thursday, with no clear direction from mixed Asian markets. Shares in leading telecom firm Bharti Airtel (BRTI.BO: Quote, Profile, Research) will be in focus after an ...
Indian shares slip early, Bharti dropsReuters
Bharti now dials Bangladesh's WaridEconomic Times
Bharti seeks control of Bangla operatorCalcutta Telegraph
Indian Express -Moneycontrol.com -Bloomberg
all 133 news articles »

Rediff
Orchid Chemicals to retire $260 mn in short-term debts
Economic Times
CHENNAI: Orchid Chemicals and Pharmaceuticals, which sold off its generic injectable pharma business to US-based diversified healthcare group Hospira for a consideration of $400 mn, plans to use the funds to retire its debt and pursue new growth ...
Orchid's sale of injectables gets thumbs-own from investorsBusiness Standard
Orchid to pay debt; promoter to hike stakeTimes of India
Orchid sells core biz for $400 m; will use funds to repay debtFinancial Express
Livemint -Myiris.com -Moneycontrol.com
all 126 news articles »

SamayLive
Rupee hits one-week as dlr climbs abroad
Economic Times
MUMBAI: The rupee weakened to a one-week low on Thursday as the dollar climbed overseas on the back of optimism about the US economy, but a big corporate cashed in dollars and limited the Indian unit's drop. At 11:12 am (0512 GMT), the partially ...
India copper opens weak as firm dollar weighsReuters India
India to Use Rupee to Tackle Inflation 'Problem,' ABN Amro SaysBloomberg
Rupee down by 14 paise at 46.81 in early tradePress Trust of India
Economic Times -Economic Times -Bloomberg
all 99 news articles »

Rediff
See stock markets trading 9am-5pm soon: Experts
Moneycontrol.com
Starting December 18, both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will start trading at 9 am. It all started when the BSE extended trading by 10 extra minutes, opening at 9:45 am instead of 9:55 am that happened yesterday ...
Trading on BSE, NSE to start at 9 am from FridayEconomic Times
RPT-UPDATE 1-Indian bourses to open at 9 am from Dec 18Reuters
NSE, BSE to open at 9 am from FridayBusiness Standard
Financial Express -Calcutta Telegraph -Hindu Business Line
all 107 news articles »

India's Sensex Index Fluctuates; DLF Declines as Wipro Gains
Bloomberg
By Rajhkumar K Shaaw Dec. 17 (Bloomberg) -- India's benchmark stock index swung between gains and losses. DLF Ltd. fell while Wipro Ltd. gained. DLF, the biggest developer, fell 3 percent after saying it will list a real estate investment trust when ...
Indian stocks set for slower rise in 2010Economic Times
Indian banks raise 14.85 bln rupees via CDsReuters India
Indian shares edge down; banks fall, Infosys upReuters
Bloomberg -Economic Times -Reuters India
all 79 news articles »

Bhushan Steel to increase prices in January
SteelGuru
Indian steel major Bhushan Steel Limited said that it will increase prices of its products by up to INR 1500 a tonne next month to cash in on the up tick in demand. Mr Neeraj Singal MD of BSL told reporters that "There is going to be a price increase ...
Sumitomo to buy minority stake in Bhushan Steel's Bengal projectEconomic Times
Bhushan Steel inks production, sales pact with SumitomoMoneycontrol.com
Sumitomo to pick up to 40% in Bhushan's Bengal steel plantFinancial Express
Calcutta Telegraph -Business Standard -Reuters
all 37 news articles »

Best Syndication
HC says no to entry of foreign law firms
Times of India
MUMBAI: Foreign law firms have finally got a firm no-entry sign for India. Almost 15 years after the RBI permitted three foreign law firms to set up shop in India, the Bombay high court on Wednesday said the decision of the bank was unjustified under ...
Bombay HC says foreign law firm liaison offices not allowedMoneycontrol.com
'Advocates Act applies to non-litigious work by foreign firms'Indian Express
Foreign law firms must follow Indian norms or stop practice: Bombay HCDaily News & Analysis
Press Trust of India -The Am Law Daily -Best Syndication
all 10 news articles »

Multichannel News
Time Warner to Purchase India's NDTV Imagine for $126.5 Million
Bloomberg
Dec. 17 (Bloomberg) -- Time Warner Inc., owner of the HBO and CNN television networks, agreed to pay $126.5 million for India's NDTV Imagine Ltd., operator of a Hindi entertainment channel, to increase its international programming. ...
Time Warner Buys 92% Stake In NDTV ImagineVC Circle
Time Warner to acquire NDTV ImagineReuters
Time Warner To Buy India's NDTV Imagine For $126.5M >TWXWall Street Journal
Financial Times -Los Angeles Times -ABC News
all 83 news articles »

The Hindu
IIMs to stick with online CAT, plan re-test in mid-Jan
Times of India
NEW DELHI: Despite a demand by HRD secretary Vibha Puri Das to IIM directors to explain the causes of disruption of online CAT and steps taken to remove the problems, IIMs have decided to go ahead with the online test. "IIMs have decided to continue ...
IIMs rule out written CAT retestEconomic Times
CAT-2009 not to be held afreshDaily News & Analysis
Computerised CAT to continue, but contract under reviewBusiness Standard
Calcutta Telegraph -Financial Express -Indian Express
all 162 news articles »

The Hindu
DLF's debt to rise Rs 2200 cr on arm's integration
Moneycontrol.com
Real estate company DLF's over all debt will go up by Rs 2200 crore as a result of integration of its wholly-owned subsidiary DLF Cyber City Developers Ltd with Caraf Builders & Constructions (a KP Singh company that owns DLF Assets Ltd). ...
DLF investors to gain from Caraf, Cybercity integrationFinancial Express
DLF to list DAL separately once mkt conditions are rightEconomic Times
DLF eyes better cash flow by biz integrationBusiness Standard
Daily News & Analysis -Reuters -Daily News & Analysis
all 58 news articles »

The Bombay Stock Exchange benchmark Sensex today fell by over 63 points to 16,849.59 in opening trade on fresh capital outflows by foreign funds, triggered by weak global markets.

The fund manager's view that the global technology sector was rapidly dividing into newer, emerging investments and older, fading stocks enabled it to post a strong first-half performance

The Indian rupee today depreciated by 14 paise against the US dollar in early trade amid hopes of capital outflows and a rise in the American currency in the overseas market.

Tirupur’s over $2 billion knitwear industry has invited bids from top tech firms to develop and host an enterprise resource planning (ERP) software. Tirupur’s knitwear industry invites bids for ERP softwareTirupur’s knitwear industry invites bids for ERP software

Wellcome Trust's chief investment officer says the proposed rules would restrict the ability of Britain's biggest charity to invest in non-EU based hedge funds and private equity funds

Less than 6 months after Wockhardt Hospitals sealed a deal with Fortis to sell 10 hospitals for Rs 909 crore, their relationship with Hyderabad-based Kamineni Hospitals group seems to be headed for splitsville.

Insurers are planning to introduce a new product to help companies limit the financial fall-out when their brands or high-profile spokesmen such as Tiger Woods suffer reputational damage

Deutsche Bank has emerged as a key bidder for RBS Sempra, the commodities business of the troubled UK bank, in a deal that would cement the German group's expansion into commodities

Joe Lewis, Mitchells & Butler's largest shareholder, puts forward names for seats on the board after his previous representatives were ousted

France Telecom and Deutsche Telekom are pressing for regulators in Brussels rather than London to scrutinise the proposed merger of their UK mobile phone businesses