Zee not to re-bid for cricket rights
ZEE Telefilms Ltd (ZTL) has decided not to re-bid for the rights to broadcast cricket matches played in India. "The board of directors in its meeting on September firmly decided against re-bidding," ZTL said in a press release issued here on ...
Rupee touches 2-month high, breaches 46
DESPITE the inflationary pressures in the economy, the rupee has appreciated by 35 paise against the dollar in the past couple of days. The rupee touched a two-month high on Tuesday breaching the 46 mark to close at 45.90/91. The domestic ...
Birla Corp gets CLB nod to conduct AGM today
BIRLA Corporation Ltd has been given the nod to hold its annual general meeting on Wednesday, by the Company Law Board's Principal Bench, comprising Mr S. Balasubramanian. Rejecting an appeal of the company's minority shareholders to adjourn the ...
Maruti shares take a knock over Suzuki Motor plans
THE Maruti Udyog stock slipped for the second consecutive day after parent company, Suzuki Motor Corporation, announced plans to set up a new car plant in the country through a separate joint venture. Maruti shares lost 6.34 per cent to close ...
Suzuki Motor Corp move: What's in store for Maruti Udyog?
WHY would Suzuki Motor Corporation (SMC) want to promote two new companies in India to establish a diesel engine and a new car assembly plant when it already has a 54 per cent subsidiary in Maruti Udyog? This is the question irking analysts and ...
Chidambaram wants household savers to become retail investors
THE Union Finance Minister, Mr P. Chidambaram, today underscored the need for more innovative practices on the lines of the tie-up between the Department of Posts and the UTI Mutual Fund to transform a large section of household savers in the ...
Societe Generale FDI plan cleared
THE Government on Tuesday approved France-based Societe Generale Asset Management's proposal to acquire stake in SBI Funds Management Pvt Ltd involving foreign direct investment (FDI) worth Rs 167.4 crore. The Finance Minister, Mr P. ...
Sensex makes gains for 8th successive day
THE positive run for the BSE Sensex continued for the eighth successive day, with the bellwether ending the day above 5,400 points. The Sensex closed for the day at 5,428.77 points, 31.31 points (or 0.58 per cent) higher than Monday's close. The ...
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