50,000 t Russian wheat shipment rejected
A 50,000-tonne Russian wheat consignment has been rejected by the State Trading Corporation (STC) as a higher percentage of "extraneous matter" was found in the cargo, according to a Chennai Port Trust official. The consignment is part of the ...
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RBI for monitoring hedge, private equity funds
A case was made by the RBI on Thursday for monitoring hedge funds and private equity funds currently dominating international financial markets, while being outside the purview of know your customer (KYC) norms. The lack of transparency in ...
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TRAI's 3G ruling favours CDMA: COAI
The war of letters between GSM and CDMA operators over the recommendations of the telecom regulator on third generation services has begun. The Cellular Operator's Association of India on Thursday fired the first salvo by terming the ...
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PE market may surge to $7 bn in 2010: Bain
The country's private equity market, which attracted $2.2 billion in investment capital last year, is set to reach at least $7 billion in 2010, a new study has found. Private equity investment in India was about $3.5 billion in the first half of ...
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Bharat Electronics on defence bet
An expanding market, courtesy higher expenditure on defence, is set to propel Bharat Electronics, say market men, adding that orders placed by civilian sources and export operations will also do their bit on this front. The company, which is ...
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OBC: Counting on operating costs
Oriental Bank of Commerce, analysts indicate, has lower operating costs compared to some of the other public-sector banks, a factor that is being seen to play a role in the days ahead. Low operating costs are believed to be providing room for ...
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Zenith Info: Betting on growth
The Zenith Infotech stock is again crawling back to its earlier high of Rs 325.35 on the BSE, following expectations in some quarters that the company's revenues will increase at a CAGR of 50-60 per cent over the two year period, fiscal 2006-08. ...
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