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GMR Group said on Sunday it has agreed to divest its 50 per cent stake in US-based power utility InterGen to China Huaneng Group for $1.23 billion. read full article »

Obviously taking a cue from the success story scripted by Nitish Kumar in Bihar, Uttar Pradesh Chief Minister Mayawati has visibly shifted her focus to the hard issue of governance. read full article »

IPL IV: Sachin, Dhoni's base price Rs 1.84 crore, Sourav's Rs 92 lakhCricketers who will command the highest base price are Sachin Tendulkar, Mahendra Singh Dhoni, Virender Sehwag, Harbhajan Singh and Yuvraj Singh. read full article »

IPL IV: Sachin, Dhoni's base price 1.84 crore, Sourav for 92 lakhCricketers who will command the highest base price are Sachin Tendulkar, Mahendra Singh Dhoni, Virender Sehwag, Harbhajan Singh and Yuvraj Singh. read full article »

VC firm Canaan Partners to invest $120mn in Indian IT cosCanaan Partners said the company has invested a total of $30 million in two companies in the current year and is in talks with a few more firms for investment. read full article »

CIL, RIL past week's biggest mkt-cap losersThe m-cap of seven of the country's top-10 cos diminished by Rs 49,445 cr during the past week, with Coal India and Reliance Industries losing the most. read full article »

Virat Kohli's 105 and Yuvraj Singh's (42, 3/43) all-round performance propelled India to an emphatic 40-run victory over New Zealand in the first ODI at Guwahati on Sunday. read full article »

European ministers are expected to sign off on an 85 billion euro rescue for Ireland on Sunday, making it the second euro zone country to receive a bailout in Europe's crippling debt crisis. read full article »

A war of words has erupted among second rung leaders of the two ruling alliance partners in Jammu and Kashmir with an NC MLA criticising the role of Congress on the Kashmir issue. read full article »

The European Union, European Central Bank and the IMF have concluded negotiations with Irish authorities on a bailout and the deal is ready to be signed off by EU finance ministers. read full article »

A senior Dubai fiscal planner says he doesn't foresee the need for another debt bailout by the sheikdom's oil-rich neighbor Abu Dhabi. read full article »

Seven big corruption scandals that rocked IndiaIndia, 87th in Transparency International's rankings based on perceived levels of corruption, is no stranger to scandals. read full article »

Asia's property markets are set for a continuous drip feed of tighter regulations in coming months as authorities try to take the froth out of surging home prices. read full article »

Case pertaining to the theft of key documents in Adarsh Housing Society scam was today transferred to the Mumbai Crime Branch due to seriousness of the issue. read full article »

The Home ministry is considering the terms of reference, perks and privileges of the three-member group of interlocutors on Jammu and Kashmir, set up by the Centre in October. read full article »

The Home ministry is considering the terms of reference, perks and privileges of the three-member group of interlocutors on Jammu and Kashmir, set up by the Centre in October. read full article »

The record price of cotton is causing havoc for producers -- and the pain will pass down the chain to buyers in developed countries, analysts say. read full article »

Indian bourses make lower profits than most major global peersAn analysis of financials of leading stock exchanges across the world shows that the profits of Indian bourses are among the lowest. read full article »

The US on late Saturday rejected talks with WikiLeaks over its planned release of confidential US documents. read full article »

RIL ranked 20th in list of world's largest chemical firmsReliance Industries has been named among the world's top 20 chemical companies in a global ranking, which sees it jumping to the top tier soon. read full article »

Construction of over 23,000 km of good quality new roads in Bihar in the last five years was an important factor that helped Nitish Kumar return to power with a thumping majority in the state. read full article »

Australian carrier Qantas, beset by a series of incidents, grounded another Boeing 747 after an engine failure. read full article »

Keen to act as a "bridge" between developing and developed nations at the UN climate summit in Cancun beginning tomorrow, India has offered two proposals. read full article »

Navy Chief Admiral Nirmal Verma has said all wrongdoers in the episode will be brought to justice and the government was taking requisite steps in this regard. read full article »

Navy Chief Admiral Nirmal Verma has said all wrongdoers in the episode will be brought to justice and the government was taking requisite steps in this regard. read full article »

Lalu's former close aides are rejoicing, saying the RJD chief had scripted his own fall by focussing on his family at the cost of colleagues and common people. read full article »

Outsourced software product development (OPD) firm, Persistent Systems, is looking for an $ 10-15 million overseas acquisition, preferably in North America, a top company official said. read full article »

Companies seeking exemption from disclosure norms before tapping the capital market can only do so with the prior consent of SEBI. read full article »

Driven by a strong domestic demand from the automobile, infrastructure and other allied sectors, steel prices are likely to increase by USD 25-30 per tonne. read full article »

High inflation and input cost are inhibiting manufacturing sector growth, even as performance of the segment, contributing over 80 per cent in industrial output, improved in the first half of 2010-11 over the same period last year, a CII ASCON survey said. read full article »

In the wake of various financial frauds, including the Rs 14,000 crore Satyam scam, the Government is planning to set up an authority to compensate duped investors by recouping money from fraudsters. read full article »

The US has refused to enter talks with the whistle-blower website WikiLeaks over its planned release of millions of classified documents. read full article »

Guesswork on size of black money may end, Govt plans studyAfter a gap of 25 years, the government has set the ball rolling again for estimating black money in India as well as the causes of its generation. read full article »

Despite apprehensions about companies conforming to IFRS when declaring their earnings, experts in the field of merger and acquisition feel the switchover would bring in more transparency and boost M&A activity. read full article »

An eventual restructuring of some eurozone debt and big changes in the how the European Union and eurozone functions are now seen as probable and even inevitable. read full article »

I-T dept introduces new number for taxpayers for tax filingTaxpayers will now have to procure a 'new number' for filing returns and making any communication with the Income Tax department. read full article »

Indian stocks trading on American bourses lost over $2 billion last week, with the private sector lender ICICI Bank losing the most. read full article »

Sensex likely to bounce back; may regain 19,500-mark: ExpertsSensex is likely to rebound in the coming week with a gain of 350-400 points on stock-specific buying, feel marketmen. read full article »

US authorities have shut down dozens of websites offering counterfeit goods and pirated music, five months after a crackdown on sites offering movie downloads. read full article »

Union urban development minister and senior Andhra leader S Jaipal Reddy lashed out at Congress MP YS Jaganmohan Reddy on Saturday saying he was violating party discipline with his channel telecasting programmes criticising Congress high command. read full article »

South Korea?s Marine commander on Saturday vowed ?thousand-fold? revenge for a North Korean attack that killed two servicemen as protesters demanded tougher action by the government against its reclusive neighbour. read full article »

Apple?s Mac Air, MS? Kinect, Google?s Cloud Connect offer three bags full of pleasant surprises for tech-lovers. read full article »

Khandani eateries are changing tack & tastes to add a new twist to the fast-changing Indian restaurant scene. read full article »

China Huaneng Group, the nation?s biggest electricity producer, agreed to buy a 50% stake in Massachusetts based power utility InterGen for about $1.2 billion, said two people with knowledge of the matter. read full article »

Meet the banker who would rather use a paintbrush than juggling GDP statistics. read full article »

It is never easy to plunge into buying during market corrections. Srikala Bhashyam has some tips to help you do so read full article »

Should one go after the beaten-down stocks in sectors such as real estate or stick to fundamentally-strong companies? read full article »

Canadian Filmmaker Jay Bajaj said there are no takers in India for his documentary 'The Man Who Saved Taj Mahal' which highlights contribution of environmental activist M C Mehta and his fight to save the monument from environmental degradation. read full article »

Four months after TOI first exposed the Cidco land scam in Navi Mumbai, a state government-appointed inquiry committee has recommended cancellation of a 12-acre hotel plot allotted to Pune-based builder Avinash Bhosale in 2008. read full article »

Despite the prospects of logjam in Parliament over the 2G Spectrum allocation scam next week, the government remains set against a joint parliamentary committee (JPC) to probe the fiddle as it continues to apprehend a long-drawn ?political? inquiry. read full article »