Ex-workers might sue AIG over payouts »
on The Economic TimesSeveral former American International Group Inc employees might sue the insurer after it gave them less retention bonus money than they should have received, their lawyers said on Monday. read full article »
Ex-NY bank prez blamed of TARP fraud »
on The Economic TimesThe former president of privately-held Park Avenue Bank was arrested on allegations of fraud, including charges of making false statements in the failed bank's application for US government bailout funds. read full article »
Fiat, Chrysler strengthen their alliance »
on The Economic TimesFiat and Chrysler, which joined in an alliance last year, have taken another step toward tighter integration. read full article »
M&M to double equity with a 1:2 split »
on The Economic TimesMahindra & Mahindra today said it has got the approval of its shareholders go in for a stock split. read full article »
Pradip Overseas IPO subscribed 14 times »
on The Economic TimesHome linen products maker Pradip Overseas' initial public offer (IPO) has received good demand from investors and has got subscribed over 14 times at the end of the issue on Monday. read full article »
United Bank of India to list on March 18 »
on The Economic TimesShares of public sector lender United Bank of India will be listed on the stock exchanges on March 18. read full article »
Tamboli Capital settles at Rs 43.20 on listing day »
on The Economic TimesTamboli Capital, the demerged entity of Investment & Precision Castings (IPCL), settled at Rs 43.20 on its listing day on Monday on the Bombay Stock Exchange against a listing price of Rs 49. read full article »
Post-FPO, NMDC nosedives 5 per cent »
on The Economic TimesThe shares of the state-run mining giant NMDC on Monday declined nearly 5 per cent after it fixed the issue price of its follow-on public offer at the lower end of the price band at Rs 300 a piece. read full article »
UK Sinha report on FIIs next month »
on The Economic TimesA working group set up by the finance ministry to review foreign portfolio investment policy will submit its report in April, a finance ministry official said. read full article »
BIG Cinemas reopens New York cinema hall »
on The Economic TimesBIG Cinemas, India's largest movie hall chain, has reopened ImaginAsian Theatre of Manhattan New York as Big Cinemas Manhattan, a company statement said in Mumbai on Monday. read full article »
Now, put up your FDI proposals online »
on The Economic TimesAny investor planning to enter can on file his or her investment proposal www.fipbindia.com, which was launched by finance secretary Ashok Chawla here today. read full article »
China taking advantage of global trade rules »
on The Economic TimesChina taking advantage of global trade rulesBeijing is taking advantage of international trade rules to spur its own economy at the expense of others, including US. Stocks: Top gainers, losers & recommendations read full article »
Garland of Rs 1000 notes for Mayawati »
on The Economic TimesUP CM was on Monday gifted a garland made of hundreds of Rs 1,000 notes. read full article »
Calls made by suspects traced to Pak »
on The Economic TimesPhone calls received by Mumbai terror suspects have been traced to Karachi. read full article »
NPAs to rise at a lower pace: Crisil »
on The Economic TimesRating agency Crisil on Monday said the pace of rise in banks' non-performing assets is likely to slow down in months ahead as firms are now in a better position to repay their loans in a recovering economy. read full article »
Inflation could rise over 10%: Experts »
on The Economic TimesInflation is likely to rise over 10 per cent in March could prompt the Reserve Bank to signal hike in interest rates in the April policy, says global financial services firms. read full article »
Office work intrudes privacy by gadgets »
on The Economic TimesFacing greater pressure at workplace, a majority of employees take their official work home through tech gadgets like smartphones, says a study. read full article »
Lucknow feels heat of Mayawati rally »
on The Economic TimesLucknow people had to deal with jammed roads due to BSP's rally. read full article »
Phillips-Van Heusen to buy Tommy Hilfiger for $3 billion »
on The Economic TimesPhillips-Van Heusen to buy Tommy Hilfiger for $3 billionPhillips-Van Heusen sees annual cost savings of $40 mn from the deal and expects to close it in second quarter. In Pics: Contestants of Pantaloons Femina Miss India read full article »
EU to present plan for Greek aid »
on The Economic TimesA plan to allow other European countries to loan billions of euros to Greece if holes emerge in its budget planning will be presented to eurozone finance ministers on Monday, a top EU official said. read full article »
Default activities list in SEZs expanded »
on The Economic TimesThe Centre on Monday allowed SEZ developers to offer space for warehousing and banking/ATM services without obtaining prior permission from it. read full article »
Human brains have started to shrink: Study »
on The Economic TimesHuman brains are shrinking, suggests a team of French scientists, who claim to have produced one of the best replicas yet of a 28,000-year-old human cranium. read full article »
SC to hear plea for recall of its order »
on The Economic TimesSC will consider a plea to recall its order in Gujarat riot case. read full article »
Bill will be adopted despite Lalu: Nitish »
on The Economic TimesNitish Kumar said the women's bill will be adopted in its present form. read full article »
Few takers for IPL at multiplexes »
on The Economic TimesThe live telecast of the Indian Premier League (IPL) matches in multiplexes has not been able to pull in the audiences despite the initial buzz, according to experts. read full article »
Wall St mixed ahead of Fed meeting »
on The Economic TimesUS stocks got off to a cautious start on Monday as the market took a breather ahead of a Federal Reserve monetary policy meeting the next day and weighed mixed data on manufacturing. read full article »
China cuts back US bond holdings »
on The Economic TimesChina cut back its Treasury bond holdings in January but remained the top owner of US government debt, the Treasury Department said on Monday. read full article »
Pachauri not to quit IPCC »
on The Economic TimesInter-governmental Panel on Climate Change chief RK Pachauri on Monday said he was in no mood to follow the footsteps of Yvo de Boer, who has quit the post unhappy over the outcome of Copenhagen summit. read full article »
'Double-digit growth for world trade' »
on The Economic TimesWorld trade is expected to see a double-digit growth in 2010, led by rapid pick up in external trade in emerging markets, especially in Asia, a report said. read full article »
Persistent Sys fixes Rs 290-310 price »
on The Economic TimesPersistent Systems Ltd has fixed price band between Rs 290 and Rs 310 per equity share for its Initial Public Offering (IPO). read full article »
Re eases to more than 1-wk low »
on The Economic TimesThe rupee eased to its lowest in more than a week on Monday, as the dollar's rise against the euro triggered buying in the US currency by importers. read full article »
Advance tax data shows India Inc fared well »
on The Economic TimesAdvance tax data shows India Inc fared wellBarring a few, most companies have paid a higher tax this quarter (Q4 FY 10) and for the year (FY 10). SIPs will protect you at tough times | Top gainers & losers read full article »
Govt puts off nuke liability bill in LS »
on The Economic TimesGovt deferred tabling of the controversial nuke bill to avoid trouble. read full article »
European stock markets decline »
on The Economic TimesEuropean equities slid on Monday as investors tracked concerns about tighter Chinese monetary policy, ahead of a key meeting of eurozone finance ministers on the Greek debt crisis. read full article »
Inflation to ease soon: Finmin »
on The Economic TimesEven as inflation sniffed at the double-digit mark in February, the finance ministry expressed the hope that it will moderate in the next few months. read full article »
India, EU exchange tariff offers on FTA »
on The Economic TimesIndia and the EU have exchanged tariff reduction offers on goods for the proposed bilateral trade and investment agreement, negotiations for which are at an advanced stage. read full article »
TCS signs 5-year deal with Malaysia Airlines »
on The Economic TimesTCS signs 5-year deal with Malaysia AirlinesTCS will undertake IT infrastructure management of the airline's data centres, IT networks and IT security. IT Buzz: Check out the latest on hirings, bonuses, deals read full article »
Nifty ends flat due to lack of triggers »
on The Economic TimesPSU and bank stocks ended in the red while IT and FMCG resisted the fall. read full article »
Toyota to cut Prius output: Source »
on The Economic TimesToyota Motor Corp is slashing its output of the Prius hybrid model by 10 per cent starting this month due to a slowdown in sales from a peak last year, a source at a group company said. read full article »
Gold futures seen extending losses »
on The Economic TimesGold futures may extend losses this week weighed by expectations of a strong dollar, with investors awaiting the Federal Reserve policy meeting decision and its views on the economy, analysts said. read full article »
Gold biz may grow 30% on May 16 »
on The Economic TimesThe gold jewellery business is expected to grow by up to 30 per cent during , a festival considered auspicious for buying the metal. read full article »
Dell sues Sharp, Hitachi, Toshiba »
on The Economic TimesDell Inc, the world's third-largest PC maker, has filed a lawsuit against Sharp Corp, Hitachi Ltd, Toshiba Corp and two other companies for alleged price fixing of LCD displays. read full article »
'Economy will grow but with inflation' »
on The Economic TimesArun Jaitley said that he is confident that the Indian economy will grow but with inflation. read full article »
Social networking sites turn food guide »
on The Economic TimesFollow the young crowd, hook it with the stuff they freak out on, and you will have customers checking into your food and cafe outlets in no time. This unique marketing mantra adopted by restaurants mushrooming in India is done using the social networking platform, mainly Facebook. read full article »
EU to discuss Greek aid »
on The Economic TimesEuro zone finance ministers are expected to agree a way of providing Greece with financial aid to tackle its debts on Monday, but France warned not to expect any hard figures and there remained barriers to a deal. read full article »
Bond yields almost steady »
on The Economic TimesIndian federal bond yields were flat in afternoon trade on Monday after briefly edging one basis point higher post-inflation data to match a 17-month peak touched last week. read full article »
LIC pays Rs 8.64 billion advance tax »
on The Economic TimesIndia's government owned Life Insurance Corp of India has paid 8.64 billion rupees as advance tax for the March quarter, compared with 8.1 billion rupees a year ago, an income tax department source said on Monday. read full article »
Govt to fight for Pachauri »
on The Economic TimesThe government has full confidence in IPCC chief. read full article »
Ad featuring former Pak air chief cost Rs 11 lakh »
on The Economic TimesThe controversial advertisement featuring former Pakistani Air chief was among four ads released to a newspaper to commemorate National Girl Child Day that cost the government around Rs 11 lakh. read full article »
World markets slip after US reports »
on The Economic TimesAsian stock markets sank Monday after mixed economic reports about the US economy inspired caution among investors. European shares were also lower. read full article »