March 10: Events to watch out for
March 10: Events to watch out for
ASBA bidding option for QIBs on anvil
The Securities Exchange Board of India (SEBI) is in the process of introducing the bidding option for applications supported by blocked amount (ASBA) for qualified institutional bidders (QIBs), reports CNBCTV18.
Pepe\'s global owners eye direct control of India arm
Pepe\'s global owners plan to take direct control of Pepe India via a joint venture, reports CNBCTV18, quoting VCCircle. The foreign owners plan to keep up to 51% stake.
Mint excl: $600m contract awarded to TCS may be revoked
The USD 600 million contract awarded to Tata Consultancy Services (TCS) is likely to be revoked. UK\'s Conservative Party is reviewing the contract.
Home Min finalises changes to Foreign Contribution Bill
The Home Ministry has finalised changes to Foreign Contribution (Reg) Bill, reports CNBCTV18. It has suggested changes on increased security concerns.
MM, NBA tieup to launch Community Basketball League
Mahindra Mahindra (MM) has tiedup with USbased National Basketball Association (NBA) to promote basketball in India.
Indian companies aim, hit bull\'s eye on the LSE
Small and mediumsized, Indiafocussed companies are springing big surprises on the London Stock Exchange\'s Alternate Investment Market, reports CNBCTV18\'s Mrinalini Krishna.
Lacklustre close for mkts, Nifty ends 22 points down
It was an extremely dull and lacklustre session for Indian markets. The indices mirrored their global peers and traded in an extremely narrow range. The Nifty ended the day at 5,101, down 22 points. The Sensex shut shop at 17,052, down 50 points.
To improve rural demand, says Maricos Harsh Mariwala
Marico is looking at leveraging demand in the rural sector to improve profitability, says its CMD Harsh Mariwala in an exclusive interview to CNBCTV18. He says inflation is impacting demand in rural India.
Education must be given priority sector status: Kapil Sibal
The Human Resource Development Ministry is all set to establish the Education Finance Corporation, a body to monitor easy capital in flow in the education sector, with a corpus of Rs 20,000 crore.
Bumper placement season at IIMs, avg salaries more than \'09
The placement season was a promising one for premier management instituteIndian Institute of ManagementBangalore (IIMB) graduates. It has placed 100% of its students in five days and saw a 41% increase in slot zero placements. Recruiters include Mckinsey, Boston Consulting Group, Bain Company, AT Kearney, Nomura and Temasek Holdings.
See Nifty upside capped at 5200 in March: Experts
The Nifty ended the day at 5,101, down 22 points. The Sensex shut shop at 17,052, down 50 points. Amisha Vora, Prabhudas Lilladher, Parag Doctor, Chart Advice Amit Dalal, Executive Director, Tata Investment Corporation gave their perspective on the markets.
DQ Entertainment IPO subscribed 3.5 times on day 2
The initial public offering (IPO) of DQ Entertainment, issue was subscribed nearly 3.57 times overall on second day, March 9, 2010, as per data available on the NSE website.
Govt ought to have strongly capitalised PSU banks: Montek
The government ought to have strongly capitalised public sector banks, says Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, in an exclusive interview.
Govt should have strongly capitalised PSU banks: Montek
The government ought to have strongly capitalised public sector banks, says Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, in an exclusive interview.