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Nokia to buy out Siemens in joint venture

Nokia to buy out Siemens in joint venture

Reuters, Finnish mobile handset maker Nokia, on Monday, said it had entered into an agreement to buy Siemens’ entire stake in their telecom equipment joint venture Nokia Siemens Networks for 1.7 billion euro (about $2.2 billion). The 50:50 joint venture ...

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Diesel to cost 50 paise more per litre

Diesel to cost 50 paise more per litre

Mon, 01 Jul 2013 19:45:00 GMT | By IANS New Delhi: Diesel will become costlier by 50 paise per litre excluding taxes from Monday midnight, the country’s largest oil marketing company Indian Oil Corp (IOC) said. The company said despite ...

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us working with india to streamline education visa processing

us working with india to streamline education visa processing

By PTI | 11 May, 2013 WASHINGTON: The United States is working with the Indian Government to stream line the latter’s education visa, which is being considered as a major hindrance for American students wanting to go to the country ...

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Apple supplier Sharp to boost Samsung business in bid to stay viable

Apple supplier Sharp to boost Samsung business in bid to stay viable

By Reuters | 11 May, 2013, 06.29PM IST TOKYO: Sharp Corp, Japan’s leading maker of liquid crystal displays, will rely on expanding supplies of small panels to Samsung Electronics Co while still shipping screens to rival Apple Inc, in a ...

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Realtors welcome rate cut; seek more reduction to boost sector

Realtors welcome rate cut; seek more reduction to boost sector

By PTI NEW DELHI: Welcoming the RBI decision to cut key policy rates by 0.25 per cent, the real estate sector today said there is a need for further reduction so that the interest cost to builders and home buyers ...

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DDA to allot flat, pay Rs 3 lakh for cancellation of allotment

DDA to allot flat, pay Rs 3 lakh for cancellation of allotment

By PTI NEW DELHI: Delhi Development Authority has been directed by state consumer commission here to allot a flat and pay compensation of Rs three lakh to one of its allottees for twice cancelling house alloted to him without issuing ...

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RBI:Inflation indexed bonds may be issued in a month

RBI:Inflation indexed bonds may be issued in a month

By PTI | 4 May, 2013, 07.33PM IST GREATER NOIDA: The Reserve Bank today said it is likely to launch within a month the inflation-indexed bonds (IIBs), which will help investors including retail to hedge their savings against inflation. “Probably ...

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India need consistency in FDI policy to bridge CAD gap: S&P

India need consistency in FDI policy to bridge CAD gap: S&P

By PTI | 4 May, 2013, 10.04PM IST GREATER NOIDA: Global rating agency Standard and Poor’s today said India needs a consistent FDI policy for various sectors including retail to finance current account deficit (CAD). “Making clear the FDI regime ...

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Shah Rukh Khan optimistic of making the final of IPL

Shah Rukh Khan optimistic of making the final of IPL

By PTI | 4 May, 2013, 05.59PM IST KOLKATA: They may be languishing at the seventh spot in the points table but holders Kolkata Knight Riders are still optimistic of making the title clash of the Indian Premier League. Team ...

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Economic environment will boost equities in medium to long term

Economic environment will boost equities in medium to long term

Economictimes MUMBAI: After disappointing February (Sensex down ~5.0%) and March (Sensex flat), Indian equities have done well in April (Sensex up ~2.50%) on the back of improvement in the key macro variables of inflation (WPI) and foreign trade. A decent ...

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Sebi may get greater powers to check money-pooling frauds

Sebi may get greater powers to check money-pooling frauds

Times of India NEW DELHI: Market regulator Sebi may get greater powers to check money-pooling frauds by various entities across the country, as the government is considering a major overhaul of regulations governing such schemes. The proposed critical amendments to ...

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Rains to be normal this year-Good news for economy

Rains to be normal this year-Good news for economy

India’s June-September monsoon is likely to be normal, the weather bureau said on Friday, brightening prospects of bumper crops and economic recovery, crucial for a government heading into a general election. The India Meteorological Department predicted that summer rains would ...

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Gold prices now turn negative after US payrolls data

Gold prices now turn negative after US payrolls data

By Reuters | 3 May, 2013, 06.34PM IST LONDON: Gold fell on Friday, as the dollar reversed earlier losses against a basket of currencies after US employment rose more than expected in April, pushing the unemployment rate to a four-year ...

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