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    • Corporate News

    AXA Corporate Responsibility Week in 57 countries 11 to 15 June 2012

    by NR INDRAN / INT For AXA’s second Corporate Responsibility (CR) Week, the global momentum empowered 164,000 employees to walk, run or cycle in support of People Protection. Each kilometre covered contribute 1 € to an AXA Hearts in Action risk education project that each AXA entity has chosen to do with a local association. […]

    Corporate News

    NSE and IIM Shillong join hands to offer first PG programme in Financial Markets

    by NR INDRAN / INT India’s leading stock exchange, the National Stock Exchange (NSE) and the prestigious Indian Institute of Management, Shillong (IIMS), one of the top ten business schools in India, have come together for a unique partnership. The two institutions are planning to start the first ever two year full time Post Graduate […]

    Entertainment

    SP BALASUBRAMANIAM SWEEPS TWO TROPHIES AT “THE BIG TAMIL MELODY AWARDS 2012”

    by NR INDRAN / INT The BIG Tamil Melody Awards, produced and conceptualized by 92.7 BIG FM, Chennai’s No. 1 Melody station and winner of the Golden Mikes Broadcaster of the Year Award, commemorated the incredible success of the Tamil music fraternity by acknowledging the stalwarts in the presence of the crèmede la crème of […]

    Corporate News

    POWER-GEN Asia Launches Preliminary Conference Programme for Annual Gathering of Power Industry Professionals

    Bangkok:  POWER-GEN Asia, the region’s premier conference and exhibition for the electric power generation industry, has announced the preliminary conference programme of its 20th annual gathering, this year hosted in Bangkok, Thailand from 3rd to 5th October 2012. The preliminary conference programme includes over 130 international experts presenting across 6 conference tracks, including topics focusing […]

    Breaking News National

    Eight pro-Yeddyurappa ministers quit

    Stepping up their pressure for a change of guard, eight ministers belonging to the B.S. Yeddyurappa faction submitted their resignation letters to Chief Minister Sadananda Gowda on Friday. Earlier, Yeddyurappa loyalist and MLA B.P. Harish claimed 10 ministers, including Umesh Katti, Murugesh Nirani, Udasi and M.P. Renukacharya, would hand over their resignation letters to Gowda […]

    Business

    Growth to rebound from Oct: Basu

     Mumbai : India’s economic growth, which dipped to 9-year low of 6.5 percent in 2011-12, is expected to rebound from October, Chief Economic Advisor Kaushik Basu said. He also said the government was working to remove trust problems with the industry. “We are hopeful that economy is going to bounce back within 4-5 months. […]

    Stock & Share

    Sensex soars over 400 points to 2-month hig

    Mumbai : The BSE benchmark Sensex soared by over 410 points to more than two-month high of 17,496.96 in pre-close trade on Friday on foreign fund inflows buoyed by the government’s moves to revive the economy. Besides, the Finance Ministry’s proposing a monetary limit for invoking the controversial General Anti-Tax Avoidance Rules (GAAR) in its […]

    Business

    Mkt situation not to dampen PSU stake sale plan: DoD Secy

    The govt will move ahead with the stake sale of public sector companies without waiting for further improvement in the stock markets, a senior finance ministry official said. “If we have to achieve the target of Rs 30,000 crore this financial year, we cannot wait for the market to improve beyond a point. I think […]

    Business

    Cairn sells 3.5 pc stake in India unit for over Rs 2,000 cr

    UK’s Cairn Energy, which had last year sold majority stake in its Indian unit to mining group Vedanta, sold 3.5 percent for over Rs 2,000 crore in an open market deal on Friday. It had 21.8 percent stake in Cairn India before Friday’s deal. Cairn Energy sold 6.67 crore shares, or 3.5 percent of the […]

    Business

    GAAR to be finalised after consultation with PMO: Fin Min

    Within hours of the PMO issuing a statement saying that the draft GAAR rules were not seen by PM Manmohan Singh, a top finance ministry official said the guidelines will be finalised after consultation with the PM’s office. “Don’t read too much into the release by the PMO. The PM has not applied his mind […]

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