Reports, Indian & Global Reports, Analysis Reports-IBN Business

Reports

Undeterred by the slump in the automobile market, two wheeler manufacturers in India aim to post decent sales this financial year, buoyed by good sales in November.

Mon, 05 Dec 2011 12:38:51 +0530

Lehman Brothers close to naming a new board

The bankruptcy estate of Lehman Brothers Holdings is close to naming a new board of directors to help finish winding down the collapsed financial firm, the Wall Street Journal said, citing people familiar with the matter.

Mon, 05 Dec 2011 11:04:16 +0530

Sensex closes moderately lower amid volatility

It was a boring Monday for the Indian markets as the Sensex closed marginally lower amid volatility. Traders preferred to book some profits after a stellar performance of the Sensex in the last week by adding 1151 points. The Nifty was down 11 points, to close at 5,039.15 and the Sensex declined 41.5 points, to end at 16,805.33.

Mon, 05 Dec 2011 09:30:55 +0530

Protests on FDI in retail false drama: India Inc

Anguished over "perennial disarray" in Parliament over FDI in retail, India Inc's prominent leaders on Sunday asked common people to stand up against "false drama" on the issue.

Sun, 04 Dec 2011 04:39:10 +0530

RBI to act if rupee fall escalates

The Reserve Bank of India will use all available tools to stem a fall in the rupee if the currency's downward spiral escalates and will take steps to keep liquidity in the country's markets at comfortable levels, a deputy governor said on Saturday.

Sun, 04 Dec 2011 02:34:48 +0530

Retailers disappointed over holding back of FDI

Expressing disappointment at the government's decision to put on hold the FDI in retail decision, players in the sector on Saturday said a political consensus must be arrived soon in the interest of consumers and farmers.

Sat, 03 Dec 2011 07:14:13 +0530

RIL's $ 1.52 bn investment plan in KG-D6 rejected

Oil Ministry and its technical arm DGH on Friday refused approval to Reliance Industries' $ 1.529 billion investment plan to develop satellite fields to offset fall in gas output at its flagging KG-D6 block.

Sat, 03 Dec 2011 08:22:23 +0530

'Kingfisher still in talks with local investor'

Kingfisher Airlines is still in talks with a potential local investor to raise funds, its chairman Vijay Mallya said on Friday, even as woes mounted for the cash strapped carrier with a major airport set to stop facilities on credit.

Sat, 03 Dec 2011 08:09:42 +0530

Mallya knocks for help to end Kingfisher crisis

Kingfisher chairman Vijay Mallya has said he is in talks with an Indian investor to bail out Kingfisher Airlines. This even as Mumbai Airport authorities have put the airline on notice for not paying dues up to Rs 90 crore.

Fri, 02 Dec 2011 10:43:12 +0530

Miracle on D-Street: Sensex rallies 7 per cent

This week has been one huge relief rally after the bloodshed we witnessed previously. Indian equities gained 7 per cent mainly led by global cues like the central banks' move to increase liquidity and the cut in China's reserve ratio.

Fri, 02 Dec 2011 09:40:41 +0530

'Kingfisher the favourite airline despite crisis'

In spite of the mounting troubles and the recent flight cancellations, Kingfisher shares honours with Jet Airways in the category of most favoured airlines in 2011, according to an annual airline and air travel survey released on Friday.

Fri, 02 Dec 2011 08:49:39 +0530

SC notices to Jet, Sahara on sellout dispute

The Supreme Court on Friday issued notices on cross appeals by Sahara India and Jet Airways challenging a Bombay High Court order directing the latter to pay a renegotiated amount instead of the original determined price for purchase of Sahara Airlines.

Fri, 02 Dec 2011 06:52:41 +0530

In talks with an investor for KFA: Vijay Mallya

Kingfisher Airlines Chairman Vijay Mallya is in talks with an Indian investor to invest in his cash-strapped airlines. Speaking to CNBC-TV18 Mallya said that he has also put in an application for importing Aviation Turbine Fuel (ATF) directly in a bid to cut costs.

Fri, 02 Dec 2011 11:32:08 +0530

Sensex closes 363 pts up, BPCL top gainer

The Sensex on Friday jumped over 363 points to close at 16846.83 while the Nifty went up by 113.30 points to close at 5050.15.

Fri, 02 Dec 2011 09:06:40 +0530

Politics must not stop progress: Ratan Tata on FDI

Tata Group chairman Ratan Tata on Thursday batted for foreign direct investment in retail, saying that political differences should not stop the progress of India.

Thu, 01 Dec 2011 08:53:57 +0530

Kingfisher gets notices to clear airport dues

Vijay Mallya-led Kingfisher Airlines is in more trouble with several airports slapping the aviation major notices to clear their dues. Mumbai airport has issued notice to Kingfisher Airlines to pay usage charges immediately amounting to Rs 90 crore.

Thu, 01 Dec 2011 03:58:00 +0530

Markets

Politics

Oppn insists on FDI rollback ahead of all-party meet

The proposed meeting comes amid indications from the government that it has decided to put the FDI decision on hold.

Will the Opposition allow Parliament to work?

The government has been trying to pacify ally Mamata Bannerjee and even have decided to holdback the policy for now.

No delay on Lokpal bill: Abhishek Manu Singhvi

National Advisory Council member Aruna Roy demanded that the bill be passed in the current house session.

India

'Just One Slap' remark was not wrong: Anna

I have used strong words many times in the past and I admit that I committed violence when I said that, Anna said.

Maoists blow up bridge on key national highway

The bridge is at Kondagaon on National Highway Number 30 in Bastar district, some 210 km south of Raipur.

FDI in retail can create 80 lakh jobs: experts

Though corporate India hailed the decision, there has been a deadlock in the Parliament on the FDI issue.

Tech

Won't remove 'controversial' content: Google

Google says it complies with the law of the land but will not remove any material just because it is controversial.

Google India clarifies on its content policy

Google India has issued a statement in connection to Kapil Sibal's assertion on pre-screening Internet content.

RIM names Sunil Dutt as new India MD

Dutt, who joins RIM from Hewlett-Packard Co's Indian unit, has also worked with Samsung Electronics and Nokia.

Markets

Politics

India

Tech

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