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Finance News

News NTPC: Studying Offer to Buy South African Coal Mine

State-run NTPC Ltd., India's biggest power producer, is evaluating an offer to buy a South African coal mine to secure fuel supplies as it embarks upon a near $10 billion plan to expand capacity to meet the AsiaMore »

News South Africa to Scrutinize Any MTN, Bharti Deal

South Africa's government will closely scrutinize any merger agreed between MTN Group Ltd. and India's Bharti Airtel Ltd., throwing up a potential obstacle to a deal to create one of the world's largest More »

News RIL raises Rs 3,188 cr through sale of shares

The country's largest private sector firm, Reliance More »

News Samsung looks to become big name in laptop PC market

Having earned a place for itself in the big screen (LCD TV) and small screen (cell phone) space in India, South Korean electronics firm Samsung wants to make a mark in the mid-screen ( More »

News Global shares rally, dollar hits one-year low

LONDON: Global shares rallied on Thursday, pushing the benchmark world index to a fresh 11-month high, while the euro hit a one-year peak against the low-yielding dollar as More »

News Indian inflation returns as food prices surge

NEW DELHI: Surging food prices have driven India into inflation faster than expected, adding pressure on the central More »

News Gold hits 18-month high on dollar, eyes record peak

LONDON: Gold rose to a new 18-month high in Europe on Thursday, within a stone's throw of its record peak of $1,030.80 an ounce, as persistent weakness in the dollar prompted buying of the precious metal as an alteMore »

News Horror of Lehman's fall haunts global M&A space

The ripple effects of the fall of Lehman Brothers in September last year is evident in the field of global mergers and acquisitions (M&A), which have shrunk nearly 40 per cent since then.

More »

News SKS to extend micro-insurance cover

Hyderabad-based SKS Microfinance, which has launched micro-insurance project 'Swayam Shakti Suraksha' in partnership with Bajaj Allianz Life Insurance to cover its members, has now decided to launch a similaMore »

News Sical gets shareholders' nod to invest Rs 368 crore

Chennai-based Sical Logistics on Wednesday said it had received approval to invest around Rs 368 crore — its equity portion — in the seven subsidiary companies that are executing projects worth Rs 938 crore during tMore »




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