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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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