Ahead of second quarter review of monetary policy on October 25, RBI indicated that it may not lower the key interest rates as inflation is still high.
Five recognised unions, which represent most of Coal India's 330,000 workers, had earlier given notice for the one-day strike, asking for a minimum bonus of Rs 25,000 .
JP Morgan expects crude oil prices to move to $130 per barrel (2013) due to the on going geopolitical issues, low spare capacity, stock building and currency related issues.
The case pertains to CCI having imposed Rs 630 crore fine on DLF on 16 August for abusing its dominant market position and imposing unfair conditions on the buyers of its flats.
Goldman Sachs expects Bharti Airtel and Idea Cellular July-Sept earnings falling short of street estimates on higher forex estimates for Bharti and wages and 3G interest expense for the latter.
State Bank of India had submitted a proposal to raise Rs 20,000 crore through a rights issue. It requires funding to implement growth plans over the next two fiscals.
Suzlon received an order for supplying wind turbines with a combined generation capacity of 25.5 MW from GAIL India.
Apple claims Samsung's Galaxy line of mobile phones and tablets "slavishly" copied its iPhone and iPad and has launched an international legal battle which is expected to hurt growth at one of the South Korean firm's fastest-growing businesses.<br /><br /> <br /><br />
A steep slide on Friday closed out a fifth month of losses as weak economic data from China sparked fears of a global economic slowdown.
Apart from $2.2 billion, the Sasan power project has also received $150 million funding from other sources, a statement from the company said.<br /><br /> <br /><br />
While investment in three companies - Saankhya Labs, Testing Czars, and FINO - has been completed, Intel Capital has signed agreements for investment in What's on India, enStage and DURON Energy as well.
Bharti Infratel, the mobile phone carrier's telecoms tower arm, was looking at a minimum $500 million IPO, for which it was expected to file regulatory papers in September or October.
Swajas Air Charters has cut the price band of initial share sale offer to Rs 84-90 a share and extended the issue by five more trading sessions.
GAIL's investment includes upfront cash payment of $63.7 million and a carry amount of $31.3 million linked to Carrizo's future drilling and development costs
Rating agency Moody's today said the decline in the production of natural gas at RIL's KG-D6 block will lower the company's cash flows but impact on its overall financial health will only be modest.
Pipavav Defence and Offshore Engineering Company (formerly Pipavav Shipyard) today announced its foray into the aviation sector by signing a pact with Airbus to set up an aircraft maintenance facility in the country through a joint venture.
The company is also in talks with several cash and carry and hypermarket operators in India for setting up shop-in-shop stores.
Mumbai-based Ipca Laboratories Ltd plans to acquire a pharmaceutical company in Indonesia with a view to enter the largest South-East Asian market.
The trading loss and Gruebel's departure also has breathed new life into a long-standing rumor that UBS would divest or spin off its US brokerage arm, which is not as profitable as the Swiss company's private banking businesses.
In July, Dr Reddy's had agreed to buy the business for about $34.9 million, which involved acquiring 20 brands from JB Chemicals.
The orders are related to construction of 990MW Punatsangchhu II Hydro- Electric Project - which is being jointly developed by the Bhutan and Indian governments.
India has edged ahead, with $4.9 billion from 105 private equity-backed M&A deals, while China has $4.8 billion from 96 deals.<br /><br />
Wipro has received initial offers from several US telecom firms for sale of five data centres that could be worth between $300 million to $400 million.
The 67-year-old German resigned on Saturday, with the UBS board appointing as his interim replacement Sergio Ermotti.
The crisis has left Gruebel facing not only strategic issues, such as whether the bank should stick to its safer core wealth management business, but also concern about his management team and lax risk supervision.
ArcelorMittal shares have plunged 50 percent in the past two months.
Private equity deals typically need leveraged loans and high-yield bonds - the riskier form of lending that carries some of the highest interest rates and often is among the first financing to be withdrawn when credit tightens.
Power and automation technology group, ABB has won a $71 million order from Steel Authority of India Limited to supply a sub-station package for its Bhilai Steel Plant in Chhattisgarh.
The total payout on account of annual bonus for 2010-2011 will be Rs 171 crore approximately against Rs 143 crore last year
The deal will be first foreign acquisition for NMDC, which has been scouting for natural resources abroad in countries like Russia, United States, Afghanistan, Uzbekistan, Canada and South Africa, among other countries.