Sensex ends 195 points up; JP Associates, ITC, Bajaj Auto gain ....., Idea, Spice face cancellation of licences in Karnataka, AP...., Arvind lines up realty JV in Gujarat; shares rise...., MTNL expects FY12 EBITDA to be positive at Rs 900cr...., OMCs on a sticky wicket right now, says Udayan....,
Business

Intel Capital announces $18M investments in India

PTI | May 13, 2011, 04.08pm IST BANGALORE: Intel Capital, Intel's global investment organisation, has announced that it has made a total investment of $18 million in five Indian companies.....

India's exports climb 34.4 percent in April

NEW DELHI (Commodity Online) : Continuing its growth, Asia's third largest economy, India's exports grew by an annualized 34.4 percent to $23.9 billion in April.

Farmers, pest bodies react adversely to ban on Endosulfan

NEW DELHI: Farmers and pesticide bodies today said the Supreme Court order banning the production, sale and use of Endosulfan ahead of the coming kharif season would harm the interests of growers, particularly those with small holdings, and hoped the ...

Software piracy rate dips to 64%, loss at $2.7 bn

PTI / New Delhi May 13, 2011, 15:18 IST While there has been an increase in the global rate of software piracy, India has shown a marginal decline in the same for the year 2010.

Galaxy Surfactants IPO opens should you subscribe

The initial public offering of Galaxy Surfactants, surfactants and specialty chemicals manufacturer, has opened for subscription. The price band of the issue of 59.3 lakh shares has fixed at Rs 325-340 a share.

Bleeding money, SKS Microfinance moves SC against Andhra act

SKS Microfinance Ltd, the country's largest microfinance institution, on Thursday filed a special leave petition in the Supreme Court seeking a stay on Andhra Pradesh state's draconian MFI Act, which puts severe curbs on the activities of such ...

Expect EBITDA over 26% in FY12: Innoventive Industries

Chandu Chavan, chairman of Innoventive Industries, in an exclusive interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, said the company expects growth in consolidated sales to Rs 850 crore and profit after tax (PAT) to Rs 90 crore in FY12 ...

India Dr Reddy's Q4 net doubles; tops f'cast

BANGALORE, May 13 (Reuters) - Dr Reddy's Laboratories Ltd , India's second-largest drugmaker by sales, on Friday said consolidated quarterly profit doubled on strong generic drug sales in the United States, topping forecasts and sending its shares up 5 ...

Airtel's logo christened 'Wave'

Wave is crowd sourced and has been chosen after a six month long excercise. Airtel initiated the online contest, 'The Name Game', in the same month as the logo was redesigned....

Adani Enterprises net zooms 173%

Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, today announced consolidated net profits of Rs 928 crore for the fourth quarter ended March as against Rs 340 crore registered in the corresponding period the previous year, ...