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News Central May 24, 2013

IBN BUSINESS NEWS


2 Indian firms in global 'Hot Growth' list
Cognizant Technology & Exlservice have made it to a list of world's 100 ‘Hot Growth’ companies with significant growth potential.
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Debate: A nation without power
The PM has warned that India’s economy faces a severe power crisis.
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DRI widens net to nab Pune builder
The Directorate of Revenue Intelligence has summoned influential Pune builder Avinash Bhosale to Mumbai for interrogation.
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Sensex marches up, crosses 14,400
Bombay Stock Exchange Sensex gathered another 66 points in early trade with funds buying in heavy-weight blue-chip stocks.
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HPCL seeks legal way against LN Mittal
HPCL smells foul play as Mittal changes investment route for picking 49 per cent stake in Bhatinda refinery project.
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'Property prices to impact BPO sector'
High attrition rate and unprecedented hike in property prices are likely to affect the growth of India’s BPO industry.
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Binani Cement lists at Rs 75 on BSE
Binani Cement, which got listed at Rs 75 on the Bombay Stock Exchange (BSE) touched a high of Rs 79 within minutes of listing.
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Foreign funds want Indian investors
Indian markets doing reasonably well but Indians still looking for new ways to make money.
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Inflation will soon fall to 3 pc: RBI
RBI said they would bring down inflation close to 3 per cent well before the timeframe of the midterm inflation goal.
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Standard Chartered to buy stake in UTI
Standard Chartered plc is to buy 49 per cent stake in UTI Securities to complement its private banking business.
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Mukesh Ambani India's 1st trillionaire
Mukesh Ambani is India's sole trillionaire with over Rs 1,00,000 crore of wealth floated through his companies’ shareholdings.
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PM shifts focus to agriculture now
In order to help the development benefits reach rural corners, PM has suggested adopting a more flexible approach.
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Would-be-brides run after IT brigade
Fat pay packets and lavish lifestyles have made IT professionals the most sought after in the matrimony market.
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Anil Ambani panics | Maya caps SEZ
ADAG said it had won Noida SEZ on “a transparent and competitive basis.”
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India Inc dismisses PM pay advice
While the PM suggests corporate salaries must be cut, corporates say the shortage of talent make that impractical.
Read More
Offers flow as property demand sinks
Builders say that confusion on whether to go for a fixed or floating rate loan is what is slowing consumer decision.
Read More
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