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Galleon exits Edelweiss, sells its entire stake

Galleon Group LLC has exited domestic brokerage firm Edelweiss Capital by selling entire 7.02 per cent stake in the company.

Nokia to axe 330 jobs in Finland, Denmark

Handset giant Nokia said it will cut around 330 jobs in Finland and Denmark.

Airtel cuts mobile roaming rates by 60%

Telecom major Bharti Airtel cut mobile roaming rates by 60 per cent for its 115 million users.

GVK to acquire L&T stake in Bial

GVK Airport Developers Pvt Ltd, a wholly owned subsidiary of GVK Power and Infrastructure Ltd, is in the process of acquiring the 17% stake of Larsen & Toubro in Bengaluru International Airport Ltd.

Dell bets on corporate spend for recovery

Dell, the world's No.3 PC brand, said on Friday that its core business of selling computers to companies was returning, after a sharp drop-off during the global downturn led to disappointing quarterly results.

Tata Steel’s $546-million bond sale over

Tata Steel Ltd on Friday said it sold $ 546.9 million in new convertible bonds in exchange for $493 million of securities as part of a plan to reduce costs and ease repayment obligations.

Google OS can start PC in 7 seconds

New Google Inc software will start up a computer as fast as a television can be turned on, the search company said on Thursday as it showed off its Chrome operating system designed for PCs that do their work on the Web.

Dell Q3 profit dips 54 per cent

Personal computer maker Dell Inc has reported a massive 54 per cent decline in its profit.

HAL to invest Rs 25K cr in itself

Hindustan Aeronautics Ltd plans to invest more than Rs 25,000 crore in the next 10 years on the back of a strong order pipeline and big ticket projects on the horizon.

Govt for 20 pct stake sale in SAIL

Govt is considering 20 pct stake sale in SAIL, proceeds of which would fund cos projects.

eBay completes sale of Skype for $2 bn

America's largest online marketplace eBay said it has completed the sale of Skype.

HDFC Standard Life plans to hit capital mkt

HDFC Standard Life said it plans to come with an initial public offer in the next fiscal.

Pantaloon Retail to raise Rs 500 cr via QIP

Pantaloon Retail said it will raise Rs 500 crore by way of private placement of shares.

Dell results miss expectations, shares drop

Dell Inc's quarterly profit plunged 54 per cent on lower-than-expected sales.

Sony slides to 4-month low

Shares of Sony Corp fell to their lowest in nearly four months.

Volkswagen October sales up 38 pct

VW has recorded a jump of 38.18 pct in cumulative sales in India during October.

Pepsico to set up 4 new plants in India

Pepsico would pump in an estimated Rs 700 crore to set up four new projects by 2012.

Sahara says no compromise with Jet

Sahara group ruled out an out-of-the-court settlement with Jet Airways.

AI employees stage protest march

AI employees marched to Parliament demanding immediate government action.

JSW Steel, JFE Steel ink a pact

JSW Steel and Japan's JFE Steel Corporation entered into a strategic collaboration.

Suzlon to sell 35 pct stake in Hansen

Suzlon Energy said it will sale its 35 pct stake in the Hansen Transmissions.

Satyam close to finalising payback deal

Satyam close to finalising payback deal on Geelong project.

World News

Nokia to axe 330 jobs in Finland, Denmark

Bloomberg to lay off 130 employees

BANKING & FINANCE

SBI Card launches mShop

Blackstone approaches Citi to buy auto-loan biz unit

POLITICS

IOC blaze: 'Massive fire at depot left no time to respond'

Govt promises to amend sugarcane ordinance

Sports

Saina, Bhat out of China Super Series

Semenya can keep medal: SA govt

Markets

Market bounces up 236 points

Gold futures steady near record highs

Companies

Galleon exits Edelweiss, sells its entire stake

Nokia to axe 330 jobs in Finland, Denmark

Economy

Gold surges to Rs 17,500 per 10 gm

Govt to introduce polymer bank notes

Most Read Article

Centre okay with Boeing aircraft to replace ageing IL-76 fleet

Corporate Notes

Ticket to the hinterland

Kushinagar airport gets Centre nod, to invite bids

Most Emailed Article

Retailers turn to co-op movement for better supply chain management

Cement, telecom, capital goods to post higher growth: study

AP mulls unified municipal Act

Ailing sugar co-ops in AP get Rs 270 cr from Centre

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