Indian ADRs: Tata Comm up 5.2%, ICICI Bank up 4.2%

Indian ADRs ended higher on Thursday. In the IT space, Wipro was up 2.96% at USD 10.1 and Infosys was up 2.24% at USD 53.91.   In the Banking space, ICICI Bank was up 4.23% at USD 42.9 and HDFC Bank was up 1.68% at USD 37.42. In the Telecom space,...

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download4u's March Madness sale brings Dark Souls, Need for Speed: Most Wanted at discounts

Mar 29, 2013, 10.55 AM IST Source: Tech2.com Like this story, share it with millions of investors on M3 download4u's March Madness sale brings Dark Souls, Need for Speed: Most Wanted at discounts The headlining...

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No quick fix for CAD; gold, reforms offer hope: Experts

There is no quick fix for bridging the current account deficit (CAD) and the government has to ensure that capital inflows remain strong, Siddhartha Sanyal, director and chief economist, Barclays Capital told CNBC-TV18. He expects a limited impact of...

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DDA extends lease for Taj Palace Hotel to IHCL for 25 years

Tata group hospitality major Indian Hotels Company ( IHCL ) today said lease of its Taj Palace Hotel in the city has been renewed for 25 years from April 1 this year."The Indian Hotels Company Limited (Taj Group) is pleased to confirm that it has received...

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UK heads for recession, current account gap worst since '89

Britain looks headed for recession and its current account deficit last year was the worst since 1989, data showed on Wednesday, dimming government hopes of a growth boost from exports and investment.The Office for National Statistics confirmed that...

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Global stocks, euro fall on fears of wider euro zone woes

Major stock markets fell and the euro slumped to a four-month low against the dollar on Wednesday, hit by a disappointing Italian bond auction and concern about the potential for a wider impact on the euro zone from Cyprus's bailout.Bleak euro zone economic...

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NLC invites bids to buy coal mines overseas

State-owned Nevyeli Lignite Corporation (NLC) has invited bids from global firms to acquire coal assets overseas for providing fuel security to its thermal power plants."NLC intends to secure its thermal coal-requirement by acquiring coal blocks abroad,...

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Italy minister resigns over marines' return to India

Italian foreign minister Giulio Terzi declared on Tuesday that he was resigning because he did not agree with last week's decision to send two marines back to India to face trial for murder."I can no longer be part of this government and I announce my...

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GAIL targets sale of 84.05 mmscmd gas in FY14

State-owned gas utility GAIL India Ltd is targeting sale of 84.05 million standard cubic meters per day (mmscd) of natural gas in 2013-14.Also Read: TN govt asks GAIL to stop laying pipeline on agri land In the performance MoU the company signed...

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ILFC removes one of six aircraft from KFA on unpaid dues

Aircraft lessor International Lease Finance Corp (ILFC)  Kingfisher Airlines .The decision comes after the Delhi High Court order dated March 15, 2013. ILFC says that it is not late for India to recover positive perception in the international forum....

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Anxious, angry Cypriots face uncertain future

By Karolina Tagaris and Costas Pitas NICOSIA (Reuters) - Dora Giorgali says she has to go back almost 40 years, when Cyprus was at war, to recall such a feeling of anxiety. "I haven't felt so uncertain about the future since I was 13 and Cyprus was...

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The top films at the North American box office

REUTERS - Following are the top 10 movies at North American box offices for the three-day weekend starting March 22, led by "The Croods" at No. 1, according to studio estimates compiled by Reuters. 1 (*) The Croods..........................$44.2 million...

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Cheap, high power smartphone is next tech Big Bang: Google

Eric Schmidt, executive chairman, Google believes that the next revolution will be caused by cheap and high-power smartphones and laptops.Schmidt spoke to CNBC-TV18 at an event in New Delhi where Indian and international experts came together to brainstorm...

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Apple makes renewable energy push with solar, fuel cells

Apple Inc now runs its largest US data centre entirely on renewable energy, with a majority of the power generated on-site from solar panels and fuel cells, the company's chief financial officer, Peter Oppenheimer, said.The data centre in Maiden, North...

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