US President and Nobel Peace Prize laureate Barack Obama receives his medal and diploma from the chairman of the Nobel committee Thorbjorn Jagland at the Nobel Peace Prize ceremony at City Hall in Oslo, on Thursday. Bjorn Sigurdson / AP
Source: Gallery - Livemint.com | 22 Feb 2012 | 3:59 pm
US President Barack Obama signs a book as first lady Michelle Obama looks on during a Nobel Signing Ceremony at the Nobel Institute in Oslo on Thursday. Susan Walsh / AP
Source: Gallery - Livemint.com | 22 Feb 2012 | 3:59 pm
Norwegian Prime Minister Jens Stoltenberg with US President Barack Obama in the Norwegian prime minister’s office in Oslo on Thursday. Hakon Mosvold Larsen / AP
Source: Gallery - Livemint.com | 22 Feb 2012 | 3:59 pm
Supporters of the Telangana movement celebrate after Centre’s decision to initiate the process of creating a separate Telangana state from Andhra Pradesh, at Osmania Universaity in Hyderabad, on Thursday. Mahesh Kumar A / AP
Source: Gallery - Livemint.com | 22 Feb 2012 | 3:59 pm
Commonwealth Games Organising Commttee chairman Suresh Kalmadi exchanges MoU documents with NTPC chief R S Sharma in the presence of Union power minister Sushil Kumar Shinde and MoS for power Bharatsinh Solanki in New Delhi on Thursday. NTPC shall be official Power Partner for the XIX Commonwealth Games. Kamal Kishore / PTI
Source: Gallery - Livemint.com | 22 Feb 2012 | 3:59 pm
US President Barack Obama and his wife Michelle Obama arrive in Oslo for the Nobel Peace Prize award ceremony to be held later at Oslo City Hall on Thursday. Heiko Junge / Reuters
Source: Gallery - Livemint.com | 22 Feb 2012 | 3:59 pm
FRANKFURT/PARIS (Reuters) - General Motors Co and PSA Peugeot Citroen are discussing a manufacturing alliance designed to stem losses in Europe and lower production costs elsewhere, people with knowledge of the matter said.
Source: Reuters: Money News | 22 Feb 2012 | 3:45 pm
The three Indian banks that are offloading part of their holdings in the maiden public offering of Multi Commodity Exchange (MCX), has witnessed their initial investments rise by nearly 125 times in about seven years.
Source: India Business News | Business News - Times of India | 22 Feb 2012 | 3:28 pm
Making a strong pitch for raising diesel prices, Prime Minister’s Economic Advisory Council chairman C Rangarajan on Wednesday said there was a need to revise prices to reduce the huge subsidy burden and bring down the fiscal deficit.
Source: India Business News | Business News - Times of India | 22 Feb 2012 | 3:18 pm
Led by banking major State Bank of India, the Indian market witnessed its first major correction in about four weeks, with the sensex falling 283 points to close at 18,145.
Source: India Business News | Business News - Times of India | 22 Feb 2012 | 3:15 pm
Promoters of private power projects, facing fuel shortage due to a drastic fall in output from Reliance Industries Ltd’s Andhra offshore field, on Wednesday asked the government to divert gas from other fields being supplied to non-priority sectors for generating electricity.
Source: India Business News | Business News - Times of India | 22 Feb 2012 | 3:13 pm
The government is changing the policy for future showpiece ultra-mega power projects (UMPP) that enjoy the benefit of assured domestic coal mines to make it mandatory for promoters to buy a certain percent of equipment from domestic manufacturers.
Source: India Business News | Business News - Times of India | 22 Feb 2012 | 3:11 pm
(Reuters) - Santarus Inc and Depomed Inc said they settled a patent dispute with generic drugmaker Lupin Ltd that will allow the Indian company to launch copycat version of their diabetes drug Glumetza by 2016.
Source: Reuters: Money News | 22 Feb 2012 | 3:03 pm
Hero is fuelling up for a power ride on global roads and take on the likes of Ducati, Suzuki, Honda and Yamaha in the top-end of the bike market.
Source: India Business News | Business News - Times of India | 22 Feb 2012 | 2:57 pm
Dubai-based telecom major Etisalat on Wednesday decided to exit from India and will shut the operation of its Indian arm Etisalat DB.
Source: India Business News | Business News - Times of India | 22 Feb 2012 | 2:54 pm
WASHINGTON (Reuters) - The Obama administration on Wednesday proposed a plan to revamp the U.S. corporate tax system, slashing the top tax rate to 28 percent, while eliminating many loopholes that companies rely on to cut their taxes.
Source: Reuters: Money News | 22 Feb 2012 | 2:46 pm
LONDON (Reuters) - Away from the markets' fixation with the debts of Greece and other governments, concern is growing at the painfully slow progress Europe is making in tackling a much bigger mountain of corporate and household debt.
Source: Reuters: Money News | 22 Feb 2012 | 11:23 am
LAGOS (Reuters) - South Africa-based Econet Wireless is seeking at least $3.1 billion in damages from Bharti Airtel in a dispute over ownership of Airtel Nigeria, according to a suit Econet said it had filed on Wednesday.
Source: Reuters: Money News | 22 Feb 2012 | 10:27 am
NEW DELHI/MUMBAI (Reuters) - State Bank of India, the country's top lender, has not extended further loans to debt-crippled Kingfisher Airlines, a bank official said, denying reports that the state-owned creditor was close to offering a lifeline.
Source: Reuters: Money News | 22 Feb 2012 | 9:24 am
NEW DELHI (Reuters) - United Arab Emirates telecom operator Etisalat on Wednesday said it would shut down the operations of its Indian joint venture, three weeks after the Supreme Court cancelled the affiliate's licence amid a corruption probe.
Source: Reuters: Money News | 22 Feb 2012 | 9:20 am
NEW DELHI (Reuters) - Aakash, the "$35" computer launched last year in India as the world's cheapest tablet, has run into problems and companies will be invited to bid again to make the device after complaints of poor performance and hiccups rolling out a pilot model.
Source: Reuters: Money News | 22 Feb 2012 | 8:16 am
State Bank of India , the country's top lender, has not given fresh loans to debt-crippled Kingfisher Airlines , an official said, denying reports that the state-owned creditor was close to offering a bailout loan package.
Source: Moneycontrol Business News | 22 Feb 2012 | 8:06 am
The State Bank of India said on Wednesday that it had no plans of sanctioning fresh loans for the cash-strapped Kingfisher Airlines "at this point".
Source: Moneycontrol Business News | 22 Feb 2012 | 8:04 am
Etisalat's Indian joint venture will shut down its mobile phone network after the country's top court ordered all telecoms licences issued under a scandal-tainted 2008 sale be revoked in four months, including those held by the UAE carrier's joint venture.
Source: Moneycontrol Business News | 22 Feb 2012 | 7:52 am
Anil Ambani group firm Reliance Infratel (RITL) today approached telecom tribunal TDSAT, seeking to recover Rs 1,200 crore from Etisalat DB which had taken its telecom infrastructure on lease.
Source: Moneycontrol Business News | 22 Feb 2012 | 7:47 am
Reliance Brands, part of Mukesh Ambani's Reliance Industries, has partnered with Iconix Brand Group to sell the US company's fashion and home brands in India.
Source: Moneycontrol Business News | 22 Feb 2012 | 6:22 am
NEW DELHI (Reuters) - The government has formally allowed local airlines to import jet fuel directly, it said in a statement on Wednesday, in a major policy move expected to bring down costs for debt-laden carriers.
Source: Reuters: Money News | 22 Feb 2012 | 6:04 am
Meeting a key demand of the ash-strapped airline industry, the government today issued the notification allowing private airlines to import jet fuel
or ATF directly.
Source: Moneycontrol Business News | 22 Feb 2012 | 6:01 am
MUMBAI (Reuters) - The BSE Sensex closed down on Wednesday, reversing early gains, as investors turned cautious and booked profits after a recent rally that pushed up the index to its highest close in nearly seven months in the previous session.
Source: Reuters: Money News | 22 Feb 2012 | 5:43 am
Top executives of private power companies, including Anil Ambani and Cyrus Mistry, today discussed various issues faced by the sector with the high- level panel headed by Prime Minister's Principal Secretary Pulok Chatterji.
Source: Moneycontrol Business News | 22 Feb 2012 | 5:17 am
The travel and tourism Industry in India is truly handicapped, says Madhavan Menon, Managing Director of Thomas Cook (India).
Source: Moneycontrol Business News | 22 Feb 2012 | 5:08 am
Econet Wireless is seeking at least USD 3.1 billion in damages from Bharti Airtel in a dispute over ownership of its subsidiary Airtel Nigeria, according to a suit filed on Wednesday.
Source: Moneycontrol Business News | 22 Feb 2012 | 4:30 am
CNBC-TV18 learns that Cairn India is currently evaluating opportunities in Uganda, where the government is likely to put on offer oil blocks next month.
Source: Moneycontrol Business News | 22 Feb 2012 | 3:45 am
State Bank of India , the country's top lender, has not given fresh loans to debt-crippled Kingfisher Airlines , an official said, denying reports that the state-owned creditor was close to offering a bailout loan package.
The State Bank of India said on Wednesday that it had no plans of sanctioning fresh loans for the cash-strapped Kingfisher Airlines "at this point".
Etisalat's Indian joint venture will shut down its mobile phone network after the country's top court ordered all telecoms licences issued under a scandal-tainted 2008 sale be revoked in four months, including those held by the UAE carrier's joint venture.
Anil Ambani group firm Reliance Infratel (RITL) today approached telecom tribunal TDSAT, seeking to recover Rs 1,200 crore from Etisalat DB which had taken its telecom infrastructure on lease.
Reliance Brands, part of Mukesh Ambani's Reliance Industries, has partnered with Iconix Brand Group to sell the US company's fashion and home brands in India.
Meeting a key demand of the ash-strapped airline industry, the government today issued the notification allowing private airlines to import jet fuel
or ATF directly.
Top executives of private power companies, including Anil Ambani and Cyrus Mistry, today discussed various issues faced by the sector with the high- level panel headed by Prime Minister's Principal Secretary Pulok Chatterji.
The travel and tourism Industry in India is truly handicapped, says Madhavan Menon, Managing Director of Thomas Cook (India).
Econet Wireless is seeking at least USD 3.1 billion in damages from Bharti Airtel in a dispute over ownership of its subsidiary Airtel Nigeria, according to a suit filed on Wednesday.
CNBC-TV18 learns that Cairn India is currently evaluating opportunities in Uganda, where the government is likely to put on offer oil blocks next month.
