Money Control India Financial News

It was another lacklustre trading session today with the indices stuck in a tight range. The Nifty ended the day at 5,116, up 14 points, while the Sensex shut shop at 17,098, up 45 points.

You can fly from Chennai to Kuala Lampur for a mere Rs 3,000. AirAsia is creating turbulence in the lowcost market by pricing tickets at nearly onefourth the price charged by other airlines.

Big ticket realty initial public offerings have pressed the caution button on the back of poor listings recently and the Securities Exchange Board of India\'s new mandate for qualified institutional bidders

In an exclusive interview to CNBCTV18, the three heirs of the Ashok Piramal group: Rajeev Piramal, Nandan Piramal, and Harsh Piramal spoke about the textile business, real estate and the entertainment business.

Venture capital fund, Sequoia Capital India is set to become a promoter of India\'s largest microfinance institution, SKS Microfinance, reports CNBCTV18, quoting Mint.

PG has taken the next step in the laundry segment battle with Hindustan Unilever. The FMCG giant has implemented a further drop in tide natural prices by increasing the grammage of the pack, reports CNBCTV18�s Tanvi Shukla.

The National Stock Exchange (NSE) has signed a crosslisting pact with the Chicago Mercantile Exchange, reports CNBCTV18\'s Mrinalini Krishna

It was another lacklustre trading session for markets on Wednesday with the indices stuck in a tight range. The Nifty ended the day at 5,116, up 14 points, while the Sensex shut shop at 17,098, up 45 points. The breadth continues to be weak at 1:2 in favour of declines. Volumes too were extremely lacklustre at Rs 83,400 crore.

In an interview with CNBCTV18, Saravanan K, Sushil Global Commodities gave his strategy on crude and gold.

There is a sense of deja vu when you read the latest economic survey. It states and I quote �the government should channelise the country�s savings for infrastructure development on a large scale.� I have this niggling suspicion that such pronouncements are made from time to time but with no real action and my suspicion is not misplaced.

The 332,243,200 equity shares followon public offer of NMDC, a navratna public sector undertaking, opened for subscriptions today. The price band for the issue, which will close on March 12, 2010, has been fixed at Rs 300350 per share.

Bosch loses $60.4m rev in February due to Bangalore strike The Bosch Group has lost USD 60.4 million in revenue in February alone due to the strike at its factory at Naganathpura in Bangalore.