Abbott Laboratories

Plans of companies to issue partly paid-up equity shares to foreign investors have been brought to a halt by the FIPB (Foreign Investment Promotion Board). The reason is absence of any such provision in FDI [...]

Mangalore Refinery and Petrochemicals Ltd. (MRPL), the largest petroleum refiner of India and the subsidiary of ONGC, today posted a net loss of Rs 285.14 crore for the quarter ended on December 31, 2008. The [...]

Securities and Exchange Board of India (SEBI)- the stock market regulator with a view to bring some transparency in the system has made it compulsory for the promoters to disclose all the share details currently [...]

As informed by a Finance Ministry official, Non-Banking Finance Companies (NBFCs) and Asset Financing Companies (AFC) may get a credit line of Rs.5000 crore. As part of second stimulus package, decision to provide assistance to [...]

An investigation into the role played by some bear operators in pulling shares down abruptly is being carried out, on orders from SEBI (Securities and Exchange Board of India). This is in wake of the [...]

The Government has declared an extension of six month period for the repayments in Farm Loan Waiver Scheme. This is believed to enable banks keep lesser money for non-performing loans. Also, the expectations of another [...]

Palasa, the biggest cashew market in Andhra Pradesh is seeing a change in the way producers manufacture cashews. Several of the producers have shifted from drum roasting method to boiler cooking, as the former leads [...]

Harsh Goenka, the man leading RPG group, a Rs.13,500 crore group is looking forward to put in Rs. 20,000crore, which would be spread over the coming three years. The plans of expansion come, when the [...]

In a move which many believe as an attempt to spare his legacy of the ignominy of having the largest two automobile giants going bankrupt, US President George W Bush has offered a rescue package [...]