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Warrants, partly-paid shares may lose attraction for FIIs
Warrants and partly-paid shares may lose sheen among foreign investors as there is a cloud of uncertainty over the recent prohibition on their issuance to
Rupee rises to 18-month high on strong foreign fund flows
Continuing its rally against the dollar, the rupee on Monday gained 46 paise against the greenback to close at 44.44, a level last seen in 18 months ago, in September

Mock auction for 3G goes off smoothly
The mock auction for third-generation (3G) mobile services and broadband wireless access held on Monday was called off after four rounds of bidding once the participants expressed satisfaction with the online

Power sector trips on welders shortage
Unless something is done, and fast, the immediate future of the Indian power sector might be akin to the proverbial battle that was lost for want of a horseshoe

Scanty blossom showers may hit arabica prospects
A section of coffee growers is of the view that scanty blossom showers in mid-March and March-end may have impacted about 10-15 per cent of the estimated arabica crop in

India funds attract moderate inflows
Sensex may have put in the second best quarterly returns (in dollar terms) among its BRIC peers, but global investors havent been that enthused by

Geithner will press case for US finance cos
The US Treasury Secretary, Mr Timothy F. Geithner, is visiting India for two days, starting April 6. He is scheduled to have meetings with the Prime Minister, Dr Manmohan Singh; the Finance Minister, Mr Pranab Mukherjee; and the Planning

Biocon to buy out Cuban partner in joint venture
Biocon Ltd said it would buy out the 49 per cent equity stake of its Cuban partner CIMAB S.A. in their seven-year-old joint venture, Biocon Biopharmaceuticals P Ltd. Its note to the bourses did not disclose payment and other

Volatile rupee, expansion costs may tell on IT cos Q4
Strong cross currency movements, coupled with expansion-related spends, may cause top IT exporters to report average sequential growth of around 1 per cent in net profit for the fourth quarter ended March 31, analysts

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