Market Bureau

KFA will resume payment of staff salaries

Chairman and managing director, Vijay Mallya, said in a letter to employees today that Kingfisher Airlines [stockquote]KFA[/stockquote] will resume payment of staff salaries starting this week after tax authorities unfroze its bank accounts. Mallya sent...

Star outbid Sony, Win Six years brodcasting rights for $757.6 million

Rupert Murdoch controlled Star have outbid Multi Screen Media, a subsidiary of Sony to secure broadcasting right for next six years for $757.60 mn (Rs. 3850 Cr). Total of 96 matches would be covered in...

HCL Info tie-up with Dyarco International

HCL Info[stockquote]HCL-INSYS[/stockquote] has tie-up with Dyarco International WLL, a business consultancy and subsidiary of Al Faisal Holdings launched operations in Qatar. The company will offer a spectrum of ICT products that include computing, storage, networking,...

Maruti post record monthly sales in March

Maruti Suzuki [stockquote]MARUTI[/stockquote]India has reported the highest-ever monthly sales in March at 1,25,952 units, up 3.28 per cent from the same month last year. The company’s earlier highest for total and domestic sales stood at...

CA Technologies Appoints Sunil Manglore as VP India

CA today announced that industry veteran Sunil Manglore has been appointed Vice President, CA Technologies, India. Bringing more than 20 years of IT and Telecom experience to the company, Sunil reports in to Lionel Lim,...

ITW Sexton Names Ashish Badjatia India Country Manager

ITW Sexton, a world leader in the production of high-pressure aerosol cans, has hired Ashish Badjatia to manage the company’s sales and marketing activities throughout India. He will be based in Pittsburgh, and will oversee...

Banyan Tree Infomedia Launches coupons109.com

One of India’s fastest growing e-media companies, Banyan Tree Infomedia, has announced the launch of yet another website. The site is called coupons109.com and is aimed at making everyone’s experience on the internet, that much...

Getit Enables Seamless Presence for SME

Getit, leader in directional search and pioneer of Yellow Pages in India, enables Seamless Presence for SME’s Across Web, Mobile and Social Media. The new platform powers SMEs’ across Internet, Mobile and Social Media that...

Market rises on P-Notes Clarification

Finance Minister Mr Pranab Mukherjee’s clarification on participatory notes is welcomed and market posted a gain of more than 2% on all round buying. Today’s clarification holds significance as market were under considerable pressure recently...

EIL & Nalco Water enters in to pact

Engineers India Limited (EIL) and Nalco Water India Limited (NWIL), a subsidiary of Nalco, an Ecolab Company have signed a memorandum of understanding (MoU) to synergize and integrate the product and service offerings of the...

MT Educare IPO oversubscribed 4.6X

Education support and Coaching service provider MT Educare’s IPO oversubscribed 4.6x backed by QIB and HNI. IPO of MT Educare which opened on March 27 for subscription is in to education sector which provides coaching...

Markets end in marginal red on expiry day

Market closed in negative on the last day of March expiry. After opening gap down it traded most of the day in red trying to recover at the end but could not recoup fully. NIFTY...