From: tubaah on Tue, Mar 29 2011 8:32 PM

Ajay Swarup, MD at Globus Spirits says both distilleries are running at expanded capacity. Earlier, the capacity was 15 million litres per annum and post expansion, they are producing 35 million litres per annum. The alcohol market is witnessing a surge in demand.

From: tubaah on Tue, Mar 29 2011 8:31 PM

The Enforcement Directorate has submitted is report on the 2G case and told the Supreme Court that it is investigating whether fund flow from DB Realty to Kaliagnar TV was loan or a bribe. Two other companies Unitech and Loop telecom are also under the scanner.

From: tubaah on Tue, Mar 29 2011 8:31 PM

The CBI has arrested two more people, including Shahid Balwa’s brother Asif Balwa and DB Realyty official Rajiv Aggarwal, for their alleged involvement in the 2G scam. The CBI is trying to tie up the money trail in the 2G scam and Rs 214 cr rupee loan to DMK's Kalainger TV from a subsidair...

From: tubaah on Tue, Mar 29 2011 8:31 PM

RIL has joined hands with US-based hedge fund company DE Shaw. RIL aims to capture market share in asset management, brokerage and other financial services with this joint venture.

From: tubaah on Tue, Mar 29 2011 8:30 PM

Harm Bandholz, chief US economist at Unicredit Research is bullish on the increased consumer spending in the US economy. The consumer expenditure will continue to expand at more than 3% for remaining part of this year.

From: tubaah on Mon, Mar 28 2011 4:34 PM

C S Verma, Chairman of SAIL says hot rolling steel prices have dipped $25-30 per ton in the last 2-3 weeks on account of Japan’s devastating quake. However, raw material prices have been rising, also demand from Japan is likely to go up so in the long term prices will moderate.

From: tubaah on Sat, Mar 26 2011 11:06 AM

Finance minister Pranab Mukherjee says fluctuation in oil prices is a matter of concern. The Libyan crisis will add to uncertainty. Fiscal deficit may worsen on high oil prices.

From: tubaah on Fri, Mar 25 2011 10:24 AM

Sanjeev Zarbade SR VP at Kotak Securities says the open offer of Siemens is attractive. The offer price is 31 times the current year earnings. The stock has traded at rich multiples during the boom time.

From: tubaah on Thu, Mar 24 2011 1:44 AM

Religare Capital Markets CEO, Tarun Kataria says solution of the Libyan crisis will take pressure off oil. He sees a spending boom in Japan and expects the market to take a positive direction in 4-6 weeks.

From: tubaah on Thu, Mar 24 2011 1:44 AM

Raghavji, finance minister of Madhya Pradesh says the state government was not consulted before introducing Constitutional Amendment Bill on GST in Parliament. It is an infringement on the rights of the state.

From: tubaah on Thu, Mar 24 2011 1:44 AM

NC Jha, chairman Coal India says the company awaits nod of the coal and the environment ministry for starting production from its its 154 projects spread over 26,000 hectares. The company is holding discussions with the government.

From: tubaah on Thu, Mar 24 2011 1:44 AM

Prakash Diwan of Networth Stock Broking says though things are looking up, markets are not likely to remain up for long because selling is not over completely. Havells (target of 410) and BEML (target of 850) are his top picks.

From: tubaah on Thu, Mar 24 2011 1:44 AM

Ranak Merchant, senior technical analyst at Sushil Financial Services says Alok Industries will gain momentum after reaching Rs 24 level. Price of Rs 19-20 offers good support to the stock at monthly levels.

From: tubaah on Thu, Mar 24 2011 1:43 AM

M&M is working on the R&D integration of its facilities. M&M wants to focus on rationalising the product platforms of M&M and Ssangyong and reduce the overall costs over the next five years. The company intends to invest close Rs 3,000 crore to Rs 4,000 crore on its R&D facilities.

From: tubaah on Mon, Mar 21 2011 6:17 PM

US billionaires Bill Gates and Warren Buffet will urge India’s super-wealthy to donate their wealth. While they have got American billionaires to commit to the pledge of philanthropy, it might be a bit harder with India’s crorepatis.

From: tubaah on Mon, Mar 21 2011 6:17 PM

Pronab Sen, pricipal advisor, Planning Commision says the inflation risk has receded. The RBI inflation forecast of 8% is cautious and the target is manageable.

From: tubaah on Mon, Mar 21 2011 6:17 PM

Prayesh Jain of IIFL says the decline in gas output from Reliance’s KG-D6 basin would translate into lower earnings per share for FY12 and FY13. For FY12, an EPS of Rs 70 can be expected.

From: tubaah on Mon, Mar 21 2011 6:16 PM

Atul Kumar Rai, CEO & Managing Director of IFCI on allegations that the company is secretly trying to acquire shares of TFCI.

From: tubaah on Mon, Mar 21 2011 6:16 PM

Adi Godrej, Chairman of Godrej Group says FMCG companies are likely to do well in the coming months and Godrej Consumers is looking at acquisitions both in India and abroad.

From: tubaah on Sun, Mar 20 2011 5:20 PM

Mint Money editor Monika Halan and NDTV editor of special programming Manisha Natarajan chart wise ways to manage the healthcare bills.