The Indian government has finalized the winner of Indian rupee symbol contest and out of five finalist one Mr. D. Udaya Kumar, a post-graduate student from Indian Institute of Technology Bombay have won the contest. Mr. Kumar said he was honored to have won. The cabinet approved his design which ...

Fortune magazine has comes out with latest list of the world's 500 largest companies for 2010, and India got its share with 8 companies on the list includes Indian Oil Corporation (IOC), Reliance Industries Limited (RIL),Tata Steel, Tata Motors, Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), ONGC ...

State-owned NTPC has scrapped its plans to set up a 4,000-MW power plant in Uttar Pradesh over differences with the state government, and instead moved the coal-fired project to Barethi in Madhya Pradesh. The Madhya Pradesh government has assured land, water and fuel for the project and NTPC is currently ...

United Stock Exchange (USE), the upcoming exchange for trading financial instruments all over India, has received authorization from the Reserve Bank of India (RBI) to start operations. This will be India's newest stock Exchange. Opening of USE marks the beginning of a new chapter in the development of Indian financial ...

Forbes India is an online source for the latest business and financial news and analysis. Covering personal finance, lifestyle, technology and stock markets. The magazine has come out with its latest 20 stocks portfolio for Indian investors for the year 2010. The immediate focus is to preserve capital, while aiming ...

The two Anil Dhirubhai Ambani Group (ADAG) company Reliance Natural Resources (RNRL) and Reliance Power (RPower) will merge in a ratio of 4:1. After the merger, shareholder of RNRL will get one share of RPower for every four shares of RNRL held on the record date which will be announced ...

The big Bull of Indian Stock Markets Rakesh JhunJhunwala is also known as Indian Warren Buffett. He invested in many shares either in his own name and or in name of his wife Rekha Jhunjhunwala. The list of Stocks in Which the big bull have invested his money is given ...

The hot news of today is the merger of two ADAG companies, Reliance Natural Resources( RNRL ) and Reliance Power. The merger is likely to be finalized on 4th July 2010 on the Board of Directors Meeting. These two companies were demerged from Reliance Industries. The announcement is significant as ...

Indian Warren Buffett , billionaire investor Rakesh Jhunjhunwala, have increased its stake in VIP Industries and acquired 3.75 lakh shares representing 1.3% equity stake on 22nd June 2010. Now his total stake in the company has increased to 5.8% of the total issued paid up capital, earlier which was 4.5%. VIP ...

Larsen & Toubro (L&T) is a technology-driven USD 8.5 billion construction company that infuses engineering with imagination. Six out of its eight executive directors on the board are retiring within three years, including chairman & managing director AM Naik, who is retiring in Sep 2010. Global consultant McKinsey & Company ...