Here is a quick synopsis of the major business news and stock market news in the quarter that’s just gone by. Major Business Reforms The much awaited 3G auction was completed with Indian goverment getting a bonanza of a trillion rupees (Rs 1 lakh crore), much above the expected revenues from the...

October 31, 2009 :: Daily Indian Stock Market News CIT Group, a top american lender which lends to small businesses across USA, filed for bankruptcy protection under Chapter 11. In terms of the asset value the CIA stands as the fifth biggest bankruptcy case with more than $71 billion. Ford India announced...

October 27, 2009 :: Daily Indian Stock Market News RBI lowered the economic growth projection to 6 per cent from the 6.5 percent projected three months ago. At the same time, the forecast on inflation based on the wholesale price index was raised to 3 percent, as against 1.6 percent estimated earlier. National...

October 20, 2009 :: Daily Indian Stock Market News The Krishna-Godavary basin gas-supply dispute between RIL and RNRL comes to hearing from today onwards. RIL has been named as one of the top 25 global champions for the year 2009 as it gave good returns to investors amidst global economic slowdown. The...

Hitachi Home & Life Solutions announced very good results with its bottom line showing a smart 77% growth. Sales also rose by 35%. Sales: Rs.131.06 Cr vs Rs.97.27 Cr (35% up) Net Profits: Rs.8.75 Cr vs Rs.4.94 (77% up) OPM: 8.41 % vs 7.85% (7% up) Balaji Telefilms announced disappointing results...

October 16, 2009: Indian Stock Market News NDTV Network, a group company of New Delhi Telivision (NDTV), announced that it will buyback the the 26% share that NBC Universal has in PLC. The financial details of the buyback deal have not been announced. On Thurday, the last day of the public issue of...