Fortis plans to raise $185 million

Fortis plans to raise $185 millionOn Tuesday, ch

Indo-ASEAN below potential, says S&P

Indo-ASEAN below potential, says S&PWhile commercial relationship between India and other regions seem to be becoming normal. The same can not be said about Indo-ASEAN relations. That is what the recent survey published by Standard & Poor's (S&P).

In its report, S&P has said that the increase in trade and investment between India and the trading block of Asia is falling way below its full potential.

IIFA won’t see the screening of Raavana

Mani-RatnamThe much-awaited movie, Mani Ratnam's Raavana will not be screened in the upcoming 11th India International Film Academy (IIFA) awards.

This announcement was made by Mani Ratnam as he strictly stood with his point that the event which is to happen in Sri Lanka will not get to see the movie.

The reason he gave was that the movie is not yet complete. He was speaking to the media on the sidelines of the inaugural event organized by NAAM, a voluntary organization.

Abhishek Bachchan and Aishwarya Rai are playing the lead roles in the movie.

Asset quality of Indian banks may deteriorate, says Crisil

Asset quality of Indian banks may deteriorate, says CrisilRating agency, Crisil said that the Indian banks may see a fall in their asset quality. This will, it said, be followed by an increase in the collective gross non-performing assets (NPAs) of the banks.

In its latest research report published, it said that the NPA ratio is expected to increase to 3.6 per cent during 2010-11. This will be higher than 2.3 per cent that they had in 2008-09.

TRAI recommends changes in selling guidelines

TRAIOn Tuesday, the telecom regulator, Telecom Regulatory Authority of India (TRAI) said that it has recommended the ending of restrictions on companies that want to sell out.

This, TRAI said, will bring about consolidation in the Indian telecom market, which is one of the fastest growing in the world.

The current regulations do not allow companies to sell majority stake in the first three years period of their license. These are applicable to the ongoing auctioning of the 3G spectrum as well.

Discovery shuttle set to return back to Earth

Discovery shuttle set to return back to EarthNationa

Pages

News in Focus

IndusInd Bank Share Price Jumps 1.6 Percent; Immediate Resistance in Rs 890 - 910 Range

IndusInd Bank Shares were trading 1.6 percent higher on Monday and the stock is showing strength at current levels on technical charts.

Esports Betting Could Get Approval from Pennsylvania Lawmakers

Esports wagering is racing toward mainstream legitimacy, and Pennsylvania lawmakers want in on the action. State Rep.

Celebrities Banned from Promoting Online Betting in Romania

Online gambling advertising in Romania faces a decisive overhaul.

EGT Digital Expands in Italian Market with Online Casino Fastbet

Online gambling supplier EGT Digital has broadened its reach in Italy through a content agreement with Replatz, the operator behind the Fastbet brand.

Radico Khaitan Share Price Target at Rs 3,090: Sharekhan Research

Radico Khaitan Ltd (RKL), one of India’s leading spirits companies, has received a reaffirmed ‘Buy’ recommendation from Mirae Asset Sharekhan, with a revised price target (PT) of Rs 3,090.

Marina Bay Sands (MBS) and Resorts World Sentosa Could See Major Investments: Morgan Stanley Report

Singapore’s casino duopoly is preparing for its most ambitious expansion since the city-state first embraced integrated resorts 14 years ago.