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	:: News & Events ::
	Date : Mon, 15 Mar 2010 23:26:22 GMT March 1618: Events to watch out for March 1618: Events to watch out for Date : Mon, 15 Mar 2010 23:22:46 GMT Medical Council to crack whip on pharmadoctor nexus Here\'s a Beware impact. A week after Beware uncovered a nexus between pharma companies and doctors, the Medical Council of India is ready to crack the whip, reports Neha Bothra and Avni Raja. Date : Mon, 15 Mar 2010 23:14:34 GMT Crisil lowers bad loan forecast for Indian banking sector Stronger than expected recovery of the Indian economy has made leading rating agency Crisil lower its bad loan forecasts for the Indian banking sector, reports CNBCTV18\'s Vidhi Godiawala. Bad loans have been rising in the Indian banking system, despite generous restructuring. Date : Mon, 15 Mar 2010 23:07:48 GMT SC stays CBI probe into forex derivative case The Supreme Court has stayed the Central Bureau of Investigation (CBI) probe into the forex derivative case. It was the Orissa High Court which had asked for a CBI investigation into banks allegedly misselling derivatives. Date : Mon, 15 Mar 2010 22:58:40 GMT Persistent Systems eyes Rs 167cr from IPO Get ready for the second IT listing of the year. Midcap IT firm Persistent Systems is all set to hit the street with an initial public offering, on March 17, reports CNBCTV18\'s Kritika Saxena. Date : Mon, 15 Mar 2010 22:37:54 GMT MM inaugurates Rs 5k cr Chakan plant Mahindra Mahindra (MM) has inaugurated its Rs 5,000 crore Chakan facility one it calls the world\'s most ecofriendly plant. CNBCTV18\'s Swati Khandelwal Jain reports on why this is a milestone for both MM and the state of Maharashtra. Date : Mon, 15 Mar 2010 22:20:50 GMT Approval for about 200 int\'l universities awaited: Sources The Cabinet today approved a long pending bill to allow the setting up of foreign universities in India. CNBCTV18\'s Kritika Saxena reports on what does this mean for foreign universities and will this lead to an increase of corporates entering education. Date : Mon, 15 Mar 2010 22:00:22 GMT Mkts kickstart week on quiet note, Nifty ends 8 pts lower The markets have begun the week exactly how last week was trading in a narrow range. The Nifty closed eight points lower with the Sensex down one point. IT stocks outperformed today, with the Big Four tech companies all putting on between 1% and 2% each. Date : Mon, 15 Mar 2010 21:47:46 GMT Findings of special audit validate co\'s position: Bharti In the Department of Telecom (DoT) ordered special audit on Bharti Airtel, auditors Contractor, Nayak Kishnadwala, in a 306 page report have quantified the licence fee impact on distributor margins. The total impact for FY07 and FY08 has been estimated at Rs 98 crore. Date : Mon, 15 Mar 2010 21:47:44 GMT SEBI extends ASBA to MFs, reduces NFO period to 15 days The Securities and Exchange Board of India (SEBI) has brought in sweeping changes for the mutual fund industry. These include, for starters, a cut in the new fund offer period to 15 days and tighter corporate governance norms. Date : Mon, 15 Mar 2010 21:31:26 GMT Insurance premiums to harden across sectors: Marsh report Insurance premiums are likely to harden across most sectors in India, says a report by insurance broker and risk advisor Marsh. Date : Mon, 15 Mar 2010 19:45:06 GMT Don?t buy Jubilant Food, Man Infra at current levels: Irani Mehraboon Irani, Centrum Broking is of the view that one should not buy Jubilant Food, Man Infraconstruction at these levels. Date : Mon, 15 Mar 2010 19:42:01 GMT 5100 call seeing a bit of unwinding The thing that stood out in today?s trade was the PCR but for the Nifty we saw the premium coming down significantly, that?s on adjustment, the last traded premium was close to 2 points or so just about Rs 7,800 crore of turnover for Nifty futures. Date : Mon, 15 Mar 2010 19:36:53 GMT See crude falling to $78 in nearterm: Anand Rathi In an interview with CNBCTV18, Kishore Narne, VP, Anand Rathi Commodities gave his strategies for the day. Date : Mon, 15 Mar 2010 19:29:14 GMT Radico Khaitan\'s QIP opens today, plans to raise $4075m Radico Khaitan\'s qualified institutional placement (QIP) is going to open today. The company plans to raise USD 4075 million via the QIP. The issue is priced at Rs 118.19 per share. IDFCSSKI, UBS are the bankers to the QIP.

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