China deal with Morgan Stanley
While the success of such deals as the China Investment Corporation’s stake acquisition in Morgan Stanley can only be determined over time, the way in which the Chinese are utilising American-trained financial expertise to turn the tables on th e US’ distressed giants is an object lesson to India’s political bureaucracy, points out S. VENKITARAMANAN.Source: Business Line - Home Page | 31 Dec 2007 | 12:00 am
Today's Pick: Bosch Chassis Sys (Rs 420.10)
We recommend a buy in Bosch Chassis Systems India. From the charts of the Bosch Chassis Systems we see that it had been on a medium-term downtrend between June and October (from Rs 600 to Rs 350). However, the stock found support at around Rs 350 ...Source: Business Line - Home Page | 31 Dec 2007 | 12:00 am
Ford India moves into profit lane; Hyundai net slides
Both cos skip dividend; Korean major pays royalty fees to parentSource: Business Line - Home Page | 31 Dec 2007 | 12:00 am
Recovery agents: Guidelines may open a Pandora’s Box
It may impinge on the autonomy of banks or inhibit their effortsSource: Business Line - Home Page | 31 Dec 2007 | 12:00 am
Short-term outlook remains bullish
Analysts, economists have mixed viewsSource: Business Line - Home Page | 31 Dec 2007 | 12:00 am
Day trading guide
The analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss ...Source: Business Line - Home Page | 31 Dec 2007 | 12:00 am
Thorough knowledge needed for proper judgment in Spectrum: FM
Finance Minister P Chidambaram said the judiciary should have a thorough knowledge about Spectrum allocation for rendering a proper judgement in the issue.Source: Daily News & Analysis: Money News | 30 Dec 2007 | 2:29 pm
GAIL plans Rs 1,200 cr Dabhol-Banglore pipeline
GAIL India said it has plans to lay a pipeline from Dabhol to Bangalore at an estimated cost of Rs 1,200 crore and covering a distance of about 780 kilometers.Source: Daily News & Analysis: Money News | 30 Dec 2007 | 12:56 pm
Farmers abandoning opium cultivation in Uttar Pradesh
What was once considered a lucrative cash crop, opium cultivation has become a losing proposition in Uttar Pradesh.Source: IndiaeNews.com: Business News | 30 Dec 2007 | 12:33 pm
Kerala to have mobile crematorium
Finding a piece of land for cremation has always been a problem in Kerala. Proposing a solution to this, the High Tech Seals Pvt Ltd, which also produces automotive parts, plans to introduce a mobile crematorium fuelled by liquid petroleum gas (LPG) here on the outskirts of Kochi.Source: IndiaeNews.com: Business News | 30 Dec 2007 | 11:34 am
Judges of reality shows now on big screen
Lyricist Javed Akhtar, music director Lalit Pandit (of erstwhile Jatin-Lalit duo) and singer Alka Yagnik, often seen as judges on reality shows of various TV channels, have now donned the grease paint.Source: IndiaeNews.com: Business News | 30 Dec 2007 | 11:32 am
Airtel launches upgrade to SMS services
Telecom major Bharti Airtel on Sunday said it has tied up with global mobile media company Affle to offer its 55 million users an uprgraded version of SMS service.Source: Daily News & Analysis: Money News | 30 Dec 2007 | 11:05 am
Brand Reliance-- Numero Uno of Indian bourses
Just about 30 years on bourses, and yet the Reliance brand is ruling over the 125-year-old Indian stock market, while the year 2007 saw this dominance further growing.Source: Daily News & Analysis: Money News | 30 Dec 2007 | 11:02 am
Robust growth, India Inc spreads wings overseas
India's economy is set to turn this year on the wings of an enviable 9 percent growth with the government keeping its faith with reforms.Source: Daily News & Analysis: Money News | 30 Dec 2007 | 10:11 am
Shemaroo inks $6.6-million satellite deal with Zee
Shemaroo Entertainment Pvt Ltd, one of India's largest aggregators of movies for broadcast, has entered into a 10-movie deal with Zee TV worth Rs.260 million ($6.6 million) for satellite broadcast.Source: IndiaeNews.com: Business News | 30 Dec 2007 | 10:02 am
2007 fades out on buoyant note for entertainment
Detours from convention, digitisation and a ringing till! Bollywood never had it so good.Source: IndiaeNews.com: Business News | 30 Dec 2007 | 10:00 am
Houses for middle class remains a dream
Property developers turned billionaires this year as they mopped up money from the bourses, but the middle class failed to find a decent place to live in cities.Source: Daily News & Analysis: Money News | 30 Dec 2007 | 9:17 am
On back of robust growth, India Inc spreads wings overseas
India's economy is set to turn this year on the wings of an enviable 9 percent growth with the government keeping its faith with reforms despite leftwing opposition and a takeover-hungry corporate India distinguishing itself with record mergers and acquisitions valued at over $65 billion.Source: IndiaeNews.com: Business News | 30 Dec 2007 | 9:02 am
Leaders to work through the year end
As the holiday spirit gets to even the hardened workaholic, it has had no effect on the top politicians across party lines. With one or two exceptions, they prepare to welcome the New Year by workingSource: Business Standard | Front Page Headlines | 30 Dec 2007 | 12:29 am
Indian Pharma giants change strategy
Indian pharmaceutical majors, such as Ranbaxy Lab and Dr Reddy's, are changing their tactics to concentrate on brand acquisitions and strategic investments rather than risky big ticket cross-borderSource: Business Standard | Front Page Headlines | 29 Dec 2007 | 6:30 pm
Rs 30,000 cr for Euro IV norms
Oil firms earmark funds to upgrade quality ??Source: Business Standard | Front Page Headlines | 29 Dec 2007 | 6:30 pm
Tatas on fast track
They may well be making Jaguars and Land Rovers soon, but CNBCTV 18\'s Indira Kannan reports that the Tatas are eyeing business beyond that in Detroit. The automotive sector will be a major focus area for the Tata group in the United States in 2008 and that\'s regardless of the final decision in the sale of Ford\'s Jaguar and Land Rover units.Source: Moneycontrol Top Headlines | 29 Dec 2007 | 1:11 pm
2007: The year in review
Its been a mixed bag of the good, the bad and the ugly for India Inc for the past 12months. 2007 will be remembered as the year when when the rupee climbed a record 11% against the US dollar, Sensex hit 20,000, asset prices and inflation hit record highs. But through all this, corporate India proved its metal and quite literally so.Source: Moneycontrol Top Headlines | 29 Dec 2007 | 1:00 pm
A year of airlines consolidation
The year 2007 will probably be best remembered as the year when consolidation through mergers and acquisitions was witnessed in the domestic aviation industry, reports Business Line.Source: Moneycontrol Top Headlines | 29 Dec 2007 | 10:04 am
GHCL sets up global sourcing arm for textiles
GHCL, the flagship company of the Dalmia Group, has set up a subsidiary for exclusively handling procurement for the groups textile retail business in India and overseas, reports Business Line.Source: Moneycontrol Top Headlines | 29 Dec 2007 | 9:57 am
IOC to decide on explosives business next fiscal
IndianOil will take a call on the fate of its lossmaking explosive business in the next fiscal, reports Business Line. The business was acquired through merger of IBP in 2007 this year.Source: Moneycontrol Top Headlines | 29 Dec 2007 | 9:55 am
ITCs Fortune brand to invest Rs 130 cr in new hotels
ITC will be setting up its own hotels in the midsegment brand Fortune it launched a decade ago to tap the market with local partners, offering only management and operations support, reports Business Line.Source: Moneycontrol Top Headlines | 29 Dec 2007 | 9:52 am
Sebi clears decks for RPL IPO
The Securities and Exchange Board of India (Sebi) has disposed of a complaint against the initial public offer (IPO) by Anil Ambani-promoted Reliance Power Ltd (RPL) by asking the promoters to lock-inSource: Business Standard | Front Page Headlines | 27 Dec 2007 | 6:37 pm
SBI`s OP Bhatt is BS Banker of the Year
Describing its choice as a ?vote for the future?, a distinguished four-member jury selected State Bank of India (SBI) Chairman Om Prakash Bhatt as Business Standard's Banker of the Year for 2006-07.Source: Business Standard | Front Page Headlines | 27 Dec 2007 | 6:36 pm
FM`s advisor Shome quits just ahead of Budget
Dr Parthasarathi Shome, advisor to finance minister P Chidamabaram, has resigned and will be leaving the ministry in January, two months before the budget for 2008-09. ??Source: Business Standard | Front Page Headlines | 27 Dec 2007 | 6:35 pm
Airtel to sell $1 billion stake in tower business
Bharti Airtel, Indians largest mobile services operator, Friday said as many as seven global investors have expressed interest in buying about 9 percent stake in its tower business, Bharti Infratel, for $1 billion.Source: webindia123.com |
M-cap hits Rs 70 L crore in 2007
Investors wealth on the Indian bourses has crossed Rs 70,00,000-crore milestone for the first time in history.Source: India Business-Business-The Times of India |
FM expects better bids for IFCI
Finance minister P Chidambaram has backed state-run lender IFCI's decision to reject a bid from a consortium of Sterlite Industries and Morgan Stanley, saying he expected more offers to come in when the re-bidding process starts. "We got a single bid, a conditional bid and therefore IFCI rejected the single, conditional bid. In my view, that's the correct decision. The government will find the capital if necessary," he said on the sidelines of a bank function here on Saturday.Source: The Financial Express |
India to be largest market for knee, hip replacements
India is poised to become the largest market for orthopaedic implants (knee and hip) over the next five years.Source: India Business-Business-The Times of India |
Highway-type toll mulled for rail scheme
A special purpose vehicle for rail freight corridor will ask consultants for detailed project proposals, reports Gaurav Choudhury.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
SMEs see high attrition due to Re rise
Small and medium enterprises are witnessing a large scale attrition as the rising value of rupee has impacted margins of these units.Source: India Business-Business-The Times of India |
ASIA : The best place to see market exposure without leverage
Next year could be one of the most interesting for equity markets this decade. At least two of the three pillars that have propped up the equity bull markets of the West since March 2003 leverage, consumer spending and corporate earnings could be missing in 2008.Source: The Financial Express |
Intas Pharma plans Rs 300-400 crore IPO
According to sources, the company has begun the groundwork for the IPO and approached merchant bankers a couple of months ago.Source: India Business-Business-The Times of India |
When the office feels like a lounge
They wanted their office to sport a design that goes well with their product profile…high-end liquor. The interiors of Radico Khaitan’s office mirror its brand profile. Varun Soni tells us...Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Post-March markets should correct and consolidate
The year 2008 is expected to be action packed for the derivatives market as the regulator will be opening up the sector for several new products that would help investors hedge better.Source: The Financial Express |
38 top PSU executives to retire in 2008
New Delhi, Dec 30 (PTI) A number of top-level officers of public sector
enterprises, including chairmen and managing directors of some of the most
valuable state-run firms such as NTPC Ltd,...
Source: PTI News : Business |
Markets would continue to trade in the growth zone
Have the markets peaked, or will there be a strong correction? These are the key questions boggling the investor's mind. Ramdeo Agrawal, non-executive director, Motilal Oswal Financial Services, India's reputed brokerage house and financial services company spoke with Rajesh Naidu of The Financial Express to dispel some fears.Source: The Financial Express |
Domestic financial institutions will continue to drive growth
Cashing in on the boom, postal life insurance funds are ready to make a splash into the stock markets. Nilesh Shah, deputy managing director and CIO, ICICI Prudential AMC, speaks to Rahul Jain of The Financial Express on the likely trend in the bourses next year.Source: The Financial Express |
Welcome 2008 financial resolutions
It is that time of the year when everybody makes resolutions. Wiping the slate clean of mistakes done in the year that passes by and starting with a new perspective is an excellent exercise. Here are some resolutions you could take to manage and grow your wealth successfully in 2008.Source: The Financial Express |
Industry urges separate regulation for medical equipment
Medical equipment should have a separate regulation policy and not included in the Drugs and Cosmetics (Amendment) Bill, a leading industry body urged Friday.Source: webindia123.com |
Coal ministry soon to allocate 23 blocks
The coal ministry is in the process of allocating 23 blocks for captive use by public and private sector companies as per directions of Energy Coordination Committee.Source: India Business-Business-The Times of India |
Industry not rolling back investments in Bengal
West Bengal Chief Minister Buddhadeb Bhattacharjee said Friday that no investors have rolled back their proposals after a series of unsavoury incidents in Singur and Nandigram over land acquisition.Source: webindia123.com |
India, China must lead air sector: IATA Chief
India and China, emerging as giants in the global aviation industry, need to be innovative and should not follow Europe that has been lax in introduciSource: NDTV News |
Managing index funds
A lower expense limit is necessary for index funds because of the way they are constructed and managed, writes Arnav Pandya.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
India added 9,050 MW power capacity in 2007
India added a total of 9,050 MW power generation capacity this year between January 1 and December 14 - eight percent below the country's electricitySource: NDTV News |
Rs 30,000 crore farm loan relief package on anvil
As election time approaches, the government is set to announce a mega farm loan restructuring package covering bad and doubtful debt of at least Rs 30,000 crore.Source: India Business-Business-The Times of India |
Oil prices hold close to $97
World oil pices held near $97 per barrel on Friday as traders mulled the murder of Pakistani opposition leader Benazir Bhutto, alongside another steepSource: NDTV News |
India, China should lead world aviation sector: IATA chief
Amitabha Roychowdhury
New Delhi, Dec 30 (PTI) India and China, emerging as giants in the global
aviation industry, need to be innovative and should not follow Europe that has
been lax in...
Source: PTI News : Business |
Most expensive Indian artists
No one has been able to touch Tyeb Mehta - not even Mehta himself - after his Mahisasura fetched a record $1,584,000 crore at an auction last year.Source: rediff Business |
Welcome 2008 financial resolutions
It is that time of the year when everybody makes resolutions. Wiping the slate clean of mistakes done in the year that passes by and starting with a new perspective is an excellent exercise. Here are some resolutions you could take to manage and grow your wealth successfully in 2008.Source: The Financial Express |
Best bikes: Who won the race?
The Bajaj XCD 125! The XCD 125 brought a new scale of value-for-money to the volume-end of the Indian motorcycle market.Source: rediff Business |
Markets would continue to trade in the growth zone
Have the markets peaked, or will there be a strong correction? These are the key questions boggling the investor's mind. Ramdeo Agrawal, non-executive director, Motilal Oswal Financial Services, India's reputed brokerage house and financial services company spoke with Rajesh Naidu of The Financial Express to dispel some fears.Source: The Financial Express |
Sebi clears decks for real estate trusts in India
The much-awaited real estate investment trusts (REITs), which invest directly in real estate projects after collecting funds from investors through stock exchanges, are set to see their entry in Indian markets with the Securities and Exchange Board of India (Sebi) on Friday putting out draft rules for such trusts.Source: rediff Business |
Post-March markets should correct and consolidate
The year 2008 is expected to be action packed for the derivatives market as the regulator will be opening up the sector for several new products that would help investors hedge better.Source: The Financial Express |
Citibank card holders get free air tickets
About 35,000 credit card customers of Citibank received free tickets worth Rs 23 crore (Rs 230 million) in early 2007 under the 'Fly for Sure' promotional campaign undertaken by the bank in 2005.Source: rediff Business |
Indian markets end in the red
A key stock market index closed in the negative territory Friday following heavy selling pressure in blue-chip stocks.Source: webindia123.com |
Credit Suisse under scanner
Close on the heels of the alleged money laundering by farm owner Hasan Ali Khan through Switzerland-based bank UBS, Europe's biggest bank by assets, another Swiss bank, Credit Suisse, has come under scrutiny of the Enforcement Directorate (ED), which investigates foreign exchange violations.Source: rediff Business |
Power utility to raise $500 million loan
State-owned power utility NTPC Ltd will borrow Rs.20 billion ($508 million) from public sector Life Insurance Corp of India (LIC) to meet its capital investment requirements.Source: webindia123.com |
Best of technology & fashion in 2007
Smartphones and handheld PCs that were eyed with suspicion in 2006 were gladly adopted in 2007. Nokia took the top position in creating a market for well-designed, feature-rich handsets with N95 and Communicator phones.Source: rediff Business |
More fuel to spectrum fire: Idea writes to government
Idea Cellular Ltd Friday shot off yet another strongly worded letter to the Department of Telecommunications (DoT), demanding grant of telecom licenses to them before allocating initial radio spectrum to other players.Source: webindia123.com |
Tata would ideally like to retire after Rs one-lakh car launch
London, Dec 30 (PTI) Head of the Tata Group Ratan Tata feels that after the
successful launch of his dream project -- the Rs one-lakh car-- will ideally be
the nice time for him to retire from...
Source: PTI News : Business |
A year of hyper-realty!
2007 was a season of highs—a restricting land law repealed, arrival of foreign money, the mother of all IPOs and a shortage of professionals. Varun Soni tells us...Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
GAIL plans Rs 12,00 cr Dabhol-Banglore pipeline
Shirdi, Dec 30 (PTI) The country's flagship natural gas company GAIL India
today said it has plans to lay a pipeline from Dabhol to Bangalore at an
estimated cost of Rs 1,200 crore and covering a...
Source: PTI News : Business |
Investments and the Great Man Theory
This theory seeks to explain the events of history primarily as the result of the actions of a handful of 'great men' (and women, obviously). Dhirendra Kumar tells us...Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Finance minister rules out increasing interest subsidy on crop loans
New Delhi, Dec 30 (PTI) The Finance Ministry has ruled out increasing
interest subsidy, which at its present level of two per cent will cost the
Exchequer more than Rs 2,000 crore this fiscal,...
Source: PTI News : Business |
60 new cars coming in ’08. Take your pick
If buying a car is on your New Year wishlist, rest assured that you will be spoilt for choice in 2008. Suprotip Ghosh reports.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Ratan Tata to retire after 1 lakh car launch
India has been waiting since long for Tata's dream Rs one-lakh car launch.But the proposed launch on January 10 at auto expo show in New Delh
Source: NDTV News |
ASIA : The best place to see market exposure without leverage
Next year could be one of the most interesting for equity markets this decade. At least two of the three pillars that have propped up the equity bull markets of the West since March 2003 leverage, consumer spending and corporate earnings could be missing in 2008.Source: The Financial Express |
Survey: India upbeat in business
Riding on expectations of higher growth, increased inventory levels and greater employment generation, business confidence for the period starting OctSource: NDTV News |
Domestic financial institutions will continue to drive growth
Cashing in on the boom, postal life insurance funds are ready to make a splash into the stock markets. Nilesh Shah, deputy managing director and CIO, ICICI Prudential AMC, speaks to Rahul Jain of The Financial Express on the likely trend in the bourses next year.Source: The Financial Express |
Modi policies cash excellent economics
Narendra Modi's victory has been ascribed to two factors - an unsubtle exploitation of Hindu communal sentiments and an admirable record of economic dSource: NDTV News |
FM expects better bids for IFCI
Finance minister P Chidambaram has backed state-run lender IFCI's decision to reject a bid from a consortium of Sterlite Industries and Morgan Stanley, saying he expected more offers to come in when the re-bidding process starts. "We got a single bid, a conditional bid and therefore IFCI rejected the single, conditional bid. In my view, that's the correct decision. The government will find the capital if necessary," he said on the sidelines of a bank function here on Saturday.Source: The Financial Express |