Hiring moves beyond realm of IT, ITeS

Getting the right person for a job remains a challenge
Source: Business Line - Home Page | 2 Jan 2008 | 12:00 am

New Year party continues as 1,146 stocks hit upper circuit

Chennai, Jan. 1 Investors celebrated the first day of 2008 in grand style with the number of stocks hitting the upper circuit filter crossing 1,000 again on the Bombay Stock Exchange. This is the second consecutive day it has happened as the ...
Source: Business Line - Home Page | 2 Jan 2008 | 12:00 am

Ringing in the New Year with over a billion SMS

WINDFALL FOR OPERATORS
Source: Business Line - Home Page | 2 Jan 2008 | 12:00 am

Indians on a ‘green drive’ as CNG vehicles touch over 3.54 lakh

Demand catching up among passenger cars as well
Source: Business Line - Home Page | 2 Jan 2008 | 12:00 am

BEL wants employees to ‘chak de’

Bangalore, Jan. 1 Bharat Electronics Ltd is telling its employees to chak de (go for it!) and play the winning team in an increasingly competitive corporate world. The public sector defence ...
Source: Business Line - Home Page | 2 Jan 2008 | 12:00 am

NELP VII: HPCL may tie up with LN Mittal group

Adopting consortium approach for acquiring acreages in India, abroad
Source: Business Line - Home Page | 2 Jan 2008 | 12:00 am

Demand helps soyabean, meal fetch record prices

Lower US crop, S. America weather uncertainties the reasons
Source: Business Line - Home Page | 2 Jan 2008 | 12:00 am

PSU insurers upset over new tariff norms

Say there is no level-playing field in IRDA’s guidelines
Source: Business Line - Home Page | 2 Jan 2008 | 12:00 am

Stocks and sectors to shun in 2008

It's a whole new year and there's every likelihood you have already been told by brokers, media and friends of the hot stocks and other ideas to invest in.
Source: Daily News & Analysis: Money News | 1 Jan 2008 | 10:27 pm

Is Carrefour in a bind over India?

Is Carrefour finding it tough to arrive at a viable business model for India? Late last year, the world's second-largest retailer had set up two separate companies in India.
Source: Daily News & Analysis: Money News | 1 Jan 2008 | 10:20 pm

Glenmark Generics IPO in June after biz transfer

Glenmark Pharmaceuticals Ltd (GPL) on Tuesday announced splitting the company into two.
Source: Daily News & Analysis: Money News | 1 Jan 2008 | 10:19 pm

DGH says stand on D6 block is vindicated

The face-off between the ministry of petroleum & natural gas and its upstream arm Directorate General of Hydrocarbons has reached the office of petroleum minister Murli Deora.
Source: Daily News & Analysis: Money News | 1 Jan 2008 | 10:18 pm

Jilted NTPC seeks Panna-Mukta gas

NTPC Ltd has complained to the Union government on the shortage of natural gas following the refusal of Petronet LNG Ltd to supply regassified liquefied natural gas.
Source: Daily News & Analysis: Money News | 1 Jan 2008 | 10:17 pm

Waiver of entry loads will trigger rebating in MFs

With Sebi waiving entry loads on direct MF investments from January 4, 2008, distributors fear that non-retail and informed investors will ask for kickbacks to invest through them.
Source: Daily News & Analysis: Money News | 1 Jan 2008 | 10:15 pm

Brand-conscious kids are an El Dorado

When Breach Candy resident Sunil Shah recently bought his 11-year old son Kunal a pair of Guess jeans, it cost him Rs 3,000.
Source: Daily News & Analysis: Money News | 1 Jan 2008 | 10:08 pm

List of re-branding banks grows

With 2009 promising a level playing field to foreign banks Indian banks are rushing to shed their staid public-sector branding.
Source: Daily News & Analysis: Money News | 1 Jan 2008 | 10:07 pm

RBI clears Catholic Syrian Bank stake sale

The Reserve Bank of India (RBI) has finally cleared the long-pending transfer of Thailand-based Surachan Chawla's 38 per cent stake in Catholic Syrian Bank (CSB). ??
Source: Business Standard | Front Page Headlines | 1 Jan 2008 | 6:39 pm

Bitter corporate battles to unfold in courts this year

India Inc may have made waves across the world for its entrepreneurial spirit in 2007, but back home it made headlines for court battles to settle business rivalry and challenge government decisions
Source: Business Standard | Front Page Headlines | 1 Jan 2008 | 6:39 pm

Chidambaram hints at a `moderation` in tax rates

Says there is a case 'if voluntary compliance increases'??
Source: Business Standard | Front Page Headlines | 1 Jan 2008 | 6:38 pm

DoT may take back spectrum from GSM players

The government may soon demand return of the excess spectrum operators of GSM-technology mobile service hold beyond the eligible limit. ??
Source: Business Standard | Front Page Headlines | 1 Jan 2008 | 6:29 pm

Despite Corus, RIL group overtakes Tata in market cap

Top ten groups have market cap of over $20 billion. ??
Source: Business Standard | Front Page Headlines | 1 Jan 2008 | 6:29 pm

Regulator seeks to ensure minimum broadband speed

India's telecom watchdog Tuesday issued a status paper on broadband speed, inviting comments from service providers on how could the speed of internet connectivity for subscribers be ensured as per prescribed norms.
Source: IndiaeNews.com: Business News | 1 Jan 2008 | 3:00 pm

Chidambaram hints at moderating tax rates

As he gets ready to present his seventh national budget next month, Finance Minister P. Chidambaram Tuesday said fiscal deficit targets for this year will be met and held out an assurance of moderation of taxes rates, if compliance was met.
Source: IndiaeNews.com: Business News | 1 Jan 2008 | 2:00 pm

Indian markets end on a flat note

Stock markets in India started on a firm note but pared gains during mid-session and ended flat Tuesday.
Source: IndiaeNews.com: Business News | 1 Jan 2008 | 1:30 pm

Karnataka faces severe power shortage

The New Year has begun on an ominous note for power-deficit Karnataka. The centre has slashed its share by 150 MW, which will severely affect power supply during peak hours.
Source: IndiaeNews.com: Business News | 1 Jan 2008 | 1:30 pm

India's exports up 22 percent in 8 months

India's merchandise exports were up 22.08 percent in the first eight months of fiscal 2007-08 at $98.386 billion, but grew by a shade over eight percent in rupee terms due to the rising value of its currency.
Source: IndiaeNews.com: Business News | 1 Jan 2008 | 12:00 pm

Bharat Petroleum to go slow on Allahabad refinery project

State-owned refiner Bharat Petroleum Corp Ltd (BPCL) has decided to go slow on its Rs.62-billion ($1.6 billion) refinery project at Allahabad in Uttar Pradesh till its Bina refinery project in Madhya Pradesh is commissioned.
Source: IndiaeNews.com: Business News | 1 Jan 2008 | 11:31 am

New Year brings cheers to investors

The first trading session of 2008 on Indian stock markets started on an optimistic note, with a key index opening with a gain of 38 points Tuesday.
Source: IndiaeNews.com: Business News | 1 Jan 2008 | 11:03 am

Niche overseas tourism latest buzzword for Indians

Mere trips to Singapore and Thailand, or for that matter even London, Paris and Rome are no longer good enough for the great Indian traveller who is now looking at specialised tours like music cruises, adventure trails, spiritual getaways and health holidays abroad.
Source: IndiaeNews.com: Business News | 1 Jan 2008 | 2:30 am

Benadryl, Listerine change hands

Pfizer Ltd, the Indian arm of the world's largest pharmaceutical company Pfizer Inc, is selling four consumer health brands that are household names in India ? Listerine, Benadryl, Caladryl and
Source: Business Standard | Front Page Headlines | 31 Dec 2007 | 6:30 pm

Starbucks products in India via PVR tie-up

After failing to get government approval to singly open brand retail stores, the world's leading coffee chain Starbucks has finally seen the light of day in India through a distribution tie-up with
Source: Business Standard | Front Page Headlines | 31 Dec 2007 | 12:26 am

Bloggers drive Indian IPR agenda

Early this year, Shamnad Basheer, a young intellectual property consultant, pointed out on his blog that a crucial paragraph in the report on patents by the RA Mashelkar panel was an exact copy of
Source: Business Standard | Front Page Headlines | 31 Dec 2007 | 12:25 am

HCL Tech to reap over $ 50mn through GE tieup: Sources

HCL Tech has signed an agreement with GE to set up and operate GE\'s Global Development Centres in India and China for a period of three years, reports CNBCTV18.
Source: Moneycontrol Top Headlines | 11 Sep 2006 | 1:31 pm

HCL Tech to partner GE in development centre

Fifthlargest software developer, HCL Technologies Ltd., said on Monday General Electric had selected it as one of the partners for a global development centre programme, reports Reuters.
Source: Moneycontrol Top Headlines | 11 Sep 2006 | 1:21 pm

Mumbai HC to give direction on JetSahara case in 1 week

JetSahara case has come up for hearing in Bombay High Court today. The Mumbai HC is to give direction on JetSahara case in one week, reports CNBCTV18.
Source: Moneycontrol Top Headlines | 11 Sep 2006 | 1:13 pm

LML referred to BIFR: Outcome to be known in 810 days

The LML board has referred the company to the Board for Industrial and Financial Reconstruction, BIFR, reports CNBCTV18.
Source: Moneycontrol Top Headlines | 11 Sep 2006 | 12:57 pm

Ranbaxy gets FDA okay for loperamide hydrochloride

Drugmaker Ranbaxy Laboratories Ltd. said on Monday it had received approval from the US Food and Drug Administration to market loperamide hydrochloride tablets and simethicone tablets, reports Reuters.
Source: Moneycontrol Top Headlines | 11 Sep 2006 | 12:45 pm

Opto Circuits eyeing overseas acquisitions?

CNBCTV18 has learnt that Opto Circuits is scouting for overseas acquisitions and may ink a deal in the next couple of months.
Source: Moneycontrol Top Headlines | 11 Sep 2006 | 12:43 pm

What is the outlook for tyre prices?

Rubber prices have fallen globally by 20% from record highs. Arun Bajoria, President at JK Tyres and Philip Eapen, EDMarketing at MRF give their views on the outlook for tyre prices, going forward.
Source: Moneycontrol Top Headlines | 11 Sep 2006 | 12:28 pm

French group Iliad launches fibreoptic network

France\'s secondlargest consumer broadband provider Iliad said on Monday it was launching an \"ultraspeed\" fibre optic network in Paris, confirming earlier press reports, reports Reuters.
Source: Moneycontrol Top Headlines | 11 Sep 2006 | 12:23 pm

Trade credits, loans major external liabilities for India

Latest data released by RBI shows trade credits, loans, currency and deposits constitute the largest chunk of India's external financial liabilities, reports Gaurav Choudhury.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Steel major eyeing SE Asia acquisition, says Muthuraman

Tata Steel will continue its pursuit of acquiring steel plants in southeast Asia and elsewhere. The company will also look for raw material sources across the globe.
Source: The Financial Express |

Rupee holds firm vs dollar

The rally in the domestic bond market continued for the second consecutive day, causing yields to drop to a fresh five-month low.
Source: India Business-Business-The Times of India |

ER set to meet earning target this fiscal

Though short by a few notches till November, Eastern Railway is all set to meet earning targets this fiscal.
Source: The Financial Express |

GSM service providers revenue dips by 7.4%

The average revenue per user of GSM service providers has further declined by 7.4%, from Rs 297 in June 2007 to Rs 275 in September 2007, showed the data released by the Telecom Regulatory Authority of India.
Source: The Financial Express |

Kerala gunning rice hoarders among big retail

Kerala government is looking into reports that Reliance Retail is hoarding rice in bulk in various Food Corporation of India godowns in the state, according to state food minister C Divakaran.
Source: The Financial Express |

India generates 21m carbon credits in 2007

It was a significant and happening year for environment economy.
Source: India Business-Business-The Times of India |

Kozhikode-Gulf skies to open for pvt carriers this year

Jet Air has been given in-principle nod to operate Gulf flights from Karipur International Airport in Kozhikode, minister of state for external affairs E Ahmmed has said. Jet Air had proposed to fly to Muscat and Doha from Kozhikode from early this month.
Source: The Financial Express |

Insiders may have to give up short-term gains

To curb company insiders from taking advantage of price sensitive information to make short-term profits, SEBI proposes to introduce short swing profit regulations, reports MC Vaijayanthi.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

States to pay hefty penalty for power overdrawal

In a serious bid to maintain grid discipline and discourage overdrawal of power by the northern grid, the Central Electricity Regulatory Commission increased the unscheduled interchange ceiling rate to Rs 10 per unit.
Source: The Financial Express |

Kerala gunning rice hoarders among big retail

Kerala government is looking into reports that Reliance Retail is hoarding rice in bulk in various Food Corporation of India godowns in the state, according to state food minister C Divakaran.
Source: The Financial Express |

VAT effect: edible oils, milk get cheaper in UP

As many as 91 goods, including tea, edible oils,milk products, match boxes and readymade garments, have become cheaper in Uttar Pradesh following the implementation of Value Added Tax regime which comes into effect from Tuesday.
Source: The Financial Express |

Work on Tata Steel's Orissa project to start before end of March 2008

Tata Steel, which is awaiting the Orissa government's approval for iron ore mining lease, will start construction work on its 6 million tonne per annum green field project before the end of March 2008.
Source: The Financial Express |

GSM service providers revenue dips by 7.4%

The average revenue per user of GSM service providers has further declined by 7.4%, from Rs 297 in June 2007 to Rs 275 in September 2007, showed the data released by the Telecom Regulatory Authority of India.
Source: The Financial Express |

Regulator seeks to ensure minimum broadband speed

Indias telecom watchdog Tuesday issued a status paper on broadband speed, inviting comments from service providers on how could the speed of internet connectivity for subscribers be ensured as per prescribed norms.
Source: webindia123.com |

India's exports up 27% in Nov

India's exports grew by 26.82 per cent in November 2007 to $12.42 billion, a respectable increase in the face of a costlier rupee, but was slower than
Source: NDTV News |

Income tax code overhauled: Chidambaram

The FM says the draft of income tax code that seeks to simplify procedures and make taxation aspects easier to understand is ready and will be released along with a discussion paper, reports Gaurav Choudhury.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Rupee at 39.41 against US dollar

The US dollar ruled steady against the rupee at Rs 39.41/42 per dollar but the pound sterling finished lower at Rs 78.19/21 per pound at the close of
Source: NDTV News |

Pyramid Saimira to acquire UK multiplex chain

Chennai-based Pyramid Saimira Theatre Limited (PSTL) is close to snapping up a multiplex chain in the UK that runs 60 screens across the country, reports Varun Soni.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

'256 Kbps speed must for broadband'

Telecom regulator Trai on Wednesday asked service providers to specify minimum speed of broadband plan, which must be atleast 256 Kbps.
Source: India Business-Business-The Times of India |

States to pay hefty penalty for power overdrawal

In a serious bid to maintain grid discipline and discourage overdrawal of power by the northern grid, the Central Electricity Regulatory Commission increased the unscheduled interchange ceiling rate to Rs 10 per unit.
Source: The Financial Express |

Aviation fuel gets cheaper, fares don't

ATF has become cheaper by nearly Rs 2,000 in the four metros but airlines have made it clear that this reduced cost benefit wont be passed on to passengers.
Source: India Business-Business-The Times of India |

Steel major eyeing SE Asia acquisition, says Muthuraman

Tata Steel will continue its pursuit of acquiring steel plants in southeast Asia and elsewhere. The company will also look for raw material sources across the globe.
Source: The Financial Express |

Access Atlantech to offer degree courses in digital film making

Access Atlantech Tech India (AAT) is set to offer under-graduate degree courses under four disciplines, effective Wednesday.
Source: India Business-Business-The Times of India |

Diamond industry faces rough weather

The Rs 70,000 crore diamond polishing and gems and jewellery industry of Surat is feeling threatened by developments in South Africa.
Source: India Business-Business-The Times of India |

Rice price hike not to hurt Indian exports to Bangladesh

India has said the hike in the minimum export price of rice will not affect the export of 500,000 tonnes to Bangladesh under the food-for-aid programme after the Nov 15 cyclone.
Source: webindia123.com |

No slowing down: New car launches in 2008

Despite steep hike in oil prices and interest rates, the market for cars didn't show signs of slowing down in the year gone by.
Source: India Business-Business-The Times of India |

New Year brings cheers to investors

The first trading session of 2008 on Indian stock markets started on an optimistic note, with a key index opening with a gain of 38 points Tuesday.
Source: webindia123.com |

Modular kitchen co Timbor eyes doors segment

Timbor Home, an Ahmedabad-based company engaged in manufacturing modular kitchen, is now entering the ready-made door and door-frames segment.
Source: India Business-Business-The Times of India |

REITs: Safe haven for realty investors

The introduction of real estate investment trusts (REITs) in India could be termed as the biggest move by the stock market regulator (SEBI) to serve t
Source: NDTV News |

Venezuela launches new currency to check inflation

Venezuelans introduced Tuesday a new currency, the strong bolivar, which the government of President Hugo Chavez touts as an effective means to contain runaway inflation, Spains EFE news agency reported.
Source: webindia123.com |

Direct tax collection up 40%

Mr P Chidambaram parried questions on moderating taxes in the next budget even as direct tax collections this fiscal are set to cross Rs 300,000 crore
Source: NDTV News |

Draft of Income Tax code ready: FM

The much-awaited draft of Income Tax code, which is expected to simplify and replace the existing law, is ready and will be released along with a disc
Source: NDTV News |

Unresolved issues dog Tamil Nadu into 2008

The year 2008 has begun for Tamil Nadu with a lot of political baggage that is bound to influence the growth and economy of one of Indias biggest states.
Source: webindia123.com |

HPCL plans captive power plant

India's second largest integrated oil refining and marketing company Hindustan Petroleum Corporation Ltd (HPCL) has decided to generate its own power
Source: NDTV News |

Bharat Petroleum to go slow on Allahabad refinery project

State-owned refiner Bharat Petroleum Corp Ltd (BPCL) has decided to go slow on its Rs.62-billion ($1.6 billion) refinery project at Allahabad in Uttar Pradesh till its Bina refinery project in Madhya Pradesh is commissioned.
Source: webindia123.com |

The boss is always right? Not any more

In an increasingly employee-friendly world — and one where jobs chase workers, rather than the other way round — a bad boss is an HR manager's worst nightmare. More and more companies are adopting a zero-tolerance policy towards bullying supervisors, especially when he is the cause of their losing valuable employees.
Source: rediff Business |

Uttar Pradesh ushers in VAT regime amid protests

The New Year ushered in the value-added tax (VAT) regime in Uttar Pradesh amid protests by traders, while the government ordered sharp cuts in VAT on as many as 91 items.
Source: webindia123.com |

In 2008: New airports, bigger refineries and a smaller car

The new year promises to be a busy year with brand new airports in Hyderabad and Bangalore, the launch of the Rs 1-lakh-car, unlocking of the gas riches in the Krishna-Godavari basin, and Jamnagar housing the world's biggest refinery complex.
Source: rediff Business |

Chidambaram hints at moderating tax rates

As he gets ready to present his seventh national budget next month, Finance Minister P. Chidambaram Tuesday said fiscal deficit targets for this year will be met and held out an assurance of moderation of taxes rates, if compliance was met.
Source: webindia123.com |

Goa faces legal tangle after scrapping SEZs

"We will write to the Centre to scrap the eight proposals pending for approval while we will not notify the four (SEZs) that are already approved. About the rest three, we will take up the matter with the Centre to denotify them," said Chief Minister Digamber Kamat.
Source: rediff Business |

Exports up 26.82 pc in Nov to 12.42 bn

The country's exports grew by 26.82 per cent in Nov 2007 to $12.42 billion, down from the previous month's 35 pc growth as a persistently rising rupee eroded margins, reports Gaurav Choudhury.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

RIL group overtakes Tata in 2007

The Mukesh Ambani-led Reliance group ended 2007 by overtaking the Tata group in market capitalisation stakes — and this despite the latter's acquisition of Corus steel.
Source: rediff Business |

Indiabulls enters gaming business

Indiabulls has entered the gaming business by picking up a 10 per cent stake in High Street Cruises & Entertainment, reports Indulal PM.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Pfizer sells Benadryl, Listerine to Johnson & Johnson

Pfizer Ltd, the Indian arm of the world's largest pharmaceutical company Pfizer Inc, is selling four consumer health brands that are household names in India — Listerine, Benadryl, Caladryl and Benylin — to Johnson & Johnson Ltd for Rs 214.85 crore, as part of J & J's acquisition of Pfizer's global consumer health business in June 2006.
Source: rediff Business |

PTC divests 40 pc in subsidiary

Goldman Sachs, Macquarie to buy stake for Rs 150 crore, reports Arun Kumar.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Rupee ends rock steady against US dollar

Mumbai, Jan 1 (PTI) The rupee today ended rock steady at 39.41/42 against US currency due to lack of any direction from the New Year holiday in most of the global markets. In lacklustre...
Source: PTI News : Business |

NTPC plants idle on gas shortage

NTPC Ltd has sought 7 million metric standard cubic metres per day (MMSCMD) of Panna-Mukta-Tapti (PMT) gas to meet the shortages faced by its plants, report Deepak Joshi & Samiran Saha.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

India's exports up 26.82 pc in Nov to USD 12.42 bn

New Delhi, Jan 1 (PTI) India's exports grew by 26.82 per cent in November 2007 to 12.42 billion dollars as compared to 9.79 billion dollars in the same month last year. Export growth...
Source: PTI News : Business |

VAT effect: edible oils, milk get cheaper in UP

As many as 91 goods, including tea, edible oils,milk products, match boxes and readymade garments, have become cheaper in Uttar Pradesh following the implementation of Value Added Tax regime which comes into effect from Tuesday.
Source: The Financial Express |

Direct taxes up 40 pc, FM non-committal on tax moderation

New Delhi, Jan 1 (PTI) Finance Minister P Chidambaram today parried questions on moderating taxes in the next budget even as direct tax collections this fiscal are set to cross Rs 300,000 crore,...
Source: PTI News : Business |

Kozhikode-Gulf skies to open for pvt carriers this year

Jet Air has been given in-principle nod to operate Gulf flights from Karipur International Airport in Kozhikode, minister of state for external affairs E Ahmmed has said. Jet Air had proposed to fly to Muscat and Doha from Kozhikode from early this month.
Source: The Financial Express |

Gold ends down, after making record yesterday

New Delhi, Jan 1 (PTI) After touching an all-time high yesterday, gold price met with resistance on the bullion market here today on profit-booking amid selling pressure and registered a loss of...
Source: PTI News : Business |

ER set to meet earning target this fiscal

Though short by a few notches till November, Eastern Railway is all set to meet earning targets this fiscal.
Source: The Financial Express |

IT code ready, to be released along with discussion paper: FM

New Delhi, Jan 1 (PTI) The much-awaited draft of Income Tax code, which is expected to simplify and replace the existing law, is ready and will be released along with a discussion paper, Finance...
Source: PTI News : Business |

Work on Tata Steel's Orissa project to start before end of March 2008

Tata Steel, which is awaiting the Orissa government's approval for iron ore mining lease, will start construction work on its 6 million tonne per annum green field project before the end of March 2008.
Source: The Financial Express |

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