Volatile exchange rate unlikely to disrupt business: Reddy
The Reserve Bank said that volatile exchange rate was unlikely to disrupt business environment as the corporates and business entities in India take time to respond to changes.Source: Daily News & Analysis: Money News | 3 Jan 2008 | 12:20 pm
SEBI proposes to make debt offerings faster, cheaper
Market regulator SEBI proposed simplifying the corporate debt issuance process with a view to reducing costs and enhancing transparency in bond offerings.Source: Daily News & Analysis: Money News | 3 Jan 2008 | 11:36 am
High Court issues notices over spectrum allocation
The Delhi High Court Thursday issued notices to the union government, the telecom regulator, and telecom operators Reliance Communication and Tata Teleservices on a petition filed by the Cellular Operators Association of India (COAI) against the government's radio spectrum allocation process.Source: IndiaeNews.com: Business News | 3 Jan 2008 | 11:30 am
PNB to raise Rs 4,000 crore from bonds
State-run lender Punjab National Bank plans to raise Rs 4,000 crore through bonds to meet its credit needs.Source: Daily News & Analysis: Money News | 3 Jan 2008 | 11:26 am
Tulip IT Services bags project worth Rs 57.72 cr
Tulip IT Services, provider of end-to-end data connectivity, on Thursday said it has secured a project worth Rs 57.72 crore from Assam State Wide Area Network.Source: Daily News & Analysis: Money News | 3 Jan 2008 | 11:21 am
Government to decide on fuel price hike this month
The government will take a final decision on fuel price hike by the end of this month, Petroleum Minister Murli Deora said here Thursday.Source: IndiaeNews.com: Business News | 3 Jan 2008 | 11:03 am
Food processing gets a boost in Kerala
Kerala's food processing sector will get a boost with Minister of State for Food Processing Subodh Kant Sahay announcing central assistance for a slew of initiatives including a food park, a food laboratory and a modern abattoir here Thursday.Source: IndiaeNews.com: Business News | 3 Jan 2008 | 11:02 am
Indian advertising braces for 'cyberia'
The face of Indian advertising is changing. The action has shifted to 'cyberia' and advertising firms are reorienting themselves for a toehold on the digital domain.Source: IndiaeNews.com: Business News | 3 Jan 2008 | 11:01 am
Pact for new international airport at Mohali Friday
A new international airport will soon come up at Mohali in Punjab for which a formal pact is being signed between the Airports Authority of India (AAI) and the Greater Mohali Area Development Authority Friday.Source: IndiaeNews.com: Business News | 3 Jan 2008 | 10:00 am
Monster India launches job search on mobile platform
Monster Worldwide, parent company of Monster.com, premier global online employment solution, has announced the launch of SMS based job search application in India.Source: Daily News & Analysis: Money News | 3 Jan 2008 | 9:16 am
Uttarakhand hydroelectric project delayed
The Central Electricity Authority (CEA) has stayed the approval of the Rs.43-billion ($1.1 billion) Lakhwar Vyasi hydroelectric project on Yamuna River in the hill state of Uttarakhand on technical grounds.Source: IndiaeNews.com: Business News | 3 Jan 2008 | 9:00 am
Insurance watchdog's latest move will ensure informed decisions
The Insurance Regulatory and Development Authority's (IRDA) recent move to make life insurers disclose the charges levied on their unit-linked policies (Ulips) would enable policyholders to make informed decisions, said a top official.Source: IndiaeNews.com: Business News | 3 Jan 2008 | 8:31 am
Profit booking pulls Indian markets down
A key financial market index opened with a loss of 62 points Thursday and dropped further in the wake of heavy selling.Source: IndiaeNews.com: Business News | 3 Jan 2008 | 8:30 am
Parsvnath to develop pharma SEZ in Nanded
Parsvnath SEZ Ltd (PSL), a subsidiary of real estate major, Parsvnath Developers Ltd, said it will develop a Pharmaceutical SEZ at Nanded in Maharashtra.Source: Daily News & Analysis: Money News | 3 Jan 2008 | 8:25 am
HC issues notices to Centre, RCom on COAI petition
The Delhi High Court on Thursday issued notices to the Union Government, telecom regulator TRAI, Reliance Communication on a petition filed by COAI.Source: Daily News & Analysis: Money News | 3 Jan 2008 | 8:23 am
TRAI competent to regulate broadcast services: SC
The Supreme Court dismissed Star India's petition challenging the Delhi HC's order that allowed TRAI to regulate broadcasting services in the country.Source: Daily News & Analysis: Money News | 3 Jan 2008 | 8:13 am
They defy odds to set out on their own
SPIRIT OF ENTREPRENEURSHIPSource: Business Line - Home Page | 3 Jan 2008 | 12:00 am
Ind Swift Group cos gain sharply
Twin pharmaceutical counters of the Chandigarh-based Ind Swift Group — Ind Swift Ltd (ISL) and Ind Swift Laboratories (ISLL) — are subjects of market talk of late. As a result, the traded quantities in the counters have also gone up ...Source: Business Line - Home Page | 3 Jan 2008 | 12:00 am
‘Silver may outperform gold this year’
Rise in dollar could cap the yellow metal’s rise: Kotak CommoditySource: Business Line - Home Page | 3 Jan 2008 | 12:00 am
Dip in minutes of usage per user in GSM, CDMA segments
ARPU down further in July-Sept quarter: TRAISource: Business Line - Home Page | 3 Jan 2008 | 12:00 am
Greenfield cargo airports may get nod
150-km distance stipulation to be relaxedSource: Business Line - Home Page | 3 Jan 2008 | 12:00 am
Banks preparing to hike discounts to their PLRs
Move aimed at boosting corporate credit offtakeSource: Business Line - Home Page | 3 Jan 2008 | 12:00 am
Initial rain burst likely over Punjab, Haryana
Thiruvananthapuram, Jan. 2 Night temperatures over North and Northwest India will gradually show an increasing trend as clouds build up ahead of the arrival of the next western disturbance. Associated northwesterlies are expected to ...Source: Business Line - Home Page | 3 Jan 2008 | 12:00 am
Investors, are you listening to Govt advisory?
Chennai/Delhi, Jan. 2 Shooting stock prices have resulted in higher decibel levels being used by the Government and stock exchanges to create awareness and also warn investors about the risks involved in stock markets. Listeners ...Source: Business Line - Home Page | 3 Jan 2008 | 12:00 am
Forest dwellers have to produce evidence
Can a tribal living in the jungles be expected to possess a passport? Or a satellite image of his house? The government of India thinks this is possible. ??Source: Business Standard | Front Page Headlines | 2 Jan 2008 | 6:42 pm
`PSUs must meet Clause 49 norms`
Sebi's Damodaran says no exceptions possible. ??Source: Business Standard | Front Page Headlines | 2 Jan 2008 | 6:40 pm
The `people`s car` to go places after Auto Expo
Delhi's Auto Expo starting January 10 will not be the only place where Tata Motors will display its competitively priced Rs 1 lakh car, which will be the cheapest car in the world. ??Source: Business Standard | Front Page Headlines | 2 Jan 2008 | 6:39 pm
Bitter corporate battles to unfold in courts
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
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
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
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
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
Govt redrafting Broadcasting Bill, may up FDI to 74%
Facing severe criticism from the industry, the government today said it is in the process of redrafting the controversial Broadcasting Bill, besides considering FDI in the cable segment to 74% from the current 49%, reports PTI.Source: Moneycontrol Top Headlines | 17 Oct 2007 | 6:53 pm
IBF to defer 25% surcharge: Srcs
CNBCTV18 has learnt that the Indian Broadcasting Federation will defer 25% surcharge.Source: Moneycontrol Top Headlines | 17 Oct 2007 | 4:46 pm
Patni signs $200 m deal with \'The Carphone Warehouse\'
Patni has signed a USD 200 million deal with UKbased The Carphone Warehouse, reports CNBCTV18.Source: Moneycontrol Top Headlines | 17 Oct 2007 | 3:17 pm
No proposal to ban PNotes: Damodaran
M Damodaran, Chairman, Sebi, said 18 months are sufficient to wind down positions.Source: Moneycontrol Top Headlines | 17 Oct 2007 | 12:20 pm
PNs can invest in India, but as FIIs: FM
Finance Minister P Chidambaram has issued a statement after the market tanked clarifying Sebi stand on PNotes.Source: Moneycontrol Top Headlines | 17 Oct 2007 | 10:49 am
Crude prices rise, trades above $ 87/bbl
Crude prices traded above the USD 87 mark on speculation that Iraqi oil exports may be disrupted if Turkey takes military action against Kurdish militants. In after hours access trading, crude was trading on the Nymex at USD 87.51 per barrel down 10 cents.Source: Moneycontrol Top Headlines | 17 Oct 2007 | 9:11 am
Future Group building FMCG brands out of food labels
The Future Group, is taking its food and beverage private label venture to the next level, through active instore branding and marketing initiatives, in an attempt to develop the brands as any other FMCG product.Source: Moneycontrol Top Headlines | 17 Oct 2007 | 8:44 am
SEBI plans curbs on FII participatory notes
Market regulator SEBI on Tuesday proposed restrictions on the issue of participatory notes by Foreign Institutional Investors, in an apparent bid to stem the unceasing inflows into the booming Indian stock market.Source: Moneycontrol Top Headlines | 17 Oct 2007 | 8:40 am
Wipro opens BPO centre in the Philippines
Wipro plans to hire more than 900 employees for its 45,000 sq ft Cebu facility, which started handling customer-focussed support processes on Wednesday.Source: India Business-Business-The Times of India |
What seems impossible is always fun to overcome
I was very entrepreneurial while growing up. Also, I had a very keen interest in working with technology since my early school days. I loved computers to such an extent that while other school children spent their time playing cricket, football and other games, I spent all my lunch breaks and after school time in the computer laboratory at the school.Source: The Financial Express |
Bengal govt to form committee for monitoring NKID project development
The West Bengal government has decided to set up a high-level steering committee, chaired by chief minister Buddhadeb Bhattacharjee, to monitor the development of the project undertaken by New Kolkata International Development Pvt Ltd.Source: The Financial Express |
India concerned over crude oil surge
The government may raise domestic fuel rates following soaring global crude prices that hit $100, says oil minister Murli Deora.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Hotels use software to sing service mantra
The hospitality sector is increasingly using software to serve its clients, moving away from its initial crush for wi-fi or enabling wireless use of internet devices.Source: The Financial Express |
No FDI hike in media without level playing field
Source: The Financial Express |
CPM wins Balagarh, but TMC gainer from Nandigram wave
The CPI(M) has retained the Balagarh assembly seat, winning the byelection by 8,410 votes, but the shock waves from Nandigram and land acquisition has severely eroded its vote bank.Source: The Financial Express |
Three men and the rupee
The strengthening of the rupee against the dollar over 2007 did create worries, especially for businesses such as the IT and ITeS sectors, among others. Devraj Uchil tells us.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Shivraj Patil visits Kandhamal
Union home minister Shivraj Patil visited some of the riot-torn areas of Kandhamal district and gathered first-hand information on the recent flare-ups there.Source: The Financial Express |
Theres nothing called election Budget
India's road map for reducing customs duty to Asean levels by the next fiscal has hit a speed bump created by the rupee's appreciation. The government remains committed to reducing the peak rates to the Asean level of 5% to 10%. But the stronger rupee has made it do a re-think on whether to go in for cutting peak duty in the coming Budget, sources close to the development said. India's peak customs duty is 10%.Source: The Financial Express |
Kerala to park 15% in DMRC's Kochi Metro rail project
The Kerala government intends to park 15% equity in the Rs 3,048-crore elevated light rail Kochi Metro PPP to be implemented by Delhi Metro Rail Corporation.Source: The Financial Express |
HC issues notices to Centre, RCom on COAI petition
New Delhi, Jan 3 (PTI) The Delhi High Court today issued notices to the Union
Government, telecom regulator TRAI, Reliance Communication and Tata
Teleservices on a petition filed by COAI against...
Source: PTI News : Business |
Price hike not the only solution to face crude shock: Deora
Government said fuel price hike was not the only solution for reducing the losses faced by public sector oil firms, and that other options were being discussed.Source: India Business-Business-The Times of India |
Indices open weak on global cues
Equities opened lower on Thursday in line with markets overseas. After the sharp rise in the previous session, traders used the global negativity to book some profits.Source: India Business-Business-The Times of India |
Hotels use software to sing service mantra
The hospitality sector is increasingly using software to serve its clients, moving away from its initial crush for wi-fi or enabling wireless use of internet devices.Source: The Financial Express |
Key polls over, Govt looks to hike fuel prices
The oil ministry is expected to suggest an increase in prices of petrol by Rs 4 and diesel by Rs 2 litre, respectively.Source: India Business-Business-The Times of India |
No FDI hike in media without level playing field
Source: The Financial Express |
Crude futures hit record $100 a barrel
Crude oil future touch the psychological mark of 100 dollars a barrel on apprehensions that inventories might have fallen in the US and that trouble in Nigeria will lead to cutting off or disruption in the supplies.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Theres nothing called election Budget
India's road map for reducing customs duty to Asean levels by the next fiscal has hit a speed bump created by the rupee's appreciation. The government remains committed to reducing the peak rates to the Asean level of 5% to 10%. But the stronger rupee has made it do a re-think on whether to go in for cutting peak duty in the coming Budget, sources close to the development said. India's peak customs duty is 10%.Source: The Financial Express |
Centre to review all SEZs in Goa
Centre to review all SEZs in GoaSource: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Rupee weakens to 39.45 a dollar
The rupee weakened further against the US currency in the morning trade on Thursday due to weak equity markets and rising crude oil prices. In quiet tSource: NDTV News |
Shivraj Patil visits Kandhamal
Union home minister Shivraj Patil visited some of the riot-torn areas of Kandhamal district and gathered first-hand information on the recent flare-ups there.Source: The Financial Express |
AAI foresees more mid-air mess
Air travel in India may get more chaotic as Airports Authority of India (AAI) says passenger traffic is expected to record a 21.6% annual growth over the next five years.Source: India Business-Business-The Times of India |
Gold soars by Rs 260 on high global cues
New Delhi, Jan 3 (PTI) Gold prices surged by Rs 260 to reach at Rs 11,020 per
10 gram in the bullion market today on increased buying by stockists and
jewellery fabricators amid reports of high...
Source: PTI News : Business |
Profit booking pulls Sensex down
Mumbai, Jan 3 (PTI) The Bombay Stock Exchange benchmark Sensex today fell 121
points on emergence of heavy selling at the existing higher levels.
The 30-share index, which gained 165 points...
Source: PTI News : Business |
TRAI competent to regulate broadcast services: SC
New Delhi, Jan 3 (PTI) The Supreme Court today dismissed private broadcaster
Star India's petition challenging the Delhi High Court's order that allowed
Telecom Regulatory Authority of India...
Source: PTI News : Business |
Nokia gets contract from Airtel for pan-India IVR
Nokia Siemens Networks today said it has received a pan-India multi-million euro contract from Bharti Airtel Ltd for deploying its single Interactive Voice Response (IVR) platform across 23 circles.Source: webindia123.com |
Auto trends of 2008
Source: India Business-Business-The Times of India |
Search for aliens to get 500 times boost with upgraded SETI@home software
The search for extraterrestrial life is all set to get a major boost with the upgrading of the SETI@home software, which has been improved to deal with 500 times more data generated by the worlds largest radio telescope in Arecibo, Puerto Rico.Source: webindia123.com |
Rupee eases on equity falls
At 9:50 a.m. (0420 GMT), the partially convertible rupee was at 39.445/455 per dollar, softer than the previous close of 39.43/44.Source: India Business-Business-The Times of India |
Government clears SAIL SEZ at Salem
The public sector steel giant Steel Authority of India Ltd (SAIL)s proposal to set up a Special Economic Zone (SEZ) at Salem has been given formal clearance by the Board of Approval (BoA) of the Ministry of Commerce in its meeting held here yesterday.Source: webindia123.com |
TRAI competent to regulate broadcast services: SC
The SC dismissed private broadcaster Star India's petition challenging the Delhi HC order that allowed TRAI to regulate broadcasting services in the country.Source: India Business-Business-The Times of India |
Tata named preferred bidder for JLR
Tata Motors was today named the preferred bidder for Ford's British marquees Jaguar and Land Rover, but a final decision for the sale was yet to be taSource: NDTV News |
Aptechs ACCP chosen as Best ICT Training program
Aptech Computer Educations flagship program ACCP (Aptech Certified Computer Professional) has been selected as the Best ICT Training program in the Best ICT Choice of Mongolia-2007 competition.Source: webindia123.com |
Oil prices ease after hitting $100
World oil prices eased in Asian trading after earlier sending a shudder through the global economy by hitting a record $100 per barrel for the first tSource: NDTV News |
Parsvnath to set up pharma SEZ
In pursuance to development of SEZs, Parsvnath SEZ Limited will develop a Pharmaceutical Special Economic Zone (SEZ) at Nanded in Maharashtra. The comSource: NDTV News |
Indo Asian Fusegear sets up new switchgear plant; invests Rs 40
Leading electrical equipment manufacturer Indo Asian Fusegear Ltd today commissioned a new switchgear plant in Uttarakhand at a cost of Rs 40 crores.Source: webindia123.com |
Indian stock markets third best performing in the world
Indian stock markets have been rated third best performing market in the world. India follows Peru and Brazil and has ousted China.Source: rediff Business |
RUBCO inks pact with KSDL
Kerala State Rubber Cooperative LTD (RUBCO) today joined hands with Karnataka Soaps and Detergents LTD (KSDL) for marketing Virgin coconut oil under the brand name NUTRIKO throughout the country.Source: webindia123.com |
FM elated over revenue buoyancy
Finance Minister literally celebrated the vital statistics of direct taxes, for the first time, surpassing the indirect tax collections in the countrySource: rediff Business |
Bajaj launches online investment and stock broking platform
Bajaj Capital Venture, part of Bajaj Capital Investor Services Ltd, today announced the launch of Just Trade-its online investment and stock broking services with a target of 1,00,000 accounts across thousand towns of India by the end of 2008.Source: webindia123.com |
Gold price surges to record levels
Gold prices topped $860 an ounce Wednesday as a weak U.S. dollar coupled with a record-setting push to $100 oil spurred demand for the precious metal.Source: rediff Business |
Karunanidhi threatens to nationalise cement industry
Tamil Nadu Chief Minister M. Karunanidhi threatened Wednesday to nationalise all cement factories in the state unless manufacturers drastically reduced prices.Source: webindia123.com |
Hot commodities of 2007
It's time for the annual fest of figures and charts to review a selection of the key trends in 2007 for commodities and mining shares.Source: rediff Business |
Measured Talk: The Science of Marketing
The debate about the usefulness of such scientific methods in more evolving contexts such as India is an ongoing one, writes Arindam Banerjee.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Know the commodities traded in global exchanges
Do you know which are the major commodity exchanges in the world, and what are the commodities traded in each bourse?Source: rediff Business |
Profit booking pulls Sensex down
The benchmark Sensex falls 121 points on emergence of heavy selling at the existing higher levels.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Gold: The most happening commodity in 2008
Gold bugs celebrated the immediate returns, and remain confident the returns will continue throughout 2008 - but some near-term volatility may be in the books.Source: rediff Business |
Sensex down on weak global cues
Sensex ends lower by nearly 120 points today, with funds resorting to selling amid weak global trends.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Commodities: A preview of 2008
2008 is the year of the rat. The Chinese Zodiac says the year of the rat will be volatile for commodities and equities. However 2008 is the year of the Earth Rat, which is prosperous for the earth and metal industries.Source: rediff Business |
Wipro opens BPO centre in Philippines
The global IT services arm of Wipro Limited has opened a BPO centre in Cebu in the Philippines as part of its strategy to build international delivery capabilities.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Corporate Social Responsibility - the buzzword
Corporate Social Responsibility is increasingly seen as a key differentiator, something corporates can no longer ignore.Source: rediff Business |
Kerala to park 15% in DMRC's Kochi Metro rail project
The Kerala government intends to park 15% equity in the Rs 3,048-crore elevated light rail Kochi Metro PPP to be implemented by Delhi Metro Rail Corporation.Source: The Financial Express |
Ford names Tata Motors as preferred bidder for J-LR
London, Jan 3 (PTI) Tata Motors was today named the preferred bidder for Ford's
British marquees Jaguar and Land Rover, but a final decision for the sale was
yet to be taken.
"Ford is...
Source: PTI News : Business |
CPM wins Balagarh, but TMC gainer from Nandigram wave
The CPI(M) has retained the Balagarh assembly seat, winning the byelection by 8,410 votes, but the shock waves from Nandigram and land acquisition has severely eroded its vote bank.Source: The Financial Express |
Price hike not the only way: Deora
Government on Thursday said fuel price hike was not the only solution for reducing the losses faced by public sector oil firms, and that other optionsSource: NDTV News |
Bengal govt to form committee for monitoring NKID project development
The West Bengal government has decided to set up a high-level steering committee, chaired by chief minister Buddhadeb Bhattacharjee, to monitor the development of the project undertaken by New Kolkata International Development Pvt Ltd.Source: The Financial Express |
Markets mixed, power stocks gain
Markets closed mixed on Thursday with the benchmark index at 20,345 making a loss of 0.59 per cent or 120 points. In the broader markets, Nifty also cSource: NDTV News |
What seems impossible is always fun to overcome
I was very entrepreneurial while growing up. Also, I had a very keen interest in working with technology since my early school days. I loved computers to such an extent that while other school children spent their time playing cricket, football and other games, I spent all my lunch breaks and after school time in the computer laboratory at the school.Source: The Financial Express |
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