Haryana to mark out houses of people below poverty line
The Haryana government Saturday announced the decision to paint a yellow strip inscribed 'BPL parivar' (below poverty line family) at a conspicuous place on the main gate of each poor household to ensure their identity.Source: IndiaeNews.com: Business News | 5 Jan 2008 | 3:32 pm
BSNL launches caller tracking facility in N-E
BSNL has introduced the location-based services (LBS), which includes the service that helps track the place from where the call is made to BSNL phone, in the North-East.Source: Daily News & Analysis: Money News | 5 Jan 2008 | 12:11 pm
Mahindra may pull out of Renault-Nissan car venture
Mahindra and Mahindra may pull out of a joint venture with France's Renault and Japan's Nissan to build a one-billion-dollar car plant in India, media reports said.Source: Daily News & Analysis: Money News | 5 Jan 2008 | 12:06 pm
Jet becomes first pvt airline to launch flights to Gulf
Jet Airways on Saturday become India's first private airlines to begin its services to the Gulf with the launch of its direct daily flight to Kuwait and Bahrain.Source: Daily News & Analysis: Money News | 5 Jan 2008 | 10:17 am
Robust start for Indian equities in New Year
Trading in Indian equities began on a positive note in the New Year with a key market index closing on a record high during the week ended Friday, backed by strong purchases by foreign funds and the buzz created by Reliance Power's upcoming $2.75 billion public offer.Source: IndiaeNews.com: Business News | 5 Jan 2008 | 9:00 am
Jet becomes first Indian private carrier to launch Gulf operations
Jet Airways Saturday became the first Indian private carrier to operate in the Gulf sector, launching four daily direct flights from India to Kuwait and Bahrain.Source: IndiaeNews.com: Business News | 5 Jan 2008 | 7:01 am
French fries sizzle in banana chip country
As fast urbanising Kerala develops new food habits, new businesses are capitalising on the trend. And French fries sure seem to have caught the fancy of urban Keralites who have otherwise been brought up on generous helpings of banana chips and tapioca wafers.Source: IndiaeNews.com: Business News | 5 Jan 2008 | 5:00 am
Diamonds are going to get dearer
Diamonds are getting scarce in the market and their prices are rising. Customers are also gravitating from gold to diamonds, which has put greater pressure on demand.Source: Daily News & Analysis: Money News | 5 Jan 2008 | 4:23 am
FM asks banks to give more and cheaper loans
The good news first: finance minister Palaniappan Chidambaram has directed banks to reduce both the rate at which they give out loans by 50 basis points.Source: Daily News & Analysis: Money News | 5 Jan 2008 | 4:22 am
Sensex, Nifty at new highs
The Indian stock market ended the first week of the new year on a positive note with both key indices ? the Bombay Stock Exchange's Sensex and the National Stock Exchange's Nifty 50 ? scaling newSource: Business Standard | Front Page Headlines | 5 Jan 2008 | 12:29 am
Bajaj to offer preview of small car at Auto Expo
Delhi's Auto Expo, starting January 9, is attracting more attention than usual this year because, among other things, Tata Motors will be displaying its much-discussed Rs 1 lakh car, the world'sSource: Business Standard | Front Page Headlines | 5 Jan 2008 | 12:28 am
M pulls out of JV with Renault and Nissan
Homegrown farm equipment-to-software group Mahindra & Mahindra is understood to have pulled out of the tripartite joint venture with Renault and Nissan, barely a year after the parties announcedSource: Business Standard | Front Page Headlines | 5 Jan 2008 | 12:27 am
Moody`s may downgrade Tata Motors
Global rating agency Moody's Investors Service has announced that it has placed the Ba1 corporate family rating of Tata Motors Ltd on review for a possible downgrade. ??Source: Business Standard | Front Page Headlines | 5 Jan 2008 | 12:27 am
FM tells banks to cut rates
SBI's deposit rate hike sends 'confusing signals'.??Source: Business Standard | Front Page Headlines | 5 Jan 2008 | 12:26 am
Chidambaram for lower rate regime
Public sector banks asked to encourage investment as well as consumptionSource: Business Line - Home Page | 5 Jan 2008 | 12:00 am
Govt fixes performance standards for ports
Responsibilities, penalties for both authorities and developersSource: Business Line - Home Page | 5 Jan 2008 | 12:00 am
IT stocks witness profit booking
US job data, strong rupee send negative signalsSource: Business Line - Home Page | 5 Jan 2008 | 12:00 am
GIC to open branch in London
Bets on foreign portfolio for growthSource: Business Line - Home Page | 5 Jan 2008 | 12:00 am
Zooming in on Tata’s ‘revolutionary new small car’
Chennai, Jan. 4 With only days to go for the unveiling of Tata’s small car, expectations are understandably high on the likely impact. “The ‘one lakh car’ could do for rural Indians what Henry Ford’s Model ...Source: Business Line - Home Page | 5 Jan 2008 | 12:00 am
Delhi Metro: First rail project on UN green list
Feat would help financially by earning carbon creditsSource: Business Line - Home Page | 5 Jan 2008 | 12:00 am
Inflation rate up on costlier manufactured items
Wholesale Price Index of all commodities at 215.9 pointsSource: Business Line - Home Page | 5 Jan 2008 | 12:00 am
Inbound westerly system hits central Asia
Eastern Europe and Central Asia are reeling under the ‘whitening’ effect from a massive rain-and-snow spouting weather system whose next ports of call to the east include Iran, Afghanistan, Pakistan and India, in that order. ...Source: Business Line - Home Page | 5 Jan 2008 | 12:00 am
'Open architecture' in phases
Walking into a bank and getting a platter of insurance products from multiple companies, like you do for mutual funds, may not be on the immediate cards.Source: Daily News & Analysis: Money News | 4 Jan 2008 | 10:28 pm
Life insurers' club to swell, market to consolidate
Almost 18-20 new entrants are expected in another few months, and the subsequent competition is expected to double the life insurance business to Rs 3,59,000 crore in three years' time.Source: Daily News & Analysis: Money News | 4 Jan 2008 | 10:28 pm
Shipping rates may sail smooth
Commodity shipping and tanker rates, which touched record highs last year, are expected to remain firm this year as well.Source: Daily News & Analysis: Money News | 4 Jan 2008 | 10:23 pm
Indian power firm to supply transformers to Azerbaijan
State-owned power equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) will supply to Azerbaijan transformers worth Rs.400 million ($10 million), the company said Friday.Source: IndiaeNews.com: Business News | 4 Jan 2008 | 3:00 pm
Key Indian share indices scale new peaks
Key Indian stock market indices zipped to their highest-ever levels Friday on the back of some active buying across several counters and renewed interest ahead of a mega initial offering by Reliance Power.Source: IndiaeNews.com: Business News | 4 Jan 2008 | 2:31 pm
Global chipmaker opens second facility in Hyderabad
Advanced Micro Devices (AMD), an US-based global supplier of integrated circuits and processing solutions for computing, strengthened its India operations by opening its second research and design (R and amp;D) facility here.Source: IndiaeNews.com: Business News | 4 Jan 2008 | 2:31 pm
Reliance Power to list February after $2.75 bn issue
Reliance Power, which goes for the country's largest public offering of over $2.75 billion Jan 15, will list on the bourses early February, chairman Anil Dhirubhai Ambani said here Friday.Source: IndiaeNews.com: Business News | 4 Jan 2008 | 2:30 pm
E-tax payment may be compulsory
To cover tax payments of Rs 50,000 and above. ??Source: Business Standard | Front Page Headlines | 4 Jan 2008 | 12:29 am
Tatas in final talks for Jaguar, Land Rover
US carmaker Ford said on Thursday India's Tata Motors was the front-runner to buy its European brands Jaguar and Land Rover. ??Source: Business Standard | Front Page Headlines | 3 Jan 2008 | 6:31 pm
OVL-Hinduja plan $20 bn investment
Oil and Natural Gas Corporation (ONGC), the country's largest oil exploration company, and the UK-based Hinduja group is lining up investment of close to $20 billion (around Rs 80,000 crore) inSource: Business Standard | Front Page Headlines | 3 Jan 2008 | 6:30 pm
Lee Cooper banks on Future Group
Having forged a 50:50 joint venture with the Future Group, Lee Cooper India is planning to tap into the resources of the former for strengthening its retail foray in the country.Source: Moneycontrol Top Headlines | 28 Apr 2007 | 11:47 am
Zensar targets first time outsourcers with new service
Zensar Technologies turns focus on greenhorn outsourcers with its new initiative `first time offshoring\' portfolio.Source: Moneycontrol Top Headlines | 28 Apr 2007 | 11:43 am
Infosys expands Czech BPO unit
Infosys Technologies has announced the expansion of its nearshore facility in Brno, Czech Republic. It has set up a 400seat facility to provide BPO and IT services to its clients in Europe.Source: Moneycontrol Top Headlines | 28 Apr 2007 | 11:37 am
ToyotaKirloskar expansion in Karnataka hits a bump
A recent High Court ruling may force passenger carmaker Toyota Kirloskar to scout for land outside Karnataka for expanding its operations.Source: Moneycontrol Top Headlines | 28 Apr 2007 | 11:29 am
NTPC offers 3 projects for foreign equity participation
NTPC Ltd is offering three upcoming projects for foreign equity participation, with minority doubledigit stakes on the anvil for these gasbased projects coming up in South India.Source: Moneycontrol Top Headlines | 28 Apr 2007 | 11:24 am
WB govt unwilling to grant license to German firm
After Reliance, it might be Germany\'s Metro that could be up against the Left. The West Bengal government is unwilling to grant a license to Metro for its startup in Kolkata, reports CNBCTV18.Source: Moneycontrol Top Headlines | 27 Apr 2007 | 9:07 pm
Five star hotels resort to dynamic pricing
If five star hotels were expensive last year, then this year they are almost unaffordable. Tariffs are up 1215%. Hotels are resorting to dynamic pricing that works to the advantage of both the hotel and the guests, reports CNBCTV18.Source: Moneycontrol Top Headlines | 27 Apr 2007 | 8:58 pm
No fear of an asset bubble in property market: ICICI Bank
India\'s leading home loan provider ICICI Bank has said there is no fear of an asset bubble in the property market. Affordability though has been hit hard, reports CNBCTV18.Source: Moneycontrol Top Headlines | 27 Apr 2007 | 8:43 pm
India's forex reserve increases by $2.8 billion
India's foreign exchange reserves increased by USD 2.837 billion for the week-ended December 28 to USD 275.559 billion.Source: India Business-Business-The Times of India |
Toonzs Freefonix goes on air in BBC this week
Toonz Animation's 40-episode Freefonix is going on air in BBC channels, CBBC and BBC One from this week.Source: The Financial Express |
Jet Airways plans flight to Shanghai; launches four to Gulf
Jet Airways on Saturday launched flights to Kuwait and Bahrain, becoming India's first private air carrier to fly to the Gulf, and plans to start services to China.Source: India Business-Business-The Times of India |
M&M quits three-way Renault, Nissan JV
Global auto giants Renault and Nissan chief Carlos Ghosn's plans to revive sagging car sales aided by India's "frugal manufacturing" may have received its first jolt. Diversified Mumbai-based major Mahindra & Mahindra is understood to have pulled out of the tripartite joint venture with Renault and Nissan, just a year after the partners announced plans to set up a Rs 4,000-crore car manufacturing plant in Chennai.Source: The Financial Express |
Market Watch: How to play oil after the super spike
With crude oil at all-time highs, it is a good time to take a fresh look at prospects for the entire sector: upstream and downstream, writes Udayan Mukherjee.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
FM calls for softer interest rates
Finance Minister P Chidambaram said public sector banks should try to cut deposit and lending rates by 50 basis points to provide softer loans for investment and consumption.Source: The Financial Express |
PSU banks doing well, says Chidambaram
FM P Chidambaram said most banks were on course to meet annual growth targets, including on loan disbursal.Source: India Business-Business-The Times of India |
Rs 1-lakh crore fund for T&D sector investments planned
The government is planning to set up a national electricity fund with a corpus of Rs 1 lakh crore for investment in the transmission and distribution sector.Source: The Financial Express |
ADAG eyes strategic tie-up with power equipment majors
Chairman Anil Ambani of Anil Dhirubhai Ambani Group is in talks with global power equipment manufacturers for a strategic tie-up, report Suman Layak & MC Vaijayanthi.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Petromin seeks sops for oil companies
With crude prices soaring to $100 a barrel, the petroleum ministry has sought relief from the finance ministry to bail out cash-strapped oil companies.Source: The Financial Express |
Foreign firms queue up for new REL JV
A slew of foreign majors have held talks with Reliance Energy Ltd for a tie up in boiler-turbine-generator manufacturing for the power sector.Source: The Financial Express |
Wanted: dealmakers; pay: outrageous
A job here can certainly raise your personal equity. It isn't only CEOs who are making the move to private equity firms. Fast-rising, mid-career folks are lining up, too, joining such firms as partners to review companies' strategies and hunt for deals.Source: The Financial Express |
SCCI meet shifted from Karachi to New Delhi
Lahore, Jan 5 (PTI) The venue of SAARC Chamber of Commerce and Industry (SCCI)
presidential meeting has been changed from the Pakistani port city of Karachi
to New Delhi in the wake of...
Source: PTI News : Business |
FM calls for softer interest rates
Finance Minister P Chidambaram said public sector banks should try to cut deposit and lending rates by 50 basis points to provide softer loans for investment and consumption.Source: The Financial Express |
Petrol, diesel prices may rise after Jan 17
The move is a desperate bid to reduce the mounting losses of state-owned oil marketing firms reeling under a record $100/barrel-mark crude prices.Source: India Business-Business-The Times of India |
Toonzs Freefonix goes on air in BBC this week
Toonz Animation's 40-episode Freefonix is going on air in BBC channels, CBBC and BBC One from this week.Source: The Financial Express |
AMD opens second R&D facility in Hyderabad
AMD (Advanced Micro Devices), engaged in providing innovative processing solutions in computing, graphics and consumer electronics markets, announced the opening of a second research and design facility in Hyderabad.Source: The Financial Express |
Foreign firms queue up for new REL JV
A slew of foreign majors have held talks with Reliance Energy Ltd for a tie up in boiler-turbine-generator manufacturing for the power sector.Source: The Financial Express |
FM tells banks to cut rates
Chidambaram asks the bosses of state-owned banks to bring down the cost of funds so that lending rates can be kept low, reports Arun Kumar.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Microsoft tweaks Office 2003 update
Microsoft Corp changed course on an update to Office 2003 that blocked certain older file types from opening, after receiving a flurry of criticism frSource: NDTV News |
Jet becomes first pvt airline to launch flights to Gulf
Jet Airways on Saturday become India's first private airlines to begin its services to the Gulf with the launch of its direct daily flight to Kuwait and Bahrain.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
ADB to make foray into China's airport business
The Asian Development Bank (ADB) is making its first foray into the airport business in China, said the Manila-based lender. The project will involveSource: NDTV News |
Petromin seeks sops for oil companies
With crude prices soaring to $100 a barrel, the petroleum ministry has sought relief from the finance ministry to bail out cash-strapped oil companies.Source: The Financial Express |
'Govt to earn Rs 7,000cr from spectrum fee'
Government's revenue from spectrum fee levied from mobile operators is poised to more than double to Rs 7,000 crore in 2008-09, without really impacting the tariffs.Source: India Business-Business-The Times of India |
India's tea export to Pak dips
Kochi, Jan 5 (PTI) India's tea export to Pakistan has declined to 10 million kg
this year, Union Minister of State for Commerce Jairam Ramesh said today.
During 2006, the export had touched 16...
Source: PTI News : Business |
Haryana to mark out houses of people below poverty line
The Haryana government Saturday announced the decision to paint a yellow strip inscribed BPL parivar (below poverty line family) at a conspicuous place on the main gate of each poor household to ensure their identity.Source: webindia123.com |
Gold prices fell from records on stockists selling
New Delhi, Jan 5 (PTI) Gold prices declined from records in the bullion market
today on emergence of selling by stockists at existing higher levels amid poor
demand from retail customers.
...
Source: PTI News : Business |
Jyoti Basu too warms up to capitalism
Veteran Communist Party of India-Marxist (CPI-M) leader Jyoti Basu Saturday supported Chief Minister Buddhadeb Bhattacharjees advocacy of capitalism to carry forward industrialisation in West Bengal, saying it was no longer possible for his party to adhere to socialist goals.Source: webindia123.com |
Auto, durables may get a boost
FM Chidambaram's advisery to PSU banks that they should focus on giving loans to consumer goods sector at lower rates could bring some cheers for segments like automobiles .Source: India Business-Business-The Times of India |
Robust start for Indian equities in New Year
Trading in Indian equities began on a positive note in the New Year with a key market index closing on a record high during the week ended Friday, backed by strong purchases by foreign funds and the buzz created by Reliance Powers upcoming $2.75 billion public offer.Source: webindia123.com |
M&M out of Nissan-Renault JV
Mahindra and Mahindra has decided to pull out as, sources said, differences have emerged over quantum of investments to be made by three partners.Source: India Business-Business-The Times of India |
Madhya Pradesh villagers first to get residential land rights
Madhya Pradesh will Jan 26 become the first state in the country to provide villagers with ownership rights of their houses and residential plots, officials said.Source: webindia123.com |
Sensex on a new high in New Year
Bourses made a headway in the first week of the New Year with both key indices, the benchmark Sensex and Nifty, adding more than 2 per cent to their kitty.Source: India Business-Business-The Times of India |
Bill Gates' technology keynote could be his last
Back in 1983, Microsoft co-founder Gates was unveiling a previously unheard of product named Windows at the Comdex computing expo. As he spoke, WilliaSource: NDTV News |
India's forex reserve up by $2.8 bn
India's foreign exchange reserves increased by $2.837 billion for the week-ended December 28 to $275.559 billion. The reserves had dipped successivelySource: NDTV News |
BSNL launches caller tracking facility in North East
BSNL has launched location based services, including caller tracking facility, in North East India.Source: rediff Business |
Advani, Rajnath to launch Chhattisgarhs subsidised food scheme
Chhattisgarhs Bharatiya Janata Party (BJP) government will launch an ambitious food security scheme Jan 16 in the presence of party president Rajnath Singh and senior leader L.K. Advani.Source: webindia123.com |
Sebi to launch two new products soon
SEBI revealed its plans of introducing two new products within a month.Source: rediff Business |
Burj Dubai eclipses all other towers
Burj Dubai, the skyscraper under construction here which is planned to be the tallest in the world, has reached a height of 598.5 metres with 158 completed floors - the most in any building in the world - WAM news agency reported Saturday.Source: webindia123.com |
10 things that won't happen in 2008
Pundits are eager to provide their predictions for the new year. Here's something a little different.Source: rediff Business |
Jet becomes first Indian private carrier to launch Gulf operations
Jet Airways Saturday became the first Indian private carrier to operate in the Gulf sector, launching four daily direct flights from India to Kuwait and Bahrain.Source: webindia123.com |
Sant Chatwal to invest Rs 5000 cr in India
Sant Chatwal announced his plans of bringing Hampshire Hotels and Resorts to India. Keen on opening hotels in Punjab, he plans on a pan Indian presence.Source: rediff Business |
ADB to make first foray into Chinas airport business
The Asian Development Bank (ADB) is making its first foray into the airport business in China, said the Manila-based lender.Source: webindia123.com |
10 likely events in 2008
After pondering what won't happen, we decided to don our prediction hats again. Think: President Bloomberg and an Apple flat screen, or maybe not.Source: rediff Business |
Market misses public sector bank story
As per a research report the stock market may have missed out on the positive changes in state-owned banks thus leading to outperformance of private banks by public sector banks in the market, reports S Sinha.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Jet becomes first private airlines to fly to Gulf
Jet Airways launched direct flights to the Kuwait and Bahrain, thereby meeting the rising demand for connectivity with Gulf. It is the first private airline to fly to Gulf.Source: rediff Business |
Reliance Power IPO opens Jan 15
Anil Dhirubhai Ambani Group company Reliance Power Ltd announces plans to raise a maximum, of Rs 10,260 crore from the public, report MC Vaijayanthi & Suman Layak.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Education: New kid on the block
Education as a sector is rising up on the investment charts, at a slow but sure pace. For investors, researching on this sector is an up-hill task.Source: rediff Business |
Market review: Sensex on a new high in first week of '08
Bourses made headway with the benchmark Sensex and Nifty adding more than 2 per cent to their kitty in anticipation of encouraging third quarter earnings.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Salem to become total banking district before April
RBI has declared its aim of making Salem a total banking district by the end of this fiscal.Source: rediff Business |
Hampshire Hotels to invest Rs 5000 cr in India
New York-based Hampshire Hotels has proposed to invest Rs 5,000 crore to build hotels across India in a span of four years.Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Reliance to make foray into foreign soil for power generation
Ahmedabad, Jan 5 (PTI) Anil Ambani Group's Reliance Power plans a foray into
foreign countries for power generation.
"I do not believe India alone will be our domain," Reliance Power chairman...
Source: PTI News : Business |
Wanted: dealmakers; pay: outrageous
A job here can certainly raise your personal equity. It isn't only CEOs who are making the move to private equity firms. Fast-rising, mid-career folks are lining up, too, joining such firms as partners to review companies' strategies and hunt for deals.Source: The Financial Express |
Sensex on a new high in first week of New Year
Mumbai, Jan 5 (PTI) Stocks: Bourses made a headway in the first week of the New
Year with both key indices, the benchmark Sensex and Nifty, adding more than 2
per cent to their kitty in...
Source: PTI News : Business |
Rs 1-lakh crore fund for T&D sector investments planned
The government is planning to set up a national electricity fund with a corpus of Rs 1 lakh crore for investment in the transmission and distribution sector.Source: The Financial Express |
Big plans for Reliance Power IPO
Reliance Power, a unit of Reliance Energy, plans to raise up to $2.9 billion in what would be India's biggest public offering, investment bankers saidSource: NDTV News |
M&M quits three-way Renault, Nissan JV
Global auto giants Renault and Nissan chief Carlos Ghosn's plans to revive sagging car sales aided by India's "frugal manufacturing" may have received its first jolt. Diversified Mumbai-based major Mahindra & Mahindra is understood to have pulled out of the tripartite joint venture with Renault and Nissan, just a year after the partners announced plans to set up a Rs 4,000-crore car manufacturing plant in Chennai.Source: The Financial Express |
Beijing opens world's largest air terminal
A dragon is rising in the Olympic city of Beijing as the world's largest airport terminal is about to open for business at the end of February. "Source: NDTV News |
AMD opens second R&D facility in Hyderabad
AMD (Advanced Micro Devices), engaged in providing innovative processing solutions in computing, graphics and consumer electronics markets, announced the opening of a second research and design facility in Hyderabad.Source: The Financial Express |
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