Maruti has showcased its first ever IndoJapanese concept vehicle in India. Shinzo Nakanishi, MD, Maruti told CNBCTV18 that they will start exporting AStar to Europe by 2008end. Such new model launches will help increase volumes. Although, they currently have no plans to make a car smaller than Maruti 800.
Source:
Moneycontrol Top Headlines | 9 Jan 2008 | 4:31 pm
PJ Sheth, Chairman of Solitaire Machine Tools told CNBCTV18 that they are looking at some new projects and have already tied up for one project in the current year with an Italian company. He adds that 50%
Source:
Moneycontrol Top Headlines | 9 Jan 2008 | 3:48 pm
Speaking to CNBCTV18, VD Bajaj of Rama Newsprint Papers said there could be a price increase of USD 200 per tonne of newsprint in 08. The chief reasons include currency appreciation and the escalating of freight rates. Meanwhile, Ranjan Poddar of Sirpur Paper said paper prices are firm and will continue to remain so in the next financial year.
Source:
Moneycontrol Top Headlines | 9 Jan 2008 | 3:32 pm
The government may soon adopt a new mineral policy, which will result in higher mineral prices. Rahulkumar Baldota, Wholetime Director of MSPL told CNBCTV18 that keeping mineral prices ad valorem is going to lead to a lot of administrative hassles.
Source:
Moneycontrol Top Headlines | 9 Jan 2008 | 2:56 pm
Speaking to CNBCTV18, Vinod Juneja of Binani Cement said they have increased capacity from 2 million MT to 6 million MT. He added that they are putting up a new greenfield plant in China.
Source:
Moneycontrol Top Headlines | 9 Jan 2008 | 2:15 pm
R Seshasayee, MD of Ashok Leyland informed CNBCTV18 that his company has plans for over 20 new products for the year. The company has introduced new products in the higher power market, he added. Seshasayee is optimistic about Ashok Leylands turnaround, adding that in 20082009, they will get back to growth path.
Source:
Moneycontrol Top Headlines | 9 Jan 2008 | 1:19 pm
Sarang Wadhawan , MD at HDIL told CNBCTV18 that that the company has not received any official confirmation from Government on Dharavi project. He added that HDIL is bidding for all 5 sectors, as each consortium will be allotted to 1 sector. He expects final allocation of sectors in 3 months
Source:
Moneycontrol Top Headlines | 9 Jan 2008 | 1:16 pm
According to a CNBCTV18 exclusive report, Unitech plans to raise USD 1.5 billion via QIP issue to fund expansion. This Unitech QIP will be the largest ever by an Indian company, which is like to happen by Januaryend, quoted unnamed sources.
Source:
Moneycontrol Top Headlines | 9 Jan 2008 | 1:00 pm
Looking to unlock shareholder value across the group, ICICI Bank will list at least four of its subsidiaries and the process could commence within six months.
Source:
Daily News & Analysis: Money News | 9 Jan 2008 | 12:40 pm
The Supreme Court on Wednesday stayed in the interim, proceedings in the Gujarat High Court against Reliance Power's IPO that is slated to open on January 15.
Source:
Daily News & Analysis: Money News | 9 Jan 2008 | 12:02 pm
Rajasthan Chief Minister Vasundhara Raje Wednesday unveiled the Artech-Dalmia Centre for IT at Banasthali Vidyapeeth, a women's university in Banasthali, some 70 km from the state capital.
Source:
IndiaeNews.com: Business News | 9 Jan 2008 | 12:01 pm
The government of Jharkhand and Tata Steel are crossing swords over the issue of 'millennium city' status to Jamshedpur - the steel city Tatas gave to the state.
Source:
IndiaeNews.com: Business News | 9 Jan 2008 | 12:00 pm
A three-day global trade and investment conference - India Your Partner - will be held in Mumbai beginning Friday.
Source:
IndiaeNews.com: Business News | 9 Jan 2008 | 12:00 pm
The much talked about 'People's Car' from the stable of Tata Motors and costing all of Rs.100,000 ($2,500) would be finally unveiled at the eight-day Auto Expo, beginning here Thursday morning.
Source:
IndiaeNews.com: Business News | 9 Jan 2008 | 12:00 pm
A day after industrialists pitched in for cuts in personal and corporate income tax rates in the next Budget FM received exactly a different suggestion from economists.
Source:
Daily News & Analysis: Money News | 9 Jan 2008 | 11:51 am
Low cost carrier,Deccan in association with State Bank of India has announced its special fixed fare offer called 'SBI card - Flat Fare' for all SBI credit card holders.
Source:
Daily News & Analysis: Money News | 9 Jan 2008 | 11:48 am
The brand value of Australian cricketers is expected to suffer dramatically in India following the acrimonious second test in Sydney, advertising experts say.
Source:
Daily News & Analysis: Money News | 9 Jan 2008 | 11:46 am
Suzlon Energy Tianjin Ltd (SETL), Suzlon Energy Ltd's China arm, will supply 100-MW wind power turbines to China, the company said on Wednesday.
Source:
Daily News & Analysis: Money News | 9 Jan 2008 | 11:46 am
Assam-based private cement manufacturer Barak Valley Cements Ltd (BVCL) is all set to go green with its 6-MW captive biomass power plant ready for commercial operation.
Source:
IndiaeNews.com: Business News | 9 Jan 2008 | 11:00 am
Suzlon Energy Tianjin Ltd (SETL), Suzlon Energy Ltd's China arm, will supply 100-MW wind power turbines to China, the company said Wednesday.
Source:
IndiaeNews.com: Business News | 9 Jan 2008 | 10:30 am
Volvo Car Corporation showcased its new sedan C70 at the 9th Auto Expo and is planning to launch it in the Indian market soon.
Source:
Daily News & Analysis: Money News | 9 Jan 2008 | 9:03 am
Two wheeler makers Honda Motorcycles Scooter India unveiled its new automatic scooter Aviator priced at Rs 39,675 (ex-showroom Delhi).
Source:
Daily News & Analysis: Money News | 9 Jan 2008 | 8:57 am
Diversified private business enterprise Sarda Energy and Mineral Ltd has raised the envisaged capacity of its power plant in Chhattisgarh from 600 MW to 1,100 MW.
Source:
IndiaeNews.com: Business News | 9 Jan 2008 | 8:30 am
A key market index opened on a cautious note at 20,903 points Wednesday morning.
Source:
IndiaeNews.com: Business News | 9 Jan 2008 | 8:02 am
Car maker Mahindra & Mahindra (M&M) told the Bombay Stock Exchange (BSE) that it has deferred plans to invest in a manufacturing plant in Chennai with Renault and Nissan.??
Source:
Business Standard | Front Page Headlines | 9 Jan 2008 | 12:28 am
The government has put a spanner in the plans of oil companies like Reliance Industries Ltd (RIL) and Hindustan Petroleum Corporation Ltd (HPCL) to make ethanol directly from sugarcane, without
Source:
Business Standard | Front Page Headlines | 9 Jan 2008 | 12:25 am
Ford India is investing $500 million (about Rs 2,000 crore) to double manufacturing capacity and build a new small car that will roll out of a new facility in Chennai within two years. ??
Source:
Business Standard | Front Page Headlines | 9 Jan 2008 | 12:24 am
Unveils prototype with promise of double mileage. ??
Source:
Business Standard | Front Page Headlines | 9 Jan 2008 | 12:23 am
May earn Rs 400-500 cr more from passenger ops
Source:
Business Line - Home Page | 9 Jan 2008 | 12:00 am
Performance slips to 5.3%; coal bucks trend
Source:
Business Line - Home Page | 9 Jan 2008 | 12:00 am
We recommend a buy in Gujarat Gas Company at current market price. Form the weekly chart of Gujarat Gas; we note that it has been on steady long-term uptrend form July 2006 low of Rs 184 levels. From the daily chart it is clear that the stock has ...
Source:
Business Line - Home Page | 9 Jan 2008 | 12:00 am
Drop attributed to delays in crushing, lower yield
Source:
Business Line - Home Page | 9 Jan 2008 | 12:00 am
797 stocks hit lower circuit filter
Source:
Business Line - Home Page | 9 Jan 2008 | 12:00 am
Allied Computers unveils prototype
Source:
Business Line - Home Page | 9 Jan 2008 | 12:00 am
Mahindra and Mahindra’s official announcement that it is deferring investment in the three-way joint venture with Renault and Nissan at Chennai is unlikely to have a very significant impact on its immediate prospects as the project is ...
Source:
Business Line - Home Page | 9 Jan 2008 | 12:00 am
Index stocks continue to dominate list of holdings
Source:
Business Line - Home Page | 9 Jan 2008 | 12:00 am
The US-based Chartered Financial Analyst (CFA) Institute has decided to approach the All India Council for Technical Education (AICTE) to seek approval for its India operations.??
Source:
Business Standard | Front Page Headlines | 7 Jan 2008 | 6:34 pm
The Supreme Court has ruled that the benefit given to the staff of a company under the employees' stock option scheme (ESOPs) cannot be considered taxable income and the company not obliged to deduct
Source:
Business Standard | Front Page Headlines | 7 Jan 2008 | 6:33 pm
Branded fuels help oil firms cut losses. ??
Source:
Business Standard | Front Page Headlines | 7 Jan 2008 | 6:33 pm
A gold rush is on in Sikkim for hydroelectric projects. Entrepreneurs from across the country have rushed to the Himalayan state to set up hydel projects, some with no experience in the sector, as the
Source:
Business Standard | Front Page Headlines | 6 Jan 2008 | 11:57 pm
While the rupee-hit Indian garment industry is looking to cut its production cost, the Chinese apparel machinery firms are planning to make foray into the Indian market with their low cost-high efficiency machines.
Source:
The Financial Express |
Industry captains, seem to have simply lifted last year's list and removed the dust off it and presented it to Chidambaram during pre-budget consultations.
Source:
India Business-Business-The Times of India |
Kingfisher Airlines would be permitted to fly abroad this year as it would enjoy the rights of low-cost carrier Air Deccan, which it has taken over.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
According to DoT's final list, Parsvnath and Indiabulls-promoted Selena Infrastructure's applications have not been given new licences/spectrum.
Source:
India Business-Business-The Times of India |
Rajasthan Chief Minister Vasundhara Raje Wednesday unveiled the Artech-Dalmia Centre for IT at Banasthali Vidyapeeth, a womens university in Banasthali, some 70 km from the state capital.
Source:
webindia123.com |
Hit by sluggish rise in output since September, the cumulative expansion in the industrial sector, during April-November 2007 dropped to 6%, as against 8.9% in the corresponding period in 2006.
Source:
India Business-Business-The Times of India |
Mahindra & Mahindra has decided to go all alone without Renault-Nissan for an independent plant near Chennai.
Source:
India Business-Business-The Times of India |
The industry estimates suggest, at least 10% of the seven million strong two-wheeler buyers would prefer buying the entry-level four-wheelers, with the advent of small-budget cars.
Source:
India Business-Business-The Times of India |
The much talked about Peoples Car from the stable of Tata Motors and costing all of Rs.100,000 ($2,500) would be finally unveiled at the eight-day Auto Expo, beginning here Thursday morning.
Source:
webindia123.com |
Key indices were choppy within a narrow range on Wednesday as traders were cautious at higher levels. Negative global cues also dampened sentiment.
Source:
India Business-Business-The Times of India |
'Amrita MiTrans' will deliver high bandwidth data and multimedia entertainment in moving vehicles. This technology will be displayed at the 9th Auto Expo in New Delhi on January 10.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
The Reserve Bank of India will shortly issue Rs 10 denomination bank notes with inset letter "S" in both numbering panels.
Source:
India Business-Business-The Times of India |
Bangalore-based garment manufacturer and exporter Gokaldas Exports Ltd has decided to expand its presence in Tier-II cities, a top official of the company said.
Source:
The Financial Express |
Following the establishment of Institute of Life Sciences, a life sciences research centre in Hyderabad, Dr Reddy's Laboratories will soon be signing an agreement with an US-based research institution to promote scientific excellence and innovation.
Source:
The Financial Express |
Realising the high growth potential the Indian SME sector offers a host of international PE funds are coming to India to make equity and equity related investments in the SMEs.
Source:
The Financial Express |
The government is studying a proposal to waive taxes on the provisioning of non-performing assets by banks, especially on farm sector lending. At present, NPA provisioning is taxed at the rate of 30%, which is the corporate tax rate. The finance ministry is likely to announce a liberal subsidy to settle NPAs that have arisen in the ailing farm sector, effectively bringing down their tax rate. Government sources said finance minister P Chidambaram could make an announcement to this effect in Budget 2008-09.
Source:
The Financial Express |
A special economic zone for small and medium engineering industries like foundry and pumps, technology upgradation fund scheme for foundry and pump manufacturing units, as for the textile industry, government intervention to control prices of pig iron and coking coal, the essential raw materials of these industries, streamlining of engineering education to meet the manpower needs of the industries, and quality power supply are among the major requisites of the small and medium enterprises in the Coimbatore region for their survival, modernisation and expansion.
Source:
The Financial Express |
Volatility continued for second straight day on Wednesday as equities retraced from higher levels to close lower.
Source:
India Business-Business-The Times of India |
The government of Jharkhand and Tata Steel are crossing swords over the issue of millennium city status to Jamshedpur - the steel city Tatas gave to the state.
Source:
webindia123.com |
Anil Ambani's Reliance Power has won a major reprieve on Wednesday after the Supreme Court cleared the way for the company's mega Initial Public Offer
Source:
NDTV News |
Assam-based private cement manufacturer Barak Valley Cements Ltd (BVCL) is all set to go green with its 6-MW captive biomass power plant ready for commercial operation.
Source:
webindia123.com |
Faced with the grim prospect of a crippling island-wide traders' strike, the Sri Lankan government has drastically cut taxes on essential foods, most
Source:
NDTV News |
Giving a fillip to its passenger car segment, Tata Motors on Wednesday launched new variants of multi-utility vehicle Sumo and sedan Indigo.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Government is likely to raise prices of petroleum products by the end of this month to help oil firms partly offset losses on selling fuel below cost
Source:
NDTV News |
Maruti cannot make Rs 1 lakh car and the company engineers say it cannot be done, Maruti Suzuki India MD-CEO Shinzo Nakanishi said.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Hit by supply constraints, infrastructure industries put up a dismal performance in November 2007 - a month that saw growth plummeting to 5.3 per cent
Source:
NDTV News |
Allied Computers International-Asia Ltd, a research based laptop manufacturing company, is all set to launch its first full featured laptop worth Rs 14,999/- in the country soon.
Source:
The Financial Express |
Economists are of the opinion that interest rates are likely to remain stable or moderate this year.
Source:
rediff Business |
The government is studying a proposal to waive taxes on the provisioning of non-performing assets by banks, especially on farm sector lending. At present, NPA provisioning is taxed at the rate of 30%, which is the corporate tax rate. The finance ministry is likely to announce a liberal subsidy to settle NPAs that have arisen in the ailing farm sector, effectively bringing down their tax rate. Government sources said finance minister P Chidambaram could make an announcement to this effect in Budget 2008-09.
Source:
The Financial Express |
Maruti cannot make a Rs 1 lakh car and the company engineers say it cannot be done, Maruti Suzuki India managing director and CEO Shinzo Nakanishi said.
Source:
rediff Business |
Following the establishment of Institute of Life Sciences, a life sciences research centre in Hyderabad, Dr Reddy's Laboratories will soon be signing an agreement with an US-based research institution to promote scientific excellence and innovation.
Source:
The Financial Express |
Stock market expert Pranav Sanghavi answers some of your queries.
Source:
rediff Business |
Allied Computers International-Asia Ltd, a research based laptop manufacturing company, is all set to launch its first full featured laptop worth Rs 14,999/- in the country soon.
Source:
The Financial Express |
Finance Ministry has written to the Power Ministry asking to freeze the completion costs of Dabhol plant.
Source:
rediff Business |
Bangalore-based garment manufacturer and exporter Gokaldas Exports Ltd has decided to expand its presence in Tier-II cities, a top official of the company said.
Source:
The Financial Express |
Kingfisher will be permitted to fly abroad this year, following its acquisition of Air Deccan. Since Air Deccan will be eligible for the international arena this August, Kingfisher too will enjoy this right.
Source:
rediff Business |
A three-day global trade and investment conference - India Your Partner - will be held in Mumbai beginning Friday.
Source:
webindia123.com |
Kingfisher will be permitted to fly abroad this year, following its acquisition of Air Deccan. Since Air Deccan will be eligible for the international arena this August, Kingfisher too will enjoy this right.
Source:
rediff Business |
The Chhattisgarh government plans to send SMS alerts about availability and supply of food to beneficiaries of the subsidised public distribution system (PDS), although officials are unclear how many of such families actually own mobile phones.
Source:
webindia123.com |
Latur and Nanded in Marathwada region of Maharashtra would soon be on the aviation map with the launch of flights from this metropolis to these towns, Civil Aviation Minister Praful Patel has said.
Source:
rediff Business |
The market for outsourced IT services in the United Arab Emirates (UAE) is expected to reach $170 million in 2010 from the $81.27 million recorded in 2006, according to the latest report of global market intelligence firm IDC, WAM news agency reported Wednesday .
Source:
webindia123.com |
ICICI Securities will be the first subsidiary to be listed, followed by two insurance subsidiaries and the home finance business, he added.
Source:
rediff Business |
US Secretary of Health and Human Services Mike Leavitt Wednesday called at one of Keralas premier export house, Synthite Industrial Chemicals, here to see for himself the standards and protocols being followed by the company.
Source:
webindia123.com |
New Delhi, Jan 9 (PTI) The country's biggest private sector lender ICICI Bank
today said it will "unlock value" in four of its subsidiaries and the process
could begin in six months with its...
Source: PTI News : Business |
Telecom tribunal TDSAT is now seeking withdrawal of additional spectrum held by rival GSM operators.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Mumbai, Jan 9 (PTI) In volatile trade today, the Bombay Stock Exchange
benchmark Sensex ended flat after setting yet another intra-day high,
indicating a strong resistance at higher levels.
...
Source: PTI News : Business |
European carmaker Volkswagen, which sells 'Passsat' and 'Touareg' in India, today said it would introduce two new models this year and expects to sell 110,000 cars after its plant is operational next year.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
New Delhi, Jan 9 (PTI) Kingfisher Airlines would be permitted to fly abroad
this year as it would enjoy the rights of low-cost carrier Air Deccan, which it
has taken over.
"All three airlines...
Source: PTI News : Business |
The 30-share index, after touching an intra-day high of 21,113.13 points, rolls back to end at 20.869.78.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
New Delhi, Jan 9 (PTI) The country's largest car maker Maruti Suzuki India
toady said Tatas' Rs 1 lakh car may have "some impact" on its sales but said
the price of its 800 model will not be...
Source: PTI News : Business |
A fixed fare of Rs 499 - (Basic fare) will be offered to passengers booking on Deccan using their SBI credit card.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Mumbai, Jan 9 (PTI) Terming as "corporate warfare" the attempts to sabotage
Reliance Power's IPO, Anil Ambani group today said it would pursue all legal
and other remedies to fight vested...
Source: PTI News : Business |
A special economic zone for small and medium engineering industries like foundry and pumps, technology upgradation fund scheme for foundry and pump manufacturing units, as for the textile industry, government intervention to control prices of pig iron and coking coal, the essential raw materials of these industries, streamlining of engineering education to meet the manpower needs of the industries, and quality power supply are among the major requisites of the small and medium enterprises in the Coimbatore region for their survival, modernisation and expansion.
Source:
The Financial Express |
Anil Agarwal-promoted Vedanta Resources will set aside a whopping Rs 50,000 crore in the next few years for metals, mining and power generation. Moreover, the outlay is expected to double in the coming years in view of the growth potential these sectors have.
Source:
The Financial Express |
While the rupee-hit Indian garment industry is looking to cut its production cost, the Chinese apparel machinery firms are planning to make foray into the Indian market with their low cost-high efficiency machines.
Source:
The Financial Express |
Markets closed flat on Wednesday with the benchmark index at 20,870 making a loss of 0.02 per cent or 4 points. The index touched an all time high of
Source:
NDTV News |
Realising the high growth potential the Indian SME sector offers a host of international PE funds are coming to India to make equity and equity related investments in the SMEs.
Source:
The Financial Express |
World oil prices continued higher in Asian trade on Wednesday, as traders bet on further crude inventory falls in the United States, the world's bigge
Source:
NDTV News |
Anil Agarwal-promoted Vedanta Resources will set aside a whopping Rs 50,000 crore in the next few years for metals, mining and power generation. Moreover, the outlay is expected to double in the coming years in view of the growth potential these sectors have.
Source:
The Financial Express |
Warning: include(/var/chroot/home/content/r/a/m/ramnem/html../footer.txt) [
function.include]: failed to open stream: No such file or directory in
/home/content/r/a/m/ramnem/html/archives/200801/20080109_india_bussiness.php on line
15
Warning: include() [
function.include]: Failed opening '/var/chroot/home/content/r/a/m/ramnem/html../footer.txt' for inclusion (include_path='.') in
/home/content/r/a/m/ramnem/html/archives/200801/20080109_india_bussiness.php on line
15
