Unitech Office Trust, or UOT will come out with an IPO on the Singapore Stock Exchange. CNBCTV18s Rahul Arora said that Unitech is trying to raise about USD 1.5million via a QIP issue. Part of this money will be used for their Bombay project, where they were looking to acquire 80 acres of land at an investment of Rs 4,000 crore.
Source:
Moneycontrol Top Headlines | 10 Jan 2008 | 5:00 pm
According to sources, Ispat Industries is buzzing around news that the company is offloading 25% in Ispat Energy to private equity players at about Rs 800 crore, reports CNBCTV18.
Source:
Moneycontrol Top Headlines | 10 Jan 2008 | 4:42 pm
Welspun Group and Adani Group are likely to put counter bid for UKbased Burren Energy this week. CNBCTV18s Nimesh Shah said that Adani has valued Burren at close to USD 3.5 billion and that to begin with, Adani will have to buy about 20% stake in it.
Source:
Moneycontrol Top Headlines | 10 Jan 2008 | 4:39 pm
Speaking to CNBCTV18, Rama Sithanen, Deputy PM, Mauritius said that there has been no abuse of Double Taxation Avoidance Treaty with India. We have ensured there\'s no single instance of round tripping of capital under the DTAA, he said.
Source:
Moneycontrol Top Headlines | 10 Jan 2008 | 4:23 pm
Tata has launched its \'people\'s car\' Nano. Most analysts feel it\'s a great car and looks good. They expect 15,00020,000 units by Q4FY09. The Nano will be priced at Rs 1 lakh in Kolkata. The Nano manugfacturing plant in Singur will be operational by yearend, reports CNBCTV18.
Source:
Moneycontrol Top Headlines | 10 Jan 2008 | 3:58 pm
DoT has cleared the route for five new operators to enter the Indian telecom sector. DoT issued LOIs to new applicants including Unitech, Shipping Stop and Datacom for pan India operations, reports CNBCTV18. However, Parsvnath, Indiabulls and Cheetah\'s applications have been rejected by DoT.
Source:
Moneycontrol Top Headlines | 10 Jan 2008 | 3:44 pm
Hero Honda management has said that it is not threatened by Tata\'s Rs 1 lakh car, reports CNBCTV18, quoting Newswire 18. Tata\'s Nano is unlikely to eat into Hero Hondas sales, the management said.
Source:
Moneycontrol Top Headlines | 10 Jan 2008 | 3:34 pm
Sayaji Hotel is likely to set up a 5star hotel in Pune. Sajid R Dhanani, MD of Sayaji Hotel, informed CNBCTV18 that by 2009, they will be investing about Rs 135 crore in the hotels and about Rs 150 crore in the restaurants business.
Source:
Moneycontrol Top Headlines | 10 Jan 2008 | 3:20 pm
Having given shape to his vision - the people's car christened 'Nano' - Tata has already commissioned his team to conjure up a low-cost solution to purify drinking water.
Source:
Daily News & Analysis: Money News | 10 Jan 2008 | 12:02 pm
'Nano', Tata Motors' Rs.100,000 'people's car' unveiled at the Auto Expo 2008 here Thursday will help the common man shift from two-wheelers to four-wheelers, Commerce Minister Kamal Nath said.
Source:
IndiaeNews.com: Business News | 10 Jan 2008 | 12:01 pm
At least a dozen flights' scheduled were disrupted severely and five domestic arrivals were diverted to nearby cities due to poor visibility at the Indira Gandhi International Airport (IGI) here, but Delhi continued to enjoy a spell of warm weather Thursday.
Source:
IndiaeNews.com: Business News | 10 Jan 2008 | 12:00 pm
The small car segment within the fast-growing auto industry in India will hot up further with Japanese major Honda saying Thursday that its 'Jazz' will be launched next year.
Source:
IndiaeNews.com: Business News | 10 Jan 2008 | 12:00 pm
Shares of country's biggest private lender ICICI Bank on Thursday scaled an all-time high on its plans to unlock value in its various subsidiaries.
Source:
Daily News & Analysis: Money News | 10 Jan 2008 | 11:51 am
Gulf-based industrial contracting and oil refining company Nasser S. Al Hazri Corp. is to recruit around 20,000 Indian workers and professionals in the next six months, managing director Ravi Pillai announced here Thursday.
Source:
IndiaeNews.com: Business News | 10 Jan 2008 | 11:33 am
The Indian government will spend Rs.3.13 billion ($80 million) over three years to build capacity of policy and decision makers for the nation's e-governance plan, to be implemented by the department of information technology.
Source:
IndiaeNews.com: Business News | 10 Jan 2008 | 11:32 am
The Cabinet Thursday approved funds for India's participation in the prestigious Expo World Exhibition, a global trade fair to be held in Shanghai in 2010.
Source:
IndiaeNews.com: Business News | 10 Jan 2008 | 11:31 am
When Maruti 800 hit Indian roads over two decades ago, few could have visualised the manner in which it revolutionised the way we travel by car. The question today is: will it now give way to the Tata Nano launched Thursday?
Source:
IndiaeNews.com: Business News | 10 Jan 2008 | 11:01 am
While Tata Motors unveiled its car in a blaze of glory and publicity Thursday, angry residents of Singur village in West Bengal burnt a replica of the Rs.100,000 Nano as a sign of their protest against the company and its plans to displace them.
Source:
IndiaeNews.com: Business News | 10 Jan 2008 | 11:01 am
The government gave in-principle approval for allocation of spectrum to GSM operators who have been waiting for frequency since 2006.
Source:
Daily News & Analysis: Money News | 10 Jan 2008 | 9:11 am
South Korean carmaker Hyundai Motors on Thursday said it will increase the prices of most of its models by January 12.
Source:
Daily News & Analysis: Money News | 10 Jan 2008 | 9:04 am
Larsen & Toubro said it has bagged Rs 2,000 crore order from Australia-based Kingston Properties for construction of offices and residential buildings.
Source:
Daily News & Analysis: Money News | 10 Jan 2008 | 9:01 am
India will continue to witness dynamic growth in 2008, driven by investments, and will be 'largely insulated from weakness in the global economy', a new UN report has said.
Source:
Daily News & Analysis: Money News | 10 Jan 2008 | 8:56 am
Against the backdrop of enhanced two-way investment flows, India and the United States are mulling a 'mutually beneficial' bilateral investment agreement.
Source:
Daily News & Analysis: Money News | 10 Jan 2008 | 8:46 am
"In the marketplace, the best wins. I am quite willing to fight in the market place. I urge all players to fight in the market," Tata said before he launched 'Nano'.
Source:
Daily News & Analysis: Money News | 10 Jan 2008 | 8:10 am
New Delhi, Jan. 9 The Auto Expo, Indian automotive industry’s showcase event, has grown to be an international event of repute. The 9th edition of the expo is bigger and better and will present a new range of vehicles such as electric ...
Source:
Business Line - Home Page | 10 Jan 2008 | 12:00 am
Sharp rise in margins, income
Source:
Business Line - Home Page | 10 Jan 2008 | 12:00 am
Wanting to be part of the market boom
Source:
Business Line - Home Page | 10 Jan 2008 | 12:00 am
Rs 200 per bag; District officials to issue permits
Source:
Business Line - Home Page | 10 Jan 2008 | 12:00 am
Bets on health and wellness; to identify foods product segments
Source:
Business Line - Home Page | 10 Jan 2008 | 12:00 am
New gen Indica due out later this year
Source:
Business Line - Home Page | 10 Jan 2008 | 12:00 am
New Delhi, Jan. 9 The Government is contemplating importing more cement to meet the supply-demand mismatch that has led to rise in cement prices, the Union Minister for Commerce and Industry, Mr Kamal Nath, has said.“We are ...
Source:
Business Line - Home Page | 10 Jan 2008 | 12:00 am
Risk-driven rates to prevail under Basel norms
Source:
Business Line - Home Page | 10 Jan 2008 | 12:00 am
Indian life insurance companies are rapidly catching up with the money power of foreign institutional investors (FIIs). ??
Source:
Business Standard | Front Page Headlines | 9 Jan 2008 | 6:51 pm
Plans electric car launch for Europe with Austrian mobike maker. ??
Source:
Business Standard | Front Page Headlines | 9 Jan 2008 | 6:51 pm
A day before the much-awaited launch of Tata Motors' Rs 1 lakh car Bajaj Auto boss Rajiv Bajaj raised questions about the commercial viability of the project as well as its ability to stick to the Rs
Source:
Business Standard | Front Page Headlines | 9 Jan 2008 | 6:50 pm
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
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
National Institute of Fashion Technology is getting its act together in setting up a Kerala centre. Its latest campus was in Rai barelli. The foundation stone for this centre will be laid by Union minister for textiles Shankar Singh Vaghela on February 7, Kerala industry minister Elamaram Karim has said.
Source:
The Financial Express |
Source:
India Business-Business-The Times of India |
The Sensex, which zoomed to record an intra-day high of 21,206 points, falls back sharply to close at 20,582.08.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
In a breakfast meet with editors before the launch of Rs 1 lakh car, Ratan Tata said the car meets emission norms, and controversies surrounding it are baseless.
Source:
India Business-Business-The Times of India |
At least a dozen flights scheduled were disrupted severely and five domestic arrivals were diverted to nearby cities due to poor visibility at the Indira Gandhi International Airport (IGI) here, but Delhi continued to enjoy a spell of warm weather Thursday.
Source:
webindia123.com |
Indices opened higher amid mixed global cues. Banking shares and automobile shares posted smart gains. Second rung shares also picked up steam.
Source:
India Business-Business-The Times of India |
Source:
India Business-Business-The Times of India |
These are the first shots of the world's cheapest car called Nano. It is non-polluting; it is safe; it has an AC and it looks good.
Source:
India Business-Business-The Times of India |
The Hyundai Motor India is planning to hike the prices of most of its models, including the recently launched i10, a top company official said Thursday.
Source:
webindia123.com |
South Korean carmaker Hyundai Motors on Thursday said it will increase the prices of most of its models by January 12.
Source:
India Business-Business-The Times of India |
The 30-share barometer was quoted at 21,028.62 at 10:30 am, a rise 158.84 points over Thursday's close of 20,869.78.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Equities closed lower on Thursday on account of profit booking across the board.
Source:
India Business-Business-The Times of India |
The Centre has overturned the contention by Delhi International Airport Ltd that setting up a second airport would result in a massive drop in traffic and revenue for the existing Delhi airport. According to government estimates, only 5% of Delhi's Indira Gandhi International Airport passenger traffic in 2011 would be lost to the proposed Taj International Aviation Hub in neighbouring Greater Noida.
Source:
The Financial Express |
ITC Foods is planning to launch new energy bars and breakfast cereals, to extend its presence in the processed foods sector, according to informed sources. With this, the FMCG major muscles in on plans by Hindustan Unilever Ltd, which is also entering new categories in the processed foods sector.
Source:
The Financial Express |
Aditya Birla Nuvo, one of the most diversified companies of the Aditya Birla Group, plans to raise Rs 4,200 crore through a preferential allotment of warrants to promoters/promoters' group.
Source:
The Financial Express |
There's respite in store for consumers facing daily power cuts. Electricity generators and distributors will soon be able to draw power for just a few hours if needed to bridge deficits once the Indian Energy Exchange, the country's first, launches operations by the end of March in New Delhi.
Source:
The Financial Express |
World Bank has pulled up Kerala government for dragging its feet in the $336-million Kerala State Transport Project project. The bank has even threatened to back out of further funding if there is not enough work progress in six months.
Source:
The Financial Express |
Tata Motors Ltd wheeled out the world's cheapest car, priced at 100,000 rupees (2,500 dollars).
Source:
India Business-Business-The Times of India |
Tibets regional administration Thursday said it would begin monitoring vehicle emissions in the capital soon in the wake of the growing number of cars.
Source:
webindia123.com |
Sabyasachi Hajara, the man who heads India's largest shipping company, the Shipping Corporation of India, has big plans on his radar and he is looking
Source:
NDTV News |
The Cabinet Thursday approved funds for Indias participation in the prestigious Expo World Exhibition, a global trade fair to be held in Shanghai in 2010.
Source:
webindia123.com |
In a development that could bring peace to the turbulent telecom sector, the government on Thursday decided to allocate spectrum to existing GSM playe
Source:
NDTV News |
Dubbed the 'People's Car', it will determine Tata's place in the global automotive arena, where the battle is increasingly being fought in emerging economies such as India, China and Russia.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Saddened by a spate of "unfortunate controversies" that his dream economy car evoked right from the conception stage, Tata group chief Ratan
Source:
NDTV News |
French President Nicolas Sarkozy is seeking an answer to the eternal question - so that happiness can be included in measurements of French economic growth. Read more...
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
While Tata Motors unveiled its car in a blaze of glory and publicity on Thursday, angry residents of Singur village in West Bengal burnt a replica of
Source:
NDTV News |
The National Bank for Agriculture and Rural Development has cleared Rs 23.68 crore from its Rural Infrastructure Development Fund XIII to the Kerala government for 91 projects. Bulk of this is for irrigation.
Source:
The Financial Express |
After opening with a positive gap of 60 points at 20,930, the Sensex hit a new high of 21,207 in morning deals on buying in ICICI Bank.
Source:
rediff Business |
There's respite in store for consumers facing daily power cuts. Electricity generators and distributors will soon be able to draw power for just a few hours if needed to bridge deficits once the Indian Energy Exchange, the country's first, launches operations by the end of March in New Delhi.
Source:
The Financial Express |
RComm will get GSM spectrum along with other players like Vodafone, Airtel and Idea. This move will bring RComm actively in the GSM field.
Source:
rediff Business |
ITC Foods is planning to launch new energy bars and breakfast cereals, to extend its presence in the processed foods sector, according to informed sources. With this, the FMCG major muscles in on plans by Hindustan Unilever Ltd, which is also entering new categories in the processed foods sector.
Source:
The Financial Express |
Cautious investors should consider a number of strategies that are formulated to enter and exit the market in a predetermined manner.
Source:
rediff Business |
The National Bank for Agriculture and Rural Development has cleared Rs 23.68 crore from its Rural Infrastructure Development Fund XIII to the Kerala government for 91 projects. Bulk of this is for irrigation.
Source:
The Financial Express |
Mark Hutchinson explains ways of dealing with the nose-diving dollar and making profitable investments.
Source:
rediff Business |
The Centre has overturned the contention by Delhi International Airport Ltd that setting up a second airport would result in a massive drop in traffic and revenue for the existing Delhi airport. According to government estimates, only 5% of Delhi's Indira Gandhi International Airport passenger traffic in 2011 would be lost to the proposed Taj International Aviation Hub in neighbouring Greater Noida.
Source:
The Financial Express |
Tony Blair will be US investment bank JPMorgan's part time political advisor.
Source:
rediff Business |
Nano, Tata Motors Rs.100,000 peoples car unveiled at the Auto Expo 2008 here Thursday will help the common man shift from two-wheelers to four-wheelers, Commerce Minister Kamal Nath said.
Source:
webindia123.com |
Indian Energy Exchange will start training in operations and online trading for its members soon.
Source:
rediff Business |
The small car segment within the fast-growing auto industry in India will hot up further with Japanese major Honda saying Thursday that its Jazz will be launched next year.
Source:
webindia123.com |
Jagdish Khattar, former chairman and managing director of Maruti Udyog has complimented Ratan Tata for keeping his promise of gifting India with the world's cheapest car.
Source:
rediff Business |
China will launch its first national census of pollution sources next month, mainly focussing on industries.
Source:
webindia123.com |
World Bank has predicted a downward trend for India's GDP in 2008. China to follow too.
Source:
rediff Business |
The Indian government will spend Rs.3.13 billion ($80 million) over three years to build capacity of policy and decision makers for the nations e-governance plan, to be implemented by the department of information technology.
Source:
webindia123.com |
New Delhi, Jan 10 (PTI) In a development that could bring peace to the
turbulent telecom sector, the government today decided to allocate spectrum to
existing GSM players such as Idea Cellular...
Source: PTI News : Business |
Tata Group chairman Ratan Tata says that the car is called 'Nano' because it uses high technology and has small size.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
New Delhi, Jan 10 (PTI) NRI industrialist Swraj Paul-led Caparo India today
said it plans to invest Rs 1,000 crore in the Indian market over the next three
years to become the largest automotive...
Source: PTI News : Business |
Tata said it was "not because of fear or anxiety" for his brainchild that he could not get his regular quota of sleep but for the dry run for the D-day.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Rakesh Pathak
New Delhi, Jan 10 (PTI) Saddened by a spate of "unfortunate controversies"
that his dream economy car evoked right from the conception stage, Tata group
chief Ratan Tata today...
Source: PTI News : Business |
Jagdish Khattar, a former head of Maruti 800 manufacturer Maruti Udyog Ltd, says it's too early to say whether the Nano will overtake the original.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
New Delhi, Jan 10 (PTI) Car maker Honda Siel today said it will enter into
small-car segment with the launch of 'Jazz' in 2009.
"The company plans to launch Jazz by the end of next year," Honda...
Source: PTI News : Business |
Following are comments on the car from industry executives and people at the Auto Expo, where it was unveiled.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
New Delhi, Jan 10 (PTI) Bus maker Volvo Bus Corporation will invest Rs 80 crore
to set up a bus body manufacturing plant at Hosakote, Bangalore.
The company has tied up with India's Jaico...
Source: PTI News : Business |
World Bank has pulled up Kerala government for dragging its feet in the $336-million Kerala State Transport Project project. The bank has even threatened to back out of further funding if there is not enough work progress in six months.
Source:
The Financial Express |
Shekhar Agrawal, director, Enterprise & Verticals - South Asia, Alcatel-Lucent, has 20 years of sales and marketing experience in IT and telecom industry in India and Asia Pacific. Prior to Alcatel, he led Cisco's business solutions and convergence/IP telephony business for Asia Pacific.
Source:
The Financial Express |
National Institute of Fashion Technology is getting its act together in setting up a Kerala centre. Its latest campus was in Rai barelli. The foundation stone for this centre will be laid by Union minister for textiles Shankar Singh Vaghela on February 7, Kerala industry minister Elamaram Karim has said.
Source:
The Financial Express |
Markets closed weak on Thursday with the benchmark index at 20,582 levels, making a loss of 1.38 per cent or 287 points. In the broader markets, Nifty
Source:
NDTV News |
Aditya Birla Nuvo, one of the most diversified companies of the Aditya Birla Group, plans to raise Rs 4,200 crore through a preferential allotment of warrants to promoters/promoters' group.
Source:
The Financial Express |
The rupee hovered around its last losing levels currency and was quoted slightly changed in late morning deals amid firm trend in local equity market.
Source:
NDTV News |
Shekhar Agrawal, director, Enterprise & Verticals - South Asia, Alcatel-Lucent, has 20 years of sales and marketing experience in IT and telecom industry in India and Asia Pacific. Prior to Alcatel, he led Cisco's business solutions and convergence/IP telephony business for Asia Pacific.
Source:
The Financial Express |
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