Hindujas line up big investment plans

Hinduja Group in association with state-owned ONGC will invest $20 billion for oil exploration in Iran, set up a 15 million tonne refinery in Kakinada.
Source: Daily News & Analysis: Money News | 13 Jan 2008 | 12:29 pm

Mumbai least preferred by IT companies

Mumbai is least preferred among the top seven Indian cities by the IT industry for setting up shops, according to a report prepared by ICICI Property Services.
Source: Daily News & Analysis: Money News | 13 Jan 2008 | 12:18 pm

ICICI Prudential to launch structured products soon

ICICI Prudential Asset Management Company will launch structured products shortly, a top company official said here.
Source: Daily News & Analysis: Money News | 13 Jan 2008 | 12:16 pm

ADAG to invest Rs 150k cr on infra projects: Anil Ambani

Favouring India-focused growth for its infrastructure business ADA Group will invest an estimated Rs 1,50,000 crore in power, roads, metro rail and coal sectors.
Source: Daily News & Analysis: Money News | 13 Jan 2008 | 12:08 pm

Lohr Industrie to set up manufactory in Pune

French automaker Lohr Industrie will manufacture car carriers - a truck that carries passenger cars - at Pune in Maharashtra.
Source: IndiaeNews.com: Business News | 13 Jan 2008 | 11:31 am

TNPL gets new deputy managing director

Twelve years after joining the Rs.8.54-billion ($217 million) turnover Tamil Nadu Newsprint and Papers Ltd (TNPL) as director of finance, A. Velliangiri has been elevated as the company's deputy managing director.
Source: IndiaeNews.com: Business News | 13 Jan 2008 | 11:30 am

Chinese kites becoming popular in Jaipur

With Makar Sankranti falling on Monday, Jaipur seems to be ready to welcome the festival with special varieties of kites. Huge Chinese kites in the shape of birds and dragons are the major attraction of this year's festival.
Source: IndiaeNews.com: Business News | 13 Jan 2008 | 11:30 am

Aroma wonder! 10-foot-long incense sticks

Now light an incense stick and enjoy its fragrance for over 30 hours. A factory here has started producing incense sticks that are 10 feet long and cost a stiff Rs.3,000 a piece.
Source: IndiaeNews.com: Business News | 13 Jan 2008 | 11:00 am

Hike in petrol, diesel and possibly on LPG looks imminent

A hike in petrol and diesel prices and possibly also on LPG looks certain, with the Left leaders agreeing for a marginal increase in prices.
Source: Daily News & Analysis: Money News | 13 Jan 2008 | 10:39 am

Mahindra eager to settle scores with Churchill

Mahindra United will be eager to defy odds and settle scores with Churchill Brothers in their crucial 11th round encounter in the I-League football tournament.
Source: Daily News & Analysis: Money News | 13 Jan 2008 | 10:34 am

Small Tata Nano attracts really big numbers

With a snub nose, a sloping roof and just about room for five to squeeze in, the world's cheapest car at the Tata Motors Pavilion at Pragati Maidan here has got everything which people could possibly ask for in a car at the price of just Rs.100,000 ($2,500).
Source: IndiaeNews.com: Business News | 13 Jan 2008 | 10:32 am

Federer's ill health a false hope for opponents: Courier

Former world No 1 feels that Roger Federer's illness has given his opponents false hope and is tipping the defending champion to win a third consecutive Australian Open.
Source: Daily News & Analysis: Money News | 13 Jan 2008 | 10:32 am

M&M ready to compete with Land Rover

Auto giant Mahindra and Mahindra is all set to compete with Land Rover and has wished luck to Tatas for the final lap of acquiring the British marquee.
Source: Daily News & Analysis: Money News | 13 Jan 2008 | 10:31 am

Finnair keen to expand India operations to tap growing traffic

Finnish carrier Finnair is stepping up its frequency to Mumbai and has asked its government to request additional destinations and slots in India to tap the growing international air traffic from the country.
Source: IndiaeNews.com: Business News | 13 Jan 2008 | 6:02 am

India of immense importance for economic engagement: Bilimoria

India, with its undisputed success story, has emerged as one of the most important countries for economic engagement, says Karan Bilimoria, member of Britain's House of Lords and co-chairperson of Indo-British Partnership (IBP).
Source: IndiaeNews.com: Business News | 13 Jan 2008 | 6:01 am

Bangladesh lifts ban on export of hilsa fish to India

In news that will gladden the hearts of many fish gourmands in India, Bangladesh has lifted the ban on the export of the prized hilsa, six months after Dhaka clamped it to meet domestic demand, officials said here Sunday.
Source: IndiaeNews.com: Business News | 13 Jan 2008 | 6:01 am

Airlines busy drawing new links to Hyderabad, Bangalore

New airports slated to start operations in the next two months
Source: Business Line - Home Page | 13 Jan 2008 | 12:00 am

Jet waits for clearance from China

Mumbai-Shanghai-San Francisco link
Source: Business Line - Home Page | 13 Jan 2008 | 12:00 am

Rights issue mop-up hits new high at Rs 14,000 cr in 2007

Four-fold rise but number of companies lower compared to 2006
Source: Business Line - Home Page | 13 Jan 2008 | 12:00 am

Geojit’s net rises 4-fold as client base widens

Mumbai, Jan 12 The net profit of Kochi-based Geojit Financial Services Ltd increased more than four times for the third quarter, with profits jumping from Rs 4.6 crore to Rs 18.9 crore. Higher revenue from increased client base and the ...
Source: Business Line - Home Page | 13 Jan 2008 | 12:00 am

Other income boosts Indian Bank Q3 net 61%

Chennai, Jan 12 Indian Bank has reported a net profit of Rs 307.5 crore in the October-December quarter which is 61 per cent higher than the Rs 190.5 crore recorded in the comparable quarter of last year.A significant contribution came ...
Source: Business Line - Home Page | 13 Jan 2008 | 12:00 am

Brokers go all-out to woo IPO investors

Stock brokers are providing incentives to the retail investors to subscribe to Reliance Power's (RPL) initial public offer (IPO) on their behalf. For every application where shares are allotted,
Source: Business Standard | Front Page Headlines | 12 Jan 2008 | 6:36 pm

Sugar barons ramping up shareholding

Top firms issue warrants to promoters??
Source: Business Standard | Front Page Headlines | 12 Jan 2008 | 6:36 pm

ONGC to offer BG, Noble stakes in India blocks

The country's largest exploration and production company, Oil and Natural Gas Corporation (ONGC), is looking at enlarging its list of foreign partners with strong technology, to help it explore and
Source: Business Standard | Front Page Headlines | 12 Jan 2008 | 6:35 pm

RBI shelves Temasek, GIC proposal

Temasek Holdings and the Government of Singapore Investment Corporation (GIC) have requested the government to consider them as separate entities for all future investments in Indian entities.??
Source: Business Standard | Front Page Headlines | 12 Jan 2008 | 6:35 pm

Irda plans credit rating for insurance firms

The Insurance Regulatory Authority of India (Irda) is planning credit rating for insurance companies.??
Source: Business Standard | Front Page Headlines | 12 Jan 2008 | 6:35 pm

More GSM spectrum for Bharti Airtel, Vodafone, Idea

In the telecom space, Bharti Airtel and Vodafone have got additional GSM spectrum in 2 circles, reports CNBCTV18. Vodafone Essar has also got startup spectrum in 7 circles. Idea too gets startup spectrum in 2 circles.
Source: Moneycontrol Top Headlines | 12 Jan 2008 | 12:00 pm

India may pull out of ODIs if Bhajji seen guilty: BCCI

The controversy over India’s tour to Australia is just not dying down. BCCI President Sharad Pawar today indicated that India could still pull out of the oneday series if the verdict on Harbhajan goes against him.
Source: Moneycontrol Top Headlines | 12 Jan 2008 | 11:59 am

Tata\'s Nano making waves beyond Indian shores

Tata\'s Nano is making waves beyond Indian shores. It\'s quite a rage in London, hogging the headlines in the British media, which has called it no less than a miracle reports Sanjay Suri.
Source: Moneycontrol Top Headlines | 12 Jan 2008 | 11:56 am

Sant Singh Chatwal betting on South India

High profile NRI and hotelier Sant Singh Chatwal has mega plans for hotels in India and he\'s betting on the upcoming south.
Source: Moneycontrol Top Headlines | 12 Jan 2008 | 11:49 am

Orient Express mum on Tata\'s demand for official apology

It’s been precisely 23 days since the Tata Group wrote a strong letter to the Orient Express asking it for an official apology after indicating that the Taj chain was not worthy of alliance. But Orient has neither said sorry nor offered any explanation for not saying so, reports CNBCTV18’s Sujata Goel.
Source: Moneycontrol Top Headlines | 12 Jan 2008 | 11:10 am

Protests at Singur could hamper Nano launch

All\'s not well at the Singur plant from where the Rs 1 lakh car is to roll out. CNBCTV18’s Sougata Mukhopadhyay visited the disputed site and found that work has slowed down considerably since Thursday due to protest by a section of security guards owing allegiance to the CPM who are resisting the company\'s decision to downsize workforce.
Source: Moneycontrol Top Headlines | 12 Jan 2008 | 10:52 am

RCom to bring in cheaper mobile tariffs

Reliance Communications on Friday said that its proposed GSM services will be based on quality and affordability platforms, reports Business Line. The company confirmed that it has received spectrum from the Government to offer GSM mobile services in 14 new circles. This takes its total number of GSM circles to 22 including the 8 operational ones.
Source: Moneycontrol Top Headlines | 12 Jan 2008 | 8:53 am

Bosch to supply key components for Nano

The Germanbased Bosch, which supplied gasoline fuel injectors for the Tata’s small car, Nano, will also supply other key components like starters, alternators and electronic parts for building the car, reports Business Line.
Source: Moneycontrol Top Headlines | 12 Jan 2008 | 8:51 am

SC gives Reliance Power IPO green signal

The Supreme Court passed a blanket order declaring that the Reliance Power Initial Public Offering (IPO) would go ahead despite any interim order passed by any court in the country. ??
Source: Business Standard | Front Page Headlines | 11 Jan 2008 | 6:39 pm

Tata`s Rs 1 lakh Nano is the sum of its parts

Some 100 component makers worked with Tata Motors for over 3 years. ??
Source: Business Standard | Front Page Headlines | 11 Jan 2008 | 6:37 pm

Govt may offer amnesty scheme for defaulters

The finance ministry is considering a one-year ?mini-amnesty? scheme for income and corporation tax defaulters. ??
Source: Business Standard | Front Page Headlines | 11 Jan 2008 | 12:10 am

Genpact to employ 7,000 in Kolkata

Genpact opens offices in Kolkata on 700,000 sq.ft of land and plans to employ 7000 people.
Source: rediff Business |

Domestic institutions may put in more money than FIIs in 2008

New Delhi, Jan 13 (PTI) After being in the driver's seat of Indian bourses for the past 4-5 years, the foreign institutional investors may lose their dominance to the domestic counterparts this...
Source: PTI News : Business |

Hyundai to make 'i20' in Chennai

Country's second largest carmaker Hyundai Motors India Ltd said it is planning to manufacture premium hatchback 'i20' in India by the end of this year for sales in overseas market.
Source: India Business-Business-The Times of India |

Learn from China, PM tells Indian industry

Prime Minister Manmohan Singh on Sunday asked the domestic industry to engage China and to learn to both "compete and cooperate" even as Ind
Source: NDTV News |

SUVs galore: Bigger is better

The people's car, Nano might have hogged all the limelight but if you like your car big, the focus of the Auto Expo was five new SUV's or sports utili
Source: NDTV News |

Market may rally on strong corporate results this week:Analysts

Mumbai, Jan 13 (PTI) Investors on Dalal street may see a positive rally this week and the stock market can scale new heights on robust third quarter results, analysts said. Market analysts...
Source: PTI News : Business |

Weekly Review: Market undergoes intra-trade correction

Key indices the benchmark Sensex and the Nifty underwent healthy correction amid high volatility during the week.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Market may rally on strong corporate results this week: Analysts

Investors on Dalal street may see a positive rally this week and the stock market can scale new heights on robust third quarter results, analysts said.
Source: India Business-Business-The Times of India |

Small Nano attracts really big numbers

Hall No11 at the Auto Expo 2008 is the first halt to see the little wonder which has raised aspirations of millions.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

ICICI Bank may cut home loan rates in FY '09

Home loan consumers in India may get some good news in the months to come with ICICI Bank saying it could cut interest rates in the first quarter of next fiscal.
Source: India Business-Business-The Times of India |

Tata's Nano pulls many visitors to Auto Expo

For the 200,000 visitors at the Auto Expo 2008 here on Sunday, Hall Number 11 is invariably the first halt, to see the little Tata Nano that has raise
Source: NDTV News |

Indian Bank registers high profit

Indian Bank on Saturday reported 61.45% rise in net profit for the third quarter ended December 31, 2007 at Rs 307.50 crore compared to Rs 190.50 crore in Dec '06.
Source: India Business-Business-The Times of India |

Hike in petrol, diesel and LPG likely

The toss is between a Rs 4 a litre hike in petrol and Rs 2 per litre increase in diesel prices, and Rs 2 a litre rise in petrol and Re 1 per litre hike in diesel prices.
Source: India Business-Business-The Times of India |

Government may recast rural self-employment scheme

The government is considering a recast of the Swarna Jayanti Gram Swarozgar Yojana (SGSY), which provides self-employment opportunities to the rural poor, for the 11th five year plan (2007-12).
Source: webindia123.com |

Decision on free-market determined petrol price by this month

Bangalore, Jan 13 (PTI) Government is expected to take a decision on the issue of a free-market determined price system for petrol, diesel, kerosene and domestic LPG by the end of this month,...
Source: PTI News : Business |

Chennai to host SIETAR India Annual Conference 2008

Chennai, Jan 12 (ANI/Business Wire India): SIETAR India, (Society for Intercultural Education Training and Research) will host its two-day Second Annual Conference here on January 19.
Source: webindia123.com |

Imports from China rising fast: FICCI

New Delhi, Jan 13 (PTI) Imports from China have increased at a much faster pace than those from India's other trading partners, even as the two countries are seriously considering a...
Source: PTI News : Business |

The Graduate comes home on its 40th birthday

The attraction between a young man, an older woman and her daughter was immortalised by Dustin Hoffman, Anne Bancroft and Catherine Ross in the iconic 1967 movie The Graduate. Now it has come to India as a home video on its 40th birthday.
Source: webindia123.com |

Partial implementation may affect fiscal health: Assocham

New Delhi, Jan 13 (PTI) The 6th Pay Commission may recommend a hike in the salaries of government employees and a restructuring of departments, but if the Centre chooses to raise the wages,...
Source: PTI News : Business |

Cash crunch forces Citigroup to court foreign investors: NYT

Moving quickly to shore up Citigroup with bold initiatives, new chief executive Vikram Pandit has been busy trying to bring cash-rich foreign investors on board.
Source: webindia123.com |

Fiat to hike component sourcing from India

Fiat, which plans to bring in a slew of products such as the Ferrari, Alfa Romeo and Maserati to India, is increasing component sourcing from the country.
Source: India Business-Business-The Times of India |

PSU stocks lose over $6 bn in market value

The country's government-run firms seem to have started the new year on an inauspicious note with a loss of close to Rs 25,000 crore in just two weeks.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Bajaj brothers to resume battle at CLB

Bajaj scions Rahul and Shishir, who are battling for division of the empire, are expected to inform the Company Law Board about the outcome of their peace talks on Sunday.
Source: India Business-Business-The Times of India |

Fiat to hike component sourcing from India

Italian auto major Fiat is increasing component sourcing from the country expects to touch €150 million this year.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Ramesh favours allowing FDI from Pak

Ramesh has said that FDI from Pakistan could be subject to FIPB approval on a case to case basis, which would take care of the security concerns.
Source: India Business-Business-The Times of India |

German firm seeks tyre unit in India

Continental, Germany's top automotive components group, is seeking to take over an Indian tyres company to fill a blank in its worldwide coverage, its
Source: NDTV News |

EU advises China on welfare, labour laws

British experts are advising Chinese officials on how to minimise the social impact of closing down unproductive mines. When it comes to employment an
Source: NDTV News |

Venezuelan oil reserves will be worlds largest by 2009

Venezuelan President Hugo Chavez has said that by the end of 2009, the country will have 313 billion barrels of certified oil reserves, the largest in the world, Spanish news agency EFE reported Saturday.
Source: webindia123.com |

Learn from China, PM tells Indian industry

"Indian business is ready to face the brave new world of globalisation. China is an important part of that brave new world. We must engage China and learn to both compete and cooperate," Singh, who began a three-day maiden visit here, said at a brainstorming session with the business delegation accompanying him, ahead of the Sino-Indian business summit on Monday.
Source: rediff Business |

Nano creates big stir in car country

Widely reporting the unveiling Thursday of the Nano in India, the US media has generally admired the Tatas technical feat in producing the worlds cheapest car and speculated on its impact on the auto world while raising concerns over the environmental effect of the inexpensive cars crowding Indian roads.
Source: webindia123.com |

TVS to revive sales with new products

TVS announced its plans of introducing new products this year. It is hoping to revive its nose-diving motocycle sales with these products in the coming fiscal.
Source: rediff Business |

Designer cars are a rage at Auto Expo 2008

The countrys most famous car designer Dilip Chhabria, popularly known as DC, has rocked the Auto Expo 2008 with his two unique creations: Ambierod and Supercar.
Source: webindia123.com |

Can Chennai overcome urbanisation woes?

Will the second master plan and MAP Chennai Region help the city overcome the problems of rapid urbanisation?
Source: rediff Business |

Small car, big trouble and even bigger ambition

When Ratan Tata added a touch of sarcasm while unveiling Nano Thursday saying it could have been named Buddha after West Bengal Chief Minister Buddhadeb Bhattacharya or Despite Mamta after Trinamul Congress chief Mamata Banerjee, he may have missed out a point unwittingly.
Source: webindia123.com |

Ajay Bijli: The big picture man

With Taare Zameen Par hitting pay dirt and repeating the success of brand PVR, Ajay Bijli seems to be on a roll.
Source: rediff Business |

Gulf Air places $ four bn order with Boeing

The Bahrain-based airline Gulf Air has ordered 16 Boeing 787 Dream liners valued at around $ four billion and taken options for eight more, an airline official has told AFP.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Of Bangalore's roads and the Tata Nano

The Nano might have put a smile on millions of faces across the nation, but the traffic police in Bangalore is definitely not amused.
Source: rediff Business |

Move over Orkut, here comes BigAdda

Check the scribbles in your phone scrapbook, send friend requests on the wireless, have discussions in as many as eight different languages...all on the latest social networking site.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Is your fund house opportunistic?

Speaking of fund houses, it is quite disappointing to note that not all fund houses have taken the 'no load on direct investments' regulation in the right spirit.
Source: rediff Business |

Punjab receives two SEZ proposals worth Rs 2,376 cr

The two proposals are from real estate developers Ansal Properties & Infrastructure (API), and Ishan Developers & Infrastructure (IDI).
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

GoAir records 73% growth

GoAir has recorded 73% growth in its passenger traffic so far this fiscal.
Source: rediff Business |

Hike in petrol, diesel and possibly on LPG looks imminent

A hike in petrol and diesel prices and possibly also on LPG looks certain, with the Left leaders agreeing for a marginal increase in prices along with duty cuts to rein in 100 dollars a barrel crude oil price.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Finnair keen to expand India operations to tap growing traffic

Finnish carrier Finnair is stepping up its frequency to Mumbai and has asked its government to request additional destinations and slots in India to t
Source: NDTV News |
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/200801/20080113_india_bussiness.php on line 13

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/200801/20080113_india_bussiness.php on line 13

Warning: include(/var/chroot/home/content/r/a/m/ramnem/htmlgoogle_vadd.txt) [function.include]: failed to open stream: No such file or directory in /home/content/r/a/m/ramnem/html/archives/200801/20080113_india_bussiness.php on line 13

Warning: include() [function.include]: Failed opening '/var/chroot/home/content/r/a/m/ramnem/htmlgoogle_vadd.txt' for inclusion (include_path='.') in /home/content/r/a/m/ramnem/html/archives/200801/20080113_india_bussiness.php on line 13

Warning: include(/var/chroot/home/content/r/a/m/ramnem/htmlgoogle_vadd.txt) [function.include]: failed to open stream: No such file or directory in /home/content/r/a/m/ramnem/html/archives/200801/20080113_india_bussiness.php on line 13

Warning: include() [function.include]: Failed opening '/var/chroot/home/content/r/a/m/ramnem/htmlgoogle_vadd.txt' for inclusion (include_path='.') in /home/content/r/a/m/ramnem/html/archives/200801/20080113_india_bussiness.php on line 13