Small is definitely big this year. In less than a week after Tata Motors launched its Rs.100,000 ($2,500) car, Nano, another Indian firm, HCL Infosystems, Tuesday launched a laptop for the masses for Rs.14,000 (about $350).
Source:
IndiaeNews.com: Business News | 15 Jan 2008 | 11:32 am
In what is billed as a world record, Anil Ambani-promoted Reliance Power's initial public offering (IPO) was subscribed twice over within 50 seconds of opening Tuesday. The IPO has managed to garner over Rs.1.33 trillion ($33 billion) on the first day.
Source:
IndiaeNews.com: Business News | 15 Jan 2008 | 11:32 am
Harshvardhan Bassi, MD of Pioneer Embroideries said the business will invest Rs 50 crore in retail. They expect to set up around 200 retail stores in FY09, reports CNBCTV18.
Source:
Moneycontrol Top Headlines | 15 Jan 2008 | 11:31 am
India's leading private equity fund ICICI Ventures has floated a special company to invest $250 million in healthcare in the next three years, said a top company official.
Source:
IndiaeNews.com: Business News | 15 Jan 2008 | 11:30 am
India Tuesday confirmed an outbreak of the deadly H5N1 virus of bird flu in two districts of West Bengal as the state government said culling of the poultry birds in the area will begin Wednesday.
Source:
IndiaeNews.com: Business News | 15 Jan 2008 | 11:30 am
RBI is likely to keep interest rates stable in the near term and may ease its monetary policy stance later in the year, a unit of rating agency Moody's has said.
Source:
Daily News & Analysis: Money News | 15 Jan 2008 | 11:05 am
Tata Motors said its new Indica, due for a launch in the second quarter of next fiscal, will sport four engine options, two of which will be sourced from partner Fiat.
Source:
Daily News & Analysis: Money News | 15 Jan 2008 | 10:42 am
Sky is the limit for Chinese exports into India as colourful Chinese kites have invaded Hyderabad skies much to the delight of kite flying enthusiasts but dealing a blow to the kite makers here.
Source:
IndiaeNews.com: Business News | 15 Jan 2008 | 10:31 am
'Dragonlance', a movie made by Toonz Animation that is headquartered at the Technopark here, was released in the US Tuesday.
Source:
IndiaeNews.com: Business News | 15 Jan 2008 | 10:30 am
State-owned gas marketer GAIL India Ltd will build a 730-km gas pipeline from Dabhol in Maharashtra to Bangalore in Karnataka at an investment of Rs.25 billion ($636 million), the company said Tuesday.
Source:
IndiaeNews.com: Business News | 15 Jan 2008 | 10:30 am
Two innovative projects at the Technopark here under its Technology Business Incubator (TBI) initiative have been chosen by Department of Scientific and Industrial Research (DSIR) for funding under its Technopreneurship Promotion Programme (TePP).
Source:
IndiaeNews.com: Business News | 15 Jan 2008 | 10:30 am
Ven Medicare, the special vehicle for investments of ICICI Venture, would invest Rs 65 crore in Medicare Synergie Pvt Ltd, a healthcare chain based in the eastern region.
Source:
Daily News & Analysis: Money News | 15 Jan 2008 | 10:05 am
Anil Ambani group's Reliance Power seems to reflect the confidence of global investors' in the future of Indian economy, Finance Minister P Chidambaram said on Tuesday.
Source:
Daily News & Analysis: Money News | 15 Jan 2008 | 9:24 am
Faced with attrition by the erstwhile IDBI Bank employees, IDBI management is keen to issue stock options to its employees and is approaching the government with a plan. Krupali Pandit Yadav reports that IDBI may well be the trend setter in the PSU space.
Source:
Moneycontrol Top Headlines | 15 Jan 2008 | 8:49 am
Vijaya Bank will wait for the quarterly monetary policy review of the Reserve Bank of India (RBI), which is scheduled for the monthend, before taking a decision on the revision of interest rates, reports Business Line.
Source:
Moneycontrol Top Headlines | 15 Jan 2008 | 8:42 am
In a blow to GSM operators the Delhi High Court on Monday declined to stay the Governments decision to allocate GSM spectrum to Reliance Communications.
Source:
Moneycontrol Top Headlines | 15 Jan 2008 | 8:39 am
The banking system is being asked by the regulator, RBI, to become more customerfriendly, reports Business Line. The banks have been asked to consider a fourtier institutional machinery, covering all levels from the branch to the board, to improve standards of customer service.
Source:
Moneycontrol Top Headlines | 15 Jan 2008 | 8:33 am
Wipro Technologies, the global IT services division of Wipro Limited, announced the launch of a retail automation platform 'TINA'.
Source:
Daily News & Analysis: Money News | 15 Jan 2008 | 8:24 am
HCL Infosystems unveiled a range of laptops 'MiLeap' starting at a price of Rs 13,990 onwards in order to capture the country's low-cost market.
Source:
Daily News & Analysis: Money News | 15 Jan 2008 | 8:09 am
The stock market surrendered its initial dominance and the benchmark Sensex was down by another 69 points due to weak Asian cues.
Source:
Daily News & Analysis: Money News | 15 Jan 2008 | 6:07 am
Anil Ambani group's Reliance Power IPO got fully subscribed within minutes of its book building process, which started this morning, investment banking source said.
Source:
Daily News & Analysis: Money News | 15 Jan 2008 | 5:21 am
New regulator, import parity prices proposed
Source:
Business Line - Home Page | 15 Jan 2008 | 12:00 am
The Department of Fertilisers (DoF) has sought Rs 50,000 crore from the Finance Ministry when it finalises the Budget Estimates for the 2008-09 fiscal for paying out the fertiliser subsidies.Sources told Business Line ...
Source:
Business Line - Home Page | 15 Jan 2008 | 12:00 am
Source:
Business Line - Home Page | 15 Jan 2008 | 12:00 am
‘Shared vision’ document signed
Source:
Business Line - Home Page | 15 Jan 2008 | 12:00 am
Mumbai, Jan. 14 ICICI Prudential AMC on Monday announced the launch of two of their new funds, ICICI Prudential Fixed Maturity Plan Series 33- Plan A and ICICI Prudential Fusion Fund Series-III. The ICICI Prudential Fixed Maturity Plan is the ...
Source:
Business Line - Home Page | 15 Jan 2008 | 12:00 am
Mumbai, Jan. 14 Gold prices for 2008 were projected at $900 an ounce at the November 2007 conference of the London Bullion Market Association in Mumbai; but little did one expect that this price mark would be reached so soon.The yellow ...
Source:
Business Line - Home Page | 15 Jan 2008 | 12:00 am
10% dilution planned; employees threaten strike
Source:
Business Line - Home Page | 15 Jan 2008 | 12:00 am
Considerable scope for improvement, says Leeladhar
Source:
Business Line - Home Page | 15 Jan 2008 | 12:00 am
ESOPs are taxable, there was never any confusion about that, but what about employer granted stock appreciation rights? The Income Tax Appellate Tribunal, or ITAT, has delivered a tax blow to thousands of employees.
Source:
Moneycontrol Top Headlines | 14 Jan 2008 | 9:00 pm
The battle for spectrum continues at the courts. The Delhi HC heard today the GSM operators plea, challenging the crossover allotment of spectrum to Reliance Communications.
Source:
Moneycontrol Top Headlines | 14 Jan 2008 | 8:51 pm
Will he or won\'t he? That is what everyone in the market is asking about a possible extension for Sebi Chairman M Damodaran whose term ends in midFebruary. It is not just the top job but two other top positions at Sebi that might be vacant soon.
Source:
Moneycontrol Top Headlines | 14 Jan 2008 | 8:39 pm
Noted economist Shubhashis Gangopadhyay, currently the Director of the India Development Foundation, a privately funded, non-profit research foundation, is joining the finance ministry. ??
Source:
Business Standard | Front Page Headlines | 14 Jan 2008 | 6:31 pm
The board of State Bank of India (SBI), the country's largest bank, today approved a 1:5 rights issue at a 35.42 per cent discount to its closing price on the Bombay Stock Exchange (BSE) today. ??
Source:
Business Standard | Front Page Headlines | 14 Jan 2008 | 6:30 pm
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
Top firms issue warrants to promoters??
Source:
Business Standard | Front Page Headlines | 12 Jan 2008 | 6:36 pm
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
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
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
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
Maruti Wagon R has scored the highest in the small car segment followed closely by Maruti Swift, according to the CNBC Awaaz Auto Satisfaction Index. Maruti Alto and Maruti 800 emerge as joint third.
Source:
The Financial Express |
Mukesh Ambani-controlled Reliance Industries Ltd has come across gas in an exploration acreage off the Andhra coast.
Source:
India Business-Business-The Times of India |
The Sensex drops to 20,311.66 in pre-close trading as mkt players and investors encash their holdings to invest in Reliance Power's IPO.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
The reason for the low discount on the rights share of SBI is that the bank wants more to raise funds than reward existing shareholders.
Source:
India Business-Business-The Times of India |
Las Vegas, Jan 15 (ANI/Business Wire India): Recharger Magazine has launched free pre-registration for ReIndia Expo attendees at www.RechargerMag.com.
Source:
webindia123.com |
State-owned power equipment manufacturer Bhel is poised to meet accelerating demand from new power projects.
Source:
India Business-Business-The Times of India |
Sports-utility vehicles, once confined to the off-roaders club, are gradually making in-roads into the Indian pysche and look set to bulldoze, quite literally, a new path for themselves.
Source:
India Business-Business-The Times of India |
Nineteen percent of Delhi's total urban area has been earmarked for greens and recreational purposes, of which DDA has the largest role to play with over 4,587 hectare.
Source:
India Business-Business-The Times of India |
Rolls-Royce, the British aerospace company, plans to create a leaner and more agile support structure by cutting 2,300 management and clerical jobs.
Source:
webindia123.com |
The initial public offering of Reliance Power has been subscribed 7.7 times at the higher price band of Rs 450. The issue opened on Tuesday and will close January 18.
Source:
India Business-Business-The Times of India |
"It is a reflection of world community in the future of India... Investors seem to be confident in the future of Indian economy," Chidambaram said.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
At 1:30 pm, the Sensex was down 202 points or 0.98 per cent at 20,525.88, making a high of 20,872.93 and low of 20,398.74 in trade so far.
Source:
India Business-Business-The Times of India |
"One of the major concerns client sometimes have is to be advised by consultants who have never "lived" in their industry," says Christophe Grimont, consulting director, APac, Synovate Business Consulting.
Source:
The Financial Express |
Poland is keen to invest in the food processing and agro sectors in West Bengal to boost bilateral relations between the two countries.
Source:
The Financial Express |
The Orissa government has set up a high-official committee on Monday to inquire into the allegations of large-scale irregularities in the $90-million Orissa health system development project aided by the World Bank.
Source:
The Financial Express |
Plastic bags instead of surgical gloves, just 12 gowns for 50-odd health workers, no protective masks or goggles --- backed by complete ignorance about what exactly is to be done.
Source:
The Financial Express |
The government wants to make it easier for foreign companies to remit money from India as royalties, licence fees and other payments from local companies. As a part of its plans to attract greater investment, the government wants to remove all regulatory restrictions on payments received by foreign companies from their Indian partners, joint ventures and subsidiaries, for providing funds as well as technical assistance.
Source:
The Financial Express |
Heavy selling on account of profit booking towards the end of the trade saw major indices fall over 2 per cent.
Source:
India Business-Business-The Times of India |
Rockville, Jan 15 (ANI/Business Wire India): F-D-C Reports, Inc. has announced the launch of PharmAsiaNews.com, a new subscription-based online service covering Rx drugs, biologics and devices in China, India, Japan and other nations in the Pacific Rim.
Source:
webindia123.com |
The much-awaited Reliance Power Initial Public Offering hit the markets today and received an overwhelming response.
The issue is already overs
Source:
NDTV News |
The European Union anthem rang out in Malta marking the official adoption of the euro as its national currency.
Source:
webindia123.com |
The rupee moved up by two paisa to 39.26/27 against the US dollar on expectations of heavy portfolio inflows in the Reliance Power's IPO, which was fu
Source:
NDTV News |
The stock market surrenders its initial dominance and 30-share barometer touches a high of 20,872.93 after resumption of trade.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Oil prices were nearly flat on Tuesday after climbing more than US $1 a barrel in the previous session as forecasts for colder weather in the United S
Source:
NDTV News |
The 30-share BSE barometer ends the day at 20,251.09, a net fall of 476.96 points, or 2.30 per cent, from the previous close.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Prime Minister Manmohan Singh has said danger to development comes from extremism of all types. He favoured a collective fight against terrorism even
Source:
NDTV News |
AIG Global Investment Group, which already has some exposure into the Indian real estate market, is rolling out India focussed real estate fund through the portfolio management service platform within a next few months.
Source:
The Financial Express |
Asia's elderly dynamos aren't under as much pressure to step down as are their U.S. counterparts, but they'll eventually need successors.
Source:
rediff Business |
Plastic bags instead of surgical gloves, just 12 gowns for 50-odd health workers, no protective masks or goggles --- backed by complete ignorance about what exactly is to be done.
Source:
The Financial Express |
An undervalued rupee puts pressure on the monetary system, while a rising currency hurts exporters. Is there a middle ground? Ask China.
Source:
rediff Business |
Poland is keen to invest in the food processing and agro sectors in West Bengal to boost bilateral relations between the two countries.
Source:
The Financial Express |
The Sensex opened with a positive gap of 108 points at 20,836 and touched a high of 20,873 in early deals. The index slipped into negative zone soon, and exhibited a weak trend for the rest of the trading day.
Source:
rediff Business |
AIG Global Investment Group, which already has some exposure into the Indian real estate market, is rolling out India focussed real estate fund through the portfolio management service platform within a next few months.
Source:
The Financial Express |
RBI is likely to keep interest rates stable in the near term, revealed Moody's. It may also ease its monetary policy stance later in the year.
Source:
rediff Business |
"One of the major concerns client sometimes have is to be advised by consultants who have never "lived" in their industry," says Christophe Grimont, consulting director, APac, Synovate Business Consulting.
Source:
The Financial Express |
According to one calculation, Reliance Power IPO is likely to gain close to $27 billion for Anil Ambani, which when combined with the existing market capitalisation of his companies will work out to be close to $75 billion!
Source:
rediff Business |
London, Jan 15 (ANI/Business Wire India): Hirco PLC, the nvestment vehicle for Hiranandani, Indias largest developer of restigious mixed-use townships, today announced that sales of esidential units in Phase 1 of its Chennai township development, iranandani Palace Gardens, continue to be strong both in terms f volume of residential units sold and the level of pricing chieved.
Source:
webindia123.com |
Aiming to make laptops a mass product, IT company HCL Infosystems on Tuesday introduced an ultra portable range of laptops at a starting price of Rs 13,990.
Source:
rediff Business |
New Delhi, Jan 15 (ANI/Business Wire India): To develop talent for India Inc, and provide a clear long-term education and careers roadmap to Indias youth, New Delhi-based media company Triumph Mediatech has launched its education and careers magazine M Now.
Source:
webindia123.com |
What you can learn from Sir George Martin, the lads' musical CEO.
Source:
rediff Business |
The Reliance Power Initial Public Offer (IPO) today opened with enthusiasm and the issue was oversubscribed 9.1 times.
Source:
webindia123.com |
Global oil shortage is looming large. While the tug-of-war over oil is waging across the world, Hydrogen Regeneration can be a viable option.
Source:
rediff Business |
US Airways has named Suzanne Boda to a senior post charged with helping the airline improve service.
Source:
webindia123.com |
New Delhi, Jan 15 (PTI) The response to mega initial public offer by Anil
Ambani group's Reliance Power seems to reflect the confidence of global
investors' in the future of Indian economy,...
Source: PTI News : Business |
The Hummer HX has a flex-fuel V6 power train that will run on biofuel and is somewhat smaller than its bigger brothers.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Mumbai, Jan 15 (PTI) The stock market surrendered its initial dominance and
the benchmark Sensex was down by another 69 points due to weak Asian cues in
morning deals on the opening day of mega...
Source: PTI News : Business |
The ultra-portable 'MiLeap' laptops weigh less than a kilogram, have a 7-inch screen and are equipped with an Intel processor. The new range of low-cost laptops come with a starting price of Rs 13,990.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Mumbai, Jan 15 (PTI) Anil Ambani group's Reliance Power IPO today generated a
demand of over Rs 78,975 crore within one hour of its book building process,
that started this morning.
...
Source: PTI News : Business |
Private sector life insurance major Tata AIG said the company's has aggressive growth plans, which require substantial investments.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Kolkata, Jan 14 (PTI) The United States has expressed a desire to work with the
West Bengal government for developing the renewable energy sector in the state.
Briefing reporters here today,...
Source: PTI News : Business |
It took just a minute for hungry investors to fully subscribe to Reliance Power's $3 billion IPO, India's biggest, and possibly catapult the company's founder Anil Ambani above his brother and bitter rival in India's rich list.
Source:
Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am
Mumbai, Jan 15 (PTI) The rupee today morning moved up by two paisa to 39.26/27
against the US dollar on expectations of heavy portfolio inflows in the
Reliance Power's IPO, which was fully...
Source: PTI News : Business |
The government wants to make it easier for foreign companies to remit money from India as royalties, licence fees and other payments from local companies. As a part of its plans to attract greater investment, the government wants to remove all regulatory restrictions on payments received by foreign companies from their Indian partners, joint ventures and subsidiaries, for providing funds as well as technical assistance.
Source:
The Financial Express |
The initial reports of bird flu among the poultry population in this part of West Bengal's Birbhum district galvanised the top district administration into holding a series of meetings through Monday, even as villagers remained unaware of the causes and feasted on chicken curry to make the best of a huge loss.
Source:
The Financial Express |
Maruti Wagon R has scored the highest in the small car segment followed closely by Maruti Swift, according to the CNBC Awaaz Auto Satisfaction Index. Maruti Alto and Maruti 800 emerge as joint third.
Source:
The Financial Express |
Markets closed weak on Tuesday with the benchmark index at 20,251 levels making a loss of 2.30 per cent or 476 points. In the broader markets, Nifty c
Source:
NDTV News |
The Orissa government has set up a high-official committee on Monday to inquire into the allegations of large-scale irregularities in the $90-million Orissa health system development project aided by the World Bank.
Source:
The Financial Express |
The response to mega initial public offer by Anil Ambani group's Reliance Power seems to reflect the confidence of global investors' in the future of
Source:
NDTV News |
The initial reports of bird flu among the poultry population in this part of West Bengal's Birbhum district galvanised the top district administration into holding a series of meetings through Monday, even as villagers remained unaware of the causes and feasted on chicken curry to make the best of a huge loss.
Source:
The Financial Express |
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