NGO to market Nagpur airport project

A few days after the union cabinet decided to upgrade the Ambedkar International Airport here to an aviation hub, a city-based NGO has unfolded a plan to promote the project.
Source: IndiaeNews.com: Business News | 20 Jan 2008 | 2:02 pm

Britain favours permanent UN seat for India: Brown

Britain favours a permanent seat for India in an expanded UN Security Council, visiting Prime Minister Gordon Brown said here Sunday.
Source: IndiaeNews.com: Business News | 20 Jan 2008 | 2:01 pm

IIM alumni enhance graduate employability

Alumni of the six Indian Institutes of Management (IIMs), the country's premier business schools, came forward Sunday with a slew of customised courses here to enhance the graduates' prospects of employment.
Source: IndiaeNews.com: Business News | 20 Jan 2008 | 2:00 pm

CVC questions DoT on spectrum allotment beyond 6.2 MHz

In a development that could hurt existing GSM mobile operators, CVC has asked the DoT to explain the reasons for allotting spectrum to these service providers.
Source: Daily News & Analysis: Money News | 20 Jan 2008 | 1:50 pm

Anand Mahindra is Business India's Businessman of 2007

Mahindra & Mahindra vice-chairman Anand Mahindra was conferred Business India's Businessman of the Year 2007 award.
Source: Daily News & Analysis: Money News | 20 Jan 2008 | 1:13 pm

Bollywood-sports star combos paint ad world red

Royal Stag, the brand of whisky that the actor and the cricketers were promoting in the racy ad, generated 'overwhelming customer recall'.
Source: Daily News & Analysis: Money News | 20 Jan 2008 | 12:54 pm

'BHEL not responsible for power supply shortfall'

Bharat Heavy Electricals Ltd (BHEL) cannot be blamed for India's failure to achieve its power generation targets in the 10th Five Year Plan (2002-07).
Source: Daily News & Analysis: Money News | 20 Jan 2008 | 12:53 pm

Airlines slashing fares to woo passengers

If you want to fly around in India, this is the time. Despite the steep losses they are suffering, domestic airlines are continuing to offer cheap tickets.
Source: Daily News & Analysis: Money News | 20 Jan 2008 | 12:52 pm

India Inc, Britain join hands for enhancing skills, innovation

The Confederation of Indian Industry (CII) Sunday inked two pacts with Britain's UKSkills and i2india Holdings to explore and drive innovation for industrial and social development.
Source: IndiaeNews.com: Business News | 20 Jan 2008 | 11:30 am

Bharti Airtel signs $150 mn deal with IBM

Bharti Airtel said it has signed a $150 million six-year agreement with global IT major IBM for implementation of IT systems to launch differentiated services.
Source: Daily News & Analysis: Money News | 20 Jan 2008 | 11:14 am

IT's top 3 add over 57k workers in '07

India's three biggest IT firms, TCS, Infosys and Wipro, together added 57,554 people to their payrolls in 2007, but rising staff costs coupled with impact of rupee rally.
Source: Daily News & Analysis: Money News | 20 Jan 2008 | 9:29 am

PepsiCo starts contest for management students

Cola giant PepsiCo has launched a contest to tap young talent from the country's top management schools.
Source: IndiaeNews.com: Business News | 20 Jan 2008 | 9:00 am

Funding hampers switchover to energy-efficient tech: Ficci

The energy-intensive Indian industry is poised for large-scale switchover to more energy-efficient technologies in the face of high oil prices but is hampered by lack of cheaper funds, says an industry body.
Source: IndiaeNews.com: Business News | 20 Jan 2008 | 9:00 am

'BHEL not responsible for power supply shortfall'

Bharat Heavy Electricals Ltd (BHEL) cannot be blamed for India's failure to achieve its power generation targets in the 10th Five Year Plan (2002-07) by more than 50 percent, says the top executive of the state-owned power equipment maker.
Source: IndiaeNews.com: Business News | 20 Jan 2008 | 8:31 am

Top Piramal executive may have been kidnapped

Ashwani Bhat, a senior executive of the pharmaceutical major Nicholas Piramal India Ltd who went missing two days ago, is suspected to have been kidnapped, the police said Sunday.
Source: IndiaeNews.com: Business News | 20 Jan 2008 | 8:30 am

Electric car, 'e-on' to hit the roads soon

The electric car, developed by IIT Bombay, is named 'e-on'. This is a proto-type of the car which does not require petrol and runs at the speed of 30 km per hour.
Source: Daily News & Analysis: Money News | 20 Jan 2008 | 8:09 am

Reliance Power IPO issue price at Rs 450

Assurance on allotment to retail investors
Source: Business Line - Home Page | 20 Jan 2008 | 12:00 am

Private airlines hope to operate on Abu Dhabi, Dubai routes

Kozhikode, Jan. 19 The Government could soon allow private sector airlines to operate to Abu Dhabi and Dubai and could also possibly look at permitting them to fly to Saudi Arabia. Addressing a press conference the Mr Naresh Goyal, ...
Source: Business Line - Home Page | 20 Jan 2008 | 12:00 am

SBI invites unions for talks on merger concerns

Employees plan strike on Jan 25
Source: Business Line - Home Page | 20 Jan 2008 | 12:00 am

ICICI Bank’s Q3 net rises 35% on higher biz volume

Non-performing assets increase due to growth in unsecured loans
Source: Business Line - Home Page | 20 Jan 2008 | 12:00 am

TRAI restarts work to bring in carrier access codes

CHOOSE YOUR OPERATOR
Source: Business Line - Home Page | 20 Jan 2008 | 12:00 am

Indian tile industry may gain from China move

Mumbai, Jan. 19 Increase in freight charges and total withdrawal of export incentives to tile makers by China are bound to augur well for the Indian tile industry. The Indian Council ...
Source: Business Line - Home Page | 20 Jan 2008 | 12:00 am

Ticker boards at local markets

To help farmers get better prices
Source: Business Line - Home Page | 20 Jan 2008 | 12:00 am

Rel Power gets record 3mn applications

The Rs 11,700-crore initial share sale by Anil Ambani's Reliance Power Ltd is setting several new benchmarks, as frenzied bidding by investors continued on the eve of the close of issue tomorrow. ??
Source: Business Standard | Front Page Headlines | 17 Jan 2008 | 6:49 pm

Govt subsidy for disabled in pvt firms

Rs 1,800-crore fund to create 100,000 jobs every year.??
Source: Business Standard | Front Page Headlines | 17 Jan 2008 | 6:46 pm

Kochi airport to partly close for seven months

Almost 200 out of 400 weekly domestic and international flights in and out of Kochi will be severely affected with the airport authorities deciding to close the runway from 10 am to 8 pm every day for
Source: Business Standard | Front Page Headlines | 17 Jan 2008 | 6:46 pm

12 new services to be in tax net

Lower inflation may prompt a rates rise too.??
Source: Business Standard | Front Page Headlines | 17 Jan 2008 | 6:44 pm

`RBI is protectionist,` says British trade minister

Stanchart's plan for 100 rural branches stuck.??
Source: Business Standard | Front Page Headlines | 16 Jan 2008 | 6:47 pm

Std deduction limit may be raised to Rs 1.2 lakh

Individual tax payers may be able to avail of higher standard deduction on taxable income from the next financial year with the finance minister considering raising the standard deduction limit to Rs
Source: Business Standard | Front Page Headlines | 16 Jan 2008 | 6:47 pm

Low-cost UV on Mahindra radar

5-seater to be priced below Rs 4 lakh. ??
Source: Business Standard | Front Page Headlines | 16 Jan 2008 | 6:44 pm

Bitter harvest drives grape farmers to suicide

The well-laid road through Kadegaon taluka, a small administrative block, is bordered by sugarcane fields and grape orchards. But far more noticeable are large flex boards wishing Patangrao Kadam, the
Source: Business Standard | Front Page Headlines | 15 Jan 2008 | 6:58 pm

Countdown begins for Tata\'s Rs 1lakh car

Tata\'s Rs 1lakh car is the most awaited car, not only of 2008, but perhaps in the history of the global automobile industry. The car, which will see the light of day on January 10 will be launched in pitch darkness!
Source: Moneycontrol Top Headlines | 8 Jan 2008 | 8:39 pm

India trip more expensive than neighboring countries

India\'s shining tourism industry seems to be losing some of its luster. skyrocketing hotel rates and exorbitantly priced travel packages are forcing tourists to look away from destination India reports CNBCTV18\'s Sujata Goel.
Source: Moneycontrol Top Headlines | 8 Jan 2008 | 8:27 pm

Credit crunch will not hurt global MAs in 2008: PwC

The third quarter earnings are just days away. Infosys will come up with its numbers this Friday but equal attention this time will be on 4th quarter results of US companies, who are reeling under the subprime crisis.
Source: Moneycontrol Top Headlines | 8 Jan 2008 | 8:13 pm

Sebi to help infra cos raise money

With the government, economists, and even India Inc pitching for infrastructure, market regulator Sebi can’t be too far behind. CNBC TV18\'s Payal Bhattar tells us that the regulator\'s doing to a lot to help infrastructure projects raise money.
Source: Moneycontrol Top Headlines | 8 Jan 2008 | 6:15 pm

MM confirms pulling out of agreement with RenaultNissan

MM, Renault Nissan confirm that Mahindra is pulling out of the manufacturing facility in Chennai. MM was to partner RenaultNissan to set up Chennai production plant
Source: Moneycontrol Top Headlines | 8 Jan 2008 | 5:56 pm

India\'s IT city is showing no signs of slowing down!

The face of Bangalore’s commercial real estate is all set for a change due to the upcoming international airport. CNBCTV18’s Faye D\'souza reports that the city which topped the list for commercial real estate usage in 2007, is hungry for more.
Source: Moneycontrol Top Headlines | 8 Jan 2008 | 5:44 pm

Malaysia puts freeze on Indian workers

On a day the PM stressed on the need for freer movement of professionals across labour markets in the world, the Malaysian government has banned the recruitment of Indian and Bangladeshi workers. It is a fallout of the violence in Malaysia few weeks ago, reports CNBCTV18’s Abhijit Neogi.
Source: Moneycontrol Top Headlines | 8 Jan 2008 | 5:44 pm

Hero Honda to launch 12 models in next 18 months

Pawan Munjal, MD and CEO, Hero Honda has said that the company will launch 12 models in the next 18 months, reports CNBCTV18. The company has forayed into used bike market and has already opened 40 outlets, he said.
Source: Moneycontrol Top Headlines | 8 Jan 2008 | 5:24 pm

Now, await a CNG-run Nano!

Enterprising Gujaratis are looking for a value-for-money option with the CNG avataar of the Tata Nano.
Source: India Business-Business-The Times of India |

Bulls pause on banks

The indices declined on all the five trading sessions in the last week as they are in a strong intermediate downtrend.
Source: The Financial Express |

Reliance Power IPO to make Anil the richest Indian

With Reliance Power's Rs 450 per share IPO, Anil Ambani would whiz past elder brother Mukesh and NRI tycoon Lakshmi Mittal to become the richest Indian.
Source: India Business-Business-The Times of India |

Indias stance on bank sales

State-owned investment vehicles in Asia and the Middle East have spent at least $40 billion in the past couple of months to buy significant stakes in Citigroup Inc, Morgan Stanley, Merrill Lynch & Co, and UBS AG. However, the Indian government has decided to sit out the great fire sale of Western banks and securities firms.
Source: The Financial Express |

Bharti Airtel signs $150 mn deal with IBM

Under the agreement, IBM would bring in its global expertise in areas including the telemedia business, distribution, enterprise segments and business resilience, says Bharti Airtel.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Insurance & investment

On the last day of 2007, Sebi brought in new regulations that forbade mutual fund companies from charging load from investors in cases where investments were made directly to the fund company.
Source: The Financial Express |

Women line up for R-Power pie

For home-maker Vibhu Barot (38) getting her demat account up and running in record time to apply for the Reliance Power IPO was nothing short of a 100-metre dash.
Source: India Business-Business-The Times of India |

RBI may hold status quo on interest rates for sometime

A volatile concoction of economic factors is raising concerns about inflation and a possible recession.
Source: The Financial Express |

Reliance Energy IPO sets world record

The initial public offering by Reliance Energy has garnered an astronomical $190 billion.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

What does Goldman know that we dont?

In retrospect, the most intriguing subplot in the collapse of the subprime mortgage market has been not the size of the losses but their distribution.
Source: The Financial Express |

IPO investing forms a part of equity investing

No, not really. There are two types of investors in the market. One, who invest purely in the secondary market and one those who are pure IPO experts.
Source: The Financial Express |

Expenditure pertaining to tax-free dividends

Section 10(33) of the Income-tax Act, 1961, provides that income received by way of dividend as referred to in section 115-O of the Act is exempt from tax.
Source: The Financial Express |

Textile, apparel export declining: RBI study

New Delhi, Jan 20 (PTI) The country's total exports may be rising at around 20 per cent but overseas sales of textile, apparel and handicrafts have declined during the first five months of this...
Source: PTI News : Business |

Insurance & investment

On the last day of 2007, Sebi brought in new regulations that forbade mutual fund companies from charging load from investors in cases where investments were made directly to the fund company.
Source: The Financial Express |

Don't wait till March to start your tax planning

Every year, the accounts department send out notices to submit proof of investment for tax exemption. But, experts warn against investing at the eleventh hour.
Source: India Business-Business-The Times of India |

Bulls pause on banks

The indices declined on all the five trading sessions in the last week as they are in a strong intermediate downtrend.
Source: The Financial Express |

Getting a PAN doesnt mean one has to file returns

It appears that you intend to use your wife as a name provider for investing your own money. This is illegal. It is better to treat it as a gift to her and club this income in your hands. Normally, this clubbing provision dissuades anyone from giving a gift to the spouse.
Source: The Financial Express |

IPO investing forms a part of equity investing

No, not really. There are two types of investors in the market. One, who invest purely in the secondary market and one those who are pure IPO experts.
Source: The Financial Express |

RPL IPO may make Anil richest Indian

Reliance Power Ltd's IPO has helped its promoter Anil Ambani whiz past elder brother Mukesh and steel baron LN Mittal, with his wealth exceeding $60 bn.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Jet to fly daily to Doha, Muscat

Expanding its international network, private sector carrier Jet Airways announced the launch of its daily scheduled services to Muscat and Doha from K
Source: NDTV News |

Vizag is on a roll

Visakhapatnam has everything going for it; two SEZs, acres of residential and commercial developments, expansion plans of NTPC, a new private port at Gangavaram and the coming in of IT majors, reports Varun Soni.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

States unwilling to cut air fuel taxes

Ambiguity over who - the centre or the states - will take the call to cut air fuel taxes seems to have largely defeated the whole purpose of organisin
Source: NDTV News |

What does Goldman know that we dont?

In retrospect, the most intriguing subplot in the collapse of the subprime mortgage market has been not the size of the losses but their distribution.
Source: The Financial Express |

10 lakh demats in five days

The retail investor seems to have really arrived.
Source: India Business-Business-The Times of India |

Toyota recalls 20K Innovas to repair defect

New Delhi, Jan 20, (PTI) Japanese auto major Toyota is recalling about 20,000 units of its popular multi-utility vehicle, Innova, in India to repair a defective part that could lead to oil...
Source: PTI News : Business |

Transportation secretary rejects report

U.S. Secretary of Transportation Mary Peters said she wont endorse a congressional report recommending new federal gas tax hikes of up to 40 cents a gallon.
Source: webindia123.com |

US urges OPEC to raise oil output

Dubai, Jan 20 (PTI) The United States has asked the Organisation of Petroleum Exporting Countries (OPEC) to raise its oil output to meet the growing energy demands. "I think it is possible...
Source: PTI News : Business |

Turnpike privatization has negative impact

A study suggests privatizing U.S. toll roads might result in significant diversions of truck traffic that could cause increased accidents and costs.
Source: webindia123.com |

Reliance Power IPO garners world record $200 bn

For a company that is yet to commence business, investors from across the world placed bids worth $200 billion for its shares worth $2.9 billion on offer.
Source: India Business-Business-The Times of India |

Supreme Court limits fraud liability

The U.S. Supreme Court Tuesday disallowed securities lawsuits against corporations not directly involved in fraud.
Source: webindia123.com |

No meet today on fuel price hike

The meeting of group of minister on fuel prices scheduled for Saturday has been put off, even as the core group of UPA alliance is likely to meet on Monday morning and may discuss the issue.
Source: India Business-Business-The Times of India |

Fed awards $30B in short-term credit

The U.S. Federal Reserve said Tuesday it awarded $30 billion in 28-day credit through its Term Auction Facility at a rate of 3.95 percent.
Source: webindia123.com |

FM to woo investors at Davos

Finance Minister P Chidambaram will address a special session on India's International Agenda to woo international investors at the World Economic Forum at Davos.
Source: India Business-Business-The Times of India |

Rice output fell 5 mt in 2007: Millers

The rice output in the country last year fell by five million tonne, said an industry body and asked the Centre and states to adopt a three-pronged ap
Source: NDTV News |

Low airfares to woo customers

If you want to fly around in India, this is the time. Despite the steep losses they are suffering, domestic airlines are continuing to offer cheap tic
Source: NDTV News |

Reliance Power issue price fixed at Rs 450

Anil Ambani controlled Reliance Power, which received a tremendous response for its initial public offer, has fixed the issue price at Rs 450 per share, but it will be offered at Rs 430 to retail investors, a discount of Rs 20.
Source: rediff Business |

Algae has potential as a source of oil

Common algae from ponds and waste-water treatment plants may produce vast amounts of burnable oil, say researchers at the University of Minnesota.
Source: webindia123.com |

Reliance Power IPO sees FII demand over $100 bn

Anil Ambani Group firm Reliance Power has made history with its IPO attracting bids for shares worth over Rs 7.5 lakh crore, in which more than half of the demand came from foreign institutional investors.
Source: rediff Business |

Crude oil falls ahead of inventory report

Crude oil prices fell Tuesday on the New York Mercantile Exchange, on fears of an economy heading for a recession and expectations of high oil inventories.
Source: webindia123.com |

ICICI Bank Q3 net up 35% at Rs 1,230 cr

ICICI Bank on Saturday reported a 35 per cent jump in net profit in the third quarter this fiscal at Rs 1,230 crore (Rs 12.30 billion) compared to Rs 910 crore (Rs 9.10 billion) in the year-ago period.
Source: rediff Business |

U.S. stock indexes tumble to close

U.S. stock indexes, fueled by Citigroups reported losses and reports of a weakening economy, began down Tuesday and kept falling.
Source: webindia123.com |

Reliance Power IPO lights up rural Maharashtra

The Western Vidarbha region comprising three districts of Akola, Washim and Buldana recorded bids of over Rs 50 crore (Rs 500 million) in the IPO that had opened on January 15, according to banking and private money market sources.
Source: rediff Business |

Corn, wheat, soybean futures all surging

The boom could fall, but prices for U.S. corn, wheat and soybeans futures are currently sky high.
Source: webindia123.com |

Future supercars to say goodbye to gasoline

Gasoline might just become a thing of the past for future supercars.
Source: rediff Business |

Airlines slashing fares to woo passengers

As airlines are facing a lean season after New Year, they are offering attractive offers to lure passengers to travel during this period.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Andhra plans 8 small airports

The Andhra Pradesh government will invite expressions of interest for eight minor airports to come up in the hinterlands under a public-private sector initiative.
Source: rediff Business |

PepsiCo's contest for management students

The "Taste the Success - Become Indra's Advisor" competition requires participating teams to submit a case study of business strategies to unlock the latent demand for beverages in India.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Novartis optimistic despite Glivec setback

Swiss pharmaceutical giant Novartis is buoyant about growth prospects and further protection of intellectual property rights in India, despite the setback it suffered in the patent dispute for its cancer drug Glivec last year.
Source: rediff Business |

Mahindra is Business India's Businessman of 2007

Vodafone CEO Arun Sarin gave the award to Mahindra & Mahindra vice-chairman in Mumbai.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Cramster: An entrepreneur's success story

If you are a serious motorcycle tourer, you could pay through your nose for imported gear -- or you could buy made-in-India Cramster stuff.
Source: rediff Business |

Discounts on share issues

Discount on shares is available only for small investors, hence the profit made will not be very large, writes Arnav Pandya.
Source: Hindustan Times News Feeds 'Business' | 1 Jan 1970 | 12:00 am

Caparo eyes one billion dollar business from India

New Delhi, Jan 20 (PTI) Swraj Paul-led Caparo Group today said it will raise its investment and exposure in India to achieve an over six-fold increase in turnover to USD one billion within the...
Source: PTI News : Business |

Expenditure pertaining to tax-free dividends

Section 10(33) of the Income-tax Act, 1961, provides that income received by way of dividend as referred to in section 115-O of the Act is exempt from tax.
Source: The Financial Express |

Aus has 'golden opportunity' to work with booming India: Swan

Melbourne, Jan 20 (PTI) Indicating a major shift in its international focus towards New Delhi, Australia has expressed the hope that India, the world's second fastest growing economy, may cushion...
Source: PTI News : Business |

RBI may hold status quo on interest rates for sometime

A volatile concoction of economic factors is raising concerns about inflation and a possible recession.
Source: The Financial Express |

Left opposes fuel price hike

Opposing a marginal hike in the prices of petroleum products, CPI(M) General Secretary Prakash Karat on Sunday said the party would not approve any in
Source: NDTV News |

Indias stance on bank sales

State-owned investment vehicles in Asia and the Middle East have spent at least $40 billion in the past couple of months to buy significant stakes in Citigroup Inc, Morgan Stanley, Merrill Lynch & Co, and UBS AG. However, the Indian government has decided to sit out the great fire sale of Western banks and securities firms.
Source: The Financial Express |

TN eggs go off Gulf dinner tables

The Tamil Nadu poultry industry is reeling under the impact of bird flu in far away West Bengal. Eggs worth over Rs 22 million that were being exporte
Source: NDTV News |

Getting a PAN doesnt mean one has to file returns

It appears that you intend to use your wife as a name provider for investing your own money. This is illegal. It is better to treat it as a gift to her and club this income in your hands. Normally, this clubbing provision dissuades anyone from giving a gift to the spouse.
Source: The Financial Express |
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