Nicholas Sarkozy has arrived in Delhi on his first visit as President of France, reports CNBCTV18. He was given the customary honours at Rashtrapati Bhavan. Formal talks with Prime Minister Manmohan Singh have begun. However, no big ticket announcements are expected. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 5:12 pm
Scottish Newcastle had accepted the USD 15.4 billion offer from Carlsberg Heineken, reports CNBCTV18. The news gains significance as SN holds 37.5% stake in United Breweries. The latter does not fear any hostile takeover and even Heineken said an open offer for UB stake is not necessary. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 4:48 pm
Indian mining major Vedanta Resources organised a firstofitskind vendors meet in Mumbai recently. And as CNBCTV18 finds out, the meet not only helped Vedanta zero in on atleast 75 value for money proposals, it also helped vendors exchange ideas amongst themselves. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 4:20 pm
Speaking to CNBCTV18, D Mhaiskar, CMD, IRB Infrastracture Developers said that the real estate project will be developed over the next 810 years. He added that the order book as of October 31, 2007 was around Rs 2,300 crore. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 3:54 pm
Scottish Newcastle has accepted the USD 15.4 billion offer from Carlsberg Heineken. The company holds 37.5% stake in United Breweries. Carlsberg Heineken has offered 800 pence per share for Scottish Newcastle. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 2:17 pm
The Vidarbha Vikas Parishad, a non-political platform of farmers, has decided to hold demonstrations Saturday in all 11 districts of Vidarbha region to press their demand that the distressed farmers' loans be written off. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 11:01 am
Hyundai Motor India Ltd. (HMIL), one of India's fastest growing automobile manufacturer and car exporter, is planning to come out with a 'public car' for developing countries. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 11:01 am
The Indian economy can sustain an economic growth of 9-9.5 percent despite the global financial turmoil, even as it hopes for steps by the US to contain the damage, Prime Minister Manmohan Singh said Friday. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 11:00 am
The opposition Congress Friday stepped up the demand for a probe into public sector Hindustan Machine Tools (HMT) parting with government land for the private Cyber City project at Kochi and charged that state Industries Minister Elamaram Kareem was behind the deal. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 11:00 am
France backs India's nuclear energy needs and also its claim for a permanent seat on the UN Security Council, President Nicolas Sarkozy declared Friday. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 10:02 am
Operations at an estimated 50,000 branches of nationalised banks across the country were affected Friday as workers proceeded on a daylong strike to protest the proposed merger of State Bank of India (SBI), India's largest commercial bank, with its associates. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 10:01 am
People in Kerala can buy the famed Mysore silk sari from an exclusive retail outlet from Saturday. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 10:00 am
Seven promoters of Anil Ambani group's Reliance Energy, including the billionaire businessman himself, have raised their stake in the company. Source: Daily News & Analysis: Money News | 25 Jan 2008 | 9:16 am
Rolta India has agreed to acquire the USbased IT consulting firm Broech Corp for $45 million (Rs 180 crore), reports Business Line. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 9:10 am
Spanco Telesystems Solutions Ltd plans to set up a strategic business unit (SBU) to market Su Rakshaa, a product that enables realtime monitoring of vehicles, reports Business Line. Spanco intends to market this product to IT/BPO firms and transport agencies servicing these industries. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 9:08 am
Reliance Retail will foray into home speciality business in 2008, reports CNBCTV18. It is in talks with international players. RIL Retail will launch theme parks and entertainment centres next year. It will also get into travel business this year. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 8:55 am
Liquor company United Spirits plans to acquire three more distilleries as well as enter into thirdparty contracts with six more as it aims to increase its volumes 33% to 100 million cases between twothree years, reports Business Line. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 8:48 am
Stateowned Bharat Sanchar Nigam Ltd has chosen the USbased SOMA Networks to deploy the worlds largest mobile WiMax network in India, reports Business Line. Source: Moneycontrol Top Headlines | 25 Jan 2008 | 8:46 am
Konkan Railway, which runs along India's picturesque west coast, will complete 10 years of its operations Saturday with its sights set on earning profits by adding 20 new stations to its network and expanding freight services. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 7:03 am
The Ahmedabad Stock Exchange (ASE) - the second oldest bourse in India - is getting ready to play a significant role, once a financial hub being built on the lines of similar hubs in Shanghai and Paris gets going on the outskirts of this city. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 7:00 am
Now you can sit on an exquisite sofa relax with your family in a luxurious ambience while a qualified holiday planner helps you find a holiday package. Source: Daily News & Analysis: Money News | 25 Jan 2008 | 6:12 am
Shelving worries about a global financial downturn, this snow-clad town in the heart of the Swiss Alps is shaking a leg to the rhythms of Bollywood this week. Source: Daily News & Analysis: Money News | 25 Jan 2008 | 6:05 am
Several states are competing with one another to house one or more of the 30 world-class universities mooted by Prime Minister Manmohan Singh to upgrade the higher education system and serve as 'launching pads' for India's rightful place in the knowledge economy. Source: IndiaeNews.com: Business News | 25 Jan 2008 | 6:00 am
JSW Steel on Friday said it has re-commissioned one of its unit after modification to produce galvalume, a zinc-aluminium coated steel product. Source: Daily News & Analysis: Money News | 25 Jan 2008 | 5:57 am
The Bombay Stock Exchange benchmark Sensex maintains rally and surges by 911 points on aggressive buying by domestic as well as foreign funds. Source: Daily News & Analysis: Money News | 25 Jan 2008 | 5:34 am
Employees of nationalised banks on Friday went on a day-long nationwide strike to oppose the proposed merger of associate banks with the State Bank of India. Source: Daily News & Analysis: Money News | 25 Jan 2008 | 5:11 am
Microsoft reported its profits surged 81 percent on record-high revenues of 16.37 billion dollars in the last three months of 2007 due to intense demand for computer software. Source: Daily News & Analysis: Money News | 25 Jan 2008 | 4:49 am
The Sensex weakened by 372 points on a day when the market was rife with rumours that many big brokerages were desperately seeking funds to avoid payment defaults. Source: Daily News & Analysis: Money News | 25 Jan 2008 | 4:03 am
Mumbai, Jan. 24 The opportunity of ‘value stock buys’ at the current lows, being recommended by advisors, has not seen any unusual rush for new demat accounts.Last year-end witnessed growth in the number of demat accounts, ... Source: Business Line - Home Page | 25 Jan 2008 | 12:00 am
We recommend a sell in Axis Bank at current market price. From the weekly chart of Axis Bank we note that it had been on a long-term uptrend from its August 2007 low of Rs 534 till its lifetime-high of Rs 1,291 touched in mid-January. However, ... Source: Business Line - Home Page | 25 Jan 2008 | 12:00 am
The Pyramid Saimira group has acquired close to 100% of UK-based animation and console game developer Aurona Technologies for an undisclosed amount. Source: Daily News & Analysis: Money News | 24 Jan 2008 | 11:12 pm
India Cements plans to de-risk its business model by expanding operations beyond the south. Source: Daily News & Analysis: Money News | 24 Jan 2008 | 11:10 pm
Renewed worries about the health of global banks hit the market's fragile confidence on Thursday, with the Sensitive Index (Sensex) falling 2.12 per cent after a brave start. ?? Source: Business Standard | Front Page Headlines | 24 Jan 2008 | 6:37 pm
The Reserve Bank of India (RBI) has sought data from non-banking finance companies (NBFCs) on their investments and financing activities in the capital markets in the last two months. ?? Source: Business Standard | Front Page Headlines | 24 Jan 2008 | 6:37 pm
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