India to unveil bio-fuel policy in March

The Indian government will come out with a policy on bio-fuels by the first week of March, Minister for New and Renewable Energy Vilas Muttemwar said here Friday.
Source: IndiaeNews.com: Business News | 1 Feb 2008 | 11:00 am

TV18's Q3 revenues up over 50%: Raghav Bahl - Moneycontrol.com


TV18's Q3 revenues up over 50%: Raghav Bahl
Moneycontrol.com - 1 hour ago
Network 18's consolidated net sales were up at Rs 185.4 crore in Q3 FY08. Its consolidated net profit stood at Rs 19.5 crore. Raghav Bahl, MD, Network18, said the company has grown over 50% in revenue terms.
Global Broadcast News Q3 net profit up at Rs 1.78 crore exchange4media.com
CNN-IBN Revenues Up 54% Media Newsline
Financial Express - Livemint
all 6 news articles

Source: Google News India - Business | 1 Feb 2008 | 10:59 am

Tata names Chaturvedi as head of Corus unit - Hindu


Tata names Chaturvedi as head of Corus unit
Hindu - 1 hour ago
London (PTI): A year after clinching the 13-billion dollar deal to acquire Corus, Tata Group has made three top- management changes at Strip Products division of the Anglo-Dutch steelmaker, including the appointment of one of its Indian executive as ...
Tata names new Corus Strip MD Times of India
Corus makes three appointments across group facilities Economic Times
all 6 news articles

Source: Google News India - Business | 1 Feb 2008 | 10:56 am

Ambuja Cements FY-07 net up 32% at Rs 1769 cr - Hindu Business Line


Ambuja Cements FY-07 net up 32% at Rs 1769 cr
Hindu Business Line - 1 hour ago
MUMBAI: Ambuja Cements Ltd posted a net profit of Rs 1769.10 crore for the year ended December 2007 as compared to Rs 1340.07 crore shown during last year.
Ambuja Cement FY07 net profit rises 32% Economic Times
Ambuja Cements FY07 net up 29% Business Standard
all 3 news articles

Source: Google News India - Business | 1 Feb 2008 | 10:50 am

RPG plans 25 bln rupees retail expansion - Reuters India


RPG plans 25 bln rupees retail expansion
Reuters India - 1 hour ago
KOLKATA (Reuters) - The diversified RPG group plans to invest 25 billion rupees to expand Spencer's Retail network by 2009/10, a top official said on Friday.
Spencer’s plans Rs 600 cr IPO Sify
Spencer`s Retail on expansion spree Myiris.com
all 4 news articles

Source: Google News India - Business | 1 Feb 2008 | 10:26 am

Carriers start rerouting; ISPs seek DoT's intervention - Economic Times


Carriers start rerouting; ISPs seek DoT's intervention
Economic Times - 1 hour ago
NEW DELHI & MUMBAI: Indian service providers such as Bharti, Tatas-owned VSNL and Reliance Communications, who offer international connectivity through global undersea links, have engaged in large scale re-routing of voice and data traffic, ...
Internet services to be restored by evening Hindu
Redundancy saves BPOs Sify
Hindu Business Line - Rediff - The Statesman
all 17 news articles

Source: Google News India - Business | 1 Feb 2008 | 10:26 am

Electrotherm's electric motorbike is sputtering

The electric vehicle division of steel and engineering firm Electrotherm India Ltd, whose electric motorcycles sought to revolutionise the Indian automotive market, is currently having a bumpy ride.
Source: IndiaeNews.com: Business News | 1 Feb 2008 | 10:00 am

Lintas Media Group undertakes restructuring - Business Standard


Lintas Media Group undertakes restructuring
Business Standard - 2 hours ago
Lintas Media Group (LMG), part of IPG media network, announced a restructuring of its management team yesterday. The teams have been reorganised in a set of collectives and collaboratives, each aligned to enable better focus on key clients and regional ...
Lintas merges its media divisions Daily News & Analysis
Lintas Media Group announces new leadership structure Indiantelevision.com
exchange4media.com
all 4 news articles

Source: Google News India - Business | 1 Feb 2008 | 9:39 am

Finnish elevator firm expects smooth ride in 2008

Finnish elevator and escalator manufacturer Kone Corp, which has doubled sales in China and India, foresees a smooth ride during this year with the softening of steel prices.
Source: IndiaeNews.com: Business News | 1 Feb 2008 | 9:30 am

Chennai to have footwear design studio

A footwear design and component testing lab is to come up soon at the Footwear Component Park near Chennai to benefit small manufacturers who now send their products to Singapore for testing.
Source: IndiaeNews.com: Business News | 1 Feb 2008 | 9:30 am

Inflation increases to 3.93% - Daily News & Analysis


Press Trust of India

Inflation increases to 3.93%
Daily News & Analysis - 2 hours ago
NEW DELHI: The headline inflation rate for the week ended January 19 on Friday rose to 3.93 per cent compared to its previous week's level of 3.83 per cent, due to higher wholesale commodity prices.
Inflation rate rises to 3.93% Sify
Concerns of price stability dominant: Reddy NDTV.com
Chennai Online - The Statesman - Newindpress
all 19 news articles

Source: Google News India - Business | 1 Feb 2008 | 9:20 am

Inflation increases to 3.93%

The headline inflation rate for the week ended January 19 on Friday rose to 3.93 per cent compared to its previous week's level of 3.83 per cent.
Source: Daily News & Analysis: Money News | 1 Feb 2008 | 9:04 am

Bokaro Steel to build Rs.25 billion cold rolling mill

Bokaro Steel Plant (BSL), the flagship unit of state-owned Steel Authority of India Ltd (SAIL), will set up a 1.2 million tonne cold rolling mill (CRM) at an investment of Rs.25 billion ($635 million).
Source: IndiaeNews.com: Business News | 1 Feb 2008 | 9:00 am

TVS Motor January two-wheeler sales down 23% - Myiris.com


India Infoline.com

TVS Motor January two-wheeler sales down 23%
Myiris.com - 4 hours ago
India`s third biggest motorcycle maker TVS Motor said that its January sales fell for the eleventh straight month to 93385 units, down 23% on year.
TVS Motor registers two wheeler sales at 93385 units India Infoline.com
Bajaj-TVS patent case lands in Madras High Court Economic Times
Financial Express - Economic Times
all 10 news articles

Source: Google News India - Business | 1 Feb 2008 | 7:47 am

Price band reduced for greater participation: Emaar MGF - Moneycontrol.com


India Infoline.com

Price band reduced for greater participation: Emaar MGF
Moneycontrol.com - 4 hours ago
Emaar MGF Land, a joint venture between one of the world’s leading real estate companies, Emaar Properties PJSC of Dubai, and MGF Development Limited of India, is open for subscription with its initial public offering of 102570623 equity shares for ...
Emaar MGF Land reduces price range Financial Times
Emaar buys 1.36% more in Indian JV for Rs 922 crore Economic Times
Hindu Business Line - Reuters - Livemint - Financial Express
all 27 news articles

Source: Google News India - Business | 1 Feb 2008 | 7:36 am

Thales lures more Indians to France's top grad schools

French defence and electronics major Thales will give more scholarships to high-performing Indian students as it seeks to attract the 'world's best talent' to France's top-notch graduate schools.
Source: IndiaeNews.com: Business News | 1 Feb 2008 | 7:32 am

Key market index surges after firm opening

The benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) surged 253.45 points after opening on the first day of the month on a positive note at 17,820.67 on initial buying interest amid concerns of a possible US recession.
Source: IndiaeNews.com: Business News | 1 Feb 2008 | 7:30 am

Sensex surges 253.45 pts after firm opening - Daily News & Analysis


Sahara Samay

Sensex surges 253.45 pts after firm opening
Daily News & Analysis - 5 hours ago
MUMBAI: The sensitive index (Sensex) surged 253.45 points, after opening the first day of the month on positive note at 17820.67 on initial buying interest amid concerns of a possible US recession.
Sensex surges 585 pts, as FIIs return Hindustan Times
Sensex up 253 points in early trade Hindu
Xinhua - Economic Times - Financial Express - Black Enterprise
all 61 news articles

Source: Google News India - Business | 1 Feb 2008 | 6:48 am

Sensex surges 253.45 pts after firm opening

Sensex surged 253.45 points, after opening the first day of the month on positive note at 17,820.67 on initial buying interest amid concerns of a possible US recession.
Source: Daily News & Analysis: Money News | 1 Feb 2008 | 6:46 am

Kingfisher, Deccan Airways agree to merge

The Kingfisher Airlines and Deccan Airways have finally decided to merge.
Source: Daily News & Analysis: Money News | 1 Feb 2008 | 6:27 am

Deccan Airways to start direct flights to Gulf

Deccan Airways Executive Chairman G R Gopinath said the airlines proposed to commence direct flight services between Mangalore and Gulf countries.
Source: Daily News & Analysis: Money News | 1 Feb 2008 | 6:23 am

HDFC cuts home loan by 0.25%

HDFC on Thursday cut its retail prime lending rate by 0.25% for the first time since July 2003, citing "improved operational efficiency and good quality portfolio".
Source: Daily News & Analysis: Money News | 1 Feb 2008 | 4:05 am

From memorial gates to schools: NRI philanthropy in Punjab

As one drives down one of the rural roads in Jalandhar district, or almost anywhere in the Doaba region of Punjab, it will not be long before one comes across a towering gate on the outskirts of a village. Large memorial gates built in memory of one's parents or some other similarly deserving people have been one of the hallmarks of NRI (non-resident Indian) contribution to the home village. But in recent years, NRI contributions have moved from the ubiquitous memorial gates dotting the countryside and sports festivals to developmental projects like schools, hospitals and village infrastructure.
Source: IndiaeNews.com: Business News | 1 Feb 2008 | 2:00 am

Oil cos post profit, seek more bonds

The government-owned oil companies have sought more oil bonds to compensate for losses in selling of petroleum products.
Source: Daily News & Analysis: Money News | 1 Feb 2008 | 12:27 am

2006-07 GDP growth revised upwards to 9.6%

Second highest in history after 10.5% recorded in 1988-89
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

Dry winter a legacy of La Nina year: Expert

Thiruvananthapuram, Jan. 31 The dry winter conditions (unlike wet monsoons) that north and northwest India experienced this season was only to be expected during a La Nina year, according to experts. The northwest Indian region usually ...
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

Chidambaram maintains GDP will grow at 9%

Hints at rapid adjustments in policies to manage global uncertainties
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

Tatas acquire General Chemical of US for $1 b

Set to become second largest soda ash maker globally
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

Fed rate cut may not augment FII inflows

Money to flow only if returns are good
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

Net connectivity improving

CABLE REPAIRS ON
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

VSNL to roll out WiMAX in 12 cities next year

Chennai, Jan. 31 After the successful launch of its WiMAX services in Bangalore, VSNL intends to roll out the product in 11 more cities by March 2009. Chennai, Delhi and Hyderabad will be the first three among them, Mr Srinivasa Addepalli, ...
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

Lending rates are headed down, say economists

Likely after April policy; triggered by Fed rate cut
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

Realty, housing finance stocks losing ground on liquidity concerns

Developers facing fall in demand, valuations being questioned
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

Tata Chemicals acquisition timed well

To result in better profit margins
Source: Business Line - Home Page | 1 Feb 2008 | 12:00 am

ACs hot for Godrej

The latest AC model launched, company officials claim, incorporates a technology for maximum cooling aided with its curvilinear design.
Source: Daily News & Analysis: Money News | 31 Jan 2008 | 11:35 pm

Closed-ended schemes, R.I.P

So if a scheme raised Rs 1,000 crore it was allowed to recover up to Rs 60 crore as initial issue expenses from the investors investing in the scheme.
Source: Daily News & Analysis: Money News | 31 Jan 2008 | 11:21 pm

Pvt equity regrets year of excesses

The moot question at a gathering of representatives from private equity firms on Thursday was whether 2007 was a year of excesses.
Source: Daily News & Analysis: Money News | 31 Jan 2008 | 11:20 pm

Redundancy saves BPOs

The damaged undersea cables in the Mediterranean had little impact on the booming information technology industry in India, industry experts told DNA Money.
Source: Daily News & Analysis: Money News | 31 Jan 2008 | 11:19 pm

Lufthansa in talks with Jet, QuikJet for cargo biz

German carrier Lufthansa has confirmed that it has started negotiations with Indian full-service carrier Jet Airways and Bangalore-based cargo airline QuikJet for a strategic alliance for cargo
Source: Business Standard | Front Page Headlines | 31 Jan 2008 | 6:34 pm

Volatile mkts put new issues in troubled waters

Volatility in the secondary markets has forced some initial public offers (IPOs) to revise their price bands as markets continue to be plagued by liquidity problems. ??
Source: Business Standard | Front Page Headlines | 31 Jan 2008 | 6:34 pm

Tata Chem snaps up US firm for $1 billion

Deal makes company world's second largest producer of soda ash. ??
Source: Business Standard | Front Page Headlines | 31 Jan 2008 | 6:33 pm

Sun Fruits to cultivate stevia in West Bengal, northeast

Sun Fruits Ltd, a Pune-based natural sweetener producing major, is looking at cultivating a sweet herb in northern districts of West Bengal and in the northeast states to tap the growing potential of natural sweetener market in India.
Source: IndiaeNews.com: Business News | 31 Jan 2008 | 3:02 pm

Indian Oil net profit up 16.7 percent

India's biggest petroleum refiner Indian Oil Corp (IOC) has reported a 16.7 percent year-on-year rise in its net profit in the third quarter (Oct-Dec) despite the financial pressure on its bottom line due to the high international price of crude oil.
Source: IndiaeNews.com: Business News | 31 Jan 2008 | 3:02 pm
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