Fall in US economy will not have impact on SAP: Ranjan Das

President and CEO of SAP opined that the fall in US economy will not have any adverse impact on SAP India and there will be no cut in expenditure cost or cut in jobs.
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 11:41 am

OIL to target further expansion in Golden Jubilee year: CMD

Having emerged as the largest company in Assam and second largest in the country, OIL is eyeing to expand manifold as the oil giant steps into its golden jubilee year this month.
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 11:20 am

India puts on hold talks with Pak on IPI pipeline till polls - Times of India


Alarab online

India puts on hold talks with Pak on IPI pipeline till polls
Times of India - 37 minutes ago
NEW DELHI: India has put off talks with Pakistan till elections there to resolve transit fee issue that poses hurdles to the implementation of the Iran-Pakistan-India gas pipeline.
India not to attend pipeline talks Hindu
India to skip Tehran meet on pipeline deal NDTV.com
Pakistan Dawn - Daily Times - India PRwire (Press Release) - The Post
all 50 news articles

Source: Google News India - Business | 6 Feb 2008 | 11:09 am

Chhattisgarh to generate 39,500 MW power by 2012

Chhattisgarh will take its power generation capacity to a record 39,500 megawatt (MW) from its existing capacity of 1410.85 MW by the year 2012, official sources said Wednesday.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 11:01 am

10 flights cancelled, 150 delayed in Delhi

Thousands of passengers had a harrowing time at the Indira Gandhi International (IGI) Airport of the national capital as a thick fog Wednesday morning led to more than 10 flights being cancelled and over 150 delayed in and out of the capital.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 11:00 am

Tata Motors subsidiary ties up with Boeing - Business Standard


India Infoline.com

Tata Motors subsidiary ties up with Boeing
Business Standard - 47 minutes ago
The Boeing Company, the world’s leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft combined, has entered into an agreement with India’s TAL Manufacturing Solutions, a wholly-owned subsidiary of Tata ...
Boeing, Tata unit sign components deal for 787 Reuters India
Boeing Names Tata as 787 Dreamliner Parts Supplier (Update1) Bloomberg
MarketWatch - Chicago Tribune - Crain's Chicago Business
all 11 news articles

Source: Google News India - Business | 6 Feb 2008 | 10:59 am

Sensex skids on global cues - NDTV.com


Sensex skids on global cues
NDTV.com - 1 hour ago
Markets came under heavy selling pressure on Wednesday with the benchmark index closing at 18139 levels, down 2.8 per cent or 523 points.
Mkts end in deep red inline with Asia: IT, metal worst hit Moneycontrol.com
Mkts: IT majors trade weak Sify
NDTV.com - NDTV.com - NDTV.com
all 23 news articles

Source: Google News India - Business | 6 Feb 2008 | 10:45 am

Mukesh Ambani plans big for real estate; goes headhunting

Reliance group is planning a splash in the real estate business, for which it has initiated a process of recruiting large number of professionals.
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 10:17 am

Cabinet to take call on fuel price hike: Deora

Petroleum and Natural Gas Minister Murli Deora Wednesday said it is the Cabinet Committee on Political Affairs (CCPA) that will take a call on the petrol and diesel prices.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 10:01 am

IBS Software to open new centre in Bangalore

Kerala-based IBS Software Services, provider of new-generation IT solutions to the global travel, transportation and logistics (TTL) industry, plans to open a new development centre in Bangalore by next month.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 10:00 am

MRPL, Shell join hands for aviation fuel marketing

The Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of Oil and Natural Gas Corporation Ltd (ONGC), Wednesday announced its partnership with Shell Aviation for domestic marketing of aviation fuel.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 10:00 am

De-sealing of illegal properties starts in south Delhi

Civic authorities in the national capital Wednesday began a drive to de-seal illegal properties from south Delhi's Saket locality.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 10:00 am

UBS's First India Branch Put on Hold Pending Probe (Update2) - Bloomberg


UBS's First India Branch Put on Hold Pending Probe (Update2)
Bloomberg - 1 hour ago
By MC Govardhana Rangan Feb. 6 (Bloomberg) -- UBS AG's first license to provide banking for Indian companies has been put on hold by the central bank, awaiting the outcome of a regulatory enquiry.
RBI puts on hold UBS branch approval NDTV.com
UPDATE 1-New blow to UBS as India licence bid put on hold Reuters
Livemint - Hindustan Times
all 15 news articles

Source: Google News India - Business | 6 Feb 2008 | 9:53 am

India International Seafood Show 2008 from Feb 8 - Economic Times


India International Seafood Show 2008 from Feb 8
Economic Times - 2 hours ago
6 Feb, 2008, 1500 hrs IST, PTI KOCHI: To provide a platform for marine processors and overseas buyers to explore business opportunities for mutual benefit, a three-day India International Seafood Show will be held in Kochi from February 8.
Swimming beauties to rake in moolah in Kerala Sify
Indian International Seafood Show 2008 to begin on 8 February Livemint
Economic Times
all 6 news articles

Source: Google News India - Business | 6 Feb 2008 | 9:45 am

US must take urgent note of IT worker shortage: Wipro chief

The growing shortage of IT professionals is fast becoming a serious issue in the United States, Wipro CEO and chairman Azim Premji said.
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 9:37 am

Sensex plunges 624 pts on weak global cues

Stock market continued to reel under heavy selling pressure in early afternoon trade with the benchmark Sensex trading with a loss of 624 points.
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 9:31 am

Farmers & youth: Kamal Nath’s focus in his constituency - Moneycontrol.com


Hindu

Farmers & youth: Kamal Nath’s focus in his constituency
Moneycontrol.com - 2 hours ago
Chhindwara has been Commerce and Industry Minister Kamal Nath's pocket borough for 27 years. CNBC-TV18 finds how he is addressing his sizeable constituencies, with the promise of a new deal for farmers and employability for youth.
US slowdown can have positive spin-offs: Kamal Nath Hindu
Export target Calcutta Telegraph
Press Information Bureau (press release)
all 13 news articles

Source: Google News India - Business | 6 Feb 2008 | 9:30 am

Cisco denies news on hiring plans - India Infoline.com


India Infoline.com

Cisco denies news on hiring plans
India Infoline.com - 2 hours ago
Cisco aims to offer networking curriculum to NIIT, IIHT and Global Knowledge in India to train and expand the networking industry's workforce capacity to 360000 in the next five years.
Cisco to aid spurt in engineers Times of India
Cisco to increase employees six fold in India Sify
Economic Times - Techtree.com - Financial Express - InformationWeek
all 46 news articles

Source: Google News India - Business | 6 Feb 2008 | 9:22 am

Canara Bk slashes home loan rates by 0.25% - Moneycontrol.com


CNN-IBN

Canara Bk slashes home loan rates by 0.25%
Moneycontrol.com - 3 hours ago
Allahabad Bank has also cut deposit and lending rates, reports CNBC-TV18. It has cut home loan rates by 50-75 bps and auto loan by 100 bps.
PSU banks cut loan rates Economic Times
Now, PSU banks cut interest rates Times of India
Reuters India - Calcutta Telegraph - Financial Express - domain-B
all 19 news articles

Source: Google News India - Business | 6 Feb 2008 | 8:43 am

GoAir launches GoFlexi Fare on all routes

Go Air, India's smart airline, launched its novel flexible pricing plan on Wednesday, allowing a passenger to change his date of travel and re-book his ticket free of cost
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 8:17 am

Maruti designing new small car - Sify


CNN-IBN

Maruti designing new small car
Sify - 3 hours ago
No, it will not cut the price of old warhorse Maruti 800 to take on the Tata Nano. "That's not possible," said Shinzo Nakanishi, the newly appointed managing director of Maruti.
No car below Maruti 800: Maruti Suzuki Business Standard
No plan for a car below 800cc, says Maruti Times of India
domain-B - Reuters India - Hindu Business Line - Stock Watch
all 36 news articles

Source: Google News India - Business | 6 Feb 2008 | 8:04 am

Mutual funds should penetrate rural areas: Rangarajan

The mutual fund industry should penetrate rural and lower income groups in the hinterland, says C. Rangarajan, chairperson of the Economic Advisory Council to the prime minister, extending the recommendations made in the financial inclusion committee report.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 8:01 am

Buddhadeb meets Montek, seeks help over bird flu

West Bengal Chief Minister Buddhadeb Bhattacharya Wednesday met Planning Commission Deputy Chairman Montek S. Ahluwalia to seek the central government's help to check bird flu.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 8:00 am

Dense fog at Delhi airport holds up flights

Thousands of passengers had a harrowing time at Delhi airport Wednesday morning as a dense fog delayed over 80 flights in and out of the national capital.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 7:00 am

Glenmark gets $15 mln milestone fee from Forest Labs - Reuters India


India Infoline.com

Glenmark gets $15 mln milestone fee from Forest Labs
Reuters India - 5 hours ago
MUMBAI (Reuters) - Glenmark Pharmaceuticals Ltd said on Wednesday its Swiss unit received $15 million in milestone fees from US-based Forest Laboratories for the Indian firm's experimental Oglemilast molecule.
Glenmark's Swiss arm gets $15 mn milestone payment from Forest Labs Economic Times
Glenmark gets $15 mn milestone pay from Forest Labs Livemint
Forbes - Bloomberg - MarketWatch
all 13 news articles

Source: Google News India - Business | 6 Feb 2008 | 6:28 am

Infosys pitches for greater affirmative action

India's software giant Infosys Technologies wants to expand its affirmative action initiative for the country's disadvantaged groups in association with the government.
Source: IndiaeNews.com: Business News | 6 Feb 2008 | 6:00 am

Dishing out a price war

A 50% price reduction in the hardware cost for DTH services is what the company is offering along with cheaper subscription rates.
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 12:18 am

Trai may raise FDI cap for FM radio

May also allow entry into news and current affairs broadcasting. ??
Source: Business Standard | Front Page Headlines | 6 Feb 2008 | 12:17 am

500 TCS staffers resign

Announces change in HR guard. ??
Source: Business Standard | Front Page Headlines | 6 Feb 2008 | 12:16 am

Crisil, Tata Capital plan credit info firm

Credit rating agency Crisil has announced that it has reached a preliminary understanding with Equifax Inc of the US, and Tata Capital Ltd to set up a credit information company (CIC), which provides
Source: Business Standard | Front Page Headlines | 6 Feb 2008 | 12:16 am

Rangarajan diktat on financial inclusion

That is the recommendation to increase penetration of financial services in rural and semi-urban areas, from a special committee headed by Dr C Rangarajan.
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 12:11 am

Reliance's two KG basin wells hit technical snag

"The loss to wells runs into about $175 million," a source claimed, though he added that the loss is recoverable through insurance claim.
Source: Daily News & Analysis: Money News | 6 Feb 2008 | 12:07 am

Banks bracing for sub-prime spillover

Impact being felt on export finance, realty advances
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Directors’ expertise defines a company

Top IT cos’ pattern stands out on experience values
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Strengthening rupee weakens marine export sector

Govt measures ineffective: SEAI
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Additional release of sugar to keep prices on leash

16 lakh tonnes available for sale this month in open market
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Mesco Steel to invest $2.8 b in two plants in Orissa

Talks on to finalise partner for Mesco Kalinga Steel project
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Pvt corporates regain dominant investor status

In 2006-07, it was twice that of public sector investment, at 14.5%
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

SEBI willing to review share margin requirement system

Seeks clarification from CBDT on short-selling
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Omaxe (Rs 311.75): Buy

We recommend a buy in Omaxe from a short-term perspective. From the charts of Omaxe, it is visible that after forming a double-bottom pattern spanning almost four months, the stock broke out of this pattern in late November 2007. Subsequently, ...
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Cable cut: Bloggers smell conspiracy

Egyptian authorities rule out damage due to ship anchor
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Banks may follow ICICI in stopping e-transfer of funds

RBI circular for Brihan Mumbai bankers causes confusion
Source: Business Line - Home Page | 6 Feb 2008 | 12:00 am

Aegis to ramp up Trombay capacity

Aegis Logistics, which provides storage and distribution services to oil & gas and chemicals majors, is expanding the capacity of its LPG storage facility.
Source: Daily News & Analysis: Money News | 5 Feb 2008 | 11:56 pm
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