The union government's decision last week to retain only 35 items on the exclusive list reserved for the small-scale industry (SSI) seems to have gone down well with the small and medium enterprise (SME) sector in Gujarat. Source: IndiaeNews.com: Business News | 10 Feb 2008 | 12:00 pm
City-based software services company Zylog Systems Ltd will soon offer voice over Internet protocol (VOIP) services by partnering with a leading US company. Source: IndiaeNews.com: Business News | 10 Feb 2008 | 10:31 am
Trade between India and Russia has the potential to touch $10 billion by 2010 and $20 billion by 2015 if issues such as high credit risk and procedural hassles are addressed, said an industry survey. Source: IndiaeNews.com: Business News | 10 Feb 2008 | 10:00 am
Power outages like the one that shut runway lights at the Indira Gandhi International airport Friday may continue till it gets electric supply directly from the main grid, an airport official said Sunday. Source: IndiaeNews.com: Business News | 10 Feb 2008 | 10:00 am
Leaders of Indian industry have suggested that India and Russia, along with Brazil and China, can jointly address the slowdown of the global economy. Source: IndiaeNews.com: Business News | 10 Feb 2008 | 9:00 am
TOKYO (Reuters) - Finance Ministers from Japan and China did not discuss currencies on Sunday but they did talk about China-made toxic dumplings -- the latest upset in often-strained Sino-Japanese relations.
Maruti Suzuki India, is set to add yet another feather on its cap with its best selling hatchback model 'Alto' expected to cross the one-million market this week. Source: Daily News & Analysis: Money News | 10 Feb 2008 | 7:31 am
MUMBAI (Reuters) - U.S. car maker Chrysler LLC's Indian unit has signed a 4 billion rupee contract with a New Delhi-based car seat maker to source seats for its Jeep Wrangler, an Indian newspaper reported on Sunday.
WASHINGTON (Reuters) - The odds of a U.S. recession stand at nearly 50 percent amid a spate of data showing a weakening labour market, signs of more credit tightening and turmoil in the financial markets, the latest Blue Chip Economic forecast is projecting.
TOKYO (Reuters) - General Motors Corp CEO Rick Wagoner boasts about the number of markets where the U.S. automaker is number one. Toyota Motor Corp President Katsuaki Watanabe emphasises where his company trails.
CARACAS (Reuters) - President Hugo Chavez vowed on Saturday to keep to his self-styled socialist revolution despite Exxon Mobil winning court orders freezing up to $12 billion of Venezuela's assets in a nationalization dispute.
NEW YORK (Reuters) - Yahoo Inc is set to reject Microsoft Corp's unsolicited bid, now worth $42 billion, as too low, a source familiar with the situation told Reuters on Saturday -- the first clear signal the board might be prepared to negotiate and sell the Internet media giant.
Three months after its record-breaking land deals, the Mumbai Metropolitan Region Development Authority (MMRDA) is going in for another mega auction. The authority is expected to rake in a minimum of Source: Business Standard | Front Page Headlines | 10 Feb 2008 | 12:17 am
Russian Prime Minister Victor Zubkov, who arrives here on February 12, is leading a delegation of over 150 CEOs for a two day visit that is expected to deepen trade and investment ties between the two Source: Business Standard | Front Page Headlines | 10 Feb 2008 | 12:17 am
Off-season sales, when shopping malls and high streets buzz with tempting offers of up to 70 per cent discounts on your favourite brand of shirts, jeans or even home textiles, are getting longer by Source: Business Standard | Front Page Headlines | 10 Feb 2008 | 12:16 am
MV Agusta, the Italian exotic superbike maker, is actively looking to launch its bikes in India. The company is currently looking out for an importer. The price tag of the machines bearing the famous Source: Business Standard | Front Page Headlines | 10 Feb 2008 | 12:15 am
European Central Bank Chief Jean-Claude Trichet said Saturday the bank did not rule out either raising or lowering interest rates, while saying that the eurozone`s economic fundamentals were sound. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
Public sector Vijaya Bank on Saturday announced an up to 1.5 per cent cut in lending rates, joining the growing list of banks that have slashed interest rates to spur consumption. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
Orissa government on Saturday successfully
completed socio-economic survey and land demarcation in one of
the three gram panchayats located in the proposed plant site
of POSCO near here, official sources said. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
India`s foreign exchange reserves
increased by USD 4.356 billion to stand at USD 292.672 billion
for the week ended February one. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
A group of financial regulators and Central Bank officials warned the G7 rich nations on Saturday that global markets could face a prolonged period of adjustment following the recent credit squeeze. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
In a bid to deepen market
penetration, SBI life insurance will infuse Rs 300 crore of
capital within next two months for funding its expansion plans
which entails opening new offices and hiring more insurance
advisors. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
Global supply-chain services company
Arshiya international on Saturday said it has signed an agreement
with the Singapore government-owned Jurong international to
develop three Free Trade Warehousing Zones (FTWZ) in Mumbai, Delhi
and Sohar in Oman. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
India is studying the finer points
of the fresh WTO proposals on cutting agricultural subsidies
and industrial tariffs, the two most contentious issues
stalling the Doha round of talks for a global trade deal. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
A second broker suspected of involvement in the Societe Generale affair appeared before French judges Saturday on suspicion of knowing about the multi-billion-euro losses being made by rogue trader Jerome Kerviel, a judicial source said. Source: Zee News : Business | 10 Feb 2008 | 12:08 am
New technologies are the only way to tackle climate change, Jeffrey D. Sachs, the Earth Institute director and special adviser to the UN Secretary General, said here Saturday. Source: IndiaeNews.com: Business News | 9 Feb 2008 | 3:30 pm
The Defence Research and Development Organisation (DRDO) of India hopes to get export orders for its indigenously developed all weather missile system, Akash, at an expo to be held in Delhi Feb 16. Source: IndiaeNews.com: Business News | 9 Feb 2008 | 3:01 pm
A high-level German delegation Saturday signed three agreements with the University of Hyderabad and Andhra Pradesh Industrial Infrastructure Corporation (APIIC) for collaboration in the field of biotechnology. Source: IndiaeNews.com: Business News | 9 Feb 2008 | 3:00 pm
The German auto giant, Mercedes-Benz launched its C-Class model in the city on Saturday. Source: Daily News & Analysis: Money News | 9 Feb 2008 | 2:36 pm
Multinational mining majors like De Beers, Anglo American and Indo Gold will take up gold and diamond mining in India, Union Minister of State for Mining T Subbarami Reddy said. Source: Daily News & Analysis: Money News | 9 Feb 2008 | 1:59 pm
Liquefied petroleum gas (LPG) distributors in northern India Saturday threatened a shutdown if the nationalised oil companies do not take corrective measure to reduce the severe shortfall in LPG supplies. Source: IndiaeNews.com: Business News | 9 Feb 2008 | 1:32 pm
TOKYO (Reuters) - The Group of Seven rich nations on Saturday approved the sale of gold by the International Monetary Fund from April as part of a broad reform of its budget, Italian Economy Minister Tommaso Padoa-Schioppa said.
TOKYO (Reuters) - The crumbling U.S. housing market has wounded the world economy, and conditions may worsen as debt-laden banks clamp down on credit, finance leaders from the world's top industrialised nations said on Saturday.
BANGALORE (Reuters) - India will not need to import wheat in the next three months as the new crop harvest nears, but New Delhi will keep its options open, a senior government official said on Saturday.