Gujarat small industries happy over de-reservation move

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

Gammon Infra to go ahead with IPO plans - Economic Times


CNN-IBN

Gammon Infra to go ahead with IPO plans
Economic Times - 38 minutes ago
10 Feb, 2008, 1557 hrs IST, PTI MUMBAI: Unfazed by two major companies, Emaar and Wockhardt Hospitals, withdrawing their initial public offers, Gammon Infrastructure Projects today said it will go ahead with its plans to tap the capital market.
Wockhardt Hospitals withdraws IPO, refund money in Moneycontrol.com
IPOs: The rules of the game have changed Hindu Business Line
Sify - Times of India - NDTV.com - Daily News & Analysis
all 107 news articles

Source: Google News India - Business | 10 Feb 2008 | 11:57 am

Zylog to offer Internet voice services

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

Yahoo may reject Microsoft offer - Times of India


KLEW

Yahoo may reject Microsoft offer
Times of India - 2 hours ago
SILICON VALLEY: Internet major Yahoo Inc is likely to turn down the Microsoft Corp's USD 44.6 billion takeover offer, the media here has reported quoting an unnamed source.
Yahoo to Reject Microsoft Buyout Offer, May Find Few Options Bloomberg
Yahoo Expected to Reject Microsoft’s Takeover Offer New York Times
CNNMoney.com - BBC News - Stock Watch - Business Standard
all 1,430 news articles

Source: Google News India - Business | 10 Feb 2008 | 10:22 am

Anil to be cynosure of all eyes as R-Power gets listed - Economic Times


Anil to be cynosure of all eyes as R-Power gets listed
Economic Times - 2 hours ago
10 Feb, 2008, 1535 hrs IST, PTI MUMBAI: Billionaire businessman Anil Ambani will be the centre of attention on Monday morning, not just for India but perhaps for the stock markets worldwide, when he rings the opening bell here to mark the listing of ...
Reliance Power investors have shares but no stake Sify
Reliance Power to list on Feb 11 Moneycontrol.com
Hindu - Stock Watch - Times of India
all 18 news articles

Source: Google News India - Business | 10 Feb 2008 | 10:21 am

India, Russia trade can touch $20 billion by 2015: Ficci

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 to continue at Delhi airport

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

BHEL bags Rs 3390 cr order for setting power stations in UP - Economic Times


India Infoline.com

BHEL bags Rs 3390 cr order for setting power stations in UP
Economic Times - 2 hours ago
10 Feb, 2008, 1519 hrs IST, PTI NEW DELHI: State-run Bharat Heavy Electricals Ltd has won a Rs 3390-crore order for setting up of two units of 500 MW each at Anpara thermal power station in Uttar Pradesh.
BHEL bags mega contract in UP Hindu
BHEL bags Rs 3390cr UP power plant order Business Standard
Stock Watch - Moneycontrol.com - Reuters - India PRwire (Press Release)
all 15 news articles

Source: Google News India - Business | 10 Feb 2008 | 9:51 am

India, Russia can check global financial crisis: Assocham

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

Japan, China finmins discuss dumplings, not yuan

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.

Source: Reuters: Business News | 10 Feb 2008 | 8:46 am

Maruti's Alto set to cross one-million mark

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

Chrysler in deal to source seats from India - report

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.

Source: Reuters: Business News | 10 Feb 2008 | 7:23 am

PFRDA expects transfer of pension money to MFs by April 1 - Economic Times


Calcutta Telegraph

PFRDA expects transfer of pension money to MFs by April 1
Economic Times - 6 hours ago
10 Feb, 2008, 1157 hrs IST, PTI NEW DELHI: Paving the way for investing a part of around Rs 4500-crore retirement money of government staff in capital markets, interim pension regulator PFRDA expects the Centre and 19 states to transfer the money under ...
Exempt New Pension Scheme also from tax regime, regulator urges Centre Hindu
Pension seeks PF tax status Calcutta Telegraph
Hindu Business Line - All India Radio
all 10 news articles

Source: Google News India - Business | 10 Feb 2008 | 6:32 am

Blue Chip panel puts U.S. recession odds at 50 pct

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.

Source: Reuters: Business News | 10 Feb 2008 | 5:56 am

Bharat Forge Forms JVC with NTPC - Stock Watch


Bharat Forge Forms JVC with NTPC
Stock Watch - 7 hours ago
Casting and Forging major, Bharat Forge Ltd has announced that the Company has signed an MOU with NTPC Ltd, to set up a Joint Venture Company for its foray into the Capital Goods sector.
NTPC forms JV with Bharat Forge Sify
NTPC, Bharat Forge tie up for Rs 3000 crore equipment JV Economic Times
Myiris.com - Business Standard - Bloomberg - Fresh News
all 22 news articles

Source: Google News India - Business | 10 Feb 2008 | 5:12 am

For Toyota, success is a bitter-sweet pill

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.

Source: Reuters: Business News | 10 Feb 2008 | 5:12 am

Chavez vows Venezuela revolution despite Exxon

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.

Source: Reuters: Business News | 10 Feb 2008 | 4:33 am

Yahoo set to rebuff Microsoft bid as too low

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.

Source: Reuters: Business News | 10 Feb 2008 | 2:59 am

Short-term deposit rate shoots up

Banks raising one-year deposits at 9.75% to meet MF, pension fund redemptions.??
Source: Business Standard | Front Page Headlines | 10 Feb 2008 | 12:18 am

Mumbai set for another mega land deal

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

150 CEOs come calling with Russian PM

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 hurt branded goods

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 to power its way into India

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 doesn`t rule out rate hike, cut!

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

Vijaya Bank brings down lending rates!

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

First phase survey completed at POSCO plant site!

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 forex reserves up by USD 4.35 bn!

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

Report warns G7 that markets face `prolonged adjustment`!

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

SBI life to pump in Rs 300 cr for expansion plan!

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

Arshiya signs deal with Jurong Intl to develop FTWZs!

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 studying fresh WTO proposals on Doha!

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

French judges release second suspect in rogue trader affair !

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

TRAI may set FDI norms for broadcasting, cable services

Consultation paper soon to seek stakeholders’ views
Source: Business Line - Home Page | 10 Feb 2008 | 12:00 am

Budget likely to ease merger of private airlines

Plan to extend tax benefit accorded to AI-Indian merger
Source: Business Line - Home Page | 10 Feb 2008 | 12:00 am

Niche segments lure IIFT students

Public sector companies join race for talent
Source: Business Line - Home Page | 10 Feb 2008 | 12:00 am

Ford hopes to resolve pension, job security issues soon


Source: Business Line - Home Page | 10 Feb 2008 | 12:00 am

Cement prices inch up across markets


Source: Business Line - Home Page | 10 Feb 2008 | 12:00 am

Market lure: Insurance cos’ exposure to equities on the rise

ULIPs witness huge premium mop-up; Rs 70,000 cr may go into stocks
Source: Business Line - Home Page | 10 Feb 2008 | 12:00 am

Auto MNC workers hit training circuit overseas

GLOBALISING THE SHOPFLOOR
Source: Business Line - Home Page | 10 Feb 2008 | 12:00 am

Rs.700-crore package for bird flu-hit families - Hindu


Tehelka

Rs.700-crore package for bird flu-hit families
Hindu - 13 hours ago
Kolkata: The West Bengal government on Saturday announced a Rs 700 crore package for helping the seven lakh families affected by the bird flu virus, which raged through the State for nearly a month since mid-January.
Rs 600 cr soft loan for poultry owners Times of India
Rs 700 crore to help bird flu-affected poultry owners Economic Times
The Statesman - Calcutta Telegraph - Expressindia.com - Hindu Business Line
all 15 news articles

Source: Google News India - Business | 9 Feb 2008 | 11:19 pm

Paswan lays foundation stone for steel plant expansion - Economic Times


Calcutta Telegraph

Paswan lays foundation stone for steel plant expansion
Economic Times - 15 hours ago
10 Feb, 2008, 0230 hrs IST, PTI RAIPUR: Steel Minister Ram Vilas Paswan today laid the foundation stone of the Rs 11262-crore expansion and modernisation project of Bhilai Steel Plant in Chhattisgarh.
'Policy for allocating iron-ore mines needs to be changed' Hindu
Iron ore policy change sought Calcutta Telegraph
Hindu Business Line - Newindpress - Financial Express
all 8 news articles

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

Short-term deposit rate shoots up - Business Standard


Hindu Business Line

Short-term deposit rate shoots up
Business Standard - 18 hours ago
The short-term deposit rate has gone up sharply with banks scurrying for deposits of one-year maturity to repay mutual and pension funds.
Slowdown in banks’ non-food credit growth Hindu Business Line
Global situation requires constant vigil on monetary policy Sify
Daily News & Analysis - Rediff - Livemint
all 11 news articles

Source: Google News India - Business | 9 Feb 2008 | 6:17 pm

New technologies must to tackle climate change: Jeffrey Sachs

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

DRDO to woo international buyers for Akash

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

German firms to collaborate with Andhra Pradesh in biotechnology

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

Now the Mercedes C- Class in Ahmedabad

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

Multinationals to come to India for gold mining: Minister

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

Distributors threaten closure as LPG shortfall worsens

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

G7 approves IMF gold sales - Italy econ minister

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.

Source: Reuters: Business News | 9 Feb 2008 | 1:11 pm

G7 leaders turn pessimistic on global economy

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.

Source: Reuters: Business News | 9 Feb 2008 | 12:57 pm

India in no rush to buy wheat; keeping options open

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.

Source: Reuters: Business News | 9 Feb 2008 | 12:02 pm
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