It's a green fuel breakthrough in aviation -- the first flight by a commercial airline to be powered by biofuel is to take off from Heathrow airport. Source: Daily News & Analysis: Money News | 24 Feb 2008 | 12:41 pm
Kerala will expand two of its international airports - at Thiruvananthapuram and Kozhikode - and come up with a new one at Kannur with the state government identifying more land for the purpose. Source: IndiaeNews.com: Business News | 24 Feb 2008 | 12:32 pm
Reliance Power Ltd (RPL), part of the Reliance Anil Dhirubhai Ambani Group (RADAG), Sunday announced it would give three bonus shares for every five held in an effort to reduce losses by shareholders after a dismal listing at Indian stock markets. Source: IndiaeNews.com: Business News | 24 Feb 2008 | 12:30 pm
Even as the country is re-positioning itself as the world's most favoured IT hub, Indian companies are highly exposed to the "internal attacks" generated by the "insiders". Source: Daily News & Analysis: Money News | 24 Feb 2008 | 12:09 pm
MUMBAI (Reuters) - Reliance Power Ltd on Sunday set a 3-for-5 bonus share issue in an attempt to cheer shareholders after a miserable debut following a record $3 billion initial public offer.
DUBAI (Reuters) - Bank Muscat, whose shares surged as much as 8.5 percent on Sunday, has no plans to sell any stake in HDFC after India's third-biggest lender agreed to buy Centurion Bank of Punjab.
MUMBAI (Reuters) - A proposed acquisition of Centurion Bank of Punjab by HDFC Bank, India's No. 3 lender, is likely to be valued at 100-120 billion rupees ($2.5-$3.0 billion), the Business Standard said on Sunday.
The second two-day Annual Global Forum on Innovation, Creativity and Intellectual Property will be held in Mumbai Feb 26-27. Source: IndiaeNews.com: Business News | 24 Feb 2008 | 10:32 am
The two international airports in Kerala will be expanded and a new one come up at Kannur with the state government identifying more land for the purpose. Source: IndiaeNews.com: Business News | 24 Feb 2008 | 10:31 am
The sixth international conference on communications convergence here next month will focus on wireless communication in today's age and how the telecom revolution could be taken to the remote rural areas. Source: IndiaeNews.com: Business News | 24 Feb 2008 | 10:31 am
GENEVA (Reuters) - When talks to open up the telecoms sectors started in 1994, the EU's negotiator did not know what an e-mail was, mobile phones and the Internet were in their infancy, and it was very expensive to call abroad.
JEDDAH (Reuters) - Dubai International Capital, an investment agency owned by the ruler of Dubai, said it is holding off making additional investments in the United States because asset prices are likely to fall further.
With elections due in November, the Delhi government is planning to toe the populist line by not proposing any fresh taxes in its forthcoming budget, expecting the central government to subsidise the expenditure on infrastructure for the Commonwealth Games. Source: IndiaeNews.com: Business News | 24 Feb 2008 | 7:30 am
The Bharatiya Janata Party (BJP), the principal opposition party, seems convinced that the upcoming national budget won't meet the challenges faced by the Indian economy, saying survival has become the motto of the present government and soft attitude its policy. Source: IndiaeNews.com: Business News | 24 Feb 2008 | 6:31 am
With infrastructure development gaining momentum in the country, Indian banks should be permitted to float infrastructure bonds with special tax treaty, according to P.L. Ahuja, managing director and chief executive officer, Bank of Rajasthan. Source: IndiaeNews.com: Business News | 24 Feb 2008 | 6:31 am
Indian banks, barring SBI and ICICI Bank, come a cropper in global stage when it comes to their brand value while their counterparts in communist China have fared better. Source: Daily News & Analysis: Money News | 24 Feb 2008 | 6:23 am
SYDNEY (Reuters) - Sugar has beaten the odds to gain nearly one third this year in spite of vast supplies, as investment funds pour money into a thus-far neglected part of the commodities complex, which has come into vogue as a hedge against inflation.
The famous prancing horse is set to gallop across India. The world's foremost supercar maker, Ferrari, will kick off an arduous tour of the country ? spanning more than 10 states and 13,000 kilometres Source: Business Standard | Front Page Headlines | 24 Feb 2008 | 12:26 am
The boards of directors of HDFC Bank and Centurion Bank of Punjab (CBoP) today separately gave their in-principle approvals for merger of the two banks. HDFC Bank is expected to pay Rs 10,000-Rs 12 Source: Business Standard | Front Page Headlines | 24 Feb 2008 | 12:24 am
With the government planning to start 20 per cent blending of bio-diesel with diesel, Indian oil companies are fast firming up their bio-diesel ventures. ?? Source: Business Standard | Front Page Headlines | 24 Feb 2008 | 12:24 am
The United Auto Workers and General Motors Corp. have taken a big legal step toward shifting billions in retiree health care costs from the automaker to an independent trust fund. Source: Zee News : Business | 24 Feb 2008 | 12:03 am
Canada-based roll forming system
maker Samco Machinery Ltd will supply auto parts for world`s
cheapest car Tata Nano, unveiled by the Tata group last month. Source: Zee News : Business | 24 Feb 2008 | 12:03 am
Software major Microsoft Corp,
which has made a hostile takeover bid of USD 44.6 billion
for Yahoo, has said it looks forward to a constructive
dialogue with the internet firm on the financial and strategic
merits of the proposed deal. Source: Zee News : Business | 24 Feb 2008 | 12:03 am
Centurion Bank of Punjab`s board
on Saturday gave an in-principle approval for merger with HDFC bank,
official sources said. Source: Zee News : Business | 24 Feb 2008 | 12:03 am
The euphoria over banks cutting Prime Lending Rates (PLR) may not spill over to the realty market as bankers and realty firms say they are unlikely to encourage house hunters. Source: Zee News : Business | 24 Feb 2008 | 12:03 am
The markets registered a four per cent fall in thin volume during the week under review with investors` confidence at its low amid fresh worries about the impending recession in the US. Source: Zee News : Business | 24 Feb 2008 | 12:03 am
A proposed plan to make a low-cost small car with an Indian partner would be very important for Renault and Nissan Motor Co as the foreign firms seek to tap growth in emerging markets to help offset saturation in the main US and Japanese markets, a senior Renault official said. Source: Zee News : Business | 24 Feb 2008 | 12:03 am
Microsoft Corp. said Friday it won`t totally uproot Yahoo Inc. from its Sunnyvale, Calif. headquarters if it succeeds in its bid to buy the Web portal company. Source: Zee News : Business | 24 Feb 2008 | 12:03 am
New Delhi, Feb. 23 It is now not just the customers but even the dealers of two-wheelers who will come under scrutiny for loan defaults, as many banks pull out of financing the segment in many parts of the country. According to ... Source: Business Line - Home Page | 24 Feb 2008 | 12:00 am
New Delhi, Feb. 23 The Government plans to initially cover 1.6 crore workers of unorganised sector under its mandatory health insurance scheme, which will come into affect from April 1. Subsequently, it plans to cover nearly six crore workers ... Source: Business Line - Home Page | 24 Feb 2008 | 12:00 am
Size matters in any business, more so if you are an Indian bank preparing to ward off competition in 2009. Source: Daily News & Analysis: Money News | 23 Feb 2008 | 10:21 pm
The British workers' union representing carmaker Ford has reiterated its support for the Tata offer to buy the Ford-owned Jaguar and Land Rover. Source: Daily News & Analysis: Money News | 23 Feb 2008 | 2:25 pm
Saying that funds for modernisation would not be a constraint, Defence Minister A.K. Antony Saturday promised a new-look Indian Air Force (IAF) in two years - and announced it would get 40 more Hawk advanced jet trainers (AJT) in addition to the 66 it has already purchased. Source: IndiaeNews.com: Business News | 23 Feb 2008 | 2:03 pm
Providing an opportunity for co-creation, creating common interest based communities and acting as a nodal agency in the global supply chain are some of the key innovation drivers in the future, said a top management guru. Source: IndiaeNews.com: Business News | 23 Feb 2008 | 2:03 pm
MUMBAI (Reuters) - HDFC Bank, India's third-biggest lender by market capitalisation, agreed on Saturday to buy Centurion Bank of Punjab in an all-share deal in the nation's biggest financial sector buyout.
CHENNAI (Reuters) - A proposed plan to make a low-cost small car with an Indian partner would be very important for Renault and Nissan Motor Co as the foreign firms seek to tap growth in emerging markets to help offset saturation in the main U.S. and Japanese markets, a senior Renault official said.
PepsiCo's India-born chief Indra Nooyi is among Forbes' list of 10 best women chief executive officers of large corporations based on their total return to investors. Source: Daily News & Analysis: Money News | 23 Feb 2008 | 11:56 am
