Facebook announced Tuesday that it has wooed a top executive away from Google to be the hot online social networking website`s chief operating officer. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
Finance Minister Palaniappan Chidambaram said on Wednesday he expects the economy to grow 8.8 percent plus in the 2008/09 fiscal year. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
General Motors Corps and Daimler AG unveiled plans for lithium-ion hybrids as automakers push to overcome difficulties with a technology that promises to push hybrid autos to the next level of performance. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
The Bombay Stock Exchange benchmark Sensex gained over 100 points in early trade on Wednesday on fresh buying by retail investors in some fundamentally strong shares. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
A 25-member trade delegation led by a group of ministers from Iran will on Wednesday meet captains of Indian industry here and discuss possible collaboration in the oil and gas sectors. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
Toyota Motor Corp said on Wednesday it may invest in Mitsubishi Heavy Industries Ltd`s USD 1.5 billion jet project, potentially throwing its weight behind the plan to build Japan`s first passenger jet. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
Tata Motors Ltd, India`s top vehicle maker, would seek to nurture the Jaguar and Land Rover brands it was close to acquiring from Ford Motor Co, Chairman Ratan Tata said. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
OPEC was set to maintain its official oil output level at a meeting here Wednesday, ignoring US pleas to raise production to help cool record-high crude prices threatening to dampen economic growth. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
A record monthly trade deficit in January is not a aberration and is likely to widen further in coming months due to slowing exports, analysts said. Source: Zee News : Business | 5 Mar 2008 | 11:55 am
India's mobile television market will be worth $360 million by the end of this year, according to a report by Springboard Research, a leading Singapore-based IT market research firm. Source: IndiaeNews.com: Business News | 5 Mar 2008 | 11:33 am
Construction major Larsen and Toubro Ltd (L and amp;T) said Wednesday it has won contracts for three transmission lines totalling Rs.4.58 billion ($114 million). Source: IndiaeNews.com: Business News | 5 Mar 2008 | 11:31 am
NEW DELHI (Reuters) - The government has sought details from Tata Teleservices on its recent tie up with the U.K.'s Virgin Mobile, a senior telecoms official said on Wednesday, but added the two firms had not been barred from rolling out services.
MUMBAI (Reuters) - Private sector lender Yes Bank plans to develop food parks across India with agri-business infrastructure firm, Greenport Corp, its chief said on Wednesday.
NEW DELHI (Reuters) - A $15 billion debt relief plan for farmers would clean up banks' balances sheets and be funded through government revenue, the prime minister said on Wednesday, but economists said it would hurt public finances.
BANGALORE (Reuters) - India's main stock index provisionally ended 1.51 percent higher on Wednesday, snapping a four-day losing run, with index heavyweight Reliance Industries leading the gains.
MUMBAI (Reuters) - Mirae Asset Global Investment Management (India) has collected 14.35 billion rupees in two fixed income funds, it said in a statement on Wednesday.
NEW DELHI (Reuters) - Finance Minister on Wednesday urged companies not to increase prices despite a mismatch in supply and demand in some sectors, asking them to help fight inflation amid a global rise in commodity prices.
SINGAPORE (Reuters) - Gold rose on Wednesday as bargain hunters resurfaced after a drop the previous day, while supply fears helped platinum stay near an all-time high.
MUMBAI (Reuters) - India's gold demand revived slightly on Wednesday after a sharp fall in prices overnight and some more buying could be seen if the metal eased further, dealers said.
After promoting Whirlpool appliances and Tata Indicom, now Bollywood's talented actress Kajol will now be the new brand ambassador of Anchor White toothpaste. Source: IndiaeNews.com: Business News | 5 Mar 2008 | 8:30 am
SINGAPORE (Reuters) - Oil prices recovered above $100 on Wednesday from an almost 3 percent tumble a day earlier, as growing signs that OPEC would not raise output at its meeting balanced expectations of bearish U.S. oil stocks data.
The $1 trillion Indian economy will expand 8.8 percent this fiscal, thanks to the boom in investment, but farm output continues to be a drag on overall growth, Finance Minister P. Chidambaram said Wednesday. Source: IndiaeNews.com: Business News | 5 Mar 2008 | 8:00 am
Tata Motors' widely anticipated purchase of the luxury Jaguar and Land Rover marques has been delayed by more than 10 days, a spokesman for the Britain's largest manufacturing union said. Source: Daily News & Analysis: Money News | 5 Mar 2008 | 6:38 am
NEW DELHI (Reuters) - The finance minister said on Wednesday he expects the economy to grow by at least 8.8 percent in the next fiscal year while promising to revisit overseas borrowing rules for corporates later.
Finance Minister P Chidambaram on Wednesday asked the industry to be more competitive and hold the price line. Source: Daily News & Analysis: Money News | 5 Mar 2008 | 6:18 am
The Indian equities market Wednesday opened flat on weak cues from the global markets. The negative rally was led by banking stocks which saw heavy selling in the early trade. Source: IndiaeNews.com: Business News | 5 Mar 2008 | 6:00 am
Eminent agriculture scientist M.S. Swaminathan Wednesday said that a remunerative market for farmers has become a must to ensure the stability of the farm sector. Source: IndiaeNews.com: Business News | 5 Mar 2008 | 6:00 am
Sensex gained 31 points in early trade on Wednesday on fresh buying by retail investors in some fundamentally strong shares. Source: Daily News & Analysis: Money News | 5 Mar 2008 | 5:20 am
ONGC is in talks with over 12 international oil exploration companies to enter ultra deep water exploration. It is looking at developing several marginal fields as well. Source: Daily News & Analysis: Money News | 5 Mar 2008 | 4:17 am
The Appellate Authority for Industrial and Financial Reconstruction (AAIFR) has cleared the way for a rights issue by engineering company Jessop & Co Ltd. Source: Daily News & Analysis: Money News | 5 Mar 2008 | 4:16 am
The subsidiary, 86% held by the parent company at present, is offering a public issue of its shares to raise capital worth Rs330 crore at the upper end of the price band. Source: Daily News & Analysis: Money News | 5 Mar 2008 | 4:15 am
Sensing the demand for additional capacity in the cargo carrier space, logistics major AFL is teaming up with Singapore-based Cardinal Aviation. Source: Daily News & Analysis: Money News | 5 Mar 2008 | 4:15 am
India is currently experiencing a demographic phase characterised by declining fertility rates and increasing life expectancy, thanks to improved nutrition and health services. Source: Daily News & Analysis: Money News | 5 Mar 2008 | 4:13 am
Power producers have welcomed the move for a watchdog for the coal industry as announced in India's national budget for 2008-09, but feel the nation's interests would be served better if an independent regulator oversaw the entire energy sector. Source: IndiaeNews.com: Business News | 5 Mar 2008 | 4:00 am
The agitation against north Indian workers in Maharashtra has put the brakes on auto and auto-component makers' operations in the auto heartland of Pune-Pimpri. ?? Source: Business Standard | Front Page Headlines | 5 Mar 2008 | 12:28 am
The Rs 60,000-crore loan waiver for small farmers has not exactly sent farming communities in the country into transports of joy, a dipstick survey by Business Standard correspondents, each of whom Source: Business Standard | Front Page Headlines | 5 Mar 2008 | 12:27 am
Chennai, March 4 ICICI Bank and its overseas subsidiaries have an exposure of over $2.2 billion in the credit derivatives market. Credit derivatives are defined as tradable financial instruments whose price and value derives from the ... Source: Business Line - Home Page | 5 Mar 2008 | 12:00 am
New Delhi, March 4 The once popular postal saving schemes seem to be losing out to other investment instruments prompting the Finance Minister to extend income-tax benefits to some more of these schemes as part of the Budget proposals. Almost ... Source: Business Line - Home Page | 5 Mar 2008 | 12:00 am
New Delhi, March 4 The Finance Minister, Mr P. Chidambaram, on Tuesday made it clear that there would be no rollback on any Budget proposals even as he assured industry that any ‘inadvertent errors’ would be ... Source: Business Line - Home Page | 5 Mar 2008 | 12:00 am
Small and cheap is the mantra that Intel Corporation's is banking upon to open new frontiers with its latest brands of microprocessors the Intel Atom and Intel Centrino Atom. Source: Daily News & Analysis: Money News | 4 Mar 2008 | 10:08 pm
On Sunday, the Tatas and the UK-based Virgin group announced their franchisee agreement. Through this pact, Tatas were planning to offer Virgin Mobile services. Source: Daily News & Analysis: Money News | 4 Mar 2008 | 10:06 pm
The Punjab government Tuesday evening set up a committee to 'study' the implications of the Rs.600 billion ($15 billion) farm loan waiver scheme, announced by the central government in the 2008-09 budget. Source: IndiaeNews.com: Business News | 4 Mar 2008 | 6:30 pm
India's leading private bank ICICI Bank has suffered losses of over $264 million due to the sub-prime mortgage meltdown in the US, the highest loss reported by an Indian bank. Source: IndiaeNews.com: Business News | 4 Mar 2008 | 6:00 pm
Swiss food giant Nestle India's Tuesday reported profits of Rs.936.1 million ($23 million) during the quarter ending Dec 31, 2007 compared to Rs.624.6 million in the same period last year. Source: IndiaeNews.com: Business News | 4 Mar 2008 | 5:31 pm
