Public sector lender UCO Bank
on Friday said it may cut down home loan rates by 50 basis points.
Source:
Zee News : Business | 7 Mar 2008 | 12:08 pm
A successful Microsoft Corp bid for Yahoo Inc could slow the growth of their common rival, Google Inc, in Asia, where the world`s biggest search engine still lags local players.
Source:
Zee News : Business | 7 Mar 2008 | 12:08 pm
Tata Group`s holding company Tata
Sons has increased its stake in Tata Teleservices Maharashtra
to 20. 20 per cent through transfer of shares.
Source:
Zee News : Business | 7 Mar 2008 | 12:08 pm
Oil hit a record high near USD 106 on Friday (GMT), fuelled by the weak dollar and OPEC`s decision to hold crude output steady.
Source:
Zee News : Business | 7 Mar 2008 | 12:08 pm
The stock markets failed to sustain
momentum and fell by 552 points to below 16k level in late
morning trade on Friday due to extremely weak global cues amid
lingering worries of recession in the us market.
Source:
Zee News : Business | 7 Mar 2008 | 12:08 pm
NEW DELHI (Reuters) - Construction company PNC Infratech Ltd on Friday said it will raise 1.5 billion rupees from an initial public offering by May.
Source:
Reuters: Business News | 7 Mar 2008 | 11:59 am
MUMBAI (Reuters) - India's top vehicle maker, Tata Motors Ltd, said on Friday vehicle sales rose nearly 1 percent in February to 54,181 units from 53,707 units a year earlier.
Source:
Reuters: Business News | 7 Mar 2008 | 11:33 am
Source:
Google News India - Business | 7 Mar 2008 | 11:31 am
NEW DELHI (Reuters) - The government on Friday asked traders to report purchases of new season wheat to central and state government officials as part of efforts to check hoarding when global supplies shrink.
Source:
Reuters: Business News | 7 Mar 2008 | 11:27 am
Source:
Google News India - Business | 7 Mar 2008 | 11:22 am
Government has laid down the minimum standards for proficiency skills of personnel, including pilots and air traffic controllers, and made it effective from this week.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 11:13 am
Source:
Google News India - Business | 7 Mar 2008 | 11:11 am
A day after P Chidambaram pitched for lower interest rates on home loans up to Rs 20 lakh, HDFC said it was not possible for now to further slash lending rates.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 11:11 am
India's largest private sector lender ICICI Bank Friday said it has repurchased its 6.625 percent bonds worth $50 million and subsequently 'extinguished' them.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 11:02 am
One of the largest transformers manufacturing companies, Maharashtra-based Emco Ltd has bagged contracts worth Rs.3.25 billion ($85 million) from Maharashtra State Electricity Transmission Company (MSETCL), the company said in a statement here Friday.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 11:01 am
MUMBAI (Reuters) - India's main stock index provisionally closed 3.8 percent lower on Friday, led by banking shares such as ICICI Bank.
Source:
Reuters: Business News | 7 Mar 2008 | 10:57 am
NEW DELHI (Reuters) - India's $15 billion debt relief plan for farmers will create a public finance headache for whichever government takes power after the next national elections, an opposition economic policy maker said on Friday.
Source:
Reuters: Business News | 7 Mar 2008 | 10:56 am
Source:
Google News India - Business | 7 Mar 2008 | 10:42 am
KOLKATA (Reuters) - State-run Bank of Baroda expects its loan growth to exceed 20 percent in 2007/08 and is aiming 20 percent to 24 percent growth in lending over the next three years, a top official said on Friday.
Source:
Reuters: Business News | 7 Mar 2008 | 10:38 am
Source:
Google News India - Business | 7 Mar 2008 | 10:34 am
MUMBAI (Reuters) - Indian utility Tata Power Co Ltd is considering building power plants in Southeast Asia and is looking at mines in Indonesia though rising coal prices is making acquisitions expensive, its managing director said.
Source:
Reuters: Business News | 7 Mar 2008 | 10:32 am
Source:
Google News India - Business | 7 Mar 2008 | 10:17 am
The company is targeting revenues in excess of Rs600 crore from the retail initiative by 2010, by when the network is expected to be 50-outlet strong.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 10:09 am
Hexaware Technologies Ltd, the Rs1,039 crore IT and BPO service provider, is close to finalising a mid-size overseas acquisition.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 10:08 am
Glory Polyfilms (GPL), a leading player in the multi-layer and laminated films used by the packaging industry, is close to diluting 20% stake.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 10:07 am
Finance minister P Chidambaram on Thursday sought to allay concerns that banks would have to shoulder the cost of the government's Rs 60,000-crore debt-waiver package.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 10:06 am
Finance minister P Chidambaram has once again called upon bankers to lower interest rates, especially on home loans.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 10:05 am
The dispute over providing the option of pension to bank employees seems to be a mathematical puzzle.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 10:03 am
Despite a tight money policy of the central bank and the government's resolve to tame prices, India's annual rate of inflation based on wholesale prices crept up to a nine-month high on higher food prices.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 10:02 am
The disparity in the country's growth was alarming and the chasm between shining and suffering India was getting bigger, India's leading agricultural economist has warned.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 10:02 am
Canada's Smart Technologies, leaders in making educational tools, is eyeing India as a potential market for its interactive whiteboards, multimedia furniture and related products, a top company official said.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 10:01 am
MUMBAI (Reuters) - India's gold demand remained low on Friday as prices remained near record highs, prompting buyers to wait for a fall, dealers said.
Source:
Reuters: Business News | 7 Mar 2008 | 9:56 am
Tata AutoComp Systems is again scouting the United States for acquisitions in the vehicle interiors and electronics space.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 9:55 am
Jet Airways promoter Naresh Goyal has decided to offload 5% of his holding in the airline before March-end to a private equity player.
Source:
Daily News & Analysis: Money News | 7 Mar 2008 | 9:50 am
Source:
Google News India - Business | 7 Mar 2008 | 9:00 am
SINGAPORE (Reuters) - Gold paused for breath after tumbling from a record high the previous day, with investors eyeing U.S. jobs data due later on Friday and a possible test of the $1,000 an ounce level.
Source:
Reuters: Business News | 7 Mar 2008 | 8:56 am
The Indian equities markets maintained their downward plunge in afternoon trades Friday as data showing a surge in inflation further dampened sentiments of already weak markets.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 8:30 am
Karnataka-based pharmaceuticals firm Shilpa Medicare Ltd said Friday that it would sell its cancer drug in Europe.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 8:30 am
Software solutions major Infosys Technologies Ltd Friday unveiled of its Islamic Banking Solution (IBS) for European, West Asian and Far Eastern markets.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 8:30 am
Source:
Google News India - Business | 7 Mar 2008 | 8:23 am
NEW DELHI (Reuters) - Indian inflation hit 5 percent in late February for the first time in nearly nine months, and analysts said building price pressures would stop the central bank from loosening policy even though growth is slowing.
Source:
Reuters: Business News | 7 Mar 2008 | 8:03 am
National Institute of Information Technology Ltd (NIIT) said Friday that it has signed a strategic partnership with Chennai-based software service provider Ramco Systems.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 8:00 am
Source:
Google News India - Business | 7 Mar 2008 | 7:53 am
Source:
Google News India - Business | 7 Mar 2008 | 7:14 am
Indian stock markets slipped in a big way at the start of trade Friday. Sensex, the benchmark index of the Bombay Stock Exchange, slipped below the psychologically important 16,000 mark within the first 30 minutes of trading.
Source:
IndiaeNews.com: Business News | 7 Mar 2008 | 6:03 am
New Delhi, March 6 Pitching for lower interest rates on home loans up to Rs 20 lakh, the Finance Minister, Mr P. Chidambaram, on Thursday asked bankers to try and incentivise borrowers of such loans by lowering interest rates.“I ...
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
Continues interest in acquisitions, new centres
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
Budget proposes Rs 188-cr additional revenue mop-up
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
A growing economy, robust financial performance and an exceptionally buoyant stock market have all supported a remarkable expansion of M&A activity, and there seems little to upset this trend in the immediate future. Overseas M&As by Indian c ompanies have exceeded the investment by foreign companies into India.
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
Move could hit export of speciality rice from South
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
More farmers to become eligible for credit; AICL retentions likely to improve
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
For Formula One fans
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
MA FOI SURVEY
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
Oil and gas companies have been bamboosled by an observation in the Memorandum and the Notes on Clauses accompanying the Finance Bill, 2008, says Mr Pritin Kumar, Senior Manager, Deloitte Haskins and Sells, Mumbai. And, at ...
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
Set-off of tax paid by arm on dividend to parents
Source:
Business Line - Home Page | 7 Mar 2008 | 12:00 am
The gap between the closure of an initial public offer (IPO) and its listing may be reduced to between three and five days from the current 21 days. ????
