Steel major JSW Steel Monday said it would issue one share for every 22 held in Southern Iron and Steel Company Ltd. (Siscol) for merger of the two companies. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 11:32 am
Lanco Hills Technology Park Monday signed an agreement with Sembawang Infrastructure India for constructing a tower for in Hyderabad's sprawling IT park. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 11:32 am
In a novel public-private experiment, the Gujarat government and the Ahmedabad Management Association (AMA) have opened a counselling centre to assist micro as well as small and medium enterprises (MSMEs) in finding solutions to business problems that crop up due to globalisation. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 11:31 am
Gitanjali Gems, one of the leading jewellery makers in India, announced Monday that it has acquired Trinity Watch Co and Renaissance Retail Ventures for an undisclosed amount. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 11:30 am
MUMBAI (Reuters) - Trading turnover in the Indian derivatives market has fallen by more than 40 percent in value in the last two months as traders offloaded leveraged positions and arbitrage opportunities between spot and futures vanished.
MUMBAI (Reuters) - Indian shares provisionally fell 0.52 percent on Monday, led by losses in top infrastructure player Larsen & Toubro Ltd and ICICI Bank Ltd.
Eyeing the 'explosive' realty market in India, the Harvard Business School (HBS) is set to offer a short duration certificate programme to top executives of real estate industry - but at a stiff fee of Rs.297,000 ($7,310). Source: IndiaeNews.com: Business News | 10 Mar 2008 | 10:30 am
Gurgaon-based C and amp;C Constructions Ltd has been awarded two contracts worth Rs.2.02 billion ($500 million) from Himachal Pradesh Road and Infrastructure Development Corporation Ltd. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 10:30 am
TVS Motor Company Ltd Monday re-launched its 125cc Flame motorcycle with a single spark plug ignition, in a bid to cut losses on account of a patent dispute with Bajaj Auto Ltd over the use of twin spark plug technology. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 10:30 am
India's public relations (PR) industry is poised to double itself to $6 billion by 2010 from current $3 billion due to increasing competition among companies to build brands resulting in more sales, said an industry chamber. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 10:30 am
NEW DELHI (Reuters) - State-run Indian Oil Corp may double its diesel imports to one million tonnes in the next financial year if domestic demand continues to grow strongly, its director of finance said on Monday.
NEW DELHI (Reuters) - India's annual economic growth is expected to slow in the January-March quarter as the economy eases towards a trend rate of 8.0-8.5 percent, the country's chief statistician said in an interview.
TVS Motor Co launched its controversial 125 cc motorcycle 'Flame', which has been accused by Bajaj Auto of infringing upon its patented technology, with a modified engine. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 9:41 am
Large-scale investment in the food processing sector is increasingly becoming a challenge as global firms provide stiff competition to domestic producers, Subodh Kant Sahai, minister of state for food processing industries, said here Monday. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 9:32 am
Stepping up efforts to penetrate deeper into the semi urban and rural India, Maruti Suzuki Indiainked a pact with Shriram City Union Finance with an initial allocation of Rs 1,000 crore. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 9:10 am
To tap the growing automobile market of the country, Volvo Car India is expanding its dealership network with plans to open 7-9 dealerships during the current year. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 9:02 am
MUMBAI (Reuters) - India's demand for gold remained slack on Monday as prices remained firm amid expectations of a rate cut in the U.S. and as buyers awaited corrections, dealers said.
There was no "contractual agreement" between government and telecom operators to allot spectrum beyond 6.2 Mhz Telecom Minister A Raja told the Lok Sabha. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 8:57 am
MUMBAI (Reuters) - The rupee hovered near a six-month low in midday trade on Monday, weighed down by losses in the stock market and by worries about a severe economic downturn in the United States, dealers said.
MUMBAI (Reuters) - India's Tata Group, which is in final talks to buy Ford Motor Co's Jaguar and Land Rover luxury brands, denied on Monday a magazine report that it was interested in a stake in Ferrari.
With the highest number of new participants and the strongest line up of sponsors ever, the upcoming edition of Wills Lifestyle India Fashion Week (WIFW) will mark not only the maturing of the country's fashion industry but will bring a lot of money into its kitty. Source: IndiaeNews.com: Business News | 10 Mar 2008 | 8:31 am
NEW DELHI (Reuters) - India is hoping to bring out a new urban consumer price index (CPI) in April or May next year to give a more accurate and harmonised picture of prices in towns and cities, the country's chief statistician said.
NEW DELHI (Reuters) - India's domestic car sales grew a sluggish 2.3 percent in February from a year earlier, far slower than in previous months, as customers put off purchases expecting a cut in taxes in the budget.
JSW Steel said that it will issue one equity share for every 22 held in Southern Iron and Steel Company Ltd (SISCOL) for merger of the two companies. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 6:05 am
The Bombay Stock Exchange benchmark Sensex lost 483 points in early trade on Monday on selling by funds in heavy-weight stocks, led by capital goods. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 5:31 am
Mumbai, March 9 Reliance Communications (RCom) on Sunday announced a stock option scheme covering over 20,000 employees. In a statement issued today, the company said it would grant 17.5 million stock options to the employees of the ... Source: Business Line - Home Page | 10 Mar 2008 | 12:00 am
New Delhi, March 9 Rejecting the industry’s plea for allowing dividend set-off across multi-layered and multi-level corporate structures for the purpose of dividend distribution tax, the Finance Minister, Mr P. Chidambaram, has said that ... Source: Business Line - Home Page | 10 Mar 2008 | 12:00 am
Can something priced at Rs 10.84, sell for Rs 58.1? The answer is yes. The Franklin Templeton Capital Protection Fund (3-year dividend plan) has a net asset value of Rs 10.84 (as on March 7, 2008). Source: Daily News & Analysis: Money News | 9 Mar 2008 | 9:55 pm
The government might concede a sop to telecom service providers ahead of effecting a steep hike in the spectrum charges. Source: Daily News & Analysis: Money News | 9 Mar 2008 | 9:54 pm
The Union power ministry's attempts at bringing merchant and captive power plants under the purview of a modified mega power policy has hit a roadblock. Source: Daily News & Analysis: Money News | 9 Mar 2008 | 9:53 pm
With shares of many companies available at 30-40% discounts to their all-time highs of early January, private equity funds are salivating. Source: Daily News & Analysis: Money News | 9 Mar 2008 | 9:52 pm
Investors have lost around Rs 3,000 crore so far as 13 of the 18 initial public offers (IPOs) listed during the current calendar year till date are trading at a discount. The loss accounts for 24 per Source: Business Standard | Front Page Headlines | 9 Mar 2008 | 6:37 pm
Corporate India is not in favour of a uniform 25 per cent minimum public shareholding for all listed companies as proposed by a recent finance ministry discussion paper. ?? Source: Business Standard | Front Page Headlines | 9 Mar 2008 | 6:37 pm
The Hindujas, Mahindra & Mahindra (M&M) and Bharat Forge are set to join the race for the main forging unit of Germany's ThyssenKrupp in a deal that is estimated by investment bankers at over Source: Business Standard | Front Page Headlines | 9 Mar 2008 | 6:36 pm
