India has emerged as the second most optimistic nation in the world in terms of employment outlook, says a survey. Source: Daily News & Analysis: Money News | 11 Mar 2008 | 11:13 am
MUMBAI (Reuters) - Indian telecom firms, seeking to increase revenue and stimulate demand by offering Internet Protocol Television (IPTV) services, face hurdles of high costs, low broadband usage and slow speeds, company officials said.
MUMBAI (Reuters) - Indian shares provisionally ended 1.06 percent higher on Tuesday, led by gains in top listed firm Reliance Industries Ltd and infrastructure play Larsen & Toubro Ltd.
The company's board of directors approved the proposal to raise additional long term resources up to Rs 4,000 crore by way of issuing securities. Source: Daily News & Analysis: Money News | 11 Mar 2008 | 10:50 am
MUMBAI (Reuters) - The World Gold Council is looking to cross-list its New York-listed StreetTRACKS Gold Shares, a gold exchange-traded fund (ETF), in Japan and Hong Kong by September, a senior WGC official said on Tuesday.
State-owned GAIL India Ltd will float a subsidiary for city gas distribution and compressed natural gas (CNG) business, its chairman and managing director U.D. Choubey said here Tuesday. Source: IndiaeNews.com: Business News | 11 Mar 2008 | 10:00 am
NEW DELHI (Reuters) - Cement prices in India have stabilised since March 2007 and there was no plan to set up a separate regulator for the sector, Junior Industry Minister Ashwani Kumar said on Tuesday.
MUMBAI (Reuters) - Tata Motors Ltd, India's top bus and truck maker, said on Tuesday it planned to raise additional long-term funds of up to 40 billion rupees ($1 billion).
Global internet auction giant eBay named Ambareesh Murty as its new Country Manager for India, replacing Rajan Mehra. Source: Daily News & Analysis: Money News | 11 Mar 2008 | 9:33 am
SINGAPORE (Reuters) - Platinum rallied 4 percent on Tuesday as speculators jumped into the market after a drop the previous day, while gold tracked oil's fall from record highs.
MUMBAI (Reuters) - The Indian rupee eased slightly in midday trade on Tuesday, as traders eyed near-record oil prices and the see-sawing local stock market for cues.
Indian basket of crude oil above $100/bl Business Standard - 2 hours ago The basket of crude oil that Indian refiners buy breached the $100-mark for the first time yesterday. The Indian basket of crude oil was priced at $100.17 per barrel on Monday - the latest day for which data is available from the petroleum ministry. crude oil basket at record highEconomic Times all 12 news articles
Micro Technologies Tuesday said it has tied up with India's leading private cellular operator Bharti Airtel to offer mobile security services to its subscribers in the national capital region and Gujarat. Source: IndiaeNews.com: Business News | 11 Mar 2008 | 9:00 am
NEW DELHI (Reuters) - Containing inflation remains high on the government's agenda and there is no divergence of views between the central bank and the finance ministry on the issue, the Minister of State for Finance said on Tuesday.
DHAKA (Reuters) - The army-backed interim government of Bangladesh has asked India for cut-price rice under a state-to-state deal as it seeks to reduce import costs for its main food staple.
Bringing all health-related facilities under one roof, a private-sector speciality hospital Tuesday commissioned the first-of-its-kind 'health mall' at Mohali town adjoining Chandigarh. Source: IndiaeNews.com: Business News | 11 Mar 2008 | 8:30 am
Indian auto giant Bajaj is emerging as the leading motorcycle player in Sri Lanka amidst fierce competition from other global players, according to auto experts. Source: Daily News & Analysis: Money News | 11 Mar 2008 | 8:12 am
MUMBAI (Reuters) - India's gold demand subsided on Tuesday after moderate sales overnight as softening prices raised hopes of an impending correction, dealers said.
The board of directors of Infrastructure Kerala Ltd (InKel), a new infrastructure company that has been formed under public-private partnership, is likely to double its paid up capital from Rs.1 billion to Rs.2 billion. Source: IndiaeNews.com: Business News | 11 Mar 2008 | 8:01 am
The Indian Railways are renting out over 1,000 hectares of land across the country for commercial activities like constructing malls, hotels and motels, said Minister of State for Railways R. Velu. Source: IndiaeNews.com: Business News | 11 Mar 2008 | 8:01 am
Indian equities markets, which opened with a marginal loss Tuesday, bounced back soon after and were trading in the green on account of sustained buying in scrips across sectors, notably in capital goods, power, oil, cement and pharmaceuticals stocks. However, early in the afternoon, the markets started moving southwards again. Source: IndiaeNews.com: Business News | 11 Mar 2008 | 8:00 am
India's main stock market staged a recovery in the first hour of trading Tuesday, after opening below Monday's close of 15,923.72. The recovery bucked the global trend, where the New York stock exchange closed Monday at its lowest level since 2006. Source: IndiaeNews.com: Business News | 11 Mar 2008 | 6:01 am
The Bombay Stock Exchange benchmark Sensex fell by 185 points in early trade on Tuesday on selling by funds in heavy-weight stocks led by Larsen and Toubro. Source: Daily News & Analysis: Money News | 11 Mar 2008 | 5:01 am
Facing the common challenge of feeding the poor in this region of over 1.2 billion people, policymakers from Saarc nations favour a composite policy for ensuring food security in the region. Source: IndiaeNews.com: Business News | 11 Mar 2008 | 4:00 am
Engineering major Larsen & Toubro Ltd (L&T) on Monday said that one of its subsidiaries in West Asia may incur a loss of Rs 200 crore on commodity-hedging bets gone wrong, erasing last year's Source: Business Standard | Front Page Headlines | 11 Mar 2008 | 12:15 am
The Bombay Stock Exchange Sensitive Index made a dramatic recovery of over 600 points on Monday from the day's low, but that seems to be a small consolation for the market, if top players are to be Source: Business Standard | Front Page Headlines | 11 Mar 2008 | 12:14 am
The loan waiver jamboree appears to be gathering pace. After announcing the farm debt waiver and relief scheme, the government is considering a package to waive overdue interest and loans of handloom Source: Business Standard | Front Page Headlines | 11 Mar 2008 | 12:14 am
Kolkata, March 10 The Reserve Bank of India has asked all public sector banks to submit by March 14 comprehensive list of dues from small and marginal farmers and other borrowers of agricultural loans. The National Bank for Agriculture and ... Source: Business Line - Home Page | 11 Mar 2008 | 12:00 am
A bunch of regional airlines are readying for take-off. Southern India is regarded as the better market for these airlines as, unlike the rest of the country. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 10:15 pm
Bangalore International Airports Ltd (BIAL) is surrounded by turbulence even as the launch date (March 30) of its new airport at Devanahalli draws close. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 10:13 pm
With a slowdown looming large over the information technology (IT) sector, the developers of IT parks and IT special economic zones (IT-SEZs) have begun to face the heat. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 10:12 pm
The announcement came at an interactive session organised for the round even as the last day for submission of bids has been pushed from April 11 to April 25. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 10:11 pm
Bear signs are getting ominous in the marketplace, but so is some hope. The Sensex bounced from near its January low of 15300 on Monday to close at 15923. Source: Daily News & Analysis: Money News | 10 Mar 2008 | 10:09 pm