The big announcement from Tata Motors on JLR is expected the week starting March 17. Both parties are likely to sign an MoU but the sale itself will be completed in the next 68 weeks. CNBCTV18s Swati Khandelwal says Tata\'s seem to be negotiating price guarantees for engines from Ford. Source: Moneycontrol Top Headlines | 15 Mar 2008 | 4:40 pm
Honda Motorcycle is looking to tap into a new niche with a new scooter called the Aviator. Other than offering great build quality, Honda has made the Aviator, priced at Rs 46000 on road Mumbai, tough by changing the standard 10\' wheel with a 12\" alloy wheel at the front with the option of a 190mm disc brake. Source: Moneycontrol Top Headlines | 15 Mar 2008 | 4:25 pm
Maharashtra government will sign Memorandum of Understanding (MoUs) with companies for investment worth Rs 1,700 crore in the state, as told to CNBCTV18, by sources. Source: Moneycontrol Top Headlines | 15 Mar 2008 | 4:11 pm
No one thought Padma Vibhushan Dr MS Swaminathan, who started off as a Zoology student, will end up working in felids all across Asia. But it was the Bengal famine that inspired him to switch to agriculture. An exemplar, a dissenter, a critic and an advocate of organic agriculture, he talks on how the next decade can belong to Indian agriculture. Source: Moneycontrol Top Headlines | 15 Mar 2008 | 3:47 pm
India can lead the world in development of renewable energy and other new technologies in the fight against climate change, former US vice president Al Gore said here Saturday. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 12:32 pm
As many as 16 flyovers, a proposed monorail project and several other infrastructure undertakings are going to give Mumbai a new shape as the Maharashtra government sanctioned Rs.66.43 billion ($1.65 billion) for infrastructure and transport projects in the city and its suburbs for 2009-09. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 12:31 pm
With inflation again creeping up to worrisome levels, Finance Minister P. Chidambaram Saturday virtually ruled out any government intervention to ease interest rates. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 12:30 pm
Rourkela Steel Plant (RSP), a
Unit of Steel Authority of India Ltd (SAIL), is all set to
establish new records in its performance during 2007-08. Source: Zee News : Business | 15 Mar 2008 | 12:01 pm
The stock markets continued to be in correction mode during the volatile week under review due to a slew of negative global as well as domestic reasons and the benchmark Sensex dropped further by 1.35 percent to end the week at six-month low. Source: Zee News : Business | 15 Mar 2008 | 12:01 pm
The near-collapse of US investment giant Bear Stearns and its Federal Reserve bailout on Friday heightened fears that the worst is not over for the spreading global credit crunch. Source: Zee News : Business | 15 Mar 2008 | 12:01 pm
President George W Bush, seeking to bolster faith in the economy amid fears of a recession, acknowledged on Friday the United States was going through hard times but said growth would resume over the long run because economic fundamentals were sound. Source: Zee News : Business | 15 Mar 2008 | 12:01 pm
Government on Saturday indicated that the Reserve Bank may not go for interest rates cut to boost the industrial production because of high inflation. Source: Daily News & Analysis: Money News | 15 Mar 2008 | 9:52 am
Mumbai will get a rare treat next fortnight when the world's most luxurious ship, 'Queen Victoria', arrives here as part of her maiden world tour. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 9:31 am
School teachers, bank officials, IT firms and retail chain managers are making a beeline to the Indian Institute of Management-Lucknow to learn how to make business successful and in return the institute has earned a sizeable Rs.100 million during the current fiscal year. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 9:30 am
Turbulence in the US market pushed the Sensex barometer of the Bombay Stock Exchange (BSE) to a six-month low this week. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 9:30 am
Nilkamal Ltd, a player in the plasticmoulded furniture industry, plans to shed its image as a mere plastic products company and expects to ramp up its turnover in the next three years with equal contribution from its plastics division, material handling systems and home solutions stores, reports Business Line. Source: Moneycontrol Top Headlines | 15 Mar 2008 | 8:54 am
Consumer durables major Videocon Industries is bracing up for the summer with at least nine new models in the refrigerator category, reports Business Line. The company is targeting a 15 per cent market share and has earmarked Rs 8 crore towards marketing and promotions for the quarter. Source: Moneycontrol Top Headlines | 15 Mar 2008 | 8:34 am
Chhattisgarh will set up three cashew nut processing units in the iron ore rich Bastar region, a government official said Saturday. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 8:30 am
Vivimed Labs, a speciality chemical and Home and Personal Care (HPC) company, is likely to acquire two companies in the US and Europe, reports Business Line. Source: Moneycontrol Top Headlines | 15 Mar 2008 | 8:29 am
Saint Gobain Glass India, part of the $60billion diversified French major Saint Gobain, is in the process of evaluating the possibility of expanding its existing plant in Tamil Nadu while considering another greenfield project, reports Business Line. Source: Moneycontrol Top Headlines | 15 Mar 2008 | 8:20 am
West Bengal, where the IT and ITeS sector is growing at a galloping 71 percent, is gearing up to develop an alternative IT hub near here as the existing one in Salt Lake is fully sold out. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 4:31 am
India has rejected allegations made in a US court that an official from its embassy in Washington had joined in a conspiracy with an Indian American businessmen to illegally export sensitive dual use items to the country. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 4:31 am
US stocks fell Friday amid news that investment firm Bear Stearns had received a financial bailout from bank JPMorgan Chase and the Federal Reserve. Source: IndiaeNews.com: Business News | 15 Mar 2008 | 4:30 am
NEW YORK (Reuters) - President George W. Bush, seeking to bolster faith in the economy amid fears of a recession, acknowledged on Friday the United States was going through hard times but said growth would resume over the long run because economic fundamentals were sound.
Amending a 100-year-old act, the Goa government today decided to ban the sale of land to foreigners in the state. ?? Source: Business Standard | Front Page Headlines | 15 Mar 2008 | 12:06 am
Even as the government has decided to induct private sector executives to head its public sector companies, the two tax collection arms of the central government are facing a curious problem. ?? Source: Business Standard | Front Page Headlines | 15 Mar 2008 | 12:06 am
Mumbai, March 14 The markets bounced back on Friday with a gain of 2.6 per cent after slumping 4.5 on Thursday when the Nifty and the Sensex reached their six month lows.The Finance Minister, Mr P. Chidambaram’s statement that the ... Source: Business Line - Home Page | 15 Mar 2008 | 12:00 am
Mumbai, March 14 Non-food credit increased for the fortnight ended February 29 by Rs 39,988 crore to touch Rs 22,06,902 crore, according to the Reserve Bank of India’s Weekly Statistical Supplement.In the previous fortnight, ... Source: Business Line - Home Page | 15 Mar 2008 | 12:00 am
Write-downs from sub-prime-tied securities will probably rise to $285 billion, or $20 billion more than S&P’s forecast of $265 billion, two months ago, the global rating agency Standard & Poor’s said on ... Source: Business Line - Home Page | 15 Mar 2008 | 12:00 am
When Dr Manmohan Singh was Finance Minister, he realised the problems of senior citizens (persons of 65 years and more) in the country and decided to put surplus money in their pockets by giving them tax breaks. In his 1992-93 Budget speech, he ... Source: Business Line - Home Page | 15 Mar 2008 | 12:00 am
New Delhi, March 14 About two-thirds of the Rs 60,000 crore farm loan waiver announced in Budget 2008-09 would be reimbursed to lending institutions in cash by August 2009, which is within 14 months of the 36-month period over which the ... Source: Business Line - Home Page | 15 Mar 2008 | 12:00 am
NEW YORK (Reuters) - The rocky ride in U.S. stocks looks set to intensify next week with the survival of one of the biggest investment banks in doubt and regulators rapidly burning through options to limit more damage to the financial system.
PHILADELPHIA (Reuters) - The emergency rescue of Bear Stearns Co Inc on Friday left observers from all quarters wondering who would be the last man standing at the Wall Street bank.
It is raining benefits for internet and phone banking users as banks try to reduce the paperwork burden and customer rush at their branches. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 10:14 pm
An associate company of the Pyramid Saimira Group, Saimira Access Technologies Ltd had earlier picked up a majority stake in Spize TV. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 10:07 pm
There is nothing nano about their creative powers. But very soon they will be thinking Nano. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 10:02 pm
The power ministry is planning to establish three more ultra mega power projects (UMPPs), with a capacity to produce 4,000 mw of electricity each Source: Daily News & Analysis: Money News | 14 Mar 2008 | 9:37 pm
Bharat Heavy Electricals Ltd (Bhel) plans to acquire Bharat Heavy Plates and Vessels Ltd (BHPVL) to augment its power-equipment manufacturing capacity. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 9:32 pm
The Centre will use taxpayer's money to finance the Rs 60,314 crore farm-loan waiver plan. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 9:30 pm
United Bank of India (UBI) is likely to see a reduction in equity capital, in preparation for a initial public offer, which may be towards the end of the next fiscal. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 9:29 pm
Reserve Bank of India governor Y V Reddy on Friday indicated that benchmark interest rates, currently at six-year high, won't be coming down in a hurry Source: Daily News & Analysis: Money News | 14 Mar 2008 | 9:27 pm
Today, all these businesses have turned around. Chairman Harsh Goenka spoke to DNA Money's Rabin Ghosh about his vision and growth strategies. Source: Daily News & Analysis: Money News | 14 Mar 2008 | 9:24 pm
Though the AS30 Disclosure and Accounting Standards will be implemented in 2011, The Institute Of Chartered Accountants Of India, or ICAI, has suggested that auditors may choose to tell companies to reveal their forex losses and even provide for them under current rules, reports CNBCTV18. Source: Moneycontrol Top Headlines | 14 Mar 2008 | 9:23 pm
If one compares the Hyderabad Airport to the Bangalore Airport, the former does look swankier. The landscaping across the airport is in place. The airport is connected to the main road although the road from thereon, i.e. the expressway, that was promised to the city has not been done yet, reports CNBCTV18\'s Faye D\'Souza. Source: Moneycontrol Top Headlines | 14 Mar 2008 | 9:18 pm
NEW YORK (Reuters) - Oil slipped on Friday as investors took profits from a record rally this week to $111 a barrel, but losses were tempered by a late-season surge in heating oil.
SAN FRANCISCO (Reuters) - Senior executives from Microsoft Corp and Yahoo Inc met on Monday to discuss Microsoft's takeover bid for the company, according to two people familiar with the matter.
NEW DELHI (Reuters) - States should levy an uniform 8 percent value-added tax on retail fuels instead of the sales taxes to offset the impact of high global oil prices on consumers and help state-run firms cut losses, an industry body said on Friday.
NEW DELHI (Reuters) - The government on Friday gave more details of how it will fund an ambitious scheme to write off the debt of millions of small farmers, saying it will in July release to banks 250 billion rupees ($6.25 billion) in cash.
