Turkey offers to sign FTA with India!

Turkey has offered to consider a Free Trade Agreement (FTA) with India as it plans to increase the bilateral trade to USD 10 billion annually by 2012, Turkish Minister for Foreign Trade Kursad Tuzmen has said.
Source: Zee News : Business | 23 Mar 2008 | 12:23 pm

Air One to make new Alitalia offer!

The chairman of Italian airline Air One said in comments published on Saturday that his company was ready to make a new offer for Alitalia but needed three weeks to study the ailing airliner`s books.
Source: Zee News : Business | 23 Mar 2008 | 12:23 pm

SEBI says no to non-IPO first day price band!

Taking note of concerns that a circuit limit on first day of trading could hamper price discovery, market regulator SEBI has asked the bourses to do away with imposition of such price bands in the case of non-IPO share listings.
Source: Zee News : Business | 23 Mar 2008 | 12:23 pm

`Economy to grow at 8.5%`!

The Prime Minister`s Economic Advisory Council has retained its projection for economic growth at 8.5 percent for the next fiscal, despite a slowdown in the industrial sector, rising inflation rate and global uncertainty.
Source: Zee News : Business | 23 Mar 2008 | 12:23 pm

Opec sees oil at USD 80-110 in 2008!

Petroleum prices will range between USD80 and USD110 per barrel for the rest of 2008, Opec President Chakib Khelil said on Saturday.
Source: Zee News : Business | 23 Mar 2008 | 12:23 pm

We have advantage portfolio but Pepsi ahead in India: Coke CEO!

US Cola Giant Coca Cola has said that rival Pepsi is slightly ahead but the Atlanta-based company is determined to push India among its top five markets on the strength of its "advantage portfolio" here.
Source: Zee News : Business | 23 Mar 2008 | 12:23 pm

We have advantage portfolio but Pepsi ahead in India: Coke CEO

Coca Cola has said that rival Pepsi is slightly ahead but the Atlanta-based company is determined to push India among its top five markets on the strength of its "advantage portfolio" here.
Source: Daily News & Analysis: Money News | 23 Mar 2008 | 11:04 am

New Hyderabad airport opens, but with initial glitches

The new Rajiv Gandhi International Airport at Shamshabad near here began its commercial operations early Sunday when a Lufthansa flight arrived. But initial hiccups marred the opening day as a KLM flight from Amsterdam failed to land due to 'confusion'.
Source: IndiaeNews.com: Business News | 23 Mar 2008 | 11:00 am

Bangladesh bumper potato crop may ease price shock

DHAKA (Reuters) - Bangladesh is about to harvest a bumper potato crop, which officials say is likely to partly offset pressure on consumers facing high food prices.

Source: Reuters: Business News | 23 Mar 2008 | 9:46 am

Chinese companies are dumping, but we will match prices: BHEL - Economic Times


Hindu

Chinese companies are dumping, but we will match prices: BHEL
Economic Times - 3 hours ago
23 Mar, 2008, 1400 hrs IST, PTI NEW DELHI: Market leader BHEL has accused the Chinese companies of grabbing the equipment supply contract for mega power projects by resorting to dumping, but the state-owned undertaking declined to move government on ...
Chinese firms dumping, but it is okay: BHEL Business Standard
BHEL pays Rs. 298 crore dividend Hindu
Hindu Business Line - Stock Watch - Myiris.com
all 18 news articles

Source: Google News India - Business | 23 Mar 2008 | 8:40 am

Mobile craze puts landlines on hold - Sify


Mobile craze puts landlines on hold
Sify - 3 hours ago
The telecom war is on in Maharashtra, and landlines are losing out to cellphones in a big way. In March 2006, there were 145.32 lakh mobile users in the state, and that jumped to 279.14 lakh by September 2007, according to the Economic Survey 2007-08.
Aksh Optifibre, MTNL launch IPTV in Mumbai Myiris.com
Aksh, MTNL Bring V Spyk, A-Tel Services Techtree.com
MyNews.in - Financial Express - Indiantelevision.com - EFYTimes (press release)
all 13 news articles

Source: Google News India - Business | 23 Mar 2008 | 7:59 am

Greenfield airport on Hyderabad's outskirts commences operations - Economic Times


TopNews

Greenfield airport on Hyderabad's outskirts commences operations
Economic Times - 5 hours ago
HYDERABAD: The new Rajiv Gandhi International Airport (RGIA) at Shamshabad began its commercial operations on Sunday morning. The flight, carrying 76 passengers received a warm welcome from GMR Group officials.
GMR Infra begin operations at Rajiv Gandhi International Airport ... Myiris.com
New Hyderabad airport begins commercial operations Sify
Newindpress - Times of India - Business Standard - Hindu Business Line
all 54 news articles

Source: Google News India - Business | 23 Mar 2008 | 6:13 am

GMR eyeing projects in Middle-East, North Africa - Economic Times


GMR eyeing projects in Middle-East, North Africa
Economic Times - 6 hours ago
23 Mar, 2008, 1107 hrs IST, PTI ANKARA: Leveraging on its recent success in obtaining a contract to expand the Sabiha Gokcen International Airport at Istanbul, India's infrastructure major GMR Group is eyeing projects in the Middle-East and North ...
GMR-Limak-MAHB consortium signs pact for Istanbul SGIA in Turkey Myiris.com
GMR inks deal to expand Istanbul’s international airport Hindu Business Line
Sify - Turkish Press - Trading Markets (press release)
all 11 news articles

Source: Google News India - Business | 23 Mar 2008 | 5:43 am

SEBI says no to non-IPO first day price band - NDTV.com


All India Radio

SEBI says no to non-IPO first day price band
NDTV.com - 6 hours ago
PTI Taking note of concerns that a circuit limit on first day of trading could hamper price discovery, market regulator SEBI has asked the bourses to do away with imposition of such price bands in the case of non-IPO share listings.
What's the Story? Business Standard
Short selling may help institutions in reverse arbitrage transactions Economic Times
all 8 news articles

Source: Google News India - Business | 23 Mar 2008 | 5:13 am

OPEC chief says sees oil at $80-$110 for rest of 2008

ALGIERS (Reuters) - Petroleum prices will range between $80 and $110 per barrel for the rest of 2008, OPEC President Chakib Khelil said on Saturday.

Source: Reuters: Business News | 23 Mar 2008 | 5:02 am

South Korean investors quit China over rising costs

QINGDAO, China (Reuters) - Scores of South Korean-owned factories are closing surreptitiously in eastern China as their owners flee rising costs, leaving behind embittered workers like Li Hua.

Source: Reuters: Business News | 23 Mar 2008 | 4:54 am

Battery driven autos, cars with Australian knowhow

Australia-based Farnow Technologies has tied up with Gujarat's FieldMarshal group to invest nearly Rs.10 billion ($250 million) for assembling battery-powered three-wheel rickshaws and cars in India.
Source: IndiaeNews.com: Business News | 23 Mar 2008 | 4:31 am

More rain forecast in Tamil Nadu - NDTV.com


Chennai Online

More rain forecast in Tamil Nadu
NDTV.com - 7 hours ago
Nine people have lost their lives in the state due to heavy rain in the last few days following a depression in the Arabian Sea. While the southern districts and the delta region are under a sheet of water, 70 villages have been cut off and standing ...
Well marked ‘low’ may prolong rains Hindu Business Line
TN likely to receive more rain Hindu
Chennai Online - Sify - Hindu Business Line - Hindu Business Line
all 11 news articles

Source: Google News India - Business | 23 Mar 2008 | 4:03 am

Ethiopia wants India to develop its bamboo industry

With its expertise and entrepreneurship, India can help Ethiopia develop that country's bamboo industry, a visiting Ethiopian official has said.
Source: IndiaeNews.com: Business News | 23 Mar 2008 | 3:30 am

Don't just invest, collect art

There really is no such thing as art, there are only artists, said Gombrich in his seminal work, 'The Story of Art'. Artists 'are favoured with the wonderful gift of balancing shapes and colours till they are 'right', and rarer still, who possess that integrity of character which never rests content with half-solutions but is ready to forgo all easy effects, all superficial success for the toil and agony of sincere work,' he wrote.
Source: IndiaeNews.com: Business News | 23 Mar 2008 | 3:00 am

New Hyderabad airport begins commercial operations

The new Rajiv Gandhi International Airport at Shamshabad, about 30 km from the city centre, began its commercial operations with the landing of a Lufthansa aircraft early Sunday.
Source: IndiaeNews.com: Business News | 23 Mar 2008 | 1:01 am

News round-up for the week

Stocks collapsed last Monday, sending the benchmark indices to their second steepest fall ever. The Sensex lost 951 points dipping below the 15,000-mark for the first time after the start of its bull run last year that took it up over ...
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

Small savings collections down 22.5% in April-Jan 2008

New Delhi, March 22 Gross collections under various small saving schemes have declined by a substantial 22.5 per cent during April-January 2008, indicating waning investor interest in such schemes in this fiscal too. Financial experts ...
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

Energy crunch likely to affect global metals sector

Supply fears continue to disrupt market fundamentals
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

Foreign tourism portals woo Indians with attractive marketing strategies

Now, the foreign tourism organisations have found another way to woo Indian tourists. This time it’s through their Web portals. With Tourism New Zealand and Singapore Tourism taking the lead in adding a separate link with customised ...
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

Honda bikes ride out the market slump

Records 57% sales growth in April-Feb this fiscal
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

‘Holi’day


Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

Bearish trend turns mutual funds into net sellers now

Lack of interest in taking up fresh investment commitment
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

IT sees dip in merger & acquisition deals in value terms

Slowdown fears tell on activity in Jan-Feb period
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

Ketan Parekh scam: SEBI lets off Zee TV promoters with a warning

Coimbatore, March 22 The Securities and Exchange Board of India has said that the promoters of Zee Telefilms had by their conduct and actions given an impression that they aided and abetted Ketan Parekh (KP) entities in large scale market ...
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

CBDT defends Budget move on penalty provision amendments

New Delhi, March 22 The Finance Ministry has defended the move to give retrospective effect to a Budget proposal relating to “recording of satisfaction” by an assessing officer for initiating penalty under the income-tax law for ...
Source: Business Line - Home Page | 23 Mar 2008 | 12:00 am

Market slide: Strategy an investor should adopt - Economic Times


Market slide: Strategy an investor should adopt
Economic Times - 14 hours ago
The Bombay Stock Exchange (BSE) Sensex and National Stock Exchange (NSE) Nifty reached their all-time highs of 21206 and 6357, respectively, in January 2008.
Weekly wrap: Sensex sheds 766 pts Sify
Weekly review: Sensex ends 5 pc down Hindu
Myiris.com
all 8 news articles

Source: Google News India - Business | 22 Mar 2008 | 9:46 pm

Rethink on regional airline policy - Calcutta Telegraph


Business Standard

Rethink on regional airline policy
Calcutta Telegraph - 14 hours ago
New Delhi, March 22: The government is planning to revise its regional jetliner policy after airlines that have been given rights to operate scheduled flights within a region sought permission to fly to small airports in other regions.
Excess pilots add to losses of IA Times of India
`We expect to break even in 2009` Business Standard
Deccan Herald
all 6 news articles

Source: Google News India - Business | 22 Mar 2008 | 9:07 pm

‘Be a shareholder in Africa’s development’ - Hindu


‘Be a shareholder in Africa’s development’
Hindu - 16 hours ago
NEW DELHI: India should be a shareholder and not just a stakeholder in Africa’s developmental process, and be willing to share the risks, was the leading message that came through the ‘Dialogue of Ministers’ held on Saturday at the 4th CII-Exim Bank ...
India to collaborate with Ethiopia in leather sector Hindu Business Line
Uganda woos Indian pharma firms Economic Times
Financial Express - Newindpress - Navhind Times - Thaindian.com
all 19 news articles

Source: Google News India - Business | 22 Mar 2008 | 7:24 pm

More telecos may opt for Virgin’s call-reward model - Economic Times


Calcutta Telegraph

More telecos may opt for Virgin’s call-reward model
Economic Times - 16 hours ago
NEW DELHI: GSM players may be forced to respond to the Tata-Virgin deal, which analysts term as innovative, but not disruptive as the returns to service are lower than the industry average.
Review Tata, Virgin deal, GSM players urge DoT Hindu Business Line
DoT wants to know if mobile virtual networks can operate Livemint
TelecomTiger - Calcutta Telegraph - Business Standard - India PRwire (Press Release)
all 15 news articles

Source: Google News India - Business | 22 Mar 2008 | 7:23 pm

Indian economy at crucial juncture, says expert

The time has come for India to take vital decisions to chart the course of further economic progress, according to C.K. Prahalad, noted professor of corporate strategy and international business.
Source: IndiaeNews.com: Business News | 22 Mar 2008 | 4:31 pm

SECL set to make coal production record

The South Eastern Coalfields Limited (SECL) - the largest coal production subsidiary of Coal India Limited (CIL) - is set to make a record in coal production in the current fiscal.
Source: IndiaeNews.com: Business News | 22 Mar 2008 | 2:31 pm

Pyramid Saimira enters broadcasting arena, Chinese markets

Pyramid Saimira has finalised two international deals this month including a satellite broadcasting deal with Britain-based Spize TV to make its initial foray into the broadcasting arena and another for operating theatres in china.
Source: IndiaeNews.com: Business News | 22 Mar 2008 | 2:30 pm

Principal mutual funds declares 400 pc dividend

Principal PNB Asset Management company on Saturday declared a 400 per cent dividend in its Principal Personal Tax Saver Fund.
Source: Daily News & Analysis: Money News | 22 Mar 2008 | 1:49 pm

Cheney, Saudi king share some common views on oil - U.S.

RIYADH (Reuters) - U.S. Vice President Dick Cheney and Saudi Arabia's King Abdullah shared some common views about factors in the oil market that have pushed prices to record highs, a senior U.S. official said on Saturday.

Source: Reuters: Business News | 22 Mar 2008 | 12:23 pm

Central banks in mortgage crisis talks - FT

LONDON (Reuters) - Central banks on both sides of the Atlantic are in talks about the feasibility of mass purchases of mortgage-backed securities in a bid to solve the global credit crisis, the Financial Times said on Saturday.

Source: Reuters: Business News | 22 Mar 2008 | 9:53 am
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