Atul Chandra , President, International business, RIL has said that RIL is looking to set up a coke gassification project to convert petroleum coke into gasses, for their 850 MW captive power plant. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 3:42 pm
Jawaharlal Nehru flet that industrialisation was the only way out of poverty. In 200405 Budget speech, Finance Minister, P. Chidambaram decided to arrest the talent decline. In current year\'s Budget too, the thrust is on education. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 3:19 pm
Microsoft may be forced to pay tax in India. For the very first time, every time someone in India buys a Microsoft software product, he actually buys the license to use the software. The Income Tax Department and now even the Commissioner of Tax Appeals has interpreted that as royalty income for Microsoft. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 2:05 pm
Companies across the country are in a pickle. On March 31, the Institute of Chartered Accountants of India or ICAI issued an announcement that effectively compels all companies to implement AS30. Now that is a standard that lays down fair value accounting rules for derivatives and other financial instruments. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 1:27 pm
Ashok Sinha CMD BPCL said that BPCL may invest USD 600 million in sugarcane farms for their ethanol plans in Brazil reports CNBCTV18 Source: Moneycontrol Top Headlines | 5 Apr 2008 | 12:57 pm
MSSrinivasan Secretary, Ministry of Petroleum and Natural Gas believes that in another 10 years natural gas prices will surpass the prices of crude reports CNBCTV18. He adds that 300 billion will be spent globally in exploration and production globally. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 12:37 pm
Samsung Group Chairman Lee Kun-Hee admitted his partial responsibility for at least one of the allegations on corruption on Saturday after a special prosecutor questioned him for about 11 hours for the high-profile probe. Source: Zee News : Business | 5 Apr 2008 | 12:00 pm
A jury ordered Microsoft Corp on Friday to pay USD 367.4 million (Euro 233.7 million) to Alcatel-Lucent for infringing on two patents, a decision the software maker vowed to appeal. Source: Zee News : Business | 5 Apr 2008 | 12:00 pm
Volkswagen AG is recalling some 410,000 Passat sedans sold in the United States due to potential problems with heat shields and fuel line components, the German automaker said on Friday. Source: Zee News : Business | 5 Apr 2008 | 12:00 pm
State-run oil retailers are likely to see revenue loss on fuel sales rise by 68% to a whopping Rs 130,000 crore during the current financial year as international crude oil prices continue over $100 a barrel mark. Source: Zee News : Business | 5 Apr 2008 | 12:00 pm
Ford Motor Co reported on Friday that Chief Executive Alan Mulally earned more than USD 22 million in 2007, citing progress in revamping both the strategy and structure of the struggling No. 2 US automaker. Source: Zee News : Business | 5 Apr 2008 | 12:00 pm
Microsoft Corp is evaluating its bid for Yahoo Inc because the Internet company may have lost value since Microsoft made its offer, people familiar with the matter said on Friday. Source: Zee News : Business | 5 Apr 2008 | 12:00 pm
Indian electronics major Videocon Group's chief Venugopal N. Dhoot has expressed confidence about acquiring Motorola Inc.'s handset business. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 11:32 am
Real estate, housing and urban development issues should be included in the college curriculum to make the infrastructure industry more professional, K.P. Singh, chairman of the DLF Group, said Saturday. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 11:31 am
Madhya Pradesh has received a central government grant of Rs.6 billion under a package of a committee set up for revival of cooperative credit societies. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 11:31 am
The state-run Heavy Engineering Corporation (HEC) has set a record by posting profits for the second consecutive year. It registered net profits of Rs.34.6 million during 2007-2008, the company said Saturday. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 11:31 am
More than one lakh consumers sent their recipes to Pepsi in the hope of having their pictures printed on a pack of Kurkure. Enthused by the response, Pepsi is using a similar strategy to fizz up its cola sales. Pepsi will now give you the chance of putting your gang of friends on a can of Pepsi Cola. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 11:24 am
Creative capitalism is an approach for governments, businesses and nonprofits to work together to stretch the reach of market forces, so that more people can make a profit or gain recognition doing work that eases the world\'s inequities. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 10:50 am
The Dubaibased Emirates Airline, which recently announced an increase in the number of its flights from 99 to 108 per week at nine destinations in India, is adding Kozhikode on its map in July and focusing on more business class facilities. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 9:37 am
North East, Assam and Jammu Kashmir will get another mobile operator with the Government allocating CDMA spectrum to Tata Teleservices in these three circles. On Thursday, Sistema had also received radio frequency for the same areas. Source: Moneycontrol Top Headlines | 5 Apr 2008 | 9:34 am
The National Dairy Development Board (NDDB) has agreed to manage the West Assam Milk Producers' Cooperative Union Ltd (WAMUL) for a period of five years on the request of the Assam government. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 9:01 am
Despite its high glamour quotient, the Lakme Fashion Week (LFW) failed to grab big orders with international buyers disappointed with the showcase of mainly spring-summer lines at an event meant to display autumn-winter wear. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 8:02 am
Education of underprivileged children has a new sponsor in India. Ireland-based AOL Broadband is contributing in a big way to promote literacy in rural areas to develop the country's knowledge pool. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 8:00 am
Indian equity markets continued its southward trend this week on concerns over inflation and the losses that corporate India could incur if it is forced to adopt some new rules on showing foreign exchange reserves. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 7:30 am
Business travellers and other tourists from abroad will soon have a ready reckoner on the entertainment hotspots in Indian metros. Time Out, a leading lifestyle guide, will soon be available in radio taxis and luxury cabs. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 5:32 am
A Canadian company and the Asian Development Bank (ADB) will help to clean up drains that empty into the Ganges in the Bihar capital. Source: IndiaeNews.com: Business News | 5 Apr 2008 | 5:30 am
MEXICO CITY (Reuters) - Homex, Mexico's top homebuilder, sees a massive housing shortage fueling several years of solid growth, as it also looks at eventual expansion into Brazil, India and China, a senior executive said.
ROUND ROCK, Texas (Reuters) - Dell Inc's retail computer business will become profitable when the company cuts manufacturing costs to align them with those of competitors, a senior executive told Reuters on Friday.
SAN FRANCISCO (Reuters) - Microsoft Corp is evaluating its bid for Yahoo Inc because the Internet company may have lost value since Microsoft made its offer, people familiar with the matter said on Friday.
DETROIT (Reuters) - Volkswagen AG is recalling some 410,000 Passat sedans sold in the United States due to potential problems with heat shields and fuel line components, the German automaker said on Friday.
Mumbai, April 4 The Indian industry needs to grow, but inflation is a challenge and there is a need to maintain a balance between the two, said Mr K.V. Kamath, Managing Director and Chief Executive Officer, ICICI Bank. The high commodity ... Source: Business Line - Home Page | 5 Apr 2008 | 12:00 am
New Delhi, April 4 Faced with the imminent possibility of another round of price hike in the automobile sector, an outcome of runaway steel prices, India’s top automobile manufacturers today met the alloy steel producers to hammer out a ... Source: Business Line - Home Page | 5 Apr 2008 | 12:00 am
Mumbai, April 4 The decision of carmakers Maruti Suzuki and Hyundai to make India their export hub has been vindicated by the fact that the rate of export growth outpaced that of domestic sales. For the home-grown auto major Tata ... Source: Business Line - Home Page | 5 Apr 2008 | 12:00 am
Mumbai, April 4 Hindustan Unilever Ltd will be sourcing farm products for its leading foods brand Kissan from farmers across rural India, as part of its social initiatives to mark the completion of 75 years of its corporate existence in ... Source: Business Line - Home Page | 5 Apr 2008 | 12:00 am
Small-and medium-sized companies (SMCs) may soon have a `SARAL' format for disclosing their financial statements. For ensuring better compliance by all categories of companies with disclosure norms prescribed under the company law, the Ministry ... Source: Business Line - Home Page | 5 Apr 2008 | 12:00 am
NEW YORK (Reuters) - As the earnings-reporting season for the first quarter kicks off next week, stock investors will be keenly assessing to what extent the slowing economy is taking a toll on Corporate America.
WASHINGTON (Reuters) - U.S. employers cut payrolls in March for a third straight month and the jobless rate jumped to a 2-1/2-year high, further evidence that a housing downturn and credit crisis may have pushed the economy into recession.
DETROIT (Reuters) - Ford Motor Co reported on Friday that Chief Executive Alan Mulally earned more than $22 million in 2007, citing progress in revamping both the strategy and structure of the struggling No. 2 U.S. automaker.
NEW YORK (Reuters) - U.S. stocks were little changed on Friday as nagging fears about more bank losses and the biggest monthly decline in the job market in five years overshadowed earlier optimism that the credit crisis may be easing.
Scott Goodson, founder and CEO of StrawberryFrog, is an expert in using a unique mix of ideas, research and technology to concoct path-breaking advertising. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 10:14 pm
It was a moment of truth for the ad fraternity at the Goafest on Friday. And the voice of enlightenment was none other than the software industry's emissary - Nasscom. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 10:13 pm
Why advertisers are jumping into TV extravaganzas like IPL is a nut non-television based media owners are finding tough to crack. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 10:12 pm
The fate of over one lakh cooperative credit societies, which form the backbone of the country's rural credit system, is likely to be finalised shortly. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 10:07 pm
Niranjan Hiranandani, managing director, Hiranandani Constructions, spoke to DNA Money's Pooja Sarkar about the challenges and opportunities in the real-estate sector. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 9:58 pm
Just as in retail, the hospitality business is also witnessing tremendous growth in the branded segment. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 9:56 pm
Bhel, which is aggressively pursuing its capacity expansion programme in boiler manufacturing to meet the XIth Five-Year Plan target. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 9:54 pm
Hindustan Unilever will soon begin sourcing agricultural raw material directly from the farmers for its Kissan food brand. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 9:53 pm
In this paper, Akerlof has analysed the problem people face in selling second-hand cars, or what he calls used cars. Surely then, I'm not the only one facing this problem. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 9:51 pm
The bears seem to be gathering momentum for quite sometime as every breakout in the positive direction by the bulls faces stiff opposition. Source: Daily News & Analysis: Money News | 4 Apr 2008 | 9:49 pm
For years, armoured cars were bought only by the government to provide security for top officials or politicians. ?? Source: Business Standard | Front Page Headlines | 4 Apr 2008 | 7:00 pm
In an indication that the investment climate in India remains strong, foreign direct investment (FDI) equity inflows in February stood at $5.67 billion, the highest-ever during any month since 1991. Source: Business Standard | Front Page Headlines | 4 Apr 2008 | 6:59 pm
