Corporate India woos women to strengthen workforce!

With increasing number of women climbing the competitive corporate ladder, companies seem to be leaving no stone unturned to lure them and are even offering existing employees an additional bonus as much as 25 per cent for referring a female employee.
Source: Zee News : Business | 7 Apr 2008 | 12:56 pm

Three NRIs among top drawing 200 CEOs in US!

Three Indian Americans are among the 200 CEOs of large public companies who received an average of over USD11 million compensation in 2007. Besides Indra Nooyi and Vikram Pandit, Rajiv L Gupta of Rohm and Haas is one of them.
Source: Zee News : Business | 7 Apr 2008 | 12:56 pm

Sensex up 123 pts in early trade!

The Bombay Stock Exchange benchmark Sensex surged over 123 points on emergence of buying by funds at existing lower levels.
Source: Zee News : Business | 7 Apr 2008 | 12:56 pm

Microsoft-Yahoo tussle likely to spur Alibaba buyback

SHANGHAI/NEW YORK (Reuters) - Chinese Internet firm Alibaba is set to speed up plans to buy back a near 40 percent stake owned by Yahoo Inc, as Microsoft Corp threatens to go hostile with a lower bid for Yahoo.

Source: Reuters: Money News | 7 Apr 2008 | 11:45 am

India wants stable coal prices - minister

NEW DELHI (Reuters) - The government, battling to rein in rising prices of essential commodities, wants to see stable prices of coal, a minister said on Monday.

Source: Reuters: Money News | 7 Apr 2008 | 11:43 am

Africa trade can touch $50 bln by 2012-survey - Reuters India


All India Radio

Africa trade can touch $50 bln by 2012-survey
Reuters India - 31 minutes ago
NEW DELHI (Reuters) - India's two-way trade with African nations could double to $50 billion by 2012 if the government signs more trade pacts and offers incentives to exporters, a survey by an industry body said on Monday.
Prioritise completing unfinished agenda in FTP: FICCI Economic Times
'FTP should make Indian exports competitive' Sify
GreaterKashmir.com (press release)
all 17 news articles

Source: Google News India - Business | 7 Apr 2008 | 11:42 am

Price situation to worsen if cbank raises rates-survey

NEW DELHI (Reuters) - The price and supply situation in India may worsen if the central bank raises interest rates to control inflation, according to a survey of chief executives.

Source: Reuters: Money News | 7 Apr 2008 | 11:32 am

Africa trade can touch $50 bln by 2012-survey

NEW DELHI (Reuters) - India's two-way trade with African nations could double to $50 billion by 2012 if the government signs more trade pacts and offers incentives to exporters, a survey by an industry body said on Monday.

Source: Reuters: Money News | 7 Apr 2008 | 11:31 am

Indian equities market ends in green with Asian peers

The Indian equities market ended the day in the green Monday on strong Asian cues. As banking, metal and capital goods stocks led the rally, a key index gained more than 2.50 percent.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 11:30 am

NIIT, CII join hands to help build Africa's IT capacity

NIIT and the Confederation of Indian Industry (CII) will join hands to 'help develop ICT (information and communication technology) capacity in the African continent', the Mumbai-based technology training and software solutions company has announced on the eve of the India-Africa Forum Summit.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 11:30 am

India to consider more cement imports from Pakistan

India will look at importing more cement from Pakistan to check spiralling domestic prices, as the neighbouring country has surplus production this year, a top official in the industry ministry has said.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 11:30 am

Sita Shree Food fair value at Rs 16-20: Tulsian - Moneycontrol.com


Moneycontrol.com

Sita Shree Food fair value at Rs 16-20: Tulsian
Moneycontrol.com - 48 minutes ago
SP Tulsian of sptulsian.com believes that the fair value of Sita Shree Food Products is not more than Rs 20, it could be anywhere between Rs 16-20.
Sita Shree settles higher by 47.33% on day one Myiris.com
UPDATE 1-Sita Shree Food sees FY09 net at 20-25 mln rupees Reuters India
Economic Times - Business Standard - Livemint - TopNews
all 15 news articles

Source: Google News India - Business | 7 Apr 2008 | 11:26 am

Yahoo 'not opposed' to Microsoft - BBC News


Xinhua

Yahoo 'not opposed' to Microsoft
BBC News - 49 minutes ago
Internet search engine Yahoo says it is not opposed to Microsoft's takeover bid but wants a better price. The letter from Yahoo's board was in response to a three-week deadline issued by Microsoft CEO Steve Ballmer for Yahoo to agree to the deal.
UPDATE:Yahoo Responds To Microsoft Letter;Still Open To Deal CNNMoney.com
Yahoo Reiterates It's Worth More Than Microsoft Bid (Update1) Bloomberg
New York Times - The Associated Press - Hindustan Times - Reuters
all 1,512 news articles

Source: Google News India - Business | 7 Apr 2008 | 11:25 am

Sensex surges 2.7 pct on earnings hopes

BANGALORE (Reuters) - Indian shares rose 2.7 percent on Monday, powered by gains in Reliance Industries Ltd and ICICI Bank Ltd and helped by expectations corporates will report solid earnings later this month.

Source: Reuters: Money News | 7 Apr 2008 | 11:12 am

Inflation will be tamed soon: new minister

The spiralling prices in India will be tamed soon and the central government will work closely with the states to control inflation, newly-inducted Minister of State for Planning V. Narayanasamy said Monday.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 11:01 am

Indian equities market ends in green

The Indian equities market ended the day in the green with a key index going up by more than 400 points in the first trading day of the week.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 11:00 am

Mkt ends higher: Bank, FMCG, metal stocks gain - Moneycontrol.com


TopNews

Mkt ends higher: Bank, FMCG, metal stocks gain
Moneycontrol.com - 1 hour ago
The markets ended higher with strong buying seen in frontline stocks. Technology, telecom, FMCG, banking, oil, realty and pharma stocks were among the top gainers.
Sensex pares some gains; Wipro, SBI rule firm @ 14:51 hrs Sify
Wrap up: Market ends on a buoyant note Myiris.com
India Infoline.com - Economic Times - Times of India - Financial Express
all 45 news articles

Source: Google News India - Business | 7 Apr 2008 | 10:52 am

India-Africa trade can touch $50 bln by 2012 - survey

NEW DELHI (Reuters) - India's two-way trade with African nations could double to $50 billion by 2012 if the government signs more trade pacts and offers incentives to exporters, a survey by an industry body said on Monday.

Source: Reuters: Money News | 7 Apr 2008 | 10:39 am

India gold demand slackens as prices stay firm

MUMBAI (Reuters) - India's gold demand was low on Monday as prices firmed up slightly, but buyers hoped the metal would break out of its range to give them some good dips to buy ahead, dealers said.

Source: Reuters: Money News | 7 Apr 2008 | 10:35 am

ADAG embarks on global expansion for Reliance Money - Sify


ADAG embarks on global expansion for Reliance Money
Sify - 1 hour ago
New Delhi: Seeking to complement its domestic target of doubling its presence to 20000 outlets this year, Anil Ambani group's Reliance Money has drawn out an aggressive expansion plan for the overseas market to set shop in about half a dozen locations ...
Reliance Money plans global expansion Business Standard
Reliance Money chalks out ambitious global plan Commodity Online
NDTV.com
all 13 news articles

Source: Google News India - Business | 7 Apr 2008 | 10:31 am

Duty cuts to help ease inflation - official

NEW DELHI (Reuters) - Recent cuts to import duties on a range of foods would have a positive effect on inflation soon, and the government is closely monitoring steel and cement prices, the secretary at the industry ministry said on Monday.

Source: Reuters: Money News | 7 Apr 2008 | 10:02 am

Import duty cuts will check inflation: official

Import duty cuts on a slew of food products would bring down the soaring inflation significantly, a senior commerce and industry ministry official said Monday.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 10:01 am

Oil climbs more, OPEC sees no shortage

LONDON (Reuters) - Oil rose towards $107 on Monday, continuing last week's late rally after OPEC's secretary-general reiterated the group saw little need to pump more oil.

Source: Reuters: Money News | 7 Apr 2008 | 9:50 am

Ashok Leyland FY08 sales down marginally - Business Standard


Automotive World (subscription)

Ashok Leyland FY08 sales down marginally
Business Standard - 2 hours ago
Hinduja Group flagship Ashok Leyland finished the year ended March 31, 2008 with sales of 83309 vehicles when compared with 83094 units sold in 2007, according to an official statement released today.
Ashok Leyland reports 27% growth in March sales Myiris.com
Ashok Leyland March vehicle sales up 27 pct Reuters India
Forbes - Automotive World (subscription)
all 9 news articles

Source: Google News India - Business | 7 Apr 2008 | 9:45 am

Indian server market crosses $700 mn: IDC - Economic Times


Indian server market crosses $700 mn: IDC
Economic Times - 2 hours ago
7 Apr, 2008, 1459 hrs IST, PTI NEW DELHI: With the retail and construction sector expanding their IT infrastructure in the country, the overall revenue of the servers, a data storage device, touched $727 million (about Rs 2903 crore) in 2007 recording ...
India server market factory revenue touches $727 m Hindu Business Line
India Server mkt crosses US$ 700mn factory revenue in 2007 Moneycontrol.com (press release)
all 9 news articles

Source: Google News India - Business | 7 Apr 2008 | 9:38 am

Petron Engineering bags contract from BORL - Hindu


Petron Engineering bags contract from BORL
Hindu - 2 hours ago
Mumbai (PTI): Petron Engineering Construction on Monday said it has bagged a Rs 84.27 crore contract from Bharat Oman Refineries (BORL) for mechanical work at Bina Refinery in Madhya Pradesh.
Petron Engineering receives LoI from Bharat Oman Refineries Economic Times
Petron Engineering Construction receives order from Bharat Oman ... Equity Bulls
all 5 news articles

Source: Google News India - Business | 7 Apr 2008 | 9:33 am

Conde Nast's GQ to launch later this year in India - Reuters India


Conde Nast's GQ to launch later this year in India
Reuters India - 2 hours ago
MUMBAI (Reuters) - Men's luxury magazine, GQ, will launch later this year in India, Conde Nast International said in a statement on Monday.
Men`s magazine GQ to be launched in India later this year Myiris.com
`GQ` to join style slugfest Business Standard
Marketing Week - Media Guardian - Brand Republic (subscription)
all 7 news articles

Source: Google News India - Business | 7 Apr 2008 | 9:18 am

Pyramid Saimira to invest in films production business - Hindu


Pyramid Saimira to invest in films production business
Hindu - 3 hours ago
Mumbai (PTI): Entertainment firm Pyramid Saimira, which aims to produce 52 films this year, on Monday said it will invest about Rs 40 crore for the production of 10 films.
UPDATE 1-Pyramid Saimira to produce 52 films in FY09 Reuters India
Pyramid to invest Rs 35-40cr for 10 reg films Business Standard
Business of Cinema - Myiris.com - Moneycontrol.com
all 14 news articles

Source: Google News India - Business | 7 Apr 2008 | 9:03 am

Relax takeover regime for banks: Rajan committee

India should be liberal in allowing takeovers of banks by both domestic and foreign entities and sell state-run financial institutions that are under-performing, says a high-level committee set up by the plan panel.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 9:00 am

ADAG embarks on global expansion for Reliance Money

Anil Ambani group's Reliance Money has drawn out an aggressive expansion plan for the overseas market to set shop in about half a dozen locations by the end the current fiscal.
Source: Daily News & Analysis: Money News | 7 Apr 2008 | 8:37 am

India to showcase booming aviation industry

Over 150 top aviation firms and airlines, including Air India, GVK, GMR, Kingfisher and Jet Airways, are set to take part in a three-day international exhibition on airport infrastructure, security and services beginning here Thursday.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 8:33 am

Sensex surges near 450 points by early afternoon

The Indian equities market surged in early afternoon trade Monday, taking the benchmark index of the Bombay Stock Exchange on a surge of nearly 450 points.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 8:30 am

Indians melt down gold jewellery as prices soar

MUMBAI (Reuters Life!) - The liquid gold bubbling in giant vats at a refinery near Mumbai attests to the sentiment on the streets of India, the world's largest consumer of gold, as people rush to melt down jewellery to cash in on high gold prices.

Source: Reuters: Money News | 7 Apr 2008 | 7:59 am

Markets look up, Sensex end higher by 414 pts

Sensex surged by 414 points on heavy buying support in fundamentally strong shares in a wide array of sectors such as metal, bank, oil and gas and IT sectors.
Source: Daily News & Analysis: Money News | 7 Apr 2008 | 7:27 am

Marry India's expertise with Africa's resources: Ghana president

If India's experience and expertise is married to Africa's vast natural resources, it will lead to accelerated development of the continent, says Ghana President John Kofi Agyekum Kufuor, here to attend the first India-Africa summit that begins Tuesday.
Source: IndiaeNews.com: Business News | 7 Apr 2008 | 7:00 am

Equifax arm, GUS seek nod for 49% in 2 credit info cos

New Delhi, April 6 Within a month of notification of new guidelines for foreign investment in credit information companies, the Government has received two proposals – by EFX Holdings Ltd and GUS Holdings BV - for 49 per cent foreign ...
Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

CIL awaits Centre’s word on joint venture with Arcelor-Mittal

Tie-up seeks to extract coal from abandoned reserves
Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

Commodities perform well in first quarter

Precious metals, agriculture come up with strong show
Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

For banks, there is big catch in smaller towns too

HIGH NET WORTH CLIENTS
Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

Better prospects could turn tea stocks hot

Global prices may maintain upward trend
Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

‘Inflation, biggest global challenge’


Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

Cos mulling forward sales of carbon credits

The uncertainty over prices of carbon credits is prompting more Indian companies to enter into forward contracts and hedging their risks as against selling them on the spot market. Some of these companies include Dalmia Group, Gujarat State ...
Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

M.S. Gill, Scindia among 7 inducted

Cabinet reshuffle sees 6 out
Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

In the name of prudence, ICAI prepones derivatives accounting

A primer on the accounting standard, mark to market principle
Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

Day Trading Guide


Source: Business Line - Home Page | 7 Apr 2008 | 12:00 am

'Companies should work like venture capital firms'

Business model innovation is the new Holy Grail, says global business strategist and best-selling author Rowan Gibson in an interview.
Source: Daily News & Analysis: Money News | 6 Apr 2008 | 10:20 pm

Bad news is, inflation is far more. Check this

Come Saturday, with clockwork regularity, the media report the latest inflation numbers based on the wholesale price index.
Source: Daily News & Analysis: Money News | 6 Apr 2008 | 9:47 pm

Now, police say 'no' to DoT

The defence ministry is not the only government wing guarding its spectrum turf; there are others, too.
Source: Daily News & Analysis: Money News | 6 Apr 2008 | 9:46 pm

OVL to take 40% in Petroleos for $450 million

Union petroleum minister Murli Deora will be in Venezuela on Monday to sign an agreement that will allow ONGC Videsh (OVL) to pick up a 40% stake
Source: Daily News & Analysis: Money News | 6 Apr 2008 | 9:44 pm

Minda going for a European acquisition

Minda Group, the country's largest maker of two- and three-wheeler automotive switches, is scouting Europe for a big-ticket acquisition.
Source: Daily News & Analysis: Money News | 6 Apr 2008 | 9:44 pm

L&T entering into giant forgings, its missing link

Larsen & Toubro, the country's biggest engineering conglomerate, is bridging a 'missing link' in its portfolio.
Source: Daily News & Analysis: Money News | 6 Apr 2008 | 9:43 pm

IIM Lucknow students' fund bests Nifty

Mutual funds and brokerages are well-advised to take lessons from a clump of students at the Indian Institute of Management, Lucknow on how to beat the Nifty in returns.
Source: Daily News & Analysis: Money News | 6 Apr 2008 | 9:42 pm

Rupee may be firm on easing pressures, high inflation

Soaring levels of inflation and ways of combating it continue to be the focus of the local market. The headline WPI inflation rose to a 3-year high to touch 7% last week.
Source: Daily News & Analysis: Money News | 6 Apr 2008 | 9:40 pm

M-Cril plans equity exchange for `social investments`

An equity exchange for social investments? The country may soon have such a platform for equity placements catering to social enterprises and microfinance institutions (MFIs) that will be open to
Source: Business Standard | Front Page Headlines | 6 Apr 2008 | 6:49 pm

Firms, auditors seek more clarity on ICAI move

One week after the accounting body the Institute of Chartered Accountants of India (ICAI) announced that firms need to disclose and provide for the losses on their derivative trades, companies and
Source: Business Standard | Front Page Headlines | 6 Apr 2008 | 6:48 pm

Govt should sell stakes in banks: Rajan panel

At a time when the government is unable to push through financial sector reforms or disinvestment, a Planning Commission-appointed panel has recommended that the government sell its stake in public
Source: Business Standard | Front Page Headlines | 6 Apr 2008 | 6:47 pm
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