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 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
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
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.
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.
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.
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.
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 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 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
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.
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
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
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.
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.
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.
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
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.
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
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
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
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
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.
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
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
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
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
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
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
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
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 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
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
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
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
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
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