Rahul Bajaj of Bajaj Auto, said industry, services, manufacturing, govt and civil society will have to work together and set up the best infrastructure, better roads, railways, seaports, and airports, and surplus power. He feels Ind manufacturing has come of age. It will keep improving and impacting and putting its presence all over the world. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 4:14 pm
The muchhyped Fab city in Hyderabad got the boot as the semiconductor hub of India, but now it\'s been reenergised attracting almost USD 4 billion in investments. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 2:11 pm
Solrex has acquired 3.32% stake in Orchid Chemicals on Friday, reports CNBCTV18. The company shareholding in the Indian Pharmaceuticals major has reached 14.72%, which is close to 15% open offer trigger. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 1:40 pm
FMCG companies have found a way to make consumers pay more for their products without actually increasing prices. Most companies have gone ahead and reduced packet sizes of their popular products. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 1:25 pm
Bangalorebased agency Origami decided to give their new workspace a twist that makes both employees and clients smile. All meals are eaten under the mango tree and the creative team get to choose between a snakes and ladders room, a music room, the bar room and the Zen room depending on the mood for the day. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 1:10 pm
Toyota is going full throttle in India. Just three months after Toyota Motors\' top boss said India would be one of the debut markets for its small car, the company has announced a second plant in Bangalore Source: Moneycontrol Top Headlines | 12 Apr 2008 | 12:45 pm
There is hardly anything to
derail the economic progress of India, as the underlying
fundamentals of growth will not come off even if managing
bumps along the way turns out to be challenging, a senior
official of the International Monetary Fund said. Source: Zee News : Business | 12 Apr 2008 | 12:42 pm
India has urged Pakistan to expand its list of items that can be freely traded under the South Asian Free Trade Agreement (Safta), Commerce and Industry Minister Kamal Nath said. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 12:33 pm
The Indian Steel Alliance (ISA) and Associated Chambers of Commerce and Industry of India (Assocham) have criticised the central government for blaming the steel industry for the high rate of inflation. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 12:31 pm
Korean carmaker Hyundai Motor's Indian subsidiary has reduced its export target from 265,000 units to 212,000 units in 2008 due to appreciation of the rupee, said a company official. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 12:31 pm
A cross section Tamil Nadu populace wants the state to offer a responsive and transparent governance that can increase the gross state domestic product (GSDP) to Rs.11.6 trillion ($29 billion) by 2025 from the present Rs.2.5 trillion, said a document prepared by industry bodies. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 12:30 pm
Bored of your own vehicle, you do not need to replace it to get that extra zinc. Kishor Musale has built Rs 200 crore empire by dressing up cars and bikes. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 12:22 pm
JK Tyre has acquired Mexican tyre company, Tornel for Rs 270 crore to become India\'s fourth largest fourwheeler tyre company. JK Tyres\' turnover will now exceed USD 1 billion. The company will fund the acquisition through a mix of internal accruals and debt. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 12:18 pm
The Madras High Court has passed an injunction preventing Axis Bank from taking any steps for recovery from Rajhshree Sugars. The order comes after the High Court heard the appeals of both parties. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 11:35 am
BARCELONA (Reuters) - Bharti Enterprises is planning a "three-pronged" launch on India's retail scene together with world leader Wal-Mart Stores Inc but a short supply of real estate is proving a challenge, managing director Rajan Bharti Mittal said in an interview.
NEW DELHI (Reuters) - India has banned export of cement from Friday and was considering a similar move for steel, the trade minister confirmed on Saturday, as the government aims to calm inflation that leaped to a three year high level.
The Cabinet Committee on Prices (CCP) is expected to meet Tuesday to discuss measures to further curb rising prices of essential items, including steel, Commerce and Industry Minister Kamal Nath said here Saturday. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 10:01 am
WASHINGTON (Reuters) - Finance chiefs from rich nations offered a gloomier assessment of the global economy on Friday and vowed to act swiftly on wide-ranging reforms aimed at moving beyond a credit crisis that threatens world growth.
Siemens Information Systems Ltd (SISL), part of the diversified Siemens Group, is upbeat on airport automation projects in India and overseas. Source: Moneycontrol Top Headlines | 12 Apr 2008 | 8:47 am
The seven-year-old agonising wait of depositors of the liquidated City Cooperative Bank appears to be coming to an end with the official announcement that payments up to Rs.100,000 would be released to each. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 8:01 am
Technology exchange between Chinese Indian steel units will be in focus at the international technical meet of Sino-Indian Steel Plant Equipment Manufacturers and Suppliers (SIEMS) 2008 that starts here Wednesday. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 8:01 am
The Engineering Export Promotion Council of India (EEPC) will be organizing an India pavilion at an international pumps exhibition in Singapore in July in order to make inroads into the Association of Southeast Asian Nations (ASEAN) region. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 8:00 am
DHAKA (Reuters) - Bangladesh has approved to go ahead with a $3 billion investment by Saudi Arabia to set up an oil refinery with a capacity to produce 300,000 barrels of oil products a day, a senior official said on Saturday.
Global hospitality major Marriott International will build a luxury resort hotel near the Bengaluru international airport at Devanahalli, about 40 km from the centre of this city. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 5:30 am
The Indian equity market posted gains this week despite rise in inflation. The improved data on industrial output kept the market sentiment high and of the five trading session three ended in the green. Source: IndiaeNews.com: Business News | 12 Apr 2008 | 5:30 am
SEATTLE/NEW YORK (Reuters) - Microsoft Corp wants to stick with its original takeover offer for Yahoo Inc, but is not ruling out News Corp joining its bid or other options, a source close to the company said on Friday.
WASHINGTON (Reuters) - Developing countries on Friday called for "decisive" policy actions by rich industrial nations to ensure financial turmoil originating in the United States did not spread and cause their economies to falter.
Banks that had cut their prime lending rates early this year on cues from the government are reviewing the decision due to a sharp rise in inflation.?? Source: Business Standard | Front Page Headlines | 12 Apr 2008 | 12:29 am
Commerce and Industry Minister Kamal Nath today said popular export benefit schemes would be extended by a year, relief on export obligation would be given to exporters groaning under the rising rupee Source: Business Standard | Front Page Headlines | 12 Apr 2008 | 12:29 am
BOSTON (Reuters) - General Electric Co posted an unexpected 6 percent drop in first-quarter profit on Friday, the biggest shock yet to an American industrial bellwether from the credit crisis and the latest sign the U.S. economy may be in a recession.
Mumbai, April 11 The major cement stocks were amongst the top losers on the BSE as the Government banned cement exports as an anti-inflationary measure on Friday.Ambuja Cements fell 3.61 per cent to Rs 117.60, Ultratech Cement ended ... Source: Business Line - Home Page | 12 Apr 2008 | 12:00 am
Mumbai, April 11 Despite the silence from Orchid Chemicals and Pharmaceuticals on the interest shown in it by Ranbaxy Laboratories, the buzz remained around the Chennai-based drug company. Orchid scrip closed on Friday, up over eight ... Source: Business Line - Home Page | 12 Apr 2008 | 12:00 am
Khanna (Punjab), April 11 Even as arrivals of wheat have been delayed in the primary growing States of Punjab, trade and officials are having their fingers crossed on what actually could be the grain’s production in the ... Source: Business Line - Home Page | 12 Apr 2008 | 12:00 am
New Delhi, April 11 Favouring the nation-wide implementation of mobile number portability by June 2009, telecom regulator TRAI on Friday recommended that the Mobile Number Portability Clearing House Administrator (MCHA) should be licensed ... Source: Business Line - Home Page | 12 Apr 2008 | 12:00 am
NEW YORK (Reuters) - The rocky ride for the U.S. stock market may intensify if earnings reports from JPMorgan Chase, Merrill Lynch, Citigroup and other large banks and financial services companies rattle investors already concerned about a U.S.-led economic slowdown.
After years of dithering, Toyota has finally decided to enter the Indian small-car market. Source: Daily News & Analysis: Money News | 11 Apr 2008 | 10:21 pm
Lanco Infratech Ltd (LITL) has pipped Reliance Power, NTPC and Jindal Steel & Power to win two super critical power projects in Uttar Pradesh Source: Daily News & Analysis: Money News | 11 Apr 2008 | 10:10 pm
After announcing the final annual supplement to the foreign trade policy (2004-09), Union minister of commerce and industry Kamal Nath spoke to the media Source: Daily News & Analysis: Money News | 11 Apr 2008 | 10:04 pm
The fact is that random events can frequently seem quite ordered," says John Allen Paulos, a professor of Mathematics at Temple University in Philadelphia. Source: Daily News & Analysis: Money News | 11 Apr 2008 | 9:54 pm
By June 2009 your mobile number will become yours to keep, as long as you are paying your bills. You can change your operator, but your number will remain the same. Source: Daily News & Analysis: Money News | 11 Apr 2008 | 9:51 pm
When the markets were going up, it was fairly easy for mutual fund distributors to sell mutual funds. Source: Daily News & Analysis: Money News | 11 Apr 2008 | 9:41 pm
Shoppers' Stop Ltd intends to double the number of stores to 50 by the end of 2010 with an investment of $350 million. Source: Daily News & Analysis: Money News | 11 Apr 2008 | 9:39 pm
The government is planning to enhance manufacturing and exports of information technology hardware by extending promotional schemes. Source: Daily News & Analysis: Money News | 11 Apr 2008 | 9:37 pm
However, Gupta is quick to point out that, while there's talk of export growth in value terms, volume growth will be tougher to achieve, given recessionary global market conditions. Source: Daily News & Analysis: Money News | 11 Apr 2008 | 9:35 pm
As the captain of the Goafest ship,Jagdip Bakshi, CEO of Contract Advertising, has successfully navigated and made it the second-largest ad gig in the world after Cannes. Source: Daily News & Analysis: Money News | 11 Apr 2008 | 9:33 pm
The "creamy layer" issue continues to fox ministers as well even as the premier B-schools delayed their admission process till the human resource development (HRD) ministry clarifies its stand. ?? Source: Business Standard | Front Page Headlines | 11 Apr 2008 | 6:30 pm
The Madras High Court today passed an interim order restraining Axis Bank from enforcing the forex derivatives contract sold to its client Rajshree Sugars and Chemicals. An injunction was passed today Source: Business Standard | Front Page Headlines | 11 Apr 2008 | 6:30 pm
WASHINGTON (Reuters) - Reducing rising inflation in some countries in Asia should be a bigger priority for governments than slowing economic growth, the head of the International Monetary Fund's Asia department said on Friday.
