Jindal says feel that as an industrialist, one can contribute to the development of the country in a huge way. \"But in politics, one can impact in a much larger way in the policy framework of the government, policies of the government,\" he says. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 2:14 pm
The 112 year old Godrej brand has finally unveiled its revamped logo with new colours, featuring red, blue and green. Aiding the rebranding exercise were U.S based interbrand, Indian agency JWT. Godrej says the rebranding exercise was undertaken as it felt the old brand was not as relevant to young India. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 1:00 pm
It seems anything to do with the U.S is cursed nowadays. India\'s largest and first private carrier to fly to the U.S, Jet Airways, sees passenger travel slowing down due to recession fears there. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 12:38 pm
Private air-carrier, Jet Airways,
has entered into a partnership with Global Hotel Alliance for
its Jetprivilege Frequent Flyers Programme. Source: Zee News : Business | 19 Apr 2008 | 12:35 pm
An earnings windfall for Google Inc should benefit rival Yahoo Inc in buyout talks with Microsoft Corp, as investors view the results as proof of a robust online advertising market. Source: Zee News : Business | 19 Apr 2008 | 12:35 pm
Oil prices hit a record high USD 117 a barrel Friday as jitters over Nigerian oil supplies outweighed a rally in the dollar and fears of an economic slowdown in giant energy consumer China. Source: Zee News : Business | 19 Apr 2008 | 12:35 pm
The head of the International Monetary Fund has warned that soaring world food prices can have dire consequences, such as toppling governments and even triggering wars. Dominique Strauss-Kahn said that the price hikes that set off rioting in Haiti, Egypt and elsewhere were an "extremely serious" problem. "The planet must tackle it," he said. "When the tension goes above and beyond putting democracy into question, there are risks of war," he added. Source: Zee News : Business | 19 Apr 2008 | 12:35 pm
India`s foreign exchange reserves
rose by USD 482 million to USD 312.367 billion for the week
ended April 11 from USD 311.885 billion in the previous week.
Mumbai, April 19: India`s foreign exchange reserves
rose by USD 482 million to USD 312.367 billion for the week
ended April 11 from USD 311.885 billion in the previous week. Source: Zee News : Business | 19 Apr 2008 | 12:35 pm
CNBCTV18\'s panel discussion revealed that there is hope, belief and conviction among auto industry leaders that they will get back into gear. Where the manufacturing prices are going to go, there\'s see a big question mark at this point in time. But leaders are clear that this is the time for innovation and to go out and get more consumers. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 12:13 pm
DHAKA (Reuters) - Bangladesh has launched an import tender for 50,000 tonnes of rice to boost its emergency food stocks, officials said on Saturday, after traders ignored an earlier tender because of high global rice prices.
UK retailer Marks and Spencer Group and Reliance Retail, part of the $27.13billion Reliance Industries Group, have announced a joint venture in India. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 9:56 am
The Telecom Regulatory Authority of India has said that it was mandatory for broadcasters to publish their Reference Interconnect Offers (RIO) specifying the technical and commercial terms and conditions of their agreements with DirecttoHome (DTH) operators. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 9:54 am
Tech Mahindra, a software services provider focused on the telecom domain, plans to expand business into Middle East, Africa and the AsiaPacific region and is eyeing contracts in the application development and maintenance and BPO space. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 9:51 am
Inflation, which recently touched a threeyear high, has eaten into the profit margins of domestic biscuit makers in the just ended fiscal, with the industry fearing that its margins will be under pressure in the current fiscal too due to the persistent volatility in the economy. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 9:48 am
After making an international foray in the aviation sector in March by bagging the Sabiha Gokcen Airport project in Istanbul, Turkey, the Bangalorebased GMR Group has struck a deal with the South African coal mine company Homeland Mining and Energy SA (Pty). Source: Moneycontrol Top Headlines | 19 Apr 2008 | 9:45 am
Mumbaibased Greaves Cotton Ltd intends to set up a greenfield production centre at Gummidipoondi, 50 km north of Chennai, where it will manufacture petrol/kerosene engines. GCL has another unit to produce such engines at at Thoraipakkam, some 20 km south of Chennai. Over time, this unit will also be shifted into the new unit at Gummidipoondi. Source: Moneycontrol Top Headlines | 19 Apr 2008 | 9:44 am
The BSE barometer ended the week at 16,481.20, a net gain of 673.56 points over its last weekend's close of 15,807.64. Source: Daily News & Analysis: Money News | 19 Apr 2008 | 9:41 am
Insurance giant Life Insurance Corporation of India has shelved a housing project here, leaving in the lurch over 50 people who had paid Rs.500,000 as booking amount and the first instalment for a flat. Source: IndiaeNews.com: Business News | 19 Apr 2008 | 9:31 am
Descon Ltd, an IT unit promoted by Dishergarh Power Supply Co Ltd (DPSCL), has joined hands with a Spanish consultancy firm to launch a web portal disseminating information on the Indian energy sector. Source: IndiaeNews.com: Business News | 19 Apr 2008 | 9:31 am
Aptech Global Learning Solutions will open its first animation training academy in Brazil in May, a company official said Saturday. Source: IndiaeNews.com: Business News | 19 Apr 2008 | 9:30 am
KUALA LUMPUR (Reuters) - Malaysia announced a $1.3 billion-plan on Saturday to boost food security by building stockpiles, raising rice output and reining in inflation.
Chhattisgarh has agreed to supply water to the country's largest open copper mine project in Madhya Pradesh. The Hindustan Copper Ltd (HCL) runs the mine. Source: IndiaeNews.com: Business News | 19 Apr 2008 | 8:00 am
NEW DELHI (Reuters) - India expects demand and inflation to moderate following a recent monetary tightening by the central bank and after fiscal steps taken by the government, the finance minister said on Friday.
DHAKA (Reuters) - Bangladesh has sought $1 billion in assistance for its central bank to buy oil and to pay off loans borrowed from other banks, a senior official said on Saturday.
Audiences here have been mesmerised by a dazzling preview of creative pieces of 18 budding Indian designers who are to compete at the World of Wearable Art (WOW) awards in New Zealand. Source: IndiaeNews.com: Business News | 19 Apr 2008 | 7:02 am
MUMBAI (Reuters) - Indian drug maker Dabur Pharma Ltd said on Saturday its founders and other shareholders have agreed to sell 73.27 percent in the company to Fresenius Kabi (Singapore) Pte Ltd, at 76.50 rupees a share.
The Indian equities market ended with a modest gain this week in a truncated trading session boosted by good results of IT major Infosys. The Sensex gained in all the three trading session of the week. Source: IndiaeNews.com: Business News | 19 Apr 2008 | 7:01 am
SEATTLE (Reuters) - Microsoft Corp Chief Executive Steve Ballmer may be experiencing a case of bidder's remorse after making an unsolicited $42.3 billion offer to buy Yahoo Inc.
MUMBAI (Reuters) - Indian telecoms software firm Sasken Communication Technologies Ltd said on Saturday its board had approved an equity share buyback at a maximum of 260 rupees ($6.54) a share.
NEW YORK (Reuters) - Oil prices hit a record high $117 a barrel Friday as jitters over Nigerian oil supplies outweighed a rally in the dollar and fears of an economic slowdown in giant energy consumer China.
A booster dose at the right time - that is how the footwear industry in Agra describes Uttar Pradesh Chief Minister Mayawati's move to waive off all taxes on shoes up to Rs.300. Source: IndiaeNews.com: Business News | 19 Apr 2008 | 5:01 am
Gold prices may be skyrocketing, but it is no way deterring Indian consumers from buying the Midas metal in its most conservative form. Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:57 pm
The steel ministry has been gunning for measures like export tax on steel, ad valorem rates of tax on iron ore exports and cuts in excise duty on finished steel. Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:55 pm
It has been more than two months since the exit of Vir Sanghvi as CEO of News X, INX Media's proposed news channel. Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:53 pm
Percept Holdings, the strategic holding company that promotes, owns and manages a spectrum of marketing communication companies, has been renamed Percept Limited Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:52 pm
The Rs 9,500 crore Godrej group on Friday unveiled a new vision: tripling the revenues of its fast moving consumer goods portfolio by 2012. Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:51 pm
Network18 creative director Zubin Driver heads a division called The Cell, an end-to-end production unit that is responsible for creating the look and feel of the CNBC Universe. Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:49 pm
Investors who churn their mutual fund investment excessively do not realise the fact that every time they enter or exit a fund, they end up paying an entry or an exit load. Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:41 pm
Everybody feels the need to save enough to ensure an early and fulfilling retirement. Unfortunately, most of us wake up to this need quite late in life. Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:40 pm
The Ministry of Petroleum and Natural Gas has extended the deadline to submit bids for exploration blocks under the New Exploration Licensing Policy Source: Daily News & Analysis: Money News | 18 Apr 2008 | 9:39 pm
BRASILIA (Reuters) - Governments cannot rely on market forces to counter soaring world food prices and will need political will to boost agricultural production, the U.N. Food and Agriculture Organization chief said on Friday.
The battle lines have been drawn. At stake is the future of one of India's most prestigious defence products: the Arjun Main Battle Tank (MBT). ?? Source: Business Standard | Front Page Headlines | 18 Apr 2008 | 7:08 pm
Standard Chartered is poised for an expansion unprecedented in scale and one that will transform the bank by giving it a sizeable presence in the rural areas, including a consumer finance brand. ?? Source: Business Standard | Front Page Headlines | 18 Apr 2008 | 7:06 pm
Corporate India has just seen the end of yet another sibling rivalry. Mirc Electronics Chairman Gulu Mirchandani is buying out his dissenting brother Sonu Mirchandani from Guvisco, the holding firm.?? Source: Business Standard | Front Page Headlines | 18 Apr 2008 | 7:05 pm
If you are planning a holiday this summer to the US, Australia, Germany or Hong Kong, international carriers will make sure you do it without burning a hole in your pocket. ?? Source: Business Standard | Front Page Headlines | 18 Apr 2008 | 7:05 pm
Mukesh Ambani-led Reliance Retail Ltd (RRL) will set up a joint venture firm with British food retailer Marks and Spencer (M and amp;S) with an initial investment of 29 million pounds (Rs.2.3 billion). Source: IndiaeNews.com: Business News | 18 Apr 2008 | 5:30 pm
Widespread traffic bottlenecks caused by the Olympic torch relay here led to financial losses to airlines, railways and BPO centres, according to estimates by an industry body Friday. Source: IndiaeNews.com: Business News | 18 Apr 2008 | 5:01 pm
Greaves Cotton Ltd (GCL) announced Friday that it would start making diesel engines for four-wheeler goods carriers to cash in on the growing potential of this segment. Source: IndiaeNews.com: Business News | 18 Apr 2008 | 4:33 pm
