CHENNAI (Reuters) - State-owned generator West Bengal Power is tendering for 50,000 tonnes a month of imported coal for delivery over one year, company officials said on Sunday.
DHAKA (Reuters) - The economy of Bangladesh should grow up to 6 percent in the current year as agriculture, exports and domestic revenue collection were showing positive signs, the International Monetary Fund (IMF) said on Sunday.
TEHRAN (Reuters) - Iranian President Mahmoud Ahmadinejad visits India and Pakistan this week for talks on issues including longstanding plans for a pipeline to supply Iranian gas to the two Asian states, an Iranian official said on Sunday.
DHAKA (Reuters) - Bangladesh may be harvesting a bumper rice crop, seen up 17 percent from last year and making up more than half its total demand, offering some relief to millions in the country who risk starvation at a time of record world prices.
The flight operations from the new airport in Bangalore are expected to be further delayed as contentious issues like user development fee are yet to be resolved Source: Daily News & Analysis: Money News | 27 Apr 2008 | 8:51 am
Microsoft Corp's deadline to Yahoo to accept its USD 40 billion-plus offer passed without a word, setting the stage for the next act in the corporate drama. Source: Daily News & Analysis: Money News | 27 Apr 2008 | 8:37 am
Tata, one of India's biggest group of companies on an acquisition spree has emerged as one of the largest global brands, according to a UK-based independent consultancy firm. Source: Daily News & Analysis: Money News | 27 Apr 2008 | 8:23 am
The flight operations from the new airport in Bangalore are expected to be further delayed as contentious issues like user development fee are yet to be resolved, an aviation official said. Source: IndiaeNews.com: Business News | 27 Apr 2008 | 8:01 am
The Ahmedabad Management Association (AMA) is set to become a trade partner of DEiK, Turkey's foreign economic relations board in India. Source: IndiaeNews.com: Business News | 27 Apr 2008 | 8:01 am
The Telecom Regulatory Authority of India (Trai) has opposed the proposals of the Information and Broadcasting (I&B) ministry on the permissible levels of FDI Source: Daily News & Analysis: Money News | 27 Apr 2008 | 7:48 am
India's pay television industry is projected to grow at 16 percent annually to log revenues of $11.3 billion by 2012 and emerge as a key driver of this business in Asia, says a new study. Source: IndiaeNews.com: Business News | 27 Apr 2008 | 6:00 am
US civil and defence aerospace major Boeing has decided to outsource two critical components of the F-18 Super Hornet combat aircraft to India and the order for one of them could go to the Tatas. Source: IndiaeNews.com: Business News | 27 Apr 2008 | 3:30 am
Amongst cars sold in the mid-size category (domestic sales) between April 2007 and March 2008, diesel variants outsold petrol car models roughly in the ratio of 7:3. Source: Business Standard | Front Page Headlines | 27 Apr 2008 | 12:10 am
Mumbai, April 26 Though they are excited about the new asset class thrown open to them by SEBI’s notification on Real Estate Mutual Funds, mutual fund houses are asking themselves whether they are adequately equipped to offer this ... Source: Business Line - Home Page | 27 Apr 2008 | 12:00 am
Reliance Industries' fourth quarter net profit grew 24 per cent on the back of higher refining margins, helped by higher exports. The company's quarterly net profit was Rs 3,912 crore, against Rs 3,156 crore in the year-ago quarter. The net ... Source: Business Line - Home Page | 27 Apr 2008 | 12:00 am
Kolkata, April 26 Essar Exploration and Production Ltd, a wholly-owned subsidiary of Essar Oil, has bid for two shallow-water offshore blocks in Australia. The bidding round ended on April 17 and the award is expected within a month. ... Source: Business Line - Home Page | 27 Apr 2008 | 12:00 am
New Delhi, April 26 GlaxoSmithKline Consumer Healthcare (GSKCH), the makers of Horlicks, has seen net profit grow almost 34 per cent to Rs 56.6 crore in the first quarter ended March 31, 2008. The company claimed sales had never been ... Source: Business Line - Home Page | 27 Apr 2008 | 12:00 am
New Delhi, April 26 In a breather to new telecom players, the Department of Telecom has said that there is no bar on acquisition of companies which have recently acquired licences. The three-year lock-in period, mentioned in the new ... Source: Business Line - Home Page | 27 Apr 2008 | 12:00 am
BL Research Bureau Strong subscriber additions in the mobile phone business have helped Bharti Airtel close the financial year 2007-08 with a solid set of numbers. Revenues have grown by 46 per cent to Rs 27,025 crore, while net profits have ... Source: Business Line - Home Page | 27 Apr 2008 | 12:00 am
Mumbai, April 26 Mr Ramalinga Ramaseshan will take over as CEO and Managing Director of NCDEX from Mr P.H. Ravikumar, whose five-year term ends on Monday.Apart from Mr Ramaseshan, Mr Rakesh Kapur was appointed on Saturday as Additional ... Source: Business Line - Home Page | 27 Apr 2008 | 12:00 am
NRI industrialist and chairman of Britain's Vedanta Resources Anil Agarwal Saturday said all projects of the group in Orissa were on schedule. Source: IndiaeNews.com: Business News | 26 Apr 2008 | 5:00 pm
The government's welfare schemes aimed at poor tribal people were not reaching them, Congress general secretary Rahul Gandhi said after visiting some tribal pockets of Chhattisgarh Saturday. Source: IndiaeNews.com: Business News | 26 Apr 2008 | 3:30 pm
The Telecom Regulatory Authority of India, or TRAI, is in favour of hiking foreign investment limit in FM radio channels to 49%, reports CNBCTV18, quoting Newswire18. The regulator also favours a hike in FII limits in news channels to 49% and a 74% foreign investment cap in DTH, and mobile television services. Source: Moneycontrol Top Headlines | 26 Apr 2008 | 3:17 pm
State-run Canara Bank posted a net profit of Rs.15.65 billion ($391 million) for 2007-08 against Rs.14.21 billion of the previous fiscal, registering a 10 percent year-on-year (YoY) growth. Source: IndiaeNews.com: Business News | 26 Apr 2008 | 3:00 pm
The bus rapid transit (BRT) system in south Delhi, which is aimed at decongesting traffic but led to chaos during testing this week, will not be scrapped, the state government decided Saturday after a review meeting. Source: IndiaeNews.com: Business News | 26 Apr 2008 | 3:00 pm
India's second largest bank ICICI Bank Ltd posted a net profit of $1 billion (Rs.40 billion) during 2007-08 as compared to $775 million of the previous fiscal. Source: Daily News & Analysis: Money News | 26 Apr 2008 | 2:48 pm
Indian steel tycoon Lakshmi Niwas Mittal has once again topped the Sunday Times Rich List - the definitive rundown of Britain's wealthiest people. Source: IndiaeNews.com: Business News | 26 Apr 2008 | 2:30 pm
India's second largest bank ICICI Bank Ltd posted a net profit of dollar 1 billion (Rs.40 billion) during 2007-08 as compared to dollar 775 million of the previous fiscal. Source: IndiaeNews.com: Business News | 26 Apr 2008 | 2:30 pm
Indian steel baron Lakshmi Mittal has been ranked as Britain's richest resident, for the fourth year in a row by a leading media house. Source: Daily News & Analysis: Money News | 26 Apr 2008 | 1:38 pm
The Logan has overaken the Sx4! MahindraRenault has sold 8,400 units during the fourth quarter while the Sx4 sales were only at about 6000 units during the same period. Honda City still is way ahead in the race. It clocked sales of 14,000 units. The CNG and LPG versions of Logan will be launched in two months. Source: Moneycontrol Top Headlines | 26 Apr 2008 | 12:28 pm
BSNL will launch a new service to lure postpaid subscribers, HM Abubacker, General Manager, Cellular Mobile Telecom Service, Tamil Nadu Telecom Circle, said on Saturday. Source: Zee News : Business | 26 Apr 2008 | 12:23 pm
Global IT major IBM will double its computing power by 2010 but keep its energy use the same as today, says the head of its global industry division. Source: Zee News : Business | 26 Apr 2008 | 12:23 pm
Asian Lite, a Manchester-based magazine edited by Indian-origin journalist Anasudhin Azeez, has been honoured by a media organisation as one of the eight best in the region. Source: Zee News : Business | 26 Apr 2008 | 12:23 pm
Wendt (India) Ltd, leading manufacturer of super abrasive grind wheels and tools firm, plans to expand its offices in Malaysia, Australia and Africa. Source: Zee News : Business | 26 Apr 2008 | 12:23 pm
General Motors Corporation said it will resume production on Monday at its assembly plant in Detroit for the first time in a month, after a strike at a key supplier forced it to shut down. Source: Zee News : Business | 26 Apr 2008 | 12:23 pm
High operating costs combined with a higher indirect tax burden have pulled down cement maker, Ambuja Cements` net profit by 42 percent to Rs 326 crore in Q1 FY08. Source: Zee News : Business | 26 Apr 2008 | 12:23 pm
Microsoft`s unwanted courtship of Yahoo hits a critical point Saturday as a deadline arrives for the Internet pioneer to accept the software giant`s USD 44.6 billion takeover offer. Source: Zee News : Business | 26 Apr 2008 | 12:23 pm
US stocks rose and ended the week in positive territory, led by financial shares buoyed by Fannie Mae's brighter earnings forecast. Source: Daily News & Analysis: Money News | 26 Apr 2008 | 11:13 am