Wind energy has been here since the dawn of time, it has been locomotion for the world trade, but as a source of energy, it has been on the periphery. But the context has now changed with the global warming and concerns about climate change. Source: Moneycontrol Top Headlines | 19 May 2008 | 3:53 pm
The Finance Ministry has clarified that Kolkata ITAT Member,Jugal Kishore, is not a tax official, reports CNBCTV18. Jugal Kishore was arrested on May 14 for taking a bribe of Rs 30 lakh. Chartered Accountants, or CAs, K Tulsyan and Ravi Tulsyan were remanded in judicial custody. Source: Moneycontrol Top Headlines | 19 May 2008 | 3:27 pm
Dr Subir Gokarn, Chief Economist, Crisil, the growth impact of a US recession on the rest of the world, particularly Asian economies is much less today than it was during the last recession of 2001. Ashwini Kakkar, VC, Mercury Travels, the availability of food in another factor that is going to cause lot of dissonance across the globe. Source: Moneycontrol Top Headlines | 19 May 2008 | 2:27 pm
LONDON (Reuters) - Emerging market equities hit a new high for the year on Monday in a new bout of investor confidence, while oil prices again pushed towards $128 a barrel.
MUMBAI (Reuters) - Maruti Suzuki India Ltd, the country's top car maker, has raised prices of most models by up to $353, a dealer said on Monday, to offset some of the impact of the high cost of raw materials such as steel.
BSEL Infrastructure Realty Ltd has signed a memorandum of understanding (MoU) with Iskandar Regional Development Authority (IRDA) to invest $4.63 billion in several development projects in Malaysia. Source: IndiaeNews.com: Business News | 19 May 2008 | 12:01 pm
FRANKFURT (Reuters) - Europe's biggest insurer Allianz is aiming for top-line insurance growth of at least 10 percent in emerging markets this year, Allianz board member Werner Zedelius told Reuters in an interview.
LONDON (Reuters) - Oil rose back above $127 a barrel on Monday, after OPEC's president said the producer group will not call an early meeting and even at its September gathering was unlikely to boost supply as the world had enough oil.
India Inc is moving up the growth curve but an average Indian villager still remains untouched by the countrys rising growth. This is largely so as inclusive growth in India is still a distant dream. However, there is one bank that is working fervently to make Indias reverie of inclusive growth a reality, the Bank of Rajasthan. Source: Moneycontrol Top Headlines | 19 May 2008 | 11:41 am
Asking for directions and scanning through complicated paper maps while on the move can be nerve raking and extremely dangerous. So imagine a device that sits in your vehicle and helps you find your way effortlessly. Thats exactly what Rohan Verma a 22 year old Director and his company MapmyIndia thought of. Source: Moneycontrol Top Headlines | 19 May 2008 | 11:24 am
Security firm Topsgrup, whose clientele includes the Tata group, Airtel, said it would raise the number of head counts by March next and would also open additional branches. Source: Daily News & Analysis: Money News | 19 May 2008 | 11:18 am
ALGIERS (Reuters) - OPEC members are exchanging ideas about the oil market but will not meet before their next scheduled gathering in September, OPEC President Chakib Khelil said on Monday.
Over the next two years the Anil Ambani led reliance big entertainment will invest one billion dollars in the production and distribution of bollywood films. Source: Moneycontrol Top Headlines | 19 May 2008 | 11:07 am
India could incur losses to the tune of $ 237 billion by 2015 due to a rise in lifestyle diseases like diabetes, stroke and cancer because of unhealthy workplaces. Source: Daily News & Analysis: Money News | 19 May 2008 | 11:04 am
SHARM EL-SHEIKH, Egypt (Reuters) - HCL Technologies, one of India's largest IT infrastructural management companies, expects it business in the Middle East to start bringing in annual revenue of $100 million within two years, a company official said on Monday.
MOSCOW (Reuters) - Russia's first new passenger plane since the 1991 fall of the Soviet Union, the Superjet-100, took off on its maiden test flight on Monday, inching Moscow closer to the lucrative regional civil aviation market.
Direct-to-home service provider Dish TV will launch high definition platform by the end of this year. Source: Daily News & Analysis: Money News | 19 May 2008 | 10:33 am
Kingfisher's Lucknow-Delhi flight Saturday did not run short of fuel and was returned to Lucknow as a routine procedure during traffic congestion or bad weather conditions, the airline said Monday. Source: IndiaeNews.com: Business News | 19 May 2008 | 10:30 am
For 100 rupees, you can fish, have local seafood curry, wash it down with tender coconut water and spend a lazy afternoon snoozing on the hammock admiring the backwaters. And if you want to live it up, you have the option of pedaling a boat. Source: Moneycontrol Top Headlines | 19 May 2008 | 10:13 am
With jetsetting Indians on the rise, insurance companies are cashing in on the untapped market of domestic travel insurance. The domestic travel sector is growing rapidly at about 3540% and consumers are not thinking twice before shelling out extra money to be insured. Source: Moneycontrol Top Headlines | 19 May 2008 | 9:53 am
TOKYO (Reuters) - Group of Eight finance ministers will likely discuss the world economy, climate change and action taken so far on financial markets when they meet next month, Japanese Vice Finance Minister Hiroki Tsuda said on Monday.
BEIJING (Reuters) - Direct economic losses from last week's devastating earthquake will amount to about 67 billion yuan ($9.6 billion) in Sichuan province alone, the Chinese government said on Monday.
The Bombay Stock Exchange and National Stock Exchange were closed Monday on account of Buddha Purnima, a public holiday. Source: IndiaeNews.com: Business News | 19 May 2008 | 9:38 am
SEATTLE/NEW YORK (Reuters) - Microsoft Corp said on Sunday it proposed an alternative deal to Yahoo Inc rather than a full acquisition, but the move was unlikely to win favor with financier Carl Icahn, a person familiar with his thinking said.
GAIL (India) Ltd could become a consortium partner in the PakistanIndia portion of the IranPakistanIndia (IPI) gas pipeline project. Source: Moneycontrol Top Headlines | 19 May 2008 | 9:07 am
United Bank of India plans to realign its rate of interests on advances, which are below the prime lending rate, in order to get a better yield from advances. Source: Moneycontrol Top Headlines | 19 May 2008 | 9:05 am
Power supply to Chhattisgarh's O.P Jindal Industrial Park was restored Monday after a gap of 12 days, bringing relief to about 5,000 workers who had been thrown out of work all of a sudden. Source: IndiaeNews.com: Business News | 19 May 2008 | 8:03 am
Microsoft Corp. has announced that it had reached out to Yahoo Inc. with a possibility of a fresh deal that does not involve an acquisition of the Internet company. Source: Daily News & Analysis: Money News | 19 May 2008 | 8:01 am
Bilateral trade between India and China opened Monday through the fabled Silk Road amid a fresh border row, with Beijing claiming a strip of land in Sikkim. Source: IndiaeNews.com: Business News | 19 May 2008 | 5:30 am
The Indian animation industry is expected to double its revenues to nearly $1.5 billion by 2010 but is still hampered by lack of skilled manpower, mainly due to lack of facilities and preference for traditional career options. Source: IndiaeNews.com: Business News | 19 May 2008 | 5:30 am
The Indian Premier League (IPL) has undoubtedly become the latest and hottest blockbuster in the city - leaving the usually teeming city multiplexes and single screen cinema halls virtually empty throughout the Twenty20 series. Source: IndiaeNews.com: Business News | 19 May 2008 | 2:02 am
Thiruvananthapuram, May 18 The European Centre for Medium-Range Weather Forecasts (ECMWF) sees a rogue circulation spin up in the west-central Arabian Sea about the same time as the westerly winds are predicted to accelerate in the run up to ... Source: Business Line - Home Page | 19 May 2008 | 12:00 am
Take a look at the prices in the table and imagine a shopping basket this month comprising the following goods: Britannia Marie Gold biscuits 200 gm, Horlicks Jar 500 gm, Surf Excel Blue 1.5 kg, Sunsilk Black shampoo 100 ml, Hamam soap ... Source: Business Line - Home Page | 19 May 2008 | 12:00 am
The name and bank account number of the beneficiary are likely to be made mandatory for all real time gross settlement (RTGS) transactions. Source: Daily News & Analysis: Money News | 18 May 2008 | 10:12 pm
While the bulls were on a holiday, fund houses were busy making arrangements, which they couldn't have done with the bulls being around. Source: Daily News & Analysis: Money News | 18 May 2008 | 10:11 pm
Polaris Software Lab, the Chennai-based banking software maker, has asked close to 100 of its employees to take three months' salary and bid adieu. Source: Daily News & Analysis: Money News | 18 May 2008 | 10:10 pm
The rupee's fall won't be for long and the slide would be arrested inside of 100 basis points below the current levels, analysts would have us believe. Source: Daily News & Analysis: Money News | 18 May 2008 | 10:09 pm
Corporate results for the quarter ended March 31, 2008, have been far decent than what the Cassandras predicted. Source: Daily News & Analysis: Money News | 18 May 2008 | 10:08 pm
The bias remains towards a weaker rupee but the chances of the Reserve Bank of India (RBI) lending support to the Indian currency are increasing Source: Daily News & Analysis: Money News | 18 May 2008 | 10:07 pm
The Securities and Exchange Board of India (Sebi) is shortly expected to allow non-resident Indian (NRI) fund managers to manage the investment portfolios of foreign institutional investors (FIIs). Source: Business Standard | Front Page Headlines | 18 May 2008 | 8:48 pm
Setting a new benchmark for apartments in the super-luxury segment in the national capital region, a local developer is offering 7,672 square feet of super area at a basic price ranging between Rs 13,500 and Rs 14,750 per square foot (sq ft), the highest in the region. Source: Business Standard | Front Page Headlines | 18 May 2008 | 8:44 pm
Cement companies' latest quarterly performance shows that they have begun to feel the pinch of the government's anti-inflationary measures. Source: Business Standard | Front Page Headlines | 18 May 2008 | 8:38 pm
Jet Airways has convened a board meeting on Friday, May 23, which is expected to consider the future of Executive Director Saroj K Datta, who, sources said, may exit the airline after May 31. Source: Business Standard | Front Page Headlines | 18 May 2008 | 8:36 pm
Trai norms to introduce licensing, revenue sharing.??The Telecom Regulatory Authority of India (Trai), whose ambit also covers the broadcasting business, has prepared guidelines on satellite radio operations that will limit foreign direct investment (FDI) to 74 per cent and introduce licence requirements for transmission and content. Source: Business Standard | Front Page Headlines | 18 May 2008 | 8:34 pm
An American company says it has technology that can dramatically improve the quality of Indian roads -- particularly ahead of the Commonwealth Games scheduled here in 2010. Source: IndiaeNews.com: Business News | 18 May 2008 | 12:01 pm
