Green is the new colour of IT in Bangalore. IT biggies like Infosys, Wipro and TCS are doing their bit for the environment and developing ecofriendly campuses. This means that the buildings are made of natural stone, and they have noplastic canteens and recycled water fountains.
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Moneycontrol Top Headlines | 5 Jun 2008 | 5:31 pm
Telekom Malaysia; a partner in Spice Communications is in talks with Idea Cellular for a possible stake sale. There is still a lot of confusion on the nature and the contour of this deal but CNBCTV18 has learnt that the Spice promoters the BK Modi group is not in talks with IDEA Cellular.
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Moneycontrol Top Headlines | 5 Jun 2008 | 5:17 pm
The IOC has said that PSU oil companies have cut jet fuel prices by Rs 3239/kl on cut in customs duty, reports Newswire18. But the airlines, CNBCTV18 understands, are not ready and it is unlikely that they will bring the costs of on the tickets or fares down as the ATF price rise was 18.6% and the cut has been only 4.3%.
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Moneycontrol Top Headlines | 5 Jun 2008 | 5:08 pm
Railway Minister Lalu Prasad Yadav said the railways will absorb the impact of the fuel price hike, reports CNBCTV18. He added that they are examining cut in freight rates to attract more traffic.
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Moneycontrol Top Headlines | 5 Jun 2008 | 5:08 pm
Sahara India Fin has got a stay on the RBI order from the Lucknow bench of the Allahabad High Court. RBI had banned the company from taking fresh deposits for ALM violations.
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Moneycontrol Top Headlines | 5 Jun 2008 | 4:16 pm
Home grown consumer durable and electronics major Videocon is in for a major organization rejig with the arrival of its new CEO KR Kim. Almost 50% of employees at Videocon\'s corp office have been tansferred to new businesses like DTH, cash and carry and mobile services that the group is foraying into.
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Moneycontrol Top Headlines | 5 Jun 2008 | 3:43 pm
Indiabulls Property Investment Trust (IPIT) has extended the Singapore REIT IPO till June 6. Sources said the extension is on account of poor retail subscription. IPIT is looking to raise about USD 265 million through REIT. Indiabulls said the issue was extended for retail investors and was subscribed 1.8 times, reports CNBCTV18.
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Moneycontrol Top Headlines | 5 Jun 2008 | 3:39 pm
NIIT has bagged ICT contract for schools in Bihar and Maharashtra. L Balasubramanian, President School Learning Solutions, NIIT informed that the orders are for implementing computer education and computeraided education.
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Moneycontrol Top Headlines | 5 Jun 2008 | 2:54 pm
Dr. Reddy\'s Labs has filed for declaratory judgement on six Nexium patents. Dr Reddy\'s has confirmed filing declaratory judgement in a US Court.
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Moneycontrol Top Headlines | 5 Jun 2008 | 2:44 pm
Nitin Jain, MD of ISec Primary Dealers said at the moment, the chances of a rate action by RBI are substantially higher as the increase in overall transportation cost linked to oil needs to be taken into account by RBI.
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Moneycontrol Top Headlines | 5 Jun 2008 | 2:35 pm
NEW DELHI (Reuters) - An explosion has cut crude output of 40,000 bpd from an Indian field, or about 6 percent of domestic output, and the shortfall will boost imports if supply is not resumed in 3-4 days, industry officials and sources said.
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Reuters: Money News | 5 Jun 2008 | 12:24 pm
NEW DELHI (Reuters) - State-run monopoly Indian Railways will not raise passenger and freight rates despite a steep increase in government-set fuel prices, the railways minister said on Thursday.
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Reuters: Money News | 5 Jun 2008 | 12:16 pm
NEW DELHI (Reuters) - The government will cut by 5-10 percent its non-plan spending, including on domestic and foreign travel and administrative expenses, a senior finance ministry official said, adding the steps would save 60 billion rupees ($1.4 billion).
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Reuters: Money News | 5 Jun 2008 | 12:13 pm
The city-based Tanla Solutions Ltd, with business interests in telecom infrastructure, Thursday announced its acquisition of Openbit OY, a $15.88 million Finnish mobile payment software provider.
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IndiaeNews.com: Business News | 5 Jun 2008 | 12:01 pm
Tourism major CGH Earth launched a solar-powered boat, which it claimed was the biggest in India, to mark World Environment Day at its resort here Thursday.
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IndiaeNews.com: Business News | 5 Jun 2008 | 12:01 pm
Steel manufacturer Sujana Metal Products Ltd (SMPL) announced Thursday that it would set up two ready-to-use thermo-mechanically treated (TMT) steel products plants in Chennai and Hyderabad.
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IndiaeNews.com: Business News | 5 Jun 2008 | 12:01 pm
The cabinet Thursday approved the tabling of a bill in parliament to amend the Money Laundering Act to enable the government prevent money laundering more effectively and to meet its international obligations.
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IndiaeNews.com: Business News | 5 Jun 2008 | 12:00 pm
The government Thursday approved the signing and ratification of bilateral investment promotion and protection agreements with Myanmar to protect the interests of investors in each other's countries.
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IndiaeNews.com: Business News | 5 Jun 2008 | 12:00 pm
PARIS (Reuters) - Trade powers tried to keep struggling global trade talks alive on Thursday with supporters saying a deal could help counter the world's food crisis and soften an economic slowdown.
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Reuters: Money News | 5 Jun 2008 | 11:58 am
Lok Sabha Speaker Somnath Chatterjee said the increase in oil prices was not unexpected as prices of commodities have increased world over.
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Daily News & Analysis: Money News | 5 Jun 2008 | 11:51 am
NEW DELHI (Reuters) - India's main stock index snapped a three-day slide and climbed 1.6 percent on Thursday, but the late bounce back may be shortlived as concerns about inflation pressures and slowing growth remain.
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Reuters: Money News | 5 Jun 2008 | 11:40 am
The Centre will help them grow their IT skills, create new software and hardware applications and services, and deliver them to the global marketplace, it said in a release.
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Daily News & Analysis: Money News | 5 Jun 2008 | 11:39 am
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Google News India - Business | 5 Jun 2008 | 11:37 am
IT-based security solutions developer, manufacturer and marketer, Micro Technologies,launched its new product, Micro Buddy Tracking System (BTS).
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Daily News & Analysis: Money News | 5 Jun 2008 | 11:32 am
"There is no question of a roll-back on fuel surcharge," budget airline SpiceJet's Chief Operating Officer, Samyukth Sridharan, said.
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Daily News & Analysis: Money News | 5 Jun 2008 | 11:31 am
The government has bit the bullet and the cost of living has just shot up for people all over India. But there were few options before Prime Minister Manmohan Singh. With world oil prices having reached astronomical levels, the state-run oil companies could not have continued subsidizing supplies of petroleum products to the nation.
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IndiaeNews.com: Business News | 5 Jun 2008 | 11:30 am
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Google News India - Business | 5 Jun 2008 | 11:27 am
State-run oil companies Thursday cut aviation fuel prices by 4.3 percent following the government's decision Wednesday to reduce customs duty on fuel to five percent.
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IndiaeNews.com: Business News | 5 Jun 2008 | 11:13 am
The Indian equities markets closed in the green Thursday, ending a three-day losing streak. The rally was led by technology, oil and power stocks.
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IndiaeNews.com: Business News | 5 Jun 2008 | 11:12 am
With business activities in West Bengal coming to a standstill following a 12-hour shutdown called by the state's ruling Left Front, industry honchos Thursday expressed strong resentment, saying such agitations hit business and turned off investors.
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IndiaeNews.com: Business News | 5 Jun 2008 | 11:11 am
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Google News India - Business | 5 Jun 2008 | 11:10 am
The city is poised to get what probably is its first green housing complex, to be developed by real estate major Siddha Group, with guidance from a state government agency.
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IndiaeNews.com: Business News | 5 Jun 2008 | 11:09 am
Mkts end strong; ONGC, Wipro, Suzlon, Tata Power zoomMoneycontrol.com - 1 hour agoThe markets have rebounded sharply in late trade and ended with strong recovery of half of Wednesdays losses led by buying in technology, telecom, power, FMCG, banking, metal, pharma and some oil and gas stocks. Sensex rebounds smartly, ends 255 pts up SifySensex up 255pts; ONGC zooms 7.5% Business StandardSify - Sify - Moneycontrol.com - Sifyall 155 news articles |
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Google News India - Business | 5 Jun 2008 | 11:03 am
Mahindra and Mahindra (M&M) has acquired "a controlling stake" in a leading two-wheeler designing firm, Engines Engineering SpA of Italy.
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Daily News & Analysis: Money News | 5 Jun 2008 | 10:53 am
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Google News India - Business | 5 Jun 2008 | 10:47 am
Airline insolvencies are no longer a distant nightmare for the Indian aviation industry, weighed down by rising operating costs despite jet fuel prices slashed by 4.3 per cent.
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Daily News & Analysis: Money News | 5 Jun 2008 | 10:47 am
MUMBAI (Reuters) - Tech Mahindra Ltd on Thursday announced a multi-million dollar deal with Botswana Telecommunications Corp (BTC) to provide system integration services across its mobile, internet and fixed-line businesses.
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Reuters: Money News | 5 Jun 2008 | 10:42 am
MUMBAI (Reuters) - Transporters are raising freight rates to pass on the fuel price hike, but with inflation looming, operational efficiencies need to kick in, officials said on Thursday.
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Reuters: Money News | 5 Jun 2008 | 10:41 am
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Google News India - Business | 5 Jun 2008 | 10:40 am
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Google News India - Business | 5 Jun 2008 | 10:38 am
State-owned Bharat Sanchar Nigam Ltd is understood to have pulled out of the over Rs 1,500 crore Singapore undersea cable project.
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Daily News & Analysis: Money News | 5 Jun 2008 | 10:21 am
Dell India on Thursday said that Sameer Garde would be the new country General Manager for the company.
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Daily News & Analysis: Money News | 5 Jun 2008 | 10:03 am
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Google News India - Business | 5 Jun 2008 | 10:02 am
Internet major Yahoo,said it is open to any deal, including a sale to Microsoft, if it benefits shareholders.
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Daily News & Analysis: Money News | 5 Jun 2008 | 9:53 am
Planning Commission Deputy Chairman Montek Singh Ahluwalia defended the fuel price hike, saying it would not push up inflation as is being widely feared.
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Daily News & Analysis: Money News | 5 Jun 2008 | 9:50 am
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Google News India - Business | 5 Jun 2008 | 8:47 am
NEW DELHI (Reuters) - Indian economic growth of 8 percent during the fiscal year to March 2009 is "not a problem", the deputy chief of its planning commission, Montek Singh Ahluwalia, said on Thursday.
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Reuters: Money News | 5 Jun 2008 | 8:27 am
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Google News India - Business | 5 Jun 2008 | 8:05 am
MUMBAI (Reuters) - West Bengal, ruled by the central government's communist allies, has cut sales tax on auto fuels by about 5 percent, in an effort to reduce the impact of Wednesday's fuel price increase.
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Reuters: Money News | 5 Jun 2008 | 7:27 am
SAN FRANCISCO (Reuters) - Infosys Technologies Ltd is stepping up sales to new customers and will consider acquisitions in continental Europe as it seeks to reaccelerate growth in the midst of an ongoing economic slump, Chief Executive Kris Gopalakrishnan said on Wednesday.
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Reuters: Money News | 5 Jun 2008 | 7:02 am
HOW THE DAY UNFOLDED
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
Mumbai, June 4 The Petroleum Ministry’s decision to hike the oil price will not have any particular impact on a section of automobile users — the owners of LPG-run vehicles. The price of auto-LPG in the country is not ...
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
Markets vulnerable to oil price spiral face the brunt
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
Notified as per the new definition
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
Says it has no option left; revenue loss for oil firms expected to ease
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
Index for ‘minerals oil’ may go up by 10%
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
Successful entry into mid market, strong commercial offtake
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
Chennai, June 4 Two of the Left-ruled States, West Bengal and Kerala, have decided to reduce the sales tax on petrol and diesel, to marginally reduce the impact of the price hike.The West Bengal Government today said it will reduce the ...
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
We recommend a sell in Deccan Aviation from a short-term perspective. It is evident from the charts of the stock that it has been on a long-term downtrend from its December 2007 peak of Rs 335. However, after a corrective up move from Rs ...
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Business Line - Home Page | 5 Jun 2008 | 12:00 am
The benchmark Sensex of the Bombay Stock Exchange (BSE) slumped the most in two months, led by banks and automakers, after the government raised fuel prices, fanning concern that inflation will crimp profits and slow economic growth.
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Business Standard | Front Page Headlines | 4 Jun 2008 | 7:03 pm
After nearly a week of deliberation, the United Progressive Alliance (UPA) government finally announced a sharp increase in retail prices of petrol, diesel and cooking gas to bail out its cash-strapped oil marketing companies.
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Business Standard | Front Page Headlines | 4 Jun 2008 | 7:02 pm
