Jet Airways launches flights to Tirupati

The Tirupati flight would depart from Hyderabad at 1345 hrs and arrive at the temple town at 1500 hrs.The return flight would leave Tirupati at 1530 hrs and reach the state capital at 1650 hrs.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 12:27 pm

No raise in sales prices: Nestle!

Swiss food giant Nestle SA is unlikely to raise sales prices further in the near term as costs of many ingredients have already peaked, the company`s chairman said Sunday.
Source: Zee News : Business | 15 Jun 2008 | 11:40 am

Govt has no `magic bullet` to tame inflation: Ahluwalia!

There is no "magic bullet" with the government to tame inflation and consumers will have to pay more if crude oil prices surge further, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said. The key policymaker`s comments come against the backdrop of India`s annual rate of inflation zooming to 8.75 percent for the week ended May 31.
Source: Zee News : Business | 15 Jun 2008 | 11:40 am

Don`t confuse between settlements and pacts: Mukesh to Anil!

The controversy between Ambani siblings over division in Reliance empire today flared up with Mukesh Ambani`s side cautioning Anil`s camp not to create confusion between the family settlement and agreements signed between the two groups.
Source: Zee News : Business | 15 Jun 2008 | 11:40 am

Inflation threatening Asia poverty fight: ADB!

Price pressures remain the biggest worry for Asia, where high inflation is already threatening to spoil the gains against poverty achieved over the last two decades, the Asian Development Bank said on Sunday.
Source: Zee News : Business | 15 Jun 2008 | 11:40 am

CII to seek more business avenues in Britain

A 13-member delegation of chief executives will visit Britain over June 19-20 to augment economic ties between the two nations.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 10:32 am

After Bangalore, Volvo eyes other Indian cities

Swedish transport solutions major AB Volvo is gearing up to emerge as the preferred choice of public transport in Indian cities.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 10:31 am

BSE includes Tata Power, Sterlite - Business Standard


BSE includes Tata Power, Sterlite
Business Standard - 2 hours ago
PTI / Mumbai June 15, 2008, 15:40 IST The benchmark index of Bombay Stock Exchange is all set for a rejig with the inclusion of mining firm Sterlite Industries and leading power utility Tata Power Company with effect from June 28.
Sterlite, Tata Power to figure in Sensex from July 28 Hindu Business Line
BSE effects revision in its indices Hindu
Economic Times - Bloomberg - domain-B - Zee News
all 17 news articles

Source: Google News India - Business | 15 Jun 2008 | 10:14 am

Inflation threatening Asia poverty fight - ADB

KUALA LUMPUR (Reuters) - Price pressures remain the biggest worry for Asia, where high inflation is threatening to spoil the gains against poverty achieved over the last two decades, the Asian Development Bank said on Sunday.

Source: Reuters: Money News | 15 Jun 2008 | 9:40 am

Spirituality propels Haridwar realty boom

Instant karma has emerged as the driving force behind the state's multimillion-dollar realty industry, with religious tourism turning the twin towns of Haridwar-Rishikesh into hot spots for developers, industry trackers say.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 9:30 am

Accounting convergence to help desi cos raise funds abroad - Hindu


Reserach at MU

Accounting convergence to help desi cos raise funds abroad
Hindu - 3 hours ago
Chennai: We are living in a world where watertight compartments are increasingly becoming extinct. Companies are acquiring overseas, selling local and hence, are aptly called 'glocal'.
Full convergence with IFRS by 2011: ICAI Financial Express
Is India Inc ready for IFRS? Sify
Reserach at MU - Bizjournals.com
all 28 news articles

Source: Google News India - Business | 15 Jun 2008 | 9:23 am

How to keep your PC cool during summer

Computers hate heat. So this summer, be sure to think about keeping your computer cool.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 9:19 am

Saudi to raise oil output above 9.5 mbpd in July

DUBAI (Reuters) - Top oil exporter Saudi Arabia is poised to boost output in July to the fastest rate in years to help keep pace with demand and tame what it sees as unacceptably high prices, industry sources said on Sunday.

Source: Reuters: Money News | 15 Jun 2008 | 9:15 am

Tata Motors gearing up for Nano rollout

Tata Motors is gearing up to roll out the world's cheapest car Nano from its factory here in October.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 9:15 am

Pre-IPO blitz in IPL to cost Godrej crores

Godrej Properties, the real estate arm of the 111-year old Godrej Group, will pay crores for its pre-IPO campaign on television.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 9:06 am

Tata Motors gearing up for Nano rollout, Trinamool plays spoilsport

Tata Motors is gearing up to roll out the world's cheapest car Nano from its factory here in October. It has roped in engineers from Pune to groom professionals in the plant, which is buzzing with activity. But West Bengal's resurgent opposition Trinamool Congress could play the spoilsport.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 8:30 am

Essar bid gets boost as Esmark makes hostile takeover tougher - Economic Times


Times Now.tv

Essar bid gets boost as Esmark makes hostile takeover tougher
Economic Times - 4 hours ago
15 Jun, 2008, 1334 hrs IST, PTI NEW YORK: Ruias-led Indian conglomerate Essar Group has got a boost to its proposed acquisition of US steel firm Esmark with the target company adopting a 'poison pill' to shield itself against any hostile takeover.
Esmark rejects Severstal offer of $17/share Hindu Business Line
Esmark rejects Severstal’s takeover bid Financial Express
Calcutta Telegraph - Wall Street Journal - Hindu - Livemint
all 300 news articles

Source: Google News India - Business | 15 Jun 2008 | 8:12 am

Volkswagen charts out big India plans

Volkswagen is intensifying efforts to rapidly expand in India, including increasing the number of models and dealerships.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 8:06 am

E-bike makers foresee big market, adopt different planks

The nascent electric two-wheeler segment, currently estimated at Rs.4.5 billion, is set to grow this fiscal, say manufacturers.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 8:00 am

Price of imported luxury cars to go up

Imported cars like Toyota's Camry and SUVs such as Honda's CR-V and Hyundai's Tucson will also become expensive.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 7:34 am

Oil pool account can redress petrol price burden

Just before inflicting a burdening oil price hike on his countrymen, Prime Minister Manmohan Singh had hinted that no solution exists for this tangle, supposedly created by a global surge in oil prices.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 7:32 am

Indian mangoes 'mesmerising' Americans, says export agency

A year after the US permitted import of Indian mangoes once again, the king of fruits has become a hit, with varieties like Alphonso, Kesar, Langra, Chausa and Mallika set to become a part of their lexicon, a state-run export promotion agency has said.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 7:31 am

OPEC's Badri says don't blame us for record oil

LONDON (Reuters) - If your father heads up the Organization of the Petroleum Exporting Countries, you might feel entitled to some favours when you fill up your tank.

Source: Reuters: Money News | 15 Jun 2008 | 7:27 am

Price of imported luxury cars to go up by up to Rs 20000 - Economic Times


Hindu Business Line

Price of imported luxury cars to go up by up to Rs 20000
Economic Times - 5 hours ago
15 Jun, 2008, 1240 hrs IST, PTI NEW DELHI: Imported cars like Toyota's Camry and SUVs such as Honda's CR-V and Hyundai's Tucson will also become expensive following government decision to slap additional excise duty on fuel guzzling cars produced in ...
Duty hike to have bigger impact on auto sales Business Standard
‘New duty won’t hit premium car sales’ Hindu Business Line
Hindu - Financial Express - Sify - Calcutta Telegraph
all 39 news articles

Source: Google News India - Business | 15 Jun 2008 | 7:21 am

Commodity market to reach $1.73 trillion by 2010: Assocham

The Indian commodity market is expected to grow by 30 percent and will reach Rs.74,156 billion ($1.73 trillion) in volume by 2010, according to a study by the Associated Chambers of Commerce and Industry of India (Assocham).
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 7:01 am

'Excise duty hike is anti growth for industry'

The government's decision to increase the excise duty on vehicles with higher engine capacities has not gone well with carmakers.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 6:59 am

Carrier to launch three new products

In order to achieve 300-million-dollar turnover in 2008, cooling equipment manufacturer Carrier will launch three more products in the country by the end of current year.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 6:53 am

Courier industry fights hard for margin

The courier industry is in the dock as domestic carriers have effected a sudden increase of Rs five a kilo for air sectors across the board.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 6:50 am

Indian aviation will have to deal with over-capacity: Ex-AICMD - Economic Times


MSN India

Indian aviation will have to deal with over-capacity: Ex-AICMD
Economic Times - 5 hours ago
15 Jun, 2008, 1202 hrs IST, PTI MUMBAI: Indian aviation industry, now in a piquant situation due to falling revenue and high fuel costs, will have to seriously deal with over-capacity on certain routes, former Air India Chairman and Managing Director, ...
Domestic airlines may curtail services Hindu Business Line
Airlines hint at ATF import to fight losses Financial Express
Moneycontrol.com - Business Standard - Economic Times - Business Standard
all 26 news articles

Source: Google News India - Business | 15 Jun 2008 | 6:48 am

India's steel production to be surplus by FY'12

India's steel production is likely to surpass the domestic requirement by 2011-12, easing pressure on prices of the alloy, which has been adding to the spiralling inflation.
Source: Daily News & Analysis: Money News | 15 Jun 2008 | 6:47 am

No 'magic bullet' to tame inflation: Montek - NDTV.com


TopNews

No 'magic bullet' to tame inflation: Montek
NDTV.com - 7 hours ago
There is no "magic bullet" with the government to tame inflation and consumers will have to pay more if crude oil prices surge further, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said.
Be ready to shell out more, Ahluwalia tells car-users Press Trust of India
Govt's policy options to check inflation seem to be limited Economic Times
Hindu - Financial Express - Thaindian.com
all 47 news articles

Source: Google News India - Business | 15 Jun 2008 | 5:02 am

No 'magic bullet' to tame inflation: Ahluwalia

There is no 'magic bullet' with the government to tame inflation and consumers will have to pay more if crude oil prices surge further, Planning Commission Deputy Chairman Montek Singh Ahluwalia has said.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 4:00 am

Goa: SEZs scrapped, developers to feel the heat - NDTV.com


NDTV.com

Goa: SEZs scrapped, developers to feel the heat
NDTV.com - 8 hours ago
A day after the Goa government scrapped all seven Special Economic Zones in the state; the Centre is worried about its impact on investors and the future of other SEZs in the country.
Goa’s move on SEZ land changes equations: Pillai Herald Publications
Seven SEZs scraped, Goa may have to compensate Financial Express
Sify - Indlaw.com
all 6 news articles

Source: Google News India - Business | 15 Jun 2008 | 3:56 am

UPA government would not allow Mizos to starve: Sonia

United Progress Alliance (UPA) chairperson Sonia Gandhi, who visited famine-hit areas in Mizoram, has asked the state's Mizo National Front (MNF) government not to misuse central funds meant to combat famine.
Source: IndiaeNews.com: Business News | 15 Jun 2008 | 3:30 am

IPO mop-up lacklustre in May at Rs 300 cr

‘Mobilisation higher than April but no rebound in sight’
Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

Pranab rules out rollback of retail fuel price hike

Kolkata, June 14 The Centre is not considering any roll back of the oil price hike, the External Affairs Minister, Mr Pranab Mukherjee, said here on Saturday. “There is no question of any roll back,” Mr Mukherjee observed, ...
Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

RCom threatens to claim damages if Reliance goes to court

RIL warns MTN of legal action; S. African co says talks progressing well
Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

FMCG, tech stocks turn ‘safer’ bet for investors


Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

Weekly News Round-up

In one of the biggest deals in the Indian pharmaceutical sector, Japan's third-largest pharmaceutical company Daiichi Sankyo will buy up to 51 per cent stake in Ranbaxy Laboratories at Rs 737 a share. The value of the deal is expected to be ...
Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

Strategy consultant Ramachander passes away

Chennai, June 14 Academic, theatre personality, corporate strategy consultant, prolific writer, S. Ramachander, former Director of the Institute for Financial Management and Research (IFMR) passed away here on Saturday after a brief illness. ...
Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

Domestic airlines may curtail services

Want relief from taxes on aviation turbine fuel
Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

Reliance: The sibling rivalry continues

Delhi/Chennai, June 14 Even after the Reliance group announced the division of companies between the two brothers — Mr Mukesh Ambani and Mr Anil Ambani — in June 2005, relations continued to be strained between the two.The ...
Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

DoT may impose eligibility conditions for 3G auction

Only operators with prior experience may be allowed
Source: Business Line - Home Page | 15 Jun 2008 | 12:00 am

Did mkts get a wind of Ranbaxy-Daiichi deal? - Economic Times


Did mkts get a wind of Ranbaxy-Daiichi deal?
Economic Times - 12 hours ago
NEW DELHI: It came as a surprise for many when Ranbaxy Labs’ promoters decided to sell their stake to Japan’s Daiichi Sankyo. But a closer look at the performance of Ranbaxy Labs on Dalal Street in the last three months tells a different story.
Weekly News Round-up Hindu Business Line
Pfizer may make counter bid for Ranbaxy: report Reuters India
Business Standard - Times of India - Hindu - Financial Express
all 715 news articles

Source: Google News India - Business | 14 Jun 2008 | 11:52 pm

Patient load gears AIIMS revamp plan - Times of India


Zee News

Patient load gears AIIMS revamp plan
Times of India - 12 hours ago
NEW DELHI: All India Institute of Medical Sciences (AIIMS) is all set to expand its existing infrastructure to meet the increasing patient load and improve the medical facilities.
Manmohan undergoes eye surgery Hindu
AIIMS leads the way in Hindustan Times
Economic Times
all 15 news articles

Source: Google News India - Business | 14 Jun 2008 | 11:52 pm

Cut oil, food subsidies, G8 tells emerging markets

The Group of Eight (G8) nations called on emerging markets to cease subsidising the price of oil and food amid concern such support was propelling demand and prices higher.
Source: Business Standard | Front Page Headlines | 14 Jun 2008 | 11:20 pm

Daiichi Sankyo gets a patent advantage

Apart from a five per cent share of the Indian pharmaceutical market, the purchase of Ranbaxy will take Daiichi Sankyo way ahead of others in the race among Indian companies for patent-protected drugs.
Source: Business Standard | Front Page Headlines | 14 Jun 2008 | 11:19 pm

Punish Dow Chemicals: US legislators - Times of India


BBC News

Punish Dow Chemicals: US legislators
Times of India - 16 hours ago
NEW DELHI: Expressing solidarity with the Bhopal gas leak victims, 16 US House of Congress members led by Padma Bhushan Frank Pallone Jr have urged Prime Minister Manmohan Singh to bring Dow Chemicals to justice.
Indian-origin novelist Indra Sinha, who won the Commonwealth award ... NDTV.com
BJP received Rs 1 lakh from Dow chemicals Expressindia.com
Business Standard - Birmingham Star - BBC News - guardian.co.uk
all 28 news articles

Source: Google News India - Business | 14 Jun 2008 | 8:16 pm

High oil prices hitting poor nations - UK minister

RIYADH (Reuters) - High oil prices are hitting those least able to afford it, but an imbalance in demand and supply which is partly behind the price spike could last for years, Britain's energy minister said on Saturday.

Source: Reuters: Money News | 14 Jun 2008 | 4:35 pm

Nike wins tax case at B\'lore IT Appellate Tribunal

Nike wins a tax case at the Bangalore Income Tax Appellate Tribunal. The Bangalore ITAT (Income Tax Appellate Tribunal) has ruled in favour of Nike. The sportswear company has an RBI permitted Liaison office in India that coordinates between Nike, its Indian suppliers and its affiliate companies across the world.
Source: Moneycontrol Top Headlines | 14 Jun 2008 | 3:31 pm

RelComm eyeing MTN: Legal challenges ahead

Anil Ambani’s Reliance Communications is making a call to MTN. It is a big deal and it comes with big legal challenges. What could some of these challenges be? How will the younger Ambani brother overcome them?
Source: Moneycontrol Top Headlines | 14 Jun 2008 | 3:02 pm

Discounted airfares hurts airline industries

Airlines, currently flying through rough financial weather could be further hit by a fresh round of price cuts by low cost carriers. GoAir and SpiceJet will soon offer airfares as low as zero to Rs 99 as the basic fare. Full service airlines are asking the government to intervene and introduce discipline in the pricing strategy in the sector.
Source: Moneycontrol Top Headlines | 14 Jun 2008 | 12:39 pm

Oman Air begins flights to Bangalore

MUSCAT (Reuters) - National carrier Oman Air is starting flights to Bangalore, its 10th destination in India, an airline official said on Saturday.

Source: Reuters: Money News | 14 Jun 2008 | 12:01 pm
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