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Diamond workers on stir went on rampage, damage vehicles!Protests by diamond workers for wage hike turned violent today in the city.Source: Zee News : Business | 6 Jul 2008 | 1:22 pm CIL to set up 28 coal washeries for Rs 1500 cr!Country`s largest coal producer Coal India plans to invest about Rs 1,500 crore for setting up 28 washeries with a total capacity of 98 million tons, a top company official said.Source: Zee News : Business | 6 Jul 2008 | 1:22 pm `Inflation may touch 13%, remain in double digits till year-end`!Inflation may climb up to 13% without before reversing in December and is unlikely to drop below 10% ahead of Lok Sabha elections, scheduled for April-May 2009, a senior government official has said.Source: Zee News : Business | 6 Jul 2008 | 1:22 pm ATF futures to hit market from Monday!Leading commodity exchange MCX will start trading in Aviation Turbine Fuel (ATF) from Monday for the first time in the country, helping hedgers like airlines and refiners at a time when crude prices are at a record high of 146 dollars a barrel.Source: Zee News : Business | 6 Jul 2008 | 1:22 pm Coaching classes evolving as thousand crores industry!With dramatic increase in demand for professionals in almost all spheres and good quality education becoming an avenue to success, private coaching institutes have mushroomed across the country in recent years, becoming an industry worth thousands of crores of rupees.Source: Zee News : Business | 6 Jul 2008 | 1:22 pm IMF official for tightening of money supply to check inflation!With high inflation not expected to abate this year, a senior international monetary fund official said the RBI should further tighten money supply to minimise the ripple effect of price rise.Source: Zee News : Business | 6 Jul 2008 | 1:22 pm Govt expects healthy crop output on good monsoon !On the back of good monsoon, the government expects a healthy crop output in the kharif season this year but feels even distribution of rainfall in July and August would decide the quantum of production.Source: Zee News : Business | 6 Jul 2008 | 1:22 pm Indian cos losing more on US bourses; value slips below $100 bn!Going to Big Apple no more seems to be a value-adding proposition for Indian companies as those listed both on the American and Indian bourses have seen an additional erosion of about 7 billion dollars in their US market capitalisations in the ongoing downslide.Source: Zee News : Business | 6 Jul 2008 | 1:22 pm ITC non-cigarette biz accounts for 52% of net salesNon-cigarette business of diversified conglomerate ITC Ltd contributes nearly 52.4 per cent of the company's net turnover.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 12:19 pm Fair, clean bank model is a must: Patil - Sify
Source: Google News India - Business | 6 Jul 2008 | 11:08 am Retrenchment threat looms large over diamond workers - Sify
Source: Google News India - Business | 6 Jul 2008 | 10:55 am We are facing a digital doomsdayThe digital doomsday is round the corner. In exactly 1,273 days there will be a web chaos in the world as we run out of internet addresses.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:45 am 'Tata-Corus not possible without ArceloreMittal'The acquisition of Corus may have made Tata Steel the world's sixth largest steel maker, but the deal may have never happened but for ArcelorMittal, feels Aditya Mittal.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:23 am Bush says backs strong dollar policyTOYAKO, Japan (Reuters) - U.S. President George W. Bush said on Sunday the American economy was not growing as quickly as he would like and that his administration supported a strong dollar policy.Source: Reuters: Money News | 6 Jul 2008 | 9:26 am ADAG's Reliance Money forays into NigeriaAnil Ambani group's Reliance Money announced its foray into Nigeria on Sunday through a partnership with Lagos-based industrial house Chellarams PlcSource: Daily News & Analysis: Money News | 6 Jul 2008 | 9:11 am Apple's iPhone could find Asia tough to crackMancy Li wants to get her hands on Apple's newest version of the iPhone, but she won't bother to queue up in Hong Kong when it is released in AsiaSource: Daily News & Analysis: Money News | 6 Jul 2008 | 9:09 am M&S to end franchisee agreementUK retail major Marks and Spencer (M&S) plans to exit from its six-year old franchisee deal with Planet RetailSource: Daily News & Analysis: Money News | 6 Jul 2008 | 9:07 am Mittal eyes luxury hotels in UKAfter acquiring some of the most lavish homes in London, NRI steel magnate Lakshmi Mittal is now considering the prospect of investing in upmarket country hotelsSource: Daily News & Analysis: Money News | 6 Jul 2008 | 9:05 am After huge India sale, FIIs look to Latin AmericaHaving sold Indian shares worth close to Rs 5 trillion since beginning of this year, the overseas investors seem to be ploughing back the moneySource: Daily News & Analysis: Money News | 6 Jul 2008 | 9:04 am Bhilai Steel Plant witnesses record productionBhilai Steel Plant's (BSP) production during the first quarter of the current fiscal (2008-09) has surpassed all previous records, a company statement said Sunday.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 8:31 am Run by the blind, call centre is big success storyThe telephones never stop jangling and the waves go on crashing on the promenade outside. Unperturbed, 20 visually challenged men and women occasionally sniff the salty sea breeze even as their nimble fingers dial telephone numbers. They murmur softly into the phones.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 8:30 am Govt may let GSM players keep hoarded spectrum - Hindu
Source: Google News India - Business | 6 Jul 2008 | 7:30 am Wheat yield on decline due to temperature riseGlobal warming coupled with climate change will adversely affect wheat production in India, according to an industry study.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 7:30 am High oil prices spur demand for low energy electronicsSEOUL (Reuters) - These days when customers walk into electronics stores, the first question they ask is how much electricity the fridge, washing machine or laptop computer they are contemplating buying consumes.Source: Reuters: Money News | 6 Jul 2008 | 7:21 am Asia's exporters suffer as global demand weakensThe 54-year-old chief executive of Kin Hip Metal Plastics had spent much of the past year grappling with rising labour and material costs in China and a strengthening yuan.Source: Reuters: Money News | 6 Jul 2008 | 7:04 am Assam set for protests over delayed rail projectsPolitical parties and pressure groups in southern Assam's Barak Valley have announced a series of agitational programmes demanding expansion of railway lines and protesting delay in ongoing rail projects.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 7:00 am Guess which place Lithuanians would love to visit? Goa!Suddenly a lot of people from this tiny Baltic state of Lithuania want to visit India, the prime attraction for them being Goa, with its sun kissed beaches and promise of exotica.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 6:30 am In Kolkata, a Sunday paradise for pet and plant loversIf you are an animal, bird or plant lover, a visit to the weekly market at Shakher Haat on north Kolkata's Galiff Street is a must on a Sunday morning.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 6:00 am Truck rental and parcel freight rates set to fall: report - Hindu
Source: Google News India - Business | 6 Jul 2008 | 5:47 am Hyundai cuts, Kia lifts domestic sales targetSEOUL (Reuters) - Hyundai Motor Co, South Korea's top auto maker, said on Sunday it had cut its local sales target for this year by 6 percent as record-breaking oil prices are hitting consumer sentiment in Asia's fourth-largest economy.Source: Reuters: Money News | 6 Jul 2008 | 5:43 am CII to help Delhi varsity empower studentsThe Confederation of Indian Industry (CII) has joined hands with Delhi University (DU) to empower students to fill a serious skills shortage to ensure India's competitive edge.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 5:30 am Himachal power project deals get murkierA Canadian partner of Brakel Corp NV of the Netherlands, which has been allotted two multimillion-dollar hydro-power projects in Himachal Pradesh, has informed the state government that it has never collaborated with the Dutch firm for setting up any projects.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 5:00 am BMC inquires into octroi for Reliance aircraft - Sify
Source: Google News India - Business | 6 Jul 2008 | 4:49 am Kingfisher likely to buy into SpiceJet - Sify
Source: Google News India - Business | 6 Jul 2008 | 4:49 am Beggars too feel inflation pinch!Life for scores of beggars at the city's traffic intersections is no longer as good as it used to be a year ago. Their daily collection is dwindling fast and they blame skyrocketing inflation for it.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 4:30 am FD rates likely to rise - Economic Times
Source: Google News India - Business | 6 Jul 2008 | 12:19 am Uranium import can stave off looming energy crisis: KakodkarSource: Business Line - Home Page | 6 Jul 2008 | 12:00 am BJP says it will renegotiate nuclear deal if it comes to powerAsks Prime Minister to seek vote of confidenceSource: Business Line - Home Page | 6 Jul 2008 | 12:00 am Italy's Alfa Romeo keen on India entryConfirming the reports of its India entry, the Alfa Romeo CEO, Mr Luca de Meo, said that it is one of the top priorities of the company. Alfa Romeo, the Italianmanufacturers of sporty cars,is part of the Fiat Group. "Weare looking at it with ...Source: Business Line - Home Page | 6 Jul 2008 | 12:00 am Decision on provident fund interest rate deferredNew Delhi, July 5 The Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) on Saturday decided that employees working in small establishments having 10 or more workers will also get the benefits of the ...Source: Business Line - Home Page | 6 Jul 2008 | 12:00 am More countries opt for nuclear powerG8 may grapple with climate change among other issuesSource: Business Line - Home Page | 6 Jul 2008 | 12:00 am Weekly News Round UpThe external commercial borrowings by Indian corporates has slowed down for the period April-May this year. This is evident from the figures released by the RBI recently. According to the RBI data, while in March, about 55 companies borrowed ...Source: Business Line - Home Page | 6 Jul 2008 | 12:00 am i10 drive: Hyundai to start working 3 shiftsSource: Business Line - Home Page | 6 Jul 2008 | 12:00 am Indian market sheds more value than other emerging onesErosion steeper than the fall in bellwether stocks in 2008Source: Business Line - Home Page | 6 Jul 2008 | 12:00 am RBI to call meet on derivative issue of Tirupur exportersCoimbatore, July 5 The Governor of the Reserve Bank of India has assured a meet of the banks involved in derivatives contracts with garment exporters of Tirupur and representatives of the exporters in Chennai.The meet is to discuss the ...Source: Business Line - Home Page | 6 Jul 2008 | 12:00 am Hawkers moot curbs on hypermart - Calcutta Telegraph
Source: Google News India - Business | 5 Jul 2008 | 9:45 pm Success is no benchmark, says Goenka - Hindu
Source: Google News India - Business | 5 Jul 2008 | 7:52 pm Congress not sure on IAEA talksThe top-most executive decision-making body of the Congress, the core committee, met on Friday but was unable to reach a conclusion on when India should go ahead with nuclear negotiations with the International Atomic Energy Agency (IAEA).Source: Business Standard | Front Page Headlines | 5 Jul 2008 | 7:29 pm More`s merrier for PF bodyBoard wants coverage extended to units with 10 employees.??The Central Board of Trustees of the Employees' Provident Fund Organisation today recommended expansion in the coverage of employees under its scheme, while deferring a decision on raising the interest rate from 8.5 per cent for 2008-09.Source: Business Standard | Front Page Headlines | 5 Jul 2008 | 7:28 pm Industries with 10 employees under PF purview now - Hindu
Source: Google News India - Business | 5 Jul 2008 | 7:17 pm Manali-Leh railway link soonIn a major move to push tourism in the hill states and counter Chinese expansion in the Tibetan region, the Railways ministry has prepared a blueprint to set up an ambitious 480 kilometre Manali - Leh railway line link criss-crossing the treacherous mountains in Himachal Pradesh and Jammu & Kashmir.Source: Business Standard | Front Page Headlines | 5 Jul 2008 | 6:33 pm Merrill in talks to sell Bloomberg stakeLikely to offload 20% stake in the news company.??Merrill Lynch is in negotiations to sell its 20 per cent stake in Bloomberg LP, the financial data and news company founded by New York mayor Michael R Bloomberg, as the firm seeks to raise still more capital, people involved in the talks said on Friday.Source: Business Standard | Front Page Headlines | 5 Jul 2008 | 6:32 pm Nomura signs MoU for LIC Mutual Fund stakeJapanese financial services major Nomura group signed a non-binding memorandum of understanding (MoU) with Life Insurance Corporation last week to explore possibilities of expanding ties.Source: Business Standard | Front Page Headlines | 5 Jul 2008 | 6:30 pm 'Foreigners need RBI nod to buy property in Tamil Nadu'The Tamil Nadu government Saturday said citizens of eight countries, including Sri Lanka and Pakistan, would need the Reserve Bank of India's (RBI) clearance before buying property in the state.Source: IndiaeNews.com: Business News | 5 Jul 2008 | 5:30 pm Time for homecoming for NRIsAfter living abroad for 3040 years, many NRIs are now joining a reverse flow into India, and investing in property back home. Many are looking for retirement or semiretirement homes that may later tempt their children or grandchildren into connections with India. But it can also be good investment.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 5:16 pm Buses emerge as preferred transportation in H\'bad, B\'loreAs airfares continues to rise and airlines cut down routes in the south, one industry is driving away with a windfall and that\'s bus operators. Buses are emerging the preferred choice of transport between Hyderabad and Bangalore.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 4:43 pm Minimum criteria for EPF scheme loweredThe Employee Provident Fund board meet has deferred its decision on setting interest rates for FY09, reports CNBCTV18. The board has okayed a proposal to lower threshold limits to a minimum of 10 employees for applicability to the EPF scheme. The board will meet again next month.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 4:15 pm Is Coimbatore the next BPO city?Popularly known as the Manchester of South India, Coimbatore\'s fame as a textile hub of the country is a wellknown fact. One can say that what Pune is to Mumbai, Coimbatore is to Chennai.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 4:09 pm Is Chennai fuel crunch harbinger of panIndia crisis?Even as Andhra hits upon a unique idea to battle rising crude prises, Chennai continues to struggle. The city grappled all week with a fuel supply crunch. Tata Motors chairman Ratan Tata, in the company\'s annual report, said that if fuel demand grows at 20%, there will be a supply crunch and warned that it will hit car sales.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 3:31 pm Biofuel is next big bet if crude continues to riseThe spike in crude prices has hurt every sector but one industry has taken off. That is the alternative fuel industry, also known as the biofuel industry. Andhra Pradesh is slowly becoming the hub for this sunrise sector.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 3:08 pm IEA sees oil easing, then tightening to 2013 - paperFRANKFURT (Reuters) - The situation on the oil market is likely to ease in 2009/2010 as more production comes onstream, then tighten again through 2013 as output falls and demand rises, the head of the International Energy Agency said.Source: Reuters: Money News | 5 Jul 2008 | 2:35 pm Kingfisher likely to buy into SpiceJetUB Group chairman Vijay Mallya is in talks with two major share holders of New Delhi-based low cost carrier SpiceJet to buy the airline.Source: Daily News & Analysis: Money News | 5 Jul 2008 | 1:14 pm Emerging India Awards: Retail Nonretail contendersThe CNBC TV18\'s emerging India awards recognizes and celebrates small and medium sized companies who have achieved success not only on Indian shores but globally.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 1:01 pm Kolkata hawkers protest against Spencer\'s agri retailHawkers of the Gariahat market in South Kolkata prevented the scheduled inauguration of a Spencer\'s large format retail store. It bore the brunt of organized resistance against large format agricultural retailing in Bengal.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 12:42 pm Tata\'s Star Bazaar faces realty roadblockTata\'s retail company Trent today opened its fourth Star Bazaar hypermarket. But the company has just managed to open four stores in four years and the main cause is real estate issues that have caused this snailpaced growth.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 12:34 pm Mounting losses force airlines to cut down staff, routesMounting losses are now forcing airlines to cut down on staff. Airlines say this is bound to happen since they have started cutting down on routes.Source: Moneycontrol Top Headlines | 5 Jul 2008 | 12:31 pm Axis bank to add 210 branches this fiscalThe private sector Axis bank proposes to add 210 branches nationally this fiscal of which 52 would be in the southern states, a top bank official on Saturday said.Source: Daily News & Analysis: Money News | 5 Jul 2008 | 11:59 am GNFC shuts ammonia, urea plants due to tech snagsMUMBAI (Reuters) - Gujarat Narmada Valley Fertilizers Co Ltd (GNFC) said on Saturday it shut several manufacturing units, including those making ammonia and urea, due to technical problems at its ammonia unit.Source: Reuters: Money News | 5 Jul 2008 | 11:54 am
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