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See 4550% FY09 growth in equipment finance biz: SREI InfraHemant Kanoria, MD, SREI Infrastructure Finance, expects 4550% growth to continue on the equipment financing side. \"We are not seeing any slowdown on equipment financing. On the infrastructure side, there may be a slowdown which may take place in the next quarter.\"Source: Moneycontrol Top Headlines | 7 Jul 2008 | 3:25 pm Cadila Healthcare to demerge consumer products armCadila Healthcare may demerge its consumer products division into Carnation Nutura, reports CNBCTV18. Shareholders will get four shares in Carnation for every 15 shares held in Cadila Healthcare.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 2:41 pm SuzlonArcapita Bk JV to buy Honiton EnergySuzlon has said that it will form a joint venture with Arcapita Bank for wind energy and the company will invest USD 2 billion for the same. The JV will develop 1,650 MW wind energy in China. CNBCTV18 has learnt that the SuzlonArcapita Bank joint venture will buy Honiton Energy.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 2:14 pm MTNRComm exclusivity ends: Road ahead for the dealThe 45day exclusivity period gets over on July 8. It has been reported that Reliance Communications may get 20% fresh issue in MTN and the move will skirt public offer. Sources in ADAG said this exclusivity period could be extended by 23 weeks. There is a possibility that the deal structure could be changed.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 1:44 pm Spicejet to issue fresh equity to WL RossSpiceJet is in advanced stages of talks with venture capitalist WL Ross. SpiceJet was approached by Kingfisher but SpiceJet did not accept their proposal. Spicejet feels that Kingfisher can compromise on brand and change business model of SpiceJet.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 1:41 pm Windfall tax: India Infoline sees no shortterm impactPrayesh Jain, Oil and Gas Analyst of India Infoline is of the view that refiners like Reliance and RPL could get impacted if the tax is imposed in the current year but overall as per the current news, no major stocks in the recent lot should get impacted.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 12:58 pm Textile Min seeks removal of 14% import duty on cottonThe Textile Ministry is seeking removal of the 14% import duty on cotton, according to NewsWire18 reports. There are no plans to impose export duty on cotton. They also have no plans to ban cotton exports.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 12:54 pm MTN, Reliance may extend talks: WSJ!South African mobile phone operator MTN Group Ltd and India`s Reliance Communications Ltd may continue their tie-up talks beyond Tuesday`s deadline, the Wall Street Journal reported on Sunday.Source: Zee News : Business | 7 Jul 2008 | 12:20 pm Oil prices ease after Iran offers to negotiate on nuke drive!Oil prices eased in Asian trading on Monday after Iran offered over the weekend to negotiate on its nuclear drive, dealers said.Source: Zee News : Business | 7 Jul 2008 | 12:20 pm G8 Summit opens in Japan!The Group of Eight industrialised nations on Monday launched their annual summit in Japan with surging oil and food prices and climate change set to dominate the agenda.Source: Zee News : Business | 7 Jul 2008 | 12:20 pm Sensex up 260 pts in early trade!The Bombay Stock Exchange benchmark Sensex rose by 260 points in early trade on Monday on sustained buying by funds in heavy-weight stocks.Source: Zee News : Business | 7 Jul 2008 | 12:20 pm MCX to start ATF trading for 1st time!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 of high crude prices.Source: Zee News : Business | 7 Jul 2008 | 12:20 pm Bush says backs strong dollar policy!US 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: Zee News : Business | 7 Jul 2008 | 12:20 pm TVS Motor sees 15-20 pct rise in FY09 2-wheeler salesNEW DELHI (Reuters) - TVS Motor Co Ltd, India's third biggest motorcycle maker, said it expects a 15 percent to 20 percent rise in two-wheeler sales in FY09, helped by its portfolio of bikes and higher demand, its marketing chief said on Monday.Source: Reuters: Money News | 7 Jul 2008 | 10:30 am State Bank of Travancore raises key lending rateMUMBAI (Reuters) - State Bank of Travancore said on Monday it has raised its benchmark prime lending rate by 50 basis points to 13.5 percent with retrospective effect from July 1.Source: Reuters: Money News | 7 Jul 2008 | 10:23 am Obama, McCain set to duel over economyPHOENIX (Reuters) - The U.S. presidential candidates will duel over the economy this week, with Republican Sen. John McCain touting proposals he says will stimulate job growth and Democratic Sen. Barack Obama discussing economic security for families.Source: Reuters: Money News | 7 Jul 2008 | 10:19 am Blogging - an effective advertising medium?Amitabh Bachchan, Aamir Khan and Ajay Devgan are among the many celebrities who have become avid bloggers.Source: Daily News & Analysis: Money News | 7 Jul 2008 | 10:19 am TVS Motors to launch 160CC Apache RTR todayTVS Motors will launch the 160CC Apache RTR today. When contacted, TVS confirmed the launch, reports CNBCTV18.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 10:16 am Indian shares provisionally end 0.4 pct upNEW DELHI (Reuters) - India's main stock index provisionally rose 0.36 percent on Monday, led by Infosys Technologies and State Bank of India, but there was little conviction in the recovery.Source: Reuters: Money News | 7 Jul 2008 | 10:08 am Merkel: G8 must talk to emerging countries on oilTOYAKO, Japan (Reuters) - German Chancellor Angela Merkel urged the Group of Eight rich nations on Monday to bring big emerging countries such as China and India into the discussion on soaring oil prices.Source: Reuters: Money News | 7 Jul 2008 | 10:03 am Kerala set to face water shortage due to poor monsoonKerala is likely to face severe water shortage since poor monsoon rains this year have led to inadequate storage in dams, Water Resources Minister N.K. Premachandran said Monday.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 9:37 am BHEL bags order from APGENCO - India Infoline.com
Source: Google News India - Business | 7 Jul 2008 | 9:35 am Target small firms in Germany, envoy tells India IncIndian business can expand its footprint in Germany through buying out small and mid-sized German enterprises, the country's consul general in Mumbai Walter Stechel said here.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 9:31 am L and amp;T bags orders worth Rs.4.46 bnEngineering and construction major Larsen and Toubro Ltd (L and amp;T) has bagged orders worth Rs.4.46 billion from JSW Power Transco Ltd for evacuation of power from the 1200 megawatt project set up by sister company JSW Energy at Ratnagiri in Maharashtra.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 9:30 am Rupee falls as importers buy dollars, stocks help - Reuters India
Source: Google News India - Business | 7 Jul 2008 | 9:28 am India gold softens, but buyers eye further lowsMUMBAI (Reuters) - India's gold prices softened on Monday, helped by a stronger dollar in foreign markets, but local demand received only a feeble fillip, dealers said.Source: Reuters: Money News | 7 Jul 2008 | 9:26 am Block deal in Spice Comm for 40.9 pct equityMUMBAI (Reuters) - A block deal was struck for 282.4 million shares of Spice Communications Ltd, amounting to 40.9 percent of equity, at 74 rupees each on the BSE Monday.Source: Reuters: Money News | 7 Jul 2008 | 9:24 am Suzlon-Arcapita Bk JV to buy Honiton Energy - Moneycontrol.com
Source: Google News India - Business | 7 Jul 2008 | 9:23 am Rupee falls as importers buy dollars, stocks helpMUMBAI (Reuters) - The Indian rupee weakened on Monday on dollar demand from importers after the U.S. unit gained against other currencies, but a rise in local stocks helped curb losses, traders said.Source: Reuters: Money News | 7 Jul 2008 | 9:21 am Indian cos opt for share buyback as stocks slideMUMBAI (Reuters) - More and more Indian companies are opting to buy back shares from the open market to stem falling share prices as lower valuations provide an attractive buying opportunity for founders.Source: Reuters: Money News | 7 Jul 2008 | 9:18 am Equity markets extend gain by early afternoonIndian equity markets extended their gains by early Monday afternoon, with metal, realty, power, capital goods and power stocks in demand.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 8:58 am Daimler, Hero to build truck plant in Chennai - India Infoline.com
Source: Google News India - Business | 7 Jul 2008 | 8:58 am Singapore Airlines to double daily flights from DelhiSingapore Airlines is working on an aggressive expansion plan in India, beginning with doubling its daily flights from New Delhi from September.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 8:55 am EU to offer $ 1.6 billion farm aid to developing nations - Hindu
Source: Google News India - Business | 7 Jul 2008 | 8:54 am UTI defers $480mln share sale plan - sourcesMUMBAI (Reuters) - India's UTI Asset Management has put off plans for a $480 million share sale after falling stocks hit sentiment, joining other firms that have pulled or deferred offerings, six sources with direct knowledge of the matter said.Source: Reuters: Money News | 7 Jul 2008 | 8:49 am India`s wheat prodn. to fall by 0.45 ton :Assocham - Myiris.com
Source: Google News India - Business | 7 Jul 2008 | 8:37 am BHEL set to win Rs 2,500cr AP order for boilersPublic sector power equipment major, BHEL, is set to win the order for boilers for the 1,600MW Krishnapatnam power project of Andhra Pradesh Power Generation Corporation Ltd (APGENCO). BHEL beat the LTMitsubishi Heavy Industries (MHI) joint venture to the order by a very slim margin, it is learnt.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 8:36 am LT splits ECC division into fourLarsen Toubro will split its Engineering Construction and Contract (ECC) division into four separate companies soon, according to Mr J. Ganguly, Executive VicePresident, LT Ltd.Source: Moneycontrol Top Headlines | 7 Jul 2008 | 8:34 am ATF futures price in red - Hindu Business Line
Source: Google News India - Business | 7 Jul 2008 | 8:31 am MTN-R-Comm exclusivity ends: Road ahead for the deal - Moneycontrol.com
Source: Google News India - Business | 7 Jul 2008 | 8:27 am Diamond protest ends in death - Calcutta Telegraph
Source: Google News India - Business | 7 Jul 2008 | 8:14 am L&T bags Rs 446 cr order from JSW Power - Financial Express
Source: Google News India - Business | 7 Jul 2008 | 8:10 am Pest attacks in Assam plantations hit tea productionIndia's tea production has been hit with rampant pests eating away the crop, adding to the woes of the cash-strapped tea industry in the northeastern state of Assam, officials said Monday.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 7:30 am Early trade sees modest gains in equity marketsIndian equity markets recorded modest gains in early trade Monday, mirroring strong cues from other Asian markets. There was buying interest in banking, power and capital goods stocks.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 5:00 am Equity markets open on mixed noteIndian equity markets had a mixed opening Monday.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 4:30 am IT options growing for SMEsYou could call it toys-for-boys, but it's also turning into something more serious. Computer hardware is turning into a vital tool for small and medium enterprises (SMEs) across India to get that competitive edge.Source: IndiaeNews.com: Business News | 7 Jul 2008 | 4:00 am Another bumpy week on the cardsInfy, Edelweiss Q1 results could throw some lightSource: Business Line - Home Page | 7 Jul 2008 | 12:00 am PM to take up fuel price issue, need for action plan at G8 meetNew Delhi, July 6 The Prime Minister, Dr Manmohan Singh, plans to highlight at the G8/G5 outreach summit not only the impact of the sharp rise in fuel prices on the global economy but also the need for joint action by both producing and ...Source: Business Line - Home Page | 7 Jul 2008 | 12:00 am Tractor cos relying more on pvt banks, NBFCs to boost salesAs public sector banks make lending norms more stringentSource: Business Line - Home Page | 7 Jul 2008 | 12:00 am Corporates pruning health insurance cover for staffHigh premium, claims cause for restrictionsSource: Business Line - Home Page | 7 Jul 2008 | 12:00 am ‘US airlines will have to raise fares’Source: Business Line - Home Page | 7 Jul 2008 | 12:00 am Armed forces’ skills shine in corporate armourSource: Business Line - Home Page | 7 Jul 2008 | 12:00 am L&T splits ECC division into fourKolkata, July 6 Larsen & Toubro will split its Engineering Construction and Contract (ECC) division into four separate companies soon, according to Mr J. Ganguly, Executive Vice-President, L&T Ltd. The four functional areas ...Source: Business Line - Home Page | 7 Jul 2008 | 12:00 am Analysts see investment opportunities as stocks take a sharp beating`Overall sentiment could improve in the next 12-18 months'Source: Business Line - Home Page | 7 Jul 2008 | 12:00 am Bay whirl hangs too far east for south’s comfortThiruvananthapuram, July 6 An upper air circulation has materialised over the Bay of Bengal on Sunday, but too far east (as against a more westerly bearing seen in earlier forecasts) for rain-deficit southern peninsula’s comfort. ...Source: Business Line - Home Page | 7 Jul 2008 | 12:00 am Sliding rupee to support Q1 earnings of cosIT industry will, however, prefer a stable currencySource: Business Line - Home Page | 7 Jul 2008 | 12:00 am Marketing in these difficult timesCrude oil prices have crossed the $143 mark even as I pen this piece.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:42 pm Practical strategistDinesh Jain, CEO of Zee Turner, the joint venture between media giants Essel group and Turner International, says understanding the consumer is paramount for any business.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:38 pm Whoever said the India code was easy to crack?There is no disputing India's hallowed position as a destination for offshoring information technology work to reduce costs, improve efficiency and shorten the time to market.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:37 pm 'Bulls are nervous; bears aren't convinced'Chartered Accountancy may teach you the best math required to gauge the depth of a company. However, it may not teach you how to 'unlearn and learn'.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:34 pm Build emergency fund, raise life coverArun (45) has been working with a private bank for the last three years. He has had a successful banking career so far.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:31 pm Cooling down in politics, oil offers hopeWhen do you know you are not in love? Senior Left leader AB Bardhan said on Saturday the Left will know it even before the PM returns from the G8 summit.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:28 pm Shortage of guinea pigs hits clinical trials in IndiaWhen Ravi Kumar first heard about clinical trials for a new hypertension drug being conducted, he was excited about volunteering for it.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:26 pm Emerging marts may rally, but not India, ChinaThe emerging markets, which have been dragged down by a US slowdown, dizzy oil prices and shock inflation, may rebound in the third quarter, led by Russia and Brazil.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:22 pm Rain gods smile, could help douse inflation fireWith the government and the Reserve Bank of India virtually throwing in the towel, the conquest of inflation now seems to rest on the rain gods and they are certainly in a benign mood.Source: Daily News & Analysis: Money News | 6 Jul 2008 | 10:21 pm Govt hurdle in ADAG power plansAny surplus should be used to generate additional power that should be sold through a tariff bidding process.Source: Business Standard | Front Page Headlines | 6 Jul 2008 | 7:16 pm Rural FMCG markets outpace urban IndiaWinds of change are blowing across the fast-moving consumer goods market (FMCG).Source: Business Standard | Front Page Headlines | 6 Jul 2008 | 6:56 pm Crisis looms as global gas supplies dry upIndia faces a new energy crisis ? unavailability of gas in the international market ? that could worsen power supplies and impact a wide range of industries.Source: Business Standard | Front Page Headlines | 6 Jul 2008 | 6:54 pm Q1 results: Analysts hopeful, companies cautiousFew earnings seasons are awaited with such trepidation as the one for the June 2008 quarter.Source: Business Standard | Front Page Headlines | 6 Jul 2008 | 6:51 pm Tea Board to rap companies for defaultsThe Tea Board ofr India would shortly issue notices to five tea exporters for not adhering to quality and quantity commitment for Iraq consignment, said a union minister here Sunday.Source: IndiaeNews.com: Business News | 6 Jul 2008 | 2:30 pm
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