|
|
|
|
HSBC's two key appointments in IndiaGlobal financial services major, HSBC on Monday announced two key appointments for its India operations.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 1:05 pm MTN seen eyeing Mexico after Reliance talks failJOHANNESBURG (Reuters) - South African mobile operator MTN Group may target Mexico's America Movil and other operators in India, Bangladesh and Pakistan in its bid to become a global player, analysts said on Monday.Source: Reuters: Money News | 21 Jul 2008 | 12:56 pm RCOM, RIL shares surge; MTN slidesIn first day of trade after talks for a possible merger between RCOM and MTN failed, shares of the Anil Ambani group firm on Monday surged about 3 per cent here.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 12:42 pm Maruti Suzuki Q1 net down 7 pct, beats f'castMUMBAI (Reuters) - Maruti Suzuki India Ltd, the country's top car maker, reported a smaller-than expected 7 percent fall in quarterly profit, as high costs of raw materials and a new depreciation policy outweighed higher sales.Source: Reuters: Money News | 21 Jul 2008 | 12:39 pm Rupee rises as political outlook brightensMUMBAI (Reuters) - The rupee rose on Monday on growing expectations the government would survive a crunch vote in parliament, which would ease global investors' fears of prolonged political uncertainty.Source: Reuters: Money News | 21 Jul 2008 | 12:37 pm Maruti Suzuki Q1 net at Rs 465.9 crMaruti Suzuki on Monday reported a net profit of Rs 465.9 crore in the first quarter of 2008-09, against Rs 499.6 crore during the same period of the last fiscal year.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 12:34 pm Cash rates near 6-mth high on CRR hike effectMUMBAI (Reuters) - Indian overnight cash rates ended close to six-month highs on Monday after the increase in banks' cash reserve ratio took effect over the weekend draining cash from the system.Source: Reuters: Money News | 21 Jul 2008 | 12:18 pm Petronet aims for new LNG deal next monthNEW DELHI (Reuters) - Petronet LNG hopes to sign a fresh 10-year deal to import up to 3.5 million tonnes a year of liquefied natural gas (LNG), leaving no scope for spot cargoes, the firm's head said on Monday.Source: Reuters: Money News | 21 Jul 2008 | 12:16 pm Roche offers to buy out Genentech for $43.7 billion !Swiss drugmaker Roche Holding AG (ROG.VX) offered to acquire all outstanding shares in its US partner Genentech Inc (DNA.N) for $43.7 billion.Source: Zee News : Business | 21 Jul 2008 | 12:14 pm Asian stocks leap in morning trade!Asian stocks rose sharply on Monday, helped by a smaller-than-expected loss at Citigroup that provided comfort about the financial sector`s stability ahead of more results this week from banks and industrial companies.Source: Zee News : Business | 21 Jul 2008 | 12:14 pm Tensions rise ahead of WTO meeting to nail Doha deal !Tensions were rising on Sunday a day ahead of a meeting of trade ministers from more than 30 countries to try to nail down a global trade accord before the arrival of a new US president early next year.Source: Zee News : Business | 21 Jul 2008 | 12:14 pm Oil prices higher in Asia after Iran nuclear talks stall!Oil prices were higher in Asian trade on Monday after weekend talks in Geneva aimed at convincing Iran to halt its nuclear programme made little progress, dealers said.Source: Zee News : Business | 21 Jul 2008 | 12:14 pm Sensex up 179 points to 13,814!The Bombay Stock Exchange benchmark Sensex moved up by 179 points in early trade on Monday on the back of widespread buying by funds, tracking the firm Asian markets.Source: Zee News : Business | 21 Jul 2008 | 12:14 pm Oberoi hotels among top three in AsiaOberoi Group's three hotels have been ranked as the best three in entire Asia and among the top six in the world by the Travel Plus Leisure World's Best Awards 2008.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 12:10 pm Kingfisher Airlines set to launch int'l ops in Sept - Moneycontrol.com
Source: Google News India - Business | 21 Jul 2008 | 11:56 am Mumbai realty prices to cool downHousing Dvelopment Infrastructure (HDIL) on Monday said a 20-25 per cent price fall is likely in the country's real estate sector, but Mumbai may be slightly insulated.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 11:55 am Audi to launch sports car R8 in IndiaAudi would launch its acclaimed sports car R8 in India in October-November as it seeks to build the brand in the Indian market, a top official of Audi India said.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 11:50 am WTO chief says Doha deal would stimulate growthGENEVA (Reuters) - Success in this week's World Trade Organisation Doha round talks would boost growth in a world economy threatened by rising food and energy prices and financial market turbulence, WTO Director-General Pascal Lamy said on Monday.Source: Reuters: Money News | 21 Jul 2008 | 11:49 am FACTBOX - Likely market reactions to confidence voteReuters - The parliament will hold a confidence vote on Tuesday which will decide the fate of the Congress party-led coalition government.Source: Reuters: Money News | 21 Jul 2008 | 11:47 am Mkts surged in late trade; banks, pharma - Moneycontrol.com
Source: Google News India - Business | 21 Jul 2008 | 11:47 am MTN's India adventure over - Hindu Business Line
Source: Google News India - Business | 21 Jul 2008 | 11:46 am Welspun Gujarat Stahl has order book of Rs 7200 cr - Moneycontrol.com
Source: Google News India - Business | 21 Jul 2008 | 11:45 am StanChart launches Smart Credit Gold OverdraftStandard Chartered Bank, on Monday launched 'Smart Credit Gold Overdraft', a product that would enable its customers to overdraw on their current accounts.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 11:32 am MTN's India adventure over: ReportsAfter collapse of talks with RCOM and a similar fate of negotiations with Bharti Airtel, The South African company might now open doors to other alternative offers.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 11:28 am Top mobile firms' Q1 net seen up on user growthNEW DELHI (Reuters) - India's top mobile operators, Bharti Airtel and Reliance Communications, are set to report quarterly profit jumped by a quarter as they ride a boom in the world's fastest growing mobile market.Source: Reuters: Money News | 21 Jul 2008 | 11:27 am BSNL's landline for Rs.20 in UPThe state-owned telecom major Bharat Sanchar Nigam Ltd (BSNL) will now provide basic phone connections in rural Uttar Pradesh at monthly instalments of Rs.20.Source: Daily News & Analysis: Money News | 21 Jul 2008 | 11:15 am Punjab Tractors Q1 net up 3-fold at Rs 22.4 crore - Hindu Business Line
Source: Google News India - Business | 21 Jul 2008 | 11:11 am Indian shares rise 1.6 pct, volume low on politicsMUMBAI (Reuters) - Indian shares rose 1.6 percent on Monday, extending gains to a third straight session, but volume was light as investors awaited a confidence vote in parliament that would decide the fate of the government.Source: Reuters: Money News | 21 Jul 2008 | 10:58 am Most CEOs expect govt to win trust vote - surveyNEW DELHI (Reuters) - A majority of chief executives of Indian companies expect the Congress party-led coalition government to win the vote of confidence in parliament on a proposed civil nuclear deal, a survey said on Monday.Source: Reuters: Money News | 21 Jul 2008 | 10:43 am New Executive Vice-President for EAAA - Business Standard
Source: Google News India - Business | 21 Jul 2008 | 10:42 am Tata Power picks 26% stake in Bhutan project - Business Standard
Source: Google News India - Business | 21 Jul 2008 | 10:07 am Auto firms to hike prices for the third time this year - Economic Times
Source: Google News India - Business | 21 Jul 2008 | 9:38 am If govt fails in LS, WTO talks may be called off - Business Standard
Source: Google News India - Business | 21 Jul 2008 | 9:30 am Bilcare, US firm make joint American acquisition - Sify
Source: Google News India - Business | 21 Jul 2008 | 9:28 am Petronet steps up efforts to procure more LNGBoard to discuss revised deal on supply from Exxon Mobil. New Delhi, July 20 The board of Petronet LNG Ltd on Monday is likely to consider the revised deal for liquefied natural gas (LNG) from Exxon Mobil’s interest in Australia’s ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am New age ‘BPO union’ takes workers’ stir to cyberspaceNew Delhi, July 20 The web is the new battleground for this new age eUnion! The BPO Union 2.0, formed recently, is attempting to reach out to BPO workers through blogs and e-mails, to highlight issues faced by call centre professionals and ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am NTPC (Rs 173.30) : BuyWe recommend a buy in National Thermal Power Corporation (NTPC) from a short-term perspective. From the charts of NTPC, we note that it had been on a medium-term downtrend from its early May 2008 peak of Rs 203 to its late June trough of Rs 148. ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am Dalal Street keenly watching political dramaToo many ifs and buts in forming a short-term outlook. External and internal triggers tossed the equity market last week. The Wall Street rally on July 16 and 17 resulted from the sharp drop in crude oil, better-than-expected earnings reports ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am Bears keep new demat accounts awayMumbai, July 20 As equity markets remain in a bear grip, the number of new investors coming to the bourses appears to be dwindling. This is evident from the figures for fresh demat accounts opened with the two depositories in the past three ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am Short-term pressure in gold likelySupport for yellow metal seen at $947; crude may dip in near term. Gold witnessed a roller-coaster ride last week, first tending to hit the $1,000-an-ounce mark, before running out of breath and closed lower than last week. Gold closed at ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am PM okays grant for APGenco, BHEL projectChennai, July 20 The Prime Minister, Dr Manmohan Singh, on Thursday approved a grant of Rs 350 crore for the 125-MW Integrated Gasification Combined Cycle (IGCC) project being put up at Vijayawada in Andhra Pradesh, by a joint venture of ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am ‘Dairy products prices may fall on rise in output, exports’Global dairy products prices are forecast to rule lower during 2008-09 (September-August) as rise in production and exports from the US and the European Union improve their availability in the world ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am What the G-8 meet failed to accomplishThe Hokkaido conference of G-8 nations has gained undue prominence in Indian politics because the Prime Minister, Dr Manmohan Singh, chose to attend the G-8 meet and had discussions with the US President, Mr George W. Bush, in the face of bitter ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am IT majors see climb-down on manpower additionCombined with marginal increase in attrition, decrease in pay hikes. Chennai, July 20 “When the environment is so uncertain, and our clients themselves are not sure how things would turn out in the next few months, why would we continue ...Source: Business Line - Home Page | 21 Jul 2008 | 12:00 am Tata Comm readies $2bn capexTata Communications, a global voice and data telecom provider with annual revenues of $2 billion, has identified '20 top emerging markets'.Source: Daily News & Analysis: Money News | 20 Jul 2008 | 10:59 pm World Bank to help Himachal Pradesh increase forest coverThe World Bank has agreed to extend the facility of carbon credit financing to Himachal Pradesh to encourage people to raise forests on private and community lands.Source: IndiaeNews.com: Business News | 20 Jul 2008 | 7:33 pm Government to set up National Skill Development CorpThe central government will set up a National Skill Development Corp (NSDC), a non-profit company, to promote technical training in the country in public-private partnership model, said Finance Minister P. Chidambaram here Sunday.Source: IndiaeNews.com: Business News | 20 Jul 2008 | 7:31 pm ICAI struggles to call fake CAs to accountWhen P S Shetty, a Mumbai-based chartered accountant, was summoned by the income tax authorities, he was surprised, not only by the call but also the documents shown to him.Source: Business Standard | Front Page Headlines | 20 Jul 2008 | 6:56 pm OIL, NHPC to test divestment watersGovt mulls US listing through ADRs. ??The government is fast-tracking the proposal to sell 10 per cent each in two public sector companies ? Oil India Ltd (OIL) and hydro-power generator NHPC Ltd.Source: Business Standard | Front Page Headlines | 20 Jul 2008 | 6:55 pm UPA`s survival hangs on seven MPsThe trust motion sponsored by the United Progressive Alliance (UPA) on July 21 and 22 threatens to end in a dead heat with only seven MPs standing between the UPA government's survival or fall.Source: Business Standard | Front Page Headlines | 20 Jul 2008 | 6:54 pm Import of n-technology necessary for India's energy securityIf India did not import nuclear technology or fuel - that the US nuclear deal is expected to facilitate - then it could face an unmanageable deficit in electricity demand that could balloon to 412 giga watts (GWe) or 412 billion watts by 2050.Source: IndiaeNews.com: Business News | 20 Jul 2008 | 1:00 pm Educational institutes under fire for unauthorised foreign tie-upsTechnical education institutes and B-schools competing with each other to find partners abroad have run into trouble with the authorities terming many such ties-ups as illegal.Source: IndiaeNews.com: Business News | 20 Jul 2008 | 12:30 pm
|
