How to blame the boss at the exit interview

If you were ready to leave your job, would you be comfortable complaining about your boss to the company\'s HR department? Not really. That\'s what companies have realised. More and more organisations are now outsourcing their exit interviews.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 6:20 pm

Yatra Capital invests €4.4m in 200room Taj Hotel

Yatra Capital has invested €4.4 million in the upcoming Taj Hotel in Kolkata to be managed by Indian Hotels, reports CNBCTV18. It will jointly develop a 200room business hotel with Jalan Intercontinental Hotels Pvt. Indian Hotels would operate the hotel under the Taj Gateway brand.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 5:15 pm

Air India to rationalise routes, save Rs600cr: Praful Patel

Praful Patel has said that Air India will cut services on lossmaking routes. According to him, this may save Rs 600 crore on route rationalization.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 5:13 pm

Oil Min aims to rosolve RIL, RNRL case

Oil Ministry said that it aims to have the RIL and RNRL matter settled one way or the other. They have submitted an application to Mumbai High Court to become a party to the case and said that there would be no need to file a rejoinder. It added that the court would decide if the government could be party to case.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 4:48 pm

Is Logan\'s dismal show souring Renault MM JV

Is the lacklustre performance of the Logan casting a shadow over the Renault MM joint venture? Comments from Renault’s Executive Vice President of sales and marketing seem to suggest that all may not be well. He says there is a need to revise Logan strategy in India.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 4:41 pm

GVK eyes 25% sale in power biz to 3 PE players

GVK Power stock has gone up 25% in three days as the company is in talks with three private equity, or PE, funds to sell 25% stake in its power business. The buzz is that the three players include Blackstone Group, Carlyle, and General Atlantic.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 3:16 pm

Strides Arcolab, GSK in branded generics biz deal

Strides Arcolab and GlaxoSmithKline have entered in a deal for branded generics biz globally, through Strides’ Products. The company will license out products to GSK for more than 80 countries. GSK Pharma alliance will be with existing StridesAspen joint venture.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 3:14 pm

Only immediate rains can save cotton crop: Arvind Mills

Naishad Parikh, HeadPolicy Initiatives and Representative of Arvind Mills feels that some immediate rains can definitely correct the cotton crop situation to a certain extent. \"The crops in Maharashtra, Madhya Pradesh, Rajasthan and to some extent Gujarat wherever irrigation is not possible the crop may get affected.\"
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 1:14 pm

India, softening tone, welcomes U.S. move at WTO

GENEVA (Reuters) - India welcomed a move by the United States to limit its farm subsidies as part of talks for a global trade deal, India's trade minister said on Wednesday, adopting a more positive tone than earlier in the day.

Source: Reuters: Money News | 23 Jul 2008 | 12:59 pm

UPA looking to push reforms

Free from the clutches of the Left parties, Finance Minister P Chidambaram said on Wednesday that the government would try to speed up reforms
Source: Daily News & Analysis: Money News | 23 Jul 2008 | 12:41 pm

India's markets greet government win with relief

MUMBAI (Reuters) - India's financial markets rallied on Wednesday in relief the government had won a confidence vote which could lead to it reviving stalled reforms, with the rupee surging against the dollar and shares jumping nearly 6 percent.

Source: Reuters: Money News | 23 Jul 2008 | 12:35 pm

FM eyes Insurance Bill clearance in Parliament

Finance Minister P Chidambaram has said that the current inflation is driven by crude and oil prices reports CNBCTV18 quoting Newswire 18. Chidambaram said that he would try to clear the Insurance Bill in the parliament, the report said.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 12:23 pm

Strides Arcolab, GSK in branded generics biz deal - Moneycontrol.com


India Infoline.com

Strides Arcolab, GSK in branded generics biz deal
Moneycontrol.com - 55 minutes ago
Strides Arcolab and GlaxoSmithKline have entered in a deal for branded generics biz globally, through Strides’ Products. The company will license out products to GSK for more than 80 countries.
Strides Arcolab shares surge on GSK-Aspen deal Reuters India
Shares of Strides Arcolab have rallied by over 22% to Rs180 India Infoline.com
Myiris.com - iAfrica.com
all 9 news articles

Source: Google News India - Business | 23 Jul 2008 | 12:19 pm

Crompton Greaves Q1 net up 36% at Rs 122.61 crore - Hindu Business Line


Crompton Greaves Q1 net up 36% at Rs 122.61 crore
Hindu Business Line - 59 minutes ago
MUMBAI: Electrical equipment manufacturer Crompton Greaves on Wednesday announced a consolidated net profit of Rs 122.61 crore for the quarter ended June 30, a 36.38 per cent increase over the previous year quarter.
Crompton Greaves net rise 26% in Q1 Business Standard
Brokers rush in where FIIs fear to trade Economic Times
Trading Markets (press release) - Business Standard
all 6 news articles

Source: Google News India - Business | 23 Jul 2008 | 12:15 pm

Hurricane Dolly Strengthens Near Texas-Mexico Border (Update3) - Bloomberg


Voice of America

Hurricane Dolly Strengthens Near Texas-Mexico Border (Update3)
Bloomberg - 1 hour ago
By Gregory Viscusi July 23 (Bloomberg) -- Hurricane Dolly strengthened in the Gulf of Mexico as it approached the Texas-Mexico border and may grow into a Category 2 storm before making landfall today, US forecasters said.
Video: Dolly Takes Aim at Texas As Cat. 1 Hurricane AssociatedPress
Oil trading company files for bankruptcy Financial Times
Economic Times - Reuters UK - Hindu - Business Standard
all 5,954 news articles

Source: Google News India - Business | 23 Jul 2008 | 12:13 pm

India says rich world must give more for WTO deal

GENEVA (Reuters) - India's trade minister dismissed on Wednesday a move by the United States to unblock world trade talks but behind closed doors, negotiators were inching forward in their bid to rescue a deal, officials said.

Source: Reuters: Money News | 23 Jul 2008 | 12:09 pm

FACTBOX - Subsidy issues in WTO's Doha round farm talks

REUTERS - World Trade Organisation (WTO) members are trying to reach broad agreement on reforms to farm trade.

Source: Reuters: Money News | 23 Jul 2008 | 11:58 am

Is Logan's dismal show souring Renault- M&M JV - Moneycontrol.com


Moneycontrol.com (press release)

Is Logan's dismal show souring Renault- M&M JV
Moneycontrol.com - 1 hour ago
By Swati Khandelwal, CNBC-TV18 Is the lacklustre performance of the Logan casting a shadow over the Renault- M&M joint venture?
Mahindra Renault may export Logan cars from India Reuters
Mahindra Renault to drive 'Logan' in overseas mkt Business Standard
Hindu Business Line - Business Standard
all 14 news articles

Source: Google News India - Business | 23 Jul 2008 | 11:55 am

Fitch assigns A(ind)'/'F1(ind) to Mahindra Holidays Bk loan - Moneycontrol.com


Fitch assigns A(ind)'/'F1(ind) to Mahindra Holidays Bk loan
Moneycontrol.com - 1 hour ago
Fitch Ratings has today assigned a National Issuer rating of 'A(ind)' to Mahindra Holidays and Resorts (India) Limited (MHRIL).
TEXT-Fitch release on Liberty Oil Mills Limited Reuters India
TEXT-Fitch release on AD Hydro Power Limited Reuters UK
Reuters UK
all 7 news articles

Source: Google News India - Business | 23 Jul 2008 | 11:55 am

Yahoo profit falls, 2008 outlook remains intact!

Yahoo Inc on Tuesday posted a nearly 19 percent fall in net profit, and net revenue short of lowered Wall Street expectations, as it faced a weakening economy and the distraction of Microsoft Corp`s pursuit.
Source: Zee News : Business | 23 Jul 2008 | 11:46 am

3G policy, 2G spectrum pricing may now see light of the day!

With the government surviving the trust vote, a slew of policies in telecom sector, including the much-awaited 3G spectrum policy, may now see the light of the day.
Source: Zee News : Business | 23 Jul 2008 | 11:46 am

Markets cheer UPA win, up 669 pts!

Buoyed by the ruling UPA government`s victory in the trust vote, the Bombay Stock Exchange benchmark sensex surged over 669 points in early trade today on heavy purchase by funds. The rising trend was further supported by firming trends in the global markets.
Source: Zee News : Business | 23 Jul 2008 | 11:46 am

Oil drops below US$128 a barrel in Asia!

Oil prices slipped further on Wednesday after tumbling more than US$3 a barrel in the previous session as a hurricane looked likely to spare key oil installations in the US Gulf of Mexico. Traders in Asia awaited the release of US oil supply data later in the day that was expected to show a rise in gasoline stocks amid weakening demand in the world`s largest energy consumer.
Source: Zee News : Business | 23 Jul 2008 | 11:46 am

Tata open to Fiat selling Nano!

Tata Motors Ltd is open to Italy`s Fiat SpA helping to sell the ultra-cheap Nano model overseas, chairman Ratan Tata said on Tuesday.
Source: Zee News : Business | 23 Jul 2008 | 11:46 am

TRAI issues show-cause notice against ESPN over DTH tariff - TopNews


TRAI issues show-cause notice against ESPN over DTH tariff
TopNews - 1 hour ago
A new direction was given to the war between ESPN and DTH operators over the pricing of sports channel on Tuesday when sector regulator Telecom Regulatory Authority of India (TRAI) issued a show-cause notice to ESPN Software India.
TRAI issues show cause notice to ESPN Sify
TRAI slaps notice on ESPN over DTH tariff Economic Times
Business Standard - Financial Express - Daily News & Analysis - Indiantelevision.com
all 20 news articles

Source: Google News India - Business | 23 Jul 2008 | 11:39 am

Rupee rises to 2-month high after govt wins vote

MUMBAI (Reuters) - The Indian rupee rose to its highest in more than two months on Wednesday, helped by a rally in local shares after a victory for the ruling coalition raised hopes for reviving stalled economic reforms.

Source: Reuters: Money News | 23 Jul 2008 | 11:31 am

Biggest single day gain for Sensex; Bankex up 10% - Moneycontrol.com


Sify

Biggest single day gain for Sensex; Bankex up 10%
Moneycontrol.com - 1 hour ago
Markets closed at day’s high after D day verdict as UPA government has won vote of confidence by 19 votes wherein 275 seats were in favour of them and 256 in against of them.
Sensex surges 838 pts as bulls go on rampage Sify
Market cheers UPA win, Sensex ends 6% up Economic Times
NDTV.com - India Infoline.com - Press Trust of India - Business Standard
all 263 news articles  हिन्दी मे

Source: Google News India - Business | 23 Jul 2008 | 11:28 am

UPA looking to push reforms - Business Standard


IBNLive.com

UPA looking to push reforms
Business Standard - 1 hour ago
PTI / Jaipur July 23, 2008, 16:47 IST Free from the clutches of the Left parties, Finance Minister P Chidambaram today said the government would try to speed up reforms that could see passage of bills, including the insurance legislation.
UPA wins trust vote: Good times for banks ahead? Moneycontrol.com
BJP obliged to support key Hindustan Times
NDTV.com - Press Trust of India - Zee News - Moneycontrol.com
all 23 news articles

Source: Google News India - Business | 23 Jul 2008 | 11:26 am

Boeing ups India aircraft order forecast by 10 pct

MUMBAI (Reuters) - Boeing Co sees an uptick in demand for aircraft in India, despite a current downturn in the domestic aviation market on account of high fuel prices and overcapacity, a senior company official said on Wednesday.

Source: Reuters: Money News | 23 Jul 2008 | 11:24 am

Blue Dart to raise courier charges to offset ATF price hike - Hindu


Blue Dart to raise courier charges to offset ATF price hike
Hindu - 2 hours ago
Kolkata (PTI): India's largest courier company Blue Dart, which operates its own fleet of aircraft, on wednesday said it would raise charges by up to 15 per cent to offset the spurt in jet fuel prices.
UPDATE 1 - Blue Dart Express plans 2-bln-rupee capex in 2008-MD Reuters India
Blue Dart eyes Lanka, Dubai, S'pore connectivity Business Standard
Reuters India
all 7 news articles

Source: Google News India - Business | 23 Jul 2008 | 11:10 am

Ranbaxy launches generic Amlodipine tablets in Japan - Economic Times


India Infoline.com

Ranbaxy launches generic Amlodipine tablets in Japan
Economic Times - 2 hours ago
Mumbai: Pharma major Ranbaxy on Wednesday said it has launched hypertension drug Amlodipine tablets in Japan. The company launched its first independently developed generic drug Amlodipine tablets in 2.5 mg and 5 mg variants in Japan, ...
Ranbaxy launches its generic product in Japan Business Standard
Ranbaxy launches amlodipine tablets on day-1 in Japan Myiris.com
all 7 news articles

Source: Google News India - Business | 23 Jul 2008 | 11:09 am

Coca-Cola brings 'purity' factor to Kinley

Global soft drinks major Coca-Cola is going for a major re-branding of its packaged drinking water, Kinley to push sales on the 'purity' plank.
Source: Daily News & Analysis: Money News | 23 Jul 2008 | 10:53 am

Oil falls to $126, storm concern eases

LONDON (Reuters) - Oil dropped to $126 a barrel on Wednesday, falling for a second straight session, as concern eased that Hurricane Dolly would hit Gulf of Mexico crude supply.

Source: Reuters: Money News | 23 Jul 2008 | 10:50 am

Renault to drive 'Logan' overseas

Mahindra Renault, the joint venture between homegrown auto major Mahindra & Mahindra and French carmaker Renault, plans to export its value-for-money sedan 'Logan'.
Source: Daily News & Analysis: Money News | 23 Jul 2008 | 10:38 am

Lightweight gold gains popularity in Indian market

Heavy bangles, chokers, chains, elaborated pendants and chandelier earrings in gold that were once a sign of prosperity were sidelined by sparkling diamonds. But after more than a decade, the yellow metal has made a comeback in the new avatar of lightweight jewellery.
Source: IndiaeNews.com: Business News | 23 Jul 2008 | 10:31 am

CII launches signature campaign on ecology

The Confederation of Indian Industry (CII) has launched a signature campaign here to promote ecologically sustainable business growth.
Source: IndiaeNews.com: Business News | 23 Jul 2008 | 10:30 am

Kingfisher plans to fly to Pak by Sept

Vijay Mallya-promoted Kingfisher Airlines, which plans to start its international flights by September this year, is looking to fly to neighbouring country Pakistan in the same month.
Source: Daily News & Analysis: Money News | 23 Jul 2008 | 10:25 am

Hefty gains in equity markets by early afternoon

Indian equity markets were trading with a hefty gain early Wednesday afternoon, buoyed since morning by the government's victory in the trust vote the evening before. There was buying interest in banking, capital goods, metal, oil and gas stocks.
Source: IndiaeNews.com: Business News | 23 Jul 2008 | 10:01 am

Sesa Goa net up by 378 percent in first quarter

Vedanta Resources-promoted Sesa Goa Ltd (SGL) has announced a consolidated net profit of $158.26 million (Rs.6.33 billion) during the first quarter this fiscal compared to $32.83 million (Rs.1.31 billion) for the same period last year, recording a growth of 378 percent.
Source: IndiaeNews.com: Business News | 23 Jul 2008 | 10:01 am

INTERVIEW - Pension chief wants speedy reforms

NEW DELHI (Reuters) - India's pension fund regulator said on Wednesday he would urge the government, fresh from victory in a parliamentary confidence vote, to push forward with legislation to allow foreign investment in the sector.

Source: Reuters: Money News | 23 Jul 2008 | 9:58 am

Gupta sacked as infoGROUP chairman

US-based business and consumer database provider infoGROUP has removed its Indian-origin founder Vinod Gupta from the post of its Chairman, following a shareholder lawsuit.
Source: Daily News & Analysis: Money News | 23 Jul 2008 | 9:55 am

India gold dips, sales heavy "like good old days"

MUMBAI (Reuters) - Indian gold fell in tandem with foreign markets, breaking below the psychological 13,000 rupees per 10 grams mark, prompting heavy buying by traders and jewellers, stocking up for the upcoming season, dealers said.

Source: Reuters: Money News | 23 Jul 2008 | 9:24 am

Lightweight gold gains popularity in India

Heavy bangles, chokers, chains, elaborated pendants and chandelier earrings in gold that were once a sign of prosperity were sidelined by sparkling diamonds.
Source: Daily News & Analysis: Money News | 23 Jul 2008 | 8:48 am

India unlikely to see major reforms before election

NEW DELHI (Reuters) - The government has regained political momentum after surviving a confidence vote in parliament, but optimistic talk about restarting stalled economic reforms could be overblown, analysts said.

Source: Reuters: Money News | 23 Jul 2008 | 8:47 am

Corporation Bank increasing branchless banking units

Corporation Bank, which has initiated branchless banking units to reach the people in unbanked areas, is gradually increasing the number of such units in rural areas. In addition to this, the bank is expanding the facility to dairy farmers and for making payments under the NREG (national rural employment guarantee) scheme.
Source: Moneycontrol Top Headlines | 23 Jul 2008 | 8:44 am

Vodafone to repurchase shares worth 1 bn

Concerned over the sharp plunge in its share price over the recent past, world's largest mobile player Vodafone on Wednesday said it would buy back shares.
Source: Daily News & Analysis: Money News | 23 Jul 2008 | 8:36 am

Ahmedabad stadium may get Rs.100 mn makeover

With Indian Cricket League (ICL) eyeing the Sardar Patel Stadium here, civic authorities in this Gujarat city are likely to ask the sports body to spend Rs.100 million on its facelift, officials said Wednesday.
Source: IndiaeNews.com: Business News | 23 Jul 2008 | 7:30 am

Equity markets maintain surge morning after trust vote

Indian equity markets started a quick climb Wednesday, the morning after the United Progressive Alliance government won the crucial trust vote in parliament, and maintained the upward movement in the first hour of trading.
Source: IndiaeNews.com: Business News | 23 Jul 2008 | 6:01 am

Morning after trust vote, equity markets shoot up

Indian equity markets shot up the morning after the United Progressive Alliance government of Prime Minister Manmohan Singh comfortably won a crucial trust vote in parliament.
Source: IndiaeNews.com: Business News | 23 Jul 2008 | 5:00 am

A victory soured by corruption allegations

Chennai, July 22 As expected the United Progressive Alliance Government won the trust motion in Lok Sabha, but the principal Opposition party, the BJP, ensured the victory was sullied by serious allegations of attempts by one of the ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

‘Hyde Act cannot interfere with 123 Agreement implementation’

The Finance Minister, Mr P. Chidambaram, has said in the Lok Sabha that the Hyde Act of the US does not bind India and cannot interfere with the implementation of the 123 agreement for civil nuclear cooperation between the two countries. ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

Tata Elxsi (Rs 176.95): Sell

We recommend a sell in Tata Elxsi from a short-term perspective. It is evident from the charts of Tata Elxsi that it had been on a medium-term uptrend between March 2008 and June 2008 (from a low of Rs 138 to a high of Rs 223). ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

Market players see short-term rally

Mumbai, July 22 The winning of the trust vote, by the Government, could give a boost to stocks, but that may be short-lived, as the outcome was a foregone conclusion, said ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

Govt wins trust vote

High drama in House as 3 BJP MPs wave cash, allege bribery. New Delhi, July 22 The ruling United Progressive Alliance government comfortably sailed through on Tuesday the trust vote moved by the Prime Minister, Dr Manmohan Singh, in the Lok ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

‘Dr Reddy’s Lab not open for sale’

Hyderabad, July 22 Pharma major Dr Reddy’s Laboratories Ltd is not open for sale, according to Dr K. Anji Reddy, its ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

Nuclear deal not to interfere with India’s strategic programme: PM

‘The deal will not prevent further nuclear tests’. New Delhi, July 22 The Prime Minister, Dr Manmohan Singh, today asserted in the Lok Sabha that the proposed nuclear deal with the US and other nuclear power countries would enable ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

Day Trading Guide

Initiate fresh long-position only if the stock surpasses Rs 675 level, with tight ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

Drought, moisture stress threat to kharif crops

Gujarat joins four other States facing rainfall deficit. Mumbai, July 22 It is becoming increasingly clear that drought is threatening large parts of the country. All indicators point to the onset of drought conditions in western and southern ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

Guilty won’t be spared: Speaker

New Delhi, July 22 The bribery scandal, in which it was alleged that three opposition Members of Parliament were offered several crores of rupees to abstain from voting on the confidence motion moved by the United Progressive Alliance (UPA) ...
Source: Business Line - Home Page | 23 Jul 2008 | 12:00 am

Of capital gains, capital losses and set-offs

The majority of queries I receive, both through email and in person, have to do with capital gains in relation to stock market and mutual fund transactions.
Source: Daily News & Analysis: Money News | 22 Jul 2008 | 10:49 pm

Reddy's loses plea in US on ulcer drug

Dr Reddy's Laboratories may have lost a $100 million profit opportunity with the US Court of Appeals for the Federal Circuit on Monday
Source: Daily News & Analysis: Money News | 22 Jul 2008 | 10:45 pm

Next Ambani clash may be over coal-to-liquid

The government's coal-to-liquid (CTL) project may see Mukesh Ambani and younger brother Anil clashing yet again
Source: Daily News & Analysis: Money News | 22 Jul 2008 | 10:44 pm

Government to move forward on economic reforms

Having won the trust vote comprehensively, the government today sounded an upbeat note on the economy, saying it would move forward on implementing pending economic reforms including legislation aimed at increasing the foreign direct investment limit in insurance to 49 per cent, allowing foreign investors in banks higher voting rights and reforming the pension system.
Source: Business Standard | Front Page Headlines | 22 Jul 2008 | 6:59 pm

Bribery drama eclipses UPA win

The United Progressive Alliance (UPA) government today won the vote of confidence in the Lok Sabha but the government's prestige was badly dented after Bharatiya Janata Party (BJP) MPs alleged that members from the government and its new-found ally, the Samajwadi Party (SP), had offered bribes in return for a pro-government vote.
Source: Business Standard | Front Page Headlines | 22 Jul 2008 | 6:58 pm

Delhi clears seven projects worth Rs.3.47 bn

The delhi government Tuesday cleared seven energy and infrastructure development projects worth Rs.3.47 billion ($82.6 million).
Source: IndiaeNews.com: Business News | 22 Jul 2008 | 5:03 pm

India Inc relieved as government wins trust vote

India Inc heaved a sigh of relief Tuesday after the United Progressive Alliance (UPA) government won the trust motion, hoping economic reforms would now get a push as pressures from Left parties would no longer carry the same weight.
Source: IndiaeNews.com: Business News | 22 Jul 2008 | 5:01 pm

Telecom regulator issues show cause notice to ESPN

India's telecom watchdog Telecom Authority of India (TRAI) Tuesday issued a show cause notice to sports broadcaster ESPN for allegedly violating norms when offering its bouquet of channels to direct-to-home (DTH) operators, a TRAI statement said.
Source: IndiaeNews.com: Business News | 22 Jul 2008 | 5:01 pm