|
|
|
|
ONGC favours windfall profit tax !The ONGC on Saturday said it was receptive to the imposition of the windfall profit tax on oil companies as demanded by the Left parties following the rise in crude oil prices.Source: Zee News : Business | 27 Jul 2008 | 4:39 pm HC restrains local firms from making fake products of ABRO!In a reprieve to the US automotive giant ABRO, the Delhi High Court has restrained local manufacturers from making and selling spurious products under the ABRO trademark.Source: Zee News : Business | 27 Jul 2008 | 4:39 pm POSCO takes new tack with $4 bn Daewoo shipyard bid!Frustrated in bidding against global rivals over costly iron ore assets, South Korea`s POSCO is taking a different approach to diversification - looking to buy up one of its biggest customers to secure future demand.Source: Zee News : Business | 27 Jul 2008 | 4:39 pm Exim Bank includes ICICI in its Indian infra facility !The Export-Import Bank of the United States has approved the participation of Indian ICICI Bank in its Indian Infrastructure Facility established to support US exports for Indian projects.Source: Zee News : Business | 27 Jul 2008 | 4:39 pm WTO extends trade ministers` meet !Amid renewed hopes of a breakthrough, the WTO has extended the ministerial meeting till next week to allow negotiators more time to narrow differences and reach a deal for opening the world trade.Source: Zee News : Business | 27 Jul 2008 | 4:39 pm ICICI Lombard aims 20% of motor insurance mkt by 2010 !Largest private sector player in the motor insurance business, ICICI Lombard said it aims to increase its market share to 20% by 2010 from around 12% now. “We have around 12% market share in the country`s motor insurance business. By bringing new products, maintaining relationship with customers and offering better customer services, we hope to catch up 20% market share by 2010,” Eswaranatarajan, Head, Motor Insurance, ICICI Lombard said.Source: Zee News : Business | 27 Jul 2008 | 4:39 pm RBI may opt benign monetary policy!With inflation rising and global oil prices falling, home and consumer loanees may heave a sigh of relief as Reserve Bank is likely to announce a `benign` monetary policy on Tuesday so as not to impede growth.Source: Zee News : Business | 27 Jul 2008 | 4:39 pm Oil price will affect inflation: CEA!With the food and metal prices more or less stabilising, there are concerns over possible impact of global oil rates on inflation even though they have marginally eased, a key Finance Ministry aide said.Source: Zee News : Business | 27 Jul 2008 | 4:39 pm WTO edges towards banana deal as trade talks continueGENEVA (Reuters) - African and Caribbean countries came under pressure on Sunday to reach a deal on bananas and remove a major obstacle to efforts to rescue global trade talks.Source: Reuters: Money News | 27 Jul 2008 | 1:23 pm 'D-street may come under pressure'Markets are expected to come under pressure on rumours that the Dalal Street would be the next terror target after a series of bomb blasts in Bangalore and later in Ahmedabad.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 12:52 pm Germany braces for first Lufthansa strike in 13 yearsBERLIN (Reuters) - A strike over wages by ground crew and cabin staff at Deutsche Lufthansa is expected to cause disruptions at Germany's 10 largest airports on Monday after a key union voted overwhelmingly to walk off the job.Source: Reuters: Money News | 27 Jul 2008 | 12:34 pm 'Blasts won't shake Gujarat's business confidence'Saturday's 16 serial blasts here, the largest number in any Indian city so far, that killed over 40 people will have no negative impact on Gujarat's investment climate, state Industry Minister Saurab Patel said Sunday.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 12:33 pm Himachal to allot power projects on free supply amountThe Himachal Pradesh government will allot power projects to those bidders who offer more free supply to the state, instead of seeking bids on an upfront premium basis, Chief Minister Prem Kumar Dhumal announced here Sunday.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 12:31 pm AIE operates all-women crew flightAir India Express, the budget carrier of Air India, operated an all-women crew flight led by it's first woman Commander Captain Chameli Krottapalli in the Chennai-Singapore-Chennai sector.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 12:07 pm Bangladesh trade gap with India-China rises 57 pctDHAKA (Reuters) - Bangladesh's trade deficit with neighbouring India and China rose 57 percent to $4.35 billion in July-April of 2007/08 financial year from the same period of previous year, a central bank official said on Sunday.Source: Reuters: Money News | 27 Jul 2008 | 11:19 am Tatas plan to drive out electric car on Indica platformTata Motors, which plans to deliver its first electric car by the end of this fiscal, has turned to its tried and tested Indica platform for the vehicle.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 10:38 am ACC to generate power from waste gasesLeading cement manufacturer ACC Ltd will put polluting gases to positive uses at its plant in Himachal Pradesh to combat climatic change, a senior company official said here.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 10:33 am Ambuja Realty plans luxury hotelsCity-based real estate developer Ambuja Realty Development Ltd will build three luxury hotels in northern West Bengal, including the sleepy hill town of Kurseong town in Darjeeling.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 10:24 am India will be Hyundai's small car hubThe $75-billion Hyundai Motors, the world's fifth largest auto maker, has decided to make India its global hub for small cars, the company's chief executive for the Indian market has said.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 9:44 am One dollar subsidy cut - Hindu
Source: Google News India - Business | 27 Jul 2008 | 9:41 am Internet changing contours of Indian artThere was a time when art was considered an expression of human creativity and emotions. But art in India is fast becoming a craft powered by resource from the internet.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 9:30 am Containing inflation without impacting growth difficultBalancing of the monetary policy in order to contain inflation without impacting growth will be a major challenge, India's apex export promotion organisation has said.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 9:03 am Business as usual in Ahmedabad's diamond polishing unitsIt is business as usual in diamond processing units in Rakiyal and Bapunagar in eastern Ahmedabad, which were the targets of Saturday's bomb blasts in which at least 39 people were killed.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 9:02 am Ambuja Realty plans luxury hotels in DarjeelingCity-based real estate developer Ambuja Realty Development Ltd will build three luxury hotels in northern West Bengal, including the sleepy hill town of Kurseong town in Darjeeling, the company's top official has said.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 9:02 am Paper industry hit by rising manufacturing costsThe Indian paper industry is faced with rising manufacturing costs and increasing tax-related complexities, dealers said at an ongoing national conference that began here Saturday.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 9:02 am Ambuja Realty plans three hotels in north BengalCity-based real estate developer Ambuja Realty Development Ltd will build three luxury hotels in northern West Bengal, the company's top official has said.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 9:02 am Internet changing contours of Indian artThere was a time when art was considered an expression of human creativity and emotions. But art in India is fast becoming a craft powered by resource from the internet and technical skills culled from artists who post their works online.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 7:32 am More girls take to engineering studiesMore girls are taking to engineering studies these days. The enrolment of girls in technical institutes in the country has gone up from 22 percent in 2002 to 125 percent this year, with most preferring system engineering and information and communication, says a survey by an industry body.Source: IndiaeNews.com: Business News | 27 Jul 2008 | 7:31 am China furniture makers feel global slowdown painWENZHOU, China (Reuters) - The furniture factories outside this manufacturing hub are eerily quiet, victims of a housing crisis half a world away in the United States that is sapping demand for everything from beds to bookcases.Source: Reuters: Money News | 27 Jul 2008 | 7:29 am Airlines to add flights to meet demand - Sify
Source: Google News India - Business | 27 Jul 2008 | 7:20 am To review govt lending rates - Economic Times
Source: Google News India - Business | 27 Jul 2008 | 7:10 am Global federation mooted for tea producing nations - Sify
Source: Google News India - Business | 27 Jul 2008 | 6:22 am Maruti Suzuki To Launch New M800 ‘Uniq’ - TopNews
Source: Google News India - Business | 27 Jul 2008 | 6:17 am Federal Bank buys 5 pct in Catholic Syrian Bank - paperMUMBAI (Reuters) - India's Federal Bank has bought 5 percent shares of unlisted Catholic Syrian Bank (CSB) and is in the process of winning the support of CSB shareholders for a full-fledged takeover, a newspaper reported on Sunday.Source: Reuters: Money News | 27 Jul 2008 | 6:12 am U.S. ready to talk about temporary visas at WTOGENEVA (Reuters) - The United States, responding to a key demand of developing countries, said on Saturday it would discuss giving more temporary access to foreign professionals, injecting renewed optimism into world trade talks.Source: Reuters: Money News | 27 Jul 2008 | 4:09 am SBI net rises 15% to Rs 1641 cr in Q1 - Economic Times
Source: Google News India - Business | 27 Jul 2008 | 3:28 am Indian government to monitor steel price - SteelGuru
Source: Google News India - Business | 27 Jul 2008 | 2:18 am Wet Saturday does not lift Met spirits - Times of India
Source: Google News India - Business | 27 Jul 2008 | 1:10 am ICICI Bank net dips on bond slump, bad loansICICI Bank today reported a decline in quarterly net profit for the first time since its merger with ICICI in 2002.??The net profit fell 6.07 per cent to Rs 728.01 crore in the quarter ended JuneSource: Business Standard | Front Page Headlines | 27 Jul 2008 | 12:04 am Weekly News Round UpReliance Industries' net profit for the first quarter rose 13 per cent on higher revenues and strong margins from refining business. ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am Gaps in India Inc preparedness on climate change: KPMGMumbai, July 26 A KPMG report, looking to assess India Inc’s preparedness on climate change, says only 21 per cent of businesses measured their carbon dioxide emissions. ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am Multiple blasts go off at busy Ahmedabad areasPM, President appeal for calm as fear grips city. Ahmedabad, July 26 A day after bomb blasts rocked Bangalore, at least 18 people were reported dead and more than 100 injured, many of them critically, when tiffin-bombs exploded at nearly 20 ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am ‘Uncommon’ debates on TVNew Delhi, July 26 The prospect of high profile corporate honchos locking horns with social activists on contentious developmental issues gripping the nation could certainly be a recipe for high TRPs on prime time television. ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am Vijaya Bank posts Rs 76-cr loss in Q1Rs 190-cr provisioning made towards depreciation. Bangalore, July 26 A huge diminution in its investment portfolios, which included exposure to equity, government securities and mutual funds, has pushed the public sector Vijaya Bank into a net ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am Profit wheel turns full circleMost public sector banks see fall in profits. Chennai, July 26 It has been a near washout so far. Many public sector banks have seen profits decline sharply and in a few cases, wiped out, in the first quarter of this fiscal. ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am Reliance Power to borrow $4 b for new projectsMumbai, July 26 Reliance Power Ltd, the power generation company of Anil Ambani group, said the company has received approval from the Reserve Bank of India to borrow $4 billion as external commercial borrowing in order fund two mega power ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am Treasury losses drag down ICICI Bank netOperating profit, fee income rise. Mumbai, July 26 Losses in treasury operations dragged down ICICI Bank’s net profit by six per cent for the first quarter. ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am Tatas’ supercomputer Eka to focus on newer areasPune, July 26 Having achieved high speeds, Eka, the supercomputer designed by the Tata Group, is now expanding its focus on developing and delivering high performance applications for global customers in various areas that include weather ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am SBI net up 15% on fee income, recoveriesTen-fold increase in provisioning. Mumbai, July 26 Despite making a huge provision for marked-to-market losses, State Bank of India reported a 15-per cent increase in first quarter net profit. ...Source: Business Line - Home Page | 27 Jul 2008 | 12:00 am 27 Jul, 2008, 0149 hrs IST,Shantanu Nandan Sharma, ET Bureau - Economic Times
Source: Google News India - Business | 26 Jul 2008 | 8:30 pm Indian Hotels enters Chinese market; signs pact with Cuiting ... - TopNews
Source: Google News India - Business | 26 Jul 2008 | 7:51 pm Steel majors to hike prices based on demandSteel majors, Tata Steel and JSW Steel said it has not been asked by the government to extend price freeze yet. Tata Steel will take a call on hiking prices based on demand whereas JSW will take independent call closer to expiry of deadline.Source: Moneycontrol Top Headlines | 26 Jul 2008 | 3:57 pm Centre to allocate 100 mw per day to Tamil NaduThere seems to be a silver lining in the power situation in Tamil Nadu at least for the time being. Tamil Nadu has some good news at least for some time. The centre has agreed to allocate 100 megawatts per day for the next month. Not only that, it has also decided to sanction two power projects of 8400 MW for the state.Source: Moneycontrol Top Headlines | 26 Jul 2008 | 3:34 pm Rising defaults stop banks\' credit card onslaughtNot so long ago, banks did all they could to give you credit cards, now things have changed. Rising defaults have made cards a high risk business and that\'s made banks slow down their credit card expansion.Source: Moneycontrol Top Headlines | 26 Jul 2008 | 3:12 pm AP govt announces addl power holiday for indIt is a grim situation in Andhra Pradesh. The state is staring at a major power shortfall in the coming months. The government has announced an additional power holiday for industries.Source: Moneycontrol Top Headlines | 26 Jul 2008 | 3:07 pm IPR enforcers conduct raid on Varsha PharmaCNBCTV18 has learnt from sources that IPR enforcers have conducted a raid on behalf of Piramal Healthcare. Sources added that IPR enforcers are looking for fake drugs. The premises of HPbased Varsha Pharma has been raided and 7,21,000 tablets have been seized. The ingredients to make 4,27,000 tablets have also been seized.Source: Moneycontrol Top Headlines | 26 Jul 2008 | 2:43 pm IT cos prefer SEZ due to nonextension of STPIIT parks are no longer the favoured destination for IT companies with many bigwigs opting for SEZs, which has led to a fall in rentals. HCL, Capgemini and Accenture are heading to SEZs instead of IT parks, after the tax sops under the STPI scheme was not extended beyond 2009.Source: Moneycontrol Top Headlines | 26 Jul 2008 | 2:07 pm Honda plans to launch Rs 1 mn bikesHonda Motorcycles and Scooter India is planning to launch two models in the big motorbike section priced over Rs.1 million by the end of this fiscal.Source: Daily News & Analysis: Money News | 26 Jul 2008 | 2:03 pm UTV Motion Pictures in top 20 distributors in North AmericaUTV Motion Pictures has emerged as the top 20 film distributors in North America based on the US box office performance in the first six months of 2008.Source: Daily News & Analysis: Money News | 26 Jul 2008 | 1:26 pm Why has Bharti\'s retail venture not picked up steam yet?After a low profile launch, one expected Bharti Retail to pick up steam. Four months and only four stores and that too all in the family backyard Ludhiana, that is Bharti Retail\'s score so far.Source: Moneycontrol Top Headlines | 26 Jul 2008 | 1:16 pm Eicher posts 44.47% fall in Q1 PATCommercial vehicles manufacturer Eicher Motors on Saturday reported a fall of 44.47 per cent in its profit after tax for the quarter ended June 30, 2008, at Rs 5.27 crore.Source: Daily News & Analysis: Money News | 26 Jul 2008 | 12:47 pm State Bank Q1 beats f'cast, ICICI dropsMUMBAI (Reuters) - State Bank of India beat forecasts with a 15 percent rise in quarterly profit as other income more than doubled, but its private sector rival ICICI Bank posted an unexpected fall in profits after its bond and equity portfolios lost value.Source: Reuters: Money News | 26 Jul 2008 | 12:13 pm
|
