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ONGC's profit jumps on higher crude, outputNEW DELHI (Reuters) - India's largest oil producer, Oil and Natural Gas Corp, beat forecasts with a 44 percent rise in quarterly profit, as higher crude prices and output offset the firm's growing subsidy to state-run refiners.Source: Reuters: Money News | 28 Jul 2008 | 2:26 pm U.S. STOCKS - Market falls at open on financial jittersNEW YORK (Reuters) - U.S. stocks fell at the open on Monday as markets remained jittery about the outlook for the financial sector,Source: Reuters: Money News | 28 Jul 2008 | 2:24 pm Skoda hikes prices of all its car modelsCzech auto maker Skoda Auto's Indian subsidiary Skoda India today announced an increase in prices of all its models in the country.Source: Daily News & Analysis: Money News | 28 Jul 2008 | 2:15 pm RPT-UPDATE 1-India's ONGC Q1 net up 44 pct on higher output - Reuters
Source: Google News India - Business | 28 Jul 2008 | 2:05 pm Inflationary pressures may force RBI to raise policy rates - NDTV.com
Source: Google News India - Business | 28 Jul 2008 | 1:53 pm Reliance Infra in cooperation agreement with Shanghai Electric - Business Standard
Source: Google News India - Business | 28 Jul 2008 | 1:47 pm Aligarh Muslim University to start course in Islamic banking and ... - Economic Times
Source: Google News India - Business | 28 Jul 2008 | 1:41 pm U.S. accuses China, India of threatening WTO roundGENEVA (Reuters) - A clash between the United States and two big emerging markets, China and India, over cutting farm and industrial tariffs threatened to derail more than a week of work to salvage a world trade deal.Source: Reuters: Money News | 28 Jul 2008 | 1:23 pm HDFC Bank Q1 net boosted by Centurion buyMUMBAI (Reuters) - HDFC Bank beat forecasts with a 44.5 percent jump in quarterly profit, lifted by the acquisition of smaller rival Centurion Bank of Punjab, and a senior official was upbeat on loan demand and profit growth.Source: Reuters: Money News | 28 Jul 2008 | 1:22 pm Reliance resumes fuel supply to Iran - tradeNEW DELHI (Reuters) - Indian refiner Reliance Industries has resumed fuel supplies to Iran from July after halting it in the last quarter of 2007 over credit issues, four trade sources familiar with the deal said.Source: Reuters: Money News | 28 Jul 2008 | 1:20 pm US blames India, China for putting WTO talks in jeopardy - Hindu Business Line
Source: Google News India - Business | 28 Jul 2008 | 1:18 pm India witnesses highest rainfall of the seasonMUMBAI (Reuters) - India witnessed the highest rainfall in a day up to 8:30 a.m. on Monday in the July-Sept monsoon season, India Meteorological Department said on its website.Source: Reuters: Money News | 28 Jul 2008 | 1:17 pm ONGC Q1 profit up 44% at Rs 6,636 crOil major Oil and Natural Gas Corp reported a 44 per cent jump in profit on Monday in first quarter of the current fiscal, despite nearly three-fold increase.Source: Daily News & Analysis: Money News | 28 Jul 2008 | 1:17 pm Mutual funds good for long term - Economic Times
Source: Google News India - Business | 28 Jul 2008 | 1:07 pm India witnesses highest rainfall of the season - Reuters India
Source: Google News India - Business | 28 Jul 2008 | 1:06 pm Retail invt will not have to pay appl money upfrontSebi has come out with new norms for IPOs. The regulator said retail investors will not have to pay application amount to the company till allotment. Moreover, the investment amount will be frozen in the investors\' account.Source: Moneycontrol Top Headlines | 28 Jul 2008 | 12:58 pm Honda Motor to launch high-end super bike of 1000 cc - Newstrack India
Source: Google News India - Business | 28 Jul 2008 | 12:48 pm RBI: inflation reflects oil prices, demandMUMBAI (Reuters) - The Reserve bank of India (RBI) said on Monday a rise in inflation to nearly 12 percent in mid-July reflected some increase in fuel and raw material prices as well as strong demand.Source: Reuters: Money News | 28 Jul 2008 | 12:45 pm HDFC Bank posts its Q1 FY 09 net profit at Rs 464.4-crore - NDTV.com
Source: Google News India - Business | 28 Jul 2008 | 12:43 pm Oil rises above $124 on Nigeria pipeline attackLONDON (Reuters) - Oil rose more than $1 to above $124 a barrel on Monday, supported by rebel attacks on the oil industry in major oil exporter Nigeria that renewed concern about supplies.Source: Reuters: Money News | 28 Jul 2008 | 12:33 pm Rupee down on dollar demand from oil cosMUMBAI (Reuters) - The rupee weakened on Monday, after having risen in early trade, as oil refiners bought dollars in the local currency market to meet month-end import commitments.Source: Reuters: Money News | 28 Jul 2008 | 12:24 pm Indian shares rise ahead of RBI review, Larsen upNEW DELHI (Reuters) - Indian shares rose 0.52 percent in choppy trade on Monday, led by Larsen & Toubro and Reliance Industries, as investors braced for a possible increase in official interest rates on Tuesday.Source: Reuters: Money News | 28 Jul 2008 | 12:06 pm Sensex up 74 points - Hindu
Source: Google News India - Business | 28 Jul 2008 | 12:06 pm Japan poised to accept WTO compromise proposals!Japan is considering accepting many of the compromise proposals having been put on the negotiation table at the World Trade Organsation for a free trade accord, trade sources said.Source: Zee News : Business | 28 Jul 2008 | 11:47 am Oil rises towards $124!Oil rose towards $124 a barrel on Monday, rebounding from a seven-week low, in what analysts said was technical buying and short-covering after recent declines left the market oversold.Source: Zee News : Business | 28 Jul 2008 | 11:47 am Sensex up 98 points in early trade!The Bombay Stock Exchange benchmark Sensex rose by 98 points in early trade on Monday on the back of selective buying by funds in blue-chip stocks.Source: Zee News : Business | 28 Jul 2008 | 11:47 am Qantas CEO retires, replaced by Jetstar CEO Joyce !Qantas Airways Ltd (QAN.AX) chief executive named Alan Joyce as its new chief executive on Monday, with Geoff Dixon retiring after eight years heading Australia`s largest airline.Source: Zee News : Business | 28 Jul 2008 | 11:47 am WTO talks get boost after progress on `banana row`!Talks to rescue a global trade deal got another boost on Sunday with progress towards settling a row over bananas and other long-standing disputes, but concerns grew about China`s openness to imports.Source: Zee News : Business | 28 Jul 2008 | 11:47 am Marriott to add 24 hotels by 2011International hotel chain Marriott is planning to add 24 luxury hotels comprising about 7,000 rooms by 2011 in the country as it looks to tap the booming hospitality sector.Source: Daily News & Analysis: Money News | 28 Jul 2008 | 11:43 am Timex to launch three luxury brandsWatch maker Timex on Monday said it plans to introduce three high-end brands in India in the next few months, besides launching its iControl watches.Source: Daily News & Analysis: Money News | 28 Jul 2008 | 11:41 am India's central bank to review monetary policy TuesdayIndia's central bank will review its monetary policy for this fiscal Tuesday, against the backdrop of the country's annual rate of inflation jumping to a 13-year high and industry worried over the prospect of another interest rate hike.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 11:31 am Marriott, Uppal group to open five-star hotel in GurgaonReal estate developer Uppal group has signed an agreement with global hotel chain Marriott International to develop and own a five-star hotel sporting the Marriott brand in Gurgaon, adjacent to the national capital.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 11:15 am Kotak Mahindra Bank stand-alone net profit up 14 percentKotak Mahindra Bank has reported a 14 percent rise in its net profit to Rs.550 million in the first quarter this fiscal on a stand-alone basis, up from Rs.480 million in the comparable period of last fiscal, a bank regulatory statement said Monday.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 11:15 am WWF-India's tiger conservation project gets Nokia boostThe World Wildlife Fund-India's tiger conservation project has received a boost with mobile phone major Nokia pitching in to work toward providing education to villagers for sustainable development, and identifying alternative livelihood programmes for villagers around national parks, specifically Ranthambore in Rajasthan.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 11:14 am GTC Industries changes name to Golden TobaccoIndian tobacco major GTC Industries Ltd has changed its name to Golden Tobacco Ltd, the company said Monday.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 11:12 am Sarin to leave Vodafone on TuesdayArun Sarin, a controversial albeit one of the most successful CEOs of British telecom giant Vodafone, will hang his boots on Tuesday to don a new gear for trekking in Himalayas.Source: Daily News & Analysis: Money News | 28 Jul 2008 | 10:56 am HDFC clocks Rs4.64 bn Q1 profitThe country's second largest private bank, HDFC Bank, has posted a net profit of Rs.4.64 billion in the first quarter this fiscal.Source: Daily News & Analysis: Money News | 28 Jul 2008 | 10:45 am GlaxoSmithKline clocks Rs.1.14 bn profit in first quarterPharmaceutical major GlaxoSmithKline Pharmaceuticals Ltd posted a net profit of Rs.1.14 billion for the first quarter this fiscal, compared to Rs.964.30 million during the corresponding period last year, the company said here Monday.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 10:33 am One rupee salary due costs company Rs.970,000The Heavy Engineering Corporation (HEC) in Jharkhand has finally agreed to pay a total compensation of Rs.970,000 to 24 of its employees because it had paid them Re.1 less as salary for as long as 30 years, an official said Monday.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 10:33 am HDFC Bank clocks Rs.4.64 bn first quarter profitThe country's second largest private bank, HDFC Bank, has posted a net profit of Rs.4.64 billion in the first quarter this fiscal, as compared to Rs.3.21 billion in the corresponding period last year.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 10:32 am Delhi Metro Rail needs to ride on rental revenuesIf Delhi Metro Rail Corporation (DMRC) is able to rent out most of the realestate space along its track lines for commercial utilisation, then it is expected to rake in revenues of Rs 2,100 crore three years down the line, which is almost 190 per cent higher than the current levels, states an Assocham study.Source: Moneycontrol Top Headlines | 28 Jul 2008 | 8:36 am Chandigarh's brawny female bouncers 'man' nightclubTwo brawny women have become bouncers at a nightclub here, muscling their way into yet another male bastion.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 8:33 am Equity markets flat in early tradeIndian equity markets, which opened marginally lower Monday, made up the deficit soon but were flat in early trade. There was buying interest was seen in select FMCG and power stocks, but banking, metal and select auto stocks were under selling pressure.Source: IndiaeNews.com: Business News | 28 Jul 2008 | 8:33 am IDBI Capital plans to set up credit bureau with CAREIDBI Capital Market Services Ltd, a whollyowned subsidiary of IDBI Ltd, plans to set up a credit information bureau as a joint venture with the credit rating agency CARE (Credit Analysis and Research Ltd), according to Mr Yogesh Agarwal, Chairman and Managing Director, IDBI Ltd.Source: Moneycontrol Top Headlines | 28 Jul 2008 | 8:32 am India set to become hub for luxury brandsWith the fastest high networth individuals population in the world and income level of consumers expected to triple by 2025, India is poised to become a manufacturing hub for global luxury brands in the next four to five years, according to a FICCIYes Bank report.Source: Moneycontrol Top Headlines | 28 Jul 2008 | 8:28 am Domestic BPO sector to treble revenues by 2012There will be an almost fourfold rise in the number of people employed for providing back office services to Indian domestic firms as this industry is expected to more than treble in revenues by 2012.Source: Moneycontrol Top Headlines | 28 Jul 2008 | 8:25 am Suzuki plans to double capacitySuzuki Motorcycles India is looking to double capacity in two years even as it plans a series of product launches.Source: Moneycontrol Top Headlines | 28 Jul 2008 | 8:24 am Chennai Petro pipeline to cost Rs 700 crCircumstances have forced Chennai Petroleum Corporation Ltd (CPCL) to abandon a Rs 65.4crore project and think of a Rs 700crore alternative.Source: Moneycontrol Top Headlines | 28 Jul 2008 | 8:21 am Pharma cos seek Govt nod to hike pricesMedicine shortages could be round the corner if the Centre does not step in and stem the combined effects of rising input prices, shortage of raw material from China and inflation, say representatives from the estimated Rs 68,000crore pharmaceutical industry.Source: Moneycontrol Top Headlines | 28 Jul 2008 | 8:19 am What should Dr Reddy do?The markets and the Indian public at large have recovered from the uncertainty cast on them by the inevitable and heated political dispute relating to the Indo-US nuclear issue. Intervening in the debate, the Finance Minister, Mr P. Chidambaram, ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am GSPC rejects HPCL’s proposal for stake in Mundra terminalProject to be implemented on fast-track basis. Kolkata, July 27 Gujarat State Petroleum Corporation (GSPC) has rejected an informal expression of interest from HPCL for 50 per cent stake in the proposed 5-7.5-million-tonne LNG terminal at ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am Aventis Pharma (Rs 775.15): BuyWe recommend a buy in Aventis Pharma from a short-term perspective. We note that this stock has been on a very long-term downtrend from its May 2006 high of Rs 2,125. However, the stock found support at around Rs 700 in early July 2008 ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am India’s N-expertise draws biz suitors from France, USFocus on manufacture of Pressurised Water Reactors and thorium technology. New Delhi, July 27 India’s entry into the global civilian nuclear fraternity may not be a one-way street in terms of technology flows and business opportunities. ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am Equity market may remain volatile this weekPositive bias may surface as ‘sell’ is replaced by ‘hold’ strategies. When on July 22 Dr Manmohan Singh’s UPA Government won the trust vote, there was an overhang of shorts about Rs 13,000 crore by the foreign ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am They debit accounts without dispensing cashTROUBLESOME ATMS. Hyderabad, July 27 “I went to an ATM to withdraw Rs 10,000. The card got ejected without dispensing any money. This was followed by a debit receipt and an SMS message that the money had been ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am Day Trading GuideThe analysis and opinion expressed in these columns are based on the technical analysis of the past price behaviour. The stop-loss level provided with the recommendation is important. The original view would stand negated if the stop-loss ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am Hydel power output likely to fall sharplyS-W monsoon fails to augment reservoirs across States; utilities forced to downsize generation targets. New Delhi, July 27 Hydropower generation in the country could witness a sharp dip due to the south-west monsoon pretty much fizzling out ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am Firing from twin enginesWith the UPA Government having cleared the confidence vote, the Finance Minister, Mr. P. Chidamabaram, has asserted that the time for implementing the unfinished financial sector reform agenda has come. How far and fast the present coalition ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am Pharma cos seek Govt nod to hike pricesReeling under steep input costs, raw material shortage. Mumbai, July 27 Medicine shortages could be round the corner if the Centre does not step in and stem the combined effects of rising input prices, shortage of raw material from China and ...Source: Business Line - Home Page | 28 Jul 2008 | 12:00 am Rel Infra, China co in $3 bn dealAnil Ambani-controlled Reliance Infrastructure Ltd is joining hands with Shanghai Electric Power Co, China's second biggest equipment manufacturerSource: Daily News & Analysis: Money News | 27 Jul 2008 | 10:22 pm Contra bet: Reddy may opt for status quoThe air is rife with speculation that another bout of a hike in repo rates and cash reserve ratio may be in the offing and with it, a northward movement in interest rates.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 10:22 pm Midcap IT forecasts strong revenuesMidcap information technology companies continue to see strong revenue growth despite strong headwinds in the form of market uncertainities and foreign exchange volatility.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 10:20 pm Bharti says it is ready for number portabilityBharti Airtel, the country's leading mobile phone service provider, says it is ready for number portability.Source: Daily News & Analysis: Money News | 27 Jul 2008 | 10:19 pm Defaulter by default: Banks slip in `surrender letters`Only a few signatures on some bank loan papers stood between Deepak Kulkarni, a senior executive in a communications firm, and the car he eyed in the showroom on his way to work everyday.??Or so heSource: Business Standard | Front Page Headlines | 27 Jul 2008 | 7:06 pm Govt to drive for speed governors in carsPassenger car prices could increase by Rs 10,000 to Rs 15,000 if Parliament approves a transport ministry proposal to amend the Motor Vehicles Act to extend the use of speed governors, currentlySource: Business Standard | Front Page Headlines | 27 Jul 2008 | 7:04 pm Falling sales push property firms to ease buyers` EMI pains????Unitech, the countrys second-largest property developer, recently offered two- and three-bedroom apartments of 1,200 sq ft and 1,500 sq ft respectively at its Uniworld City project atSource: Business Standard | Front Page Headlines | 27 Jul 2008 | 7:04 pm Carriers woo travellers with luxury perksGet ready to be pampered when you fly abroad next time. Stung by the slowdown in the US, international carriers are going all out to woo travellers from countries such as India, which are stillSource: Business Standard | Front Page Headlines | 27 Jul 2008 | 6:10 pm
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