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DAL REIT unlikely in next 1218 months: DLFRajiv Singh, ViceCharman, DLF, said the company is sounding a note of caution due to external environment not being conducive now. He told CNBCTV18 that the real estate sector is not all gloom and doom. \"There is no bubble. Buyers still exist, but decisions could be postponed due to uncertainty.\"Source: Moneycontrol Top Headlines | 1 Aug 2008 | 7:00 pm No decision on ITIBSNL merger, IPO plans yet: BSNLTelecom Minister, A Raja said the government would invite global bids for the 3G spectrum. Five operators will be allotted the 3G spectrum as of now and five more operators are expected to be allotted the spectrum on a later date. He added that BSNL, MTNL would be allotted one slot of the 3G spectrum today.Source: Moneycontrol Top Headlines | 1 Aug 2008 | 5:56 pm We will match 3G bid at any price: MTNLIn the government\'s announcement of the 3G spectrum guidelines, Telecom Minister, A Raja said the government would invite global bids for the 3G spectrum. Sinha said during the auction process they will match the bid whatever be the price.Source: Moneycontrol Top Headlines | 1 Aug 2008 | 5:45 pm Bangalore to be home for Toyota\'s small car plantToyota has set the ball rolling for its small car plant at the outskirts of Bangalore. It is bullish on its India\'s drive. Bangalore is all set to become home to Toyota\'s small car plant. At the groundbreaking ceremony for its second plant, it revealed plans for aggressive growth in the country.Source: Moneycontrol Top Headlines | 1 Aug 2008 | 5:36 pm Govt\'s 3G spectrum norms: Key takeawaysThe most important takeaway that the telecom industry is now going to be worried about is the fact that in the two most circles where there is the biggest market for 3G, which is Delhi and Mumbai, only one private GSM operator will be allotted 3G spectrum.Source: Moneycontrol Top Headlines | 1 Aug 2008 | 3:26 pm Amtek group cos to merge into one listed entity Amtek AutoAmtek group companies is set to get amalgamated into one listing entity, Amtek Auto, reports CNBCTV18. Shareholders of Amtek India will get 44 shares of Amtek Auto for every 100 shares held.Source: Moneycontrol Top Headlines | 1 Aug 2008 | 2:57 pm Chinese footwear giant starts operations in IndiaAokang International, which is the official leather goods supplier to the Beijing Olympics, will invest Rs 3 billion to set up a chain of retail stores and factories across India.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 2:19 pm Sensex up 301 pts as govt introduces 3G normsThe markets got a major boost in the form of guidelines for next generation (3G) mobile services and the benchmark Sensex settled the day higher by over 300 points.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 2:09 pm Deccan rolls back hike in base air faresBudget air-carrier, Deccan, has rolled back its fare hike, barely 24-hours after it announced the hike on Thursday.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 2:03 pm Shree Renuka okays issue of 2cr promoter warrantsShree Renuka board has approved a fresh issue of two crore warrants to promoters, reports CNBCTV18. The board has approved raising up to USD 200 million via domestic or international issueSource: Moneycontrol Top Headlines | 1 Aug 2008 | 2:01 pm Margin pressure on steel cos to continue - Economic Times
Source: Google News India - Business | 1 Aug 2008 | 2:01 pm Telecom: Govt to start MNP in 2 months - Economic Times
Source: Google News India - Business | 1 Aug 2008 | 1:52 pm How M&M valued Punjab Tractors - Hindu
Source: Google News India - Business | 1 Aug 2008 | 1:50 pm Government allows foreign players for 3GThe Government on Friday announced guidelines for roll out of next generation (3G) mobile service and Mobile Number PortabilitySource: Daily News & Analysis: Money News | 1 Aug 2008 | 1:36 pm Emami eyeing 25% sales growth - Economic Times
Source: Google News India - Business | 1 Aug 2008 | 1:31 pm Nomura to acquire stake in Indian digital media - Economic Times
Source: Google News India - Business | 1 Aug 2008 | 1:17 pm DLF profits up by 23% in 2008 Q1DLF Ltd has announced a profit after tax of Rs 18.64 billion during the first quarter of fiscal year 2008, a growth of nearly 23 percent from the corresponding period previous year.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 1:00 pm Deccan Aviation to not hike fares - spokesmanMUMBAI (Reuters) - Budget Airline Deccan Aviation will not hike base fares, its spokesman said, a day after Kingfisher Airlines increased fares by 10 percent.Source: Reuters: Money News | 1 Aug 2008 | 12:59 pm Deccan Aviation to not hike fares - spokesman - Reuters India
Source: Google News India - Business | 1 Aug 2008 | 12:55 pm Essar in talks to sell gasoline to IranNEW DELHI (Reuters) - India's Essar Oil is in talks with Iran to sell gasoline to the Gulf nation, a Essar senior official said on Friday.Source: Reuters: Money News | 1 Aug 2008 | 12:54 pm Rupee climbs on stocks boost, trade dataMUMBAI (Reuters) - The rupee rose on Friday as a strong stock market raised expectations of renewed capital inflows and data showed the trade deficit narrowing in June from the month before.Source: Reuters: Money News | 1 Aug 2008 | 12:53 pm Air India hikes fares by 10%On the heels of private airlines increasing the fares, national air carrier Air India on Friday hiked the economy and business class rates by 10 per cent for its domestic flights.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 12:24 pm Govt announces new 3G norms; BSNL, MTNL benefithe government has announced the 3G spectrum guidelines. Telecom Minister, A Raja said the government would invite global bids for the 3G spectrum. BSNL, MTNL would be allotted one slot of the 3G spectrum today.Source: Moneycontrol Top Headlines | 1 Aug 2008 | 12:17 pm Glenmark files for USFDA ph1 trials for GBR 500 BEGlenmark hopes for at least two out of three molecules to go into clinical pahse1 in FY09, reports CNBCTV18. The company is filing for USFDA phase1 trials for GBR 500 biological entity. Glenmark will close two outlicensing deals for molecules by March 2009.Source: Moneycontrol Top Headlines | 1 Aug 2008 | 12:00 pm Abhishek no longer with Flying MachineActor Abhishek Bachchan will soon cease to be the brand ambassador for Flying Machine, which is among the first Indian jeans brands.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 11:58 am India shares rise 2.1 pct; nuclear deal hopes helpMUMBAI (Reuters) - Indian shares rose 2.10 percent on Friday, posting a fourth straight weekly gain to match their best run this year, with sentiment boosted in late trade on growing optimism that a U.S-India nuclear deal would go ahead.Source: Reuters: Money News | 1 Aug 2008 | 11:32 am Govt to hold global auction for 3G spectrumNEW DELHI (Reuters) - The government will hold a global auction of third-generation (3G) licences this year, offering foreign firms the chance to tap the world's fastest-growing wireless market and raising up to $9.5 billion for the government.Source: Reuters: Money News | 1 Aug 2008 | 11:31 am RBI deputy: rising card defaults a concern - Reuters India
Source: Google News India - Business | 1 Aug 2008 | 11:25 am Bharti Airtel says not talking to MTNNEW DELHI (Reuters) - Bharti Airtel, India's number one mobile operator, is not in talks with South Africa's MTN "for any industrial combination," Bharti Chairman Sunil Mittal said on Friday.Source: Reuters: Money News | 1 Aug 2008 | 11:20 am Tap cheap deposits to mitigate rising interest rates: FMWith banks raising interest rates, Finance Minister asked them to mobilise low cost deposits to withstand pressure on their margins and keep lending rates low.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 11:18 am GM posts $15.5 bln loss; sales sputter, charges mountDETROIT (Reuters) - General Motors Corp posted a $15.5 billion quarterly loss on Friday as North American sales dropped by 20 percent and plunging prices for SUVs prompted deep charges for its auto finance business.Source: Reuters: Money News | 1 Aug 2008 | 11:17 am India to auction airwaves for 3G telephonyA. Raja on Friday announced the much awaited guidelines for the auction of spectrum, or airwaves, to launch third-generation (3G) mobile phone services in the country.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 11:15 am Benchmarks rebound to close higher - Economic Times
Source: Google News India - Business | 1 Aug 2008 | 11:03 am Videocon to launch DTH servicesThe Videocon group today said that it has obtained licence to start its direct-to-home (DTH) services and expects to launch it by mid-September.Source: Daily News & Analysis: Money News | 1 Aug 2008 | 10:59 am ONGC plans integrated offshore supply base, terminal on east - Sify
Source: Google News India - Business | 1 Aug 2008 | 10:25 am India to review grain stocks, export curbs next week - Reuters India
Source: Google News India - Business | 1 Aug 2008 | 10:19 am Govt at work: Direct tax dept gets smartUnder FM P Chidambaram, the direct tax dept is getting smart. After overshooting the deadline by nearly a year, the 745 offices are gearing up for a consultant for a factory in B\'lore that will process IT returns in assemblyline fashion, and data will be transfered from 36 regional centres to the primary data centre in Delhi.Source: Moneycontrol Top Headlines | 1 Aug 2008 | 9:51 am Rates may moderate in 6-12 months - ChidambaramBANGALORE (Reuters) - Indian interest rates should moderate from current high levels over the next six to 12 months, Finance Minister Palaniappan Chidambaram said on Friday.Source: Reuters: Money News | 1 Aug 2008 | 9:16 am India to push insurance, pension reformsHONG KONG (Reuters) - India's ruling coalition has the support to push through three major reforms in the banking, insurance and pension sectors in the next parliamentary session, Junior Finance Minister Pawan Kumar Bansal said on Friday.Source: Reuters: Money News | 1 Aug 2008 | 9:06 am Equity markets stay in the red early afternoonIndian equity markets continued to trade at a loss early Friday afternoon. Banking, FMCG and auto stocks were under selling pressure. But there was buying interest in metal and capital goods stocks.Source: IndiaeNews.com: Business News | 1 Aug 2008 | 7:58 am Inflation at 9 pct by end 2008/09 - RBI surveyMUMBAI (Reuters) - Inflation is expected to remain in double digits for most of the year and may fall to around 9 percent by March, a survey among professional forecasters conducted by the Reserve Bank of India (RBI) showed.Source: Reuters: Money News | 1 Aug 2008 | 5:50 am Mumbai equity market opens deep in the redThe equity market here opened deep in the red Friday.Source: IndiaeNews.com: Business News | 1 Aug 2008 | 5:36 am Equity markets at a loss in early tradeIndian equity markets, which opened at a loss Friday following weak global cues, stayed in the red in early trade. There was selling pressure on realty, banking and select technology stocks.Source: IndiaeNews.com: Business News | 1 Aug 2008 | 5:31 am 'Parallel fashion week will bring confusion and chaos'The Indian designer fraternity is displeased with a parallel fashion week being organised along with the Wills Lifestyle India Fashion Week (WIFW) in October, saying this would lead to confusion and chaos.Source: IndiaeNews.com: Business News | 1 Aug 2008 | 5:31 am Ranbaxy gains 1% amid Daiichi deferring open offer!Shares of Ranbaxy Laboratories on Thursday gained 1.29 percent on the Bombay Stock Exchange after the Japanese drug maker Daiichi Sankyo deferred its open offer for an additional 20 percent stake in the pharma major.Source: Zee News : Business | 1 Aug 2008 | 12:20 am Tired of unsolicited calls? SC steps in to help!The Supreme Court on Thursday ordered the Union Government to cancel the licences of all telemarketing firms which have failed to get themselves registered with the Telecom Ministry, pledging not to make any unsolicited call to prospective customers.Source: Zee News : Business | 1 Aug 2008 | 12:20 am Inflation spikes to 11.98%, home loans up !Even as last week`s marginal decline of 0.02 % triggered hopes of a gradual ease, inflation for the week ending July 19 hovered yet again around 12%. The rise in inflation rate is being mainly attributed to an overall increase in the price of primary articles and food products. As a result, various banks have immediately announced an increase in their rates of lending.Source: Zee News : Business | 1 Aug 2008 | 12:20 am Rcom to continue to look for global acquisitions: Anil Ambani!Undeterred by the failure of talks with South African telecom major MTN for a possible merger, Anil Ambani, Chairman of Reliance Communications, today said the company would look at overseas acquisitions.Source: Zee News : Business | 1 Aug 2008 | 12:20 am US to withdraw motion against Ranbaxy!In a major relief to domestic pharma major Ranbaxy Lab, the US Department of Justice has said it intended to withdraw the motion filed against the company in a district court as the drugmaker has agreed to produce documents related to charges of fraudulent conduct.Source: Zee News : Business | 1 Aug 2008 | 12:20 am IOC won`t issue new LPG connections temporarily !Burdened with huge losses Indian Oil Corporation announced on Thursday that it will temporarily halt issuing new domestic LPG connections.Source: Zee News : Business | 1 Aug 2008 | 12:20 am Google considering venture capital arm: Report!Google Inc is considering setting up its own venture capital investment arm, the Wall Street Journal said on Wednesday, citing several people briefed on the discussions.Source: Zee News : Business | 1 Aug 2008 | 12:20 am Gas at $2.34 to RNRL means loss of up to $900 per year: RIL!Reliance Industries on Thursday informed the Bombay High Court that it would incur losses in the range of 600-900 million dollars annually if it supplies gas to Anil Ambani-owned Reliance Natural Resources Ltd at 2.34 dollars per mmBtu.Source: Zee News : Business | 1 Aug 2008 | 12:20 am Govt forms panel to formulate e-auction of spectrum!The government on Thursday constituted a committee to supervise e-auction of spectrum for the next generation (3G) mobile services, for which the detailed policy is likely to be announced tomorrow.Source: Zee News : Business | 1 Aug 2008 | 12:20 am Gold down by Rs 1,000 in 2 weeksMumbai, July 31 The sharp fall in crude oil prices and a strengthening dollar against eruo have pushed down gold prices by Rs 1,015 for 10 grams in the last two ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am Hardening rates push investors to debt schemesFixed maturity plans attract MF participants. Mumbai, July 31 Mutual fund debt schemes – both fixed maturity plans and liquid schemes – seem to be finding favour among both investors and fund houses as interest rates continue to ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am Home loans become costlierICICI Bank, HDFC hike rates by 75 basis points; more banks follow suit. Mumbai, July 31 ICICI Bank and HDFC on Thursday hiked home loan rates by a massive 0.75 percentage points, moving quickly to preserve margins in the wake of RBI raising ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am Day Trading GuideSource: Business Line - Home Page | 1 Aug 2008 | 12:00 am Tata Steel net rises 22% at Rs 1,488 crCompany posts Rs 303-cr forex loss. Mumbai, July 31 Tata Steel Ltd has posted a 21.78-per-cent rise in its standalone net profit at Rs 1,488.40 crore for the quarter-ended June 30, against Rs 1,222.11 crore logged in the same period of last ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am Steel price hike looms large as moratorium nears endCoal prices up $202 a tonne since July. New Delhi, July 31 The possibility of an imminent rise in steel prices looms large as the self-imposed moratorium to hold prices by the steel industry ends this ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am Govt confident of support for key Bills: ChidambaramNew Delhi, July 31 The discord among various political combines in Parliament over pushing forward economic reforms notwithstanding, the Finance Minister, Mr P. Chidambaram, has expressed confidence that he would be able to muster legislative ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am Gross retail NPAs to touch 4% by fiscal endDefaults high in unsecured segments, says Crisil. Mumbai, July 31 The gross non-performing assets (NPAs) in retail loans are set to increase to around 4 per cent by March 2009, from 2.7 per cent on March 31, 2007, said a report by rating ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am Tatas, Reliance put mega power projects on fast trackNew Delhi, July 31 The promoters of the first couple of the Ultra Mega Power Projects (UMPPs) have put their projects on fast track and hope to commission at least one unit each way before the end of the current Plan period. ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am Aditya Birla Nuvo (Rs 1324.40): BuyWe recommend a ‘buy’ in Aditya Birla Nuvo from a short-term perspective. From the charts of Aditya Birla Nuvo, we notice that the stock had been on an intermediate term downtrend from January 2008 peak of Rs 2,502 to its ...Source: Business Line - Home Page | 1 Aug 2008 | 12:00 am West Bengal government urges opposition to discuss Singur issueA day after Tata Motors' expressed its unhappiness over the continuing trouble at its Singur small car factory site, the West Bengal government Thursday offered to discuss the issue with the opposition again.Source: IndiaeNews.com: Business News | 31 Jul 2008 | 9:51 pm DoT to grant 2 licences for number portabilityThe government has decided to grant licences to two mobile number portability (MNP) service providers in the country, who will act as a clearing house to allow mobile users to seamlessly change theirSource: Business Standard | Front Page Headlines | 31 Jul 2008 | 6:54 pm ICICI Bank, HDFC raise interest rates 75 bpsThe countrys largest private bank ICICI Bank and the largest home mortgage company HDFC today announced a 75 basis point increase in lending rates, which will raise borrowing costs sharply forSource: Business Standard | Front Page Headlines | 31 Jul 2008 | 6:52 pm Government to revamp power sector reformsThe government Thursday decided to revamp the Accelerated Power Development and Reforms Programme (APDRP) aimed at reducing commercial and other losses of power companies.Source: IndiaeNews.com: Business News | 31 Jul 2008 | 6:30 pm ICICI hikes lending, fixed deposit ratesThe country's largest private-sector lender ICICI Bank has raised lending rate by 75 basis points (bps) effective from Friday after the Reserve Bank of India (RBI) tightened the monetary policy earlier this week.Source: IndiaeNews.com: Business News | 31 Jul 2008 | 6:03 pm Reliance Communications profits up 24 percentReliance Communications, the flagship telecom services company of the Anil Dhirubhai Ambani Group, Thursday reported a 23.9 percent jump in net profits at $352 million for the first quarter ended June 30.Source: IndiaeNews.com: Business News | 31 Jul 2008 | 6:02 pm IDBI hikes lending rates by 50 basis pointsIDBI Bank hiked lending rate by 50 basis points (bps) Thursday a few days after the Reserve Bank of India (RBI) raised cash reserve ratio and repo rate.Source: IndiaeNews.com: Business News | 31 Jul 2008 | 6:01 pm Aviation fuel price goes up again, but no fare hike nowState-run oil companies Thursday hiked aviation turbine fuel (ATF) prices by 2.8 percent, but airline operators said they will wait and watch the market situation before taking a decision on raising airfares.Source: IndiaeNews.com: Business News | 31 Jul 2008 | 6:01 pm
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