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ICICI Bank discontinues twowheeler loans at dealer\'s endOne of Indias autoloans major and the largest private sector bank, ICICI Bank has decided to discontinue two wheeler loans at its dealers end. The loans now will only be available through its branches.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 4:00 pm Dishman Pharma has 810 API projects in pipelineJ R Vyas, MD, Dishman Pharmaceuticals Chemicals Ltd said that their company has at least 810 API projects, which will give 30% boost to revenues. In the first year of start, their Chinese subsidiary will contribute Euro 10 million in revenues.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 2:52 pm BHEL to bag two orders worth Rs 3,700cr: SrcsBHEL will bag an about Rs 2,200 crore order from Mahagen for 1,000mw project, reports CNBCTV18, quoting sources. It will also bag an about Rs 1,500 crore order from GVK India for a 540mw project.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 2:44 pm Hero Honda to depend less on ICICI Bk for bike fin: SrcsHero Honda plans to reduce dependence on ICICI Bank for twowheeler financing, reports CNBCTV18, quoting sources. ICICI Bank accounted for nearly 10% of the total monthly sales for Hero Honda. ICICI Bank, HDFC Bank, and Shriram account for 25% of monthly sales via financing.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 2:44 pm Essar Steel not to up retailconsumer prices in AugJ Mehra, Director of Essar Group CEO of Essar Steel Holdings said that his company trying to absorb the high cost push. The input prices have gone up Rs.30004000/tonne. The company is not increasing prices for retail consumer this month. There is no demand reduction, Mehra said.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 1:17 pm 510% stake sale a possibility, Govt\'s call final: BSNLSD Saxena, DirectorFinance, BSNL, said the 510% stake sale is a possibility but Government\'s call will be final. He sees chances of the IPO happening within the current financial year itself. He sees FY09 revenues at Rs 45,00050,000 crore. BSNL has paid up equity of Rs 5,000 crore.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 1:00 pm No clear path to reviving WTO talks: US!Differences between the United States and leading developing countries India and China that toppled world trade talks last week are too complex to be quickly resolved, a top US trade official said on Wednesday.Source: Zee News : Business | 7 Aug 2008 | 11:22 am Time Warner to split AOL in two!Time Warner Inc said it would split AOL`s dial-up Internet and advertising businesses into separate divisions by early 2009, a move that could make a sale or merger of either business easier.Source: Zee News : Business | 7 Aug 2008 | 11:22 am ADB says no plan to sell Petronet LNG stake!The Asian Development Bank is planning to hold on to its 5.2 percent stake in Indian gas importer Petronet LNG, a bank executive said on Thursday, denying media reports that it might be about to sell.Source: Zee News : Business | 7 Aug 2008 | 11:22 am HSBC denies new deadline for KEB deal!HSBC Holdings on Thursday denied a South Korean media report saying it had agreed with US private equity firm Lone Star to set a new deadline for a USD 6.3 billion deal for control of Korea Exchange Bank.Source: Zee News : Business | 7 Aug 2008 | 11:22 am Set up debt recovery tribunals for NBFCs, ease ECB norms: FICCI!Leading industry body FICCI on Thursday said non-banking financial institutions be treated on a par with banks and also asked the government to set up a debt recovery tribunal for them and remove restrictions on overseas borrowings.Source: Zee News : Business | 7 Aug 2008 | 11:22 am Govt approves Daiichi-Ranbaxy deal!India has approved Daiichi Sankyo`s stake purchase in the country`s top drug maker by sales, Ranbaxy Laboratories, the finance ministry said in a statement on Wednesday.Source: Zee News : Business | 7 Aug 2008 | 11:22 am Oil prices drop below $119 after inventory report!Oil prices briefly dropped below USD 118 a barrel Wednesday — USD 30 below their record high — after a jump in US crude and other fuel supplies fed beliefs that high energy prices are eating into demand.Source: Zee News : Business | 7 Aug 2008 | 11:22 am BEL eyes nuke energy market!Expecting the nuclear deal with US to go through, India`s largest defence electronic company Bharat Electronic Ltd (BEL) is looking at tapping the lucrative business potential in the atomic energy sector.Source: Zee News : Business | 7 Aug 2008 | 11:22 am Raja to meet BSNL employees union on IPO!State-run telecom firm BSNL`s employees union is convinced that growth can happen without the company going for a listing, about which Communications Minister A Raja will discuss with the workers on Thursday.Source: Zee News : Business | 7 Aug 2008 | 11:22 am Dena Bank raises prime lending rate by 75 bpsMUMBAI (Reuters) - State-run Dena Bank said on Thursday it has raised its benchmark prime lending rate by 75 basis points to 14.25 percent with effect from Friday.Source: Reuters: Money News | 7 Aug 2008 | 11:20 am Rupee trims gains as oil rises, WPI reportMUMBAI (Reuters) - The rupee trimmed gains on Thursday as oil prices moved further away from three-month lows to rise above $120 per barrel and after a newspaper website reported inflation was seen rising 12.1 percent on July 26.Source: Reuters: Money News | 7 Aug 2008 | 11:18 am Indian shares rise 0.3 pct, inflation on radarBANGALORE (Reuters) - Indian shares rose 0.3 percent on Thursday to their highest close in about seven weeks, but trade was choppy on weaker world markets and ahead of dataSource: Reuters: Money News | 7 Aug 2008 | 11:17 am ICICI Bank discontinues two-wheeler loans at dealer's end - Moneycontrol.com
Source: Google News India - Business | 7 Aug 2008 | 10:59 am Coke an essential commodity for India: Austral Coke - Moneycontrol.com
Source: Google News India - Business | 7 Aug 2008 | 10:59 am See huge currency exchange mkt in India: MCX - Moneycontrol.com
Source: Google News India - Business | 7 Aug 2008 | 10:31 am Corporation Bank hikes prime lending rate by 50 basis pointsIndian public sector bank Corporation Bank revised its benchmark prime lending rate by 50 basis points Thursday in order to cope with the increase in the cost of funds, a bank statement said.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 10:31 am Equity markets closed in the greenIndian equity markets closed marginally in the green Thursday.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 10:30 am Stocks end flat after choppy session - Economic Times
Source: Google News India - Business | 7 Aug 2008 | 10:25 am Classes begin at IIT, Patna - Press Trust of India
Source: Google News India - Business | 7 Aug 2008 | 10:21 am Inflation to moderate by fiscal end - NDTV.com
Source: Google News India - Business | 7 Aug 2008 | 10:16 am Amadeus, Uniglobe launch one-stop online booking solutionA new one-stop online booking solution launched here Wednesday will enable travel agencies offer enhanced online and offline travel services to corporate as well as individual customers, its promoters say.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 10:03 am First Winner to set up 10 MW captive power plant at TarapurMUMBAI (Reuters) - Fabrics maker First Winner Industries Ltd said on Thursday it plans to set up a 10 megawatt captive thermal power plant at Tarapur, at an estimated cost of 500 million rupees.Source: Reuters: Money News | 7 Aug 2008 | 10:02 am Railways looking to enhance exports to developing countriesDiesel Locomotive Works (DLW), an Indian Railways production unit here, is all set to become a hub for exports to developing nations, especially in Africa and the Middle East.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 10:02 am Bharat Sanchar Nigam public offer still being discussedThe state-owned telecom company Bharat Sanchar Nigam Ltd (BSNL) is yet to take a decision on its proposed initial public offer, telecom minister Thiru A. Raja said here Thursday.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 10:00 am Govt looking at $10 bln IPO for BSNLNEW DELHI (Reuters) – The government hopes to raise $10 billion in the country's largest-ever IPO through a share sale in state-owned telecoms BSNL, but will take a decision only after talks with trade unions, government officials said on Thursday.Source: Reuters: Money News | 7 Aug 2008 | 9:57 am Steel cos not to raise prices in Aug - officialsMUMBAI (Reuters) - Major Indian steel makers will not raise prices after a three-month freeze ends this week despite the burden of surging input costs, but could review the decision in September, industry officials said.Source: Reuters: Money News | 7 Aug 2008 | 9:36 am Plan BSNL IPO price at Rs 300-400/sh: A Raja - Moneycontrol.com
Source: Google News India - Business | 7 Aug 2008 | 9:34 am Market ends with gain for second straight dayThe Indian equities market ended Wednesday with a marginal gain for the second consecutive day amidst extreme volatility.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 9:32 am Bharti Airtel to launch iPhone on Aug 22Almost two months after Apple chief executive Steve Jobs' keynote address featured the Bharti logo prominently alongside the likes of AT and amp;T and O2 as mobile operators who will sell the iPhone 3G worldwide, Bharti Wednesday formally announced Aug 22 would be the launch date.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 9:31 am TSG International sets up luxury brand boutiques in BangaloreIndian fashionwear marketing company TSG International Marketing Ltd is all set to launch four boutiques here to sell global luxury brands of renowned designers, a top company official said Wednesday.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 9:31 am Powergrid forms JV for Teesta power projectThe state-owned Power Grid Corporation of India Limited (PGCIL) has set up a joint venture for evacuation of electricity from the power plant being constructed in Teesta basin in north Sikkim.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 9:31 am DQ Entertainment to start operations in West BengalAnimation company DQ Entertainment will shortly start operations in West Bengal, Information Technology (IT) Minister Debesh Das said here Wednesday.Source: IndiaeNews.com: Business News | 7 Aug 2008 | 9:30 am Will fuel prices be deregulated?The government had set up a high powered commitee to review the subsudy sharing formula for stateowned oil marketing companies. Chaired by BK Chaturvedi, the commitee is believed to have recommended a windfall profit tax and the deregulation of petrol, diesel and kerosene price.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 9:20 am India gold softer, demand still strongMUMBAI (Reuters) - India's gold prices eased on Thursday and demand continued to be strong as buyers rushed to take advantage of soft overseas markets and a stronger local currency, dealers said.Source: Reuters: Money News | 7 Aug 2008 | 9:17 am Bhartis iPhone success depends on offtakeBharti may be one of the first movers in making 3G services available to Indian subscribers with the planned launch of iPhone 3G version later this month. The key benefit to Bharti, if this launch clicks, would be possible upgradation of its existing users to this product, creating better potential for valueadded service revenues.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 8:50 am Bharat Forge to foray into ultra heavy forgings bizAs part of its initiative into the nonauto component business, Punebased forgings maker Bharat Forge Ltd (BFL) plans to step into the manufacture of ultra heavy forgings catering to the power sector, including nuclear plants.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 8:48 am Bosch develops system to reduce fuel consumptionBosch has developed an electronic system that will help in reducing fuel consumption by switching off the combustion engine when the vehicle is stationary, particularly during traffic jams or at traffic signals.Source: Moneycontrol Top Headlines | 7 Aug 2008 | 8:45 am Shiv-Vani bags Rs 1610 cr order from ONGC - Hindu
Source: Google News India - Business | 7 Aug 2008 | 8:41 am Hold Idea Cellular: A Madan - Moneycontrol.com
Source: Google News India - Business | 7 Aug 2008 | 7:43 am Possible foray in power sector fails to lift Bharat Forge - NDTV.com
Source: Google News India - Business | 7 Aug 2008 | 7:36 am Inflation seen below double-digits by FY-endNEW DELHI (Reuters) - India's headline inflation rate, which is ruling at a 13-year high just below 12 percent, is expected to fall to below double-digits by the end of the fiscal year, a top government official said on Thursday.Source: Reuters: Money News | 7 Aug 2008 | 6:57 am Oil recovers from 3-month low, eyes on supplySINGAPORE (Reuters) - Oil rose on Thursday after dipping to three-month lows on worries over slowing U.S. demand, as the market's focus returned to supply concerns in Turkey, Nigeria and Iran.Source: Reuters: Money News | 7 Aug 2008 | 6:48 am Games to turn investors on or off China?BEIJING (Reuters) - The Olympic Games that start in Beijing on Friday will probably only enhance China's attractiveness as an investment destination, but there is still plenty that could go wrong to chill sentiment.Source: Reuters: Money News | 7 Aug 2008 | 5:28 am Net direct tax collections up 47% in April-JulyNew Delhi, Aug 6 The Centre’s direct tax revenues continue to be buoyant, with net collections recording a 46.95 per cent growth in the first four months of the current fiscal. ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am IT’s good going in retail, manufacturingService providers say growth in revenues from US continues. Despite sporadic customer walk-outs or price renegotiation requests, especially in the financial services industry, things have not been bad for the Indian IT services ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am Konkan-Gujarat belt may witness monsoon furyVery heavy rainfall likely over parts of Maharashtra. Thiruvananthapuram, Aug 6 The Konkan-Mumbai-Gujarat belt is bracing to deal with a monsoon pulling itself together around a fresh ‘low’ in the Bay of Bengal and a ‘monsoon ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am Exchange-traded futures to begin with Re-$ contractsRBI, SEBI issue final guidelines; only residents eligible. Mumbai, Aug 6 After months of deliberations, both the Securities and Exchange Board of India and the Reserve Bank of India, on Wednesday issued final guidelines for launching exchange ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am Fears on overheating of economy allayedHigh growth trajectory is expected to be maintained. Bangalore, Aug 06 The country was expected to maintain the high growth trajectory in the Eleventh Plan period despite the current high rates of ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am Rolta India (Rs 310.35): SellWe recommend a sell in Rolta India from a short-term perspective. From the charts of Rolta India, we observe that the stock has been on a medium-term uptrend from its early July low of Rs 224. This uptrend has reversed from the significant ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am ICICI Bank scales down presence in 2-wheeler outletsBank says it’s changing the financing model. New Delhi, Aug 6 Two-wheeler finance has hit a roadblock as banks are pulling out their retail presence from dealerships. ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am Revenues push Tata Steel higher on Fortune list; no plans to list holding companyKolkata, Aug. 6 Tata Steel has been ranked 231 on the list of Global 500 companies by Fortune magazine and not 315, a clarification on the Web site of the magazine has stated. This is the first time that the company has ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am Videocon semiconductor project runs into rough weatherCIDCO’s land, stake valuation may come under scanner. Mumbai Aug 6 The CIDCO-Videocon land deal, which kicked up a political storm within the ruling Congress-led coalition in Maharashtra over the price the State Government is offering ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am Day Trading GuideAfter encountering key resistance at around Rs 745, the stock lost its intraday gains in the last trading session. Fresh short-position can be initiated if the stock declines below Rs 690, with tight stop. ...Source: Business Line - Home Page | 7 Aug 2008 | 12:00 am Now, coaching classes will be a field for M&AsMahesh Tutorials, which was perhaps the first coaching class to get private equity funding in India, is working on an acquisition strategySource: Daily News & Analysis: Money News | 6 Aug 2008 | 10:32 pm Automakers take steps towards hybrid carsIf a clutch of automobile makers have their way, India may soon join the 'hybrid' club.Source: Daily News & Analysis: Money News | 6 Aug 2008 | 10:31 pm GSM lobby stiffens standThe issue of interconnection between dual-technology operators and pure-play GSM (global system for mobile communications) players has taken a turn for the worseSource: Daily News & Analysis: Money News | 6 Aug 2008 | 10:29 pm Mobile virtual network firms get green signalMore than five months after the launch of the Tata-Virgin Mobile joint venture, the Telecom Regulatory Authority of India (Trai) has recommended allowing MVNOs (mobile virtual network operators)Source: Daily News & Analysis: Money News | 6 Aug 2008 | 10:28 pm Global airlines will offer 7% less seatsGlobal airline capacity will be trimmed by around 7% -or 59.7 million seats - by the last quarter of 2008, compared with the same period last yearSource: Daily News & Analysis: Money News | 6 Aug 2008 | 10:25 pm Tata Power likely to skirt Bumi royalty shockerThe Indonesian government has imposed a $595 million royalty charge on first-generation coal companies operating in the country.Source: Daily News & Analysis: Money News | 6 Aug 2008 | 10:23 pm RBI paves way for currency futuresThe Reserve Bank of India (RBI) on Wednesday allowed exchange-traded currency futures by putting out guidelines on the same.Source: Daily News & Analysis: Money News | 6 Aug 2008 | 10:22 pm NBFCs need bank-like status: FicciNBFCs are currently regulated by the RBI. However, Verma clarified that his task force is not recommending an agency separate from the RBI.Source: Daily News & Analysis: Money News | 6 Aug 2008 | 10:20 pm Bird Group eyes regional flightsThe government's regional connectivity plan may not have had a flying start, but there seems to be no dearth of takers for it.Source: Daily News & Analysis: Money News | 6 Aug 2008 | 10:19 pm Philips sees bright future for power-saving lampsCompact fluorescent lamps (CFLs), which consume lower electricity than incandescent lamps, would grow at a significant pace for the next 4-5 yearsSource: Daily News & Analysis: Money News | 6 Aug 2008 | 10:17 pm No unanimity in govt on inflation control: FMFinance Minister P Chidambaram today revealed that while he favoured tough administrative measures to control price rise, there was no unanimity on this issue in cabinet.??At a closed-door workshop ofSource: Business Standard | Front Page Headlines | 6 Aug 2008 | 7:05 pm Global rly firms on track for Delhi station upgradeGlobal railway companies have emerged the top contenders on technical parameters for the countrys first railway station modernisation and operation project in New Delhi, the first ofSource: Business Standard | Front Page Headlines | 6 Aug 2008 | 7:03 pm
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