|
|
|
|
Shaky wicket: Will SpiceJetWilbur Ross deal go through?The SpiceJet Wilbur Ross deal may not be through just as yet. The SpiceJet officials confirmed that the exclusivity clause for closing the deal had ended on July 31 and has now been extended. SpiceJet also denied reports of the deal being on shaky wicket adding that the structural issues will be finalised in the next few days.Source: Moneycontrol Top Headlines | 9 Aug 2008 | 2:25 pm IBM data centres to cut power bills by 4050%The south has been reeling under a power crisis for a while now. IBM has decided to do its bit for Bangalore. Bangalore is an estimated USD 1.3 billion market in India alone and is growing at 2530% every year. IBM hopes to capture this market for energy efficient data centers with second phase of its projects.Source: Moneycontrol Top Headlines | 9 Aug 2008 | 1:18 pm B\'lore cos to stamp their names at OlympicsBangalore is all set to make a splash at what is being pitched as the largest sporting spectacle in the world. Companies in Bangalore are rooting for gold and are using the games as an opportunity to stamp their names on international arena.Source: Moneycontrol Top Headlines | 9 Aug 2008 | 12:56 pm H\'bad, B\'lore, Kochi: Which city will get Metro rail first?Delhi metro success story has inspired similar projects in the south of India. The question now arises which city will get the metro first? Will it be Bangalore, Kochi or Hyderabad?Source: Moneycontrol Top Headlines | 9 Aug 2008 | 12:36 pm BlackBerry Bold to take on iPhoneGlobal telecom major Research in Motion (RIM), makers of mobile handset BlackBerry, has finally unveiled its much touted BlackBerry Bold smartphone.Source: Daily News & Analysis: Money News | 9 Aug 2008 | 11:10 am Delhi's IGI airport may have third airway in operation by end of month - domain-B
Source: Google News India - Business | 9 Aug 2008 | 11:02 am Oil's plunge powers rally on Wall StreetNEW YORK (Reuters) - U.S. stocks soared on Friday rounding out their best week in more than three months, as oil plunged below $115 a barrel, easing inflation concerns and improving prospects for business and consumer spending.Source: Reuters: Money News | 9 Aug 2008 | 10:59 am Sprint eyes sale of Nextel`s iDen network!Sprint Nextel Corp is considering a sale of the Nextel wireless network it bought in 2005, but may have trouble finding a buyer for an asset whose value has plunged about 80 percent to an estimated USD 5 billion.Source: Zee News : Business | 9 Aug 2008 | 10:52 am Nike CEO received $7.6 mn in 2008!The chief executive of Nike Inc, Mark Parker, earned USD 7.6 million in total compensation during the 2008 fiscal year, more than doubling his calculated compensation from 2007.Source: Zee News : Business | 9 Aug 2008 | 10:52 am RBS falls into huge loss of $11.4 bn!A 5.9 billion pound (USD 11.4 billion) writedown on risky assets sent Royal Bank of Scotland to a first-half loss of 691 million pounds - better than feared, but still one of the biggest losses in British history.Source: Zee News : Business | 9 Aug 2008 | 10:52 am Insurance hits Berkshire Hathaway`s 2Q profit!Berkshire Hathaway Inc. reported an 8 percent decline in second-quarter profit Friday because it collected fewer insurance premiums and recorded USD 1 billion in unrealized derivative losses.Source: Zee News : Business | 9 Aug 2008 | 10:52 am Opec should consider oil cut if needed: Venezuela!Opec should consider an output cut at its upcoming meeting, if it were warranted by market circumstances, Venezuela Energy Minister Rafael Ramirez said on Friday, adding Venezuela could back such a cut.Source: Zee News : Business | 9 Aug 2008 | 10:52 am Global commercial property sales halved: Study!World sales of major commercial properties fell 49 percent to USD 306 billion in the first six months of 2008 from the same period last year, as sales in developed countries were hit hard by the credit crisis and slowing economies, a report released on Friday said.Source: Zee News : Business | 9 Aug 2008 | 10:52 am Oil falls to $115 on economic worries!Oil dropped USD 5 to a three-month low on Friday as the dollar surged and concerns about global economic growth weighed on demand expectations.Source: Zee News : Business | 9 Aug 2008 | 10:52 am Google, Yahoo partially disclose terms of ad pact!Google Inc and Yahoo Inc released on Friday excerpts of a pact covering their search advertising partnership that keeps secret financial terms and the extent of other ties between the two.Source: Zee News : Business | 9 Aug 2008 | 10:52 am IEA chief sees tension on oil markets in mid termBERLIN (Reuters) - Tension on global oil markets will ease over the next couple of years but will probably increase again after that, the head of the International Energy Agency (IEA) was quoted on Saturday as saying.Source: Reuters: Money News | 9 Aug 2008 | 10:52 am Lee Cooper unveils Beijing collectionLee Cooper has formally unveiled its Team Great Britain's formal wear for the Beijing Olympics 2008 to the world, a statement issued by the company said on Saturday.Source: Daily News & Analysis: Money News | 9 Aug 2008 | 10:51 am 'Maritime terrorism gains roots in Indian Ocean' - Economic Times
Source: Google News India - Business | 9 Aug 2008 | 10:49 am Tata Teleservices to invest $2 bn in GSM servicesTata Teleservices will invest $2 billion to roll out GSM-based mobile services in India, said a top official.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 10:33 am Lee Cooper unveils Beijing collectionLeading lifestyle apparel and accessories brand Lee Cooper has formally unveiled its Team Great Britain's formal wear for the Beijing Olympics 2008 to the world, a statement issued by the company said Saturday.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 10:31 am Austral to take legal action against Gujarat NRE - Sify
Source: Google News India - Business | 9 Aug 2008 | 9:55 am RBI panel for STT waiver on trades in interest rate futures - Sify
Source: Google News India - Business | 9 Aug 2008 | 9:47 am Chhattisgarh to get Rs.427.6 bn in steel sectorAs many as 20 steel makers have signed separate deals with the Chhattisgarh government that will bring investments worth Rs.427.61 billion ($10.2 billion) to the state, a senior minister said here Saturday.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 9:32 am Interest rates on credit cards set to go upIf you are a frequent user of credit card, you better think twice before swiping it.Source: Moneycontrol Top Headlines | 9 Aug 2008 | 9:23 am Star set to launch regional channelsThe first of Stars regional channels to be launched post the recent visit of News Corp chief, Mr Rupert Murdoch, will be a Bengali general channel entertainment channel possibly named Star Jolsa. According to industry sources, the channel, a Star venture, could be launched before a months time.Source: Moneycontrol Top Headlines | 9 Aug 2008 | 9:22 am Dreamworks deal with Reliance ADA nearly complete - WSJMUMBAI (Reuters) - A deal between Steven Spielberg's DreamWorks SKG and Reliance ADA Group to set up a new film company is on the verge of completion, the Wall Street Journal reported on Saturday.Source: Reuters: Money News | 9 Aug 2008 | 9:20 am Power crisis looms large as thermal stns starve for coalThe coal shortage situation that has been brewing across the countrys thermal power stations has taken a turn for the worse, with at least six major thermal power stations across the country reporting that they have run out of coal stocks.Source: Moneycontrol Top Headlines | 9 Aug 2008 | 9:17 am Jaiprakash Associates to invest Rs 3,000 crThe Rs 4,270crore Jaiprakash Associates Ltd proposes to invest Rs 3,000 crore over the next four years to create new capacities and augment the existing capacities of cement and cement products.Source: Moneycontrol Top Headlines | 9 Aug 2008 | 9:13 am BSE drops plan to acquire stake in NMCEThe Bombay Stock Exchange on Friday dropped its plans to pick up a stake in the Ahmedabadbased National Multi Commodity Exchange (NMCE), after it had signed an agreement to do so.Source: Moneycontrol Top Headlines | 9 Aug 2008 | 9:10 am Wall St Week Ahead: Oil's drop may spur rebound; CPI in focusNEW YORK (Reuters) - Wall Street may extend its recovery push next week as investors bet that a further drop in oil prices will restrain inflation and boost prospects for profit growth.Source: Reuters: Money News | 9 Aug 2008 | 8:34 am Sterlite gets nod for Bauxite mining in Orissa - Moneycontrol.com
Source: Google News India - Business | 9 Aug 2008 | 8:33 am IIM-A to help project management in ChhattisgarhThe Indian Institute of Management-Ahmedabad (IIM-A) will provide tips on project management to the Chhattisgarh government, according to a memorandum of understanding (MoU) signed between the two here.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 8:31 am Chhatisgarh to get Rs.57.1 bn for nine cement plantsNine Indian cement companies will invest a total of Rs.57.1 billion to set up nine cement plants in Chhattisgarh, a minister in the state government said here Saturday.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 8:00 am New policy to help spread IT to smaller citiesThe Indian government has notified a policy for Information Technology Investment Regions (ITIR), to help the information technology (IT) industry to spread out to tier II and tier III cities.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 8:00 am D-St Outlook - Economic Times
Source: Google News India - Business | 9 Aug 2008 | 7:35 am Head hunting firm Randstad starts integrating Indian subsidiariesThe Netherlands-based 9.19-billion euro ($13.9-billion or Rs.586-billion) global staffing solutions company Randstad Holding has started consolidating its Indian operations.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 7:31 am Investment policy gives urea sector a big leg-up... - Sify
Source: Google News India - Business | 9 Aug 2008 | 7:13 am New air-conditioned radio taxi service launched in KolkataIndo-Japanese joint venture infrastructure company ORIX Auto Infrastructure Services Ltd. (OAIS) has launched an air-conditioned radio taxi service here.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 7:00 am Allahabad Bank hikes BPLR by 50 bps - TopNews
Source: Google News India - Business | 9 Aug 2008 | 5:07 am Sensex crosses 15,000 on fall in crude oil pricesIndia's main equity market gained more than 500 points during the week on the back of sharp falls in crude oil prices and closed above the psychologically important 15,000 mark Friday.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 5:00 am Swaminathan nurtures his foundation to adulthoodIndia's top agricultural scientist M.S. Swaminathan got the first World Food Prize in 1987. He used the $200,000 to set up the research foundation that has become an adult this week.Source: IndiaeNews.com: Business News | 9 Aug 2008 | 4:31 am Reliance Communication To Start DTH Service From August 15 - TopNews
Source: Google News India - Business | 9 Aug 2008 | 4:21 am Google, Yahoo partially disclose terms of ad pactSAN FRANCISCO (Reuters) - Google Inc and Yahoo Inc released on Friday excerpts of a pact covering their search advertising partnership that keeps secret financial terms and the extent of other ties between the two.Source: Reuters: Money News | 9 Aug 2008 | 3:37 am Global commercial property sales halved - studyNEW YORK (Reuters) - World sales of major commercial properties fell 49 percent to $306 billion in the first six months of 2008 from the same period last year, as sales in developed countries were hit hard by the credit crisis and slowing economies, a report released on Friday said.Source: Reuters: Money News | 9 Aug 2008 | 1:27 am Steel makers will get inputs at reasonable rates - Hindu
Source: Google News India - Business | 9 Aug 2008 | 12:32 am More glitter in paper goldFlaunting one’s jewellery is fraught with danger. Ask the chastened lady denizens of Chennai in particular who have displayed this hazardous proclivity that presents them as sitting ducks even to the greenhorn thief on the prowl. ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am ‘Rakhi’ bonds courier cos with consumersMumbai, Aug. 8 When physical distances keep loved ones apart, festivals become occasions to express emotions. And courier companies are doing their bit, designing innovative gift packs to bridge distances and to be part of the festive ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am SC okays forest clearance for Posco, Sterlite projectsSterlite to pay 10% profit or Rs 10 cr, whichever is more, for tribal welfare. New Delhi, Aug. 8 In a significant ruling that may boost the morale of the investing community, the Supreme Court on Friday gave its go ahead for diversion of ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am Is inflation-adjusted tax system feasible?With inflation rate running in double digits since the last two months, and with not signs of it falling in the near term, an issue that needs to be looked at consideration is whether the Income-Tax Act should be indexed for ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am Banks act tough on 2-wheeler inventory fundingNew Delhi, Aug. 8 Banks are not going slow just on retail financing of two-wheeler loans, but are also being tough with dealers on inventory funding. ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am Banks face audit burden on farm loan reimbursementIBA takes up issue with Government. Mumbai, Aug. 8 Even as the Government is gearing up to disburse the first tranche of farm loan reimbursement by September 30, banks are facing a new problem, which could delay the entire ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am Interest rates on credit cards set to go upNo alternative as cost of funds has gone up, say banks. Hyderabad, Aug. 8 If you are a frequent user of credit card, you better think twice before swiping it. ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am BSE drops plan to acquire stake in NMCEMumbai, Aug. 8 The Bombay Stock Exchange on Friday dropped its plans to pick up a stake in the Ahmedabad-based National Multi Commodity Exchange (NMCE), after it had signed an agreement to do so. ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am Markets this weekIn the absence of earth-shattering news, markets on Monday turned lacklustre and moved in a range to finish with a slender loss of 78 points in the BSE at ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am Cabinet nod for Punjab & Sind Bank equity rejigNew Delhi, Aug. 8 Punjab & Sind Bank (PSB) may soon be able to tap the capital market through an initial public offering (IPO) at a reasonable premium, with the Union Cabinet on Friday giving its nod for restructuring its equity capital. ...Source: Business Line - Home Page | 9 Aug 2008 | 12:00 am Life insurance firms hit speed breakerPrivate life insurers players are expected to grow their new business premium by 40-60% in the current financial year, down from a 75% growth registered in the previous year.Source: Daily News & Analysis: Money News | 8 Aug 2008 | 11:07 pm 'Flouting safety rules may prove costly'The civic body has decided to tighten the noose around industrial estates, commercial godowns and warehouses flouting fire safety norms.Source: Daily News & Analysis: Money News | 8 Aug 2008 | 10:51 pm Work on two Infy SEZs begins todayAfter a two-year impasse, Infosys Technologies will formally kick off work to set up two special economic zones (SEZs) at Pocharam, 30 km east of HyderabadSource: Daily News & Analysis: Money News | 8 Aug 2008 | 10:26 pm Troubles swell for BSE as head puts in papersTroubles at Asia's largest and India's second-largest exchange are multiplying.Source: Daily News & Analysis: Money News | 8 Aug 2008 | 10:25 pm ...other biz, not urea, drive fert co valuationsValuation of fertiliser companies are driven more by the performance of their other businesses rather their core business of urea, according to analysts.Source: Daily News & Analysis: Money News | 8 Aug 2008 | 10:24 pm Investment policy gives urea sector a big leg-up...The policy will ensure higher revenue for fertiliser companies as it raises the payout linked to import parity price.Source: Daily News & Analysis: Money News | 8 Aug 2008 | 10:23 pm SC green signal to $13bn plantsThe region is considered sacred by the Dongria Kondh tribes who live here and enjoy special status under the Constitution.Source: Daily News & Analysis: Money News | 8 Aug 2008 | 10:21 pm Mercator Lines enters offshore bizMercator Lines, a marine transportation major, has entered the booming offshore segment by contracting its first offshore oil drilling rig to Greatship India LtdSource: Daily News & Analysis: Money News | 8 Aug 2008 | 10:20 pm Tata Tele puts stake sale in tower arm on holdTata Teleservices has put on hold its stake sale in the tower arm, reports CNBCTV18. \"The move will not happen in the nearterm. We expect higher valuations due to the advent of 3G. The company has exclusive rights over the Virgin brand. It is now up to Virgin to approach the company if they want to operate as MVNO.\"Source: Moneycontrol Top Headlines | 8 Aug 2008 | 9:51 pm BSE calls off deal to buy NMCE stakeRajnikant Patel resigns as BSE MD & CEO; Mahesh Soneji takes temporary charge.??The Bombay Stock Exchange (BSE) has called off its plan to acquire 26 per cent in the Ahmedabad-based National MultiSource: Business Standard | Front Page Headlines | 8 Aug 2008 | 6:48 pm Supreme Court clears POSCO, Vedanta projectsNEW DELHI (Reuters) - Hurdles blocking two major projects, including India's biggest foreign investment, were cleared by the Supreme Court on Friday despite protests from farmers and an ancient tribe angry over losing their land.Source: Reuters: Money News | 8 Aug 2008 | 4:02 pm Indian steel firms should boost output - officialNEW DELHI (Reuters) - India's steel makers should step up expansion to meet growing demand and ensure price stability, a top steel ministry official said, but firms fear an agreed freeze on prices and surging input costs will hit their growth.Source: Reuters: Money News | 8 Aug 2008 | 1:11 pm Chidambaram: RBI moves to tame inflation in 3-6 mthsBANGALORE (Reuters) - Finance Minister Palaniappan Chidambaram said on Friday the Reserve Bank of India's tight monetary policy stance would help tame inflation in 3-6 months.Source: Reuters: Money News | 8 Aug 2008 | 11:57 am Tobacco farmers light up acreage despite govt frownHUNSUR, India (Reuters) - Farmers in India have increased acreage under tobacco in tandem with a sharp spike in global tobacco prices, a move that flies in the face of official attempts to discourage cultivation of the leaf.Source: Reuters: Money News | 8 Aug 2008 | 11:52 am
|
