|
|
|
|
Thermax bidding for proj with order size above Rs 500crMS Unnikrishnan, MD, Thermax, said the company has bagged a Rs 440 crore order for waste gas energy. \"We are bidding for multiple projects with an average order size of Rs 500 crore.\"Source: Moneycontrol Top Headlines | 13 Aug 2008 | 2:45 pm Puravankara Projects forms lowcost housing armAshish Puravankara, Director, Puravankara Projects, said the company first project would be in Bangalore. \"It will be launched in three months. The funding costs of the Bangalore project stands at 13.514%. The arm plans to build 64,500 affordable homes in Phase I, which will cost Rs 80 billion.\"Source: Moneycontrol Top Headlines | 13 Aug 2008 | 2:37 pm IVRCL Infra expects 2 orders of Rs 250 cr eachSudhir Reddy, CMD of IVRCL Infra Projects, expects two orders worth at least Rs 250 crore each this month. He said get an infra compaby can get hurt the most if it bids about six months back and does a financial closure another six months later, and if the interest rate goes up by 1%, then one will get hit by almost 23%.Source: Moneycontrol Top Headlines | 13 Aug 2008 | 2:00 pm Bbay HC ruling against MIAL may risk pvt interest in PPPsA recent Bombay High Court ruling against the Mumbai International Airport said that while the airport was being run by a private operator it had the same responsibilities as any government agency, hence has to follow the same rules. This judgment could in fact jeopardise private interest in all kinds of PPPs (Public Private Partnership).Source: Moneycontrol Top Headlines | 13 Aug 2008 | 10:47 am Indian shares provisionally end down 0.7 pctBANGALORE (Reuters) - Indian shares provisionally dropped 0.66 percent on Wednesday, led lower by lenders such as ICICI Bank and HDFC Bank, with concerns about an economic slowdown weighing on sentiment.Source: Reuters: Money News | 13 Aug 2008 | 10:05 am India Rubber Summit on Aug 16 - Hindu
Source: Google News India - Business | 13 Aug 2008 | 9:53 am Coal Minister Denies Fuel Shortage For Power Plants - TopNews
Source: Google News India - Business | 13 Aug 2008 | 9:52 am PM eco panel cuts FY09 GDP growth estimate to 7.7% - Moneycontrol.com
Source: Google News India - Business | 13 Aug 2008 | 9:46 am POLL - Inflation seen at 12.21 pct on Aug 2MUMBAI (Reuters) - India's annual inflation rate is expected to have risen further above 12 percent in early August, driven by commodities and strong demand in the economy, a Reuters poll of 11 economists showed on Wednesday.Source: Reuters: Money News | 13 Aug 2008 | 9:38 am Sensex has a choppy ride; Sterlite, Infosys stay firm @ 14:35 hrs - Sify
Source: Google News India - Business | 13 Aug 2008 | 9:22 am Deora seeks explanation on diesel shortages - Hindu
Source: Google News India - Business | 13 Aug 2008 | 9:19 am Rupee extends losses on offshore arbitrageMUMBAI (Reuters) - The rupee extended losses in afternoon trade on Wednesday as traders bought dollars in the local market to sell it offshore and take advantage of the high price differential.Source: Reuters: Money News | 13 Aug 2008 | 9:05 am Tata Steel to set up $5-bn plant in VietnamSteel major Tata steel Wednesday signed a joint venture agreement with Vietnam Steel Corp, Vietnam's largest steel company, and Vietnam Cement Industries Corp to set up a steel plant in Vietnam, it said in a statement.Source: IndiaeNews.com: Business News | 13 Aug 2008 | 9:00 am NMDC to sign JV with Rio Tinto: reports - India Infoline.com
Source: Google News India - Business | 13 Aug 2008 | 9:00 am India gold inches up, demand pausesMUMBAI (Reuters) - India's gold demand paused on Wednesday as prices inched up tracking an overseas rebound, but dealers said many buyers waited for lower levels as retail demand had already set in.Source: Reuters: Money News | 13 Aug 2008 | 8:56 am Oil firmer ahead of U.S. dataLONDON (Reuters) - Oil firmed on Wednesday ahead of U.S. weekly oil data, which is expected to show drops in crude and gasoline inventories.Source: Reuters: Money News | 13 Aug 2008 | 8:52 am Sun Direct gears up for allIndia DTH launchSun Network\'s directtohome or DTH service is set to shine across the country. After launching six months ago in the South, it will now take on the big boys Dish TV and Tata Sky. With a competitive subscription price of Rs 999 per year, Sun DTH says it has managed to garner 1.6 million subscribers.Source: Moneycontrol Top Headlines | 13 Aug 2008 | 8:52 am Equity markets stay in the red early afternoonIndian equity markets stayed in the red early Wednesday afternoon, with selling pressure on banking, realty and capital goods stocks.Source: IndiaeNews.com: Business News | 13 Aug 2008 | 8:32 am GLOBAL MARKETS - Credit concerns hit stocks, high-yielding FXLONDON (Reuters) - Investors cut back on risky assets on Wednesday, dumping emerging market stocks and high-yielding currencies on global credit and economic concerns while the dollar stepped back from this week's six-month peak.Source: Reuters: Money News | 13 Aug 2008 | 8:27 am RIL to start crude production from KG basin next monthWith a FPSO (Floating, Production, Storage and Offloading) vessel set to stream into Kakinada from Singapore shortly , Reliance Industries Ltd is gearing up to extract crude from its Krishna Godavari basin wells by the second half of September.Source: Moneycontrol Top Headlines | 13 Aug 2008 | 8:24 am Govt rules out hike in coal prices this fiscalThe Government on Tuesday ruled out increase in coal prices during the current financial year, while stating that its emphasis was on supplying affordable coal to everyone who genuinely needed it.Source: Moneycontrol Top Headlines | 13 Aug 2008 | 8:22 am Intel, Nasscom initiative for software cosChipmaker Intel Corp said on Tuesday that it has, in collaboration with the National Association of Software and Services Companies (Nasscom), launched the NasscomIntel Product Connect, an initiative to provide technology and business benefits to Indian software companies.Source: Moneycontrol Top Headlines | 13 Aug 2008 | 8:21 am WHO, Zydus sign pact to develop drugs for rabiesCadila Healthcare Ltd (Zydus Cadila) has entered into an agreement with World Health Organisation (WHO) to explore collaboration in the development of a cocktail for the treatment of rabies, through the use of monoclonal antibodies (MAbs), the nextgeneration biologicals.Source: Moneycontrol Top Headlines | 13 Aug 2008 | 8:19 am Goldman Sachs to invest $20 m in SpiceJetGoldman Sachs is to invest $20 million (Rs 76 crore) in the low cost airline SpiceJet by subscribing to equity warrants of the company under Securities and Exchange Board of India (SEBI) preferential issue guidelines.Source: Moneycontrol Top Headlines | 13 Aug 2008 | 8:17 am Imperial deal, eyed by ONGC, Sinopec, likely within days - sourceHONG KONG, Aug 13 (Reuters) - Russian oil producer Imperial Energy Corp Plc , which is in the sights of China's Sinopec Group and India's ONGC, could be sold within days, a source familiar with the situation said on Wednesday.Source: Reuters: Money News | 13 Aug 2008 | 8:17 am India interest rates have almost peaked -SBI chief - Reuters
Source: Google News India - Business | 13 Aug 2008 | 8:01 am Sixth Pay Commission report to be put up for approval - Business Standard
Source: Google News India - Business | 13 Aug 2008 | 7:36 am India's diesel demand soars, no fuel price cut - minNEW DELHI (Reuters) - India's diesel demand is growing at an unexpectedly high rate of 23-24 percent, the oil minister said on Wednesday, causing shortages in some regions.Source: Reuters: Money News | 13 Aug 2008 | 7:34 am Coal India to restart excavation in 18 abandoned minesThe largest coal mining company of the country, Coal India Ltd (CIL), will extract coal from 18 abandoned underground mines owned by three of its subsidiaries - Eastern Coalfields Ltd, Bharat Coking Coal Ltd and Central Coalfields Ltd - in partnership with private players, a company official said.Source: IndiaeNews.com: Business News | 13 Aug 2008 | 7:32 am India to grow 7.7 pct in 08/09, fiscal stress growingNEW DELHI (Reuters) - India's economy is expected to grow 7.7 percent in the year to March-end, cooling from the year before and below a recent forecast from the Reserve Bank of India (RBI), a government report said on Wednesday.Source: Reuters: Money News | 13 Aug 2008 | 7:26 am India inflation could climb higher - officialNEW DELHI (Reuters) - India's headline inflation rate, which is hovering at a 13-year high, could rise further, the outgoing chief of Prime Minister Manmohan Singh's Economic Advisory Council said on Wednesday.Source: Reuters: Money News | 13 Aug 2008 | 7:25 am Tata Steel in JV with Vietnam Steel - Economic Times
Source: Google News India - Business | 13 Aug 2008 | 6:29 am Tesco plans foray into India - Moneycontrol.com
Source: Google News India - Business | 13 Aug 2008 | 5:52 am Equity markets start in the redIndian equity markets opened lower Wednesday following weak global cues. They recovered a bit but were still in the red in early trade. Banking, PSU and oil and gas stocks were under selling pressure.Source: IndiaeNews.com: Business News | 13 Aug 2008 | 5:00 am Indian fashion brand forays into Middle EastChennai-based fashion brand Gatsby Collection has announced its foray into the Middle East with the opening of a new outlet in Oman.Source: IndiaeNews.com: Business News | 13 Aug 2008 | 4:00 am Industrial growth in June slows to 5.4%However, it is sequentially higher than the May numbers. New Delhi, Aug. 12 Amid a continuing lacklustre performance by the core sector, industrial output registered a modest 5.4 per cent growth in June 2008 compared with a much higher 8.9 per ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am Hindustan Unilever (Rs 242.95): SellWe recommend a sell in Hindustan Unilever from a short-term perspective. It is evident from the charts of the company that it was on an up move from the support level of Rs 190 from early July. This up move got arrested after encountering ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am Core sector growth slows to 3.4%New Delhi, Aug. 12 Growth in six core infrastructure industries slowed down to 3.4 per cent in June 2008 against 5.2 per cent in June 2007 due to the dismal performance of five sectors — electricity, finished steel, crude oil, cement and ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am Domestic airlines see 12% drop in July passenger trafficFor the second consecutive month, the domestic airline industry has carried fewer passengers. ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am Softening crude may help oil marketing cos cut retail lossesNew Delhi, Aug 12 The continued softening of global crude oil prices would result in bringing down the under recoveries of the public sector oil marketing companies (OMCs) for the current fiscal. ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am TRAI wants DoT to review 3G policySeeks auction for CDMA players. New Delhi, Aug. 12 The Telecom Regulatory Authority of India has told the Government that there should be a review of some parts of the recently announced policy for third generation mobile policy, including the ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am Sugar decontrol put on backburnerNew Delhi, Aug 12 The Centre has put sugar decontrol on the backburner, following a flaring up of open market prices ahead of the festival season in an election ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am RIL to start crude production from KG basin next monthFPSO vessel to arrive shortly from Singapore. Hyderabad, Aug. 12 With a FPSO (Floating, Production, Storage and Offloading) vessel set to stream into Kakinada from Singapore shortly , Reliance Industries Ltd is gearing up to extract crude ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am UK giant Tesco steps in with wholesale outletsIn separate franchise deal with Trent for hypermarket development. Mumbai, Aug. 12 After major overseas retailers Wal-Mart, Metro and Marks & Spencer, now the UK’s largest grocer Tesco has got its foothold in the Indian retail ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am NSE gets SEBI’s nod for currency futures tradingConducts mock trade for IPO arrangement. Mumbai, Aug. 12 Capital markets’ regulator SEBI has given the nod to NSE to offer currency futures ...Source: Business Line - Home Page | 13 Aug 2008 | 12:00 am Infosys cuts down hiring target by 10,000 this fiscal!Indicating a slowdown in hiring activities in the IT sector, the country`s second largest software firm Infosys on Tuesday said it plans to hire about 25,000 people in the current fiscal, nearly 29 percent less than the total recruitments in the last financial year.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm Central Bank hikes deposit rates up to 1.25% !State-run Central Bank of India today increased its deposit rates by up to 1.25 per cent in various maturities with effect from August 11.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm Air India signs USD 214 mn loan facility to buy 8 aircrafts !National air-carrier, Air India, today said that it has signed a USD 214.118 million loan facility for purchase of eight aircrafts.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm Reliance Retail ties-up with UK toy retailer, Hamleys!Mukesh Ambani-run Reliance Retail, on Tuesday tied-up with UK-based toy retailer, Hamleys, and is likely to commence operations from April next year.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm Pass order on dual tech, extra spectrum: COAI urges Delhi HC !GSM operators lobby COAI on Tuesday approached the Delhi High Court, second time in last 12 days, requesting to pass its verdict over a petition filed by it challenging dual technology regime and allocation of additional spectrum.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm WTO talks: Lamy seeks India`s support!Within a fortnight of the collapse of trade talks in Geneva, a die-hard optimist WTO chief on Tuesday sought clear "political" signal from the Indian leadership whether New Delhi will support the renewed attempts to wrap up a Doha deal by year-end.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm Reliance in talks with HPCL, CPCL, KRL for D6 oil!Reliance Industries is in talks with state refiners for sale of crude oil it plans to start pumping from its eastern offshore KG-D6 block from next month.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm Singapore Airlines, the world`s best airline for third time in a decade!Singapore Airlines has been named the world`s best airline in the 2008 Airline of the Year awards. Cathay Pacific and Qantas came second and third respectively in the annual survey.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm Award damages if gas pact with RIL doesn`t work out: RNRL!Anil Ambani-led Reliance Natural Resources Ltd on Tuesday asked the Bombay High Court for damages from Mukesh Ambani-led RIL or alternatively appoint an expert to renegotiate the gas supply agreement.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm PM`s Council to release economic outlook tomorrow!The Prime Minister`s Economic Advisory Council (ECA) will release on Wednesday outlook for the Indian economy for the current fiscal and is likely to scale down growth projection from earlier 8.5 percent to 7.5-8 percent.Source: Zee News : Business | 12 Aug 2008 | 11:46 pm Software product cos draw venture capIt's certainly the most risky of spaces in terms of returns, yet venture capital seems to be flowing towards software-product makers.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 11:09 pm WTO chief sees Doha deal by 2008-endA new global trade deal is still possible by the end of this year despite last month's collapse of talks, the head of the World Trade Organisation said on Tuesday.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 11:07 pm Damodaran's policies have been kept in cold storageEven as the new leadership at the Sebi is driving forward its own reform agenda, a couple of important regulations proposed during the earlier regime are gathering dust.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 11:07 pm July saw 4.5 lakh fewer flyersThough the overall traffic numbers for the January-July period still show marginal growth, predictions by carriers of a "do or die" situation do not seem far-fetched.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 11:05 pm Tesco in C&C, Tata dealTesco, the largest retailer in the United Kingdom, followed global competitors Metro and Wal-Mart into the Indian retail industry with a cash-and-carry (C&C) format.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 11:03 pm TeamLease job hotline to impart skills trainingTeamLease, a staffing company, today announced the launch of a job hotline in 11 languages and plans to invest Rs 20 crore in the venture.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 11:00 pm Steel prices may rise 5%The extension of the moratorium on steel price hike beyond the first week of August seems to be testing the patience of steel majors.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 11:00 pm IIP grows faster in June, but worry shinesIndustrial production in India rose to 5.4% in June from 4.1% (revised from 3.8% announced earlier) in May, but decelerated in a year-on-year comparison -- from 8.9% in June 2007.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 10:58 pm Banks begin to admit rise in bad loansThe admissions have begun. After being in denial for the better part of the current financial year, bankers have started to acknowledge rising bad loans are set to pose a huge challenge.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 10:56 pm 'Consumers are now involved in creating brand awareness'Consumers globally have never had it so good with choices galore in both quantity and quality.Source: Daily News & Analysis: Money News | 12 Aug 2008 | 10:33 pm Apollo CEO arrested, released on bailApollo Health and Lifestyle Limited (AHLL) CEO Ratan Jalan was arrested by the Uttar Pradesh police in a cheating case here Tuesday but was released on bail by a city court.Source: IndiaeNews.com: Business News | 12 Aug 2008 | 8:00 pm Chennai airport upgrade may lag passenger traffic growthThe Rs 1,808-crore modernisation and expansion plan for Chennai airport, which was recently cleared by the Public Investment Board (PIB) and expected to begin this September, may not be sufficient toSource: Business Standard | Front Page Headlines | 12 Aug 2008 | 7:08 pm Growth crawls for core sector, industry outputSluggish manufacturing keeps IIP in single digits.??Signs of an economic slowdown strengthened today with industrial output and core sector data for June released by the government showing indifferentSource: Business Standard | Front Page Headlines | 12 Aug 2008 | 7:07 pm Tesco sets up shop in India, finallyTwo years after it ended joint venture talks with the Bharti group, the UKs largest retailer Tesco today announced it was going solo in the Rs 1,500-crore cash-and-carry sector in the country.Source: Business Standard | Front Page Headlines | 12 Aug 2008 | 7:05 pm Spicejet offers concessional air fare for armed forcesLow-cost carrier SpiceJet Tuesday announced 'freedom to fly' offer for armed forces, under which they can fly on SpiceJet aircraft anywhere in the country by paying only the surcharges and other taxes of the air ticket.Source: IndiaeNews.com: Business News | 12 Aug 2008 | 5:01 pm Madhya Pradesh approves action plans of power companiesThe Madhya Pradesh government Tuesday approved the action plans presented by various state-run electricity companies for 11th Plan period (2007-12).Source: IndiaeNews.com: Business News | 12 Aug 2008 | 5:00 pm RIL-RNRL case adjourned till Aug 21The Bombay High Court Tuesday once again postponed the hearing of a dispute between Reliance Industries (RIL) and Reliance Natural Resources Ltd (RNRL) till Aug 21.Source: IndiaeNews.com: Business News | 12 Aug 2008 | 5:00 pm India, Britain call for flexibility on trade issuesIndia and Britain Tuesday urged all countries to show greater flexibility while dealing with issues like multilateral trade that will benefit both the world's poor countries and global economy.Source: IndiaeNews.com: Business News | 12 Aug 2008 | 5:00 pm
|
