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K\'taka govt plays party poopers, pub\'s biz drops 80%Bangalore\'s nightclub owners are not a very happy lot. Despite several protests about the ban on dancing and the 11.30 pm Cinderalla curfew on pubs and bars, the state government refuses to budge.Source: Moneycontrol Top Headlines | 16 Aug 2008 | 2:15 pm Bschools give women entrepreneurs new lease of lifeWomen entrepreneurs are all set to get a boost. Entrepreneurship programmes tailormade for women are on the rise across Bschools. What\'s more, some of them are completely free of cost!Source: Moneycontrol Top Headlines | 16 Aug 2008 | 1:58 pm iGate CFO passes away - Hindu Business Line
Source: Google News India - Business | 16 Aug 2008 | 1:22 pm India not to bargain with WTO on livelihood security issuesMinister of Commerce and Industry, Kamal Nath said that where India\'s commercial interests are concerned, the country is willing to engage in them. But where if the WTO requires him to to bargain on livelihood security, he will not do so, Kamal Nath added.Source: Moneycontrol Top Headlines | 16 Aug 2008 | 1:14 pm Google India in legal tangles - domain-B
Source: Google News India - Business | 16 Aug 2008 | 12:59 pm Siemens PLM plans to ramp up businessSiemens PLM Software is planning to scale up its business in India by upgrading products and adding new customers, a top company official said here on Saturday.Source: Daily News & Analysis: Money News | 16 Aug 2008 | 12:40 pm OPEC trims 2008 oil demand growth, sees ample supply!OPEC on Friday cut its forecast for global oil demand growth in 2008 for a fifth month and said production is more than adequate, signalling a more comfortable supply and demand balance.Source: Zee News : Business | 16 Aug 2008 | 12:33 pm `BRIC nations viewed as opportunities`!Brazil, Russia, India and China (BRIC) are viewed as opportunities rather than threats by CEOs in a globalising world but the US is still cited as the most important region crucial to their businesses.Source: Zee News : Business | 16 Aug 2008 | 12:33 pm Breaking up big banks questioned as losses mount!America`s biggest banks have suffered unprecedented losses from the ongoing credit crisis, and that`s made some investors question whether the big financial conglomerates should be broken up in order to survive.Source: Zee News : Business | 16 Aug 2008 | 12:33 pm T-mobile to launch Google phone in October!T-Mobile is to launch the first phone based on Google`s Android design Sep 17, in hopes that the new device will compete with Apple`s iPhone, Wired magazine reported.Source: Zee News : Business | 16 Aug 2008 | 12:33 pm Oil falls under $112 on bearish global demand!Oil dropped below USD 112 a barrel on Friday, down more than USD 2.50, to its lowest level since early May, pressured by faltering global demand, rising supply and a stronger dollar.Source: Zee News : Business | 16 Aug 2008 | 12:33 pm UPA's 'neoliberal policies' led to inflation: CPI-MExpressing concern over the continuing increase in retail prices of essential commodities, the Communist Party of India-Marxist (CPI-M) Saturday said that the Manmohan Singh government's 'neoliberal policies' had led to the high inflation.Source: IndiaeNews.com: Business News | 16 Aug 2008 | 12:30 pm Siemens PLM plans to ramp up businessGlobal provider of product lifecycle management (PLM) software and services Siemens PLM Software is planning to scale up its business in India by upgrading products and adding new customers, a top company official said here Saturday.Source: IndiaeNews.com: Business News | 16 Aug 2008 | 12:02 pm Soon, TV channels on your mobileVery soon, you will be able to watch a slew of TV channels on your GPRS-enabled mobile phone.Source: IndiaeNews.com: Business News | 16 Aug 2008 | 12:00 pm IT Man to focus on asset sales nowIt\'s not just mergers acquisitions that have come under the tax scanner. All kinds of asset sales are now being looked at. Even if they take place offshore.Source: Moneycontrol Top Headlines | 16 Aug 2008 | 11:47 am Cabinet okays Rs 1,800 cr Chennai airport expansion planThe Rs 1,800 crore Chennai airport expansion plan has been given the final nod from the Cabinet. This approval is only for the first phase, which includes the construction of a parallel runway and a new domestic terminal.Source: Moneycontrol Top Headlines | 16 Aug 2008 | 11:32 am Doha Bank's brokerage firm to enter non-banking sectorDoha Brokerage and amp; Financial Services Limited (DBFS), an associate of Doha Bank headquartered in Qatar, is all set to enter the non-banking financial company (NBFC) operations in India soon.Source: IndiaeNews.com: Business News | 16 Aug 2008 | 10:02 am Indian firm plans free trade warehousing zone in OmanLeading Indian supply chain solutions provider Arshiya International is planning to set up a free trade warehousing zone (FTWZ) in the city of Sohar in Oman.Source: IndiaeNews.com: Business News | 16 Aug 2008 | 10:00 am Details about 6th Pay Commission - Khabrein.info
Source: Google News India - Business | 16 Aug 2008 | 9:59 am Sun Direct planning major expansion across countrySun Direct TV Pvt Ltd, a leading direct-to-home (DTH) service provider in south India, is set to replicate the success story in the other parts of the country.Source: IndiaeNews.com: Business News | 16 Aug 2008 | 9:31 am Din over monetary policy - Sify
Source: Google News India - Business | 16 Aug 2008 | 9:09 am Titan takes on cheap imports with Sonata SF watchesTo crack open the mass market and take on the threat of cheap Chinese watches and others of spurious quality, Titan Industries has launched nationally a new brand, Sonata Super Fibre. Sonata is Titans brand for the economy market and is the largest watch brand in India in terms of volume sales, with five million watches sold last year.Source: Moneycontrol Top Headlines | 16 Aug 2008 | 9:09 am Indian Oil plans CDM projects worth Rs 24 crIndianOil is planning a host of projects at Haldia refinery to reduce refinery flare, vent air emission and steam consumption as a measure to protect the environment, generate carbon credits and promote the captive use of waste energy.Source: Moneycontrol Top Headlines | 16 Aug 2008 | 9:04 am Protests, killings could prove to be Kashmir’s tipping pointNew Delhi: A land row in Kashmir may have achieved what years of militant violence largely failed to do—fuse Muslim separatist sentiment into mass protests that seriously challenge Indian rule and South Asia’s stability. The dispute over land for a Hindu shrine trust, Shri Amarnath Shrine Board, and the killing of 21 Muslim protesters by police has galvanized separatists after years of relative stability in Kashmir that saw some hope for India negotiating a political solution. “All this crisis in Kashmir has played into the hands of the separatists,” said Ashok Mehta, a retired army commander and security expert.  On guard: Protesters shout slogans atop the wreckage of a police vehicle they burnt in Srinagar on Thursday. A man was killed when police opened fire on a crowd that marched in defiance of a curfew in the city. Photograph: Dar Yasin / AP “It is all a huge setback for a political solution to Kashmir. We are back to where we were many years ago.” Unsteady progress between India and Pakistan over Kashmir also might have been dashed by the biggest demonstrations in Kashmir in two decades. Indeed, some fear Kashmir will become a diplomatic football once again between the two nuclear rivals, with New Delhi unsure of a new civilian government in Islamabad that it perceives is in a dangerous vacuum. Kashmir has been racked by militant violence since 1989, when an insurgency against Indian rule erupted. Around 43,000 people have died but the past few years had seen some progress. State elections in 2002 were regarded as largely fair despite a separatist boycott and violence. Insurgency attacks fell in the past few years. Pakistan’s President Pervez Musharraf made some peace proposals in 2006 that were seriously discussed in India. “Looking back, it seems like one missed opportunity,” said Siddharth Varadarajan, diplomatic editor of The Hindu newspaper. “One lesson is that the Indian government cannot just allow Kashmir to drift along. There has been a level of simmering resentment that the government has been unwilling to deal with.” A government with eyes on 2009 elections might do just that—drift along and hope protests fizzle. For the most part, Kashmir is not an issue for voters in the rest of India. Some analysts predict a doomsday scenario, with more protests leading to the break-up of the state, split between the Hindu-majority Jammu region and the mainly Muslim Kashmir valley. Others predict mass protests forcing the government to appease separatists with some negotiations, from issues such as tentative demilitarization to relaxation of border controls. Experts say perceived Indian oppression of protests could spark tension between Pakistan and India as well. “The most worrying issue is Kashmir seems to be returning to be a point of tension with Pakistan,” said Varadarajan. He pointed to a war of words this week between Pakistan and India, with New Delhi criticizing Islamabad for meddling in its internal affairs after a call for UN intervention. With Pakistan seen as in limbo, with Musharraf under pressure to resign or face impeachment by the new government, the focus for peace might now fall on Kashmir itself rather than the two uneasy South Asian neighbours. “Protests have changed the whole parameters of the conflict,” said Sajjad Lone, leader of the main separatist alliance All Parties Hurriyat Conference, which rejects militant violence. “The peace process was for years seen through the eyes of Pakistan and India. Kashmir was confined to being an ornament. There is increased relevance being given to Kashmiris.” That new focus could fall on state elections which are due later this year. The state government is leaderless and the first step to a peaceful solution might be free and fair elections. Separatists want elections boycotted. Mainstream parties that participate in elections are overshadowed by separatists. To make matters worse for New Delhi, once-split separatists have shown some unity. Indeed, one political winner seems to be hardliner Syed Ali Shah Geelani, for years seen as marginalized. “Kashmir’s tipping point could be the election,” said Mehta. “India’s claim to legitimacy in Kashmir rests on the holding of free and fair elections. The last election had more than 40% participation. What happens if a separatist boycott leads to 7-8% participation?” It would mean, some say, a new political scene in Kashmir. “What we have seen in Kashmir is the start of non-violent and mass protests. A new generation has taken over,” Lone said. Source: LatestNews-Home - Livemint.com | 16 Aug 2008 | 9:02 am Hunger for opportunity sees more online playersBangalore: Twenty-year-old Tushar Joshi is losing plenty of sleep. For the last 11 months, he has been prepping for the Common Admission Test (CAT), the first formal step in his strategy to get into a business school. He spends his  No boundaries: Gunja Bansal, a biology tutor with TutorVista, which offers a combination of offline classes with online tools. Photograph: Hemant Mishra / Mint It’s a free service, but Joshi finds the practice tests and ability to take them on the computer — this year’s CAT will be taken on computers for the first time in November — so helpful that he says he would be willing to pay for it. “It lets me revise the topics I’m taught in the classroom,” says Joshi. The fast growing education sector is banking on consumers such as Joshi as it moves from brick-and-mortar classrooms to the Internet space. The last year has seen a flurry of activity in this arena, from Web portals to coaching sites to customized testing. The website that has become part of Joshi’s nightly ritual, was launched by TCY Learning Solution (P) Ltd in September and provides free testing in 37 categories, from management and computer applications to law. It can afford to give tests for free since it has an offline model with some 40 physical coaching centres, which earned more than Rs5 crore in the year ended March — but even that model is about to change. “In a couple of months, we plan to deliver live lectures and customized testing online for a fee,” says Kamal Vadhera, promoter and chief executive of the Ludhiana-based firm. Even as a weakening pace of growth marks many sectors, education shows few signs of a let-up, with many observers saying that a slowdown might even force job seekers to get more training and education. High growth New portals launch every month and several more are expected, say market players, pointing to a seeming “recessionproof” nature of education. From a test preparation site for professional courses —www.100percentile.com — to a portal on studying in India and abroad, StudyPlaces.com, several sites have gone live in the last 6-12 months. There’s also some catering to the much younger set with www.extramarks.com, a tutoring site for classes VI-XII; www.24X7guru.com, an online assessment service for students from classes III-X; and a platform for virtual classrooms, www.wiziq.com. Extramarks.com, which started in October, claims to have as many as 4,500 student users, who pay Rs300-700 a month for tutoring on various subjects. “We are targeting revenues of Rs18 crore by March 2009,” says Rohit Jain, CEO of Noida-based Extramarks.com Education Pvt. Ltd, which runs the site. Most of the other players declined to disclose their revenue numbers, or even the number of paid users. Says K.S. Murlidhar, CEO of Learnsmart (India) Pvt. Ltd, which runs 24X7guru, “We aim to break even by March 2009. In June-July, we saw a spurt in subscriptions touching 900, with many schools signing up” to test their students. The average cost of a subscription is Rs1,200, but he declined to disclose the size of his current subscription base. 24X7guru.com, launched in August 2007, is the education content provider for the popular reality series on Star TV, Kya Aap Paanchvi Paas Se Tez Hain (Are You Smarter Than a 5th Grader?), hosted by Bollywood actor Shah Rukh Khan. Brokerage firms predict high growth for the online education space in the coming years with saturation quite distant. “Only about 2-3% of India’s student population is currently being serviced,” says Sulabh Agarwal, research analyst at Angel Broking. India is said to have the largest student population in the world numbering more than 120 million. The exact size of the online education market is difficult to estimate, says Agarwal, because of the nascency of the market. Moreover, each portal is eyeing a different segment of the $40 billion (Rs1.7 trillion) pie, the size of the Indian education market, according to CLSA, the Hong Kong-based brokerage firm. And test preparation draws the largest number of private players. Brokerage firm CLSA pegs the professional entrance test preparation market upwards of $1.7 billion. While test preparation remains largely offline, Sandeep Anand, president and CEO of 100Percentile Education Pvt. Ltd, which runs 100percentile.com, hopes to complement the offline classes. “In the near term, we are not competing with the regular coaching centres, we are complementing them,” he says. The website charges Rs2,200 for the joint entrance examination, the qualifying test for the elite Indian Institutes of Technology, of 2009, providing 36 preparatory tests, which can be taken on a monthly basis. Comparatively, offline coaching player Brilliant Tutorials Pvt. Ltd charges a fee of Rs61,100 for 480 hours of weekly classes, study and question material. But does Brilliant Tutorials consider the online players as competition? “No, not at all, considering the low computer and Internet penetration in the country,” says K. Ravi, general manager at Brilliant Tutorials. Notably, the education portal space has drawn varied talent. Amitabh Nagpal, a Stanford University graduate, set up Studyplaces. com. And a group of IITians, a Stanford graduate and an Indian Institutes of Management alumni started 100percentile.com. Atul Kulshrestha, a chartered accountant who started Cleave Global e-Services Ltd, a business process outsourcing firm in the telecom and financial sector, founded Extramarks.com. Constraints, alternatives A user must have a computer with a broadband connection for using most of these portals as they involve voice, a whiteboard, or a portion of the computer screen on which multiple users can write, or draw, and sometimes video. That limits the current reach of many of these sites. According to the telecom regulator Telecom Regulatory Authority of India’s (Trai) latest statistics, the broadband subscriber base was limited to a meagre 2.67 million at the end of September 2007, way behind Trai’s target of nine million subscribers by 2007. Abysmally low Internet penetration in India (at about 0.3% of the total population) dampens some characterization of the online contenders, who one day aim to replace the “talk and chalk” method, modelling themselves on for-profit private institutions as the US-based University of Phoenix, which awards online degrees after online classes. But Indian entrepreneurs hardly admit to any worries on the Internet penetration front. “Getting education itself could soon be the reason for gettting a broadband connection,” says the ever enthusiastic Harman Singh, who set up WiZiQ.com. There are naysayers though. TutorVista Global Pvt. Ltd has an online model for the US market with 800 teachers tutoring some 10,000 students. But “in India, given the low Internet penetration and affordability of personal computers, a 100% online model won’t work”, says K. Ganesh, founder and CEO of TutorVista, based in Bangalore. TutorVista operates a hybrid model in the Indian market through Edurite Technologies, which it took over in November 2007. Edurite offers a combination of offline classes with online tools such as Web-based content and e-learning products such as CDs and DVDs, which reach students through schools and its 50 tutorial centres spread across Kerala and Karnataka. The company is in the process of raising $15 million overseas to increase its tutorial centres from 50 to 300 to cover six Indian states. The marketplace The large education solution providers, Educomp Solutions Ltd and Everonn Systems India Ltd, also have significant presence in this space. Educomp Solutions has www.mathguru.com, a mathematics tutorial site started back in mid-2006, and majority stakes in www.learninghour.com, a tutoring site and WiZiQ.com. Meanwhile, Chennai-based, Everonn Systems acquired the long-time player, Classontheweb.com, an e-learning site for classes VI-XII, in January. Most of these players are in a hurry to tie up with schools to attract students. They have already made their presence felt even in semi-urban areas. For instance, Sishya School in Hosur, an industrial area in northern Tamil Nadu, has tied up with 24X7guru.com to test its 450 students from class III-X. This is in addition to the quarterly and final exams that the children are already subjected to, at a cost of Rs1,000 per child per year. Sixteen-year-old Pallavi Sareen, who lives in Nawashahr, some 85km from Chandigarh in Punjab, is an example of the reach of these platforms. She is currently using WiZiQ.com to prepare for engineering entrance exams, which she will take in the next academic year. “I like the interactive feature of the website. Hearing the teacher’s voice and the whiteboard helps me understand,” she says. But Sareen remains unsure if she will rely solely on the online model. Source: LatestNews-Home - Livemint.com | 16 Aug 2008 | 8:56 am BHEL holding its own against Chinese power equipment cosChallenged on its turf by the Chinese manufacturers of power equipment, Bharat Heavy Electricals Ltd appeared to be on the backfoot. In the last three years, orders for boilers and turbines have been placed for a capacity of 72,000 MW and over a fifth of them has gone to the Chinese.Source: Moneycontrol Top Headlines | 16 Aug 2008 | 8:49 am Market ends its five week gaining rallyIndian equity markets ended their five week gaining rally in a truncated trading session this week.Source: IndiaeNews.com: Business News | 16 Aug 2008 | 7:31 am Wall St Week Ahead: Oil's drop, dollar's rise key to more gainsNEW YORK (Reuters) - Bolstered by falling oil prices and a rising dollar, U.S. stocks could extend their modest gains next week, even in the face of still troubling consumer- and housing-related data.Source: Reuters: Money News | 16 Aug 2008 | 7:13 am Chrysler seeks new alliances in China, India, RussiaTraverse City, Michigan: A year after divorcing from Daimler AG, Chrysler Llc. is actively seeking new—but more limited—alliances with a number of other auto makers, a senior executive said on Wednesday. The US auto maker has entered partnership talks with auto makers in Russia, China and India and has also been approached by Italy’s Fiat SpA, Chrysler vice-chairman and president Tom LaSorda said. These partnerships will help it expand globally and also survive an expected consolidation of the automotive industry. “In the next five to 10 years I see more consolidation in every region of the world,” LaSorda told a conference sponsored by the Center for Automotive Research in Traverse City, Michigan. “We should expect to see Chinese auto makers exporting to North America soon, as well as European manufacturers bringing their small cars here to manufacture and sell here as well as export back home to take advantage of the weak dollar.” LaSorda does not expect Chinese manufacturers to set up plants in the US any time soon, but said they may do so in markets such as India and Russia where tariffs and duties make imports uncompetitive. While Chrysler is a small auto maker, its wealth of intellectual property in areas such as advanced manufacturing, safety and emissions controls makes it an attractive partner for auto makers in emerging markets, LaSorda said. Chrysler has “had discussions with multiple companies in Russia” and hopes to seal a deal “by the end of the year”, LaSorda added. The firm has also had discussions with “many companies” in India and held talks with Great Wall Motor Co. Ltd in China. LaSorda did not discuss whether any of the alliances could lead to a full merger, but Chrysler insiders said this would be unlikely, as the auto maker needs more time to recover from the failed marriage to Daimler. A deeper alliance with Nissan Motor Co. Ltd is possible but unlikely, he said. Chrysler is not holding “formal discussions” with Fiat, but the Italian auto maker did inquire about the possibility of using some of Chrysler’s excess capacity to re-enter the US market, LaSorda said. Meanwhile, Chrysler still expects to introduce a vehicle built by China’s Chery Automobile Co. Ltd in Mexico and South America in 2009. “We’re not going to be putting any nameplate on it until we can be rest assured it meets all of our standards,” he said. Chrysler has also started producing a minivan for Volkswagen AG that will be sold in North America next year. And its partners should not be concerned that these deals will be negated because Chrysler will founder or be sold by its new owner, Cerberus Capital Management Lp., LaSorda said. “No one is going to buy a car company like this in the market that it’s in and expect ‘Okay, why don’t we see if we can go sell it now after one year,’” he said. Chrysler recently announced plans to lay off more white-collar workers and slash its production as it struggles against a sharp drop in sales amid high petrol prices, a weakening US economy and stiff competition from Asian competitors. Source: Home - Livemint.com | 16 Aug 2008 | 6:18 am A bid to save Naga handicrafts from silent deathYanger Ao, a tribal craftsman from Nagaland, had never thought his wooden furniture would sell like hot cakes as far off as Bangalore.Source: IndiaeNews.com: Business News | 16 Aug 2008 | 4:31 am Indian power majors eye 57% stake in - SteelGuru
Source: Google News India - Business | 16 Aug 2008 | 3:27 am Gold glitters again for buyers - Times of India
Source: Google News India - Business | 16 Aug 2008 | 2:27 am Dempo group to sell 40% stake in iron ore firmSale to fund expansion plans after restructuring.??Goa-based Dempo Group is planning to divest 40 per cent in a company that will house its 100-million-tonne iron ore reserve. The groups ironSource: Business Standard | Front Page Headlines | 16 Aug 2008 | 12:29 am Govt extends pension entitlement to 20 yrsPensioners to get 40% raise, more gains for octogenarians.??In a development that could well encourage more civil servants and armed forces personnel to opt for careers in the private sector, theSource: Business Standard | Front Page Headlines | 16 Aug 2008 | 12:28 am Rising oil and food prices limit Indian growth to 7.7% - Financial Times
Source: Google News India - Business | 16 Aug 2008 | 12:27 am Singh will be at Red Fort next year too, says SoniaCongress President Sonia Gandhi today virtually declared Prime Minister Manmohan Singh the Congresss candidate for next Prime Minister.??This was evident at the Congress headquarters whenSource: Business Standard | Front Page Headlines | 16 Aug 2008 | 12:26 am Japan bank insists on electric traction for rail corridorNew Delhi, Aug 15 The Indian Railways seems to have agreed to Japanese condition of building the Western freight corridor with electric traction. Earlier, it had decided to build the corridor on diesel traction and the Eastern corridor on ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am Cement prices likely to go up on high input costsCos incur 40% increase in wage, salary costs. Hyderabad, Aug. 15 Cement prices are likely to go up in the next one or two months due to increasing input costs, especially in wages, salaries and coal ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am Reliance Infratel IPO deadline lapsesMumbai, Aug. 15 Reliance Infratel, the telecom infrastructure unit of Reliance Communications, is learnt to have deferred its plans for an initial public offering (IPO) because of the current volatility in the stock markets. ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am More investments will create more jobs: PM‘Economy should grow at least 10% every year’. The Prime Minister, Dr Manmohan Singh, has called for a new wave of industrialisation to generate more employment, even as he stressed the need for the economy to grow at the rate of ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am Markets this weekThe Sensex which gained 340 points on Monday to end at 15,500, swung between 15,360 and 15,520 during the session. Dealers attributed the rise to US markets' strong close on Friday and softening of crude prices. Reliance, ONGC, ICICI Bank, SBI, ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am Excise waived for goods used in ultra mega power projectsNo countervailing duty on equipment supplies from abroad. New Delhi, Aug. 15 Fiscal sops have been given for equipment supplies to ultra mega power projects (UMPPs). The Finance Ministry has granted excise duty exemption to goods procured for ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am DoT rejects Amar Singh’s spectrum pricing formulaProposes lower one-time charge. New Delhi, Aug. 15 The Department of Telecom (DoT) has rejected the Samajwadi Party leader Mr Amar Singh’s formula for levying a charge on GSM-based mobile operators with excess spectrum over 6.2 Mhz. ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am RCom links: TRAI, GSM players stand-off continuesRegulator sets new deadline for compliance. New Delhi, Aug 15 The Telecom Regulatory Authority of India (TRAI) has once again rejected GSM operators’ stand on offering links to Reliance Communication and has issued a fresh deadline of ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am Pusa-1121 prices crash as export orders dry upPremium paddy rates slip to Rs 26-27 a kg from Rs 40. New Delhi, Aug. 15 Prices of Pusa-1121 — till recently the most sought after variety of aromatic rice — have crashed following a drying up of export orders. ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am MCX awaits clearances to launch currency derivativesSet to launch arecanut futures, Singapore bourse. Chennai, Aug 15 MCX will be able to launch currency futures in two weeks time from the date it receives the final clearance, even as it plans to launch futures in arecanut. Besides, it has got ...Source: Business Line - Home Page | 16 Aug 2008 | 12:00 am 'Indian firms are valued at a discount'Varun Gupta calls American Appraisal as the world's only glocal valuation firm. American Appraisal touts itself as a firm owned by 900 employees with operations across the globe.Source: Daily News & Analysis: Money News | 15 Aug 2008 | 11:05 pm Ethanol producers seek double pricesThe fight between oil companies and ethanol manufacturers over the price of ethanol is set to intensify in the coming days as producers are demanding double the current prices.Source: Daily News & Analysis: Money News | 15 Aug 2008 | 11:03 pm Accenture is building up local talentIf you thought that IT skills from low cost centres like China and Philippines were posing serious threat to Indian IT talent, you can rest easy.Source: Daily News & Analysis: Money News | 15 Aug 2008 | 11:01 pm Luxe realty bucks the southward trendThe rich and well-heeled are immune to inflation. Or, so real estate developers in the country would have us believe.Source: Daily News & Analysis: Money News | 15 Aug 2008 | 10:59 pm Joint deals help Tata Hsg buck slowdownUnlike many of its peers in the industry the Tata Housing Development Company (THDC), the fully owned arm of Tata Sons, has a land bank of just 150 acres.Source: Daily News & Analysis: Money News | 15 Aug 2008 | 10:58 pm Electrotherm plans to sell electric bikes worth Rs 75 crHaving overcome product misuse issues by customers, Ahmedabad-based Electrotherm is aiming to sell Rs 75 crore worth of electric bikes.Source: Daily News & Analysis: Money News | 15 Aug 2008 | 10:57 pm Senior techies seeking greener pasturesWhen Prakash Gurbaxani co-founded the BPO 24/7 Customer eight years ago, it was not with an idea to hang up the headphones in some years. But that's just what he ended up doing.Source: Daily News & Analysis: Money News | 15 Aug 2008 | 10:55 pm Pvt equity turns pricey for realtorsBangalore-based Puravankara Developers is looking for private equity investors for its affordable-housing subsidiary, Provident Housing andSource: Daily News & Analysis: Money News | 15 Aug 2008 | 10:54 pm As firms cut cost, recruiters get the short shriftWhen the going gets tough, the human resource (HR) manager in a company is the first to be summoned by the CEO.Source: Daily News & Analysis: Money News | 15 Aug 2008 | 10:51 pm Clean ‘burbs not far off - Daily News & Analysis
Source: Google News India - Business | 15 Aug 2008 | 10:43 pm Andhra puts curbs on inter-state rice movement - Economic Times
Source: Google News India - Business | 15 Aug 2008 | 9:57 pm Hershey raises candy prices, blames higher costsLOS ANGELES (Reuters) - Candy maker Hershey Co said on Friday it was raising U.S. prices by roughly 10 percent and warned that the higher cost of ingredients such as cocoa, corn sweetener, sugar and peanuts would weigh on profits.Source: Reuters: Money News | 15 Aug 2008 | 9:54 pm Idea ready to ring in Mumbai - Economic Times
Source: Google News India - Business | 15 Aug 2008 | 9:18 pm Oil falls below $114 on global demand worriesNEW YORK (Reuters) - Oil prices fell below $114 a barrel on Friday on growing concerns about demand in industrial nations and the stronger dollar.Source: Reuters: Money News | 15 Aug 2008 | 7:51 pm Slower economy saps climate action; oil a propOSLO (Reuters) - An economic slowdown is sapping enthusiasm for a costly drive to fight climate change but persistently high oil prices are a lifeline for a "green revolution" of renewable energy technology, experts say.Source: Reuters: Money News | 15 Aug 2008 | 7:16 pm Mumbai malls, offices buy captive power conceptMalls, commercial spaces and residential buildings coming up in Mumbai have found a novel way to save themselves from the power cuts under which the city is reeling.??Property developers are settingSource: Business Standard | Front Page Headlines | 15 Aug 2008 | 6:30 pm I-Day gift to Chhattisgarh farmers: loans at three percent interestIn a gift to tens of thousands of farmers on the occasion of the country's 62nd Independence Day, Chhattisgarh government Friday declared that it would provide agriculture loans at three percent interest rate.Source: IndiaeNews.com: Business News | 15 Aug 2008 | 5:32 pm Pune jeweller setting up shop in Silicon ValleyJewellery major PN Gadgil and Company is all set to launch two show rooms in the Silicon Valley, California, a top company official said here Friday.Source: IndiaeNews.com: Business News | 15 Aug 2008 | 2:30 pm OPEC trims 2008 oil demand growth, sees ample supplyLONDON (Reuters) - OPEC on Friday cut its forecast for global oil demand growth in 2008 for a fifth month and said production is more than adequate, signalling a more comfortable supply and demand balance.Source: Reuters: Money News | 15 Aug 2008 | 1:09 pm
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