3G winners may have to pay bid amount upfront

Mobile operators winning the auction for third generation mobile spectrum may be asked to pay the entire bid amount upfront within 20 days after the bidding process is completed.
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

BL Kashyap and Sons (Rs 447.9): Buy

We recommend a buy in the stock of BL Kashyap and Sons from a short-term horizon. It is evident from the charts of the stock that on December 24 it made an upward break through of a narrow sideways consolidation band between Rs 375 and Rs 420
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

Nabard employees decry move to transfer RBI stake

The All-India Nabard Employees Association (AINEA) has strongly expressed its dissent against the Centre's proposed move to transfer Reserve Bank of India's stake in Nabard (National Bank for Agriculture and Rural Development) on to
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

PowerGrid plans 7 transmission corridors

Power Grid Corporation of India Ltd (PGCIL) has identified seven high-capacity transmission corridors, for wheeling power from a number of private generation projects coming up in the eastern and southern
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

Japanese PM wants bilateral trade to grow with investments

The visiting Japanese Prime Minister, Mr Yukio Hatoyama, on Monday called for measures to step up bilateral trade between India and Japan, even as Japanese direct investment in India has gone up substantially.
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

Markets ignore Govt farm support prices time and again

In January, the Union Government raised the minimum support price (MSP) for wheat to Rs 1,080 a
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

Bengal, Gujarat, Rajasthan to play major role in solar power

West Bengal, Gujarat and Rajasthan will be the major participants in the National Solar Mission (NSM) as these three States together will produce nearly 30 per cent of the targeted 20,000 MW solar power in the country by 2022, according to Mr SP
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

Metals, IT stocks turn outperformers in 2009

In a role reversal, the sector underdogs of 2008 emerged as the biggest outperformers in
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

Lower realisations may hit steel cos' profits in Q3

Third quarter profits for steel companies may come in lower compared with the same period last
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

Hardware: Riding out of downturn

The global downturn and weak buying sentiments dented sales of computers and IT products in the country during the first half of 2009, although renewed consumer confidence backed by domestic growth lifted flagging demand ahead of the festive
Source: Business Line - Home Page | 29 Dec 2009 | 12:00 am

Indian cos using health cover for hiring, retaining!

Despite hike in the health premium costs, over 40 per cent of Indian companies consider health care cover as a value differentiator for employees and use it in the hiring and retention strategy, a survey said.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

Bharti Airtel starts Middle East data services!

Bharti Airtel, India`s leading mobile operator, on Monday said it had launched wholesale data services for the Middle East.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

IBM wins 10-year deal with Gujarat bank !

IBM India has signed a 10-year IT services agreement with Sardar Bhiladwala Pardi People`s Cooperative Bank in Gujarat.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

US companies plan pay hike next year as economy recovers!

American companies are planning to hike employees` salaries next year to retain talent as the economy is showing signs of recovery, says a report by consulting firm Mercer.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

Steel PSUs budgetary estimates may be inflated: Par panel!

A parliamentary panel has rapped the Steel Ministry for under utilisation of funds by PSUs like SAIL and RINL and even said the budgetary estimates may be "inflated".
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

CDMA players urge no intervention on tariffs!

AUSPI, the body representing CDMA players, today urged telecom regulator TRAI to continue with its policy of `no intervention` in tariffs amid reports that the regulator could end its tariff forbearance policy.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

Govt nod for new ground handing policy likely soon!

The Cabinet is likely to consider a new ground handling policy shortly, which would allow airport operators, Air India or other service providers to carry out these activities at the six major airports from next year.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

Japan inks pact for Delhi-Mumbai Industrial Corridor project!

Giving a push to the ambitious Rs 3.6-lakh crore Delhi-Mumbai Industrial Corridor (DMIC) project, New Delhi and Tokyo today signed two pacts, including collaboration in developing eco-cities around the project.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

RIL successfully tests its peak output capacity of K-G fields!

Mukesh Ambani-run Reliance Industries today said it has successfully tested the design capacity of its massive eastern offshore Krishna-Godavari basin D6 field production facilities.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

14 sick PSUs return back to health!

Of the 36 sick PSUs which received approval for fund injection by the government, 14 have been nursed back to health in the last two years.
Source: Zee News : Business | 28 Dec 2009 | 4:54 pm

New aviation ground handling policy likely in March 2010

CNBCTV18 learns that the new aviation ground handling policy that was to come into effect from January 1, 2010, is likely to be postponed to March 2010. The meeting of the Cabinet Committee on Security may discuss postponing execution of the policy, sources inform CNBCTV18.
Source: Moneycontrol Top Headlines | 28 Dec 2009 | 2:54 pm

Will FII inflows top all-time high?

Calendar year 2009 has been more about ups than downs for equities. There is a chance it might close out with a bang.
Source: Daily News & Analysis: Money News | 28 Dec 2009 | 1:12 pm

Fares high but flights full this New Year

This year-end, even sky-high airfares have failed to dampen the enthusiasm of Indian fliers.


Source: HindustanTimes.com - Top business News Headlines | 28 Dec 2009 | 1:05 pm

ADAG switches on its Rosa Power plant in UP - Times of India


SamayLive

ADAG switches on its Rosa Power plant in UP
Times of India
ROSA (SHAHJAHANPUR): It was a perfect gift from a son to his father on his birth anniversary on Monday. The 77th birth anniversary of late Dhirubhai Ambani was chosen by Anil Dhirubhai Ambani group (ADAG) to switch on its Rosa Power plant in Uttar ...
1200-Mw Rosa project starts in UPBusiness Standard
Reliance Power to generate over 3300 mw by '12Financial Express
Reliance Power starts operations at Rosa plantLivemint
Economic Times -Bloomberg -SamayLive
all 19 news articles »

Source: Business - Google News | 28 Dec 2009 | 1:04 pm

Satyam effect? 16 PwC EDs quit to join KPMG - Times of India


Rediff

Satyam effect? 16 PwC EDs quit to join KPMG
Times of India
MUMBAI: In a development, which leading professional services firm PricewaterhouseCooper (PwC) said would have little impact on the organisation, sixteen of its executive directors (ED) from the tax practice division, including top ED Dinesh Kanabar, ...
PwC tax head, others quit to join KPMGBusiness Standard
Corporate | Kanabar resigns from PwC; may join KPMGLivemint
Over 15 PwC tax professionals quit; to join rival KPMGEconomic Times

all 6 news articles »

Source: Business - Google News | 28 Dec 2009 | 12:59 pm

'Toll tax goes against idea of an NCR' - Times of India


Thaindian.com

'Toll tax goes against idea of an NCR'
Times of India
NEW DELHI: The CM said that all Gurgaon vehicles have to pay toll tax for using the Delhi-Gurgaon expressway since it's a build, operate and transfer toll road developed and maintained by a private developer. Those using the Mehrauli-Gurgaon Road don't ...
Defence Minister Antony turns 70Sify
Slip of tongue by Dikshit has Sonia Gandhi in splitsPress Trust of India
DTH comes under entertainment tax net in DelhiIndiantelevision.com
Press Trust of India
all 23 news articles »

Source: Business - Google News | 28 Dec 2009 | 12:53 pm

Funds bounce back with better show

Many funds that were battered in last year's market downturn have bounced back even more sharply, generating over 100% return.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:53 pm

NTPC inks deal with Bhutan

NTPC has entered into a preliminary agreement with Bhutan government to construct a 600 mw reservoir-based hydel project on the Amo Chhu river in the neighbouring country as part of its plans to expand into hydel sector.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:52 pm

Investors a happier lot in 2009

Most equity investors have had happy returns this year. However, some investors, who chose to bet big on certain sectors such as auto, metal and IT, are happier because they are harvesting bumper profits.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:51 pm

NTPC FPO set to be 1st auction issue

The follow-on public offering (FPO) of state-run power giant NTPC Ltd is likely to be the first public issue that would use the auction route through capital markets.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:49 pm

Satyam effect? 16 PwC EDs quit to join KPMG

Sixteen of PwC executive directors (ED) from the tax practice division, including top ED Dinesh Kanabar, resigned to join rival firm KPMG.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:49 pm

Deregulate oil pricing, says IIM-A

An IIM-A study on the oil sector has suggested radical reforms, including complete deregulation, where private and public sector firms are free to price fuel as they deem fit.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:48 pm

Workers of Colgate strike at Aurangabad

Workmen at Colgate-Palmolive (India)'s Aurangabad toothpowder factory have gone on strike effective December 26.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:46 pm

ADAG switches on its Rosa Power plant in UP

The 77th birth anniversary of late Dhirubhai Ambani was chosen by Anil Dhirubhai Ambani group (ADAG) to switch on its Rosa Power plant in Uttar Pradesh.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:45 pm

A “value” fund invests in fundamentally sound stocks that are ignored by the ... - Livemint


A “value” fund invests in fundamentally sound stocks that are ignored by the ...
Livemint
Simply put, it means a rise, expansion, escalation or development. But in mutual fund (MF) parlance, it could mean several things. It could either mean a scheme, a plan or even a philosophy. When you wish to invest in MFs, make sure you know which ...
Small, mid caps & tech MFs lead pecking orderFinancial Express

all 3 news articles »

Source: Business - Google News | 28 Dec 2009 | 12:45 pm

RIL tests KG capacity - Times of India


RIL tests KG capacity
Times of India
NEW DELHI: Mukesh Ambani's Reliance Industries Ltd on Monday said it has successfully tested the design capacity of its Andhra offshore field's production facilities. "A flow rate of 80 mcmd (million cubic metres per day), which is the peak production ...
RIL ramps up KG basin gas capacity to 80 mmscmdFinancial Express
RIL says has completed assessment of design capacity of KG D6 facilitiesNetIndian
Reliance Industries completes KG-D6 block's design capacity assessmentIndia Business Blog (blog)
OilVoice (press release)
all 12 news articles »

Source: Business - Google News | 28 Dec 2009 | 12:44 pm

Maruti to show its green cars in Auto Expo

Maruti Suzuki will display concepts for a hybrid on its SX4 sedan and an electric multi-purpose van at the upcoming auto expo.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:44 pm

Yes Bank staff accused of Rs 66L fraud

A Gandhinagar court recently passed an order in a case of alleged forgery against an employee of Yes Bank who worked as a relationship manager in the bank's wealth management division.
Source: India Business News | Business News - Times of India | 28 Dec 2009 | 12:42 pm

LG rejigs top deck, Verma is new COO - Economic Times


Rediff

LG rejigs top deck, Verma is new COO
Economic Times
NEW DELHI: Consumer durable maker LG Electronics India on Monday announced top-level management changes with the elevation of YV Verma to the position of chief operating officer (COO), besides the appointment of a new head for the mobile handset unit ...
LG Electronics reshuffles top brass in IndiaFinancial Express
LG Focuses on SMB Sector as Growth DriverNetwork Computing
LG announces major changes in top managementPress Trust of India
TechWhack (press release) -PRLog.Org (press release)
all 11 news articles »