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Commodity prices likely to climb this year: IMF!The prices of many commodities are expected to rise this year primarily fuelled by increased demand worldwide, the International Monetary Fund has said.Source: Zee News : Business | 3 Jan 2010 | 5:19 am Experts bullish on 2010 stock market; see Sensex at 21k!A significant pick up expected in the corporate earnings and the strong fundamentals of economy undeterred by financial meltdown, is likely to bring cheers to share markets in 2010, experts said.Source: Zee News : Business | 3 Jan 2010 | 5:19 am FTA with ASEAN may hit FDI inflows: Assocham!Foreign direct investment may be hit, with India giving more market access to the south east Asian nations than it got in return from its free trade pact with the ASEAN bloc, a study has said.Source: Zee News : Business | 3 Jan 2010 | 5:19 am Fix reasonable targets: Planning Commission tells Road Ministry!Not impressed by the ambitious plans announced by Road Transport and Highways Minister Kamal Nath, the Planning Commission has advised the Ministry to fix a "reasonable target" for construction of roads this year.Source: Zee News : Business | 3 Jan 2010 | 5:19 am China-Asean treaty threatens Indian exportersIndian exporters are faced with a new challenge as the free trade agreement between China and members of the Association of Southeast Asian Nations became operational on Friday.Source: India Business News | Business News - Times of India | 3 Jan 2010 | 3:15 am Home Min starts consultation for NATGRID with stakeholdersNew Delhi: The home ministry has started formal consultations with all stakeholders for setting up the National Intelligence Grid which will help law enforcement and spy agencies to get quick access to desired information, including about terror suspects like David Headley. The home ministry has sent the NATGRID proposal to the ministries of external affairs, defence, finance, telecom besides others for their suggestions and necessary approval to the planned structure which is expected to be fully operational by May 2011. Once cleared by the concerned ministries or stakeholders, the proposal will be placed before the Cabinet Committee on Security (CCS) for approval, a senior official said. The move is being seen as a crucial step towards setting up the NATGRID that will facilitate robust information sharing by security agencies and law enforcement agencies to combat terror threat at home and abroad. This is the second major step by the home ministry after the appointment of former head of Mahindra Special Services Group Raghu Raman as chief executive officer of the NATGRID project. Lack of real-time information was considered to be the major hurdle in the detection of US terror suspect David Headley’s past as well as his movement across the country during his multiple visits to India between 2006 and 2009. The NATGRID will give access to 21 categories of database like railway and air travel, Income Tax, phone calls, bank account details, credit card transactions, visa and immigration records, property records, driving licence of all citizens in the country. The NATGRID will mainly be accessed by a total of 11 agencies including the newly created National Investigation Agency (NIA), the official said. The NATGRID will link all data currently gathered separately by different ministries to provide a seamless flow of information to intelligence and law enforcement agencies for counter-terrorism as well as law enforcement efforts. The other agencies which will have access to the database include Intelligence Bureau, Research and Analysis Wing, Defence Intelligence Agency, Directorate of Air Intelligence, Directorate of Naval Intelligence and Directorate of Revenue Intelligence to name a few. The user agencies and the databases have been identified. The complete NATGRID programme is likely to be delivered in three phases within two years, the official said. Source: LatestNews-Home - Livemint.com | 3 Jan 2010 | 2:54 am JAL against bankruptcy, favours Delta offerTokyo: The president of Japan Airlines Corp said he is against a bankruptcy proceeding under a state restructuring plan and has no plans to completely withdraw the carrier from overseas flights, the Asahi Shimbun daily reported. In an interview conducted on Friday and published on Sunday, the Asahi also said JAL president Haruka Nishimatsu preferred Delta Air Lines as the carrier’s overseas partner to American Airlines. A government-backed turnaround fund has told JAL’s main creditors it favours a bankruptcy proceeding as part of a rescue package for Asia’s largest carrier by revenue, sources with knowledge of the matter have told Reuters. But Nishimatsu is against the plan, suggesting tough negotiations ahead between the airline and the Enterprise Turnaround Initiative Corp of Japan (ETIC), the Asahi said. “The image (of bankruptcy) would affect us and we would lose customers,” Nishimatsu was quoted as saying. “If we lose recognition from customers, restructuring would be difficult and this will trouble the ETIC too.” JAL’s shares hit a record low last week on expectations that it was headed for bankruptcy. The Asahi also said Nishimatsu was eyeing an alliance with Delta and the SkyTeam airline group, ending its current ties with American Airlines and the oneworld alliance. The two US carriers have made rival offers of financial aid, keen to gain a greater foothold in Japan and access to JAL’s network to the rest of Asia. “(Switching to SkyTeam) would involve a big process of changing systems, but (we need to consider) whether or not to value Asia,” Nishimatsu told the Asahi. “In that sense, SkyTeam has many Asian carriers.” JAL has said it will make a decision on which overseas partner it will choose by early January. Despite being burdened by unprofitable international routes, Nishimatsu ruled out a complete withdrawal from overseas flights, saying Asian routes offered business opportunities. Several Japanese cabinet ministers have asked JAL to hand its international business over to rival carrier All Nippon Airways, but the transport minister is opposed to the idea, the Mainichi Shimbun reported last week. Source: World Business - Livemint.com | 3 Jan 2010 | 2:42 am Bank of Maharashtra, State Bank of India to distribute Mutual fundsThrough this venture, 'Magnum Equity Fund', an open-ended equity diversified scheme, will offer investors growth-potential and capital appreciation to help plan for future needs in the medium to long term.Source: Daily News & Analysis: Money News | 3 Jan 2010 | 2:40 am Japan airlines against bankruptcy, favours Delta offer: ReportJAL, hit by a global downturn in travel and a bloated cost base, has been seeking a bailout from the state-backed Enterprise Turnaround Initiative Corp of Japan (ETIC).Source: Daily News & Analysis: Money News | 3 Jan 2010 | 2:31 am Maruti passes one lakh retail sales in Dec 2009 - Indian Express
Source: Business - Google News | 3 Jan 2010 | 2:13 am JAL against bankruptcy, favours Delta offer - reportTOKYO (Reuters) - The president of Japan Airlines Corp said he is against a bankruptcy proceeding under a state restructuring plan and has no plans to completely withdraw the carrier from overseas flights, the Asahi Shimbun reported.Source: Reuters: Money News | 3 Jan 2010 | 2:11 am Yemen welcomes UK-US aid to combat Al-QaedaSanaa: Yemen on Sunday welcomed a British and US decision to fund its counter-extremism police as the two powers step up the fight against Al-Qaeda in the impoverished country. “Any assistance provided to Yemen’s counter-terrorism force will be most welcome,” a government official who requested anonymity said. “We have said in the past that the counter-terrorism force is still limited in numbers and equipment, while it is based only in the capital’s region, and conducts only few rapid operations in the provinces,” he said. “We need to increase the capabilities of this force and widen its deployment, in addition to providing it with modern arms and air transport,” he added. The office of British Prime Minister Gordon Brown revealed early on Sunday that the British leader and US president Barack Obama had agreed to fund special counter-extremism police in Yemen. The two leaders also believed more peacekeepers were needed to curtail militancy in Somalia, across the Gulf of Aden from Yemen, it said. The Yemeni official said that Sanaa would also need help to modernise its coastguard “in light of the danger coming from Somalia.” Obama on Saturday accused a Yemen-based affiliate of Osama bin Laden’s group of being behind the thwarted attack on a US airliner on Christmas day. US General David Petraeus meanwhile held talks in Sanaa with Yemen’s President. Obama promised to hold the affiliate, Al-Qaeda in the Arabian Peninsula (AQAP), to account, and said new evidence was being uncovered about the suspected airline bomber, Umar Farouk Abdulmutallab. Adulmutallab is accused of trying to destroy a Northwest jet carrying 290 people as it approached Detroit by setting off explosives stitched into his underwear. The bid failed when he was stopped by passengers Source: LatestNews-Home - Livemint.com | 3 Jan 2010 | 1:53 am Sensex opening bell at 9am from tomorrowThe Dalal Street will start the first day of the new year an hour early at 9am from tomorrow, as the exchanges have decided go ahead with the new timing.Source: Daily News & Analysis: Money News | 3 Jan 2010 | 1:47 am Maruti passes one lakh retail sales milestone in Dec 2009The country's largest carmaker, Maruti Suzuki, has become the first auto company in India to cross the one lakh retail sales in a month milestone, clocking 1,00,874 units sales in December 2009. Source: HindustanTimes.com - Top Business News Headlines | 3 Jan 2010 | 1:42 am PMO calls meeting on BSNL on Jan 6The Prime Ministers' Office has convened a meeting with the Telecom Ministry on January 6 to discuss the issues plaguing the state-run telco BSNL, including its declining revenues and market share. Source: HindustanTimes.com - Top Business News Headlines | 3 Jan 2010 | 1:34 am Samsung aims to quadruple LED-backlit TV salesSeoul: South Korea’s Samsung Electronics on Sunday said it aimed to quadruple its sales of LED-backlit flat panel televisions to 10 million units this year. The world’s top LCD (liquid crystal display) television maker said that in 2009 it sold 2.6 million of the LED-backlit televisions, which use light emitting diodes, up from its initial target of two million. “Samsung plans to make an aggressive move to help its LED (backlit LCD) TV lineups make up more than half of its total TV models this year,” the company said in a statement, carried by Dow Jones Newswires. It said it expected sales of the LED units to grow fourfold to around 10 million units this year, suggesting they are rapidly superseding traditional LCD televisions in the fast growing global market. It added Samsung plans to expand its LED range from three models currently to eight this year. LED-backlit televisions have thinner screens and consume less electricity than other existing flat panel televisions, according to Samsung. Source: World Business - Livemint.com | 3 Jan 2010 | 1:26 am Experts bullish on 2010 stock market see Sensex at 21kA significant pick up expected in the corporate earnings and the strong fundamentals of economy undeterred by financial meltdown, is likely to bring cheers to share markets in 2010, experts said. Source: HindustanTimes.com - Top Business News Headlines | 3 Jan 2010 | 1:21 am Experts bullish on 2010 stock market; see Sensex at 21KA significant pick up expected in the corporate earnings and the strong fundamentals of economy undeterred by financial meltdown are likely to bring cheers to stock markets in 2010, experts have said.Source: India Business News | Business News - Times of India | 3 Jan 2010 | 12:42 am Monetary steps also needed to tame inflation PMEACThe Prime Minister's economic adviser, C Rangarajan, wants the Reserve Bank to remove excess money from the system to check rising prices as food inflation neared the decade's high of 20 per cent. Source: HindustanTimes.com - Top Business News Headlines | 3 Jan 2010 | 12:17 am Experts bullish on 2010 stock market; see Sensex at 21kBanking sector, on the back of an expected 8% GDP growth is likely to be amongst the top performing sectors in the new year.Source: Daily News & Analysis: Money News | 3 Jan 2010 | 12:13 am Jumbo King to increase 'vada-pav' prices by 10-15%The increasing prices of food items has forced Mumbai-based 'vada paav' kiosk chain Jumbo King to increase its menu prices.Source: Daily News & Analysis: Money News | 3 Jan 2010 | 12:05 am Weekly News Round upIn a significant development last Thursday, shareholders of Taro voted against the election of Taro's external director nominees, sending a strong message of disapproval to the company Chairman, Mr Barrie Levitt. Sun Pharmaceutical in itsSource: Business Line - Home Page | 3 Jan 2010 | 12:00 am Auto, bank stocks top 2010 buy listFor 2010, best bets are sectors that rely on the consumer or on theSource: Business Line - Home Page | 3 Jan 2010 | 12:00 am Commercial vehicles power Tata Motors sales in DecTata Motors' vehicle sales for December, at 51,627 units, doubled from a yearSource: Business Line - Home Page | 3 Jan 2010 | 12:00 am IT honchos meet AP political leadersRattled by frequent bandhs and violent incidents in Andhra Pradesh, top executives of major IT companies reached out to the political parties on Saturday to convey to them that the industry could not take any moreSource: Business Line - Home Page | 3 Jan 2010 | 12:00 am Trains crash, flights cancelled as fog envelops NorthHeavy fog in North India on Saturday paralysed rail, road and air transport services and disrupted normal life. The adverse weather conditions caused four separate train accidents in Uttar Pradesh resulting in the death of more than tenSource: Business Line - Home Page | 3 Jan 2010 | 12:00 am Ashok Leyland rolls out new truck platformAnnouncing a revamp of its entire truck model range by 2012-13, Ashok Leyland launched on Saturday the first two products under its new U-Truck platform – U-4936 tractor and U-2523Source: Business Line - Home Page | 3 Jan 2010 | 12:00 am SBI to decide on further fund raising under MTNMumbai: The State Bank, which has raised $2.9 billion so far under its $5 billion medium-term notes programme, is likely to decide on raising the remaining part in the second quarter of next financial year. The lender, which started raising money under the $5 billion medium-term notes (MTN) programme in 2004 to finance its overseas expansion plans, said the bank is unlikely to tap the MTN route to raise funds till June this year. “At the earliest, we would look at raising further money under the MTN programme by July 2010. The details of this exercise will be decided according to the prevailing market conditions and bank’s requirements,” the official said. Under the programme, SBI has raised around $2.9 billion in various phases, which has left the banking major with a headroom of $2.1 billion to raise further funds through this route. In October this year, SBI raised $750 million (about Rs3,600 crore) issuing bonds, which carried a maturity of five years at a coupon rate of 4.5%. It raised an additional $100 million senior debt via the issue of fixed rate bonds last month, which carried a maturity period till 2014 and a coupon of 4.50%. An MTN programme allows an issuer to raise funds on an ongoing basis through various products such as floating rate notes or on a fixed rate after obtaining prior regulatory and other approvals. The amount raised through the MTN programme will be primarily used to fund the expansion plans of SBI’s foreign branches and to expand its overseas loan book, the official said. After SBI’s October issue, its nearest competitor, ICICI Bank had also raised $750 million late last year through the issue of five-year bonds at its Bahrain branch. The issue, which had an order book of over $3 billion, was participated by over 250 investors and carried a coupon rate of 5.5%. SBI, which derives around 12% of its total revenue from the overseas business, at present has 137 branches abroad. Source: Home - Livemint.com | 2 Jan 2010 | 11:58 pm Indian cos listed on US bourses gain 70 bn in 2009Indian companies listed on the American bourses notched up handsome gains in 2009 as their aggregate valuation scaled upward by $ 70 billion with stock markets worldwide rallying substantially in the year. Source: HindustanTimes.com - Top Business News Headlines | 2 Jan 2010 | 11:53 pm Mahindra Renualt trims to cope with low sales - Moneycontrol.com
Source: Business - Google News | 2 Jan 2010 | 11:50 pm Inflation, liquidity cause for concern - Economic Times
Source: Business - Google News | 2 Jan 2010 | 11:46 pm Launch of 3 new car models expected to increase competitionThe models include small car Figo from US auto major Ford Motor Company, the Micra from Nissan-Renault and the much awaited 'Polo' from Volkswagen.Source: Daily News & Analysis: Money News | 2 Jan 2010 | 11:23 pm Govt to set up international shipyard worth up to 4000 crNew Delhi: The government plans to set up a shipyard to produce large-sized vessels under public-private partnership with an investment of Rs3,000-4,000 crore, in lieu of the Hindustan Shipyard going to the Defence Ministry. “The government will set up another shipyard, most likely on the east coast (of the country) under the the PPP mode to make VLCC and other large vessels ... the total investment will be at Rs3,000-4,000 crore,” a senior government official told PTI. This will be the only facility in the country after Pipavav shipyard to produce huge vessels such as very large crude carriers (VLCCs). “The government will hold anywhere between 26-49% in the project...land will be acquired (for the project) by the private developer to expedite the project,” he said. The government will appoint a consultant to work out the detailed project report and then invite bids. “The project is likely to be awarded by February-March next year ... It will take three-five years for the shipyard to come up,” he added. The Cabinet last week approved transfer of Hindustan Shipyard Ltd from the Ministry of Shipping to the Ministry of Defence to meet the country’s security requirements of building vessels for the Indian Navy. The minimum land requirement for the new shipyard would be 1,000-1,500 acres with a waterfront of about 2.5 km. The site would be contiguous to a major port and must have good rail and road connectivity, according to the National Maritime Development Programme (NMDP). The government envisages building two international size shipyards under the NMDP — one each on the east and west coasts. The Shipping Ministry had nominated the Mumbai Port Trust and the Ennore Port Trust to function as the nodal agencies for setting these up. Source: LatestNews-Home - Livemint.com | 2 Jan 2010 | 11:08 pm Govt to set up international shipyard worth up to 4k crThe government plans to set up a shipyard to produce large-sized vessels under public-private partnership with an investment of Rs 3,000-4,000 crore, in lieu of the Hindustan Shipyard going to the defence ministry.Source: India Business News | Business News - Times of India | 2 Jan 2010 | 10:25 pm Commodity prices likely to climb this year: IMFThe price of many commodities are expected to rise this year primarily fuelled by increased demand worldwide, the International Monetary Fund has said.Source: India Business News | Business News - Times of India | 2 Jan 2010 | 10:23 pm Offload stocks to bring food prices under control: CIIWith food prices galloping and no early relief in sight, an industry body has said the government should partly offload its buffer stock while incorporating agricultural purchase tax in the proposed goods and sales tax (GST).Source: India Business News | Business News - Times of India | 2 Jan 2010 | 9:53 pm Cold wave, fog leave north India in jitters - Times of India
Source: Business - Google News | 2 Jan 2010 | 5:29 pm State-of-the-art traffic system before Commonwealth Games - Economic Times
Source: Business - Google News | 2 Jan 2010 | 5:22 pm India growth story on track - Economic Times
Source: Business - Google News | 2 Jan 2010 | 2:18 pm AI targets Rs 900-cr savings, to boost fuel efficiency - Economic Times
Source: Business - Google News | 2 Jan 2010 | 1:14 pm Post crisis Air India to spin off 3 new leafsHaving survived its worst financial crisis, Air India has set into motion a restructuring exercise to generate additional revenue of Rs 6,500 crore and to re-deploy excess manpower into productive use. The carrier has managed to save more than Rs 1, 000 crore through a host of cost saving measures, reports Lalatendu Mishra.Source: HindustanTimes.com - Top Business News Headlines | 2 Jan 2010 | 12:55 pm New platform for Ashok Leyland trucks - Economic Times
Source: Business - Google News | 2 Jan 2010 | 12:24 pm Bihar grew by 11.03%, next only to GujaratBihar is India's new miracle economy. In the 5-year period between 2004-05 and 2008-09, Bihar's GDP has grown by a stunning 11.03%, just a shade behind Gujarat's well-publicized growth of 11.05%.Source: India Business News | Business News - Times of India | 2 Jan 2010 | 12:18 pm Retailers mull new strategies for small storesLarge retailers are trying to make their small food and grocery stores viable by trying out new ideas. While some like Reliance Retail are converting most of these stores into a deep- discount value format, RPG Groups Spencers is looking at the franchising route.Source: Business Standard | Front Page Headlines | 2 Jan 2010 | 12:13 pm Yale, Harvard, MIT buy Sibal's planIvy League colleges Yale, Harvard, Princeton and the Massachusetts Institute of Technology have approached the ministry of human resources development to collaborate in the proposed Innovation Universities across the country, official sources said.Source: Business Standard | Front Page Headlines | 2 Jan 2010 | 12:11 pm Maharashtra prods builders to go greenThe Maharashtra government proposes to amend the Development Control Rules for the introduction of green building regulations initially in Mumbai and later in Tier-two cities of the state.Source: Business Standard | Front Page Headlines | 2 Jan 2010 | 12:09 pm Union Bank signals rise in deposit ratesIn a move that could signal hardening of interest rates, state-owned Union Bank of India has introduced a new scheme that offers higher rates on deposits with a specified maturity. This is for the first time in over a year that a large bank has raised rates on retail deposits.Source: Business Standard | Front Page Headlines | 2 Jan 2010 | 12:07 pm Fog halts North IndiaThe first day of the dreaded North Indian fog exposed all claims of safety and preparedness. It led to three train accidents, disrupted air traffic and power breakdown as the northern grid tripped. The fog reduced visibility to as low as 50 metres in Delhi this morning.Source: Business Standard | Front Page Headlines | 2 Jan 2010 | 12:05 pm Commercial vehicles power Tata Motors sales in Dec - Hindu Business Line
Source: Business - Google News | 2 Jan 2010 | 11:34 am Russia 2009 oil output hits new high after 2008 blipRussian oil output grew by around 1.5 percent in 2009 to a new post-Soviet high, putting the world's largest crude producer on an upward trend.Source: Daily News & Analysis: Money News | 2 Jan 2010 | 9:26 am HarleyDavidson: Revving up to charm the Indian bikerHarleyDavidson expects India to be its biggest market in Asia within the next ten years. In an exclusive interview with CNBCTV18, Anoop Prakash, MD, HarleyDavidson India spoke about the road ahead for HarleyDavidson in the Indian market.Source: Moneycontrol Top Headlines | 2 Jan 2010 | 8:51 am Toyota Kirloskar registers highest yearly and monthly salesIts products Innova and Corolla continued to maintain leadership in their segments, and the Fortuner contributed by recording sales of 3,154 units since its launch in August.Source: Daily News & Analysis: Money News | 2 Jan 2010 | 8:39 am Air India plans to outsource functions to cut costAir India today said it is planning to outsource some of its functions such as Information Technology in the near future.Source: Daily News & Analysis: Money News | 2 Jan 2010 | 7:30 am BSNL to launch 3G services in Kerala from January 4BSNL has invested Rs650 crore for the project in Kerala, apart from expanding the existing 2G network to cover more than 95% of BSNL mobile phone subscribers.Source: Daily News & Analysis: Money News | 2 Jan 2010 | 6:32 am Tokyo Stock Exchange to launch new trading system as planned on Jan 4TOKYO (Reuters) - The Tokyo Stock Exchange, Asia's largest equities bourse, said it would go ahead with the launch of its new trading system as planned on Monday after running final checks.Source: Reuters: Money News | 2 Jan 2010 | 6:30 am Bain Capital to make open offer in Himadri ChemBostonbased Bain Capital has acquired 16% stake in Kolkatabased Himadri Chemicals Industries for Rs 252 crore and would make open offer for 20% stake.Source: Moneycontrol Top Headlines | 2 Jan 2010 | 6:29 am Auto cos end 2009 with superlative growthAuto sales in December continued to grow at an unprecedented rate, mirroring the health and resilience of the Indian economy. Most companies registered high doubledigit growth in the month.Source: Moneycontrol Top Headlines | 2 Jan 2010 | 5:25 am Three financial instruments to be suspicious ofThe financial market can be a gold mine or a treacherous trap, depending on the investments you pick.Source: Moneycontrol Top Headlines | 2 Jan 2010 | 5:04 am Bitten by the zuckerbugThe Facebook effect: Why a billion people like this siteSource: Moneycontrol Top Headlines | 2 Jan 2010 | 5:04 am Bain Cap to acquire 35 pc in Himadri Chemicals for Rs 580 cr - Economic Times
Source: Business - Google News | 2 Jan 2010 | 4:58 am Ferrero discusses Cadbury with Hershey, pvt equityMILAN (Reuters) - Italian confectioner Ferrero has met with private equity firms as well as Hershey Co to discuss a possible bid for Britain's Cadbury Plc, Il Sole 24 Ore daily reported on Saturday.Source: Reuters: Money News | 2 Jan 2010 | 4:54 am AIG will use common stock value for 2009 grantsAmerican International Group Inc said in a regulatory filing on Thursday that it will use stock units reflecting the value of AIG\'s common stock for 2009 stock salary grants to executives.Source: Moneycontrol Top Headlines | 2 Jan 2010 | 4:00 am POSCO gets forest land approval for Orissa plantSouth Korean steelmaker POSCO has received final approval to acquire forest land needed for its longdelayed USD 12 billion India project, a company spokesman said on Friday.Source: Moneycontrol Top Headlines | 2 Jan 2010 | 4:00 am Washington, DC sues ATT over calling cardsThe attorney general for Washington, DC has filed a lawsuit against an ATT Inc unit, seeking to recover consumers\' unused balances on prepaid calling cards.Source: Moneycontrol Top Headlines | 2 Jan 2010 | 4:00 am PepsiCo reveals forecast bottler used for mergerPepsiCo Inc made public on Thursday a financial forecast prepared by PepsiAmericas Inc when considering PepsiCo\'s unsolicited USD 7.8 billion takeover bid for its two largest bottlers.Source: Moneycontrol Top Headlines | 2 Jan 2010 | 4:00 am UK online grocer Ocado sees Christmas sales surgeLONDON (Reuters) - UK upmarket online grocer Ocado saw a 30 percent leap in underlying swales in the four weeks ended Dec. 26, adding to signs that recession-hit Britons spent extra on eating at home this Christmas.Source: Reuters: Money News | 2 Jan 2010 | 3:52 am Markets end in green for 2nd consecutive weekMarkets continued to rule firm for the second consecutive week on sustained buying in select counters and hectic short-covering following Prime Minister Manmohan Singh's encouraging comments about economic growth.Source: India Business News | Business News - Times of India | 2 Jan 2010 | 3:08 am Air India ups passenger load by 10%: ChairmanFlag carrier Air India improved its passenger load by over 10% and reduced costs in 2009 by deploying new aircraft and rationalising routes, the airline said Saturday.Source: India Business News | Business News - Times of India | 2 Jan 2010 | 2:50 am House that!Even if homes are built for your driver and your maid, who's going to finance them? Enter the mavericks of MHFC.Source: India Business News | Business News - Times of India | 2 Jan 2010 | 2:13 am
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