Aditya Birla Dec cement shipments up 10.5% YoY

Aditya Birla Group said on Tuesday cement shipments in December rose 10.5% from a year earlier to 3.29 million tonne. Production rose 10% from a year ago to 3.22 million tonne, the company said in a statement.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 8:31 am

Majority bankers give nod for JSL\'s Rs 600cr CDR package

Jindal Stainless’ (JSL’s) corporate debt restructuring (CDR) package has been delayed twice earlier. However, finally, bankers and JSL promoters seem to be on the same page. Majority bankers have approved JSL\'s Rs 6,000 crore CDR package.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 8:17 am

Have raised $200m via ECB: SREI Infrastructure

In an interview with CNBCTV18, Sunil Kanoria of SREI Infrastructure, spoke about the latest happenings in his company and sector.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 7:42 am

New urea policy could be in place by April 1: RCF

Leading fertiliser producer, Rashtriya Chemical Fertilizer or RCF has been buzzing in trade in the last few sessions. The public sector undertaking has potentially received a potential booster shot from the upcoming union budget.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 7:32 am

Project value for Burj Dubai at Rs 1400cr: Voltas

Voltas\' Executive Vice President and Chief Financial Officer, MM Miyajiwala, says, \"We have accounted for Burj Subai’s revenue over the last two to three years. The project value for us, electromechanical is likely to be about Rs 1,400 crore.\"
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 7:20 am

In pics: The Big 6 exhibits on day 1 of Delhi Auto Expo

Considered a lowprofile event till only a few years ago, the Delhi Auto Expo is now counted by many as rivalling the illustrious Detroit Auto Show, and with interest in the Indian auto market only increasing, most global automakers are sure they aren’t missing this one.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 7:14 am

Expect EBITDA level of 810% in SMR: Motherson Sumi Sys

In an interview with CNBCTV18, Pankaj Mittal, Chief Operating Officer of Motherson Sumi System spoke about the latest happenings in his company and sector.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 6:44 am

JSW Steel crude steel output surges in OctDec

JSW Steel Ltd, India\'s No. 3 producer of the alloy, said on Tuesday crude steel output jumped 88% to 1.47 million tonnes in the three months to December.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 5:24 am

IVRCL Infra says gets orders worth Rs 9.58 billion

Construction firm IVRCL Infrastructures Projects Ltd said on Tuesday it has won orders worth 9.58 billion rupees in transportation, water supply, irrigation and power sectors.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 5:24 am

VE Commercial eyes 15% mkt share in heavy duty trucks

VE Commercial Vehicles, a joint venture between Eicher Motors and Volvo hopes to capture 15% market share in heavy duty truck segment by 2015, it said in a statement.
Source: Moneycontrol Top Headlines | 5 Jan 2010 | 5:24 am

Sensex ends near 17700; metals,realty lead - Economic Times

SINDH TODAY

Sensex ends near 17700; metals,realty lead Economic Times MUMBAI: Indian markets ended on a positive note on Tuesday following gains in metals, realty and power stocks. Broader markets outperformed the benchmarks while negative cues from the European markets were ignored. Bombay Stock Exchange's Sensex closed ... Sensex ends up 114ptsBusiness Standard Nifty holds 5250; Hindalco,JP Asso,Sterlite Inds,Grasim upMoneycontrol.com Sensex slightly off day's high...RIL, L&T dragIndia Infoline.com Sify -NDTV.com -Myiris.com all 137 news articles »

Source: Business - Google News | 5 Jan 2010 | 3:23 am

Secondary steel makers raise prices

MUMBAI (Reuters) - Secondary steel makers Uttam Galva Steels Ltd and Bhushan Steel raised prices of their products in view of firm global markets, top company officials told Reuters on Tuesday.
Source: Reuters: Money News | 5 Jan 2010 | 2:57 am

Airbus raises stakes in A400M row with Germany

PARIS/FRANKFURT (Reuters) - Airbus set itself on a possible collision course with the German government on Tuesday by signalling it was ready to walk away from a delayed 20 billion euro military plane project in a row over costs.
Source: Reuters: Money News | 5 Jan 2010 | 2:54 am

Tata Motors launches 3 new vehicles

NEW DELHI (Reuters) - Tata Motors, India's largest vehicle maker, on Tuesday unveiled three new vehicles at an auto show in New Delhi.
Source: Reuters: Money News | 5 Jan 2010 | 2:51 am

Aditya Birla Dec cement shipments up 10.5 pc y/y - Economic Times

Aditya Birla Dec cement shipments up 10.5 pc y/y Economic Times MUMBAI: India's Aditya Birla Group said on Tuesday cement shipments in December rose 10.5 per cent from a year earlier to 3.29 million tonnes. Production rose 10 per cent from a year ago to 3.22 million tonnes, the company said in a statement. ... Jaiprakash cement sales up 60% in DecBusiness Standard Shree Cement Dec shipments up 22 pct y-o-yReuters India Cement stocks boom as shipments riseCommodity Online Press Trust of India -Equity Bulls -Reuters all 17 news articles »

Source: Business - Google News | 5 Jan 2010 | 2:47 am

JSW Steel production rises 88 pc in Q3 - Economic Times

JSW Steel production rises 88 pc in Q3 Economic Times 5 Jan 2010, 1456 hrs IST, PTI MUMBAI: JSW Steel, the country's largest private sector steel maker by domestic capacity, on Tuesday said its production rose 88 per cent to 14.69 lakh tonnes in the third quarter of the current fiscal. ... JSW Steel hardens on surge in crude steel outputIndia Infoline.com JSW Steel zooms on robust growth in steel prodBusiness Standard JSW Steel iron ore needs to rise on increasing productionSteelGuru Myiris.com -Alibaba News Channel -RTT News all 15 news articles »

Source: Business - Google News | 5 Jan 2010 | 2:35 am

Kraft sweetens Cadbury offer, Nestle rules out bid

NEW YORK/ZURICH (Reuters) - Hopes of a takeover battle over British confectioner Cadbury receded as Nestle ruled itself out as a suitor and Kraft sweetened its hostile 10.2 billion pound ($16.4 billion) offer.
Source: Reuters: Money News | 5 Jan 2010 | 2:29 am

GLOBAL MARKETS - Hopes for economy drive risk appetite

LONDON (Reuters) - Optimism about the world economy buoyed global equities on Tuesday, particularly in emerging markets, but the dollar continued its weak start to 2010.
Source: Reuters: Money News | 5 Jan 2010 | 2:17 am

Rate hike not needed now - PM adviser - Reuters India

Indian Express

Rate hike not needed now - PM adviser Reuters India MUMBAI (Reuters) - An adjustment in Indian policy interest rates is not warranted for now but liquidity tightening may be needed, the prime minister's economic adviser said ahead of a central bank policy meeting later this month. ... Must deal with food inflation on supply side: RangarajanMoneycontrol.com Inclusive banking via cellphonesEconomic Times Volatile capital flows could pose problems, says RBIBusiness Standard Bloomberg -SteelGuru -NDTV.com all 41 news articles »

Source: Business - Google News | 5 Jan 2010 | 2:15 am

Godrej Properties surges on debut, cheers realty - Economic Times

Godrej Properties surges on debut, cheers realty Economic Times MUMBAI: Shares of Godrej Properties surged nearly 20 per cent after listing at a 5.05 per cent premium on its debut on Tuesday, in a first listing by any property firm in over two years. ( Watch ) The strong start would serve to cheer realty firms that ... Godrej Properties Robust in DebutWall Street Journal Godrej Properties, Sole Indian 2009 Realty IPO, Gains in DebutBloomberg Godrej Properties lists at Rs 510/sh, surges 16%Moneycontrol.com Business Standard -Myiris.com -Press Trust of India all 41 news articles »

Source: Business - Google News | 5 Jan 2010 | 2:03 am

Honda to sell small car at below Rs 5 lakh - Economic Times

Business Standard

Honda to sell small car at below Rs 5 lakh Economic Times NEW DELHI: Japan's Honda Motor Co will price its new small car for India, to be launched in 2011, at less than Rs 500000 ($10823), executive vice president Koichi Kondo said on Tuesday. Honda Motor said it would begin selling its new compact car in ... In pics: The Big 6 exhibits on day 1 of Delhi Auto ExpoMoneycontrol.com Global Companies Launch New Cars At India Auto ShowWall Street Journal Honda to launch small car in India by 2011Sify Reuters -Rediff -Business Standard all 262 news articles »

Source: Business - Google News | 5 Jan 2010 | 2:03 am

Auto Expo starts showing India s growing clout as industry hub

The 10th Auto Expo flagged off at the Pragati Maidan exposition grounds in New Delhi on Tuesday, attracting over 2,100 participants from 30 countries in a growing testimony to India's emergence as a major market and hub for the global automobile industry.

Source: HindustanTimes.com - Top Business News Headlines | 5 Jan 2010 | 2:01 am

Mercedes launches new S-Class, SUV - Moneycontrol.com

Globe and Mail

Mercedes launches new S-Class, SUV Moneycontrol.com Mercedes-Benz India got off to a bright start in the new year 2010 by launching the premium S 500L that embodies the new design trend of the S-Class range and the GL 350CDI that lays claim to being the biggest and most exclusive SUV in India. ... Mercedes rides high on new launchesEconomic Times BMW zooms past MercedesTimes of India BMW beats Mercedes in luxury stakesBusiness Standard NDTV.com -Financial Express -Calcutta Telegraph all 74 news articles »

Source: Business - Google News | 5 Jan 2010 | 1:45 am

Small, green cars set to rule at Auto Expo in Delhi

Toyota, Honda, Suzuki and General Motors are all here but most of them are unveiling their small and concept cars, high on fuel efficiency.
Source: Daily News & Analysis: Money News | 5 Jan 2010 | 1:33 am

Honda unveils new small car concept; to be launched in 2011, priced below Rs 5L

Japanese auto giant Honda on Tuesday said its small car, to be launched in the country by 2011, would be priced below Rs 5 lakh.
Source: India Business News | Business News - Times of India | 5 Jan 2010 | 1:28 am

Toyota steps up small car battle in India

NEW DELHI (Reuters) - Toyota Motor Co, seeking to draw a line under a dire 2009, is ramping up in India with the launch of a new low-cost compact car to tap the fast-growing market.
Source: Reuters: Money News | 5 Jan 2010 | 1:22 am

Maruti unveils new concept six seater car

The country's largest passenger car manufacturer Maruti Suzuki India Ltd on Tuesday showcased a concept prototype of its six-seater family car at the 10th Auto Expo in New Delhi and voiced optimism that the company's sales would go up in the new year.

Source: HindustanTimes.com - Top Business News Headlines | 5 Jan 2010 | 1:07 am

Bangladesh approves Bharti Airtel's Warid stake buy

DHAKA (Reuters) - Bangladesh's telecoms authority has approved Bharti Airtel's proposed $300 million investment in Abu Dhabi Group's Warid Telecom, the fourth-largest mobile company in Bangladesh.
Source: Reuters: Money News | 5 Jan 2010 | 1:05 am

Honda exec: to sell India small car at below $10,823

NEW DELHI (Reuters) - Japan's Honda Motor Co will price its new small car for India, to be launched in 2011, at less than 500,000 rupees ($10,823), executive vice president Koichi Kondo said on Tuesday.
Source: Reuters: Money News | 5 Jan 2010 | 1:00 am

Move to the Beat - Moneycontrol.com

BBC News

Move to the Beat Moneycontrol.com The Chevrolet Beat has arrived, starting its chapter by dealing a massive blow to the competition with its unimaginably low prices. It is a car carrying a huge weight over its rather small shoulder, the weight being the task of showcasing itself as a ... Chevy Beat may be game changer in small-car marketHindu Business Line GM drives in Beat at Rs 3.34 lakhTimes of India GM eyes Delhi marketBBC News Business Standard -Financial Express -Livemint all 110 news articles »

Source: Business - Google News | 5 Jan 2010 | 1:00 am

Dhaka telecom regulator okays Bharti Airtel s entry

Bangladesh's telecom regulator has approved Indian firm Bharti Airtel's $300 million initial investment proposal to buy a 70 per cent stake in Warid, the fourth largest mobile company in the country.
Source: HindustanTimes.com - Top Business News Headlines | 5 Jan 2010 | 12:53 am

Film box office overtakes 2009 DVD, Blu-ray sales

US consumers spent more to see Hollywood movies in theatres last year than buy them on DVD and Blu-ray discs, industry figures showed on Monday.
Source: Daily News & Analysis: Money News | 5 Jan 2010 | 12:29 am

First Armani hotel to open in March at Burj Dubai - Economic Times

Telegraph.co.uk

First Armani hotel to open in March at Burj Dubai Economic Times 5 Jan 2010, 1216 hrs IST, PTI DUBAI: Armani Hotel Dubai, marking ace fashion designer Giorgio Armani's foray into the hospitality sector, will throw open its door to public from this March. Lodged in the spectacular Burj Dubai tower, the hotel will be ... Dazzling fireworks light up world's tallest towerRediff World's Tallest Tower Opens in DubaiWall Street Journal Dubai Tower is World's Tallest BuildingMerchant News Telegraph.co.uk -AFP -Sydney Morning Herald all 2,739 news articles »

Source: Business - Google News | 5 Jan 2010 | 12:07 am

Sadbhav Engineering wins Rs13.5-billion highway project

Sadbhav Engineering won a project worth Rs13.5 billion for four-laning a section of national highway 71 A on build-operate-transfer basis.
Source: Daily News & Analysis: Money News | 5 Jan 2010 | 12:06 am

New virus targets Facebook users

How would you react if you get a message through Facebook saying your friend has reported you for being offensive, or if it says ‘check out this video of you dancing; it's comical; we're enjoying
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Prism Cement (Rs 50.7): Buy

We recommend a buy in Prism Cement from a short-term perspective. It is evident from the charts that after retracing 50 per cent of the stock's up move (from October 2008 low to September 2009 high), the stock found support at around Rs 36 in
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Banks cutting credit card limits in ‘balancing act'

If you are a credit card holder, better check your credit balance before swiping your card. Some banks are again reducing the credit/cash limits to play it
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Opening early, market hits 22-month high

All eyes were on the stock markets on Monday, the first day of extended market hours with a 9 a.m. opening, a feature that was introduced after much
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Auto cos rev up ahead of expo

The fog cleared enough in the Capital for the sun to peep through for a while, giving hopes that the curtains will go up on the Auto Expo at the Pragati Maidan on Tuesday without too much of a
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Fund raising through QIP route brings in Rs 34,100 crore

With foreign institutional investors taking a fancy to QIPs (qualified institutional placements), 2009 turned out to be a better year for equity fund-raising by Indian companies than the previous
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Day Trading Guide

Note: In a buy recommendation, the resistances would be the targets and the nearest support would be the stop loss; In a sell recommendation, the supports would be the targets and the nearest resistance would be the stop loss; The recommendation
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Political will needed to contain pulses price rise

As part of measures to curb price rise, the Planning Commission has mooted the idea of encouraging formation of pulses growers' federation which will trade on commodity futures
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

‘Food prices may come down by next month'

Food prices are likely to soften by next month, according to the Planning Commission Deputy Chairman, Mr Montek Singh
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Reliance Ind offloads 2.58 cr treasury stocks

Reliance Industries on Monday sold 2.58 crore (of its 18.4 crore) treasury shares for Rs 2,675 crore to Life Insurance Corporation of India.
Source: Business Line - Home Page | 5 Jan 2010 | 12:00 am

Auto Expo 2010 : Maruti's RIII, SX4 hybrid, Eeco & more! - Business Standard

Business Standard

Auto Expo 2010 : Maruti's RIII, SX4 hybrid, Eeco & more! Business Standard Here is what Maruti Suzuki had on offer on day 1 of the 2010 Auto Expo. To begin with Maruti showcased its RIII MPV concept, the SX4 hybrid, SX4 hatchback concept and the Kizashi. Also on display was the Eeco hybrid. The Eeco itself, will be launched ... AUTOSHOW-Maruti Suzuki sees exports hit by Europe rulesReuters Maruti Suzuki Plans Capacity ExpansionWall Street Journal Maruti unveils the R3 at the Auto ExpoMoneycontrol.com NDTV.com -Economic Times -Bloomberg all 72 news articles »

Source: Business - Google News | 4 Jan 2010 | 11:55 pm

Uttar Pradesh may lift raw sugar imports ban: Report

The northern state of Uttar Pradesh in November banned imports of raw sugar, following agitations by farmers protesting against overseas purchases of raws.
Source: Daily News & Analysis: Money News | 4 Jan 2010 | 11:51 pm

Honda to launch new compact car in India by 2011

Japan's No 2 auto maker said it would aim to offer the model at an 'affordable' price by leveraging its global parts sourcing network.
Source: Daily News & Analysis: Money News | 4 Jan 2010 | 11:47 pm

VE Commercial eyes 15% market share in heavy-duty trucks

The firm on Tuesday launched a new series of heavy duty trucks at India's auto expo in New Delhi.
Source: Daily News & Analysis: Money News | 4 Jan 2010 | 11:41 pm

Honda India unit FY'10 sales to rise up to 27% year-on-year

The company expects to sell 60,000-70,000 cars in 2009-'10 fiscal year, up from about 55,000 a year ago.
Source: Daily News & Analysis: Money News | 4 Jan 2010 | 11:38 pm

Lenovo, Qualcomm team up on Skylight 'smartbook'

Lenovo's new Skylight runs on Qualcomm Inc's Snapdragon chip, which is also used in smartphones, and features an operating system built on Linux, rather than Microsoft Corp's Windows.
Source: Daily News & Analysis: Money News | 4 Jan 2010 | 11:33 pm

Some liquidity tightening may be needed: Prime minister's advisor

The Reserve Bank of India is set to hold its quarterly monetary policy review on January 29, and is widely expected to tighten cash reserve ratio requirements for banks.
Source: Daily News & Analysis: Money News | 4 Jan 2010 | 11:28 pm

Toyota sees 'Etios' annual sales at 70,000

It said it will expand its Indian sales network to 150 dealers by the end of 2010, from the current 97.
Source: Daily News & Analysis: Money News | 4 Jan 2010 | 11:25 pm

Maruti Suzuki expects 10% growth in 2010, unveils concept MPV

The country's largest carmaker, Maruti Suzuki, on Tuesday said it expects sales to grow around 10 per cent in 2010.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 11:22 pm

Godrej Prop surges on debut, cheers realty

MUMBAI (Reuters) - Shares of Godrej Properties surged nearly 20 percent after listing at a 5.05 percent premium on its debut on Tuesday, in a first listing by any property firm in over two years.
Source: Reuters: Money News | 4 Jan 2010 | 11:03 pm

Sensex surges 171 pts in opening trade

The Bombay Stock Exchange benchmark Sensex on Tuesday jumped by over 170 points, or 0.92 per cent, in opening trade on buying by foreign funds, driven by rally on the global bourses after positive US manufacturing data.

Source: HindustanTimes.com - Top Business News Headlines | 4 Jan 2010 | 10:40 pm

BSE Sensex up 0.9 pct; financials lead

MUMBAI (Reuters) – The BSE Sensex was trading 0.9 percent higher on Tuesday, led by gains in banks and financial stocks, mirroring world markets' gain on optimism that the global economy was on a recovery path.
Source: Reuters: Money News | 4 Jan 2010 | 10:30 pm

Rupee at month high, up 8 paise at 46.22 a dollar

The rupee on Tuesday appreciated by 8 paise to hit a month's high of 46.22 against the US currency in early trade, in line with other firming Asian currencies.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 10:05 pm

Sensex surges 171 points in opening trade

The Bombay Stock Exchange benchmark Sensex on Tuesday jumped by over 170 points in opening trade on buying by foreign funds, driven by rally on the global bourses after positive US manufacturing data.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 9:09 pm

Brokers crib their way to office for 9 am start

The new year kicked off with new timings for the stock markets. While bigger brokerage firms managed to bring round recalcitrant staffers by deciding to work in shifts, it was a struggle at smaller ones.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 5:52 pm

10th Auto Expo to start Tuesday in Delhi!

The seven-day 10th Auto Expo this week could attract around 20 lakh visitors, higher than those at similar events held last year in Shanghai and New York, organisers said Monday.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

JSW Steel hikes prices by 3-5% across all categories!

JSW Steel Ltd, the country`s third-largest steel-maker, said on Monday it has raised product prices by 3-5 percent across all categories led by an increase in raw material prices and pick-up in demand.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

Volatile capital flows may pose policy challenges: RBI!

The Reserve Bank said rapid and volatile capital flows could present significant policy challenges, potentially leading to exchange rate overshooting, asset-price volatility and financial instability.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

Novartis plans to buy rest of Alcon for $39 bln!

Switzerland`s Novartis plans to get full control of eye care group Alcon for a total $39.3 billion, to diversify away from prescription drugs, after agreeing to acquire a majority stake from Nestle.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

Mercedes loses crown to BMW, sales decline over 10% in India!

German luxury carmaker Mercedes on Monday said it has lost leadership position in the premium segment in India to rival BMW and reported a decline of 10.43 per cent in sales in the country for the last year.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

RBI Reference rate for US dollar and euro!

The Reserve Bank of India fixed the Reference rate for the US currency at Rs 46.51 per dollar and the single European unit at Rs 66.48 per euro from Rs 46.65 per dollar and Rs 66.83 per euro respectively, as on January 1.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

Pawar releases `Drought Management Manual`!

Agriculture Minister Sharad Pawar today released a `Drought Management Manual` that will help as a set of practical guidelines in implementing mitigation and relief measures.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

No monetary tightening seen for now: Finmin advisor!

India is not expected to announce any monetary tightening measures for now, the finance ministry`s chief economic advisor Kaushik Basu said on Monday.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

Oil touches $80 on US economy, demand optimism!

Oil prices touched $80 a barrel Monday in Asia on optimism a gradual US economic recovery in 2010 will boost demand for crude.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

ICICI Bank in pact with UK Trade and Investment!

Leading private sector lender, ICICI Bank has tied up with UK Trade and Investment to help Indian firms explore business opportunities in the UK market.
Source: Zee News : Business | 4 Jan 2010 | 5:49 pm

'2010 will be the toughest year for Maruti Suzuki'

Almost 30 years on, Nakanishi is the managing director of Maruti Suzuki, and the company alone sells almost 75,000 cars every month.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 1:59 pm

No boost for shares' value

The first day of the extended trading hours failed to bring any cheer to the value of shares traded in the markets on Monday.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 1:50 pm

Investors to gain, says India Inc

Even as brokers are fuming at stock market trading being brought forward by an hour, most of the corporate CEOs TOI spoke to feel the move would benefit the investor at large, which would in turn augur well for the markets.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 1:43 pm

Marico buys Code 10 from Colgate-Palm

Marico has entered the Malaysian hair styling market with the acquisition of Code 10, a brand comprising a range of hair creams and gels, from Colgate-Palmolive.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 1:40 pm

RIL raises Rs 2675 crore via treasury stock sale

Reliance Industries (RIL) on Monday sold a part of its treasury stock for Rs 2,675 crore, the second such transaction in less than four months.
Source: India Business News | Business News - Times of India | 4 Jan 2010 | 1:37 pm

Reliance gets Rs 2 675 crore new year gift from LIC

The first trading day of 2010 saw India’s largest institutional investor, the Life Insurance Corporation of India (LIC), invest Rs 2,675 crore in the country’s largest private sector company, Reliance Industries Ltd (RIL).
Source: HindustanTimes.com - Top Business News Headlines | 4 Jan 2010 | 12:27 pm

No monetary tightening expected: Basu

Two key functionaries in the government expect no monetary tightening measures soon, despite the rising food inflation. Instead, they see food prices cooling by the next month.
Source: Business Standard | Front Page Headlines | 4 Jan 2010 | 12:23 pm

RIL raises Rs 2,675 cr

Mukesh Ambani-led Reliance Industries (RIL) today raised Rs 2,675 crore by selling a part of its treasury stock to Life Insurance Corporation of India (LIC), to create a war chest to acquire the bankrupt chemicals giant LyondellBasell.
Source: Business Standard | Front Page Headlines | 4 Jan 2010 | 12:21 pm

3 Idiots makes B'wood history

Rakes in Rs 240 crore in 10 days.
Source: Business Standard | Front Page Headlines | 4 Jan 2010 | 12:19 pm

India Inc pre Budget discussions tomorrow Pranab

Finance Minister Pranab Mukherjee will begin the customary pre-Budget consultations with the captains of India Inc tomorrow, amid concerns of government contemplating to withdraw stimulus given to the industry to combat the impact of global financial meltdown.
Source: HindustanTimes.com - Top Business News Headlines | 4 Jan 2010 | 10:57 am

India doesn t stand out as an overspender Montek

Refusing to be drawn into the debate over when should stimulus packages be withdrawn, the Planning Commission said India will not stand out in the world as an overspender despite the rise in the fiscal deficit because of the sops.
Source: HindustanTimes.com - Top Business News Headlines | 4 Jan 2010 | 10:45 am

Air India eyes top end clients

In true spirit of Maharaja, Air India has decided to stick to its full service business model despite the whole of domestic civil aviation market is moving the low-fare way.

Source: HindustanTimes.com - Top Business News Headlines | 4 Jan 2010 | 9:47 am

Cold start to early trading on stock exchanges

The country’s leading stock exchanges started trading at 9 a.m. — with the start time advanced by 55 minutes in a controversial move — on Monday, but the many market players did not see the surge in volumes they were looking for.
Source: HindustanTimes.com - Top Business News Headlines | 4 Jan 2010 | 9:46 am

DoT mess officers miss bus to key BSNL post

At a time when the prime minister himself has rolled up his sleeves to improve the performance of Bharat Sanchar Nigam Limited (BSNL), the state-owned telecom major could find itself short of talent at the top soon, thanks to a bureaucratic mess.

Source: HindustanTimes.com - Top Business News Headlines | 4 Jan 2010 | 9:44 am