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  News Updated on Saturday, November 21, 2009 3:50:50 AM
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 Business
 Top Stories
 • Online Indian shoppers spent $2,000 on average last year
 • Apex court suspends order on relief to Narmada dam displaced
 • Andrew Yule, others offload stake in power utility
 • Barack Obama bags popular at trade fair
 • Government backtracks on sugarcane pricing, opposition satisfied (Lead)
 • Government plans polymer bank notes
 • IDBI Fortis to double headcount, increase branches
 • Jamdani saris a big hit at India International Trade Fair

 » Online Indian shoppers spent $2,000 on average last year
New Delhi |Friday, 2009 8:35:06 PM IST
Indian Internet shoppers spent on an average $2,086 (Rs.97,200) in the past 12 months, according to the Visa e-Commerce Consumer Monitor survey report released Friday.

 » Apex court suspends order on relief to Narmada dam displaced
New Delhi |Friday, 2009 8:05:07 PM IST
The Supreme Court Friday suspended a Madhya Pradesh High Court order directing the state government to give land to the adult children of those displaced by the Indira Sagar dam project on Narmada river.

 » Andrew Yule, others offload stake in power utility
Kolkata |Friday, 2009 8:05:07 PM IST
India Power Corp Ltd (IPCL), a consortium comprising Srei Infrastructure and Bhaskar Silicon, was Friday selected for picking up a controlling 57.17 percent stake in power utility DPSC Ltd.

 » Barack Obama bags popular at trade fair
New Delhi |Friday, 2009 7:35:07 PM IST
If you are a fan of US President Barack Obama and want to take him everywhere with you, then buy one of the many jute bags with images of him and his family on them available at the India International Trade Fair (IITF).

 » Government backtracks on sugarcane pricing, opposition satisfied (Lead)
New Delhi |Friday, 2009 7:35:07 PM IST
Putting an end to the bitter row, the central government Friday decided to restore the earlier sugarcane pricing policy, a move welcomed by opposition parties.

 » Government plans polymer bank notes
New Delhi |Friday, 2009 7:05:06 PM IST
In a bid to check proliferation of counterfeit currency notes and make bank notes last longer, India's central bank will introduce 100 crore polymer notes of Rs.10 denomination on a trial basis soon, it said Friday.

 » IDBI Fortis to double headcount, increase branches
Chennai |Friday, 2009 7:05:06 PM IST
Private sector insurer IDBI Fortis Life Insurance is planning to double its headcount to 2,000 as well as expand its branch network in the country.

 » Jamdani saris a big hit at India International Trade Fair
New Delhi |Friday, 2009 7:05:06 PM IST
Jamdani saris are known for their fine texture, elegant colours and their steep price tags - but visitors to the ongoing India International Trade Fair nevertheless flocked the stalls of Bangladeshi textile houses to buy the exquisite six yards of cloth.

 » Day after: police don't acknowledge vandalism by farmers (Lead)
New Delhi |Friday, 2009 6:35:06 PM IST
A day after the capital's heart was vandalised by over 40,000 protesting sugarcane farmers, police Friday said they could only do so much to prevent the situation from spinning out of control.

 » Congress criticises navy for delaying Goa airport expansion
Panaji |Friday, 2009 6:05:08 PM IST
The Congress Friday criticised the Indian Navy for its delay in parting with 2.5 acres of land sought by government agencies for the expansion of Goa's only airport at Dabolim.

 » AirAsia plans to spread in India, hub in Bangkok
Kolkata |Friday, 2009 6:05:08 PM IST
Malaysian low-cost carrier AirAsia is planning to make Bangkok a hub next year to expand connectivity to Indian cities, a senior company official said Friday.

 » Government mulling revival of closed fertiliser units
New Delhi |Friday, 2009 6:05:08 PM IST
In order to increase urea production, the government is considering reviving closed units and has drawn up a new investment policy to attract investments in this sector, the Rajya Sabha was told Friday.

 » Gammon Infra bags contract worth Rs.850 crore
Mumbai |Friday, 2009 6:05:08 PM IST
Construction major Gammon Infrastructure has bagged a highway project worth Rs.850 crore from National Highways Authority of India (NHAI), the company said Friday.

 » Defence ministry approves purchase of Boeing transport plane
New Delhi |Friday, 2009 6:05:08 PM IST
The defence ministry has in principle approved the purchase of US firm Boeing's C-17 heavy lift aircraft for the Indian Air Force (IAF), which is hoping to replace its ageing fleet of Russian IL-76 transport aircraft, an official said Friday.

 » India, Nepal press ahead with Pancheswor project talks
Kathmandu |Friday, 2009 6:05:08 PM IST
India and Nepal Friday kicked off water-sharing talks in the Himalayan republic that will finally give a push to the massive 6,000 MW Pancheswor Multipurpose Project more than 10 years after the two governments signed a treaty to develop the hydro-power project.

 » After protests, government agrees to restore earlier sugarcane pricing
New Delhi |Friday, 2009 6:05:08 PM IST
Bowing to angry protests from opposition parties and farmers, the government Friday agreed to restore the earlier sugarcane prices.

 » Disinvest, use money for green assets: Finance Commission chief
New Delhi |Friday, 2009 5:05:06 PM IST
The government should sell off half its public sector undertakings and use the $200 billion it will thus make to build environmental assets, 13th Finance Commission Chairman Vijay Kelkar said here Friday.

 » Bihar's per capita energy consumption lowest: Report
Patna |Friday, 2009 5:05:06 PM IST
Bihar's per capita energy consumption is the lowest in the country and the government's rural electrification campaign is a "failure", according to a report by the Greenpeace India Society.

 » Products by jail inmates attract visitors at IITF trade fair
New Delhi | November 20, 2009 3:24:02 PM IST
Products made by jail inmates are attracting hordes of visitors in the ongoing India International Trade Fair (IITF) in New Delhi.

 » Damaged property, business loss bear testimony to farmers' protest
New Delhi |Friday, 2009 4:05:08 PM IST
Sugarcane stems and broken dustbins at Janpath market in the heart of the capital Friday bore testimony to the vandalism by farmers, a day after nearly 30,000 of them descended here from Uttar Pradesh to protest the new sugarcane pricing policy.

 » China overtaking India in English usage: study
London |Friday, 2009 3:35:05 PM IST
India is falling behind China in its attempts to increase the use of English, risking squandering a key economic advantage, a new report says.

 » Sensex volatile, ruling 0.61 percent in red (Lead)
Mumbai |Friday, 2009 2:35:06 PM IST
A benchmark index of the Indian equities markets was trading on a volatile note a little after Friday noon and was down 0.61 percent from its previous closing figure.

 » Parliament adjourned till Monday as sugarcane row continues (Second Lead)
New Delhi |Friday, 2009 2:35:06 PM IST
Work in both houses of parliament stalled for the second consecutive day Friday with opposition members stirring up a massive row over sugarcane prices and demanding a better deal for farmers.

 » How Google and Nike got their names
London | November 20, 2009 1:15:30 PM IST
Google got its name from googol - the number one followed by 100 zeroes which represents the amount of information the site was expected to cover, and Nike's name come from a Greek goddess, reveals a new book.

 » Government help for rubber sector inadequate: Rubber Board chief
Agartala |Friday, 2009 2:05:12 PM IST
The government's allocation for the natural rubber sector is not enough for expanding the area under cultivation or enhancing production, according to Rubber Board of India chairman Sajen Peter.

 » Lok Sabha adjourned over sugarcane prices (Lead)
New Delhi |Friday, 2009 2:05:06 PM IST
The Lok Sabha was adjourned until noon Friday after opposition members disrupted the proceedings demanding a better deal for sugarcane farmers.

 » Bihar villagers now get green electricity (Feature)
New Delhi |Friday, 2009 2:05:06 PM IST
A technology that converts rice husk into electricity is gaining ground in Bihar. Some 100,000 households in the state already use electricity produced from biomass and their number is steadily growing.

 » China's millionaires to cross 450,000 mark
Beijing |Friday, 2009 1:05:28 PM IST
The personal wealth of the rich in China has continued to expand despite the global economic downturn, and a new study says their number could cross 450,000 by the year-end.

 » Indian equities open lower yet again after previous day's losses
Mumbai |Friday, 2009 11:35:12 AM IST
After ending nearly 215 points down a day before, a key Indian equities index opened on a weak note yet again Friday in line with the mood in other Asian markets on concerns over the short-to-medium term global economic outlook.

 » Karanataka's urban development plan seeks balance
Bangalore |Friday, 2009 11:35:12 AM IST
The Karnataka government has to walk a tightrope so that the state gets over its Bangalore-centric development without hurting the nation's IT capital. It hopes to do this through the new Karnataka Urban Renewal Mission, on the lines of the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

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