Business
» Roamware's Innovation gets recognized at the World Brand Congress
Mumbai | November 05, 2009 4:39:24 PM IST
Mumbai, Nov 5 (ANI/Business Wire India): Roamware, Inc., a global leader in mobile roaming software and solutions, today announced that it has been awarded the Excellence in Brand Innovation Award yesterday at a ceremony at the World Brand Congress.
» Subhash Chandra honoured for contribution to TV industry
Hong Kong |Thursday, 2009 5:35:06 PM IST
Zee Group chairman Subhash Chandra has been honoured for his "lifetime contribution to the Asian pay-TV industry" at the 16th convention of the Cable and Satellite Broadcasting Association of Asia (CASBAA) here.
» Special fraud probe team looking at Satyam case: Khurshid
Hyderabad |Thursday, 2009 5:35:06 PM IST
Corporate Affairs Minister Salman Khurshid Thursday denied that the government has asked the Serious Fraud Investigation Office (SFIO) to stop probing the Rs.78,000-crore Satyam accounting scam.
» Banks' internal audits flawed, encourage scams: CBI
Panaji |Thursday, 2009 5:35:06 PM IST
Public sector undertakings, especially nationalised banks, often ignore financial crimes in their internal audits and sometimes even delay the prosecution of their accused employees, a senior Central Bureau of Investigation (CBI) official said here Thursday.
» Sensex climbs in last minutes, ends above 16,000 (Second Lead)
Mumbai |Thursday, 2009 5:05:06 PM IST
A key Indian equities index Thursday rose 158 points to shut shop above the 16,000-mark after languishing in the negative terrain for most of the day.
» Direct tax collection up 3.9 percent
New Delhi |Thursday, 2009 5:05:06 PM IST
Direct tax collection during the first seven months of the current fiscal grew 3.92 percent to Rs.173,447 crore as compared to Rs.166,905 crore in the like period last year.
» Wipro buys part of Yardley cosmetic business for $45 mn (Lead)
Bangalore |Thursday, 2009 4:35:05 PM IST
Consumer care arm of IT bellwether Wipro Thursday announced it had acquired part of Yardley cosmetic products business from the British-based Lornamead group for $45 million (Rs.2.14 billion/Rs.214 crore).
» World Economic Forum to mark 25 years of ties with India
New Delhi |Thursday, 2009 4:05:07 PM IST
The World Economic Forum will hold its three-day India Economic Summit here from Sunday, with Prime Minister Manmohan Singh as the key speaker, to mark 25 years of active engagement between the Davos-based organisation and India.
» Rs.138 cr water supply plant for Gurgaon
Chandigarh |Thursday, 2009 4:05:07 PM IST
The Haryana government Thursday announced sanctioning of a Rs.138-crore (Rs.1.38 billion) project to improve drinking water supply in Gurgaon.
» GVK acquires 12 percent stake in Bangalore airport
Mumbai |Thursday, 2009 4:05:07 PM IST
GVK Power and Infrastructure has approved a 12 percent stake acquisition in Bangalore International Airport Ltd from Zurich Airport for Rs.484 crore, the company said here Thursday.
» Sensex slips after stint in green (Lead)
Mumbai |Thursday, 2009 4:05:07 PM IST
After a sharp spike of 300 points and a breach into the positive zone, a key index of the Indian equities markets slipped back into the red Thursday afternoon.
» Apex court begins hearing Reliance gas dispute case afresh
New Delhi |Thursday, 2009 3:35:06 PM IST
The Supreme Court Thursday began hearing afresh the high profile legal dispute between the Ambani brothers, Mukesh and Anil, over the supply and pricing of natural gas.
» More Indians graduate in maths, science than in US, Japan
New Delhi |Thursday, 2009 3:35:06 PM IST
India's infrastructure on education may have a long way to go to reach global standards, but when it comes to the sheer number of students graduating in maths and science, the country outperforms the US, Europe and Japan, says a new study.
» Primary inflation declines to 0.1 percent as per new monitoring mechanism
New Delhi | November 05, 2009 2:14:17 PM IST
The government has introduced a new mechanism for monitoring the wholesale price movement, under which the inflation of primary articles including food grains, pulses and vegetables declined to 0.11 percent during the week ending October 24.
» Sensex down by 184 points in opening trade on Asian cues
Mumbai | November 05, 2009 2:13:04 PM IST
The Bombay Stock Exchange (BSE) benchmark Sensex today fell over by 184 points as the funds and retail investors preferred to book the profits amid weak Asian markets.
» Hyundai India looking overseas for talent
Chennai |Thursday, 2009 3:05:06 PM IST
The country's second largest car manufacturer, Hyundai Motor India, is looking overseas for talent at the levels of general managers and group heads for its product design and marketing divisions, a senior official has said.
» India's annual food price inflation up over 13 percent
New Delhi |Thursday, 2009 2:35:06 PM IST
Based on the new guidelines on disclosing the official wholesale price index, India's annual rate of inflation based for primary articles and fuels stood unaltered at minus 6.2 percent for the week ended Oct 24, official data showed Thursday.
» Life getting back on track as IOC fire abates
Jaipur |Thursday, 2009 1:35:05 PM IST
With electricity being restored to most areas and people returning home, life in Sitapura near this Rajasthan capital was Thursday returning to normal as the fire at the Indian Oil Corp (IOC) depot abated with only one of the 11 tanks ablaze.
» Wipro buys part of Yardley retail business for $45 mn
Bangalore |Thursday, 2009 1:35:05 PM IST
Wipro Consumer Care and Lighting, the FMCG arm of the IT bellwether, Thursday announced the acquisition of Yardley personal care business in Asia, Middle East, Australasia and some African markets from the British based Lornamead group for $45.5 million (Rs. 214 crore).
» Passengers stranded as airline suspends Himachal flight
Kullu (Himachal Pradesh) |Thursday, 2009 1:05:07 PM IST
The decision of MDLR Airline authorities to suspend their operations in Himachal Pradesh without any notice has left many passengers stranded.
» EU's trade ties with India, ASEAN worries Dhaka
Dhaka |Thursday, 2009 12:35:12 PM IST
The European Union's bilateral free trade agreements (FTAs) with India, Southeast Asian nations and South Korea may pose a potential threat to Bangladesh, a report quoting officials of the European Commission has said.
» Sensex down over a percent in early trade
Mumbai |Thursday, 2009 11:35:06 AM IST
A key index of the Indian equities markets started weak Thursday and was 1.11 percent in the red about ten minutes into trade.
» India shows bull market for gold intact: Forbes
Washington |Thursday, 2009 11:35:06 AM IST
India's purchase of 200 tonnes of gold for $6.7 billion from the International Monetary Fund (IMF) "shows central banks are getting on board with the idea that the bull market in gold still has legs," according to Forbes magazine.
» News Corp earnings rise on cable TV and film gains
Los Angeles |Thursday, 2009 11:35:06 AM IST
Media conglomerate News Corp posted an 11-percent rise in quarterly earnings as strong performances by the company's film and television businesses offset losses at its newspapers and broadcast television units.
» High roller in Nepal? Beware high notes (Letter from Kathmandu)
Kathmandu/Pokhara |Thursday, 2009 11:05:05 AM IST
"Heading for Nepal? Be sure to hit the casinos." These words of encouragement came from family and friends urging me to chance a game or two at the famous gambling destinations in Nepal.
» Small gains for US stocks as Fed keeps rates steady
New York |Thursday, 2009 5:35:18 AM IST
US stocks posted mild gains Wednesday as the Federal Reserve kept interest rates at their record low of close to 0 percent.
» US Federal Reserve keeps interest rates at record low
Washington |Thursday, 2009 5:35:06 AM IST
The US Federal Reserve Wednesday kept interest rates at their historic low of near 0 percent as the world's largest economy embarks on a slow recovery from recession.
» Residents, police move against IOC, fires rage on (Night Lead)
Jaipur |Wednesday, 2009 9:35:06 PM IST
Furious residents around the burning Indian Oil's depot near here filed police complaints against the company as fires raged on Wednesday in two of its tanks after having killed 11 people.
» No CBI request for probing charges against oil regulator
New Delhi |Wednesday, 2009 9:35:06 PM IST
The Central Bureau of Investigation (CBI) has not sought the petroleum ministry's permission to investigate allegations of corruption against oil regulator V.K. Sibal, according to Petroleum Secretary R.S. Pandey.
» Swine flu, economic downturn hit tourist arrivals: Selja
New Delhi |Wednesday, 2009 9:35:06 PM IST
Swine flu and the economic downturn impacted foreign tourist arrivals in India for a while, but it is picking up again, Tourism Minister Kumari Selja said here Wednesday.
» India goes bullish on gold, sees a dim dollar future: Forbes
Washington |Wednesday, 2009 9:05:06 PM IST
India's purchase of $6.7 billion worth of gold from the International Monetary Fund (IMF) is a pointer that New Delhi sees a dim future for the dollar and is making a bullish call on the precious metal, according to the Forbes magazine.
» Delhi's budget tourist hubs to get facelift
New Delhi |Wednesday, 2009 8:35:07 PM IST
Paharganj and Karol Bagh, two congested areas of the national capital that house innumerable budget hotels and crummy guest houses, are soon to get a facelift before next year's Commonwealth Games, Tourism Minister Kumari Selja said here Wednesday.
» Haryana saves Rs.9 lakh energy bill at governor, CM houses
Chandigarh |Wednesday, 2009 8:35:07 PM IST
The palatial residences of Haryana's governor and chief minister in Chandigarh have been refurbished with new energy-efficient lighting worth nearly Rs.23 lakh that has brought down electricity bills at the two places by nearly Rs.900,000 annually.
» EU pushes for India trade pact ahead of summit
New Delhi |Wednesday, 2009 8:35:07 PM IST
Ahead of the India-EU summit this week, a European diplomat Wednesday called for fresh impetus to the stalled talks on a trade pact and stressed that it was time to jump into the cold water of give and take to conclude the deal.
» British envoy urged to extend urban project
Bhopal |Wednesday, 2009 8:35:07 PM IST
Madhya Pradesh Urban Administration and Development Minister Babulal Gaur has urged Britain to extend to 2012 the deadline for a project that seeks to improve living conditions in slums.
» Protesting farmers burn sugarcane crop in Uttar Pradesh
Lucknow |Wednesday, 2009 8:05:06 PM IST
Growing resentment against the sugarcane price policy of the central government has prompted farmers to burn their produce in parts of Uttar Pradesh.
» Cairn India to sell crude to Reliance Industries
Mumbai |Wednesday, 2009 8:05:06 PM IST
Energy firm Cairn India, which operates the Mangala crude oil field in Barmer, Rajasthan, Wednesday said it had concluded an initial agreement to sell crude oil to Reliance Industries.
» Audit firm approaches court in Satyam scam case
New Delhi |Wednesday, 2009 8:05:06 PM IST
PricewaterhouseCoopers, the city-based audit firm Wednesday approached the Delhi High Court seeking quashing of proceedings initiated by the government following the Rs.78,000-crore Satyam scam.
» Exports will see turnaround in last quarter: Anand Sharma
New Delhi |Wednesday, 2009 7:35:06 PM IST
India's exports, which fell for 12 consecutive months since October 2008, may see a turnaround in the January-March quarter, Commerce and Industry Minister Anand Sharma said Wednesday.
» EU trade surplus with India was over $3 bn in 2008
Brussels |Wednesday, 2009 7:35:06 PM IST
Trade in goods between India and the European Union (EU) more than doubled in value during the period 2000-2008, EuAsiaNews reported Wednesday.
» EU vigilant against misuse of aid to Pakistan
New Delhi |Wednesday, 2009 7:35:06 PM IST
Two days ahead of a bilateral summit, the 27-nation European Union Wednesday sought greater cooperation with India in countering terrorism and underlined that it is extremely vigilant about ensuring that aid given to Pakistan is not misused.
» Increased bus fares irk Delhi commuters (Lead)
New Delhi |Wednesday, 2009 7:05:07 PM IST
Delhi's public transport buses Wednesday began charging their new steeply hiked fares, affecting millions of mostly poor and lower income group commuters.
» Koda's house sealed, Swiss bank connection being investigated (Lead)
Ranchi |Wednesday, 2009 7:05:07 PM IST
Former Jharkhand chief minister Madhu Koda's residence here was sealed Wednesday amid allegations that he amassed illegal assets worth crores. Efforts are also on to find out if he deposited money in Swiss banks, sources say.
» No tariff cut for rubber, cashew under ASEAN trade pact
Kolkata |Wednesday, 2009 7:05:07 PM IST
The government will not reduce tariff on rubber and cashew under the ASEAN (Association of South East Asian Nations) Free Trade Agreement that will become effective from January, said Minister of State for Commerce and Industry Jyotiraditya M. Scindia here Wednesday.
» Sensex up 507 points, Tuesday's losers turn gainers (Roundup)
Mumbai |Wednesday, 2009 7:05:07 PM IST
A benchmark index of the Indian equities markets rallied smartly to end 507 points higher Wednesday, recouping the previous day's losses and more.
» Mahindra to foray into motorcycle segment next year
Chennai |Wednesday, 2009 6:35:06 PM IST
After an entry into scooters, auto manufacturer Mahindra and Mahindra will launch a motorcycle next year, a senior company official said here Wednesday.
» State power firms to start energy efficiency company
New Delhi |Wednesday, 2009 6:35:06 PM IST
Four state-run power firms will make equal contributions to float a new company, Energy Efficiency Services Ltd (EESL), to promote energy saving projects in the country, Power Minister Sushilkumar Shinde said Wednesday.
» Time for pink revolution in meat and poultry processing: Sahai
New Delhi |Wednesday, 2009 6:35:06 PM IST
Saying that the time has come for a "pink revolution" in the country's meat and poultry processing industry, Food Processing Industries Minister Subodh Kant Sahai Wednesday called for increased investment in the sector.
» Robust rabi yield will bring down food prices: Ahluwalia
New Delhi |Wednesday, 2009 6:05:07 PM IST
Planning Commission Deputy Chairman Montek Singh Ahluwalia Wednesday said a robust rabi production would bring down food price inflation by the end of the year.
» India can be a brand for tea, spices: Scindia
Kolkata |Wednesday, 2009 6:05:06 PM IST
India can emerge as a brand for commodities like tea and spices in the international market, according to Minister of State for Commerce and Industry Jyotiraditya M. Scindia.
» Steel production needs to be doubled: Minister
New Delhi |Wednesday, 2009 6:05:06 PM IST
India needs to double its steel production from the current 55 million tonnes in five years if it wants to bridge the demand-supply gap, Minister of State for Steel Prathap Annayyagari said here Wednesday.
» Jute council to focus on Goa to boost sales
Panaji |Wednesday, 2009 5:35:06 PM IST
The Jute Manufacturers Development Council (JMDC) is looking at Goa, a tourist destination that attracts many foreigners every year, as a potential market to sell its products, and plans to open stalls across the state.
» Subhash Chandra to say bye to Zee in couple of years
Hong Kong |Wednesday, 2009 5:35:06 PM IST
Zee group chairman Subhash Chandra Tuesday said he will retire from business in a couple of years and let Generation Next take over and possibly expand his family's media empire and other enterprises.
» SCAD Courses Registered With Hong Kong Education Bureau
Hong Kong | November 04, 2009 5:16:29 PM IST
SCAD, the most comprehensive art and design university in the world, announces that 14 non-local courses of study have been registered by the Hong Kong Education Bureau. SCAD, the only university in Hong Kong to focus exclusively on art and design, will begin classes in Fall 2010. Applications for admission are now being accepted.
» Deloitte Global CEO Jim Quigley to visit India
New Delhi | November 04, 2009 4:16:43 PM IST
New Delhi, Nov 4 (ANI/Business Wire India): India visit preceded by Deloitte aggregate member firm revenue results underlining region's steady growth
» Debt relief for small coffee growers soon
Kolkata |Wednesday, 2009 5:05:08 PM IST
The commerce and industry ministry will soon come out with a debt relief package for small coffee growers, according to Minister of State for Commerce and Industry Jyotiraditya M. Scindia.
» Sensex recoups losses, ends 523 points up (Second Lead)
Mumbai |Wednesday, 2009 5:05:08 PM IST
A benchmark index of the Indian equities markets rallied smartly to end 523 points higher Wednesday, recouping more than the previous day's losses.
» Garment exporters worried over US firm's bankruptcy filing
New Delhi |Wednesday, 2009 5:05:08 PM IST
Indian garment exporters, already reeling under a severe demand crunch in key markets, have expressed concern over the application for bankruptcy protection filed in the US by CIT group, among the largest lenders to small and medium sized businesses.
» China lends Nepal $200mn for infrastructure
Kathmandu |Wednesday, 2009 4:35:06 PM IST
Nepal's northern neighbour China Wednesday pledged a soft loan of $200 million for infrastructure-related projects in the Himalayan republic, including a 61 MW hydropower project.
» IL&FS investment banking arm launches UK operations
London |Wednesday, 2009 4:35:06 PM IST
The investment banking arm of Infrastructure Leasing and Financial Services (IL&FS), one of India's leading infrastructure development and finance companies, has launched its British operations to tap European channels of financing.
» Bahrain holds road shows to attract Indian investment
Mumbai |Wednesday, 2009 4:35:06 PM IST
A high-level business delegation from Bahrain arrived here Tuesday on a fortnight's visit to some key Indian cities to showcase the kingdom as an ideal gateway to the trillion-dollar Gulf market.
» Farm sector growth will be below 4 percent: Ahluwalia (Lead)
New Delhi |Wednesday, 2009 4:35:06 PM IST
India's farm sector growth will be less than 4 percent this fiscal on account of floods and deficient monsoon in some parts of the country, the Planning Commission deputy chief said Wednesday.
» CEOs in Fortune 500 companies raking in 129 times their 'ideal salaries'
Washington | November 04, 2009 3:17:58 PM IST
CEOs in 35 of the top Fortune 500 companies were overpaid by about 129 times their "ideal salaries" in 2008, according to a researcher at Purdue University.
» Farm sector growth will be below 4 percent: Plan panel chief
New Delhi |Wednesday, 2009 4:05:05 PM IST
India's farm sector growth will be less than 4 percent this fiscal on account of floods and deficient monsoon in some parts of the country, the Planning Commission chief said Wednesday.
» Sensex rises 2.9 percent as buying picks up (Lead)
Mumbai |Wednesday, 2009 4:05:05 PM IST
A key Indian equity index was ruling 2.92 percent higher Wednesday afternoon as buying activity picked up, with realty, metals and IT scrips rising the most.
» Government concerned over food price rise: Pawar
New Delhi |Wednesday, 2009 4:05:05 PM IST
Expressing concern over the inflation in prices of food articles in the country, Agriculture Minister Sharad Pawar Wednesday said the government has taken several steps to control the increases in prices of essential commodities.
» Apex court judge quits Reliance gas dispute case (Lead)
New Delhi |Wednesday, 2009 3:35:06 PM IST
Justice R.V. Raveendran, a member of the three-judge Supreme Court bench hearing the dispute between companies led by the two Ambani brothers, Mukesh and Anil, over supply and pricing of natural gas, quit the case Wednesday.
» Meat traders meet Dikshit, to continue protest
New Delhi |Wednesday, 2009 3:05:07 PM IST
After meeting Delhi Chief Minister Sheila Dikshit Wednesday, meat traders here said the stir against shifting their business from the centuries old Idgah slaughterhouse to the new abattoir at Ghazipur would continue till their demands were addressed.
» Sensex up 2.22 percent
Mumbai |Wednesday, 2009 2:35:07 PM IST
Shortly after noon Wednesday, a benchmark index of the Indian equities markets was 2.22 percent higher than its previous close, with blue chip stocks like Infosys and Reliance Industries gaining significantly.
» Apex court judge quits Reliance gas dispute case
New Delhi |Wednesday, 2009 1:35:07 PM IST
Justice R.V. Raveendran, a member of the three-member Supreme Court bench that has been hearing the gas supply and pricing dispute between the two Ambani brothers, Mukesh and Anil, quit the case Wednesday.
» Jaipur IOC depot fire may abate by Wednesday evening
Jaipur |Wednesday, 2009 1:35:07 PM IST
The fire in the Indian Oil Corp (IOC) depot that has been raging since Oct 29 might finally abate by Wednesday evening, officials here said.
» Shanghai Disneyland project approved
Shanghai |Wednesday, 2009 12:05:06 PM IST
The Shanghai Disneyland project has been approved by the Chinese central government, authorities said Wednesday.
» Blue Dart Sales at Rs. 235.61 Crore
Mumbai | November 04, 2009 10:41:43 AM IST
Blue Dart Express Limited, South Asia's number one express air and integrated transportation, distribution and logistics company, today declared its financial results for the third quarter ended September 30, 2009, at its Board Meeting held in Mumbai.
» Largest, costliest cruiser nearly ready for launch
Helsinki |Wednesday, 2009 10:35:06 AM IST
A thin layer of ice covers the teak wood deck of the cruise ship the Oasis of the Seas at the moment. But the cold weather is just one of the challenges a visitor will need to overcome if they want to visit the vessel: tins of paint are everywhere and sheets of tarpaulin make walking around the ship difficult.
» AsiaInspection Barometer: Chinese fashion production is trendy again
HongKong| November 04, 2009 10:29:59 AM IST
The figures from the Quality Control industry in Asia account for a good indicator of the health of International Trade. Based on a few selected indicators, AsiaInspection publishes this barometer on a quarterly basis.
» GM confirms to keep Opel, scraps Magna deal
Washington |Wednesday, 2009 10:05:16 AM IST
General Motors' board voted Tuesday to hold on to its Opel division rather than sell a majority stake to Canada-based Magna, ending months of uncertainty and dashing the hopes of German officials.
» Johnson & Johnson to cut 8,000 jobs
New York |Wednesday, 2009 10:05:07 AM IST
US consumer goods and pharmaceutical company Johnson & Johnson said Tuesday it would cut around 8,000 jobs in a bid to trim costs in the wake of the recession. | 1 |
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