http://www.webindia123.com/ India's largest reference, news and entertainment service provider. en-us Fri, 10 Feb 2012 9:50:02 +0530 Copyright: (C) 2012 webindia123.com. All Rights Reserved. http://www.webindia123.com/123menu.jpg http://www.webindia123.com/ 144 28 Visit webindia123.com http://news.webindia123.com/news/articles/Business/20120210/1924860.htmlUS stocks edged higher Thursday amid Greeks long-awaited austerity deal and better-than-expected jobless claims.http://news.webindia123.com/news/articles/Business/20120210/1924855.htmlThe worlds largest offshore windfarm opened off the coast of Cumbria in Britain Thursday.http://news.webindia123.com/news/articles/Business/20120210/1924851.htmlUS stocks traded in a very narrow range around the breakeven line Thursday as investors felt little thrilled after Greek political leaders had agreed on austerity cuts after a dangerous deadlock.http://news.webindia123.com/news/articles/Business/20120209/1924830.htmlChina is going to increase mineral exploration and development within a decade to keep up with its rapidly growing demand, as it believes dependency on foreign sources for energy and minerals can threaten its security.http://news.webindia123.com/news/articles/Business/20120209/1924805.htmlIndia Factoring and Financial Solutions, a joint venture between Punjab National Bank (PNB) and Malta-based FIMBank, is planning to receive Rs.5 billion equity infusion from its promoters by March 2014.http://news.webindia123.com/news/articles/Business/20120209/1924793.htmlIndias biggest steel maker Tata Steel Thursday reported a consolidated net loss of Rs 6.03 billion for the quarter ended December 2011, against a net profit of Rs.10 billion in the same period a year ago.http://news.webindia123.com/news/articles/Business/20120209/1924768.htmlA local court Thursday adjourned the case of the Indian space agencys commercial arm, Antrix Corporation, seeking injunction against Devas Multimedia Services Ltd. proceeding in the International Court of Arbitration over its annulled S-band spectrum deal.http://news.webindia123.com/news/articles/Business/20120209/1924766.htmlAs part of the cross Line of Control (LoC) initiatives between two parts of Kashmir, a Srinagar-based businessman was Thursday elected to head a business interests body representing both sides.http://news.webindia123.com/news/articles/Business/20120209/1924756.htmlThe United Progressive Alliance (UPA) government has increased the minimum amount payable to the Scheduled Caste and Scheduled Tribe victims of atrocities by 150 percent, it was announced Thursday.http://news.webindia123.com/news/articles/Business/20120209/1924717.htmlThe Supreme Court Thursday said it will hear Feb 17 Essar Technologies Ltds plea that the cheating case against the company in the 2G scam be heard by a magistrate and not the Special CBI court judge dealing with other corruption matters related to the scam.http://news.webindia123.com/news/articles/Business/20120209/1924690.htmlBritain-based telecom firm Vodafone Group Thursday reported a 6.3 percent rise in its India revenue at 1.02 billion pounds ($1.62 billion) for the quarter ended Dec 31 owing to the increase in the customer base.http://news.webindia123.com/news/articles/Business/20120209/1924643.htmlPrime Minister Manmohan Singh Thursday asked central government ministries and departments and state governments to give top priority to Rs.1 lakh crore dedicated freight corridor project that will substantially reduce infrastructure bottlenecks.http://news.webindia123.com/news/articles/Business/20120209/1924640.htmlMaruti Suzuki Thursday said it has evolved to meet the demands of a changing India and crossed the 10 million cumulative domestic sales mark.http://news.webindia123.com/news/articles/Business/20120209/1924637.htmlAbu Dhabi-based telecom firm Etisalat Thursday wrote off its investments worth $827 million in the mobile company Etisalat DB and said the company is evaluating its strategic options in India.http://news.webindia123.com/news/articles/Business/20120209/1924636.htmlPrime Minister Manmohan Singh is likely to hold a meeting with his key ministers in the next few days to discuss the Supreme Court order cancelling 122 2G (second generation) spectrum licences, official sources said Thursday.http://news.webindia123.com/news/articles/Business/20120209/1924634.htmlThe United Progressive Alliance (UPA) government Thursday said it will address the concerns expressed by the states over the proposed National Food Security Bill.http://news.webindia123.com/news/articles/Business/20120209/1924633.htmlThe West Bengal government Thursday refuted the Congress claim that it was understating central assistance, and said it did not receive a penny more than what it constitutionally deserved.http://news.webindia123.com/news/articles/Business/20120209/1924593.htmlThe Energy and Resources Institute (TERI) will open its centre in Himachal Pradesh to help the state adopt measures on climate change, Chief Minister Prem Kumar Dhumal said here Thursday.http://news.webindia123.com/news/articles/Business/20120209/1924576.htmlBilateral trade between India and Pakistan can reach $10 billion by 2015, from $2.7 billion registered in 2010-11, if tariff and non-tariff barriers are removed, the Confederation of Indian Industry (CII) said Thursday.http://news.webindia123.com/news/articles/Business/20120209/1924573.htmlA human rights group in Assam has written to Prime Minister Manmohan Singh and union Labour and Employment Minister Mallikarjun Kharge for a probe into the alleged starvation deaths of 11 people in a tea estate in Cachar district.http://news.webindia123.com/news/articles/Business/20120209/1924535.htmlThe 27-nation European Unions trade in goods with India has risen by 20 percent. It had reached a peak in 2010 after a decline recorded in 2009 that interrupted a period of growth since 2001, EuAsiaNews has reported.http://news.webindia123.com/news/articles/Business/20120209/1924533.htmlThe Indian aviation watchdog Thursday said it will carry out surprise checks and enforce stricter norms to stop pilots and cabin crew getting tipsy while at work.http://news.webindia123.com/news/articles/Business/20120209/1924518.htmlA late rally helped a benchmark index of Indian equities markets close 123 points up Thursday, with metals and realty stocks gaining the most. Support also came in from overseas investors, who have already poured in over $1.6 billion during the month.http://news.webindia123.com/news/articles/Business/20120209/1924516.htmlAn acute shortage of trained manpower in general (business) aviation is affecting flight safety in the fast growing sector, the industry regulator said Thursday.http://news.webindia123.com/news/articles/Business/20120209/1924513.htmlHindalco Industries Ltd Thursday posted a decline of 2 percent in net profit at Rs.450.7 crore for the quarter ended Dec 31 against Rs.460.34 crore during the same period of the previous financial year.http://news.webindia123.com/news/articles/Business/20120209/1924511.htmlRupert Murdochs News Corporation has said the phone hacking scandal at News International has cost the group nearly 200 million dollars till date.http://news.webindia123.com/news/articles/Business/20120209/1924447.htmlIndias exports grew by 10.1 percent to $25.4 billion in January, while imports surged 20.3 percent to $40.1 billion, leaving a trade deficit of $14.7 billion, Commerce Secretary Rahul Khullar said here Thursday.http://news.webindia123.com/news/articles/Business/20120209/1924408.htmlThe National Centre for Cold Chain Development (NCCD), tasked with establishing infrastructure and logistics to preserve fruits, vegetables and other perishables, will be notified as a registered society.http://news.webindia123.com/news/articles/Business/20120209/1924407.htmlA benchmark index of Indian equities markets Thursday shot up in the last hour of trade, after languishing in the red for most of the day, and provisionally closed 160 points higher.http://news.webindia123.com/news/articles/Business/20120209/1924382.htmlThe Supreme Court will hear Feb 17 Essar Technologies Ltds plea that its case in the 2G scam be heard by a magistrate and not a special CBI court.http://news.webindia123.com/news/articles/Business/20120209/1924349.htmlThe cabinet Thursday approved the status of a registered society for the National Centre for Cold Chain Development (NCCD), which provides cold storage facilities to perishables.http://news.webindia123.com/news/articles/Business/20120209/1924348.htmlThe tourism and hospitality sectors in Himachal Pradesh is likely to get a boost after fresh snowfall enveloped the statess Manali region this week.http://news.webindia123.com/news/articles/Business/20120209/1924337.htmlEven as the vexed issue of foreign direct investment (FDI) in India defence sector hangs fire, the cabinet Thursday approved guidelines to facilitate the formation and regulation of joint ventures (JVs) between the private sector and the defence public sector undertakings (DPSUs).http://news.webindia123.com/news/articles/Business/20120209/1924283.htmlIn order to cut the loss of fruits, vegetables and flowers during stoage, the cabinet Thursday approved the setting up of a National Centre for Cold Chain Development (NCCD).http://news.webindia123.com/news/articles/Business/20120209/1924247.htmlMineral rich Odisha and Jharkhand have decided to take joint measures to prevent cross-border transport of iron ore mined illegally, an official said Thursday.http://news.webindia123.com/news/articles/Business/20120209/1924243.htmlA Chinese tech company has said that it owns the rights to the iPad trademark and sued Apple for 1.6 billion dollars.http://news.webindia123.com/news/articles/Business/20120209/1924227.htmlBenchmark indices at Indian equities markets were Thursday ruling dull a little before noon, but buying continued in mid-to-smaller sized scrips.http://news.webindia123.com/news/articles/Business/20120209/1924200.htmlAfter testing the waters, the Satluj Jal Vidyut Nigam Ltd (SJVNL) which owns and operates Indias largest hydropower project in Himachal Pradesh has now decided to venture into wind energy.http://news.webindia123.com/news/articles/Business/20120209/1924184.htmlIndustries in Jammu and Kashmir are showing signs of decline despite the incentives and concessions provided by the central government since 2002.http://news.webindia123.com/news/articles/Business/20120209/1924177.htmlSearch giant Google has announced that it will start paying some users in exchange for their search history as part of the companys new project called Screenwise.http://news.webindia123.com/news/articles/Business/20120209/1924175.htmlOne of the worlds largest mobile phone makers, Nokia, is planning to cut 4000 factory jobs in Europe as it shifts the assembly of smartphones to Asia.http://news.webindia123.com/news/articles/Business/20120209/1924161.htmlThe humble tea is set to turn a bit pricey. A supply shortage, hike in the wages of tea garden workers and soaring input costs are about to make the favourite beverage of millions of Indians cost more, say industry sources.http://news.webindia123.com/news/articles/Business/20120209/1924151.htmlUS stocks edged higher Wednesday as investors were still hoping the debt talks in Greece will be resolved, Xinhua reported.http://news.webindia123.com/news/articles/Business/20120209/1924150.htmlThe US stocks slipped in midday trading Wednesday as investors concerns mounted amid prolonged debt talks in Greece.http://news.webindia123.com/news/articles/Business/20120209/1924149.htmlChina will stockpile one million tonnes of sugar in an effort to stabilize prices and protect farmers interests, the government said Wednesday.