Businessworld
In The News
IN THE NEWS
Aviation: An Uncertain Takeoff (17 Oct 2008) Jet and Kingfisher have only themselves to blame for the mess... Corporate: Acquiring Difficulties (17 Oct 2008) Companies find capital is getting harder to come by or raise Oil: Sharing The Burden (17 Oct 2008) Why lower oil prices will benefit the government more than the industry Energy: Balancing Act (17 Oct 2008) Biofuel policy needs to be balanced with food security, says a new FAO report Global News (17 Oct 2008) Canada’s elections, held on 14 October, have produced a minority government. Prime Minister Stephen Harper’s... Entertainment: Bollywood's Emi (17 Oct 2008) Bollywood often flags off signs of the times. The latest is a film named EMI scheduled for a Diwali release. Produced by Balaji... Telecom: Hard Facts (17 Oct 2008) Trai's efforts at curtailing unwanted callers have not been successful Nobel Prize: Krugman's Moment (17 Oct 2008) Paul Krugman, professor of economics at Princeton and a New York Times columnist, has won... Power: A Question Of Quality (17 Oct 2008) The government is bringing back what it abolished a decade ago. Power utilities... Pharmaceuticals: The Saga Of A Deal (17 Oct 2008) Daiichi Sankyo is taking a major write-off on the Ranbaxy deal Love For Family Or Political Pressure? (17 Oct 2008) Jet Airways Chairman Naresh Goyal said reinstating the sacked staff was a personal decision. But Aviation Minister Praful Patel and MNS Chief Raj Thackeray think otherwise. West Urges Financial Overhaul Asia Fears Slowdown (17 Oct 2008) Asian policymakers held emergency talks on Friday before a meeting between US and French presidents that they said could help launch a "refoundation of capitalism". Tata Asks Bengal: Jobs Or Lawlessness? (17 Oct 2008) http://www.businessworld.in
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In an open letter, Ratan Tata has warned West Bengal of the consequences of letting history repeat itself. Jet Reinstates Sacked Employees (16 Oct 2008) An emotionally charged Jet Airways Chairman Naresh Goyal announced on Thursday night the reinstatement of the workers and said "they are my family and can join work from tomorrow". Market Strains Ease, RBI To Wait & See (16 Oct 2008) The Reserve Bank said it was too early to say if more steps were needed to ease cash conditions. "We will continue to monitor. As of now everything is under control", RBI said. Europe Set For Revamp (16 Oct 2008) Europe has won backing from the US, Russia and Japan for a summit on urgent reforms to the world financial order. Singapore Men Put Love On Hold On Financial Worry (16 Oct 2008) "No money no honey" seems to be ringing true for Singapore's bridal agencies, which are seeing slowing business as the financial crisis and a looming recession... Inflation At 11.44% On 4 Oct (16 Oct 2008) India's wholesale price index rose 11.44 per cent in the 12 months to Oct. 4, below the previous week's annual rise... Swiss Banks Get Emergency Funds To Fight Crisis (16 Oct 2008) Switzerland's two largest banks will receive billions of francs of emergency funding from the country's government and other investors to shore them up Air India To Follow Suit? (16 Oct 2008) Facing the heat of the financial crisis that has hit the aviation sector, state-owned Air India today said it is considering a plan to give 3-5 years leave without pay to about 15,000 of its staff. Europe Set For Finance Revamp (16 Oct 2008) Europe has won backing from the US, Russia and Japan for a summit on urgent reforms to the world financial order. Govt Combats Global Crisis (15 Oct 2008) The finance minister has announced more steps to inject cash into the system and strengthen the banking sector, while doubling FIIs investment limit in the corporate bond market. In Pics: The Aviation Story (15 Oct 2008) Reeling under immense losses, India's airline industry is seeking a Rs 4,500 crore bailout package from the government to tide over... Recession Fears In Focus (15 Oct 2008) European leaders will press for an overhaul of the world's financial structures after Asia joined western bastions of capitalism in bailing out banks to avert a financial meltdown. No Merger Plans, Say Mallya & Goyal (15 Oct 2008) Amid speculation that there could be a merger between Jet Airways and Kingfisher Airlines, promoters Vijay Mallya and Naresh Goyal said that there are no plans for equity sharing. Time To Listen To Us, Say India & Co (15 Oct 2008) India, Brazil and South Africa are feeling the pinch of a crisis that many blame on the greed of wealthier Western nations. Banks Baulk At Bailout Bid (15 Oct 2008) http://www.businessworld.in
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Response to repo auction lukewarm Growing But Hungry (15 Oct 2008) India has worse hunger levels than Sudan, Nigeria or Cameroon, and economic growth in some Indian states... RBI Injects Rs 20k Crore (14 Oct 2008) The FM hopes that the buoyancy displayed by global markets will influence the mood here, even as RBI announced steps to inject more liquidity in the mutual fund industry. Corporate Raid On ICICI Bank Just Not Possible: Montek (14 Oct 2008) Ruling out the possibility of a corporate raid on ICICI Bank through hammering down of its share price, Planning Commission Deputy Chairman... Merrill Braves Crisis With $2.6 Bn Asia Property Fund (14 Oct 2008) Merrill Lynch has raised a $2.65 billion fund to invest in Asian real estate, tapping global investors despite... Petrol, Diesel Prices To Be Cut If Crude Fall To $61 A Bbl (14 oct 2008) India's crude oil import price has dropped to the year's lowest but a cut in petrol and diesel price may happen only if crude... US To Inject $250 Billion Into Banks (14 Oct 2008) The US plans to inject $250 bn in banks in a new bid to calm rattled markets with about half going to top nine institutions. Similar plans in Europe helped restore some confidence. Nobel Winner Says Recession Likely (14 Oct 2008) The world is likely headed for a deep recession despite the European-led plan to bail out banks, Paul Krugman aid. FM Speak Pushes Sensex Up (13 Oct 2008) Stock markets on Monday opened on a strong note, never looked back in the day and at close the Sensex was up by an impressive 780 points, regaining the 11,000 level. What India's Policy Makers Could Do Next (13 Oct 2008) Finance Minister Palaniappan Chidambaram said on Monday policy makers were working on more measures to infuse liquidity into the financial system and he... Banks Take Money Out Of Mutual Funds (13 Oct 2008) As the global financial turmoil aggravates, stock markets flounder and their cash crunch intensifies, banks are presssing the redemption button on their MF investments. World Grapples With Crisis (13 Oct 2008) The world's rich nations have vowed to take all necessary steps to unfreeze credit markets and ensure banks can raise money but they offered no collective course of action. Grappling With Succession Battles (13 Oct 2008) Family-run business empires have held sway in India, but bitter succession battles are turning off foreign investors. Deposits In Banks Safe; No Reason For Anxiety: RBI (11 Oct 2008) Assuring depositors that their money was safe in banks, Reserve Bank of India Governor D. Subbarao on Saturday said the central bank was geared... Crisis Corrodes Confidence (11 Oct 2008) http://www.businessworld.in
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ICICI Bank on Friday came out with its third statement in as many weeks to soothe the... Shiver Down Spine (11 Oct 2008) Gloom spreads from trading floor to factories; RBI steps in India's Economy, Banking System Sound: Subbarao (11 Oct 2008) The Indian economy and banking system are sound, the Reserve Bank of India (RBI) chief assured the world financial... G7 Vows To Fight Credit Crunch But Details Sketchy (11 Oct 2008) The world's rich nations vowed on Friday to take all necessary steps to unfreeze credit markets and ensure banks can raise... Fear Gauge Hits Record Highs (11 Oct 2008) An index regarded as Wall Street's fear gauge notched record highs again on Friday, reflecting unprecedented investor... US Firms Up Plan To Buy Into Banks To Stem Crisis (11 Oct 2008) The US government pushed on Saturday to finish a plan to buy direct stakes in American banks as finance ministers from... Biggest Weekly Fall (10 Oct 2008) The BSE Sensex tumbled 7 per cent on Friday and posted their biggest weekly fall in nearly 18 years as panicky investors joined a global selloff on recession worries. Global Crisis Claims Japan Insurer, Markets Panic (10 Oct 2008) The global credit crisis claimed its first Japanese financial institution on Friday and the government looked to prop Uncertain Times (10 Oct 2008) There is blood on the streets as stocks continue to plummet in practically every market around the world, from Japan to Europe... Govt Swings Into Action (10 Oct 2008) As the stock market crashed under the pressure of global meltdown and RBI cut the CRR by 1%, the govt promised to address liquidity and other concerns of the economy. RBI Cuts Reserve Ratio, Scraps Bond As Markets Tank (10 Oct 2008) The Reserve Bank of India (RBI) slashed its cash reserve requirement on Friday to free up some $12 billion in funds... Industrial Growth Dips To 1.3% (10 Oct 2008) India on Friday reported a sharp drop in industrial growth to 1.3 per cent in August from a high of 10.9 a year ago. All Eyes On G7 As Fearful Investors Take Flight (10 Oct 2008) The world's economic powers faced huge pressure on Friday to... Inflation Dips To 11.80 Per Cent (10 Oct 2008) In the midst of an onslaught of bad news, the government on Friday received some good news as inflation fell... Current Affairs: Violent Motives (10 Oct 2008) Shrewd politics is behind the gruesome violence in Orissa Economy: Market Value (10 Oct 2008) http://www.businessworld.in
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The bailout legislation allows SEC to suspend mark-to-market Global News (10 Oct 2008) The new Pakistani President, Asif Ali Zardari — who many observers have thought to be... Carbon Trading: Demand And Supply (10 Oct 2008) Demand for certified emissions reductions (CER) is growing. This is evident in the demand-supply gap in the first online auction of CERs conducted by CantorCO2e, a US-based environmental and energy consultancy. Pharmaceuticals: New Model (10 Oct 2008) MNCs are now using joint ventures to outsource their work to India Eye On Europe: Merkel's Panacea (10 Oct 2008) Even as the massive us bailout package did little to calm investor nerves, German Chancellor... Media: Better Late Than... (10 Oct 2008) The setting up of the News Broadcasting Standards (Disputes Redressal) Authority is good news for channels that have... Pharmaceuticals: Bound By The Norms (10 Oct 2008) Are the Singhs set to seal the Daiichi deal at a lower price? Real Estate: Too Good To Be True (10 Oct 2008) Why a real estate firm is offering 30 per cent return on investment Stockmarkets: Holding The Line (10 Oct 2008) Despite pressure, Sebi has not banned short selling Banking: Greasing The Wheels (10 Oct 2008) The CRR cut is just an ad hoc measure, nothing more World At New War (09 Oct 2008) Central banks around the world cut interest rates in unison on Wednesday evening in the first such collective response to the global financial crisis. Financial Storm Tips World Toward Recession: IMF (09 Oct 2008) The International Monetary Fund, in its bleakest forecast in years, said on Wednesday the world economy... Tata Opts For Good 'M' (08 Oct 2008) Moving from a “bad M to a good M”, Ratan Tata dealt a knockout punch to the tottering image of Brand Bengal by deciding to relocate the Nano plant in Modi-ruled Gujarat. What Modi Has Shown (08 Oct 2008) The Tatas’ abandonment of Singur inspired much reflection on the sins of Bengal and Bengalis; their flight to Gujarat should inspire similar thoughts... Global Markets In The Red (08 Oct 2008) The sharp market moves came despite efforts by various authorities to inject money into the battered financial system. BlackRock, Big Funds Seen Winning U.S. Bailout Job (08 Oct 2008) http://www.businessworld.in
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Large U.S. asset managers with strong fixed-income records, such as BlackRock Inc, PIMCO and Trust Company of the West, are seen... Tatas To Ink MoU With Gujarat Govt Today (07 Oct 2008) An agreement will be signed between Tata Motors and Gujarat Government this evening for setting up of the...
Australia Rate Cut Stuns, Markets Thirst For More (07 Oct 2008) Australia stunned markets with its steepest interest cut in 16 years on Tuesday and investors expected that other central banks would follow suit in...
BlackRock, Big Funds Seen Winning U.S. Bailout Job (07 Oct 2008) Large US asset managers with strong fixed-income records, such as BlackRock Inc, PIMCO and Trust Company of the West...
Sensex Back In The Red (07 Oct 2008) After rising by over 379 points in early trade, the Sensex fell back to quote in the negative territory with a fall of 70 points.
Taxpayers' Singur Bill: 300Cr (07 Oct 2008) The price of Trinamool Leader Mamata Banerjee's agitation isn't just future jobs for Bengal's youth but also Rs 300 crore out of their taxpayer parents' pockets.
Banks Get More Cash In Hand (07 Oct 2008) The Reserve Bank has surprised the financial markets by slashing the cash reserve ratio by half a percentage point to 8.5%. The CRR cut was undertaken to improve cash flows
Historic Blunder Two (06 Oct 2008) Loss of a project that could have reversed exodus of 60s
Europe's Summit No Cure For Bank Crisis (06 Oct 2008) Pledges made by European leaders to tackle the global financial crisis at their Paris summit on Saturday are insufficient to stop the rot banks are fighting hour... Stocks Tumble, Yen Surges As Crisis Escalates (06 Oct 2008) World stocks dived to three-year lows on Monday as investors fled to government bonds and the low-yielding yen, fearing efforts by policymakers Sensex Dips To Two-Year Low; Crashes By 725 Pts (06 Oct 2008) The exodus of foreign funds sent the country's stock market crashing down by 725 points, even as the global financial crisis continued to eat away confidence in the markets. BNP Paribas Scoops Up Fortis Assets In Credit Crunch (06 Oct 2008) BNP Paribas agreed to scoop up assets in Belgium and Luxembourg of banking and insurance group Fortis for $20.1 billion to become the euro zone's biggest deposit bank. http://www.businessworld.in
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Fed Moves To Broker Deal For Wachovia (06 Oct 2008) The US Federal Reserve is brokering discussions between Wells Fargo & Co and Citigroup Inc over which of the banks will buy Wachovia Corp's assets, people familiar with the matter said. Bullet Into Bengal's Soul (04 Oct 2008) While the Tata pullout may or may not have disastrous consequences for future investments, Singur could have a crippling impact on Bengal’s collective consciousness. Financial Crisis Weighs On Executives' Minds (04 Oct 2008) The most serious financial crisis in decades has caused business executives and government officials around the world to rein in... US Crisis: Focus Shifts To Fallout (04 Oct 2008) Markets pivoted on passage of the US bailout, as investors' attention turned to signs of a gathering recession. MS Reviews Hiring Plans (03 Oct 2008) Microsoft Corporation has said it is reviewing its hiring plans in light of tough economic conditions, but denied reports it had instituted a company-wide hiring freeze. US House Leaders Optimistic For Bailout Bill (03 Oct 2008) US House Democratic leaders expressed optimism on Thursday that a revised $700 billion financial industry rescue bill passed by the... Crisis Spreads; Bailout Focus On US House (03 Oct 2008) Shockwaves from the global credit crisis spread on Thursday, rattling industries around the world and raising the stakes for the US... Security On CM Plate For Tata (03 Oct 2008) Buddhadeb Bhattacharjee will request Ratan Tata to restart work at Singur under police protection Health: A New Beginning (03 Oct 2008) The Supreme Court ruling on smoke ban has vindicated the official stand Economy: Japan's Woes (03 Oct 2008) The world's second- largest economy is facing a slowdown Global News (03 Oct 2008) Controversial win: Supporters of Alexander Lukashenko, the president of Belarus, have won every... Telecom: A question of pricing (03 Oct 2008) Is the line between a mobile phone and a laptop finally blurring? Handset manufacturers... Environment: It Is Smokin' (03 Oct 2008) Human-induced emissions are on the rise, says a new study Infrastructure: Room For Concern (03 Oct 2008) Most Indian ceos think infrastructure investments are on track but land acquisition is the most important.... Entertainment: Designs on India (03 Oct 2008) Walt Disney company has set its eyes on India. Its first animation film for the Indian... http://www.businessworld.in
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Information Technology: Scandinavia Comes Calling (03 Oct 2008) Scandinavia is looking up to India to strengthen its tech workforce Finance: Tapering Liquidity (03 Oct 2008) RBI has sold dollars, which has squeezed liquidity Defence: A Battle Of Nerves (03 Oct 2008) Defence pay hike protests have ruffled feathers Telecom: Google's New Avatar (03 Oct 2008) G1 marks Google's entry in the competitive cell phone market Axon Dumps Infy Bid For HCL Tech Offer (03 Oct 2008) British consultancy major Axon Group on Thursday decided to go ahead with a £441-million acquisition offer from HCL Technologies, while... UBS Cuts 2,000 Investment Banking Job (02 Oct 2008) The news comes a day after Switzerland's largest bank said it turned a small profit in the third quarter after a year of losses, signalling it had started to turn the corner. GE To Raise $15 Bn, Buffett Gets Preferred Stake (02 Oct 2008) General Electric Co plans to raise $15 billion through stock sales -- including $3 billion from Warren Buffett... US Senate Approves Indo-US Nuclear Deal (01 Oct 2008) The United States Senate today overwhelmingly approved a legislation on the landmark Indo-US nuclear deal, paving the way for its operationalisation... Nuclear Chronology (01 Oct 2008) Following is the chronology of some key developments related to the landmark Indo-US nuclear deal: 1968: India refuses to sign the Nuclear Nonproliferation Treaty (NPT) on the grounds that it is discriminatory. Bush Approves $25 bn Loan Package For Auto Makers (01 Oct 2008) President George W. Bush on Tuesday signed into law a mammoth spending bill to keep the government running until early March 2009 that includes a $25-billion loan package for troubled automakers. US Senate Set To Vote On Indo-US N-deal (01 Oct 2008) The US Senate is all set to take up the vote on the Indo-US Civil Nuclear agreement on Wednesday with possible amendments to the landmark accord, Majority leader of the Upper House has said. Rice Hopeful Of Senate Nod To N-Deal (01 Oct 2008) US Secretary of State Condoleezza Rice on Tuesday appreciated efforts of key lawmakers on the Indo-US civil nuclear deal... Big Pharma Cuts Costs (01 Oct 2008) Faced with sickly investment returns, the world's top drugmakers are taking the knife to research and... Asian Investors Jittery After US Bailout Rejected (30 Sep 2008) Retail investors from Tokyo to Melbourne kept nervous vigil over their investments and some dumped shares on Tuesday... http://www.businessworld.in
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India Assuages Fears (30 Sep 2008) As fears of the US financial meltdown spread across the globe, Finance Minister P. Chidambaram and the stock market regulator Sebi... Microsoft Apprehensive (30 Sep 2008) Microsoft Chief Steve Ballmer expects the global financial crisis to sap both consumer and business spending. India, France Ink Civil Nuclear Cooperation Pact (30 Sep 2008) Scripting a new era in bilateral ties, India and France on Tuesday signed a landmark agreement on civil nuclear cooperation that covers supply of reactors... US Bailout Rejected; Fear Seizes Markets (30 Sep 2008) US lawmakers have rejected a $700-billion bailout plan for the financial industry in a shock vote that sent global markets sliding. The House of Representatives voted 228-to-205. Citi Buys Wachovia Banking In Flurry Of Deals (30 Sep 2008) Citigroup Inc set a deal to buy regional powerhouse Wachovia Corp's banking operations, one of several US tie-ups triggered by the deepening financial crisis on Monday. ICICI Bank Say Capital Position Very Strong (30 Sep 2008) ICICI Bank, India's second biggest bank, said on Tuesday that rumours being repeatedly... Governments Rescue Fortis But Bank Woes Spread (29 Sep 2008) Three governments nationalised banking and insurance group Fortis in a bid to avert US-style financial contagion, but... "Perfect Storm" Could Hit Aviation, If Steps Not Taken: IATA (29 Sep 2008) Warning that some Indian airlines could fold up if structural changes were not carried out immediately, the IATA... ICICI Shares Drop 14% As Banks Mauled (29 Sep 2008) Shares in ICICI Bank, India's second-biggest bank, fell nearly 14 per cent to a two-year low on Monday, hurt by foreign fund... 4-Bank Rescues Spread; Shares Fall Ahead Of Vote (29 Sep 2008) Europe's biggest bank rescue of the global financial crisis took shape on Monday ahead of a US lawmaker vote on a $700... Tata Expresses Willingness To Talk On Singur (27 Sep 2008) Amid uncertainty over the Tata Motors small car project at Singur, West Bengal Chief Minister Buddhadeb... Investors Wonder If $700 Bln Is Right Number (27 Sep 2008) As the US Congress works to reach a deal on the proposed $700 billion rescue for the U.S. financial system, investors... Asia's Banks May Be Less Pristine Than Assumed (26 Sep 2008) For weeks, many in the region took perverse pleasure in the financial carnage that ripped apart US financial markets and forced a string of bankruptcies and bailouts, secure in the belief that Asia's relatively closed markets were safe. Buddha's Plea To Tata (26 Sep 2008) West Bengal Chief Minister Buddhadeb Bhattacharjee on Friday requested Tata Group Chairman Ratan Tata to restart work at the Nano plant in Singur and assured him of all help.
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US Bailout Chaos & Wamu Closure Chill Markets (26 Sep 2008) A fresh split over a $700 billion US rescue for financial firms and the biggest US bank closure in history chilled markets, on doubts any deal would be reached before the weekend. Land Acquisition: Acres Of Trouble (26 Sep 2008) Stalling of the Nano and Ambani SEZ spells trouble for India Inc. Media: Making Headlines (26 Sep 2008) Exciting times await India's struggling magazine industry Aviation: Falling Air Pressure (26 Sep 2008) After hiking fares, airlines are cutting jobs to trim costs Labour Relations: The Wake-up Call (26 Sep 2008) Why multi-national companies are reluctant to invest in Uttar Pradesh Pharmaceuticals: Entry Denied (26 Sep 2008) Why the Indian government is lobbying with the US for Ranbaxy Global News (26 Sep 2008) Taro Aso, who was chosen as the leader of Japan’s ruling Liberal Democratic Party earlier this week... Foreign Investment: Showing The Way (26 Sep 2008) Foreign Direct Investment (FDI) into India will slow down, says the World Investment Report 2008 released by United Nations Conference... Education: Free For All (26 Sep 2008) Is Rajasthan government's 'free education' scheme a good idea? Global News: African Impasse (26 Sep 2008) South Africa is in political chaos after 11 Cabinet ministers resigned on 23 September in... Home Loans: Good Times Ahead (26 Sep 2008) Home loan rates may well be on their way down. If the political grapevine is to be... Entertainment: Realising Big Dreams (26 Sep 2008) In one of the biggest deals involving an Indian media firm, Hollywood producer Steven... West Bengal Loses Hope On Nano (25 Sep 2008) The Tatas were not keen to implement the Nano project in Singur, West Bengal Industry Minister Nirupam Sen told the state cabinet who sought to know the status of the project. US Bailout Deal Near As Bush To Meet Lawmakers (25 Sep 2008) Congress looked close to reaching a deal to approve a $700 billion plan to bail out the U.S. financial... India-Focused VCs Reload (25 Sep 2008) China has certainly been the belle of the ball among venture capitalists. Investors have already put nearly $2.6 billion to work in China... Tatas Not Keen To Implement Nano Project In Singur (25 Sep 2008) http://www.businessworld.in
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The Tatas were not keen to implement the Nano project in Singur, West Bengal Industry Minister Nirupam Sen told the state cabinet on Thursday. Sen said this when some cabinet ministers sought to know about the status of the Tatas project in Singur. Mutual Funds Look To Stay Away From Volatile Stocks (25 Sep 2008) Indian fund managers find stock valuations comfortable but majority of them are unlikely to raise equity exposure in the next three months as they look for safety in cash in a volatile market, a Reuters poll shows.
India-Focused VCs Reload (25 Sep 2008) China has certainly been the belle of the ball among venture capitalists. Investors have already put nearly $2.6 billion to work in China year-to-date. That’s 50 per cent more than what VCs invested during the first eight months of 2007, according to Thomson Reuters. Tata Shift Signal To Vendors (25 Sep 2008) Tata Motors has formally asked some vendors to "shift" from Singur, sources said. At least two of the 55 vendors have received the communication from the Tatas. Goldman, Morgan Presage Tough Markets (25 Sep 2008) Two cos -- Goldman Sach and Morgan Stanley -- who said they had plenty of capital and the right business model are now raising piles of cash and changing the way they do business. Google Phone Wins Cheers, Requests For Better (25 Sep 2008) Nice try with the new phone. Better luck next time. That's what some are saying about Google's foray into cell phones. AIG Signs "Definitive" $85-Bln Deal With US Fed (24 Sep 2008) American International Group Inc said late on Tuesday it signed... Buffett Move Helps Mood As Focus On Bailout (24 Sep 2008) Stocks rose in Asia and Europe on Wednesday after Warren Buffett's investment in Goldman Sachs... Raigad SEZ Referendum Not Genuine: Reliance (24 Sep 2008) Reliance Industries has said the outcome of the Maharashtra government referendum on Mukesh Ambani-promoted Raigad Special Economic Zone... Goldman Gets Buffet Boost (24 Sep 2008) Warren Buffett's $5 billion investment in Goldman Sachs brought good news to a worried global market. What Happens To The Younger Son? Ask Anil (24 Sep 2008) Anil Ambani, who has been involved in a battle with brother Mukesh that led to the split of the Reliance empire in 2006, clearly wasn’t expecting the question from a shareholder. Anil Ambani Chides Oil Ministry (23 Sep 2008) Claiming that the govt would lose over Rs 40,000 cr due to Mukesh Ambani-led RIL's oil venture, Anil Ambani has questioned the Oil Ministry's latest intervention in the court. Bond Holders To Lose $110 Bn (23 Sep 2008) Lehman bond holders may lose $110 bn on account of decline in the asset-value, media reports said on Tuesday. Stocks Pressured As Market Awaits Paulson (23 Sep 2008) http://www.businessworld.in
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Global stocks fell on Tuesday and the dollar struggled, weighed down by investor worries about political resistance to Washington's... Tatas Begin Exit From Nano Site (23 Sep 2008) Tata Motors has started moving equipment from its factory in West Bengal, reports said on Wednesday, as the company scrambles to launch the ultra-cheap Nano car as planned. Lehman Bond Holders May Lose $100 Bn (23 Sep 2008) Bondholders of the beleaguered Lehman Brothers may lose $110 billion on account of decline in the asset-value of the fourth-largest investment bank in the US, media reports say. US Bailout Debate Mulls Making Wall St Pay (23 Sep 2008) The planned $700-billion bailout to shore up the battered US financial system looked set to drag into next week as Washington lawmakers haggled over how exactly they could make Wall Street pay for its rescue. Pyramid Saimira Cuts Expansion, Shuts Screens (23 Sep 2008) Pyramid Saimira Theatre has cut down on its expansion plans and has shut some screens as inflation hit entertainment spending, a top official said on Monday. Google's Mobile Foray: Experience Counts (23 Sep 2008) Nokia is well prepared for Google's high-profile foray into the mobile phone business thanks to years of development experience and millions of phones on the market, a senior Nokia official told Reuters. Govt To Shore Up Funds On Cards (22 Sep 2008) The government on Monday said it is considering steps such as allowing the industry greater access to foreign funds as part of efforts... The $700 Billion Question: Can Bailout Fix Economy? (22 Sep 2008) The best test of whether the government's $700 billion check will be enough to save the US economy is how much of that money flows... India 3G: No Easy Path For Foreign Telecoms (22 Sep 2008) Foreign telecom firms could gain access to India's booming mobile market through a global auction of 3G licences... Reliance Flags Off KG Drill With Oil (22 Sep 2008) RIL announced on Sunday that it had started pumping crude oil in a small way from its Dhirubhai-6 field in the KG basin but had decided to delay gas production at least till January Goldman, M Stanley Transform Into Fed-Regulated Banks (22 Sep 2008) The move enables them to take deposits, gain easier access to financing and gives them more flexibility to buy retail banks. Credit Cards: If It’s Plastic, You Spend (22 Sep 2008) People spend less when paying in cash than if they use credit cards, studies confirm. T.V. Jayan reports Huge Price Of Street Politics (20 Sep 2008) Nobel laureate Amartya Sen assesses the Singur situation and warns of the consequences if the “attraction of street activism” persists and the Tatas pull out. Extraordinary Rescue Effort Spurs Wall Street Rally (20 Sep 2008) Sweeping government measures to rescue the financial system and restore confidence in shaky markets spurred a huge relief rally in... http://www.businessworld.in
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US Launches All-Out Attack On Credit Crisis (20 Sep 2008) The United States surged into action on Friday to launch an all-out attack against the worst financial crisis since the Great... The Great Depression of 2008? Not quite (20 Sep 2008) There's something about hundreds of billions of dollars vanishing overnight that begs a comparison to the 1929 market crash... Masters Of The Universe Get Lesson In Humility (20 Sep 2008) Have the Masters of the Universe lost their super powers? When novelist Tom Wolfe used the term to describe... Economy: The Ripple Effects (19 Sep 2008) Most Asian markets are set for a slowdown, says a new ADB report Sports: Serious Game (19 Sep 2008) Anil Ambani will be exposed to the vagaries of owning a sports team Global News (19 Sep 2008) Peace, at last: Zimbabwe’s President Robert Mugabe has finally relented and signed... Stockmarkets: Action Speaks Louder... (19 Sep 2008) Actions of securities and exchange Board of India have suddenly assumed significance... Radio: Sound Bites (19 Sep 2008) True, the new FM radio policy is good. But it could have been better Ecology: 'Floating' Ideas (19 Sep 2008) Google is considering moving some of its super computers to a fleet of boats... Health: All Smoke, No Fire (19 Sep 2008) Will the smoking ban, which kicks off from 2 October, work? Health Minister Anbumani Ramadoss... Human Resources: Virtual Check (19 Sep 2008) HR firms look at potential candidates' online profile before hiring Automobiles: Green Horns (19 Sep 2008) Why US auto makers are seeing red over a new law on green cars Global Trade: Another Chance (19 Sep 2008) Many think the Geneva trade talks have collapsed. But Pascal... Land Acquisitions: New Lessons (19 Sep 2008) Maharashtra tries people's referendum to resolve a contentious land issue Global Economy: How The Mighty Fell (19 Sep 2008) Every day, institutions as well as reputations are being demolished Banking: Falling Interest? (19 Sep 2008) http://www.businessworld.in
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Indications are that the key rates may ease in the near future Energy: In Search Of Black Gold (19 Sep 2008) Extracting oil from coal comes with its own set of challenges Media: Cause And Effect (19 Sep 2008) Coverage of the Delhi blasts reflected media's callousness RBI Directs Banks To Unwind Lehman Swaps (19 Sep 2008) The Reserve Bank of India has directed banks to unwind their interest rate swap (IRS) transactions with Lehman Brothers. Wall St Job Losses Asia's Gain (19 Sep 2008) For China and India, the global financial industry crisis makes it easier to recruit bankers who are brushing off their resumes. Wall Street quakes shake New York social scene (19 Sep 2008) New Yorkers who frequent Gotham's most lavish parties fear the good times are over. The economic downturn of the past year left many of... Morgan Stanley In Talks As Fear Grips Financials (18 Sep 2008) Morgan Stanley topped the list of major financial services firms scrambling to sell themselves as fear gripped global credit and stockmarkets. Tata Says Karnataka Offers Home For Cheap Car (18 Sep 2008) Karnataka has offered 1,000 acres and all incentives that Tata Motors needs for relocating its Nano car... AIG Rescued By US Fed (17 Sep 2008) While the bailout prevents the massive immediate job losses, there is still a sense of disbelief among employees about the suddenness of AIG's decline. Centre’s Patience Sermon To Tatas (17 Sep 2008) The Centre has advised the Tatas to “hang on” in Singur, pointing out that a pullout could encourage opponents of big projects... Concerted Bid To Stop The Rot (17 Sep 2008) Central banks across the world pumped emergency funds into world financial markets for the second day... India Gauging 'Frenzy Effect' Of Lehman Bros Collapse: Nath (17 Sep 2008) India is assessing the full impact of Lehman Brothers' collapse on the economy, but admitted that the US crisis could make achieving annual export and FDI targets a daunting task. Indian IT Majors Turn Cautious Post Lehman, Merrill Fall Out (17 Sep 2008) With nearly half of their revenues coming from banking and financial services segments, India's top software exporters today said they are closely monitoring the financial crisis spreading across markets. Layoff Fears Wash Ashore; Mumbai Staff Polish CVs (17 Sep 2008) Lehman Brothers' staff in Mumbai spent Tuesday clearing their desks and calling headhunters as they brooded over a horrific week that turned their lives upside down. Lehman Crisis Fact Sheet (16 Sep 2008) http://www.businessworld.in
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Collapse Of Lehman Brothers To Affect Portfolio Flows... ADB Warns Financial Crisis Could Hit Asia's Economies (16 Sep 2008) Asia's developing economies, the fastest growing in the world, should expand by 7.5 per cent... Hope Present In Absence (16 Sep 2008) Three principal players in the Singur tussle stayed away from the battlefield on Monday, fuelling hopes that doors were being kept open for discussions. Lehman Failure Part Of A Restructuring: Lipsky (16 Sep 2008) The bankruptcy of Lehman Brothers and sale of Merrill Lynch is part of a restructuring and consolidation... Wall St Shockwaves Hammer Asia Stocks, Oil (16 Sep 2008) Asian markets tumbled on Tuesday, as upheaval on Wall St fuelled investor uncertainty about a spillover into the region. Govt Works On Airline Bailout Plan (15 Sep 2008) Under discussion are changes in the norms for flying to foreign destinations and investment policy, along with the possibility of sales tax relief. Tata Applause Raises Resumption Hopes (15 Sep 2008) The Bengal government is expecting Tata Motors to provide "very soon" an idea about the company's plans to resume work at Singur. How To Guard Against Wi-Fi Terrorism (15 Sep 2008) The next time militants send out a terror message, it could bear the tag of your computer unless you take steps to secure your connection. July Industry Output Flags Underlying Strength (12 Sep 2008) The improved data is above the market expectations of around 6% and may provide some respite to the govt and the Reserve Bank, struggling hard to check the double-digit inflation. Sahara Exits Non-Banking Financial Business: RBI (12 Sep 2008) Sahara India Investment Corporation, part of Indian conglomerate Sahara group, has voluntarily left the non-banking financial business, the Reserve Bank said. Index Of Industrial Production: Instant View (12 Sep 2008) After a dismal performance in the previous two months, the industrial growth recovered to 7.1 per cent in July owing to resurgence... Foreign Investments: US Loses Its Sheen (12 Sep 2008) The former top FDI destination is striving to regain its status Nuclear Energy: Status Quo (12 Sep 2008) India is unlikely to open up nuclear power for the private sector Global News: In A Soup (12 Sep 2008) Thailand’s Prime Minister Samak Sundaravej has been forced out of office after a court ruled... Inflation: Selective Coverage (12 Sep 2008) A rise in inflation gets everybody’s goat. The rise of inflation to a 14-year high of 12.63 per cent... http://www.businessworld.in
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Telecom: Blame Game (12 Sep 2008) iPhone's stakeholders refuse to take ownership for its exorbitant pricing Civil Aviation: Wings Of Desire (12 Sep 2008) Vijay Mallya-owned Kingfisher Airlines has surprised many by... Energy: Diesel blues (12 Sep 2008) The central government’s consideration of the recommendations made... Mining: Digging Its Own Problems (12 Sep 2008) Why two ministries are fighting it out over export duty for iron ore Power: Repricing The Grid (12 Sep 2008) CERC proposes a cap on the power trading price Stockmarkets: Emerging Crisis (12 Sep 2008) Past year’s gains have been wiped out in emerging markets Telecom: Running Low On Charge (12 Sep 2008) Bigger handset makers are losing out to smaller players Mallya Reminds Force India He Is Boss (11 Sep 2008) Force India owner Vijay Mallya has reminded feuding factions inside his Formula One team that, even if he sees no need to bang heads together, he pays the bills and calls the shots. Inflation May Have Peaked: PM Adviser (11 Sep 2008) India's inflation rate may have peaked and there could be a pause in monetary tightening moves by the Reserve Bank of India, the chief of Prime... Infosys Renews LIC Policy (11 Sep 2008) Life Insurance Corporation of India and Infosys Technologies Limited on Thursday announced renewal... Cabinet Approves FM Radio Firms Setting Up Units (11 Sep 2008) The Cabinet has approved FM broadcasters setting up subsidiaries but the foreign investment limit... India Slips 2 Notches In Doing Business Index (10 Sep 2008) India slipped two notches to 122nd rank, below neighbours including Nepal, Bangladesh and Pakistan in the 'Doing Business Report 2009' prepared jointly by the International Finance Corporation and the World Bank. Banks Sitting On Rs 1,200 Cr Lying In Idle Accounts (10 Sep 2008) Commercial banks in the country are sitting on funds of over Rs 1,200 crore lying idle in about two crore accounts for the past 10 years. Analysts See Bear Stearns-Like Fate For Lehman At Worst The most attractive option for Lehman Brothers Holdings Inc is to reduce troubled assets and raise capital, according to at least two analysts, who see a Bear Stearns-like bailout for Lehman in a worst case scenario. Vedanta Gives Birth To Triplets (10 Sep 2008) Three entities to run local operations http://www.businessworld.in
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Too Early To Take Inflation Call: RBI Chief (09 Sep 2008) India's inflation rate is showing some signs of moderation but it is too early to conclude whether it is a 'discernable trend', the new Reserve Bank of India Governor D Subharao said. PM Concerned Over Data Quality (09 Sep 2008) Lamenting that industrial and agriculture data had become unreliable over a period of time, Prime Minister Manmohan Singh on... Tata Motors Cautions WB Govt (09 Sep 2008) Cautioning the West Bengal government, Tata Motors on Tuesday said it should not take any step which might disturb the integrated auto cluster in Singur comprising the main plant... Indian Chefs Welcome, Not IT Workers: Uk Panel (09 Sep 2008) Indian chefs will be allowed to work in Britain's multi-million pound Indian restaurant industry but the IT workers from that country... Tata Consultancy Sees Project Delays (09 Sep 2008) Tata Consultancy Services, India's top software services exporter, said it had seen some delays... WB Govt Reassures Tatas (09 Sep 2008) The West Bengal govt has asked Tata Motors to start work at its small car manufacturing unit and reassured that no land would be taken out of the company's main plant in Singur. 25% Cess On Diesel Likely (08 Sep 2008) The govt may impose a 25% cess on big diesel cars and charge bulk users other than railways and state transport corps Rs 22 a litre more as part of a dual fuel pricing policy. NSG Waiver Buoys Markets, Sensex Up By 461 Pts (08 Sep 2008) The benchmark Sensex today surged by 461 points but missed the crucial 15,000 level at close by a whisker with foreign funds and... Open-Ended Deal; Siege Suspended (08 Sep 2008) Land promise, vendor freeze in statement ‘Maximum’ pledge steers clear of specifics Singur Saga: Tata Eye On Fine Print (08 Sep 2008) Tata Motors will go through the fine print before taking a decision on resuming work at the Singur plant. Power Stocks Rise On Nuclear Waiver (08 Sep 2008) Most of power sector shares rose as much as 8-12 per cent on Monday after the NSG nations lifted a 34-year-old nuclear trade ban against India, paving the way for new sources of power. Singur Saga: Table Beckons, Mamata Bides Time (06 Sep 2008) Governor Gopalkrishna Gandhi and the state government tapped several Trinamul Congress leaders to try and bring... Nano Car Deadlock: Holes In Land Policy (06 Sep 2008) A colonial-era law for land acquisitions in India has helped trip up several industrial projects, including Tata Motors'... Wall St Week Ahead: Battered Stocks Face Another Tough Week (06 Sep 2008) The bears have been in firm control on Wall Street so far in September, and with anxiety about the health of the US and... Singur Saga: Second Round Of Talks Begin (06 Sep 2008) http://www.businessworld.in
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The second round of crucial talks to end the Singur logjam began at the Raj Bhavan here today with West Bengal Governor... Governor Asks Govt, Oppn To Compromise (05 Sep 2008) West Bengal Governor Gopalkrishna Gandhi has deferred the much-awaited meeting to resolve the Singur crisis asking both sides to participate in a "mood of reconciliation." 'We Will Cooperate With Governor' (05 Sep 2008) Trinamool Congress chief Mamata Banerjee has said her party would cooperate with the West Bengal Governor, who has convened crucial talks to end the Singur deadlock. Nuke Nations Talk Tough On India (05 Sep 2008) Forty-five countries resumed crunch talks on Friday on whether to drop a ban on nuclear trade with India, amid efforts by the US to allay fears the move could be at odds with NPT. INDO-US Nuclear Deal: In Letter And Spirit (05 Sep 2008) Was Prime Minister Manmohan Singh misleading the nation? Tata Steel: Looking Up (05 Sep 2008) Corus's lower margins haven't affected Tata Steel's performance Global News (05 Sep 2008) Japanese Prime Minister Yasuo Fukuda has resigned. This is the second time in 11 months that a... Inflation: For the sake of changing (05 Sep 2008) The Indian government has accepted the proposal to shift the wholesale price index (WPI), which is used to track inflation, to a... Energy: Shaky Winds (05 Sep 2008) Wind energy major Suzlon is facing a credibility issue in the US Human Resources: Advantage Home (05 Sep 2008) The work-from-home concept seems to be fast catching up. In the near future, Wipro Technologies wants a third... Colonial Rule: Payback time (05 Sep 2008) Last week, Italy formally apologised to Libya for 30 years of colonial rule, during... Trade Ties: A New Way Forward (05 Sep 2008) A strong India-Asean partnership could offset China's influence Financial Market: Sure Hands, Great Feel Expectations from the new RBI governor run high; so does faith in his ability Aviation: A Different Route (05 Sep 2008) Airlines' cost-saving measures are set to pinch fliers further Retail: In Search Of A Partner (05 Sep 2008) French retail major Carrefour is scouting for partners in India Governor Begins Parleys (04 Sep 2008) http://www.businessworld.in
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In the run-up to the crucial talks to resolve the Singur impasse, the WB Governor on Thursday began preliminary discussions with the govt, Trinamool Congress and others. Profile: Gopalkrishna Gandhi (04 Sep 2008) Date of Birth: 22 April 1945, New Delhi... Small Car Here To Stay (04 Sep 2008) "Obviously, we are a company which wants to launch Nano as planned. We will try to do everything possible to launch Nano as planned," Ratan Tata said on Thursday. Asia Leads Mobile Growth (04 Sep 2008) But even if Asia is the world's largest broadband market, it lags the US and Europe in overall penetration, with just 3.6 out of every 100 inhabitants connected to high-speed Internet. Six Indians In Forbes' Under-40 Asian Billionaire List (04 sep 2009) Six Indians, including Ranbaxy promoter family's Malvinder and Shivinder Singh, Suzlon's Girish Tanti and Indiabulls' Sameer Gehlaut, have made it to a list of 15... Trio To Meet In Governor's Presence (03 Sep 2008) Buddhadeb Bhattacharjee and the Tatas are expected to meet Mamata Banerjee in the presence of governor Gopalkrishna Gandhi in the next 48 hours. Food Crisis, Silent Famine To Continue: World Bank (03 Sep 2008) There is no end in sight to global food shortages and multiple crises from climate change and energy and water scarcity will soon intensify what is already... Breakthrough In Sight: Mamata (03 Sep 2008) A breakthrough in the impasse over Singur issue could be in sight in 48 hours at the initiative of West Bengal Governor Gopal Krishna Gandhi, the Trinamool Congress leader said. Stiff Penalty On Mobile Cos For Sims Without Check (03 Sep 2008) In the backdrop of terrorists increasingly using mobile phones for their activities, stiff penalty could be imposed on service providers... Singur Saga: Reactions (03 Sep 2008) Lalu For Nano Project: Railways Minister Lalu Prasad has out strongly in support of Tata's Nano project in Singur and criticised opposition to... Tata To Launch Electric Car In Norway (03 sep 2008) Tata Motors plans to launch an electric version of its Indica hatchback in Norway within a year, and will bring... Google's New Challenge To Microsoft (03 Sep 2008) Google Inc is challenging Microsoft Corp with its own Web browser that lets users run many applications that once worked only when installed on local PCs, executives said.
No Delay In Nano Launch (03 Sep 2008) Tata Motors' new super-cheap Nano cars should still be launched as planned next month, but a decision to look for alternative factory sites after violent farmers' protests will push up costs and squeeze output. No Cut In Fuel Prices For Now: Deora (02 Sep 2008) http://www.businessworld.in
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The govt has ruled out an immediate reduction in petrol and diesel prices as state-run firms are still running into daily loss of over Rs 400 crore despite softening in global oil prices. India,China Slowdown Fuels Tougher Race For Carmakers (02 Sep 2008) A slowdown in car sales in India and China is threatening to shrink the auto market, promising tougher times for an industry leaning on the two countries to pick up the slack in the West. The Land Acquisition Battle (01 Sep 2008) Almost everywhere where SEZs and private land acquisitors have sought to plant their pennants, a tidal wave of grassroots opposition has swept everyone concerned, writes Kajal Basu. Sleepless In Singur (01 Sep 2008) Background: When Tata Motors announced the arrival of the Nano, it made headlines the world over. Chairman Ratan Tata... Cold Season Will Push Up Oil Price - Iran (01 Sep 2008) Iran's oil minister suggested on Sunday crude at $100 a barrel was the lowest appropriate level but said factors like the approaching cold season would push up demand and prices Trade Not Aid The Answer To Poverty: Economists (01 Sep 2008) As ministers from over 100 countries gather in Ghana to review how effective aid is in helping developing nations deal with poverty, many economists argue the answer is elsewhere -- in freeing up trade. India Aug Manufacturing PMI At 2-Mth Highs: Survey (01 Sep 2008) Activity at Indian factories picked up to its fastest in two months in August helped by strong demand for goods in the domestic market but costs of raw materials remained high, a survey showed on Monday. Wall Street: More Volatility Seen With Hurricane, Payrolls (30 Aug 2008) Conditions are still not favourable to resume work at a plant in Singur which will make the Nano, billed as the world's cheapest car, Tata Motors said in a statement on Saturday. The Land Acquisition Battle (30 Aug 2008) Conditions are still not favourable to resume work at a plant in Singur which will make the Nano, billed as the world's cheapest car, Tata Motors said in a statement on Saturday. Still Can't Resume Work At Nano Plant: Tata (29 Aug 2008) Conditions are still not favourable to resume work at a plant in Singur which will make the Nano, billed as the world's cheapest car, Tata Motors said in a statement on Saturday. Trained And Hired, A Cry For Jobs (29 Aug 2008) Thirty-odd Singur youths employed at the Nano plant on Saturday held their own demonstration on Durgapur Expressway against Mamata Banerjee's six-day-old siege of their factory. Time To Save Or Sink (29 Aug 2008) Fresh bid after CM’s all-issue draft hits wall Wall St Week Ahead (29 Aug 2008) Wall Street is set for another volatile week after the Labor Day holiday, as investors track the price of oil, key economic data and continued fallout from the credit crisis. Tatas Pull Out Workers From Singur (29 Aug 2008) Irked by constant intimidation of its workforce by agitating Trinamool Congress workers, Tata Motors has evacuated its http://www.businessworld.in
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manpower from Singur, sources close to Tata Motors said. Economy Slows To 3-½ Year Low (29 Aug 2008) India's economy lost steam in the June quarter, with annual growth of 7.9% marking its slowest rate in 3-½ years, but the RBI was not expected to relax its tight monetary stance soon. Instant View (29 Aug 2008) India's economy grew a slower than expected 7.9 per cent in the June quarter from a year earlier, easing from the previous... Poverty: Limits Of Growth (29 Aug 2008) New reports say India has the largest number of poor people in the world UPA Government: Talking Heads (29 Aug 2008) North Block is abuzz with rumours of a an imminent Cabinet reshuffle Global News (29 Aug 2008) Within days of Pervez Musharraf’s exit, Pakistan’s ruling coalition has collapsed with... Maharashtra Government: Officials On Exit Mode (29 Aug 2008) More than a dozen ias officers have quit the Maharashtra government and 100 more are weighing offers. The latest is Mumbai's Additional Municipal Commissioner Kishor Gajbhiye. Telecom: Two Standards (29 Aug 2008) Telcos' legal battles have been struck down by the Delhi High Court Sovereign Wealth Funds: Prosperous Times (29 Aug 2008) Singapore’s sovereign wealth fund Temasek has doubled its annual profits from $5 billion last year to $12.8 billion... Telecom: Black & White (29 Aug 2008) The crackdown on Chinese workers employed by telecom equipment maker Huawei in India for tax evasion turned out to be a hoax after the ministry of labour and employment denied sending the letter (right) to Huawei. West Bengal: Number Crunching (29 Aug 2008) Why Mamata Banerjee wants 400 acres of land to be returned Current Affairs: Pangs Of Freedom (29 Aug 2008) Sudendly, freedom for Kashmir finds a few takers in India Personal Finance: Beyond The Shores (29 Aug 2008) A report shows a five-fold increase in overseas investments Pharmaceuticals: A Shot In The Arm (29 Aug 2008) A court ruling may pave the way for Sun's Taro buy-out Power Women (28 Aug 2008) For the third year running, US magazine Forbes has named the chancellor of Germany, Angela Merkel, as the most powerful... Mayawati Enters Forbes' Power List (28 Aug 2008) http://www.businessworld.in
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Making her debut in the club of 100 most powerful women in the world, BSP chief Mayawati has joined Congress President Sonia Gandhi in a list compiled by US magazine Forbes. SEZ And Sense (28 Aug 2008) Background: The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005 which received Presidential assent on the 23rd of June, 2005. Around... Kingfisher-Deccan Ties Up Funding, Defers Deliveries (27 Aug 2008) Deccan Aviation, Kingfisher Airline combine has lined up a total of about 10 billion rupees of funding from ICICI Bank, UB Group chief financial... Mukesh Backs Tata's Nano (27 Aug 2008) Warning that 'fear psychosis' was being created to slow down projects of national interest, India's corporate leader Mukesh... SEZs Draw Investors As Hurdles Filter Policy (27 Aug 2008) Special Economic Zones (SEZs), touted as engines of India's industrial growth, are poised to take off in a big way, despite the initial hurdles and... New Bonds (27 Aug 2008) Deccan Aviation, Kingfisher Airline combine on Wednesday lined up a total of about Rs 10 billion of funding from ICICI Bank. The airline had hoped to raise Rs 16 billion... ONGC Videsh Wins Imperial Bid (27 Aug 2008) OVL has won the bid to take over UK-listed Imperial Energy for £1.4 billion, outsmarting rivals such Sinopec and Korean National Oil Company.
Imperial Energy Facts (27 Aug 2008) M&A News: ONGC Videsh Ltd (OVL) has won the bid to take over UK-listed. Russia-focussed Imperial Energy for £1.4 billion... Vendors To Back Tata (27 Aug 2008) Vendors for Tata Motors' Nano car would back Tata in case of a pull-out from Singur, but said they were not aware of a deadline for a relocation.
Axon Facts: The Axon Effect (26 Aug 2008) A Biology graduate with an an MSc degree in Computing, Hunter spent first few years of his career as a Business Analyst at Unilever... Indian Stocks Off Radar Of Many Foreign Funds (26 Aug 2008) Analysts say scarce funds and a view Asia's third-largest economy will underperform has investors looking elsewhere. Infosys Unveils Bid To Snap Up Axon (26 Aug 2008) Infosys on Tuesday announced an all-cash offer to buy UK's Axon Group for Rs 3,300 crore, or £407 million. The transfer of ownership is expected to be completed by November. Tata Motors Work Affected At Singur (25 Aug 2008) Work at the Tata Motors small-car project at Singur was affected on Monday with majority of contract workers staying away, as a siege by Trinamool Congress cadres continued for the second day. http://www.businessworld.in
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Oil Steadies Above $114 Despite Rising Dollar (25 Aug 2008) Oil steadied above $114 a barrel on Monday, pausing from previous session's 5.4 percent decline, despite a rising dollar and diminishing supply concerns as Tropical Storm Fay crossed over land. After the Games, China's Economy Faces Big Hurdles (25 Aug 2008) For China's policy makers the race has only just begun to prevent the world's fourth largest economy from slowing too sharply after the end of the Olympics. Thousands Protest Land Seizure In Singur (25 Aug 2008) Thousands of protesters surrounded Nano's factory site in Singur, in the biggest demonstration yet against seizure of farmland for industry in eastern India on Sunday. Auto parts Cos Look To Other Segments To Beat Downturn (25 Aug 2008) Top Indian auto parts makers such as Bharat Forge and Amtek Auto are branching out into industrial and rail segments and trying to boost sales in Europe and Japan. Reactions: Singur protests (22 Aug 2008) The people of West Bengal wanted the Tata Motors small car project at Singur and the state government was hopeful about it, Industry minister... Tata Threatens To Pull Out Of Singur (22 Aug 2008) Ratan Tata on Friday threatened to shut the Nano car project in West Bengal if it continues to be haunted by violence, while refusing to give into Trinamool Congress' demand for shifting out ancillary units away from the factory site. No Let Up In Inflation (22 Aug 2008) The government on Friday said it was increasingly concerned that there was no let up in inflation, while blaming part of the surge in wholesale prices on the base year effect. Media: The Bigger Picture (22 Aug 2008) A break-up and a launch indicate maturing of the industry Industrial Production: Conflicting Numbers (22 Aug 2008) Government's projection of industrial growth could well be wrong Banking: Striking Poor (22 Aug 2008) Repeated bank strikes cause untold harm to the national economy Global News (22 Aug 2008) Ending weeks of speculation after the elections in April, Maoist leader Pushpa Kamal Dahal (Prachanda) has taken oath as the... Economy: Central Fiscal Deficit (22 Aug 2008) The prime minister’s economic Advisory Council has warned that the budgeted central fiscal deficit would rise by 5 percentage points to 7.5 per... Agriculture: Short Coming (22 Aug 2008) Delayed monsoon has greatly affected the kharif crops Currency Futures: Another First (22 Aug 2008) Ever wanted to take a bet on currencies? Exchange-traded currency futures... http://www.businessworld.in
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Commodities: Golden drop (22 Aug 2008) Is the commodity cycle peaking? The past one month witnessed across-the-board fall... Energy: A Question Of Quality (22 Aug 2008) Low-priced Chinese equipment is putting BHEL under pressure Energy: Running Low On Coal (22 Aug 2008) Acute coal shortage threatens to cripple power generation Media: Selling the Bare Idea (22 Aug 2008) Absence of clear laws on nudity make regulation difficult Govt Clears IPTV Policy (21 Aug 2008) The government has cleared changes to the current channel down-linking guidelines to allow broadcasters to provide content to telecom service providers for Internet Protocol TV. Air India Sees $460 Mn Loss (21 Aug 2008) However, Air India, the entity formed by a merger of Air India and Indian Airlines in August 2007, would add 14 aircraft to its fleet of 154 this fiscal, its Chairman Raghu Menon said. ICBC Is World's Most Profitable Bank (21 Aug 2008) China's biggest lender ICBC on Thursday became the world's most profitable bank with its first-half net profit of $9.4 billion - the highest for any bank in world for this period.. Inflation Surges To 12.63% (21 Aug 2008) Rising prices of food items like fruits, vegetables and milk pushed up inflation to 12.63 per cent for the week ended August 9 from 12.44 per cent a week ago. Inflation Surges To 12.63% (21 Aug 2008) Rising prices of food items like fruits, vegetables and milk pushed up inflation to 12.63 per cent for the week ended August 9 from 12.44 per cent a week ago. Govt Clears IPTV Policy (21 Aug 2008) The government has cleared changes to the current channel down-linking guidelines to allow broadcasters to provide content to telecom service providers for Internet Protocol TV. FY09 Growth Seen Around 8% (21 Aug 2008) The economy is likely to expand around 8 per cent in the year to March 2009, but 9-10 per cent growth in the medium term is achievable, Deputy Chairman of the Planning Commission Montek Singh Ahluwalia said. Oil Rises To $116 On Russia-US Tension (21 Aug 2008) However, Air India, the entity formed by a merger of Air India and Indian Airlines in August 2007, would add 14 aircraft to its fleet of 154 this fiscal, its Chairman Raghu Menon said. Oil Rises To $116 On Russia-US Tension (21 Aug 2008) Oil rose to $116 a barrel on Thursday, climbing for a third straight session, as Washington's missile shield deal with Poland angered Russia, adding to international tension. Rs 22,000 Cr Additional Subsidy To Fertiliser Industry (20 Aug 2008) The government has decided to release Rs 22,000 crore subsidy in cash to the fertiliser industry this fiscal, apart from the budgetary allocation of Rs 32,000 crore. http://www.businessworld.in
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Airfare Revision Unlikely (20 Aug 2008) Softening in global oil prices may lead to a cut in aviation turbine fuel prices next month but domestic airlines are unlikely to pass on the benefit to passengers. China Keeps Cards Close To Chest Ahead Of NSG Meeting (20 Aug 2008) Ahead of the NSG Meeting, China today chose to keep its cards close to its chest but harped on maintaining the "integrity and effectiveness" of the non-proliferation regime. Govt Says Not Considering Air India Stake Sale (20 Aug 2008) The Indian government is not currently considering selling stakes in state-run carrier Air India and helicopter... ITC Tech Arm Buys US Firm For $25 Mn (19 Aug 2008) ITC Ltd, India's top cigarette firm, said on Tuesday its information technology arm had acquired U.S-based... Bank Strike Unlikely To Disrupt Markets (19 Aug 2008) A strike called for Wednesday by some banking unions protesting consolidation of state-run banks may partly affect banking operations, although the BSE said settlements were unlikely to be impacted. Govt Pulls Up Oil Firms, Orders Clearing Of LPG Waitlist (19 Aug 2008) Government on Tuesday took state-run oil firms to task for reported shortages in fuel supplies... TCS May Buy Citi's India BPO Arm: Report (19 Aug 2008) Tata Consultancy Services is close to acquiring Citigroup's captive backoffice unit in India for about $500-$550 million, a newspaper report... Indian Companies To Invest $40 bln In 2008-09: RBI (18 Aug 2008) Indian private companies will invest Rs 1.73 trillion in fresh projects in 2008/09, a 30 per cent decline from Rs 2.45 trillion 2007/08, the RBI said in a recent study. Wage Hike Threatens Budget Target (14 Aug 2008) Economists said the wage hikes could test India's investment grade sovereign credit rating and the additional spending could boost cash in the banking system. New Row Flares Over WTO Talks Report (14 Aug 2008) The wording of a report intended to summarise last month's abortive trade talks on industrial goods has upset the United States, making... Retail: Cash And Carry (14 Aug 2008) A flurry of new deals have put the Indian retail sector back in the news Olympics: Opening Shot (14 Aug 2008) India gets its first ever individual Olympics gold medal Global News (14 Aug 2008) General’s coup Yahya Ould Ahmed Waqef, Mauritania’s prime... Money Laundering: Tracking The Trail (14 Aug 2008) General’s coup Yahya Ould Ahmed Waqef, Mauritania’s prime... http://www.businessworld.in
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Olympics: Winning Game (14 Aug 2008) The Games has marked China’s accession to the world stage Olympics 2012: London Calling (14 Aug 2008) Nandan Nilekani, co-chairman of Infosys is to join London Mayor Boris... Rwanda Genocide: The French Connection (14 Aug 2008) Fourteen years after the genocide of 800,000 Tutsis, a commission... Pharmaceuticals: Taking Full Control (14 Aug 2008) The German buyer of Dabur Pharma has brought in an Indian CEO Media: In Search Of New Allies (14 Aug 2008) Why did Rupert Murdoch meet Sharad Pawar? Mutual Funds: Spreading The Risk (14 Aug 2008) Mutual funds now offer global investment opportunity to Indians Telecom: A 'Fixed' Solution (14 Aug 2008) Telcos now have a new way to shore up their revenues Inflation May Rise To 13%: Rangarajan (13 Aug 2008) "For some more time inflation can increase... But by December it will start declining and is likely to moderate to 8-9% by March 2009," said outgoing chairman of the PMEAC C. Rangarajan. No Cut In Fuel Prices: Deora (13 Aug 2008) A drop in global crude prices does not offer the government any immediate scope for reduction in domestic fuel prices, although India's crude basket price has fallen over 8 per cent in two months. India's Growth Seen Missing RBI Fiscal Yr Estimate (13 Aug 2008) The economy is expected to expand at a slower pace this fiscal year due to worsening global conditions, the PM's Economic Advisory Council said in its 2008/09 economic outlook. Interest Rates Almost At Peak: SBI (13 Aug 2008) "They (interest rates) have peaked or almost peaked... Unless there is any further course of action by RBI," O.P. Bhatt, chairman of the country's top lender State Bank of India said. Family Life: Airlines, Listen Up. Give Families A Break (13 Aug 2008) I am the airline passenger you dread most of all, more even than the religious fanatic or flatulent fat guy. I am the passenger accompanying small children. High Rates Hurt Industrial Growth (12 Aug 2008) Industrial growth almost halved to 5.2 per cent in the first quarter of this fiscal from 10.3 per cent a year ago, as rising interest rates continued to drag down manufacturing. Tesco Plans Cash-and-Carry In India, Tata deal (12 Aug 2008) The British supermarket group, the world's No. 3 retailer, has announced plans to develop a wholesale cash-and-carry business in India, alongside a deal with Tata Group. BSNL Hopeful Of Winning Union Nod For IPOs (12 Aug 2008) http://www.businessworld.in
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"There are positive responses," BSNL Chairman Kuldeep Goyal said. "They (unions) are discussing with the employees... they have said they will have an open mind on it." SpiceJet For $100 Mn Investment (11 Aug 2008) Budget carrier SpiceJet said it agreed with shareholders, Goldman Sachs and Wilbur Ross and Co, for an investment of $100 million in the firm for business purposes. Pfizer Agrees To Settle Lipitor-Related Suit (11 Aug 2008) Pfizer Inc said it has agreed to settle litigation related to its cholestrol drug Lipitor with Canadian generic drug maker Apotex Inc. Oil Up As Georgia Conflict Disrupts Shipments (11 Aug 2008) But analysts said oil's gain was tempered by the rising US dollar, which vaulted to a six-month high against a basket of currencies on Monday. ASEAN, India Agree On FTA; To Create EU-like Market (09 Aug 2008) India and ASEAN have reached a free trade deal in goods, ending three years of talks aimed at creating a EU-style single market, only much larger in terms of population - over 1.5 bn Oil Falls To $115 On Economic Worries (09 Aug 2008) The fall came even as Russia sent forces into Georgia, a key energy transit region, to repel a Georgian assault on the breakaway South Ossetia region. Arcelormittal Initiates Land Acquisition Process In Orissa (08 Aug 2008) World's largest steel maker Arcelormittal has initiated the process of acquiring land for its 12 mtpa steel plant in Orissa, with the villages of Keonjhar giving their consent to the project. PM Economy Panel Chief Rangarajan Resigns (08 Aug 2008) Amid speculation of his nomination to the Rajya Sabha, Prime Minister's Economic Advisory Council Chairman C. Rangarajan stepped down and would be succeeded by the council's member Suresh Tendulkar. Cabinet OKs New Fertiliser Investment Policy (08 Aug 2008) The Cabinet on Friday approved a new policy for urea fertiliser makers aimed at boosting investment in the sector and helping reduce government's subsidies. Sensex Rallies To Highest Close In 8 Weeks (08 Aug 2008) Indian shares rallied late on Friday to their highest close in almost eight weeks, but trade was choppy after inflation topped 12 per cent for the first time in 13 years. Jammu Versus Kashmir (08 Aug 2008) Jammu and Kashmir is grappling with a new form of terrorism Corporate: Sue Men! (08 Aug 2008) Why India must have a system to check slush funds Global News (08 Aug 2008) Close on the heels of Indian government winning the trust vote in Parliament, outgoing... Telecom: Why China 3G Is Smarter (08 Aug 2008) India and China are rolling out third-generation (3G) mobile phone technology at the same time. But China has outsmarted India... http://www.businessworld.in
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Focus: India (08 Aug 2008) News Corp's mega plans highlight the potential of the Indian market Environment: Save Amazon Fund (08 Aug 2008) Brazilian president Luis Inacio Lula Da Silva has launched an international fund to protect... Obituary: The 'de-stalinist' (08 Aug 2008) Not many knew 1970 Nobel laureate Aleksandr Solzhenitsyn before 1962. That... Pharmaceuticals: Bending Over Backwards (08 Aug 2008) Drug makers are feeling the heat as the US FDA increases scrutiny Corporate: Chemical Warfare (08 Aug 2008) Violent protests stall Dow's 'R&D centre' near Pune Patents: Outsourcing Snags (08 Aug 2008) A US notice on patent outsourcing has caused a lot of confusion Energy: Unregulated Profits (08 Aug 2008) Power trading in India is in dire need of regulation Inflation Cracks The 12% Mark (07 Aug 2008) Inflation broke through the psychological 12 per cent level, the highest in over 13 years, as prices of pulses, spices, eggs, fish and meat among other things continued to rise. Renewed Protests Threaten To Delay Nano Launch (07 Aug 2008) "We will try to break the factory wall ... as many times as we can," said Toofan Ruidas, a farmer, as he pointed at pockmarks left in the wall by his fellow protesters' axes. Govt Looking At $10 Bn IPO For Telco BSNL (07 Aug 2008) The government hope to raise $10 billion in the country's largest-ever IPO through a share sale in state-owned BSNL, but will take a decision only after talks with trade unions. Govt Rules Out Fuel Price Cut (06 Aug 2008) The govt has ruled out reduction in fuel prices following softening of global crude prices saying domestic rates were still pegged at roughly half of the current global prices. Allow Mobile Virtual Network Ops: Trai (06 Aug 2008) The Telecom Regulatory Authority of India has asked the government to allow firms to offer mobile services without owning a network or spectrum, which could increase competition. Airtel To Launch 3G iPhone (06 Aug 2008) Bharti Airtel said on Wednesday it would launch Apple Inc's third-generation iPhone in India on August 22. However, the company declined to give price details as yet. Inflation Seen At 12.02 pct On July 26 (06 Aug 2008) Inflation rate is expected to have risen to 12 percent in late July, driven by higher costs of commodities and strong demand... Slideshow: Apple's iPhone (06 Aug 2008) http://www.businessworld.in
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The iPhone, the touch screen handset that acquired a cult status in the US and other western countries, will be available to Indian mobile users... Growth Seen At 7.5-8% In FY09 (06 Aug 2008) Most forecasts agree expansion in India's economy will slow as authorities struggle to keep a lid on rising prices by raising interest rates and tightening liquidity. Murdoch's India Bet (06 Aug 2008) Media baron Rupert Murdoch expects the cap on FDI in Indian print media to go, because the internet has opened up avenues of getting news from "millions" of sources. Date Fixed For Daiichi's Open Offer (06 Aug 2008) Japanese drug maker Daiichi Sankyo will launch an open offer to buy a further 20 per cent in Ranbaxy Laboratories on Aug 16. The revised dates comes after Sebi's approval. IBM To Renew Focus On Small, Medium Size Biz (06 Aug 2008) IT giant IBM on Tuesday said it is renewing focus on the small and medium size business segment in India, which is growing at a faster pace No Decision Yet On Futures Ban (05 Aug 2008) India will only review its ban on futures trading in four commodities next month and has no plans to suspend more contracts, Consumer Affairs Secretary Yashwant Bhave said on Tuesday. Oil Falls To 3-Month Low As OPEC Output Rises (05 Aug 2008) Oil fell to a three-month low on Monday, pressured by evidence of rising OPEC output in the midst of declining demand in the United States and Europe. Banking: Fall In Profits (05 Aug 2008) HSBC profits sag to $10 bln on bad debts, writedown IT: Shareholders Calls For Probe (05 Aug 2008) Big holder Capital Research wants Yahoo! vote probe Corporate: Future Group To Become Franchise Mobile Operator (05 Aug 2008) Diversified Indian conglomerate the Future Group plans to enter the fast-growing mobile services space as a franchisee for network operators, it said, and is in talks with several firms for a potential launch next year. Media: News Corp To Launch Six Regional TV Channels (01 Aug 2008) News Corp plans to invest $100 million to launch six television channels in India, where the U.S. media conglomerate is a leading broadcaster, the chief of News Corp said on Monday. India To Hold Global Auction For 3G Spectrum (01 Aug 2008) The government has announced guidelines for roll out of 3G mobile service and Mobile Number Portability that allows cell users to switch operators without changing numbers. Interest Rates To Moderate In 6-12 Months: FM (01 Aug 2008) With banks raising interest rates, Finance Minister P. Chidambaram on Friday asked them to mobilise low cost deposits to withstand pressure on their margins and keep lending rates low. Current Affairs: Attacking Business (01 Aug 2008) India's credibility as an investment hub has taken a dent http://www.businessworld.in
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Auto: Kinetic Energised (01 Aug 2008) M&M picks up cash- starved Kinetic to complete portfolio Private Equity: A Hole In The Bucket (01 Aug 2008) PE funds might see lower returns, according to a survey Credit Policy: The Squeeze Gets Tighter (01 Aug 2008) RBI takes harsh steps to curb inflation and credit growth WTO: Farming Failure (01 Aug 2008) India fails to convince the developed world about protecting farmers Retail: Life Blood (01 Aug 2008) Unilever's sale of its retail US laundry business will fuel its growth Global News (01 Aug 2008) For the first time, visitors to Britain's Buckingham Palace will be ... Stockmarkets: Conflicts Of Interest (01 Aug 2008) Subtle tugs are being applied by the government as well as private sources ... Entertainment: Cable Wars (01 Aug 2008) The cable wars that erupted a decade ago continue unabated. Zee Turner, which distributes a bouquet of ... Human Resources: Staff strength (01 Aug 2008) Developing the skills of the workforce is the best way to reduce an organisation's exposure... Global Acquisitions: The Big Picture (01 Aug 2008) In a development that shows how smaller fashion houses worldwide are being gobbled up by their... Stockmarkets: Due Diligence (01 Aug 2008) The Anil Ambani-Bachchan family link surfaces in IPO allotment Insurance: In Public Interest (01 Aug 2008) Irda wants Ulips to be treated as life insurance policies Banking: One-On-One (01 Aug 2008) The country's largest private bank seems to have slowed down Global News (01 Aug 2008) Israeli Prime Minister Ehud Olmert — who has been under pressure to resign... HDFC Hikes Home Loan Rates By 75 Bps (31 Jul 2008) HDFC on Thurday announced a hike of 0.75 per cent in lending rates from August 1 for old and new floating rate customers, who would now have to pay a minimum of 11.75 per cent interest on home loans. Daiichi Open Offer For Ranbaxy Delayed (31 Jul 2008) Japanese drug maker Daiichi Sankyo is yet to receive Indian regulatory approval for an open offer for Ranbaxy Laboratories, and so will not launch it on Aug. 8 as previously planned. http://www.businessworld.in
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FinCom To Suggest Fiscal Accounting For Oil, Other Bonds (31 Jul 2008) The government has decided to ask the 13th Finance Commission to map the road for achieving fiscal deficit targets by including off-budget subsidies like oil, food and fertiliser bonds. India Blames US For WTO Impasse (31 Jul 2008) Squarely blaming the US for collapse of the WTO talks in Geneva, India on Thursday said it can return to negotiations but will not compromise on protection to farmers in an open market. Tata Scraps $3 Bn Bangladesh Investment Plan (31 Jul 2008) Tata Group on Thursday scrapped its ambitious $3-billion investment plans in Bangladesh that included a steel mill and power plant, after four exhaustive years of trying to get requisite infrastructure support. Recriminations Fly Across Asia As WTO Talks Fail (30 Jul 2008) China blamed "selfish" wealthy Western nations on Wednesday for the latest failure to conclude long-running talks to free up global trade, while Asian rival Japan pointed the finger at the region's emerging giants. Mittal's Street Costliest In Britain (30 Jul 2008) After being hailed as the richest Indian in the world and the wealthiest in the UK, it has now emerged that India-born steel tycoon Lakshmi Mittal resides on Britain's most expensive street. Scrabulous Pulled Off Facebook In US, Canada (30 Jul 2008) Facebook itself had not taken sides in the dispute, and stressed that it was the developers Rajat Agarwalla, 27, and Jayant Agarwalla, 22, who had disabled the game. WTO Talks Limp Into 9th Day, Still In Stalemate (29 Jul 2008) Talks to rescue a world trade deal struggled into a ninth day on Tuesday after being brought back from the brink of collapse over measures intended to help poor countries protect their farmers against import surges. Markets Hit By RBI's Monetary Policy (29 Jul 2008) Stock market on Tuesday reacted sharply to RBI's hawkish monetary steps to contain inflation with the benchmark Sensex plunging by 558 points on fears that banks would soon increase the interest rates that could impact the industry and economy adversely. India Investment To Be Hurt By RBI Action: Industry (29 Jul 2008) Investment plans of Indian companies will be hit by the interest rate increases by RBI and economic growth could further slow as a result, industry bodies said on Tuesday. Markets Hit By RBI's Monetary Policy (29 Jul 2008) Stock market on Tuesday reacted sharply to RBI's hawkish monetary steps to contain inflation with the benchmark Sensex plunging by 558 points on fears that banks would soon increase the interest rates that could impact the industry and economy adversely.
RBI Monetary Policy: Key Highlights (29 Jul 2008) Key Highlights of RBI's Monetary Policy RBI Tightens Monetary Policy (29 Jul 2008) The RBI raised its key lending rate by 50 basis points to a seven-year high of 9.0 per cent on Tuesday to curb inflation, now running at close to 12 per cent. 'Abnormal Oil Prices Could Fall To $80' (29 Jul 2008) http://www.businessworld.in
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OPEC President Chakib Khelil said on Tuesday that oil prices could fall to $70 to $80 in the long-term, if the US dollar continued to strengthen and geopolitical anxieties eased. Ranbaxy Q2 Plunges On Forex (29 Jul 2008) Ranbaxy said consolidated net profit plunged to $5.4 million for its second quarter ended June from 2.64 billion a year ago. Net sales rose 12.7 per cent to Rs 18.30 billion. RBI Ups Lending Rate, Cash Reserve (28 Jul 2008) The RBI raised its key lending rate by 50 basis points to a seven-year high of 9.0 per cent on Tuesday to curb inflation, now running at close to 12 per cent. Sarin To Leave Vodafone Tomorrow; All Set For Himalayas (28 Jul 2008) Arun Sarin, one of the most successful CEOs of British telecom giant Vodafone, will hang his boots... India, China Putting WTO Talks At Grave Risk: US (28 July 2008) Resistance by India and China to opening up their markets to more imports has thrown global trade talks into their "gravest jeopardy" since their launch in 2001, a senior US trade official said. Former Googleers Unveil A New Search Engine (27 July 2008) A start-up led by former star Google engineers on Sunday unveiled a new Web search service that aims to outdo the Internet... After Total Pulls Out Of Iran Gas, Eyes On India (25 July 2008) Oil major Total's move this month to effectively withdraw from Iran's last major LNG project brought cheer to India, which now seems to be Tehran's best hope for exporting its huge natural gas reserves.
Inflation Eases To 11.89% (25 July 2008) In what could be music to the government, the inflation snapped its nine-week long upsurge to decline marginally by 0.02 as prices of food items such as potato, maize, sea fish, tea and imported edible oils fell.
UBS Cuts 2009 India GDP F'Cast To 7.1% From 7.7 (25 July 2008) UBS on Friday cut its forecast for Indian economic growth in 2008/09 to 7.1 percent from 7.7 percent earlier, as high inflation and rising interest rates bite into consumer spending. WTO: Move over Europe, US; The Future is Asia, India says (25 July 2008) The future of manufacturing is in low-cost youthful Asian economies, and the US and Europe should abandon ideas of propping up uncompetitive industries, India's trade minister said on Thursday. Banking: Insider Or Outsider? (25 July 2008) The race for the next Reserve Bank governor is on Policy: Passage To India (25 July 2008) The new security policy on FDI could take a middle path Entertainment: The Sixth Sense (25 July 2008) 6D cinema takes sensory perception to the next level Nuclear Energy: Target: India (25 July 2008) http://www.businessworld.in
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Global firms are waiting for the Indian nuclear market to open up Global News (25 July 2008) In a big blow for the Maoists, who bagged most seats in the assembly elections in April... Biofuels: Food For Thought (25 July 2008) New Delhi is promoting non-food biofuels in its yet-to-be ratified biofuel policy (read ‘Blowing The Lid Off’, BW, 11 July 2008) as... Pharmaceuticals: Foreign Hand (25 July 2008) The Drug Controller General of India (DCGI) wants to inspect pharma plants... Global Media: NYT Snubs McCain (25 July 2008) The New York Times (NYT), which ran an opinion piece by Democratic Presidential candidate Barack Obama on 14 July... Economy: A Problem Of Plenty (25 July 2008) Even as members of Parliament flashed currency notes as proof of bribes offered to them to abstain from the vote on confidence on... Agriculture: Offshore Solutions (25 July 2008) Countries are waking up to the idea of leasing land abroad for farming Pharmaceuticals: Needed: A Strong Dose (25 July 2008) The plan tto buylife-saving drugs in bulk is doomed to fail Copyrights: Paul's Royalty (25 July 2008) Extended copyrights could keep classics out of public domain Mobile Bank: Hold On, Please (25 July 2008) Cellular operators who have rolled out grand packages to offer money transfer through mobile may have gone a bit too fast. Banking regulator... Global Economy: Saudi's Leap Of Faith (25 Jul 2008) The desert kingdom is building a mammoth infrastructure empire Top Banks' Q1 Profit Hit By Rising Interest Rates (24 Jul 2008) State Bank of India and ICICI Bank, the country's top lenders, are set to report sharply lower quarterly profit growth as higher interest rates hit margins and the value of their bond portfolios decline.. 'RBI Asks Don't Levy Excessive Rates On Credit Cards (24 Jul 2008) Seeking to tighten the leash on credit card issuing banks, RBI has asked banks not to charge excessive interest rates on personal loans and prescribe a ceiling rate on small advances, a move that will benefit lakhs of card users. Gates Launches Massive Anti-Smoking Campaign (24 Jul 2008) Taking head-on cigarette giants that are aggressively targeting the developing countries, billionaires Bill Gates and Michael Bloomberg have jointly pledged $500 million for a massive anti-smoking campaign with special focus on India and China. Top Microsoft Exec Leaves Company (24 Jul 2008) Microsoft has said that Kevin Johnson, who as president of Microsoft's largest business division spearheaded the http://www.businessworld.in
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company's pursuit of Yahoo Inc, is leaving the software maker. WTO Talks Make "Some Progress," But Mood Sombre (24 Jul 2008) A latest round of talks to salvage a global trade deal made "some progress" on Thursday, ministers said but officials said the mood behind closed doors Subsidy Issues In WTO's Doha Round Of Farm Talks (23 Jul 2008) World Trade Organisation (WTO) members are trying to reach broad agreement on reforms to farm trade Main Protagonists In The WTO's Doha Free Trade Round (23 Jul 2008) Following are brief descriptions of the main protagonists meeting this week to try to cement a long-sought World Trade Organisation treaty. Shares Rally After Govt Win, Banks Rise (23 Jul 2008) Indian shares rose as much as 4.7 per cent on Wednesday to their highest in more than a month, led by financials, as a victory for the government in a confidence vote boosted hopes for revival of stalled economic reforms. Higher FDI In Insurance Likely Soon (23 Jul 2008) Having survived without the support of Left parties, the UPA government is stepping on the reforms pedal that would pave the way for higher FDI ceiling in insurance sector, among others. Oil Falls To $126, Storm Concern Eases (23 Jul 2008) Oil prices fell for the second session on Wednesday, extending losses from a record high this month, as fears eased Hurricane Dolly would deal a blow to oil and gas supply. Oil Extends Losses As Dolly Unlikely To Hit Output (22 Jul 2008) Oil prices fell for the second session on Wednesday, extending losses from a record high this month, as fears eased... Reliance: Seeking Clean Oil Storage Globally (22 Jul 2008) Oil prices fell for the second session on Wednesday, extending losses from a record high this month, as fears eased Hurricane Dolly would deal a blow to oil and gas supply. RComm Shares Up, Keep MTN Deal Hopes Alive (18 Jul 2008) hares in RComm rose nearly 3 per cent on Friday, as investors shrugged off the latest twist in a family squabble and kept alive hopes for a deal with South Africa's MTN Group. Ranbaxy Alleges MNC Trying To Derail Japanese Deal (18 Jul 2008) Hit hard by the attack in the US, Ranbaxy Laboratories on Friday alleged that the talks of a probe into approvals for its drugs by American authorities was part of a "larger game." Global Economy: Lessons For India (18 Jul 2008) Will India emulate the US way of bailing out bankrupt companies? Pharmaceuticals: Ranbaxy's Pincer (18 Jul 2008) Daiichi is unlikely to change its plan to acquire Ranbaxy Information Technology: Outsourcing Outrage (18 Jul 2008) The TCS-ACNielsen deal has re-ignited outsourcing politics Stock Markets: BSE’s Surprise Owners (18 Jul 2008) The nature of shareholding in stock exchanges is intriguing http://www.businessworld.in
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Inflation Inches Up To 11.91% (18 Jul 2008) Inflation inched up to 11.91 per cent mainly due to higher prices of some food items and various petroleum products which may prompt RBI to further tighten money supply in its quarterly review slated for July 29. Aviation: Nose Diving (18 Jul 2008) The new Bangalore and Hyderabad airports could surprise pilots Global News (18 Jul 2008) Omar al-Bashir, President of Sudan, has been accused of genocide, crimes against humanity and war crimes ... Economy: Negative Growth (18 Jul 2008) India’s Fiscal Position Is Rapidly deteriorating. The international rating agency Fitch has downgraded India’s Water Scarcity: Crisis Ahead (18 Jul 2008) It Is The Ultimate irony. Mumbai, overwhelmed by rains in the past few years, could be Aviation: The Contrarian (18 Jul 2008) Wilbur Ross, Billionaire US Investor specialising in buying distressed assets, has picked up a... Aviation: Making A Difference (18 Jul 2008) While most domestic airlines are pruning operations amid losses and rising fuel prices... Human Resources: Bad Apples (18 Jul 2008) Companies are waking up to the fact that some employees lie in their CVs Defence: Making A Strong Case (18 Jul 2008) Re-opening the aerial tanker bid could invite a new controversy International Law: Give And Take (18 Jul 2008) Europeans are seeing red over the US's demand for personal information Eye On China: Ivory country (18 Jul 2008) Ivory country China, the world’s biggest consumer of ivory, has got permission from Convention on International... Oil Steadies After Dip On Demand (17 Jul 2008) Oil prices steadied on Thursday, after sharp losses on swelling stocks and fading demand in the United States and after a fresh diplomatic initiative from Washington over Iran. Pressure On Prices Continues: Chidambaram (17 Jul 2008) Finance Minister P. Chidambaram on Thursday said pressure on prices remained but there were signs that central bank moves to tighten policy and lower inflation were working. Ranbaxy, Daicchi Say Deal Final But Shares Fall (17 Jul 2008) Daiichi Sankyo and Ranbaxy Laboratories said the Japanese drugmaker's deal to take over the Indian firm was "binding and final", but the statement failed to halt Ranbaxy shares slide. India Hopes For Progress At WTO Meet But Stands Firm (16 Jul 2008) India expects a WTO ministerial meeting in Geneva next week to make progress but has the option of walking out if it http://www.businessworld.in
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does not get what it wants, Trade Minister Kamal Nath said on Wednesday. ADAG Jet follows RIL, Indiabulls And GMR Into Customs Net (16 Jul 2008) Tightening the noose on Corporate India for alleged customs duty evasion, the government has issued a notice to seize an aircraft belonging to the Anil Ambani Group. Govt May Intervene If Steel Prices Push Inflation (16 Jul 2008) The government may take steps to cool steel prices if they continue to contribute to soaring inflation, a top government official said on Wednesday. Sink Or Survive, Deal 'Done' (16 Jul 2008) The nuclear deal will happen because the government believes it is in the supreme national interest, a source said India's Ratings Under Cloud (16 Jul 2008) India's investment grade credit rating looked under threat after Fitch Ratings cut its local currency grade outlook to negative on Tuesday... Bernanke: Markets Under Stress, Outlook Uncertain (16 Jul 2008) A weakening housing market, a strained banking system, and rising oil prices threaten the US economy, and restoring financial market stability is... MTN Sounds Out Bharti (15 Jul 2008) A report on Tuesday said MTN had "sent feelers" to Bharti Airtel, but a formal approach was unlikely until after a deadline for exclusive talks with Reliance ends on July 21. Markets Crash, Sensex At 15-month Low (15 Jul 2008) The stock market nosedived on Tuesday with Sensex losing over 654 points to a 15-month low amid forecast of increasing risk to rupee-denominated investments. Microsoft Cites Yang Comments On Google-Yahoo Deal (15 Jul 2008) A top Microsoft Corp executive said Yahoo! Inc's advertising search partnership with Google Inc... SpiceJet Gets Rs 345 Cr From Wilbur Ross (15 Jul 2008) Under severe financial pressure due to rising jet fuel prices, low-cost carrier SpiceJet has got a fresh lease of life with WL Ross & Co, a private equity firm led by billionaire Wilbur Ross, announcing to invest Rs 345 crore as fresh equity. Squabbling Siblings (15 Jul 2008) They are called the squabbling sibblings. India's billionaire brothers -- Mukesh and Anil Ambani-- are once again the limelight, this time with their public spat over MTN, the South African telecom giant. The story so far... Ambani Spat Highlights India's Coalition Politics (15 Jul 2008) India's feuding billionaire Ambani brothers, whose businesses make up about 5 per cent of the Asian giant's economic output, have taken political centrestage and underscored how a new government ally is already generating headlines. Bharti Telemedia In Trouble (14 Jul 2008) In a show cause notice, the I&B Ministry has asked Bharti Telemedia to furnish explanation failing which the govt could consider suspending the licence in its DTH venture. Economy Not Slowing Down: CII (14 Jul 2008) Strongly denying that economy is slowing down, CII President K V Kamath... MTN Going Back To Bharti? (14 Jul 2008) http://www.businessworld.in
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The South African media has started speculating that the country's telecom giant MTN could look at a "less controversial" deal with Bharti Airtel instead of Reliance Communications, a group firm of Anil Ambani because of his feud with elder brother Mukesh. Ambani Meets PM, Decries Demands For Windfall Tax (14 Jul 2008) With the Samajwadi Party gunning for RIL, company head Mukesh Ambani on Monday met the Prime Minister to explain how the demand for levy of windfall tax was bad economics. Govt Bars New Fuel Pumps By State Firms For 2 Yrs (14 Jul 2008) The government has stopped state firms from building new fuel stations for two years to cut costs at firms losing heavily from having to sell fuel at prices far below market rates. Fingers Crossed (11 Jul 2008) The 11-day extension MTN has given its chances of merger with Anil Ambani's Reliance Communications shows the South African telco's interest in the alliance.
Oil Surges To Record High (11 Jul 2008) Oil jumped more than 3 per cent to a record high above $146 a barrel on Friday, boosted by concern of threats to supplies from major oil exporters Iran and Nigeria Middle-Aged Seek Life After Wall Street (11 Jul 2008) When Lindsay North started working at Lehman Brothers 11 years ago she never expected that in her 40s... Industrial Growth Slows Down To 3.8% In May (11 Jul 2008) Industry continued to bear the brunt of rising interest rates as its growth plummeted to 3.8 per cent in May against 10.6 per cent a year-ago as both manufacturing and electricity generation rose by a decelerated rate. Annual Inflation At 11.89% On June 28 (11 Jul 2008) Inflation rose to 11.89 per cent mainly due to higher prices of essential food items and some manufactured products, which may prompt RBI to further tighten money supply in its July 29 quarterly review.
Environment: Blowing The Lid Off (11 Jul 2008) India’s biofuel policy may be influenced by the World Bank report Foreign Affairs: Turning A New Leaf (11 Jul 2008) Integrating with NATO will take France closer to the US Telecom: Pushing The Right Keys (11 Jul 2008) Internet protocol-based PTT may be the next big technology Politics: Fission Reaction (11 Jul 2008) The Prime Minister has thrown the country into a political mayhem Defence: Aiming Right (11 Jul 2008) Why the Indian Army does not want the indigenous Arjun MBTs Global News: Iran Gets Moving (11 Jul 2008) IAmid rising tensions with the US and Israel over Iran’s nuclear programme, Iran has test-fired nine missiles.... http://www.businessworld.in
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Special Economic Zones: Give-and-take policy (11 Jul 2008) The Goa government may have succeeded in prevailing upon the Central government to agree to roll back six... Company Law: Getting Away (11 Jul 2008) Many companies, especially big ones, are not filing annual returns... No longer a fugitive (11 Jul 2008) Samuel Israel — the convicted founder of hedge-fund firm Bayou Group... Philanthropy: Giving It All Away (11 Jul 2008) It seems self-made billionaires are choosing to give away their wealth to charitable causes rather than leaving it behind for posterity. Oil & Gas: Hard Truths (11 Jul 2008) Why India continues to struggle to acquire oil assets abroad Infrastructure: Catching Up With China (11 Jul 2008) With the Pan-African e-Network, India is making a mark in Africa Customs Duty: The Loopholes (11 Jul 2008) Many business houses are under the scanner for evading tax IT Firms Q1 Net Seen Up, US Slowdown A Worry (09 Jul 2008) Infosys and Satyam Computer are expected to raise their revenue guidance for the full-year to March, analysts said, adding they are keen to see evidence of new deals. RIL Top Indian Firm On Fortune 500; Tata Steel Debuts (09 Jul 2008) Reliance Industries has emerged as the top Indian company on the new Fortune 500 Global list, where the country's presence has grown to 7 firms with a debut by Tata Steel. MTN, RComm Extend Talks Till July 21, Shares Soar (09 Jul 2008) South Africa's MTN Group and Reliance Communications have extended exclusive talks on a potential combination to create a top-10 global telecom group. Oil Price Rise Casts Shadow Over G8 Summit (08 Jul 2008) Italy on Monday proposed increasing margin requirements on futures markets to deter speculative buying of oil, which Prime Minister Silvio Berlusconi said could reach $200 a barrel. Sensex Down 176 Pts As Politics, Credit Fears Hit Markets (08 Jul 2008) The markets two-day resistance to selling pressure was snapped on Tuesday with the benchmark Sensex closing lower by a significant over 170 points on fluid political situation, high crude prices and particularly weak global bourses where credit fears resurfaced. India Relying On Monetary Policy To Cool Demand (08 Jul 2008) "The best instrument to reduce aggregate demand is monetary policy and that's why RBI, the monetary authority, is the first line of defence," the finance minister said. RComm Spurns RIL's Conciliation Offer (07 Jul 2008) Spurning a bid by the Mukesh Ambani-led RIL to open conciliation talks on Monday, younger sibling Anil's RComm instead proposed a 'clarificatory' meeting next week. http://www.businessworld.in
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World Must Brace For Oil Beyond $150 (07 Jul 2008) Oil's meteoric rise since the start of the year to nearly $150 has distressed consumers and policy makers the world over, but the stark reality is prices are likely to rise higher. UTI Defers $480 Mn Share Sale Plan (07 Jul 2008) UTI Asset Management has put off plans for a $480 million share sale after falling stocks hit sentiment, joining about 10 other Indian firms, sources said. Markets Gain On Firm Global Cues, Sensex Up 72 Pts (07 Jul 2008) Markets closed in positive terrain for the second day in a row today, after days... Pharmaceuticals: Discounted Offer (04 July 2008) Sun's move is unlikely to find favour with Taro shareholders Politics: Small Car, Big Problem (04 July 2008) Bad politics could make the world's cheapest car cost more Environment: It's Action Time Now (04 July 2008) The new action plan on climate change is a mixed bag Internet: New Rules Of The Game (04 July 2008) New rules for domain names could open up the internet Retail: Divide And Rules (04 July 2008) A foreign partner could give Future Group the competitive edge it needs Pharma: Uneasy Access (04 July 2008) Indian pharma companies rank low in access to medicines Inflation: Blessing In Disguise (04 July 2008) While a huge din has been raised over the increased burden of the fatter equated monthly instalments (EMIs)... Insurance: Troubled Life (04 July 2008) Volatile markets have seriously affected the life insurance industry Global News: Coup De Grace (04 July 2008) Even as british mercenary simon mann stands trial in Equatorial Guinea... NELP-VII: Missing The Point (04 July 2008) The flip-flop over taxation has taken its toll on India’s prestigious seventh round of New Exploration Licensing Policy (NELP) with most global petroleum majors staying away from NELP VII. Telecommunications: Opening Up (04 July 2008) The government’s decision to ignore the myopic recommendation of Trai (Telecome Regulatory Authority of India) to limit the bids for offering 3G Inflation Rises To 11.63%, May Force RBI To Hike Rates (04 July 2008) Driven by higher prices of fruits and vegetable, cereals and some manufactured items such as iron and steel and edible oil, inflation grew to a new 13-year high of 11.63 per cent. http://www.businessworld.in
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Govt To Review Oil Prices In October (03 July 2008) The government is expected to review domestic fuel pricing in October, Petroleum Secretary M.S. Srinivasan said on the sidelines of the World Petroleum Congress in Madrid. No Threat From BlackBerry: Govt (02 July 2008) The government on Wednesday said there was no threat, whatsoever, from BlackBerry services, even as security agencies insist on intercepting data sent through the service as they fear it could be used by terrorists. India Needs To Tighten Monetary Policy: IMF (02 July 2008) The impact of surging food and fuel prices being felt globally is "not so big" in India but it needs to tighten its monetary policy, the International Monetary Fund has said. Inflation Prods Asia To Tighten Despite Slowdown (02 July 2008) Asia's economic growth is slowing as weaker global demand dents exports, but accelerating inflation is expected to pile pressure on central banks to tighten policy. Corporate Governance Not Getting Adequate Attention: PM (01 July 2008) Prime Minister Manmohan Singh on Tuesday cautioned corporate India that it will fail to compete without a worldwide recognition for good corporate governance, which he regretted is not getting adequate attention in the public discourse. No Change Since Last Policy Action: RBI (01 July 2008) Reserve Bank of India Deputy Governor Rakesh Mohan said on Tuesday that there was no material change in the factors influencing the economy since last week's tightening of monetary policy. OPEC Rejects Call For Oil Price Band; Sees Crude Hitting $170 (01 July 2008) Oil cartel OPEC on Monday rejected India's call for regulating crude prices through a price band, saying the market was the best judge and forecast prices climbing to $170 a barrel on summer demand in the US. Asia Factories Push Costs On To World's Consumers (01 July 2008) Soaring commodity costs are seeping through Asian factories to the world's consumers, slicing into Japanese manufacturers' profit and stoking inflation in China and India, surveys showed on Tuesday. Inflation Jumps Again To 11.42 Per Cent (27 Jun 2008) Pushed by higher prices of food articles including milk, cereals, tea, edible oils and some manufactured items like soaps and detergents, inflation soared to 11.42 per cent for the week ending June 14. Banks Rework Plans To Tide Over High Inflation (27 Jun 2008) Indian lenders are bracing themselves up for an economic slowdown and are revising their growth targets as demand for loans slowed down and spectre of fresh defaults loom large, senior bankers said. High Rates To Hit Realty Margins But Firms Say No Worry (27 Jun 2008) Indian real estate firms expect a hit on margins for the next few quarters as the central bank's move to raise interest rates this week will push up costs and keep potential buyers away from the market. Oil Jumps To New Record Near $142 (27 Jun 2008) Oil leapt to a new record high near $142 a barrel on Friday, extending gains after surging nearly 4% in the previous session, as tumbling markets triggered a commodities rally. No Shortage Of Oil In Markets: OPEC Chief (24 Jun 2008) OPEC President Chakib Khelil reiterated on Tuesday that there was no shortage of oil available on markets. Oil Too Slick To Pin Down (24 Jun 2008) http://www.businessworld.in
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India has arrayed alongside countries that challenge America’s diagnosis of why oil prices are shooting up reducing the possibility of hard measures to check the spurt. What RBI Could Do To Calm Prices (24 Jun 2008) The Reserve Bank of India is expected to tighten monetary policy soon, although governor Y.V. Reddy has indicated a tightening will be a carefully considered step. Shine Comes Off India's Economic 'Miracle' (24 Jun 2008) India's economic 'miracle' is being examined critically, as inflation hits a 13-year-high. Economists say the problems underline the dangers of complacency. Jeddah Deepens Oil Price Dialogue, But No Quick Fix (23 Jun 2008) World energy powers embarked on a new level of dialogue to try to rein in runaway oil prices at an emergency meeting in this Red Sea city... RBI 'Intensively Examining' Issues To Ease Inflation (23 Jun 2008) RBI Governor Y. V. Reddy said on Monday the apex bank "will play its part in moderating and managing aggregate demand so that pressures on prices are not intensified." India To Follow Up Oil Price Band Idea: FM (23 Jun 2008) India has said it will follow up its suggestion on having a price band for crude oil once the producing nations reflect on the idea, even as it asked them to step up oil output. Ten-plus Tempest (21 Jun 2008) Price panic clouds Cong nuclear push. Double-digit Days Are Back (21 Jun 2008) Inflation in Zimbabwe has rocketed to 1 million per cent and could hit 5 million per cent by October. How Inflation Takes More And Gives Less (21 Jun 2008) If you invest in stocks, have patience... PM, FM, RBI Governor Discuss Steps To Tame Inflation (21 Jun 2008) Reeling under relentless inflationary spiral, government and top Congress leadership got into action today to... At 11.05%, Inflation A Big Challenge (20 Jun 2008) Inflation on Friday shot up to a 13-year high of 11.05% fuelled by rise in fuel prices, giving no relief to the government from the spiralling prices in an election year. We Will Look At Stronger Measures To Curb Inflation: FM (20 Jun 2008) Attributing the surge in inflation to rise in administered prices of petroleum products... Pharmaceuticals: Of Gains And Pains (20 Jun 2008) What's behind the Ranbaxy-Pfizer deal on Lipitor? International Law: Triple Ripple Effects (20 Jun 2008) A troika of regulatory moves shake international markets Banking: For The Sake Of Formality (20 Jun 2008) The ABN Amro-RBS merger marks a new paradigm http://www.businessworld.in
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Oil: Playing It By The Ear (20 Jun 2008) Can Saudi Arabia help abate oil prices by increasing supply? Telecommunications: Wake-up Call (20 Jun 2008) Handset makers question the government's move on mobile ads Global News: Japan woos China (20 Jun 2008) The long-running spat between Japan and China on gas fields in... Land Acquisitions: The Official Route (20 Jun 2008) The Tamil Nadu government has said it will help Tata Steel acquire 10,000 acres of land for the company’s titanium... Sports: Short Notice (20 Jun 2008) Television viewers prefer Twenty20 To other forms of cricket Global Acquisitions: Chinalco's Appetite (20 Jun 2008) China’s state-owned aluminium giant Chinalco may raise its stake... Iron Ore: Politically Correct (20 Jun 2008) To control inflation and to stop exports of raw materials without any... Stockmarkets: Making Sense Of The Sensex (20 Jun 2008) The latest reshuffle leaves Ranbaxy as the only pharma stock in Sensex Ambani Spat Turns Uglier (19 Jun 2008) The war of words between the Ambani brothers over Anil’s plan to create a telecom giant through an alliance between RComm and MTN seems headed for the courtrooms. Hoping For A Miracle As Inflation Climbs (19 Jun 2008) With inflation in India reaching a seven-year high, people are looking for a miracle to help them cope with the sharp rises in the cost of food and other essential items. Siren Song Of Asia Infrastructure Lures Funds (19 Jun 2008) With trillions of dollars to be spent on infrastructure in China, India and other emerging markets, private funds are pouring into a sector with clear opportunities - and plenty of risk. Ranbaxy, Pfizer Pop Peace Pill (19 Jun 2008) "It is very clear that visible and invisible hands are controlling prices in a fake way...", Iran's President Mahmoud Ahmadinejad said in a televised speech on Tuesday. Inflation To Head Up, Ease By End-2008 (17 Jun 2008) Chief Statistician Pronab Sen has said that India's headline inflation rate is likely to hover at 8 to 9 per cent and will hit double digits before declining in the last quarter of 2008. Anil Bid To Blunt Mukesh Offensive (17 Jun 2008) The younger Ambani is principally relying on attorney general Milon Banerjee’s advice to the Centre in its dispute with Sterlite Industries over the sale of the rump stake in Balco. 'Market Full Of Oil, Price Trend Fake' (17 Jun 2008) http://www.businessworld.in
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"It is very clear that visible and invisible hands are controlling prices in a fake way...", Iran's President Mahmoud Ahmadinejad said in a televised speech on Tuesday. Anil, MTN Confront New Equation (16 Jun 2008) The RComm-MTN merger deal may have to be reworked to avoid legal complications posed by RIL's claim of the right of first refusal on any share sale of RComm equity. Anil, MTN Confront New Equation (16 Jun 2008) The RComm-MTN merger deal may have to be reworked to avoid legal complications posed by RIL's claim of the right of first refusal on any share sale of RComm equity. RComm Shares Falls Amid Family Feud (16 Jun 2008) Shares in Reliance Communications Ltd, India's No.2 mobile operator, fell more than 2 percent on Monday... No Thanks: Asian Refiners To Saudi Oil (16 Jun 2008) Refiners across Asia said they may not buy more Saudi crude, highlighting the kingdom's challenge in attempting to contain soaring markets by promising extra barrels. Guzzler Tax Drives In (14 Jun 2008) India has introduced a fuel-guzzler tax, making heavyweights of the road heavier on your pocket. Big cars will now cost Rs 15,000-20,000 more. Inflation Worries Hit Ahead Of US Data (13 June 2008) Inflation concerns undermined European stocks and lifted the dollar on Friday as financial markets eyed key US consumer price data due later in the day. Inflation At 7-year High (13 June 2008) Inflation raced to a 7-year high of 8.75 per cent for the week ended May 31, 2008 and could touch double digits... Indian Oil Firms Line Up $3 Bn For Iran Block Gas (13 June 2008) Indian oil firms plan to invest $3 billion to develop gas fields in Iran's Farsi block if Tehran gives the go-ahead, a source... Stockmarket: Little by Little (13 June 2008) Sebi finally gets tough on IPO scamsters, but it's not enough Land Regulations: Coastline Curbs (13 June 2008) The new notification has the coastal states see red Banking: The Triple Squeeze Play (13 June 2008) Banks are being squeezed on spreads and liquidity Banking: That Sinking Feeling (13 June 2008) Despite speculation, Lehman Bros is unlikely to go the Bear Stearns way Direct Taxes: Voluntary Pay (13 June 2008) Direct tax collections are up, despite fears of a slowdown Employment: Europe’s Brain Drain (13 June 2008) Sports: Money Talks (13 June 2008) http://www.businessworld.in
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Lalit Modi is betting on money to decide a player’s loyalty Monsoon: Awry Prediction (13 Jun 2008) Apartheid: Haunted By The Past (13 Jun 2008) Social Spending: Window Dressing (10 Jun 2008) The UPA government’s ‘achievement’ ads hide some hard facts Saudi Arabia For Urgent Global Meet (10 Jun 2008) Saudi Arabia has demanded an urgent meeting of oil producing and consuming countries to discuss the "unjustifiable rise" in fuel prices across the world. 'India Working For Doha's Demise' (10 Jun 2008) Accusing India of "working behind the scenes for Doha's demise", the US has said the WTO talks are not a "donor's conference" but require countries to take responsibilities. The Doha Dilemma: Full Coverage (10 Jun 2008) The World Trade Organization (WTO) is the only global international organisation dealing with the rules of trade between... Apple's New 'Cheap' iPhone (10 Jun 2008) Apple Inc has unveiled a next-generation iPhone with faster internet access that will run on advanced wireless networks and sell for as low as $199 - half the current entry-level price. Bharti Says To Bring 3G iPhone To India (10 Jun 2008) India's top mobile operator, Bharti Airtel, will bring Apple Inc's latest third-generation iPhone to India later this year, the firms said in a statement on Tuesday. Oil Dips After Record $11 Surge (09 Jun 2008) Oil fell by more than $1 on Monday as traders booked profits from crude's biggest one-day jump, but OPEC's resistance to pumping more oil kept prices near their latest record high. BSNL Slashes Rates (09 Jun 2008) State-run telecom major Bharat Sanchar Nigam today announced a 40-50 per cent reduction in STD charges of cellular services under its various plans. Reliance Comm, MTN Talk On Share-swap Ratio - Source (09 Jun 2008) India's Reliance Communications and South Africa's MTN Group are discussing the ratio for a share swap as... Give Sahara Financial A Fresh Hearing: SC To RBI (09 Jun 2008) The Supreme Court today kept in abeyance the action taken by RBI against Sahara India Financial Corporation and asked the bank to give the company a fresh hearing. Oil Crisis: Protests Around The Globe As Oil Prices Pinch (07 Jun 2008) Oil prices have doubled over the last year and risen 44 per cent this year alone, with US crude surging to a record high $139.12 a barrel on... Fuel Crisis: Oil Zooms Nearly 9% Higher To Record $139 (07 Jun 2008) Oil jumped nearly 9 per cent to a record $139 a barrel on Friday, extending a two-day rally to more than $16 as the slumping... FM Hints At More Steps To Curb Inflation (06 Jun 2008) http://www.businessworld.in
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Taking the BJP head on, Finance Minister P. Chidambaram on Friday said the.... Petrol, Diesel Prices To Be Cut By Re 1 (06 Jun 2008) The prices will be reduced if states agree to forego incremental sales tax revenues they stand to earn on this week's fuel price hike, the petroleum minister said. Oil Muddle: The story so far... (06 Jun 2008) After the hike in fuel prices in the wake of government's resource crunch, the Prime Minister asks Sports: A Whole New Ball Game (06 Jun 2008) IPL is a winner. Now, the game is to retain eyeballs Hospitality: Battle Royale (06 Jun 2008) Tatas want to up their stake in Orient Express Hotels even five months after bermuda-based Global Trade: Precariously Perched (06 Jun 2008) The Doha round is hinging on a ministers’ meeting in Paris Asarco: Sterlite’s Must Buy (06 Jun 2008) Despite hindrances, Asarco is too crucial for Sterlite to let go Banking: Hard Lessons (06 Jun 2008) Today’s subprime crisis can be compared with the crash of 1929 Global News: Obama Makes It (06 Jun 2008) Barack Obama has finally become the presumptive nominee of the Democratic Party... Media: Dangerous Times (06 Jun 2008) It’s been a bloody half-year for press freedom. According to the World Association of Newspapers... Automobiles: Second Choice (06 Jun 2008) In the classic battle between the vehicle maker and the consumer, it is the... Recognition: Reliance Goes Green (06 Jun 2008) Reliance Industries’ (RIL) Hazira Manufacturing division has won the Golden Peacock... Environment: Green Efforts (06 Jun 2008) It’s a move that hopefully, others will seek to emulate. Himachal Pradesh Chief Minister... Steel: New Realities (06 Jun 2008) Rising domestic demand could outstrip supply, eventually Inflation Rises, RBI Response Seen (05 Jun 2008) Inflation climbed to 8.24 per cent, a new high in 45 months, although essential food items such as fruits and vegetables... Airlines Fear 'Bankruptcy' Despite ATF Price Cut (05 Jun 2008) Airline insolvencies are no longer a distant nightmare for the Indian aviation industry, weighed down by rising operating costs despite jet fuel prices slashed by 4.3 per cent today. http://www.businessworld.in
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Infosys Eyes New Clients And Acquisitions (05 Jun 2008) Infosys Technologies is stepping up sales to new customers and will consider acquisitions in continental Europe, CEO Kris Gopalakrishnan has said. PM Admits Fuel Price Increases Will Be Unpopular (05 Jun 2008) Fuel price increases unveiled by the government on Wednesday were modest but will be... India Raises Fuel Prices, Provokes Protest (04Jun 2008) The government raised its petrol and diesel prices by about 10 per cent, curbing losses at its state-owned refiners but fueling inflation worries and a political backlash. Fuel Price Hike May Push Inflation Over 13-Yr High (04 Jun 2008) Inflation is bound to cross a 13-year high of nine per cent from the current level of 8.1 per cent, as a fallout of the sharp hike in fuel prices, economists said. Fuel Price Hike Decision Soon (03 Jun 2008) With consensus on raising petrol, diesel and domestic LPG prices still eluding, the Cabinet Committee on Political Affairs (CCPA) will meet early Wednesday morning. Inflation Already Seen At 9% Despite Official Data (03 Jun 2008) India's annual inflation rate is probably near 9 per cent, close to a 13-year high, and will top RBI's comfort zone as the impact of rising prices seeps deeper into the economy. Identity Crisis Confounds MTN Deal (03 Jun 2008) R-Comm may have to pay a hefty premium to MTN, though the Anil Ambani-firm may hope to get less than full control or, at best, indirect control of the South African telecom giant. Fuel Price Hike Imminent; Govt Searching For Consensus (02 June 2008) The Prime Minister today said consumers cannot be fully insulated from the impact of rising global oil prices, even though a consensus eludes the government on the issue. Play Your Expected Role: PM To Rich Nations (01 June 2008) India today flayed the developed countries for strengthening forces of protectionism and asked them to reciprocate offers from emerging economies to boost global economy. India Eases Overseas Debt Norms For Service Firms (01 June 2008) The govt has allowed service sector firms to agree overseas borrowings of up to $100 mn in another attempt to shore up the rupee. Experts say this would deepen the debt markets. Inflation Leaps To 8.1 Per Cent (30 May 2008) Inflation galloped to a 45-month high of 8.1 per cent, whipped up by costlier edibles and industrial fuel as government measures appeared to have little control on rising prices. 8.1 Per Cent Is A Worrisome Inflation: Chidambaram (30 May 2008) Describing inflation at 8.1 per cent as worrisome, Finance Minister P. Chidambaram on Friday said steps will be taken to moderate and reverse India Records 9% Growth Rate For Third Year In Row (30 May 2008) The 9 per cent growth rate follows the 9.6 per cent economic growth rate in 2006-07 and 9.4 per cent in 2005-06. The high GDP growth comes amidst worries of inflation. Oil Pricing: A Crisis Looms (30 May 2008) http://www.businessworld.in
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Rising global crude oil prices are bleeding domestic oil companies Profile: The Strategist (30 May 2008) During Sarin's five-year tenure, Vodafone shares gained 40 per cent Global News: Lebanon Gets Prez (30 May 2008) The Lebanese can finally celebrate an end to a political crisis that... Labour Unions: Beyond boundaries (30 May 2008) It seems that organised labour is finally following in the footsteps of global... Pharmaceuticals: Price Control (30 May 2008) Medicines sold at organised retail stores may soon be cheaper... Strange But True: Myanmar's Dark Secret (30 May 2008) Myanmar’s cyclone may have left an estimated 134,000 people dead and... Aviation: Turbulent Times (30 May 2008) Rising fuel prices threaten to trigger a shakeout in the domestic... Education: Action Time (30 May 2008) British universities are increasing intake of students from poor families Global Economy: Crisis? What Crisis? (30 May 2008) Is the 'bonus culture' to blame for the higher risks in the financial industry? Pharmaceuticals: Side Effects (30 May 2008) Is this the end of the road for the decade's first anti-smoking drug? Economy: A Bleak Prognosis (30 May 2008) CII’s survey paints a gloomy picture of business confidence WTO: Discordant Symphony (30 May 2008)m Doha talks are likely to remain just that — talks, for some time Automobiles: Heart Of The Matter (30 May 2008) The Logan now hopes to connect emotionally with consumers Oil Company Signal To Reduce Supply (29 May 2008) Rationing of petrol and diesel may not be here yet but get ready for "restriction". IOC chairman Sarthak Behuria has said, "We will have to restrict the sales to a reasonable level." Decision On Fuel Price Hike By Saturday (29 May 2008) A hike in fuel prices looks imminent by the weekend after the Prime Minister today finalised details of a package to bail out oil firms reeling under high global oil prices. RComm Jumps; Macquarie Says MTN Deal Positive (29 May 2008) Shares in Reliance Communications, which is in talks with South Africa's MTN, rose more than 6 per cent on Thursday after a brokerage said the deal was positive. http://www.businessworld.in
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Emerging Markets Challenge New Vodafone CEO (28 May 2008) After grappling for two years with mature European markets, Vodafone's new boss will have to turn his sights on booming emerging economies where customers could cut spending as food prices rise. Vodafone CEO Sarin To Go (27 May 2008) Arun Sarin will be replaced at the world's largest mobile phone company by revenue by his deputy chief executive and head of the European business, Vittorio Colao. Govt May Levy Cess To Bail Out Oil Firms (27 May 2008) The new proposal follows the finance minister's reluctance to cut duties on crude oil and petroleum products unless alternate source of revenues are identified. Fuel Price Rise Unlikely This Week (26 May 2008) Meanwhile, the government is believed to be considering decontrolling petrol prices, a move that may see rates being hiked by Rs 16-17 a litre. Late & Way Off, New Airport Says It With Roses (26 May 2008) Flying into Bangalore? Get ready for a swathe of green and an unfamiliar skyline of low hills. Welcome to Bengaluru International Airport at Devanahalli, 40km from the city. Reliance Comm Quick To Fill Void, In Talks With MTN (26 May 2008) Reliance was quick to fill a void left after its bigger rival, Bharti Airtel, pulled out of talks at the weekend aimed at taking control of MTN, sub-Saharan Africa's biggest mobile operator. Slowdown? Don’t Bet On It (26 May 2008) Despite rising oil prices and a slump in rupee, India’s economy has been on a rip-roaring run for the last four years and its sheer momentum is still carrying it forward. Bharti Accuses MTN Of Deviating From Agreed Terms (24 May 2008) Bharti Airtel has ended talks with South Africa's MTN Group after failing to reach an agreement on the structure of what would have been the world's sixth-largest mobile operator. Inflation Remains Over 7.8 Per Cent (23 May 2008) Inflation's record run remained little changed at 7.82 per cent as of May 10, but a fall in... Fuel Price Increase Inevitable (23 May 2008) An increase in the domestic fuel prices is inevitable in the face of surging crude rates, and the government will work out the extent of the rise later in the day... Coal: A Conflict Of Interests (23 May 2008) Corporate India says it is getting a raw deal from Coal India Pharmaceuticals: Talent Discovery (23 May 2008) R&D chiefs are leaving pharma companies in large droves Esmark: Who'll Blink First? (23 May 2008) Essar's bid for the US steel firm Esmark is fraught with hurdles
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IN THE NEWS
Currency: Downward Streak (23 May 2008) The rupee, over the past year, has shown no secular trend Carbon Trading: In The Name Of Green (23 May 2008) Governments find innovative incentives to convert to green Reliance Industries: Retail Wave (23 May 2008) RIL's second brush with the consumer space is poised to succeed Global News: Violent Africa (23 May 2008) Immigrants are not safe in South Africa, which which has about... Diplomacy: Visa Over Coffee (23 May 2008) India’s infamous babudom can draw some inspiration from this. India’s Ambassador... Education: Bilingual Way (23 May 2008) English rules in India. This belief has been reinforced by a recent survey released... Dealing With Terror: US Dilemma (23 May 2008) US’s controversial detention centre in Cuba, Guantanamo... Hollywood: Entertainment Value (23 May 2008) Reliance big entertainment’s (RBEL) recent $1-billion Hollywood foray is the biggest... Telecom: Service Issues (23 May 2008) When it comes to repairs, consumers are at the receiving end Media: Fine Print? (23 May 2008) Why the media always go wrong while reporting on Nepalese Oil & Gas: Pay Premium (23 May 2008) Oil companies are pushing premium petrol in metros Eye On India: SBI's Volte Face (23 May 2008) India’s top lender, State Bank of India, has recalled its 16 May circular Consumer Goods Firms Hike Prices (22 May 2008) India's consumer goods companies are hiking prices across categories as they battle rising costs of commodities such as steel, copper and oil, which are inputs for their products. 'Inflation To Fall In A Few Months' (21 May 2008) Planning Commission Deputy Chairman Montek Singh Ahluwalia said the inflation rate will decline significantly by September. "We need to be patient." http://www.businessworld.in
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India's IT Growth To Fall On Western Slowdown (21 May 2008) Growth in India's information technology sector will slow due to a slowdown in the West but should still reach 22 to 24 per cent this financial year BlackBerry Row: RIM Offers Conditional Solution (20 May 2008) The Canada-based RIM is understood to have agreed to pass on sensitive data to the government but with a condition that DoT takes responsibility in case of a loss to any user. New WTO Texts Leave Little Space For India's Farmers (20 May 2008) Fresh WTO proposals for a global trade deal leaves India and other developing countries with little policy space to protect their farmers, a senior official has said. Top Execs Can Be Sued For Cheque Bounce: SC (20 May 2008) The liability can be fastened on the top executives when the complainant makes specific averment (charge) against such individuals in the complaint, the Supreme Court said. Euro's Next Stage Raises Political Challenge (19 May 2008) EU's Monetary Affairs Commissioner has said that the countries that share the euro must now speak with one voice externally to increase their potential growth and global clout. RBS Taps ABN Veterans For India Investment Banking (19 May 2008) Investment banks battered by the meltdown of credit markets in the West are counting on dealmaking in big emerging markets to offset sluggishness elsewhere. India's Rice Export Curbs May Hit Winter Harvest (16 May 2008) India's winter harvest of rice could shrink 5 per cent this year if some farmers switch to oilseeds on worries that export curbs could lead to lower prices. Automobiles: Small Is Getting Big (16 May 2008) The small car has captured the imagination of car makers Pharmaceuticals: Speedbreakers Ahead (16 May 2008) A new patent bill draws sharp criticism from NGOs Health: It’s In Your Genes (16 May 2008) Findings of a new study may lead to better treatment of obesity Media: IPL’s New Winner (16 May 2008) IPL is proving to be a long-term money-spinner for SET Pharmaceutical: Buy 'n' Forget (16 May 2008) Ranbaxy's investment in Shimal raises questions of timely disclosure Global News: Border Diplomacy (16 May 2008) Chad closed its border with Sudan on 12 May, ramping up tensions between the neighbours after Khartoum accused... Commodities: Stench Of Wheat (16 May 2008) In a general resolution on 9 May, the Maharashtra government allowed its district collectors to issue tenders inviting wheat flour mills to purchase about...
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IN THE NEWS
i-Phone: Flexible Strategy (16 May 2008) The opposition to Apple Inc.’s exclusive arrangement to offer iPhone with a single service provider in Europe and Australia... The Billionaire Club: Striking It Rich (16 May 2008) Former Nintendo Chairman Hiroshi Yamauchi has overtaken property developer Akira Mori to... Aviation: China's Lofty Dreams (16 May 2008) It seems that China aspires to self reliance in everything it needs. The country’s latest move to... Industrial Production: Slowing Down (16 May 2008) The latest IIP numbers reaffirm industry's concerns about a slowdown Defence: New Lifeline (16 May 2008) Akash could give the defence industry a much-needed fillip Telecom: A Question Of Valuation (16 May 2008) Why investors find the privately-held Tata Tele's stake attractive Eye On India: Missile Woman (16 May 2008) In a first, the Defence Research and Development Organisation (DRDO) has appointed a woman scientist to head its missile project. Tessy Thomas... Global Farm Lands: The Next Wave (16 May 2008) China is buying farm lands abroad to ensure food supplies at home PetroMin Seeks Rs 44,000 Cr Oil Bonds, No Says FinMin (14 May 2008) The finance ministry has turned down the demand of the petroleum ministry to issue oil bonds worth Rs 44,000 crore to partially offset losses suffered by oil marketing companies. Devote Time To Security And Not Always Targets: Govt to Cos (14 May 2008) The government has asked critical PSUs and top corporate houses to devote more attention to security around their installations to ward off elements dangerous to the country. 'Soaring Rice Prices A Global Danger'(14 May 2008) The current spike in world rice prices could be devastating, even if it only lasts for a few months, and will leave African nations vulnerable to unrest... Telecom Tycoon Sunil Mittal Makes Overseas Call (14 May 2008) If Sunil Mittal's deal with South Africa's MTN Group comes through, it could dwarf Tata Steel's $13 billion buy of Corus last year, and catapult Mittal into India's top league. Govt To Take Administrative Steps To Bring Down Prices (13 May 2008) Under constant attack over price rise, Finance Minister P. Chidambaram has said that the government would take administrative steps to bring down cement and steel prices. http://www.businessworld.in
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India Backs DoT on BlackBerry, Asks RIM To Cooperate (12 May 2008) India has subtly told Canada not to doubt the sincerity of DoT's efforts to help RIM, the makers of BlackBerry, in resolving the security issues raised by local authorities. India's Green Revolutionary Is Back In Spotlight (12 May 2008) Forty years after he helped rescue the world from growing famine and a gloom over the future of food supplies, M.S. Swaminathan is once again agitating for revolution. Looking For China's Infosys (12 May 2008) China's software sector is booming but its small size and lack of experience mean it will be years before it threatens Indian rivals such as Infosys. IT Firms Eye Emerging Markets As US Slows (12 May 2008) India's export-driven software services companies are shifting focus to emerging economies, such as the Middle East and Africa, where technology spending is growing twice as fast as in developed countries. Pharmaceuticals: Who’s To Blame? (09 May 2008) The heparin case could have repercussions for Indianfirms Sugar: A Bitter Pill To Swallow (09 May 2008) Maharashtra sugar co-operatives are in deep trouble Telecom: Getting Trampled (09 May 2008) The consumer is the biggest loser in inter-company feuds. Banking: In Whose Interest? (09 May 2008) Despite surplus liquidity, lending rates have not come down Telecom: Tough Call (09 May 2008) If Bharti buys MTN, it will be corporate India's biggest acquisition Global News (09 May 2008) After years of strained relations, caused by rows over wartime history and offshore... Hedge Funds: Hot Coffey (09 May 2008) For those pinstripe-wearing market-watching tribesmen, shaggy haired... Beijing Olympics: The Outsiders (09 May 2008) In China, where outsiders were always welcome, the immigration bureau. Recognition: Bharat Ratan (09 May 2008) Tata group Chairman Ratan Tata is all set to receive the country’s second.... Microsoft-Yahoo!: Unsung Swan Song (09 May 2008) On 1 February, Microsoft announced the largest ever offer in tech history for Yahoo!. A grand... Steel: Prices Bend (09 May 2008) Steelmakers agree to lower prices to help the government cool inflation http://www.businessworld.in
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Private Equity: More Deals, More Heads (09 May 2008) PE shops sniff around for fresh talent as they increase their footprint Media: One More Launch (09 May 2008) The Viacom-TV18 team is muscling into a very crowded space vrooming onto Global Biz: iPhone's In India (09 May 2008) UK-based Vodafone has won the rights to sell Apple’s iPhone... More Steps On Cards To Ease Inflation: Govt (08 May 2008) After banning futures trade in four farm commodities and persuading steel producers to slash prices, the government has said more measures were in the offing to curb inflation. OPEC Sees No Oil Shortage, Would Pump More If Needed (08 May 2008) Secretary General Adbullah al-Badri said that the 13-member OPEC holds more than 3 million barrels per day of spare production capacity for use if needed. 'IPL Is An Unscripted Soap Opera' (06 May 2008) Stefan Szymanski, a sports economist and associate dean at London's Cass Business School, is in India to study the IPL format. He says the broadcasters could emerge as the real winners if they get the technology right.
IN THE NEWS
Don't Disengage From Agriculture, India Tells ADB (06 May 2008) India has bluntly told the ADB that it is inappropriate for the institution to disengage itself from agriculture at a time when rising food prices is hurting the poor the most. Still Open To Microsoft Talks: Yahoo! CEO Jerry Yang (06 May 2008) We were negotiating a way to find common ground and then on Saturday they chose to walk away: Yang. Real Estate: Back-Door Entry (01 May 2008) Investment by foreign funds into realty may cause a spurt in prices. Sugar Saga: Sweet Bid (01 May 2008) PM in a fix over approving the proposal to decontrol sugar Global News: Bush Bash (01 May 2008) US President George W. Bush called the farm bill by Congressional negotiators... Public Transport: Uncertain Corridor (01 May 2008) Delhi’s dedicated bus corridor, Bus Rapid Transit (BRT), has had a baptism by... UK House Prices: Feeling The Squeeze (01 May 2008) UK house prices fell in April from a year earlier, the first such decline since 1996... http://www.businessworld.in
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Wi-Fi Zone: Web Options (01 May 2008) After Pune, the first city to offer free Wireless-Fidelity (Wi-Fi) internet access in Media: Old Hand, Old Game (01 May 2008) The debate around the ouster of The Wall Street Journal’s Managing Editor Marcus... Stock Exchange: Turning Tide (01 May 2008) Brokers now have to provide daily reports on collateral to investors Print Media: No Cause For Celebration (01 May 2008) Readership for most English dailies has gone down in the last year Politics: Reality Television (01 May 2008) A minsiter pushing for a wider base for TV ratings says he was threatened Global Biz: Averting Crisis (01 May 2008) The US needs to spend $170 billion more each year on transportation infrastructure... Information Technology: Help From Above (01 May 2008) One more year of tax holiday is godsend for IT companies signalling temporary relief for the IT Internet: Someone’s Watching (01 May 2008) Phorm’s tracking technology raises questions of privacy Healthcare: Bitter Medicine (01 May 2008) New’ drug policy may hot up spat between government and firms Environment: Auditing Emissions (01 May 2008) Size of carbon footprint depends on where you live Fed Lowers US Rates, Hints Cuts May Be At End (01 May 2008) The Fed, however, kept its options open and nodded to ongoing financial market stress, leaving some market participants guessing rates could still move lower. Stockmarket: IT Stocks Rally On Tax Holiday Extension (29 April 2008) Shares in India's leading export-driven software-services companies, including... Economy: India Acts To Quash Inflation, Secure Food Supplies (29 April 2008) Shares in India's leading export-driven software-services companies, including Infosys... Highlights: RBI's Annual Policy (29 April 2008) Key points from the RBI's annual policy statement released on Tuesday. RBI Raises CRR To 8.25%, Other Rates Steady (29 April 2008) The RBI has warned it would act swiftly to curb any signs of "adverse developments" in inflation expectations. IMF Staff Buyout Draws More Interest Than Expected (29 April 2008) Emerging markets are very likely the next bubble, but don't let that stop you, says James Saft http://www.businessworld.in
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How To Stop Worrying And Love Emerging Markets (29 April 2008) Emerging markets are very likely the next bubble, but don't let that stop you, says James Saft Buffett: US Recession May Be Worse Than Feared (29 April 2008) On Wednesday, the US Commerce Department is expected to say how fast the economy grew in the first quarter. RBI: Fiscal Steps Help But Price Risks Remain (28 April 2008) The RBI has said that a slew of steps taken by the govt to contain price pressures in the economy should help curb inflation, but risks from high oil prices remained. Indian Shares Fall Ahead Of RBI Rate Review (28 April 2008) No one wants to take positions before the review. Even the institutions have kept quiet. Over all, the market is slightly cautious, says an analyst Mortgage Payments: US Middle Class Taps Nest Eggs To Keep Homes (28 April 2008) Trapped by rising mortgage payments and falling house values, several middle-class US homeowners are tapping into their retirement nest eggs to ward... Economy: Fashion Trends In An Uncertain US Economy (28 April 2008) Recession or no, middle-class fashionistas are dressing fashion forward. Economy: Why Have Rice Prices Surged To Record Highs? (28 April 2008) With only 30 million tonnes traded annually, govt supply curbs have spooked importers at a time when global stocks have halved since hitting a record high in 2001.. Telecom: Dynamic Change (25 April 2008) Revised M&A guidelines have brought out new concerns for telecos Private Equity: New Avenues (25 April 2008) PE funds are increasingly investing in media and entertainment companies Social Networking: Finding Space In India (25 April 2008) Be first. That’s the general thumb rule for social networking sites, because once the first mover gets a foothold... Defence: High Stakes (25 April 2008) The great indian helicopter deal is up in the air again, only much... US Elections: The Comeback Lady (25 April 2008) Hillary clinton’s victory over barack Obama in Pennsylvania’s primary... Olympics: China Gets Going (25 April 2008) Concerned at the rise in global popular support for the Tibetan cause... Nepal: Threat Factor (25 April 2008) Despite the threat perception, a Maoist Nepal is unlikely to worry India Iran Pipeline: Chasing A Pipedream (25 April 2008) A fresh wave of discussions has put the IPI pipeline project back in focus http://www.businessworld.in
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Environment: Second Green Revolution (25 April 2008) India's green movement has got a fresh momentum Global Biz: Growth Deals (25 April 2008) Despite the ongoing turbulence in the world financial markets, companies... Retail: Now, At A Discount (25 April 2008) Big retail plans teeter, but sentiments remain bullish Commodities: Warehouse Banking (25 April 2008) ICICI Bank renews interest in collateral management Volcanic Cure (25 April 2008) French clay holds promise against staph bacteria, reports Gauri Kamath. Infosys To Invest Rs 500 Cr In Bengal (24 April 2008) Finally, it is official. Infosys Technologies will invest Rs 500 cr in West Bengal with the company signing an MoU with the state govt for 90-acre land. Markets Snap Six-day Winning Streak (23 April 2008) Brokers said trend in other Asian bourses were positive but investors here preferred booking profits at existing higher levels or they squared off their positions before the April contract of Futures & Options ends. No To BlackBerry, Government Tells Tatas (23 April 2008) The government has asked Tata Teleservices not to offer BlackBerry services unless the required monitoring system being insisted for by security agencies is put in place. Pre-merger Approval Must For Telcos: DoT (23 April 2008) The government today made mergers and acquisitions in the telecom sector difficult, by making it mandatory for companies to obtain pre-amalgamation approvals. Mumbai's Infrastructure Woes (23 April 2008) Efforts are underway to modernise Mumbai's infrastructure, but observers say the massive sums of money involved are just a drop in the ocean. More Fortune Cos Have CEOs Of Indian Origin (23 April 2008) As many as 10 Fortune firms are now headed by CEOs of Indian origin, but the cumulative profits of these entities is down by half during this periods. Asia Food Export Curbs Unwise, Over-Reaction: ADB (22 April 2008) Asian governments are over-reacting to surging food prices by resorting to market-distorting export curbs and they should use fiscal measures instead to help the poor, the Asian Development Bank (ADB) said on Tuesday. Indian Vehicle Makers To Post Mostly Lower Profits (22 April 2008) India's top vehicle makers are set to post mostly lower quarterly net profits as high commodity prices and interest rates weighed on margins and slowed sales in Asia's third-largest economy. Chidambaram Hopes For 8-9% 2008-09 Growth (22 April 2008) Finance Minister Palaniappan Chidambaram has said that "anything between 8 per cent and 9 per cent" economic growth this fiscal year would be good and that further export bans could be considered as a way to drive down inflationary expectations. http://www.businessworld.in
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High Oil Price Dampening World Growth: IMF's Lipsky (22 April 2008) Record high oil prices around $117 a barrel are slowing world economic growth, John Lipsky, first deputy managing director of the Internation Monetary Fund (IMF), said on Monday. Markets Discount CRR Hike, Sensex Up 258 Pts (21 Apr 2008) Marketmen said strong global cues and expectations of robust earnings by India Inc helped discount the concerns over implications of a hike in the mandatory deposits the commercial banks need to keep with RBI.
IN THE NEWS
Markets Discount CRR Hike, Sensex Up 258 Pts (21 Apr 2008) Marketmen said strong global cues and expectations of robust earnings by India Inc helped discount the concerns over implications of a hike in the mandatory deposits the commercial banks need to keep with RBI. Rupee At 3-Week High After Central Bank Move (21 Apr 2008) The rupee rose to a three-week high on Monday, as banks unwound long positions after the central bank increased reserve requirements to fight inflation. Political Will Needed To Halt Food Price Surge: FAO (19 Apr 2008) The FAO has warned that food riots will spread unless world leaders take major steps to reduce prices for the poor. Wall St Braces For Tens Of Thousands Of Pink Slips (18 Apr 2008) Everything from Manhattan real estate prices to high-end restaurants and private car services could come under severe pressure, as highly paid investment bankers and traders face job losses. Oil Hits New Record $117 A Barrel (19 April 2008) A sharp fall in China's stockmarket on Friday spurred concerns over a possible economic slowdown in China, the world's second largest consumer of oil. Political Will Needed To Halt Food Price Surge: FAO (19 April 2008) Governments cannot rely on market forces to counter soaring world food prices and will need political will to boost agricultural production, the UN Food and Agriculture Organization (FAO) chief said on Friday. Health & Fitness: For Whom The Bells Toll (18 Apr 2008) Another report links brain tumours to mobile phones Environment: The Valley's Fault Lines (18 Apr 2008) The Valley sits on a bomb and its ripples can shake the world Information Technology: Marriage Of Convenience (18 Apr 2008) The noise around the prospects for a merger is reaching a crescendo Metal Prices: Price Of A Strategy (18 Apr 2008) User industries are at the receiving end of Hindalco's pricing strategy Animation: Growing Up (18 Apr 2008) http://www.businessworld.in
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Turner has realised that it needs an Indian partner to grow in India Stockmarkets: Creative Adventure (18 Apr 2008) A recent advertisement in news-papers by Sharekhan — one of the largest brokerage firms in India — has raised... Saving The Turtles (18 Apr 2008) Tata’s proposed port in orissa has environmentalists crying foul. A coalition Olympics: Carbon Games (18 Apr 2008) In an effort to host a Green Olympics, Beijing’s Organizing Committee for... Aviation: Larger Than Life (18 Apr 2008) The proposed merger between Delta Air Lines and Northwest Airlines will... Stockmarkets: Fair Pay (18 Apr 2008) FIIs want to get the Sebi order on cash market trade margins rescinded Farmer Suicides: The Agony Continues (18 Apr 2008) Despite loan waivers, farmer suicides continue unabated Environment: Emission Standards (18 Apr 2008) China has surpassed the US as the world's largest carbon emitter RFCL Launches First Pharma Plant Haridwar (17 Apr 2008) RFCL has formally launched its first maufacturing plant in Haridwar. Why Is Bush Miffed With India And China? (17 Apr 2008) The US President has said any new climate pact cannot spare growing economies like India and China from fulfilling binding targets to cut greenhouse gas emissions. Inflation Falls From 3-Year peaks, Risks Remain (17 Apr 2008) IT and Communications Minister A. Raja said the small and marginal enterprises should not suffer. Govt May Extend Tax Holidays For Small IT Firms (17 Apr 2008) IT and Communications Minister A. Raja said the small and marginal enterprises should not suffer. Govt Warns Of Tough Steps To Check Inflation (16 Apr 2008) Accusing the cement and steel industry of entering into cartels to exploit consumers, the finance minister warned of tough measures to check rising prices. India less Vulnerable To Global Turbulence: Y.V. Reddy (16 Apr 2008) The RBI governor said the money, government securities and foreign exchange markets may not be vulnerable in terms of direct and first-round effects. Orissa Assigns Land For Arcelor Mittal (16 Apr 2008) Officials in Orissa said on Wednesday they had earmarked 7,000 acres of government and private land for a steel project proposed by Arcelor Mittal. Oil Hits Record High Of $114.41 A Barrel (16 Apr 2008) http://www.businessworld.in
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Marketmen said investors, awaiting a major trigger in the fourth quarter earnings, were enthused with Infosys's announcement raising hopes of a robust earning season. Infy Results Lift Market Sentiments (15 Apr 2008) Today's price is more than three times the average price of 2002, when oil's rally began. Infosys Sees Challenges, Strong Growth Momentum (15 Apr 2008) Infosys Technologies reported a near-10 per cent rise in profit and gave a confident medium-term outlook despite a slowing US economy hitting outsourcing deals. Asian Growth Resilient But Markets Fragile (15 Apr 2008) A survey shows that China and India are slightly more bullish than three months ago, viewing that recent market corrections provided buying opportunities. Food Prices: Hits Where It Hurts Most (15 Apr 2008) The World Bank and the FAO has warned that rising food prices could push 100 million people into deep poverty and hit hard the poorest countries. Paswan Seeks Ban On Steel Exports, CCP To Decide (12 Apr 2008) The recommendation for the ban will top the agenda of the Cabinet Committee on Prices meeting next week. Paswan Seeks Ban On Steel Exports, CCP To Decide (12 Apr 2008) The recommendation for the ban will top the agenda of the Cabinet Committee on Prices meeting next week. What Will Doha Really Do For World Food Prices? (12 Apr 2008) Experts say any price boost from a Doha agreement would be dwarfed by the boom on commodity markets, awash in massive inflows of investment money and other issues. Inflation Casts Shadow On FTP (11 Apr 2008) Fighting surging prices, the government today banned cement exports and withdrew incentives on steel. Inflation Leaps To Highest Since Nov 2004 (11 Apr 2008) Unabated rising prices of vegetables, food articles and steel pushed inflation to a 40 month high of 7.41 per cent, increasing the odds of the Reserve Bank tightening policy. Environment: Horn Not OK Please (11 Apr 2008) Mumbai's bid against noise pollution is worthy of emulation. Stockmarket: Direct Benefits (11 Apr 2008) Direct market access offered to exchanges has opened new doors Taxation: Paid Privilege (11 Apr 2008) A new tax may make some wealthy residents leave the UK Defence: War Of Words (11 Apr 2008) Boeing's stand on USAF-EADS deal has portents for India Telecom: Virgin Temptations (11 Apr 2008) Will Virgin's marketing strategy work in India? http://www.businessworld.in
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Real Estate: Correction Course (11 Apr 2008) A liquidity crisis is looming large, but that's good for consumers India-Africa Summit: Me Too... (11 Apr 2008) India needs a lot of catching up to do to stand up to China Global News: Hopes Dashed (11 Apr 2008) The fate of the ailing French-Colombian politician, who has been held hostage by the... Chinese Funds: Rules Of Origin (11 Apr 2008) Barely a week after us presidential hopeful Hillary Clinton said that China was buying too many US Treasury... Samsung: Salvaging Reputation (11 Apr 2008) Samsung’s swelling global reputation has deflated with the news that... Business Bytes: Raid at Hiranandani (11 Apr 2008) Mumbai-based real estate company Hiranandani Group is under a cloud. On 8 April, the... Real Estate: Home Truths (11 Apr 2008) As consumers continue to search for affordable housing, Maharashtra became... Stockmarkets: Closing Gaps (11 Apr 2008) Sebi's new chairman Bhave is serious about investors' money Pharmaceuticals: Entry Strategy (11 Apr 2008) The threat of a takeover might force Orchid to think of a partnership Advertising: Spotting The Difference (11 Apr 2008) Advertising clients think there is too much focus on television and print World Wide: Wired Countries (11 Apr 2008) Denmark is the most networked economy in the world, followed by Sweden and Switzerland, according to The Global... SC Upholds 27 per cent For OBCs In IITs,IIMs (10 Apr 2008) The Supreme Court today upheld the Constitution amendment law providing for 27 per cent quota for OBCs in IITs, IIMs and other Central educational institutions but excluded the creamy layer from the benefit. World Bank Says Higher Food Prices Here To Stay (10 Apr 2008) Surging global food costs are not a temporary phenomenon and prices are likely to stay this way until 2015 for most crops, the World Bank has said. H-IB Visa Aspirants Exceed Quota, Lottery To Be Held (09 Apr 2008) Announcing that the cap for fiscal year 2009 had been met, the US Citizenship and Immigration Services said it would "carry out the computer-generated random selection process" at a date to be determined. Oh! How We Miss The Noise (09 Apr 2008) Maisamma's ears can't stand it. The sound of silence is as unbearable as it is unfamiliar. Since the Begumpet airport closed down two weeks ago, the elderly woman in... Fruits, Vegetables To Be dearer Through Summer (09 Apr 2008) http://www.businessworld.in
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Fruit and vegetable prices, up a fifth in the last one month and adding to rising inflation, are likely to climb further in the next three months on restricted supply, traders said.
Emerging Markets Not Safe From Financial Crisis: IMF (08 Apr 2008) The IMF has said that despite strong external positions, some concerns have arisen about dollar funding in Asia, particularly in Korea, Taiwan, and to an extent, in India.
India Should Open Bond Market, Target Inflation (7 April 2008) India should give the RBI the single objective of controlling inflation and open its corporate and government bond markets to more foreign inflows...
Inflation Soars To 3-yr High, Pressure Builds (05 Apr 2008) Inflation raced to its highest in more than three years in March, data showed on Friday, pulling down the stockmarket and sending bond yields...
Markets Tumble On Inflation Fears (04 Apr 2008) Traders said the markets were gripped with fears that the inflation would lead to further stringent monetary measures, including a hike in cash reserve ratio.
Inflation: Checks And Balances (04 Apr 2008) In a poll year, expect only populist measures
Environment: Wooden Dwellings (04 Apr 2008) Can Rs 1.5 crore wood houses become a fad in India?
IPL-ICL: Battle Of The Leagues (04 Apr 2008) ICL bats on despite IPL's spell on public imagination
ICAI: All Pain, No Gain (04 Apr 2008) Firms lose sleep over having to account for derivative losses
India-China: Business As Usual (04 Apr 2008) The protests in Tibet won't dent China's economic prospects in India
Full-Year Results: Anxious Times (04 Apr 2008) Full-year results could influence the trajectory the markets will take
Monsoon: Waiting For The Rain (04 Apr 2008) Agriculture production of any country depends on the weather forecast, as it determines...
Education: For A Fee (04 Apr 2008) http://www.businessworld.in
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IIMs will continue to be the cheapest option to do a global MBA
Trade Malpractice: The Real Victim (04 Apr 2008) New York-based Lehman Brothers Holdings, the fourth largest US securities...
Automobile: The Bric Advantage (04 Apr 2008) North America is no longer the world’s largest car making region. According to the...
Telecommunications: Enduring The Short Menace (04 Apr 2008) NDNC does not effectively address the issue of spam SMSes
The Cost Of Bad Governance (04 Apr 2008) The cost of bad governance can be confusion and fear. Neither is good for any market, especially...
Chevalier Award: French Love (04 Apr 2008) This is the second time the French award comes to the M&M stable
Govt Eases Sharing Rules For Wireless Operators (1 April 2008) The govt today allowed telecom operators to share transmission systems, radio access networks and simplified the approval process for building mobile towers.
Pulses To Stay Dear, Export Ban Seen Toothless (1 April 2008) The government's decision to extend an export ban on pulses to fight inflation and to ease domestic prices is largely seen as a toothless move, industry officials say.
Infy, TCS, Wipro To Lose Market Wealth In FY'08 (1 April 2008) Investors got a raw deal from the stock markets, with as many as 1,000 companies collectively losing over Rs 2,50,000 crore in market value in 2007-08.
No New Equity Fund To Invest In On Tuesday (31 Mar 2008) For a first day in nearly a year, Indians will not have a new equity fund to invest in on Tuesday, marking a pause in the flurry of fund launches in a booming mutual fund industry.
Sensex Posts Biggest Quaterly Fall (31 Mar 2008) And with the economy slowing down there will be a pressure on margins of corporates that will lead to an earnings downgrades, analysts said.
Sebi's Ban Plans (31 Mar 2008) Market regulator Sebi today proposed to ban brokers from recommending shares to investors based on subjective and arbitrary information, as part of the exercise to guard against insider trading.
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Inflation Control: Govt May Remove Import Duties (31 Mar 2008) The government today said it is considering elimination of import duties on a host of items, mainly food products, to improve supply and rein in rising inflation.
Disturbing Inflation Numbers Get Govt To Act (31 Mar 2008) Concerned at "disturbing" inflation, the government has decided to hold a meeting of high-level cabinet committee on Monday to take stock of rising prices.
IN THE NEWS
Foreign Affairs: Missing The Future (29 Mar 2008) Mukherjee stopped short of meeting US’s future leadership
Pay Commision: No Tips And Bonuses (29 Mar 2008) The Pay Panel report is marred by a populist agenda
Petroleum: Reliance’s Retreat (29 Mar 2008) The closure of RIL pumps is the result of the government’s bias
Insurance: Grin-n-Bear (29 Mar 2008) nvestors could now be protected from the vagaries of the market
Global News: French connection (29 Mar 2008) It was touted as the first full state visit by a French President in a decade. But at the end of...
India-China: Harping On The Obvious (29 Mar 2008) It seems india’s political relations with China are more symbolic than substantial. India has the time and patience to conduct joint military...
Narmada Rehabilitation: Poor Record (29 Mar 2008) The MP government hasn't paid enough attention to rehabilitation Bhutan: Baby Steps To Democracy (29 Mar 2008) Bhutan is a peculiar country. Its indicator of socio-economic prosperity is Gross National Happiness (GNH); a term... FICCI Frames: From Start To Finish (29 Mar 2008) The highly-hyped annual conclave received a luke-warm response Pharmaceutical: Copy 'n' Paste (29 Mar 2008) http://www.businessworld.in
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The ruling On Cipla may encourage Indian firms to launch copycats Online B2B: Strictly Business (29 Mar 2008) The Indian online B2B market is headed for tough competition Patent Fight: Taking On Biggies (29 Mar 2008) This could easily become the mother of all patent cases. Gertrude Neumark... Relief Rally Lifts Sensex By 9 Per Cent At Weekend (29 Mar 2008) The long bear phase seems to have ended as the stock markets witnessed an impressive relief rally in the week under review amid a host of negative factors. Greed Versus Fear (29 Mar 2008) The debate over sovereign wealth funds is unlikely to be settled quickly in the current environment where financial services are showing little trust for each other. Sebi's Spring Cleaning (29 Mar 2008) Sebi chief C.B. Bhave wants all pending decisions cleared fast Disturbing Inflation Numbers Get Govt To Act (29 Mar 2008) Concerned at "disturbing" inflation, the government has decided to hold a meeting of high-level cabinet committee on Monday to take stock of rising prices. Relief Rally Lifts Sensex By 9% At Weekend (29 Mar 2008) The long bear phase seems to have ended as the stock markets witnessed an impressive relief rally lifting the benchmark Sensex by 9.0 per cent in the week under review amid a host of negative factors. Absence Of Vibrant Bond Market Big Handicap: Chidambaram (28 Mar 2008) Chidambaram today said that corporate bonds will play a critical role in the growth of the economy, but absence of a vibrant market in the country for such a security is proving to be a major handicap. Inflation Breaches 6 pc; Highest In 12 Months (28 Mar 2008) After remaining close to 4 per cent in recent months, inflation has begun moving upwards dashing hopes of a softer interest rate regime in the near future. Mobile Tariffs May Fall Further After ADC Goes (27 Mar 2008) Local and domestic long distance mobile call tariffs may drop further, thanks to telecom regulator TRAI today announcing that private telecom operators would be exempted from paying a fee called 'ADC' to state-run BSNL by April 1. Telcoms Wiring Up To Go All Wireless (27 Mar 2008) India's chances of meeting a 2010 target of 20 million broadband subscribers relies heavily on going wireless and telecoms companies are tripping over themselves to spread the net.. Sensex Slips; Auto, IT Shares End Lower (27 Mar 2008) The markets remained weak for the second consecutive day today and the benchmark Sensex closed lower by another 71 points with investors opting for low-key activity.. Raghu Menon Takes Over As Air India CMD (27 Mar 2008) Raghu Menon, Special Secretary and Financial Advisor in the civil aviation ministry, has been appointed the Chairman and Managing Director of Air India, ending weeks of speculation over the issue. http://www.businessworld.in
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Kotak Mahindra Plans Funds Business In Singapore (27 Mar 2008) Financial services firm Kotak Mahindra plans to set up a fund management office in Singapore this year to manage overseas funds and attract more investors keen on India, a top executive said on Thursday. Tata Drives Onto Global Stage With Jaguar, Land Rover (27 Mar 2008) Business baron Ratan Tata has proved detractors wrong before, and needs to do it again as he parks luxury car brands Jaguar and Land Rover in an auto empire that includes the world's cheapest car. Report Shows Google Ad Viewership Flattening (27 Mar 2008) Google Inc showed modest growth during February in a closely watched report released on Wednesday on how search sites like Google get paid by advertisers, and its shares fell 3.2 per cent. Sensex Posts Second Biggest Gain Of 2008 (25 Mar 2008) The markets finally seemed to be out of woods as the benchmark Sensex posted this year's second biggest gain of more than 928 points to regain the 16k level. Oil Slips To $100 On Dollar, Demand Concerns (25 Mar 2008) A lack of supply-side concerns, along with recovery in the US dollar, seem to have added pressure on oil prices. Frame Security Within 15 days, DoT Tells Operators (24 Mar 2008) The government has issued a warning to telcos to put the required security system in place or stop the services. Long-Term Solution To Rising Prices Not In Sight (24 Mar 2008) However, arrival of vegetables is sure to ease the pressure, say marketmen. Oil Falls $1, Nears $100 Mark On Profit Taking (24 Mar 2008) The US dollar is also bouncing back from major currencies, adding to the downward pressure. Panel For Hefty Hike In Pay Of Govt Staff (24 Mar 2008) The Sixth Pay Panel has recommended an average hike of 40 per cent in salaries with effect from 1 Jan 2006. Highlights Of The Sixth Pay Commission (24 Mar 2008) Key highlights of the Sixth Pay Commission`s recommendations submitted to the government today. Banking: Limited Banking (21 Mar 2008) RBI’s special treatment to AmEx could set a bad precedent Banking: Saving The Bear (21 Mar 2008) The bailout package points to US Fed's systemic failure Shipping: In Troubled Waters (21 Mar 2008) DGS needs to regulate shipping lines and agents that hire sailors Stockmarkets: Will Titagarh Make It? (21 Mar 2008) A volatile market has forced many companies to defer their IPO plans Tibet: India's Take (21 Mar 2008) By siding with China, India has tainted its international reputation Indo-Russian Defence Deal: The honeymoon is over (21 Mar 2008) http://www.businessworld.in
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A chill has set in between india and Russia over defence deals. The refurbished aircraft carrier ship Admiral... Hyderabad Airport: No Take-off (21 Mar 2008) Timely conclusion of agreements could have saved the airport Pharmaceuticals: Easier Said Than Done (21 Mar 2008) Why the government's diktat to drug makers may not succeed Banking: Financial Inclusion (21 Mar 2008) Banks are tapping the urban poor by offering no-frills accounts Govt Brings New Mining Policy To Parliament (21 Mar 2008) The government has introduced in Parliament a new mining policy it hopes will lure foreign and domestic investment, but the document made no mention of changes... New H-1B Visa Rules: No Multiple Application (20 Mar 2008) The US has barred employers from filing more than one H-1B visa application for a worker in a fiscal year... Indian Cos Face Biggest Fraud Risks (20 Mar 2008) Theft of IPR and and deceptions related to e-commerce and IT pose the greatest risk of frauds... Inflation Accelerates, Policy Seen Tight (20 Mar 2008) Analysts say the unexpected spurt means more months of tight monetary policy despite signs of slowing growth. The Mobile Bank (19 Mar 2008) For the first time in India, customers can carry their bank in their mobile, literally. This means they... Sensex Trims Gains Ahead Of Long Weekend (19 Mar 2008) Indian shares pared gains to 1 percent on Wednesday as investors were wary ahead of a four-day weekend, after rising more than 4 percent early on the back of US rate cut and resilient results from big Wall Street banks. Sensex Surges (19 Mar 2008) Indian shares rose more than 4 per cent on Wednesday morning, riding a global rally after a US interest rate cut and strong results from two top US investment banks offered some respite to concerns about a global credit crisis. The Great Indian Food Pie (19 Mar 2008) Getting a foothold in India's processed foods market, requires persistence and a willingness to adapt products to suit culinary and cultural preferences. Fed Delivers Large US Rate Cut, Markets Rally (19 Mar 2008) Trying to avert a deep recession and financial market meltdown, the central bank cut less than many traders had expected but left the door open to additional reductions. Worried Sensex Surrender Gains Before Fed (18 Mar 2008) Indian shares eked out a 0.16 percent rise on Tuesday, surrendering gains of more than 2 percent in choppy trade as investors reeling from sharp losses cut their bets ahead of a US Federal Reserve meeting. Sensex Struggles For Momentum After Plunge (18 Mar 2008) Indian shares flipped between negative and positive on Tuesday as an uncertain market was caught between hopes of a large cut in us interest rates and some gains in Asia, and fears of the escalating global credit crisis. http://www.businessworld.in
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Businessworld
US Fed Set For Big Rate Cut (18 Mar 2008) The US Federal Reserve is expected to slash interest rates by as much as a whole per centage point at its policy meeting on Tuesday as investors warily await investment bank results that could aggravate fears of a full-blown markets crisis. Stop Selling On Phone, Now (18 Mar 2008) Telemarketers as well as service providers might be fined up to Rs 20,000 if they don't mend their ways. Monday Blues Again For Markets (17 Mar 2008) The domestic stockmarkets crashed in tandem with the global bourses. Bear Stearns Staff Worry (17 Mar 2008) Stunned dealers and traders at Bear Stearns, the ailing US investment bank rescued by rival JPMorgan Chase & Co, turned up for work on Monday to find the value of their stock options in tatters and the future of their jobs up in the air. Oil Fired Up (17 Mar 2008) Oil jumped to a record near $112 a barrel on Monday. Sensex Below 15,000 For First Time Since Aug (17 Mar 2008) However, it's not a bad time to start venturing into the market with long-term perspective, says an analyst. US Fed Reserve Announces Emergency Steps (17 Mar 2008) The Fed's unusual announcement came after turbulent weeks in financial markets. Hero Honda To Be The Team Sponsors For Delhi Daredevils (15 Mar 2008) GMR Sports, which owns Delhi's DareDevils, announced Hero Honda as their main sponsor of the team for the awaited DLF.... Not Banning BlackBerry: Govt (14 Mar 2008) Security agencies had raised concerns that the mobile service posed a risk as e-mails sent using it could not be traced or intercepted. Farm Loan Waiver: Hopes And Sops (14 Mar 2008) This is the best way to hand out people welfare schemes Metal Prices: Blowing Hot (14 Mar 2008) Tight supply from China is the prime reason behind the rising prices Clean Energy Funds: Going Green and Clean (14 Mar 2008) Environment-conscious investors will soon have reason to cheer. Mumbai-based Benchmark Mutual... TVS: New Spark (14 Mar 2008) “We are not selling spark plugs,” said a beaming Venu Srinivasan, chairman and... Sports: A Blessing In Disguise (14 Mar 2008) Indian hockey’s failure to qualify for the Olympics is the best thing that could have happened... Sports: Just Not Cricket (14 Mar 2008) Alreadytroubled ICL is now being squeezed from all quarters http://www.businessworld.in
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Generated: 17 October, 2008, 10:44
Businessworld
NY Governor: Caught In The Act (14 Mar 2008) Despite his resignation, Spitzer has left many questions unanswered... Stockmarkets: The Getaway Game (14 Mar 2008) Sebi’s treatment of rogue players is just not enough Private Equity: Deal Street On Course (14 Mar 2008) Deal flow for private equity is unlikely to slow down this year Automobile: Rough Roads Ahead (07 Mar 2008) Will Tata Motors be able to drive its costliest buys? Telecom: Speed Thrills Telcos (07 Mar 2008) WiMAX will remain a dream till spectrum is made availabler Foreign Affairs: Shadow President (07 Mar 2008) Russia's new President will need an image makeover Company Affairs: Governance Deficit (07 Mar 2008) Sebi can't afford to take corporate governance lightly Biotechnology: Pumping Life Into Biotech (07 Mar 2008) After IT, the Valley has its eyes set on India's biotech industry Media: Watch The Stands (07 Mar 2008) Many new entrants will soon invade the news segment
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Generated: 17 October, 2008, 10:44
Businessworld
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Generated: 17 October, 2008, 10:44