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Nov 08, 2009
 
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  India may not achieve 9 growth during 11th Five-Year Plan (07 November 07:49)
The Planning Commission might revise the growth target by this year-end and is likely to conduct a mid-term appraisal of the 11th Plan.
  China eyes home demand not exports (07 November 05:31)
The need for China and other countries with big current account surpluses will be a main theme for finance ministers at the Group of 20 meeting in Scotland.
  Gold prices close in Rs17000 per 10 gm level (07 November 05:20)
Fresh buying by stockists and jewellery fabricators to meet the demand during the marriage season and strong global cues led gold to touch an all-time high level.
  UKs Darling urges G20 progress on climate finance (07 November 04:55)
A framework for the return to future economic growth needed to be agreed.
  IMFs Boutros-Ghali says FX problems symptom not cause (07 November 04:51)
Brazil's proposals for a tax on capital inflows were unlikely to be effective.
  Glaxo for now Saudis sole supplier of H1N1 vaccine (07 November 03:42)
British drugmaker GlaxoSmithKline is currently Saudi Arabia's sole supplier of a vaccine for the H1N1 flu virus.
  Crop insurance scheme introduced to protect farmers (07 November 02:28)
The scheme protects farmers against risks of attack from pests, drought, floods and other natural calamities.
  Dr Reddys files for marketing Lipitor generic (07 November 01:14)
Lipitor is the world's largest selling drug, with global sales of $8.3 billion in the last nine months.
  Big California bank fails has China branches (07 November 12:49)
Regulators closed four other banks on Friday, in Georgia, Michigan, Missouri and Minnesota; failures already were the highest since 1992.
  Bangladesh to import diesel from Egypt (07 November 12:13)
The BPC, the country's sole importer and distributor of oil and fuels, last week completed negotiations with the state-run Kuwait Petroleum Corporation.
  Orissa to inspect iron ore mines for violations (07 November 12:09)
Since July, the government has inspected seven mines and registered criminal cases against eight mine operators and officials of the forest and mine department.
  Executing affordable housing projects will be a big challenge (07 November 02:13)
Samir Jasuja, founder and chief executive of PropEquity, a real estate data and analytics provider, talks on realty trends.
  PEs wary of commercial realty space (07 November 02:12)
Shift attention to residential segment, which is showing signs of recovery.
  Rationalise DTH taxes Plan panel (07 November 02:11)
Levies by various government departments work out to about 50%.
  Drug story (07 November 02:10)
Ranbaxy Laboratories came in better than expectations at the net profit level, riding on exceptionally high other operating income.
  FMCG show (07 November 02:07)
FMCG companies have reported good numbers for the quarter ended September, although Hindustan Unilever (HUL), the largest player in the space, missed street estimates.
  Next insurance waves specialty covers (07 November 02:05)
Kidnap and ransom, terrorism, trade credit and product recall plans seeing demand spurt.
  HITS policy finalised sent for Cabinet nod (07 November 02:02)
Draft guidelines for the third phase of private FM radio also prepared.
  AI to have more low-cost flights on Gulf routes (07 November 02:02)
In a bid to cut costs, Air India has decided to convert some flights of the erstwhile Indian Airlines on Gulf sector routes into low-cost ones through Air India Express.
  Cholesterol drug sales set to double (07 November 02:00)
Sales of cholesterol lowering agents, or statins, are set to shoot up with the increasing use of these drugs by patients of asthma, sepsis, inflammation and diabetes.
  Wal-Mart chief meets FDI wall again (07 November 01:50)
Meeting with PM yields little; govt says no plan to open up multi-brand retail.
  SBI Pension beats peers in NPS returns (07 November 01:48)
Yields 13.41% annualised in first half of 2009-10.
  Irda hopes to finalise IPO norms soon (07 November 01:40)
Regulator says disclosures in case of insurance companies are slightly elaborate.
  Furnishing sales revive as people buy homes (07 November 01:38)
Retailers are banking on the November-December wedding season to spur sales. Some, such as Creative Portico, have launched wedding specific collections to help off-take.
  Sanghvi Movers sees a lift from refinery sector (07 November 01:37)
Sanghvi Movers Ltd is planning to focus on refinery segment as the construction of refineries reaching critical stages throws up opportunities.
  Green jobs sprout in the corporate corridor (07 November 01:35)
Companies with an urge to be politically correct and responsible are spawning a new breed of managers to spearhead their green initiatives.
  Godrej will focus on fewer but bigger innovations (07 November 01:31)
Dalip Sehgal, managing director of Godrej Consumer Products Ltd talks about the company's plans and strategy.
  When dealing with an insurers lapses be persistent (07 November 01:28)
How a jilted mediclaim policyholder's perseverance righted a wrong.
  BSNL offers per-second billing too (07 November 01:18)
Kuldeep Goyal, chairman & MD at BSNL, said this new tariff would be applicable for local and STD calls and would not enforce any restriction on total usage or monthly rental.
  India survived crisis due to absence of convertibility Rahul Bajaj (06 November 08:50)
"There is no capital account convertibility. Thanks to the Left, the brakes put on liberalisation by the government has saved the country," Bajaj said.
  Indian SME sector envincing interest in US market (06 November 08:14)
Small and medium enterprise (SME) sector in India is evincing interest in investing in the US market with a view to growing and expanding their business.
  Pagaria plans to put up power project in Maharashtra (06 November 07:51)
Kolkata-based Pagaria Power today said it is waiting for the new government formation in Maharashtra to take forward the proposal of putting up a power plant in the state.
  Indias FX reserves at $284391 billion as on October 30 (06 November 07:40)
Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves such as the euro.
  SC admits Trais plea issues notice to service providers (06 November 07:39)
Telecom Regulatory Authority of India (Trai) today challenged telecom tribunal TDSAT's ruling that slammed it for not following uniform procedure.
  SBI extends 8 home loan scheme till March 2010 (06 November 07:25)
Encouraged by a good market response, State Bank of India has extended its 8 per cent special home loan scheme till March 31, 2010.
  Jet Konnect to offer service on Chennai Patna Raipur routes (06 November 07:06)
The all-economy no-frills service will introduce new services on the Delhi-Chennai/Patna sectors, and on the Delhi-Raipur sector, effective November 7.
  NASSCOM includes Matrix in Emerge 50 list (06 November 06:45)
Verfication service provider Matrix Business Services today announced that Nasscom has included it in the 'Emerge 50' list for 2009.
  Service campaign for Hyundai customers launched (06 November 06:43)
Country's second largest car manufacturer Hyundai Motor India today launched the 'Always Around' service campaign for its customers.
  SBI slashes deposit rates by 025-05 per cent from Nov 9 (06 November 06:31)
State Bank of India today reduced interest rates on various maturities of deposits by 0.25-0.5 per cent effective from Monday.
  Sun Pharma gets US nod for generic Acular (06 November 06:20)
The drug is the therapeutic equivalent of Acular Ophthalmic solution Allergan, Inc.
  Axis Bank unveils Home For All expo (06 November 06:20)
Axis Bank launched a three-day "Home For All" exposition showcasing a wide array of properties, across price points and categories today.
  BSNL to go direct to Zain if consortium talks fail (06 November 05:50)
BSNL, along with Mahanagar Telephone Nigam Ltd, a smaller state firm, are part of a group led by little known Indian company Vavasi.
  BSNL not to call new bids for GSM order (06 November 05:42)
The firm had ordered 8 million 2G GSM lines from Chinese network-gear maker Huawei, to be used in southern Indian states.
  OECD September outlook shows strong recovery signs (06 November 05:11)
Signs of improvement have emerged in most major economies, with a marked recovery in the United States and Japan and strong pointers to growth in several European economies and China, the OE...
  Four Indians among 20 charged in largest hedge fund scam (06 November 04:19)
The scam came to light with the arrest of Sri Lankan billionaire Raj Rajaratnam, founder of the Galleon Group, and five others, two of whom were Indians.
  Jet Kingfisher hike fuel surcharge SpiceJet too may follow (06 November 03:03)
Domestic private air-carriers, Jet Airways and Kingfisher Airlines, today effected a hike in fuel surcharge by up to Rs 200 on their domestic flights.
  BSNL starts conversion of pre-paid connections in JK (06 November 02:40)
Bharat Sanchar Nigam Limited, JK circle, has started conversion of its pre-paid cell phone connections into post-paid.
  Affordable housing project by Tata to be extended to more cities (06 November 02:12)
The group was looking for housing projects in Kolkata and Bangalore in the next phase, according to Tata group chairman Ratan Tata.
  Tata Steel India October sales up 38 (06 November 01:06)
The Indian operations contribute about a quarter of the group's total annual global capacity of 30 million tonnes.
  Intel in talks with Indias ITI for JV (06 November 01:03)
Though interested parties have been asked to participate before Jan. 29, 2010, the telecoms ministry is holding a pre-bid conference before selecting them.
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