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Mar 20, 2010
 
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  GM to launch its electric car E-Spark by this year-end (19 March 03:03)
Automobile major, General Motors, today said that it would launch the electric version of its small car 'Spark' in the Indian market this year-end.
  Sensex up 44 points in early trade (19 March 01:21)
The Bombay Stock Exchange on Friday opened over 44 points higher, extending gains for the fourth straight day on sustained buying after the upgrading of the country's sovereignty rating.
  Google to leave China April 10 state media (19 March 11:59)
US Internet giant Google will close its business in China next month and may announce its plans next week, Chinese media reported on Friday, after rows over censorship and hacking.
  Good news for Indias economy credit rating upgraded (19 March 05:00)
The world’s largest rating agency, Standard and Poor (S&P), reaffirmed on Thursday the India recovery story as it revised its outlook on the world’s second-fastest growing economy to...
  Data bank of Micro credit borrowers next year (19 March 01:37)
Credit Information Bureau India Limited (CIBIL) has inked a partnership with 31 leading microfinance institutions to start a Microfinance Credit Information Bureau. These 31 MFIs are part of...
  AIs male crew also need to shape up (19 March 01:35)
While it may take some more time for the Women’s Reservation Bill to become law, on another front parity has finally been achieved so far as women and their male colleagues are concerned, ...
  CAT decision opens door for selection of BSNL directors (19 March 01:33)
Central Administrative Tribunal (CAT) has given a ruling in favour of all the 18 Indian Telecom Service (ITS) officers allowing them to appear in the interview for the post of director (Ente...
  Toyota braces for racketeering claims (19 March 01:31)
Lawyers seeking civil damages against Toyota Motor Corp on behalf of US consumers for diminished resale value of recalled vehicles are broadening their cases to add racketeering claims again...
  Not money but challenge India an option (19 March 01:29)
Barely hours after Unilever President (Global Foods, Home and Personal Care) and member of the Unilever Executive Manvinder Singh Banga (Vindi Banga to friends) put in his papers, he was upb...
  Cute Rasna turns naughty to keep up with the times (19 March 01:27)
Kids are not what they used to be. No kidding. Just ask Rasna, the brand that made home-made squash a national trend by combining a variety of value-priced soft drink concentrates with the c...
  Google Intel Sony team up for new TV platform (19 March 01:24)
Google and Intel have teamed with Sony to develop a platform called Google TV to bring the Web into the living room through a new generation of televisions and set-top boxes.
  Mittal to shift Rs 50000-cr unit to Bokaro (19 March 01:10)
Disappointed over delays in the launch of its Rs 50,000-crore steel project in Jharkhand, global steel giant ArcelorMittal is set to relocate its plant proposed in Khunti-Gumla to Bokaro dis...
  India proposes trilateral talks with Iran Pak for gas project (18 March 11:59)
India today said it has proposed trilateral talks in May with Iran and Pakistan on the multi-billion dollar gas pipeline to address its security and other concerns, two days after Tehran and...
  Benetton to replace CEO with joint managers (18 March 11:56)
Apparel maker Benetton said on Thursday that it was turning over traditional CEO duties to two managers next month after a 21 percent drop in earnings last year.
  PJ Naik named Morgan Stanley India Head (18 March 09:38)
Global financial services major, Morgan Stanley has appointed former Axis Bank Chairman P J Naik as its new country head and Chief executive officer for India.
  India asks US to support Doha talks for global trade pact (18 March 05:26)
India has asked the US to lend support to the WTO negotiations for reaching a global trade-opening deal, considered important to revive the world commerce that contracted last year.
  Nokia to launch its music service in India in couple of months (18 March 04:58)
In order to fight piracy, Nokia plans to launch its music service 'Comes With Music' in India in a couple of months to give unlimited music access to its consumers, a top company official sa...
  Bharti Airtel bids for 3G spectrum (18 March 04:52)
Country's largest private telecom firm Bharti Airtel on Thursday submitted its bid for 3G spectrum, auction for which starts from April 9. According to the schedule, Friday is the last day f...
  China orders safety checks on Boeing 737s (18 March 04:48)
China has ordered its airlines to make safety checks on more than 400 aircraft made by US giant Boeing due to concerns over possible problems with tail flaps, state media reported on Thursda...
  India committed to take Doha to successful conclusion Sharma (18 March 04:38)
New Delhi is fully committed to take the Doha round of trade negotiations to a successful conclusion, Indian Commerce and Industry Minister Anand Sharma has said.
  Food inflation eases but fuel prices keep up pressure (18 March 04:17)
Food inflation fell to 16.30 per cent for the week ended March 6 on easing prices of pulses and vegetables, but fuel inflation shot up to 12.68 per cent. For the previous week, food inflatio...
  Toyota faces criminal charges in Canada (18 March 03:36)
Toyota may be slapped with criminal charges in Canada for hiding accelerator problems from motorists even as it was trying to fix it.
  Axis bank to expand operations in Orissa (18 March 03:34)
Axis bank, country's third largest private bank has planned to expand its operational base in Orissa.
  UBI in talks with ARCs to sell Rs 100-crore worth bad loans (18 March 03:10)
State-owned, United Bank of India is negotiating with a clutch of asset reconstruction companies to sell a part of its bad loans with a view to clean up its loan book, a top bank official sa...
  PayPal ties up with Chinese partner report (18 March 02:59)
PayPal, the online payment platform of US e-commerce giant eBay, will tie up with a Chinese partner to allow consumers in China to buy from overseas merchants, according to a report.
  Sensex rises by 54 points in opening trade on global cues (18 March 01:39)
Continuing its winning streak for the third straight session, the Bombay Stock Exchange benchmark Sensex gained nearly 54 points, or 0.30 per cent, in the opening trade today on more capital...
  Feasibility study on Indo-Aus FTA to be finalised by April (18 March 12:44)
The feasibility study on the Indo-Australian Free Trade Agreement (FTA) will be finalised by April this year with both governments expected to begin negotiations soon, according to a top Aus...
  Google teams with Intel Sony on new TV platform (18 March 12:01)
The web search giant has teamed up with Intel, Sony and Logitech to develop a new television platform that the company hopes will extend its dominance from computers and cellphones to televi...
  EampY report predicts groundshift in pharma (18 March 02:02)
The pharmaceutical sector’s focus will shift from companies to patients while players in sectors like information technology, retail and telecommunication will also become stakeholders in ...
  US senators build pressure on yuan (18 March 02:00)
A group of 14 US senators unveiled legislation on Tuesday that seeks to increase pressure on China to let its currency rise in value against the dollar, saying Chinese “currency manipulati...
  Dow in biz news pact with Airtel (18 March 01:57)
Dow Jones has announced an exclusive tie-up with Bharti Airtel to distribute financial and business news, both global and India-specific, from Wall Street Journal and Dow Jones’ wire servi...
  Birla Power in generation push (18 March 01:53)
Birla Power Solutions Ltd, part of the Yash Birla Group, is venturing into the power generation sector. It will invest around Rs 5,000 crore to set up a coal-based thermal plant and solar po...
  BMW plans to launch small cars with MINI (18 March 12:12)
The global automotive world is going small and so is the world’s largest premium car manufacturer BMW. The German automobile giant announced it is developing a new small car platform in co...
  LTE push Qualcomm eyes spectrum (18 March 12:08)
US-based telecom software and chip-making firm Qualcomm , which created the CDMA (code division multiple access) technology that powers many phone networks, on Wednesday filed to bid for bro...
  Twist n Shout (17 March 10:19)
The 110 cc CB Twister is a commuter motorcycle that looks like no other Indian commuter bike to date. When you first set your eyes on it, you won’t believe it’s a commuter bike. It’s s...
  IMF pegs FY11 GDP growth at 8 per cent (17 March 09:11)
The International Monetary Fund (IMF) expects the Indian economy to grow by 8 per cent during 2010-11, though high inflation and rising fiscal deficit would continue to remain areas of conce...
  Sensex gains 107 pts on firming global trend (17 March 08:46)
The Bombay Stock Exchange benchmark Sensex today rose by 107 points to a fresh eight-week high on buying by domestic and overseas funds, which took cues from firm global markets.
  Dubai allows Hindujas to offer full range of banking services (17 March 05:48)
The Dubai Financial Services Authority has upgraded the Hinduja Bank's licence, a move that will allow it to provide a whole range of financial services to clients in Europe, Middle East and...
  Global FX reserve system needs reforms ADB chief (17 March 05:34)
The current dollar-denominated global reserve system needs to be reformed to better fit economic reality and ensure global financial stability, the head of Asian Development Bank said on Wed...
  AI Express to fly on Abu Dhabi-Amritsar route thrice a week (17 March 05:31)
India's national carrier Air India has said its subsidiary Air India Express will ply three flights a week between Abu Dhabi and Amritsar.
  Honda recalls more than 400000 cars in US (17 March 03:21)
Honda is recalling 412,000 vehicles in the US over a problem with brake pedals, the Japanese carmaker announced on Tuesday. Honda said it would recall 344,000 Odyssey and 68,000 Element mode...
  Sensex surges 118 points in opening trade on global cues (17 March 02:18)
The Bombay Stock Exchange benchmark Sensex shot up by over 118 points, 0.68 per cent, to cross 17,500 points for the first time since January 20 in opening trade today on a flurry of buying ...
  Google partners call for clarity on China plans (17 March 11:00)
Chinese firms selling advertising space on Google's search pages have demanded clarity about the Internet company's plans in China, warning they will demand compensation if it shuts its Chin...
  Airlines cut costs more flights get cancelled (17 March 04:41)
Last week, 180 passengers waited for more than six hours at Mumbai airport before they were told that their Air India flight to Chennai had been cancelled as its air-conditioning unit was no...
  Property prices stable in NCR soaring elsewhere (17 March 04:02)
Property prices in the National Capital Region (NCR) have remained more or less stable despite rising rapidly elsewhere in the country. Prices of luxury houses — costing more than Rs 75 la...
  Nissan Micra in June Logan will stay (17 March 01:58)
Renault-Nissan will begin selling its compact car Micra in June this year while its exports are scheduled for September. The company is hoping to sell 80,000 units by March 2011, for which i...
  Honda to recall 410000 vehicles for brake problem (17 March 01:55)
Honda Motor Co. says it is recalling about 410,000 Odyssey minivans and Element small trucks in the US because of problems with the brake pedals.
  Sony MJ estate in $250-mn deal (17 March 01:55)
Even in death, Michael Jackson is breaking records. The King of Pop’s estate has signed the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainm...
  Apocalpyse 2 junk bond avalanche looms for credit markets (17 March 01:53)
When the Mayans envisioned the world coming to an end in 2012 — at least in the Hollywood telling — they didn’t count junk bonds among the perils that would lead to worldwide disaster.
  ArcelorMittal to set up mini steel mill in Iraq (17 March 01:51)
Global steel giant ArcelorMittal on Tuesday said it will set up a $ 130 million steel plant in war-torn Iraq, in collaboration with Turkish firm Dayen.
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