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  Spice Comm readies to pay entry fees for pending GSM licences (31 December 02:41)
Letter to DoT from Spice Communications regarding pending UASL Licenses applications dated 31 st Aug-2006 for GSM Mobile Service in 20 Circles.
  Bulls may remain in control (17 May 04:08)
The bulls would look to carry on the momentum to the next week. But again the global cues would play an important role in directing the Indian bourses.
  A matter of character (17 May 03:37)
The role of Nafisa who is Rahul aka John Abraham s live-in girlfriend in the film, says Sonal, gave her a lot of scope for performance
  Reliance Infratel to sell 5% in pre IPO placement: report (17 May 03:02)
The latest deal values Reliance Infratel at around Rs500bn. The company has already sold 5% stake for Rs14bn to a group of institutional investors
  Krishna Maruti gets US$100mn Chrysler order: report (17 May 02:28)
  HSBC to acquire IL&FS Investsmart: reports (17 May 01:05)
HSBC to acquire 43.85 % from a Mauritius-based unit of E*Trade Financial Corp. and the rest from the Indian brokerage s founder, Infrastructure Leasing and Financial Services Ltd
  CMIE maintains GDP growth forecast at 9.5%: report (17 May 01:03)
The independent economic think tank says that the slowdown in industrial production and the consequent fall in GDP growth is only an aberration
  Global Steel to invest US$450mn in Nigerian firm: report (17 May 01:01)
Global Steel aims to double capacity at Delta Steel Company to 2.4mn tons per annum (mtpa), says a financial newspaper
  Oil firms plan freeze on new LPG connections: reports (17 May 01:00)
Oil PSUs have also threatened to impose LPG quotas per family and suspend diesel imports to cushion themselves against record high crude oil prices
  Ehsaan Qureshi tickles funny bone in Clinic All Clear Jo Jeeta Wohi Superstar (17 May 12:15)
Entertaining the crowd with their histrionics, the contestants open the episode with a performance on the title song of Partner that even gets Mandira to do a jig along with them on the hi...
  Food crisis not because India, China: BRIC (17 May 12:02)
The claims made by western leaders that the current food crisis was caused by the growing consumption in India and China, BRIC said that such statements are incorrect and there is need for a
  Eros ties up with Jaman.com (17 May 11:54)
Partnership strengthens Jaman s position as leading destination for world cinema
  Pidlilite to launch Heatshield (17 May 11:46)
Dr. Fixit Heatshield, the latest product from Pidilite reduces internal temperature of a structure by reflecting most of the solar heat (75%) back into the atmosphere
  New Bangalore airport to be operational on May 23 (17 May 11:22)
Flights landing and departing after midnight will operate from the new airport, and so will flights arriving before midnight and departing after midnight
  Indian Railway bags big order from Malaysia (17 May 10:57)
The Government of Malaysia has awarded the Electrified Double Tracking Project between Seremban and Gemas to IRCON International
  Wheat procurement tops 19.5 MT (17 May 10:50)
This year s record wheat procurement follows two years of short-fall, which had forced the Government to import wheat to meet the rising domestic demand
  Champagne Indage acquires VineCrest (17 May 10:27)
The acquisition will facilitate CIL (Australia) to base its operations in Barossa, the most sought after and highly awarded wine growing region of Australia, and provide a premium image to a...
  BCCI gets ready for taxing spell (17 May 08:03)
The service tax department issued summons to BCCI after its letters seeking information about the various arrangements for event management and advertising failed to elicit any response from...
  CRISIL downgrades ICICI CV loans (17 May 08:02)
The ratings have been downgraded by four notches to BBB+(so) from AA-(so)
  ULIP success helps insurers rake in more premium (17 May 08:02)
For the first time, annual premium per policy of the insurers put together surpassed the five-digit barrier, averaging Rs 11,729 in FY08
  Insurance cos calculate running age for premium (17 May 08:01)
A public sector insurer started calculating and charging premium on the basis of an insurance applicant s running age, against the normal practice of completed age
  More banks eye non-life insurance businesses (17 May 08:00)
Banks lending to borrowers for creation of assets, have captive customers for their non-life ventures, since these borrowers would need to protect or secure their assets
  Infrastructure companies expand equity base for funds (17 May 07:58)
Among big players, promoters stake in Jaiprakash Associates declined to 44.58% as a result of equity base expansion to Rs 234 crore in FY08
  Crude oil hits new record high (16 May 07:20)
Goldman Sachs today raised its forecast for the average price of West Texas Intermediate (WTI) oil in the second half of 2008 by 32% to US$141 per barrel
  Topsgrup acquires Guardwell Detective Services (16 May 06:30)
It makes it the 2nd largest security provider in Southern India
  ICAI clears new standard for derivatives (16 May 06:29)
Companies will be required to disclose financial instruments such as derivatives, futures & options, MFs and loans among others in their financial statements
  Rupee hits fresh 13 month low (16 May 06:24)
The local currency lost 2.2% during the week to 42.51 per dollar, adding to last week s 2.3% fall. It earlier dropped to 42.92, the lowest intraday level since April 12, 2007
  Geometric unveils DFM Pro for Pro/ENGINEER (16 May 06:07)
  Aladdin HASP SRM gets CompTIA SoftwareCEO Innovation Award (16 May 05:57)
SoftwareCEO s annual Software Innovation Awards recognize innovations in products, ideas, and business models that stimulate growth and innovation far beyond conventional software ideas and ...
  Chandamama launches Arya , Garuda and Eli Puli s Comics (16 May 05:55)
Action, adventure, mystery and humour to keep children entertained and amused during the summer holidays
  Retail prices of food commodities show mixed trend (16 May 05:43)
Prices of sugar remained steady at all the reporting centers except for a decrease at Delhi, and increase at Shimla and Guwahati
  The Indian Blog and New Media Society launched as national body (16 May 05:40)
The IBNMS has been a result of over a year of groundwork by some committed founder members, who have been busy enlisting support, raising resources and organizing events and other programs
  Emkay cons net profit up 151 % yoy (16 May 05:39)
Emkay cons olidated Revenues up 118 % to Rs1.39bn
  NEO Cricket to air Tri Nation Tournament (16 May 05:34)
Bangladesh hosts the Tri Nation Tournament wherein all ODIs will be staged on a Day/Night basis starting at 3 PM IST (130 PM UAE / 530 PM Sing/HK and 630 PM Japan). NEO Cricket will air all ...
  Punjab State Co-op Bank to deploy FLEXCUBE (16 May 05:32)
  IFC, Standard Chartered Bk launches innovative credit-linked notes (16 May 04:48)
The innovative transaction will establish a new product to provide investors with access to microfinance as an asset class, and it will enable Standard Chartered to expand its lending to the...
  Lanxess India on a growth path (16 May 04:40)
Double-digit growth rates in India, Japan and China
  Fitch affirms AAA(ind) to SBI s National Long-term rating (16 May 04:34)
The ratings reflect SBI s strong financial condition among Indian banks, together with its quasi-sovereign risk status as India s largest bank, with very high systemic importance
  KKR hires Lazard MD to lead its infrastructure fund (16 May 04:25)
KKR has hired George Bilicic, the former MD of Lazard to take charge of its new infrastructure fund, who was earlier responsible for its power, energy and infrastructure activities.
  SKS Microfinance Internal Audit gets ISO certification (16 May 04:24)
Becomes the first internal audit team in an MFI to meet Quality Management standards in the world
  Taste of India at London international wine fair (16 May 04:24)
Champagne Indage to showcase their best wines in the upcoming London International Wine Fair (LIWF)
  INX News launches 360-degree marketing campaign for NewsX (16 May 04:20)
A highly distinctive theme campaign has been developed by INX News in conjunction with Meridian Communications, illustrating the Channel s positioning of Clarity in a Complex World
  Giancarlo Fisichella to reach motorsport milestone in Monaco (16 May 03:09)
To mark the event, Giancarlo will start the Monaco race in a new set of Alpinestars overalls and a helmet commissioned from Arai bearing a 200 logo.
  ADAG unveils blue print of film biz (16 May 03:02)
Reliance BIG Entertainment has finalized a slate of 69 feature films in 9 languages for production and distribution over the next two years
  Markets on firm ground (16 May 03:00)
At 15:00pm (IST), the BSE 30-share Sensex was up 90 points at 17,444 and NSE Nifty was up 45 points at 5,160.
  GE Shipping delivers Jag Vikas to buyers (16 May 02:46)
  Technocraft Industries sets up subsidiary in China (16 May 02:39)
  Tata Motors launches Indica V2 Xeta LPG (16 May 02:28)
The new Xeta LPG comes with a 1.2 litre MPFI engine with two ECUs (Electronic Control Units) in master-slave configuration.
  Champagne Indage to buy wine biz in overseas markets (16 May 02:24)
The subsidiaries now have entered into arrangements to acquire wine businesses in various global wine producing regions viz. South Africa, U.K. and South Australia.
  SAIL Q4 net up 25% yoy (16 May 02:22)
The company has posted a net profit of Rs23767.6mn for the quarter ended March 31, 2008 as compared to Rs19018.8mn for the quarter ended March 31, 2007
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