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Nov 08, 2009
 
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  BSNL to buy equipment from Huawei (07 November 04:45)
State-run telecom service provider Bharat Sanchar Nigam Ltd has placed an advance purchase order with Huawei of China on mobile equipment for 20 million GSM lines in the south zone. The PSU ...
  Ayurvedas healing touch draws big business (07 November 04:45)
If the spiritual guru's Patantjali Yog Peeth Trust has set up one of the world's largest centres for Ayurveda in Hardwar with facilities for treatment, research and a university, the Tatas a...
  DRL develops generic version of Lipitor (07 November 04:45)
Dr Reddy's Laboratories has succeeded in developing a copycat or generic version of Pfizer's Lipitor, the world's largest selling drug which has sales of over $10 billion.
  Stop treaty shopping denials for FDI says FIPB (07 November 04:45)
The Foreign Investment Promotion Board has pulled up the department of revenue for rejecting all foreign direct investment proposals in which funds are routed through Mauritius and said it ...
  What India needs 500 new cities! (06 November 08:45)
"India needs to build a minimum of 500 new cities urgently. However, it has to be done from scratch to accommodate people who are on the move and to provide them better quality life,&qu...
  India to be global manufacturing hub by 2015 (06 November 08:45)
"Our objectives are to create a significant growth generating employment and make India a global manufacturing hub by 2015. We aim to build a competitive Indian manufacturing industry and pr...
  BSNL may talk directly to Zain to buy stake (06 November 08:45)
State-run BSNL Friday said it may directly talk to Zain Telecom to acquire a controlling stake after the exclusive talks period between the consortium Vavasi and the Kuwaiti firm ends.
  Decision on funds for Air India next week (06 November 08:45)
The Group of Ministers, headed by Finance Minister Pranab
  SBI cuts deposit rates by 25-50 basis points (06 November 08:45)
With this, deposits with a maturity of 181 days to less than one year will now carry an interest rate of 5.25 per cent against 5.75 per cent earlier.
  Indian SMEs show interest in US market (06 November 08:45)
The midsize companies currently not present in the US, are keen in having slice of the pie.
  Takeover concerns Pharma industry seeks govt help (06 November 06:36)
Concerned over the recent takeover of some firms by MNCs, the domestic pharmaceutical industry has asked the government to protect and promote it by making available funds for research and d...
  GMs India plans clearer (06 November 06:36)
GM, which is a party in a tripartite joint venture in China -- SAIC-GM-Wuling Automobile Co -- is looking beyond the commercial vehicles that can be brought to India through their partnershi...
  A green entrepreneurs success story (06 November 06:36)
It has been 25 years of entrepreneurship for Pramod Chaudhari.
  New SMS tech to offer smart apps to basic mobiles (06 November 06:36)
The network protocol being built by Umesh Chandra of the Nokia Research Center in Palo Alto, California, will also get mobile phones connected to the web via SMS.
  US lawsuits against PW India cant do anything (06 November 06:36)
"American jurisdiction will decide independently of what we do here. We cannot be on any help to them (PW) in the US. We cannot go and say (to PW) don't worry we will pay for you," Corporate...
  NHAI may get $400-mn loan from ADB next month (06 November 04:44)
The government needs about Rs 3.31 lakh crore (Rs 3.31 trillion) to meet its target of developing 35,000 kms of national highways over the next five years.
  Sensex Hat-trick of gains (06 November 04:44)
The NSE Nifty ended up 31 points at 4,796. The BSE market breadth was fairly positive. out of 2,787 stocks traded, 1,941 advanced while 783 declined.
  Backbone of Japans IT industry Indian engineers! (06 November 04:44)
Indian systems engineers have emerged as the backbone of Japan's IT industry and more are flocking to the country which is witnessing a steep decline in its work force.
  Strike at Rico supplier to GM Ford ends (06 November 04:44)
About 1,800 workers at Rico Auto Industries, in Gurgaon near Delhi, ended their almost 50-day strike following an agreement with the management on reinstatement of some employees.
  Opel staff fears 10000 job cuts oppose GM move (06 November 04:44)
Workers fear that GM might close down one or two production plants in Germany in the process of restructuring Opel. It may also lay off thousands of workers and force the remaining workers t...
  India EU to reach trade deal in a year (06 November 04:44)
With an ambitious target to more than double their bilateral trade to $200 billion in the next four years, India and EU hoped on Friday they can resolve differences and reach a free trade ag...
  Govt defends new inflation indexes (06 November 04:44)
With wholesale price inflation not reflecting true picture of food prices, the government on Friday justified the introduction of separate index numbers for primary products and manufacturin...
  Citi to relaunch hedge fund operations (06 November 04:44)
Attributing to people close to the matter, the newspaper said the company wanted to change the name of the unit from Citi Alternative Investments to Citi Capital Advisors.
  4 Indians charged in Wall St hedge fund scam (06 November 04:44)
The FBI has charged 14 people, out of which five have already pleaded guilty, in a case related to the $20 million hedge fund insider-trading scam, the largest ever such case in the US.
  We are trying to build 10 hospitals every year (06 November 04:44)
In an interview with Joe C Mathew, Apollo Hospitals executive chairman Prathap C Reddy says the challenge is not in the funding, but in finding the human resources.
  MIT grad Mistry to make SixthSense open source (06 November 04:44)
If Pranav Mistry has his way, people around the world can build their own wearable 'SixthSense' -- which uses a camera that understands human gestures -- at a cost of less than Rs 15,000 ($3...
  Megha Mittal to buy European fashion house Escada (06 November 04:44)
Megha Mittal confirmed on Friday that her bid for Escada has been accepted.
  Sudha Murthy sells 2 mn Infy shares (06 November 02:36)
Sudha Murthy, wife of Infosys chairman and chief mentor N R Narayana Murthy, who was instrumental in seeding Infosys Technologies almost three decades ago by providing her husband the initia...
  Tatas to take nano housing to more cities (06 November 02:36)
The affordable housing projects launched by Tatas in Mumbai would be extended to more cities since the concept had evinced keen interest from all parts of the country, Tata Group chairman Ra...
  IDBI Bank plans FPO in January (06 November 02:36)
"Whole size of the issue would be double of what the Government of India is willing to subscribe." Currently, the government holds 52 per cent stake in the bank.
  Expansion BSNL talks to vendors (06 November 02:36)
"We are negotiating with the vendors on a fast track (and) hope to finalise it within a week or two," BSNL CMD Kuldeep Goyal told PTI.
  Nokia has designs on India (06 November 02:36)
The handset maker's senior design specialist is touring the country to discover how Indians use cellphones.
  Profitable PSUs to divest 10 per cent equity (06 November 02:36)
According to the CCEA's decision, unlisted firms with three-year track record of net profit and positive networth will have to come out with Initial Public Offerings.
  Airfares rise! Jet Kingfisher hike fuel surcharge (06 November 02:36)
Domestic private air-carriers, Jet Airways and Kingfisher Airlines, on Friday raised their fuel surcharges by up to Rs 200 on domestic flights.
  What makes real estate investments unique (06 November 02:36)
Real estate has a combination of characteristics that are not available through other asset classes, thus making it somewhat unique as an asset class.
  3 tips on property investment process (06 November 02:36)
When it comes to the process of making a property investment and exiting from it, there are a few things like transaction costs, liquidity and cash that you must keep in mind.
  Jaipur oil mishap IOC chairman must be fired (06 November 12:36)
The current IOC chief should be fired because this fire occurred during his tenure. He should have ensured that safety audits are done seriously. If he is fired, his successor will take safe...
  How India can build the Knowledge Grid (06 November 12:36)
Aziz Haniffa reports from Washington, DC, on a summit designed to transform India's education.
  He started a company while in college (06 November 12:36)
Naabo Solutions offers a cost effective solution for the healthcare industry.
  X-ray machine voted top scientific invention (06 November 12:36)
Out of nearly 50,000 votes cast, one in five people named it for having made the greatest impact on the past, present and future.
  M amp M to launch motorcycle next year (06 November 12:36)
The auto major had entered the two-wheeler market market by acquiring the assets of Pune-based scooter manufacturer Kinetic Motor in 2008.
  14 charged in Wall St insider trading case (06 November 12:36)
The FBI has charged 14 people, out of which five have already pleaded guilty, in a case related to the $20 million hedge fund insider-trading scam, the largest ever such case in the US.
  A bleak future awaits Indias retail chains (06 November 12:36)
With govt still not keen on FDI, several organised retail chains will find it difficult to fund expansion.
  Majority of Indians use Twitter for news (06 November 10:36)
While 11 per cent use it to stay in touch with their friends, 10 per cent use the website for research purpose, according to the survey.
  India among top 50 in global competitiveness (06 November 10:36)
The review also stated that bureaucracy, over-regulation and corruption still affect functioning markets and labour markets in particular.
  New green norm may cause 3000 scrap units closure (06 November 10:36)
In July, the Union ministry of environment and forests tightened scrap trade norms and restricted import through only processing units. Through this, the government barred over 5,000 scrap ...
  Maytas Infra bags Rs 790 cr road project (06 November 04:35)
Maytas Infra Ltd (MIL) has announced that it has bagged the Rs 790-crore Pune-Solapur road contract from IL & FS Transportation Networks Ltd. The project is to be completed in 20 months...
  BCCI opens bidding for 10-yr IPL theatre rights (06 November 04:35)
Sources say PVR Cinemas, BIG Cinemas, UTV and UFO are in the race. Theatrical rights will include rights to screen the matches live in cinema halls, along with rights to telecast the matches...
  Intel in talks with ITI for WiMAX JV (06 November 04:35)
The world's largest chip maker Intel is preparing to participate in bids recently invited by ailing state-run telecom equipment manufacturer Indian Telecom Industries to set up joint venture...
  Trai mulls fixing SMS termination charges (06 November 04:35)
In the next few months new operators offering a large number of free short messaging service deals to attract mobile subscribers might soon find it difficult to do so. Telecom operators that...
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