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Nov 08, 2009
 
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The Asian Age - Business
  Current Headlines  |  Most Read  |  Archives 
  DoT may miss portability call (07 November 08:41)
PAWAN BALI New Delhi Nov. 6: India is likely to miss the December 31 deadline for starting the mobile number portability (MNP) scheme. The MNP gives a custo-mer the freedom to change tele...
  IPI gas talks to resume on 16th (07 November 08:41)
Age Correspondent New Delhi Nov. 6: A final agreement on the Iran-Pakistan-India (IPI) pipeline is being held up due to differences on the delivery point of the gas. "They (Iran) hav...
  MCX-SE for delivery system (07 November 08:39)
Olga Tellis Mumbai Nov. 6: The MCX stock exchange (MCX-SE) which is awaiting Sebi's nod for equity trading, will introduce a delivery-based system in the derivatives market. This will be ...
  Gold funds beat ETFs in returns (07 November 08:36)
YOGESH MEHENDALE Mumbai Nov. 6: Though, the gold ETF’s have given returns of 43 per cent in the past one year, the investors who preferred the world gold funds that invest in the stocks ...
  BSNL to talk to Zain directly (07 November 08:36)
New Delhi, Nov 6: The state-owned BSNL on Friday said that it may directly talk to Zain Telecom to acquire a controlling stake after the exclusive talks period between the consortium Vavasi ...
  S Tel set to launch tele services (07 November 08:35)
AGE CORRESPONDENT Chennai Nov. 6: S Tel Pvt Ltd, a new telecom operator in the GSM space promoted by the $3-billion Siva group and Bahrain Telecommunications Company (Batelco), has achieve...
  US names ISB director in scam (07 November 08:35)
New York, Nov. 6: The Federal Bureau of Investigation (FBI) has charged 14 people, including two Indians and the Wall Street professionals, in the $53 million insider trading scam, the large...
  The world at your fingertips (07 November 08:32)
Age Correspondent Mysore Nov. 6: The blue-eyed boy who stole the show at TED India conference, was und-oubtedly, Mr Pranav Mistry, who wowed the audience with a demo of SixthSense, an inex...
  Gayatri to tap power sector (07 November 08:32)
Age Correspondent Hyderabad Nov. 6: Hyderabad-based Gayatri Projects Ltd plans to operationalise its Rs 7,900-crore Krishnapatnam power plant in middle of 2013. "We have got land and...
  Pagaria to set up plant in MP (07 November 08:31)
AGE CORRESPONDENT Mumbai Nov. 6: The R.S. Pagaria Group has signed an MoU with the Madhya Pradesh government for setting up a thermal power plant in Sahdol district. The proposed plant has...
  No-bribe biz worth $1 trillion (07 November 08:31)
Sangeetha Chengappa Mysore Nov. 6: As aspiring entrepreneurs continue to scour the business world for new opportunities to start a scalable business venture, 38-year-old Shaffi Mather has ...
  NMDC EIL to hit bourses (06 November 09:29)
New Delhi, Nov. 5: Over half a dozen listed central public sector enterprises, including the mining major NMDC and the oil engineering firm EIL will have to hit the capital market again in o...
  Mukesh told to reapply for SEZ (06 November 09:25)
AGE CORRESPONDENT New Delhi Nov. 5: The Centre has asked Mukesh Ambani’s Mumbai SEZ Ltd to put up a fresh proposal for setting up a multi-product special economic zone at Raigad in Mahar...
  Centre to remove 11 cap on CEOs salary (06 November 09:25)
Age Correspondent Hyderabad Nov. 5: The Union minister for corporate affairs, Mr Salman Khurshid, said that the existing 11 per cent cap on salaries of top management officials has been re...
  Wipro buys Yardleys Asia Africa business (06 November 09:24)
Age Correspondent Bengaluru Nov. 5: Wipro on Thursday said it is acquiring heritage personal care brand Yardley's business in the growth markets of tomorrow, a buy that would help the firm...
  Banks need to align with NSE BSE Sebi (06 November 09:23)
AGE CORRESPONDENT Chennai Nov. 5: The Securities and Exchange Board of India (Sebi) will take more initiatives to protect and educate small investors. "The ban of entry load on mutua...
  Insurers to hike group policy price (06 November 09:21)
YOGESH MEHENDALE Mumbai Nov. 5: If you are a beneficiary of a group health insurance policy, then be prepared for a 35 to 40 per cent hike in your premium. Observing that the group health...
  FM may modify tax code (06 November 09:20)
AGE CORRESPONDENT New Delhi Nov. 5: The Union finance minister, Mr Pranab Mukherjee, said that the Centre will look into the concerns raised by the taxpayers and the corporate sector inclu...
  Food inflation up 13 (06 November 09:20)
AGE CORRESPONDENT New Delhi Nov. 5: The food inflation rose to 13.39 per cent for the week ending on October 24 due to shortage in the agriculture commodities supply caused by a deficient ...
  Centre may get tough with pilots (06 November 09:20)
Age Correspondent New Delhi Nov. 5: The civil aviation ministry said on Thursday a strike by Air India’s pilots would not solve the problems faced by the airline. Ministry sources said ...
  Bank audits flawed CBI (06 November 09:18)
Panaji, Nov. 5: Public sector undertakings, especially nationalised banks, often ignore financial crimes in their internal audits and sometimes even delay the prosecution of their accused em...
  Gold down Rs 20 off record level (06 November 09:17)
Mumbai, Nov. 5: Gold prices reacted marginally from its overnight record highs on the bullion market in Mumbai on Thursday due to reduced demand from stockists and retailers at higher levels...
  The example from Europe (06 November 09:17)
K Subramanya Clean and renewable energy is rightly on the agenda of the 10th India-EU Summit taking place in Delhi this week wherein an agreement will be signed between India and the Europe...
  Education pedigree matters to MNCs (06 November 09:17)
Chiranjit Banerjee Mckinsey, the global powerhouse in strategic management consulting, have set up a captive knowledge centre in India some time back. As I learnt from one of their former ...
  Sudha to fund VC Murthy (06 November 09:13)
DC Correspondent Bengaluru Nov. 5: She’s the original VC. In 1981, Sudha Murthy sold her jewellery to give her husband N.R. Narayana Murthy Rs. 10,000, seed money to start Infosys. The r...
  MS to cut 800 jobs globally (06 November 09:13)
New Delhi, Nov. 5: Global software major Microsoft will slash hundreds of jobs globally as part of its effort to realign business activities. The layoffs are expected to be across different...
  Shift of power can result in WWIII (06 November 09:13)
Sangeetha Chengappa Mysore Nov. 5: A speaker at the TED India conference on Thursday warned that the world may be heading towards World War III with the gradual shift of power to Asian eco...
  GE Edison-spotting (06 November 09:13)
S. Raghotham Bengaluru Nov. 5: When a chirpy 20-something Punjabi girl in pink tees and blue jeans begins to animatedly talk to you about how she’s trying to produce electricity using lo...
  Crude production to touch all-time high (05 November 08:37)
AGE CORRESPONDENT New Delhi Nov. 4: The Union petroleum minister, Mr Murli Deora, said on Wednesday that the country’s crude oil production is likely to jump by 11 per cent in the curren...
  Judges quit RIL cases (05 November 08:34)
Mumbai, Nov. 4: Two Supreme Court judges have recused themselves from two different cases pertaining to Reliance Industries Ltd (RIL), citing conflict of interest. Justice R.V. Raveendran, ...
  Centre to lay 20 km roads a day (05 November 08:28)
AGE CORRESPONDENT New Delhi Nov. 4: The road transport and highways minister, Mr Kamal Nath, said on Wed-nesday that his ministry’s plan to construct 20 kilometres of road per day has th...
  Sensex jumps 507 pts (05 November 08:27)
Age Correspondent Mumbai Nov. 4: The Indian stock markets soared on heavy short covering as those who had gone short on Tuesday expecting the market to fall further, rushed to cover their ...
  Gold glitters on Indias IMF buy rises Rs 390 (05 November 08:27)
Mumbai, Nov. 4: Gold continued its record-making spree and conquered yet another peak on the bullion market here on Wednesday, driven by aggressive buying from stockists and traders followin...
  Will Sibal face CBIs probe (05 November 08:27)
New Delhi, Nov. 4: Accusing Mr V.K. Sibal of having a "nexus" with private parties when he was chief of the upstream oil regulator, the Central Bureau of Investigation (CBI) has de...
  SMEs may get easy listing (05 November 08:24)
Age Correspondent New Delhi Nov. 4: The Securities and Exchange Board of India (Sebi) is meeting on November 9 to finalise the listing standards for the small and medium enterprises (SMEs)...
  States value is used for tax computation (05 November 08:24)
Kamal Rathi I had purchased a plot in May 1997 for Rs 30,677 and spent Rs 16,000 for its development. When I started negotiating the sale in January 2009, the stamp valuation authority (SV...
  PFRDA bill likely on Nov 19 (05 November 08:24)
New Delhi, Nov. 4: Aiming to take second generation reforms forward, the government is planning to table four financial sector bills, including the ones on pension reform and SBI legislation...
  Car makers look up to tap reverse brain drain (05 November 08:23)
Rebecca Rassendren Bengaluru Nov. 4: Carmakers in India are looking to tap talent outside India — primarily NRIs — to bridge the domestic skills gap. It is a good time to hire since q...
  Coming soon The IBM Telecom Web (05 November 08:22)
Goutam Das Bengaluru Nov. 4: For a less privileged person who cannot read or write, there is a parallel Web in the works. After the World Wide Web, it may be the ‘Telco Web’s’ turn t...
  Yahoo! teams with OneRiot (05 November 08:22)
San Francisco, Nov. 4: Yahoo Inc, looking to match rivals in providing up-to-the-minute Internet search results, is running tests with several real-time search partners, sources familiar wit...
  Men get metrotextual (05 November 08:21)
London, Nov. 4: Men have become so openly affectionate with each other using mobile technology they’ve taken to signing off text messages to male friends with a kiss (x), giving rise to a ...
  REC likely to come up with FPO in Feb (05 November 08:21)
New Delhi, Nov. 4: The Follow-on public offer (FPO) by the Rural Electrification Corporation (REC) is likely to hit the capital markets by February next year and the company will approach th...
  Oil fertiliser sops may dip (04 November 09:46)
Age Correspondent With Agency Inputs New Delhi Nov. 3: The Centre on Tuesday said that it is planning to cut the subsidy on fertiliser and oil to cut non-plan expenditure and contain fisc...
  Exports plunge 13 in Sept (04 November 09:45)
New Delhi, Nov. 3: India’s exports remained downhill for 12 months in a row, declining by 13.8 per cent to $13.6 billion in September, but the damage to exports inflicted by the recession ...
  RBI buys 200 tonnes of gold (04 November 09:39)
Mumbai/Washington, Nov. 4: The International Monetary Fund (IMF) has sold 200 tonnes of gold to the Reserve Bank of India (RBI) for $6.7 billion, quietly executing half of a long-planned bul...
  Recovery doubts hit global market (04 November 09:33)
Bangkok, Nov. 4: World stock markets were lower on Tuesday despite improvement in the US manufacturing as doubts lingered about the durability of a rebound in the world’s largest economy. ...
  Officers to visit Swiss next week (04 November 09:32)
AGE CORRESPONDENT New Delhi Nov. 3: The finance minister, Mr Pranab Mukherjee, said on Tuesday that a team from India will go to Switzerland next week to sought out the issue of black mone...
  UK unions to discuss JLR (04 November 09:23)
Dipankar De Sarkar London Nov. 3: British union leaders are to meet lawmakers from a key manufacturing belt on Wednesday in what has been dubbed an ‘MPs’ summit’ to discuss the fate ...
  IPO system needs to be democratised (04 November 09:22)
Olga Tellis With several IPO’s in the pipeline and many of them from government companies, it is time that the Securities and Exchange Board of India ushers in a more transparent, equal a...
  Fake note detector to check currency woes (04 November 09:21)
AGE CORRESPONDENT Mumbai Nov. 3: The threat of fake currency would recede with the advent of new counterfeit currency detectors, claims a top official of Kores India. Several bank ATMs ha...
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