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Insurance bill tweak on agenda (07 November 12:12) |
| New Delhi, Nov. 6: The government may rework the insurance reform bill, now before Parliament, to make it more acceptable to both the allies and the opposition parties, whose support is nece... |
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British Airways suffers loss (07 November 12:12) |
| London, Nov. 6: British Airways (BA) today announced its worst-ever interim loss since its privatisation in 1987 amid falling numbers of lucrative business travellers and freight cargo, as w... |
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Pay more to fly Jet Kingfisher (07 November 12:12) |
| New Delhi, Nov. 6: Private carriers Kingfisher and Jet Airways today raised fuel surcharge by up to Rs 200 following a 9 per cent spike in jet fuel prices. |
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Margin fear prompts SBI deposit rate cut (07 November 12:12) |
| Mumbai, Nov. 6: The State Bank of India (SBI) today reduced interest rates on deposits by 25-50 basis points across select maturities in an attempt to push up margins. The nationalised bank ... |
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Huawei bags BSNL deal (07 November 12:12) |
| New Delhi, Nov. 6: State-run Bharat Sanchar Nigam Ltd (BSNL) has awarded part of its expansion contract in GSM-based mobile services to Huawei, despite security concerns over the use of Chin... |
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Anil loses key man to Modi (07 November 12:12) |
| Mumbai, Nov. 6: Sudip Bandyopadhyay, credited with turning Anil Ambani's Reliance Money into a financial services powerhouse, has left the company. |
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Tea exports decline 13 (07 November 12:12) |
| Calcutta, Nov. 6: Tea exports dropped 13 per cent during the first nine months of 2009 because of a shortfall in production. |
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Workers at Rico Auto call off strike (07 November 12:12) |
| New Delhi, Nov. 6: Workers at Rico Auto Industries have called off their nearly two-month-long strike after an agreement was struck with the management on the reinstatement of some employees... |
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China queers Jindals Aussie pitch (06 November 01:09) |
| Calcutta, Nov. 5: Jindal Steel and Power Limited has a new competitor in the race to acquire Australian coal miner Rocklands Richfield. |
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Stocks rebound on PSU selloff plan (06 November 01:09) |
| Mumbai, Nov. 5: Stocks staged a smart recovery in late trading today, buoyed by the government's decision to divest stake in profit making PSUs. |
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New code to address taxpayers concerns (06 November 01:09) |
| New Delhi, Nov. 5: The government today said it would address the concerns of the companies and other taxpayers in the new direct tax code. |
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GVK touches down at Bangalore airport (06 November 01:09) |
| Mumbai, Nov. 5: GVK Power and Infrastructure has acquired a 12 per cent stake in Bengaluru International Airport from Zurich Airport for Rs 484.6 crore. |
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WEF meet to focus on inclusion (06 November 01:09) |
| New Delhi, Nov. 5: Skill development, economic inclusion and gender are expected to dominate the deliberations at the three-day India Economic Summit, which will be inaugurated by Prime Mini... |
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Token hike in wheat support price (06 November 01:09) |
| New Delhi, Nov. 5: The government today hiked the minimum support price (MSP) of wheat by Rs 20 a quintal to encourage farmers to grow more during the rabi season. |
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Gas case back to square one (05 November 02:14) |
| New Delhi, Nov. 4: The Ambani gas case in the Supreme Court will be heard afresh from tomorrow as one of the judges opted out today over potential conflict of interest. |
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Reliance to get Cairn crude (05 November 02:14) |
| Mumbai, Nov. 4: Cairn India will supply crude from its Rajasthan block to Reliance Industries. |
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Govt works on easier bank FDI norms (05 November 02:14) |
| New Delhi, Nov. 4: The government is holding talks with the Reserve Bank of India to ease the foreign direct investment norms for banks with over 50 per cent foreign ownership but run by Ind... |
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Kingfisher BPCL bury the hatchet (05 November 02:14) |
| Mumbai, Nov. 4: Bharat Petroleum Corporation Ltd today reached an out-of-court settlement with Vijay Mallya's Kingfisher over the non-payment of dues by the airline. |
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SBI home loan offer to stay (05 November 02:14) |
| Mumbai, Nov. 4: The State Bank of India today said that it might not immediately withdraw its tempting offer of home loans at an interest rate of 8 per cent for the first year of the repayme... |
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Pawar holds out hope (05 November 02:14) |
| New Delhi, Nov. 4: Agriculture minister Sharad Pawar today said food prices were expected to stabilise after the rabi crop is harvested early next year. |
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Power trio selloff by fiscal end (05 November 02:14) |
| New Delhi, Nov. 4: Three power firms ' NTPC, REC and Satluj Jal Vidyut Nigam ' will hit the markets before the end of this fiscal, power minister Sushil Kumar Shinde said today. |
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Big leap in telecom march (05 November 02:14) |
| New Delhi, Nov. 4: The country's telecom subscriber base has crossed 500 million. |
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Prop for local parts (05 November 02:14) |
| New Delhi, Nov. 4: The government wants to beef up the manufacture of telecom equipment in India to allay security concerns over the use of foreign devices. |
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Centre to stick with stimulus (04 November 01:02) |
| New Delhi, Nov. 3: India will continue with the tax cuts and other stimulus measures in the face of the monsoon harvest showing a 15-million-tonne shortfall in rice. |
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More PSUs in selloff queue (04 November 01:02) |
| New Delhi, Nov. 3: The government has identified more state-run companies which would be brought to the market when the conditions favour the issue of share capital. |
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Regulators for core industries on the cards (04 November 01:02) |
| New Delhi, Nov. 3: Finance minister Pranab Mukherjee today said the government was working on setting up a coal regulator. |
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IMF move to perk up gold price (04 November 01:02) |
| Calcutta, Nov. 3: The emergence of India as a surprise buyer of IMF gold has generated expectations that Asian countries are dumping their dollar reserves in favour of physical gold. |
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Steel to become cheaper (04 November 01:02) |
| New Delhi, Nov. 3 (PTI): Top steel makers SAIL, JSW Steel, Essar and Ispat Industries today cut prices of their products by up to Rs 1,500 a tonne, mainly on account of falling global demand... |
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Grim firm tidings take toll on stocks (04 November 01:02) |
| Mumbai, Nov. 3: The stock markets hit a two-month low on Tuesday as the 30-share BSE sensex plummeted nearly 500 points on weak global cues and poor corporate quarterly earnings over the wee... |
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Raja seeks clarity on tariff plans (04 November 01:02) |
| New Delhi, Nov. 3: Telecom minister A. Raja today discussed issues relating to 3G auction, tariff plans and rural teledensity at a closed-door meeting with the heads of mobile firms. |
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Raja to clear the air on spectrum (03 November 12:57) |
| New Delhi, Nov. 2: Telecom minister A. Raja will meet the heads of telecom companies and Internet service providers from tomorrow to discuss issues such as spectrum allocation and the CBI pr... |
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Recession drags US lender into bankruptcy (03 November 12:57) |
| New York, Nov. 2 (Reuters): CIT Group Inc, a lender to small and medium-sized businesses, filed for bankruptcy as the global financial crisis left it unable to fund itself and the recession ... |
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Emami cements Bengal ties (03 November 12:57) |
| Calcutta , Nov. 2: Calcutta-based Emami Group will set up a cement plant in Bengal. The move is part of the group's entry into the cement business covering three states ' Bengal, Orissa and ... |
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Cheap coal import plan in the works (03 November 12:57) |
| Calcutta, Nov. 2: Coal India is working on strategic tie-ups with overseas coal producers to import the dry fuel at rates less than the landed price. The country is expected to import 100 mi... |
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LIC raises stake in Tata Tea to 16 (03 November 12:57) |
| Mumbai, Nov. 2: The Life Insurance Corporation of India has raised its stake in Tata Tea to 16.03 per cent after buying shares worth Rs 113.10 crore through open market transactions. |
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Essar eyes early sale of Raniganj gas (03 November 12:57) |
| New Delhi, Nov. 2: The sale of natural gas from the Raniganj coal bed methane block operated by Essar is likely to begin in the last quarter of this fiscal. |
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SBI reveals Indore swap ratio (03 November 12:57) |
| Mumbai, Nov. 2 (PTI): The State Bank of India has decided the share swap ratio for the merger of the State Bank of Indore with itself. For every 100 shares held in its smallest subsidiary, a... |
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Social issues prolong EU trade negotiations (03 November 12:57) |
| New Delhi, Nov. 2: India and the European Union are unlikely to meet the 2010 deadline set by the European parliament to ink the free trade pact as Brussels has linked human rights, climate ... |
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Fiat to upgrade Linea (03 November 12:57) |
| New Delhi, Nov. 2: Italian car maker Fiat is planning to launch an advanced version of the mid-sized sedan Linea next year after it received a good response for the car. |
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McNally Bharat posts marginal rise in net (03 November 12:57) |
| Calcutta, Nov. 2: McNally Bharat Engineering today reported a net profit of Rs 3.6 crore for the July-September quarter against Rs 3.2 crore in the corresponding period last fiscal. |
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Seiko maps growth strategy for India (03 November 12:57) |
| Calcutta, Nov. 2: Seiko Watch India Pvt Ltd ' a wholly owned subsidiary of Japan's Seiko Watch Corporation ' aims to break even in the next two years. The company was incorporated in June 20... |
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New formula for land (02 November 12:47) |
| New Delhi, Nov. 1: A system of a regular payment of cash, rather than a fixed amount, to those displaced by industrial and mining projects is on the steel ministry's radar. |
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Britannia workers seek Mamata help in rent row (02 November 12:47) |
| Calcutta, Nov. 1: Calcutta, Nov. 1: The workers' union at Britannia Industries Ltd has sought the intervention of railway minister Mamata Banerjee and Union minister of state for shipping Mu... |
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Bigger status for select navratnas (02 November 12:47) |
| Calcutta, Nov. 1: The government plans to accord maharatna status to some large PSUs, enabling them to possess a greater flexibility in their operations. |
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IOC limbers up for nuclear power foray (02 November 12:47) |
| New Delhi, Nov. 1: State-owned Indian Oil Corporation will sign a joint venture agreement with Nuclear Power Corporation of India Ltd (NPCIL) this month. |
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Nissan to roll out Murano (02 November 12:47) |
| New Delhi, Nov. 1: Nissan India will launch its premium sports utility vehicle (SUV) Murano in India by the first half of next year. |
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Centre upbeat on Posco (02 November 12:47) |
| New Delhi, Nov. 1 (PTI): Posco's Rs 54,000-crore steel project in Orissa may get off the ground by January next year as the state government is "actively working" to remove the hurdles. |
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Wealth managers see better days (02 November 12:47) |
| Mumbai, Nov. 1: Wealth managers are upbeat about their business prospects following the signs of an economic revival and the rally in stocks. |
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13 banks slip on farm loans (02 November 12:47) |
| New Delhi, Nov. 1 (PTI): Thirteen public sector banks, including the Bank of Baroda, Central Bank of India and Union Bank of India, have failed to achieve their annual target for farm sector... |
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State Bank profit rises 10 (01 November 01:28) |
| Mumbai, Oct. 31: The State Bank of India (SBI) today reported a 10.19 per cent growth in net profit at Rs 2,490.04 crore for the second quarter ended September 30. |
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