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Mar 18, 2010
 
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  Kingfisher to launch 7 international routes this summer! (16 March 05:43)
Kingfisher Airlines will launch seven international routes this summer, which include a daily non-stop flight between New Delhi and London starting March 28 and one between New Delhi and Hon...
  February inflation surges to 989 percent ! (16 March 05:43)
India`s wholesale price index (WPI) inflation soared to 9.89 percent in February from 8.6 percent a month before, putting the government under pressure to take policy actions to check rising...
  8737 mn new jobs likely by 2015 Assocham! (14 March 06:27)
The manufacturing sector is likely to generate 27.95 million jobs by 2015, according to a study.
  Parliamentary panel recommends Air India split! (13 March 05:18)
A Parliamentary committee on Friday termed the merger of Air India and Indian Airlines as a "marriage of two incompatible individuals".
  India most optimistic nation on hiring in Q2 Manpower! (10 March 05:41)
India continued to be the most optimistic nation in terms of hiring plans for the next three months, driven by strong job opportunities across all sectors, global staffing services firm Manp...
  Ford launches Figo priced at Rs 35-448 lakh! (10 March 05:41)
US carmaker Ford Tuesday launched its much anticipated global small car `Figo` in the Indian market, priced at Rs 3.5 lakh to Rs 4.48 lakh.
  Govt rules out fuel price hike rollback ! (04 March 05:37)
Govt Wednesday ruled out any rollback of duty hike on petroleum products despite Opposition`s protest.
  ADB to revise up 2010 Asia GDP forecast to above 7! (03 March 05:40)
The Asian Development Bank plans to revise upward its 2010 economic growth forecast for developing Asia to around 7 percent, citing the ability of some nations to quickly employ massive stim...
  Lyondell rejects Reliance bid Report ! (03 March 05:19)
Bankrupt petrochemicals firm LyondellBasell has rejected a bid by Indian energy major Reliance Industries, a news agency reported, citing two people briefed on the matter.
  Finland Sweden hit by record official recessions in 2009! (02 March 06:09)
The blast of the global downturn hit Finland and Sweden with the worst recessions for more than half a century last year, official data showed on Monday.
  PM rules out roll back of petrol and diesel prices! (02 March 06:09)
Prime Minister Manmohan Singh on Monday ruled out any roll back in petrol and diesel prices.
  Feb manufacturing growth at 20-month high PMI! (02 March 06:09)
India`s manufacturing industry in February grew at its fastest pace in 20 months, expanding for the third month thanks to expanding output and new orders, a survey showed.
  I-T dept alerts tax-payers against sharing financial info! (28 February 05:12)
The I-T department has alerted tax-payers against sharing personal financial information like PAN card number and credit cards details on the internet in the wake of a spurt in fake e-mails ...
  PF depositors to get 85 return for 2010-11! (28 February 05:12)
Retirement fund manager EPFO`s key advisory body Finance and Investment Committee (FIC) has recommended 8.5 percent interest on provident fund deposits for 2010-11, the same return given to...
  Budget 2010 Pranab raises tax slabs begins stimulus rollback! (27 February 06:04)
The Union Budget 2010-11 proposed a sizable tax relief for individuals, but hiked the excise and MAT as part of the partial stimulus rollback.
  Aiming for 9 GDP growth Pranab! (27 February 05:32)
Pranab Mukherjee says budget aims to give required direction to economy and to achieve 9% GDP growth.
  Pranab gets a pat on the back from the PM ! (27 February 05:32)
PM Singh expressed hope that Budget proposals will help accelerate the growth momentum to a 9 percent level.
  Maruti Hyundai to hike prices after excise duty increase! (27 February 05:32)
Major auto makers in the country on Friday reacted to the government`s decision to increase the central excise duty to 10 percent by saying they will increase car prices -- possibly by up to...
  India Inc lauds FM for good Budget regrets MAT hike! (27 February 05:32)
Indian industry on Friday welcomed the Union Budget for 2010-11 saying it was a balanced approach though it expressed disappointment over the hike in minimum alternate tax (MAT) from 15 per ...
  Budget impact Dearer - Cheaper! (27 February 05:32)
Cars, TV, tobacco are set to become dearer whereas mobile accessories and toys will be cheaper.
  Economic Survey Govt optimistic on growth! (25 February 06:03)
The Finance Ministry Thursday tabled a cautious but optimistic Economic Survey 2009-10 in parliament.
  FM to table Eco Survey Finance Commission report! (25 February 06:03)
A day before unveiling the Budget, Finance Minister Pranab Mukherjee will table the Economic Survey in Parliament on Thursday which will take stock of the economy and also the impact of stim...
  India Inc welcomes Rail Budget with reservations! (25 February 05:40)
Railways Minister Mamata Banerjee presented the Railway Budget for the 2010/11 financial year in Parliament on Wednesday.
  AI to connect Washington with Indian cities via Milan! (25 February 05:40)
India`s national carrier Air India will soon launch daily flights between Washington and Indian cities with a stopover in Milan.
  Hyundai Motor to recall Sonatas in S Korea US! (25 February 05:40)
South Korea`s Hyundai Motor Co will recall about 46,000 units of its Sonata sedan in the domestic market and another 1,300 in the United States, media reports said on Wednesday.
  Sensex pares early morning losses! (25 February 05:40)
A benchmark index of Indian equities pared its early morning losses Wednesday and was flat about half an hour into trade.
  Toyota chief says sorry admits Co perhaps grew too fast ! (25 February 05:40)
Toyota President Akio Toyoda apologised Tuesday for accidents caused by faulty models and admitted the world`s largest manufacturer may have grown too fast for its own good.
  No hike in passenger fares freight rts cut! (25 February 05:40)
Mamata Banerjee kept her populist promises leaving passenger fares unchanged in Rail Budget 2010-11.
  Passenger fare hike unlikely in Rail Budget! (23 February 05:44)
Passenger fares are unlikely to be revised in the Railway Budget to be presented Wednesday.
  Mercedes-Benz launches Rs6-crore S-Guard! (23 February 05:20)
German car major Mercedes-Benz Monday launched its luxury limousine S-Guard in the country with cost around Rs 6 crore (ex showroom).
  Lending rates not to move up till May-June SBI! (21 February 05:36)
State Bank Chairman OP Bhatt on Saturday said lending rates in the banking system are unlikely to rise at least in the next 3-4 months as hiking rates in a low-demand scenario could hurt ban...
  No prosecution in cheque bounce case if issued as security! (20 February 05:40)
The Bombay High Court has held that if a blank post-dated cheque -- which has been issued only as a "collateral security" for a loan -- bounces, the debtor cannot be prosecuted under the Neg...
  Toyota faces new probe on Corolla steering in US! (18 February 05:55)
US regulators launched a preliminary investigation into reported steering problems on the Corolla sedan on Wednesday.
  Asian airports worlds favourites Hbad airport enters list! (17 February 05:44)
Asian airports, with Seoul`s Incheon top of the list for the fifth year in a row, have been voted by travellers the world`s top five for passenger service, the global airports body ACI said ...
  Inflation rises to 856 percent in January ! (15 February 06:18)
India`s wholesale price index rose 8.56 percent in January from a year earlier, driven by higher food prices, government data showed on Monday.
  Co-operative bank failures tally hits 32 in 2009! (14 February 06:08)
As many as 32 co-operative banks in the country folded up last year forcing the depositors to invoke insurance guarantee to recover part of their losses.
  RBI wants banks to cut interest rates ! (11 February 05:45)
RBI has asked banks to pass on the lower interest rate benefits to consumers by slashing lending rates.
  Fuel price hike likely tomorrow ! (11 February 05:45)
The Cabinet is likely to discuss on Thursday a Petroleum Ministry proposal for increase in fuel prices.
  Economy likely to grow 72 in 2009-10 Govt! (08 February 05:41)
India`s economy is expected to grow at 7.2% in 2009-10, the govt said on Monday.
  Sensex down 95 pts in early morning trade! (08 February 05:41)
The Bombay Stock Exchange benchmark Sensex fell by over 95 points in early morning trade on Monday on selling by funds in oil and gas, banking and IT sector stocks amid weak Asian cues.
  Maruti looks to export Ritz to South-East Asia Middle East! (07 February 05:41)
With shipment of Ritz to Indonesia starting last month, the country`s largest carmaker Maruti Suzuki today said it will now look for opportunities to export the small car to South-East Asia ...
  IMF projects India to grow by 8 next fiscal! (05 February 05:47)
The International Monetary Fund on Thursday said Indian economy will grow by 6.75 per cent this fiscal and return to its pre-crisis level of 8 per cent next year even if the developed world ...
  Cadburys top bosses resign following Krafts takeover ! (05 February 05:47)
Within a month of Cadbury`s buyout by American chocolate maker Kraft Foods, top three executives of the British confectioner have announced their resignation from the company.
  US orders Prius brake probe adding to Toyota woes! (05 February 05:47)
US authorities Thursday ordered a formal investigation into reported braking problems in the 2010 Toyota Prius, in a fresh expansion of safety issues plaguing the Japanese auto giant worldwi...
  Open to all options to settle row with Jet Sahara! (05 February 05:47)
Sahara Group chief Subrata Roy On Thursday said his company is open to all options to settle the row with Jet Airways over non-payment of instalments in the Air Sahara buyout deal.
  Ranbaxy corrective actions have been inadequate FDA! (05 February 05:47)
US Food and Drug Administration (FDA) has said Ranbaxy is not taking adequate corrective measures to meet regulatory requirements even after receiving warning letters from it.
  Toyota Q3 net profit shoots up to USD 168bn! (05 February 05:47)
Riding on the back of higher vehicle sales, Toyota Motor Corp has returned to black, posting a profit of 153.2bn yen (about USD 1.68bn).
  Food inflation rises to 1756! (04 February 07:31)
Food inflation inched up to 17.56 percent for the week ended January 23 on account of rising prices of potato and pulses.
  SC grants bail to PriceWater auditor in Satyam case! (04 February 07:31)
The Supreme Court on Thursday granted bail to PriceWaterhouseCoopers auditor Srinivas Talluri who was arrested in Satyam fraud case for allegedly conniving with its founder B Ramalinga Raju ...
  Monster to pay $225 mn for Yahoos HotJobs site! (04 February 07:31)
Monster Worldwide Inc said on Wednesday that it will buy Yahoo Inc`s HotJobs site for USD 225 million in cash, citing an improving job market.
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