BUSINESS INDIA

BBC News Mkts end higher amid choppy trade; metal
Moneycontrol.com - 1 hour ago
The markets closed the session on a positive note amid volatility since morning and have not reacted much to the weak inflation numbers, which stood at 7.83% versus 7.61%, that was way above market expectations of 7.59%.
Markets end firm after choppy session Livemint
Buy Cairn India TopNews
Economic Times - Hindu Business Line - Hindu - India Infoline.com
all 238 news articles »

Thaindian.com Inflation figures worrisome, matter of concern: Chidambaram
Sify - 1 hour ago
New Delhi: With India's wholesale inflation, the weekly measure of price trends, rising to 7.83 per cent for the week ended May 3, the government may take more steps to control prices.
Annual inflation heads towards 8 pct Reuters India
Inflation veers out of control; touches 7.83 pc Hindu
Press Trust of India - Financial Express - Hindu
all 25 news articles »
Sensex spurts 106 pts as blue chips move up
Sify - 2 hours ago
After remaining highly choppy for around four hours, the Sensex has rallied sharply in late afternoon trade thanks to some strong buying in Ranbaxy Laboratories (3.65%), HDFC Bank (2.25%), Hindustan Unilever (2.05%), DLF (1.15%), ICICI Bank (1%), ...
Mkts end higher amid choppy trade; metal Moneycontrol.com
Sensex has a choppy ride; Ranbaxy rallies Sify
Sify - Sify - Sify - Sify
all 117 news articles »

India Infoline.com Govt approves Navi Mumbai airport: report
India Infoline.com - 4 hours ago
In the new airport project, the first right of refusal has been granted to the Mumbai International Airport (MIAPL) which is developing the existing airport.
Navi Mumbai airport to take off in 2012 Daily News & Analysis
Approval for Navi Mumbai airport Business Standard
Times of India - Economic Times - Financial Express
all 8 news articles »
Gold sales dip by 11 pc during Akshaya Tritiya
Hindu - 1 hour ago
New Delhi (PTI): Gold lost some of its sheen during this year's auspicious Akshaya Tritiya festival as sales dropped by 11 per cent due to higher price of the precious metal, a study by World Gold Council says.
India gold sales weak over festival as prices bite Reuters India
Indian gold demand down by 11 pct during Akshaya Trithiya - WGC Forbes
Hemscott
all 9 news articles »

domain-B RCom gets $750mn from China Dev Bank
Business Standard - 5 hours ago
Reliance Communications (RCom) has received a $750 million (Rs 3000 crore) loan from China Development Bank that would be invested in building a nation-wide GSM footprint for the telephony major.
RCOM raises Rs30bn loan from Chinese bank: report India Infoline.com
Reliance Communications obtains $750 million from China ... domain-B
Sify - Economic Times - Economic Times
all 10 news articles »

Zee News Tech Mahindra wins US$700mn contract from BT: report
India Infoline.com - 5 hours ago
This is one of the largest contracts bagged by Tech Mahindra. Earlier, Tech Mahindra had won US$350mn contract and US$1bn IT outsourcing deal from BT Tech Mahindra has reportedly bagged an order worth US$700mn from British Telecom (BT) for transforming ...
Tech Mahindra gets $700 mln contract from BT - paper Reuters India
:.Tech Mahindra clinches $700-mn outsourcing deal from BT Indiaoutsourcewatch.com
Forbes - Myiris.com - Economic Times
all 10 news articles »
Indian sugar futures rise on lower delivery hopes
Reuters India - 2 hours ago
MUMBAI, May 16 (Reuters) - Indian sugar futures rose on Friday on hopes that there would be lower physical deliveries at exchange warehouses when the May contract expires next week compared to last month, analysts said.
Corn up on export, barley on local demand Economic Times
NCDEX trade volumes at Rs 13.67 bn Myiris.com
Reuters India - Reuters India - Reuters India - Reuters India
all 80 news articles »
ICICI Bank launches Platinum Identity Credit Card
Moneycontrol.com - 4 hours ago
ICICI Bank, India’s largest private sector bank today announced the launch of the ICICI Bank ‘Platinum Identity’ Credit Card.
Now travel and live without cash, ICICI shows the way Rupee Times
ICICI Bank Launches Platinum Identity Credit Card TopNews
Economic Times
all 5 news articles »

MSN India PNB profit rises 33% for full year; Q4 net grows 129%
Hindu Business Line - 17 hours ago
Dr KC Chakrabarty, Chairman and Managing Director, Punjab National Bank (right) with Mr K. Raghuraman, Executive Director, at a press conference in the Capital on Thursday.
PNB Q4 net profit up two-fold at Rs. 544 crore Hindu
UPDATE 1-PNB targets 22 pct net profit growth in FY09-chairman Reuters India
Business Standard - NDTV.com - The Statesman - Economic Times
all 40 news articles »
Tata Investment to raise Rs 723 crore
Business Standard - 3 hours ago
Tata Investment Corporation will be raising a total of Rs 723 crore through a rights issue of Zero-coupon Convertible Bonds (with Warrants) (ZCB).
Tata Invt to raise 4.48 bln rupees via bonds rights issue Reuters India
Tata Investment to raise Rs 4.48 bn Myiris.com
all 4 news articles »

MSN India Exiting concrete biz completely as it's
Moneycontrol.com - 7 hours ago
Lafarge has bought L&T's concrete unit for USD 349 million. YM Deosthalee, CFO of L&T said they sold the concrete business at an EV of Rs 1480 crore.
Lafarge to raise debt from local markets for L&T Concrete deal Economic Times
L&T to boost infra with Lafarge money for infra Business Standard
Hindu Business Line - Livemint - Times of India - TopNews
all 60 news articles »

TopNews Rane NSK Steering opens Steering Column
Moneycontrol.com - 18 hours ago
To better serve its global customers’ rapidly growing vehicle production in the Delhi region, RNSSL, one of India’s leading Steering System makers, today inaugurated a new, state-of-the-art production plant at Bawal, Haryana, 80 kilometers southwest of ...
Rane Group earmarks Rs 200 cr for expansion Hindu Business Line
Rane NSK Steering System to invest Rs 20 cr in Singur Economic Times
Reuters India - domain-B - Thaindian.com - Automotive World (subscription)
all 17 news articles »
CSE gets offers from European exchanges
Hindu - 17 hours ago
KOLKATA: At least two European exchanges are keen to collaborate with the Calcutta Stock Exchange (CSE) which is readying itself to celebrate its 100 years.
Overseas bourses eye stake in CSE Times of India
Global SEs keen to tie up with CSE The Statesman
Financial Express - Business Standard - Howrah News Service - Financial Express
all 8 news articles »

MSN India Court warns banks on recovery thugs
Calcutta Telegraph - 14 hours ago
New Delhi, May 15: The Supreme Court today told banks they could not hire musclemen to threaten and humiliate loan defaulters into paying up, a tactic that has led several of the victims to commit suicide.
SC dismisses ICICI Bank's plea on loan recovery issue Economic Times
‘Don’t use goons for loan recovery’ Hindustan Times
Daily News & Analysis - Deccan Herald
all 11 news articles »

India Infoline.com L&T in pact with GE Energy for tapping power market
Economic Times - 5 hours ago
16 May, 2008, 1254 hrs IST, PTI MUMBAI: Engineering and construction major Larsen and Toubro on Friday said it has entered into a strategic partnership with GE Energy for focusing on the Indian power generation market.
L&T ties up with GE Energy for power systems Sify
L&T, GE Energy in partnership for Indian power generation markets ... Forbes
India Infoline.com - Thaindian.com
all 12 news articles »

TechShout! Yahoo! India launches New Yahoo! Search Marketing Platform
Moneycontrol.com - 21 hours ago
Yahoo! India, the leading Internet company, today announced the launch of its new Yahoo! Search Marketing (YSM) platform. This new sponsored search system is designed to enable advertisers to do more with their campaigns and gain a higher return on ...
Yahoo launches new service for advertisers Business Standard
Yahoo! India launches new search marketing platform for ... exchange4media.com
TechShout! - SDA India Magazine - ITvoir - PR Web (press release)
all 13 news articles »
See Re at 44/$ levels in next 3-6 mnths: Deutsche Bk
Moneycontrol.com - 8 hours ago
Mirza Baig, Currency Strategist at Deutsche Bank said that he been fairly bearish on the Indian rupee and he is looking at an upmove up to 44/USD in the next three-six months.
India's Rupee Declines After Inflation Unexpectedly Accelerates Bloomberg
India's growth robust, irreversible: World Bank Press Trust of India
Reuters India - Business Standard - NDTV.com - Economic Times
all 116 news articles »

Telegraph.co.uk Bharti prefers 51% MTN stake
Times of India - 7 hours ago
NEW DELHI: Bharti's run for taking over South African telecom major MTN has entered into a crucial negotiation phase. While the Indian telecom major is keen to acquire 51% stake, MTN's management is pushing Bharti for buying out the entire company ...
MTN chief may head new firm Business Standard
Bharti-MTN look to sorting out regulatory hurdles Economic Times
Myiris.com - Calcutta Telegraph - Reuters India - NDTV.com
all 340 news articles »
DCM Shriram To Make Entry Into Hybrid Seed Business
TopNews - 3 hours ago
Diversified group DCM Shriram is all set to enter the hybrid seed business and would concentrate on positioning itself as a major global player.
DCM Shriram to enter seed business Economic Times
DCM Shriram to invest up to 1 bln rupees in retail unit Reuters India
Myiris.com - Moneycontrol.com
all 7 news articles »




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