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28 May 2007 year (time zone GMT 00:00)  Number of sources in English: 4959
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China's engines of growth

28.05.2007 23:00    rediff.com
The headlines in the South China Morning Post, among other regional newspapers this morning, are focused on the failure of the US-China trade talks.


Why have export promotion councils?

28.05.2007 22:59    rediff.com
The appreciating rupee may just be one of the reasons why the Indian textiles sector may have suffered in the exports market.

Essar to monetise 33% Hutch stake

28.05.2007 22:33    rediff.com
This delay was a result of controversies over a 15 per cent holding by Hutchison-Essar Managing Director Asim Ghosh, healthcare major Max's Analjit Singh and financial institution IDFC.

Hero Honda plans $300-350 motorbike

28.05.2007 22:33    rediff.com
Hero Honda is being egged on by the government's "unannounced concessions" in its 10-year vision statement, the Automotive Mission Plan, which envisages the development of low-cost vehicles.


Ranbaxy acquires US rights for 13 brands

28.05.2007 22:33    rediff.com
Ranbaxy earned $114 million from its US operations in 2006. It launched 10 new products during the year. The company said that the revenues from the sale of the newly acquired brands would be reflected from the next quarter.

Saudi group agrees to provide oil for planned Malacca pipeline

28.05.2007 20:26    dailystar.com.lb
Malaysian, Indonesian and Saudi Arabian firms on Monday signed agreements for construction of a pipeline that aims to divert 20 percent of oil flowing through the strategic Malacca Strait, the project owner said. Malaysia's Trans-Peninsula Petroleum said it signed an
Saudi group agrees to provide oil for planned Malacca pipeline

Nahr al-Bared clashes strangle business both inside and outside camp

28.05.2007 20:14    dailystar.com.lb
Before the clashes between the Lebanese Army and Fatah al-Islam began on May 20, Nahr al-Bared boasted the most viable economy of the 12 Palestinian camps and by all accounts was one of the North's main commercial hubs. After emerging
Nahr al-Bared clashes strangle business both inside and outside camp

Pork price rises fuel China inflation fear

28.05.2007 16:19    news.ft.com
A disease killing millions of pigs in China has sharply lifted the price of pork, the country's staple meat, fuelling fears about inflation and prompting a call for increased production.

DRI officials visit RIL SEZ in Jamnagar

28.05.2007 15:29    rediff.com
Directorate of Revenue Intelligence officials on Monday visited the Mukesh Ambani-promoted Special Economic Zone at Jamnagar to ascertain the area used for setting up the export zone.

Maharashtra may face huge power shortage

28.05.2007 14:29    rediff.com
Power-starved Maharashtra could face electricity shortage of 11,000 MW over the next five years if there is no capacity addition is undertaken, Chief Minister Vilasrao Deshmukh said.

Employers to give digitally signed Form 16

28.05.2007 14:28    rediff.com
With tax payers no longer required to append Form 16 with their returns, the Income Tax department has allowed employers to provide digitally signed statements of tax deducted at source to their employees.

BSE market cap hits trillion-dollar mark

28.05.2007 14:01    rediff.com
The Bombay Stock Exchange on Monday crossed the one trillion dollar milestone in terms of market capitalisation of all the companies listed on the bourse on the back of soaring share prices and an appreciating rupee.

Nafed plans big edible oil imports

28.05.2007 13:31    rediff.com
The National Agricultural Cooperative Marketing Federation of India Ltd has decided to actively trade in imported edible oils after failing to procure sufficient quantity of mustard seeds from the domestic market due to high price.

RCom appoints JP Morgan for stake sale

28.05.2007 13:31    rediff.com
Anil Ambani-led company Reliance Communications appointed JP Morgan as the merchant banker on Monday to look for strategic buyers for its wholly-owned tower subsidiary Reliance Telecom Infrastructure Ltd.

US futures commission to train FMC staff

28.05.2007 13:01    rediff.com
The US-based Commodity Futures Trading Commission has sent a delegation of senior staff to provide technical assistance and training to India's commodity futures regulator, the Forward Markets Commission.

Ranbaxy buys rights for skin products from BMS for $26 mn

28.05.2007 13:01    rediff.com
Continuing with its push in the US market, Ranbaxy Laboratories said on Monday it has acquired the marketing rights for 13 skincare products from Bristol-Myers Squibb Company for $26 million.

Glenmark to foray into pain management with new drug

28.05.2007 13:01    rediff.com
Glenmark Pharmaceuticals on Monday announced its Swiss subsidiary has completed phase I clinical trials for GRC 6211, a pain reliever, and plans to launch the molecule in 2011.

Apple farming in Kashmir in crisis

28.05.2007 13:01    rediff.com
Apple farming - one of the major sources of revenue in the strife-torn Jammu and Kashmir - is in a grave crisis these days.

'High attrition, property prices to impact BPOs'

28.05.2007 13:01    rediff.com
The growth of India's BPO industry is likely to get adversely impacted due to high attrition rate and unprecedented hike in property prices, Assocham said on Monday.

China's ICBC Sees Credit Cards Doubling in '07

28.05.2007 12:51    paymentsnews.com
George Chen reports for Reuters from Shanghai about plans by China's Industrial and Commercial Bank of China to double its credit card issuance this year to 20 million cards . "Beijing is encouraging officials to use credit cards to pay

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