Soon after the trust vote in Parliament on July 22, the finance ministry hopes to push through a series of non-legislative reforms, chief among them disinvestment of minority stakes in around 10 central public sector undertakings by listing them on
The Centre has put the proposed Rs 3,500-crore global airport hub at Noida in Uttar Pradesh into cold storage and the ambitious project would not be able to keep its date with the 2010 Commonwealth Games in New Delhi.
Lashing out at President George W Bush for his failure to "roll up" the Al Qaeda leadership, presumptive Democratic nominee Barack Obama has insisted that his administration will go into Pakistan unilaterally if there was actionable intelligence.
Tokyo, July 16, 2008 - (JCN Newswire) - Mitsubishi Motors Corporation has developed a new competition car, the Racing Lancer, whose mission will be to target victory on next year's Dakar which breaks new ground in 2009 with a switch
Credit Saison Co. said Wednesday that on September 1 it will absorb its fully owned subsidiary, Lawson CS Card Inc., to streamline sales promotion and administration work. Credit Saison will inherit some 1.73 million holders of the Lawson CS card,
Parsvanath will invest Rs.4 billion ($100 million), as equity and debt in Nano City Haryana Ltd. The project, valued at $12 billion, will be completed in 10 years. Parsvanath will develop 5,000 acres of the 11,000-acre mega-project in the first
An agreement to this effect was signed by Doha Bank chief executive R. Seetharaman and LIC (International) managing director and chief executive Sudhin Roy Chowdhury, according to a Doha Bank statement. "This tie-up will bring in huge value-addition that would
Certain dealers and traders have sold the flat steel products at higher than market price, taking advantage of the high demand in the retail market," Paswan said while addressing a conclave on steel organised by the Federation of Indian Chambers
ANZ has started a two-week consultation process with workers at the bank's lending services centre in Auckland and customer transaction service centre in Wellington over sending jobs offshore to India, reports New Zealand Press Association (NZPA). The news has been
There is no demand, just a few queries," said a dealer in a bank. "With crude oil correcting, people believe gold may fall too." Overseas gold that guides the local market eased from a four-month high struck the previous day
For the latest quarter ending June, the total income of the company has increased to $126.22 million (Rs.5.04 billion) from $102.40 million (Rs.4.09 billion) in the corresponding quarter last year.
The markets started on a firm note and remained positive till early afternoon. But there was heavy sell-off in blue chips in the last hour of trading and the markets gave up all their gains. The 30-share benchmark index of
Last week, WTO mediators presented revised proposals in the core areas of agricultural and industrial goods trade, which they said contained fewer options for ministers to consider after negotiations had narrowed gaps on technical issues. "I am hopeful this meeting
With the objective of making the traditional khadi industry competitive, the Ministry of Micro, Small and Medium Enterprises (MSMEs) has proposed a project for replacement of 'charkhas' (spinning wheel) and looms in 200 institutions. Besides, helping weavers shift to modern
Our small car will be an absolutely new car and designed specially for India. This will be in the premium category and thus has nothing to do with Nano," Volkswagen Group India's President and Managing Director Joerg Mueller told reporters
Worsening global credit worries and political uncertainty ahead of next week's parliamentary trust vote also weighed down sentiment, after the market had risen as much as 2 percent in the morning, traders said. Shares in Ranbaxy Laboratories rebounded 15 percent
The lender has seen a cooling down in property prices in some pockets and expects prices to come down in the near future, Parekh told reporters here. "There is a growing demand in the country's housing segment...As long as the
India's largest software exporter Tata Consultancy Services on Wednesday posted a consolidated net profit of Rs 1,290.61 crore (Rs 12.90 billion) for the first quarter ended June 30, 2008, an increase of 7.3 per cent compared to the year-ago period.The
The decision comes in the wake of a few instances where the sensitive data was leaked before the official announcement, an official said. Earlier, the inflation data was released at 12 noon every Friday. The provisional inflation data is prepared
Tokyo, July 16, 2008 - (JCN Newswire) - Fujitsu Microelectronics Limited announced today the development and launch of a new microcontroller driver for its MB91460 Series of high-performance 32-bit automotive microcontrollers, jointly developed with EB, Elektrobit Corporation and compatible with
