Archive for the ‘Business News’ Category

TERI, SPIB to host international conference on ‘Biopesticides: Stakeholders Perspective’

Wednesday, April 8, 2009, 2:35
Business News
32 views
Add a comment

New Delhi, Apr 7 (ANI/Business Wire India): The Energy and Resources Institute (TERI) in collaboration with the Society for Promotion and Innovation of Biopesticides (SPIB) will organise the Fifth International Conference from April 26-30 in New Delhi. The conference will witness the presence of about 600 delegates from around the globe to deliberate on the advancement and promotion of biopesticides from the "stakeholders' perspectives". The ... Full story

RBI Governor says monetisation is not a benign solution

Wednesday, April 8, 2009, 2:26
Business News
31 views
Add a comment

Mumbai, Apr 7 (ANI): Reserve Bank of India (RBI) Governor Duvvuri Subbarao has said that there was a long-term cost to monetising the budget deficit that needed to be considered despite the apparent short-term benefits of not tapping the market for funding. Subbarao said that government borrowing in the 2009-10 fiscal year would be significantly higher than in the previous year. "This year, we expect the ... Full story

People throng Tata showroom in Haldwani to have glimpse of ‘Nano’

Wednesday, April 8, 2009, 1:22
Business News
22 views
Add a comment

Haldwani, Apr 6(ANI): People in large numbers are flocking to Tata showroom at Haldwani in Uttarakhand to have a glimpse of the world's cheapest car Tata 'Nano'. "It is a marvelous car. I am just waiting to drive this car. I hope I will get this car soon. Both my children will enjoy the ride with me," ... Full story

Tags: cars, credit rating, downgrades, electronics stores, glimpse, haldwani, india, large numbers, People Of India, proximity, rupees, Sales Tax, seven years, six months, tata motors, uttarakhand

Airtel pioneers 16 Mbps broadband in India

Wednesday, April 8, 2009, 1:18
Business News
50 views
Add a comment

New Delhi, Apr 6 (ANI/Business Wire India): Bharti Airtel has pioneered 16 Mbps broadband - the fastest wireline broadband on DSL in the country. This service, powered by Airtel's Carrier Ethernet Network, will be initially available in the cities of Delhi NCR, Chennai and Bangalore with phased roll-out to additional cities of Hyderabad, Pune, Mumbai and Kolkata. Announcing the launch of the service, K Srinivas, ... Full story

HP StorageWorks launches HP PolyServe Software for Microsoft SQL Server

Wednesday, April 8, 2009, 1:17
Business News
26 views
Add a comment

New Delhi, Apr 6 (ANI/Business Wire India): HP StorageWorks Division today announced the launch of the HP PolyServe Software for Microsoft SQL Server. HP PolyServe's unique "shared data" architecture delivers enterprise class availability and virtualization-like flexibility in a utility platform for customers. The HP PolyServe Software helps enterprises not only reduce the cost of the SQL server but also improve agility. The new product offers mission ... Full story

Kamal Nath to represent India at 7th ASEAN-India Summit

Wednesday, April 8, 2009, 1:16
Business News
19 views
Add a comment

New Delhi, Apr 6 (ANI): Trade Minister Kamal Nath will represent Prime Minister Dr. Manmohan Singh at the Seventh ASEAN-India Summit and the Fourth East Asia Summit scheduled to be held on April 11-12 in Thailand. These Summits are held annually by the Association of South East Nations (ASEAN) and attended by heads of State/Government of ... Full story

Cathay Pacific named World’s best airline

Wednesday, April 8, 2009, 1:12
Business News
39 views
Add a comment

Sydney, Apr 6 (ANI): Cathay Pacific has been honoured with the title of the world's best airline at the annual Skytrax awards. The Hong Kong based airline has beaten world's most renowned passenger aircrafts to grab the top position for the third time in the last 10 years. The annual Skytrax awards are among the most highly regarded in the industry, with the results based on surveys ... Full story

TATA’s Jaguar Land-Rover to get 270 m pound European bank loan

Wednesday, April 8, 2009, 0:54
Business News
21 views
Add a comment

London, Apr.6 (ANI): The TATA-owned struggling motor group Jaguar Land-Rover looks to set to receive a European bailout package of 270 million pounds to safeguard as many as 14,500 jobs in the UK. JLR has been one of the victims of a 22 per cent drop in UK car sales over the last year. The loan deal, which has been agreed with the European Investment Bank ... Full story

Tags: agreement, ANI, Apr, bailout, bailout package, Bank, Bank Loan, Board, Business, car, car industry, Car Production, cash, cent, christmas, company, confirmation, cut, deal, development, drop, EIB, European, European Investment Bank, funding, government, government guarantee, Government Spokesman, group, guarantee, help, hour, Independent, Independent Confirmation, Industry, Investment, jaguar, January, Japanese Company, jlr, labour, Land, loan, loan deal, Loan Guarantee, London, Lord Mandelson, Luxembourg, mandelson, Merseyside, money, motor, Motor Group, nissan, north-east, number, order, package, part, Plant, pound, production, relief, Rover, s board, Secretary, spain, spokesman, stock, Sunderland, support, Sustainable Technology, TATA, TATA-owned, technology, tomorrow, trade, trade unions, UK, Uk Car Sales, Uk Taxpayers, Uk Workforce, use, week, west midlands, workforce, year

Nifty touches 3300, Sensex at six-month high

Wednesday, April 8, 2009, 0:54
Business News
32 views
Add a comment

New Delhi, Apr. 6 (ANI): With the Nifty hitting the 3300 mark on Monday, equities made an impressive opening. Buying interest has emerged in realty, banking and metal stocks. The Sensex jumped by 306.06 points to touch the six-month high level at 10,654.89, while National Stock Exchange's Nifty is up 87 points to 3,298. The Nifty hit 3300 benchmark in the first few minutes of trade ... Full story

Canvera announces opening of its Chandigarh office

Thursday, April 2, 2009, 22:25
Business News
51 views
Add a comment

New Delhi, Apr 2 (ANI/Business Wire India): Canvera.com, India's fastest growing online digital photography company, announced the opening of its sales office in Chandigarh. This is Canvera's 5th sales office in the country. Speaking on the occasion Canvera's CEO Dr. Dhiraj Kacker said, "Even though we did not have a presence in Chandigarh we already had a healthy client base from ... Full story

Tags: Business India, business wire, CEO, chandigarh, Dhiraj, digital photography company, india, integral member, Ishaq, kacker, market strategy, marketing efforts, new delhi, occasion, presence, sales and marketing

G4S enters Limca Book of Records

Thursday, April 2, 2009, 22:25
Business News
29 views
Add a comment

New Delhi, Apr 2 (ANI/Business Wire India): G4S, the leading professional security organization in India, has entered the prestigious Limca Book of Records by making a new record. The Limca Book of Records has awarded a certification to G4S, stating, "G4S India, the leading security and related services provider, employing 1,30,000 people across 180 offices, has retained its first employee, Hari Singh Negi ( DOJ ... Full story

Sensex crosses 10,000 mark

Thursday, April 2, 2009, 22:25
Business News
28 views
Add a comment

Mumbai, Apr 2 (ANI): The Bombay Stock Exchange's Sensex on Thursday regained 10,000 mark and surged by 512.51 points to 10414.50. The 30-share index touched a high of 10432.31 and low of 10107.25. The National Stock Exchange's Nifty also rose by 160.80 points to 3221.15 points. The broader index hit a high of 3227.15 and low of 3061.05. BSE Midcap Index was up 4.32 per cent and the BSE ... Full story

Tags: ANI, Apr, Bombay, bombay stock exchange, BSE, cent, Communications, Crosses, Dlf, exchange, gainers, High, Hindalco, Hindalco Industries, Hindustan, index, Jaiprakash, loser, Low, Mark, Midcap, mumbai, National, national stock exchange, Nifty, percent, Reliance, Sensex, share, Share Index, Smallcap, smallcap index, stock, TATA, tata motors, Thursday, Unilever

GCMMF (Amul) crosses Rs. 6700 crore sales turnover

Thursday, April 2, 2009, 22:22
Business News
20 views
Add a comment

Anand (Gujarat), Apr 2 (ANI/Business Wire India): The Gujarat Co-operative Milk Marketing Federation Ltd. (Amul), has registered a quantum growth of 28 per cent to reach a record turnover of Rs 6705 crores (Rs. 67.05 billion), an increase of nearly Rs. 1450 brores in absolute terms over the previous year. It is noteworthy that GCMMF's turn over has almost doubled in last three years. It ... Full story

GourmetCITY wins “Most admired food retailer of the year- Innovative retail concept” award

Thursday, April 2, 2009, 22:22
Business News
25 views
Add a comment

Mumbai, Apr 2 (ANI/Business Wire India): GourmetCITY, the luxury, food and grocery shopping format from HyperCITY Retail (India) Ltd, has been awarded the Coca Cola Golden Spoon "Most admired food retailer of the year - Innovative retail concept" award at the Food Forum of India, 2009 held in Mumbai. Golden Spoon Awards is one of the most eagerly anticipated awards of the food industry. Speaking ... Full story

SYSTIME announces appointment of Aloke Ghosh as chief financial officer

Thursday, April 2, 2009, 22:22
Business News
19 views
Add a comment

Mumbai, Apr 2 (ANI/Business Wire India): SYSTIME , a CMS Group Company and the largest Oracle JD Edwards practice globally, has recently announced the appointment of Aloke Ghosh as Chief Financial Officer (CFO). Aloke is a seasoned finance professional with a career spanning 20 years within the IT Services and manufacturing industries. He has handled global portfolios such as fund-raising through IPO processes, financial modelling ... Full story

RIL gas begins to flow from KG D-6 basin

Thursday, April 2, 2009, 22:20
Business News
27 views
Add a comment

New Delhi, Apr 2 (ANI): Reliance India Ltd. (RIL) achieved a landmark in the history of oil and gas production when its deep-sea Krishna Godavari basin fields flowed to the surface on Thursday. Unlike the practice around the world of a minimum nine years, the RIL just took seven years from the date of discovery to begin gas production from the deep-sea KG-D6 block. According to ... Full story

Inflation rates up to 0.31 percent

Thursday, April 2, 2009, 22:20
Business News
30 views
Add a comment

New Delhi, Apr 2 (ANI): The rate of inflation for the week ended March 21 rose marginally to 0.31 percent, from 0.27 percent a week earlier, government data showed on Thursday. The inflation rate, as measured by the wholesale price index, was 7.8 per centuring the corresponding week of the previous year. Price of certain food items such as tea, gur, aerated water and imported edible oil ... Full story

Tags: ANI, Apr, bajra, barley, Blended Tea, cake, cement, cent, coconut, coconut oil, Commerce, commerce ministry, cotton, dearer, Edible Oil, Food, fruit, fruit and vegetables, furnace, Furnace Oil, government, groundnut, gur, hair, Hair Oil, index, inflation, inflation rate, inflation rates, Jan, jowar, khandsari, list, March, Ministry, mustard, mustard seed, new delhi, niger, Niger Seed, oil, Oil Cake, percent, period, plastic, price, pvc, Pvc Fittings, rate, rate of inflation, Raw Cotton, Raw Rubber, raw silk, revision, rubber, salt, seed, silk, soft drinks, soyabean, Steel, tea, textile, Thursday, water, week, Week Ended March, wholesale price index, year

Oz consumer body tells Coke to correct myth-related ad

Thursday, April 2, 2009, 19:09
Business News
23 views
Add a comment

Sydney, Apr.2 (ANI): The Australian Competition and Consumer Commission has ordered soft drink giant Coca-Cola to correct its controversial "Motherhood and Myth-Busting" advertising campaign featuring actor Kerry Armstrong. Using the wholesome motherly image of Armstrong to convince parents the soft drink was "kiddy-safe", the advertisements claimed Coca-Cola did not make children fat, did not rot their teeth and was not packed with large amounts of caffeine. ... Full story

People make beelines at showrooms to catch glimpse of ‘Nano’

Thursday, April 2, 2009, 10:44
Business News
20 views
Add a comment

New Delhi/Mumbai/ Kolkata, Apr 1 (ANI): Scores of Nano-buffs made beelines at the showrooms to catch the glimpse of 'Nano', the world's cheapest car. In New Delhi, the prospective customers of Nano thronged the Tata showrooms in hundreds. It's prospective customers included the ones like Naval Kishore who wanted to gift it to his wife ... Full story

Tags: acquisition, agricultural lands, amidst, ANI, Apr, April, buffs, car, cent, common man, company, credit, credit rating, customer, downgrades, enthusiasm, everything, factory, gift, glimpse, government, Inner Space, Kishore, kolkata, loss, man, Mandar, Market, mumbai, nano, Nano-buffs, Naval, new delhi, Plant, production, prospective customers, protests, Ratan, Ratan Tata, rating, schedule, showrooms, Singur, space, state, state government, TATA, tata motors, threat, vehicle, west bengal, wife, world, year

robo.in launches RoboCAMP in Bangalore from April 13

Thursday, April 2, 2009, 10:42
Business News
18 views
Add a comment

Bangalore, Apr 1 (ANI/Business Wire India): robo.in, a venture of Thinklabs, founded by a group of IIT Bombay alumnus, in the field of educational robotics, today announced the launch of RoboCAMP, a summer camp which aims to offer a wholesome robotic learning system which will help kids learn science and technology in more practical and fun manner. The camp will start from April 13 at ... Full story