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Food inflation creeping up to high levels

Source: Hindu

New Delhi :: India | updated Thu Nov 26 11:15:09 -0800 2009 | business-news

Food inflation soared to 15.58 per cent for the week ended November 14 in the wake of an unprecedented rise in the prices of potato and other essential items. Official data based on the Wholesale Price Index (WPI) released here...

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RNRL seeks cross-examination of Petroleum Minister

Source: The Hindustan Times

New Delhi :: India | updated Thu Nov 26 06:09:25 -0800 2009 | business-news

Ram Jethmalani said before a Bench headed by Chief Justice KG Balakrishnan. October 19 letter seeking certain documents from the Ministry of Power relating to gas supply and pricing...Government and RIL which said that the Anil Ambani Group cannot rely...

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No special favour given to Mahindra Satyam: Min

Source: India Abroad

New Delhi :: India | updated Thu Nov 26 03:40:26 -0800 2009 | business-news

I think the best that can be done for the stakeholders is being done by them (Mahindra Satyam). Whatever assistance they have asked, we have given," corporate affairs minister Salman Khurshid said when asked whether the move has impacted stakeholders....

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Computer sales rise 24% in Q3

Source: Daily News & Analysis

New Delhi :: India | updated Thu Nov 26 14:32:37 -0800 2009 | business-news

As per the latest market survey figures put out by leading IT research firm IDC, computer sales touched 21.9 lakh units, with desktops continuing to stand their ground against notebook PCs with a two-third share and a sequential growth of...

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Kakinada Seaports, Sembavang in JV

Source: Daily News & Analysis

New Delhi :: India | updated Thu Nov 26 13:17:40 -0800 2009 | business-news

Ashutosh Kumar / DNA Friday, November 27, 2009 2:16 IST New Delhi: Kakinada Seaports Ltd has formed a joint venture with Sembavang Shipyard to set up a marine and offshore facility in the eastern coast of India to tap the...

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India, Finland sign three agreements

Source: The Hindu

New Delhi :: India | updated Thu Nov 26 11:30:45 -0800 2009 | business-news

India and Finland on Thursday signed three agreements to boost cooperation in science and technology. Both the countries also decided to set up a Joint Business Council and address climate change. The agreements were signed during the India-Finland Technology Partnership...

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CIL eyes overseas acquisitions to bridge supply gap!

Source: Zee News

New Delhi :: India | updated Thu Nov 26 00:43:11 -0800 2009 | business-news

CIL eyes overseas acquisitions to bridge supply gap Updated on Wednesday, November 25, 2009, 18:20 IST New Delhi: Coal Minister Sriprakash Jaiswal on Wednesday said state-run coal major Coal India is looking to acquire coal blocks in the US and...

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Wal-Mart has not applied for retail stores - min

Source: Daily News & Analysis

New Delhi :: India | updated Wed Nov 25 02:24:28 -0800 2009 | business-news

India does not permit foreign direct investment in multiple-brand retailers, and caps foreign holdings in single-branded retailers at 51%. Wal-Mart currently runs cash-and-carry operations in India in partnership with Bharti Enterprises. Trade minister Anand Sharma told parliament the government...

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Technology key to security

Source: The Hindustan Times

New Delhi :: India | updated Wed Nov 25 09:11:42 -0800 2009 | business-news

After terrorist attacks on September 11, 2001 by Al-Qaeda, the US put greater stress on IT making it a key weapon against war on terrorism. In 2004, the department of Homeland Security (DHS) spent $3.75 billion (Rs 17,300 crore) and...

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