New Delhi :: India
| updated Tue Dec 08 09:40:33 -0800 2009
| business-news
The best financial brains in India believe that the surge in foreign capital flow, drawn by the India growth story, could vitiate the relations between the financial and real economy. TV18 panel discussion, the incumbent governor, D Subbarao, said the...
New Delhi :: India
| updated Tue Dec 08 09:23:54 -0800 2009
| business-news
Essar Group promoted The MobileStore (TMS) has acquired Impact Retail Private Ltd for an undisclosed amount...We have just signed the deal and plan to use the entire TMS footprint to sell the consumer durable and the IT products to our...
New Delhi :: India
| updated Tue Dec 08 08:45:15 -0800 2009
| business-news
The Chennai-based water solutions company VA Tech Wabag plans to raise around Rs 500 crore through an initial public offering (IPO). Securities and Exchange Board of India) by the end of this month. “We will dilute around 10 per cent...
New Delhi :: India
| updated Tue Dec 08 08:28:58 -0800 2009
| business-news
With fatter pay cheques in their pockets after the Sixth Pay Commission’s recommendations, chiefs of public sector banks have reasons to rejoice, but the flip side is that government is out to tighten the criteria for performance-based incentives that form...
Hyderabad :: India
| updated Tue Dec 08 08:11:53 -0800 2009
| business-news
The Associated Chambers of Commerce and Industry of India (Assocham) today said that over two lakh Indian workers, mainly working in real estate and construction business, in the Gulf state are likely to be affected by the recent Dubai Crisis....
Mumbai :: India
| updated Tue Dec 08 08:11:49 -0800 2009
| business-news
IT-ITeS services provider Patni Computer Systems has expanded its Actuarial Centre of Excellence (ACE) to provide consulting, risk management and actuarial services for insurance and financial services companies in an onshore and off-shore delivery model.
New Delhi :: India
| updated Tue Dec 08 07:17:23 -0800 2009
| business-news
Tuberculosis and Malaria said on Tuesday it has approved $279 million in new grants for India, taking total funds for the world's second-most populous country to more than $1.1 billion. India is the fund's second-highest recipient for money to fight...
Thiruvananthapuram :: India
| updated Tue Dec 08 07:02:29 -0800 2009
| business-news
The government has decided to stop printing lower denomination notes, said Minister of State for Finance, Namo Narain Meena, in Rajya Sabha on Tuesday. 'The Reserve Bank of India (RBI) has informed that in view of the short life span...
Kolkata :: India
| updated Tue Dec 08 07:02:12 -0800 2009
| business-news
Flagging off the Yatra, N Santosh Hegde, Lokayukta Justice, Karnataka State said, 'Eradication of any social evil can happen successfully only when every member of the society works towards it. Corruption is a systemic issue in our country and the...
Thiruvananthapuram :: India
| updated Tue Dec 08 06:40:08 -0800 2009
| business-news
India has earmarked a capital expenditure of Rs.49,000 crore for 2010-14, Petroleum and Natural Gas Minister Murli Deora said Tuesday. The company is planning to double its pipeline length to 14,000 km and expand its transmission capacity, Deora told the...
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