Business News ( Page 39 of 43 )

Petrol price may be hiked next month December 26, 2011 16:41

Petrol price may be hiked by about a rupee per litre from next month as the Indian currency has weakened against the US dollar making imports costlier. The rate change may, however, need a political…

GDP growth through Economic reforms: PWC December 26, 2011 16:11

Governance issues dogging the country for the last few months will take a toll on India's economic growth if the Central and state governments put the reform process on the back burner, an expert has…

Toyota to recall 41,000 Etios, Liva in India December 24, 2011 16:02

"It is a proactive approach by us. This development is not at all dangerous but as per Toyota's worldwide policy, we are informing customers that they can come to dealers at their convenient time and…

TERI and NASSCOM launch ‘Sustainable Tomorrow: Harnessing ICT Potential’ report December 23, 2011 19:10

Applauding the report, Mr. Sachin Pilot, MoS, Communications and Information Technology said, "Our ministry compliments NASSCOM and TERI for taking this initiative towards enabling India's immediate action on sustainable development. I have no doubt in…

Moody's upgrades India's debt rating December 23, 2011 16:40

"India's Baa3 rating incorporates credit strengths such as a large, diversified economy, robust medium term growth prospects and a strong domestic savings pool that facilitates the financing and refinancing of the government's relatively high debt…

Global Economy in 2012 may be worse: IMF Chief December 23, 2011 15:23

In its World Economic Outlook report, the IMF projected that global economy would grow 4 percent in 2012. As the debt crisis in the euro area worsened and decision making in major advanced economies becoming…

Sensex gains 92 points on firm Asian cues December 23, 2011 12:54

The BSE benchmark Sensex rose by over 92 points in opening trade on Friday, extending gains registered in the past two sessions on continued buying influenced by a firming trend in Asian markets. The 30-share…

Lava mobiles launched unbreakable series phone A16 December 22, 2011 18:10

Handset manufacture Lava mobiles Thursday launched its unbreakable series phone A16 which can withstand an impact of 120 kg and is priced in the range of Rs.4,000-5,000. The phone has been launched with youth television…

BHEL looks for foreign player for NRTM December 21, 2011 17:16

State-run Bharat Heavy Electricals Limited (BHEL) has proposed international partnership to tap the Nuclear Reactor Turbine Market (NRTM) in the country, Heavy Industries and Public Enterprises Praful Patel told the Rajya Sabha on Wednesday. Patel…

L&T Metro rail to raise $1.8Bn, foreign currency loans December 20, 2011 19:01

Larsen & Toubro (L&T), India’s biggest engineering firm, may face difficulty in executing it’s biggest-ever build, operate and transfer project, Hyderabad Metro Rail, Andhra Pradesh. With issues like land acquisition for constructing key infrastructure and…

IBM opens shop at Vizag December 20, 2011 18:00

Visakhapatnam, the port city of Andhra Pradesh, on Monday had another jewel in its crown with the new office of IBM inaugurated by Managing Director of EISAI Pharma Sanjit Lamba. It is a part of…

Merger bells ring for Mahindra Satyam December 20, 2011 15:25

Mahindra Satyam and Tech Mahindra, controlled by the Mahindra & Mahindra group, are close to appointing merchant bankers and accounting firms to value the two businesses for an eventual merger, two senior executives with direct…