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 The 2008 ALMA Awards - Arrivals

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Breaking News

  • AP: Pakistan's president says suspects named by India will be tried in Pakistan.
  • Units are on scene of a large fire with multiple victims at the Centanial Towers in Pawtucket, RI; rescues in progress - scanner reports.
  • AP: U.S. Secretary of State Condoleezza Rice arrives in New Delhi in wake of Mumbai attacks.
  • Odetta, one of the most influential folk-music artists of the 50s and 60s, has died from a heart disease aged 77, the New York Times reports
  • AFRICAN-AMERICAN SINGER ODETTA IS DEAD. (BULLETIN)
via @BreakingNewsOn

consumer durables

Sluggish demand forces us to pause: ArcelorMittal

December 3rd, 2008 - 12:25 pm ICT by ANI -
By Ashwani Upadhyay New Delhi, Dec.3 (ANI): The global economic meltdown has started to influence the expansion plans of the world''s biggest steel producer, ArcelorMittal in India. According to Vijay Kumar Bhatnagar, the ...

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India’s central bank cuts key rates, infuses liquidity (Lead)

November 1st, 2008 - 5:14 pm ICT by IANS -
Mumbai, Nov 1 (IANS) In a bid to lower the cost of borrowing for households and industry and infuse additional liquidity worth Rs.400 billion, India's central bank Saturday cut some key interest ...

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India’s central bank cracks the whip on inflation (Lead)

July 29th, 2008 - 3:56 pm ICT by IANS -
Mumbai, July 29 (IANS) In a bid to contract the money supply and tame inflation, India's central bank Tuesday hiked a key lending rate and the minimum cash banks have to retain ...

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State Bank may increase interest rates again

July 1st, 2008 - 1:33 pm ICT by IANS -
New Delhi, July 1 (IANS) India's leading public sector bank, the State Bank of India (SBI), could once again increase its interest rates including that for loans for housing and consumer durables, ...

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Subhiksha to acquire Blue Green Constructions

June 28th, 2008 - 7:40 pm ICT by IANS -
Chennai, June 28 (IANS) Subhiksha, India's leading food and grocery retailer, will acquire a majority stake in Chennai-based retail network Blue Green Constructions and Investments Ltd, the company said Saturday. The respective ...

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Subhiksha to acquire majority control of Chennai firm

June 28th, 2008 - 4:07 pm ICT by ANI -
Chennai, June 28 (ANI -Business Wire India): In a move to further accelerate its growth plans, Subhiksha, one of India's largest food and grocery discount retailers, is acquiring a majority stake ...

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New luxury business hotel ‘VITS’ launched

June 12th, 2008 - 6:48 pm ICT by ANI -
Aurangabad , June 12 (ANI/Business Wire India ): A 100-room VITS property, part of a new chain of luxury business hotels from Kamat Hotels India Limited (KHIL), opened today in Aurangabad ...

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Equity markets keep getting battered (Second Lead)

Equity markets keep getting battered (Second Lead)

June 10th, 2008 - 4:26 pm ICT by IANS -
Mumbai, June 10 (IANS) The Indian equities markets, which started Tuesday with a huge loss tracking weak global markets, took a fresh battering early afternoon. The Sensex was trading at over 260 ...

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Revised GDP growth for 2007-08 at nine percent on expected lines: CII

May 30th, 2008 - 7:35 pm ICT by admin -
New Delhi, May 30 (ANI): The revised GDP growth for 2007-08 released by CSO at nine percent is in line with its expectations, said the Confederation of Indian Industry (CII) today. ...

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Equities markets open in the green

Equities markets open in the green

May 30th, 2008 - 12:21 pm ICT by admin -
Mumbai, May 30 (IANS) The Indian equities markets opened in the green Friday, thanks to a strong show by global markets. There was sustained buying in the capital goods, metal and consumer ...

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Two firms sign distribution agreement with ARCEL resin

May 27th, 2008 - 7:08 pm ICT by admin -
Mumbai, May 27 (IANS) Supreme Petrochem Ltd (SPL) and NOVA Chemicals (International) S.A. announced Tuesday an exclusive distribution agreement for ARCEL advanced foam resin in India. "This new distribution capability supports NOVA ...

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Videocon set to foray into telecom sector

May 21st, 2008 - 7:19 pm ICT by admin -
New Delhi, May 21 (IANS) India's consumer durables giant Videocon will roll out mobile telephone services from Chennai Aug 15, Venugopal N. Dhoot, chairman of the Videocon Industries, said Wednesday. "We have ...

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Markets flat in afternoon trade (Second Lead)

Markets flat in afternoon trade (Second Lead)

May 13th, 2008 - 4:16 pm ICT by admin -
Mumbai, May 13 (IANS) The Indian equities markets, which opened in the positive zone Tuesday, were trading flat in the afternoon. However, consumer durables, realty and metals scrips continued to be in ...

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Markets trading cautiously in green zone(Lead)

Markets trading cautiously in green zone(Lead)

May 13th, 2008 - 12:24 pm ICT by admin -
Mumbai, May 13 (IANS) The Indian equities market bounced back Tuesday mirroring favourable global markets cues, but remained cautious as the initial trade progressed. Realty, metals, consumer durables and capital goods were ...

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Slowdown in industrial growth rings alarm bells (Roundup)

May 13th, 2008 - 1:08 am ICT by admin -
New Delhi, May 12 (IANS) India's industrial production growth continued its downward slump since September causing concern to industry even though government was optimistic that it would not adversely impact GDP growth ...

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Sensex on downslide in early trade (Lead)

May 12th, 2008 - 12:30 pm ICT by admin -
Mumbai, May 12 (IANS) The Indian equities markets that opened in the red Monday went on a further downslide in early trade, with selling pressure on realty, metals, consumer durables and oil ...

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ETA Star launches premium home appliances

April 21st, 2008 - 11:37 pm ICT by admin -
Chennai, April 21 (IANS) City-based consumer durables marketing company ETA Star Appliances Monday launched a range of kitchen appliances under the brand of its Italian partner Indesit. "The total consumer durable market ...

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Sensex up 112 pts, closes at 15,807

April 11th, 2008 - 7:49 pm ICT by admin -
Mumbai, Apr.11 (ANI): The Bombay Stock Exchange benchmark Sensex on Friday gained nearly 112 points on buying support across sectors, which was triggered by better than expected industrial growth data. The ...

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India’s industrial growth in February at 8.6 percent

April 11th, 2008 - 4:39 pm ICT by admin -
New Delhi, April 11 (IANS) India's industrial production grew by 8.6 percent in February 2008, compared to 11 percent in the same month the previous year. But the fall in output of ...

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Indian equities close higher in line with Asian peers

Indian equities close higher in line with Asian peers

March 24th, 2008 - 7:40 pm ICT by admin -
(Lead) Mumbai, March 24 (IANS) Mirroring strong Asian cues, Indian stock markets closed in the green Monday though key sector stocks witnessed selling. The markets that opened in the green maintained the tempo ...

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Indian equities recover as investors’ confidence returns

Indian equities recover as investors’ confidence returns

March 19th, 2008 - 8:34 pm ICT by admin -
Mumbai, March 19 (IANS) Indian stock markets ended in the green Wednesday following strong global cues, indicating a return of investors' confidence in the wake of the US Fed's discount rate cut. ...

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Indian equities register second biggest fall

Indian equities register second biggest fall

March 17th, 2008 - 7:55 pm ICT by admin -
(Second Lead) Mumbai, March 17 (IANS) In its second biggest fall in history, the Indian stock market tumbled Monday and a benchmark index lost over 950 points or more than six percent with ...

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Stock market surges over 500 points in early trade

Stock market surges over 500 points in early trade

March 12th, 2008 - 1:08 pm ICT by admin -
Mumbai, March 12 (IANS) The Indian equities market opened with a huge positive swing Wednesday, piggybacking on a strong show by peers around the globe. Investors were seen buying stocks in banking, ...

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Shriram City Finance targets Rs.10 bn car loan portfolio

March 10th, 2008 - 7:10 pm ICT by admin -
Chennai, March 10 (IANS) Non-banking finance company Shriram City Union Finance Limited is targeting to increase its car loan portfolio to Rs.10 billion ($2.5 billion) in an accelerated manner next fiscal year, ...

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India’s public relations industry to touch $6 bn mark by 2010

March 10th, 2008 - 5:37 pm ICT by admin -
New Delhi, March 10 (IANS) India's public relations (PR) industry is poised to double itself to $6 billion by 2010 from current $3 billion due to increasing competition among companies to build ...

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Stock market opens with a sharp fall once more

Stock market opens with a sharp fall once more

March 10th, 2008 - 12:26 pm ICT by admin -
Mumbai, March 10 (IANS) The Indian equities market opened with a sharp fall Monday, in line with its Asian peers. The slide was led by consumer durables and banking stocks, which saw ...

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Reliance Digital to open 150 stores across India

March 5th, 2008 - 7:57 pm ICT by admin -
Hyderabad, March 5 (IANS) Reliance digital, the IT consumer durable arm of Reliance Retail, plans to open 150 digital stores and 60 iStores or Apple stores across the country. While digital stores ...

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Markets start post-budget week in the red

Markets start post-budget week in the red

March 3rd, 2008 - 12:38 pm ICT by admin -
Mumbai, March 3 IANS) The Indian equities market Monday opened in red in line with its global peers. Banking and consumer durables counter registered heavy buying in the initial trade. The 30-share ...

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Budget will spur sustainable, inclusive growth

February 29th, 2008 - 9:44 pm ICT by admin -
(Commentary) By Lt Gen (retd.) S.S. Mehta The budget 2008-09 has taken the necessary steps to boost consumer demand and revive manufacturing in the light of emerging global slowdown and inflationary pressures. The ...

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Need to take manufacturing growth rate to double digits: Chidambaram

Need to take manufacturing growth rate to double digits: Chidambaram

February 29th, 2008 - 6:41 pm ICT by admin -
New Delhi, Feb 29 (IANS) The growth rate of Indian manufacturing needs to be pushed to double digits though the sector has been affected by rupee appreciation and high interest rates, Finance ...

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