Chidambaram assumes charge of finance
August 1st, 2012 - 7:58 pm ICT by IANS
New Delhi, Aug 1 (IANS) Palaniappan Chidambaram Wednesday took charge of the finance ministry after a gap of nearly four years, raising expectations that he would take steps to ... Read more...
Posted in Uncategorized |
Economic growth may slump to 6.9 percent this fiscal (Roundup)
February 7th, 2012 - 7:50 pm ICT by IANS
New Delhi, Feb 7 (IANS) India's economic growth is expected to fall to a three-year low of 6.9 percent in the current financial year, substantially down from the budgetary ... Read more...
Posted in Business |
Push key reforms: Industry’s budget wish list
February 3rd, 2012 - 8:36 pm ICT by IANS
New Delhi, Feb 3 (IANS) Corporate India Friday urged Finance Minister Pranab Mukherjee to push forward key reforms such as the introduction of the goods and services tax in ... Read more...
Posted in Business |
Sustainability key focus area of India Inc: Survey
November 10th, 2011 - 3:07 pm ICT by IANS
New Delhi, Nov 10 (IANS) Amid economic uncertainties and volatility in the markets, India Inc is giving increasing attention to sustainability issues and investing heavily in building proper infrastructure for ... Read more...
Posted in Uncategorized |
Satyam Ramalinga Raju released on bail
November 5th, 2011 - 9:18 pm ICT by IANS
Hyderabad, Nov 5 (IANS) After spending nearly 32 months in jail, erstwhile Satyam Computers Services Ltd founder chairman B. Ramalinga Raju, his brother B. Rama Raju and former chief ... Read more...
Posted in Business |
Satyam’s Ramalinga Raju, two others get bail
November 4th, 2011 - 5:59 pm ICT by IANS
New Delhi/Hyderabad, Nov 4 (IANS) In a setback to the Central Bureau of Investigation (CBI), erstwhile Satyam Computers Services Ltd founder-chairman B. Ramalinga Raju, his brother ... Read more...
Posted in Uncategorized |
Industry hails RBI intent not to hike rates further
October 25th, 2011 - 5:15 pm ICT by IANS
New Delhi, Oct 25 (IANS) Corporate India heaved a sigh of relief as the Reserve Bank of India (RBI) Tuesday indicated that it would not hike rates further, after increasing ... Read more...
Posted in Business |
Satyam case: Apex court notice to CBI on Raju’s bail plea (Second Lead)
October 21st, 2011 - 9:46 pm ICT by IANS
New Delhi, Oct 21 (IANS) The Supreme Court Friday issued notice to the Central Bureau of Investigation (CBI) in the bail plea of erstwhile Satyam Computers Services Ltd founder ... Read more...
Posted in Business |
Corporates need to increase participation in skills development
September 30th, 2011 - 5:10 pm ICT by IANS
New Delhi, Sep 30 (IANS) Corporate India should look at skills development as a compelling business need having long-term economic and social ramifications, experts said Friday."There is a compelling business ... Read more...
Posted in Business |
Spain sees 35 percent growth in Indian tourists
September 23rd, 2011 - 1:04 am ICT by IANS
Mumbai, Sep 22 (IANS) Spain has recorded a 35 percent growth in tourist arrivals over 2010 in the first seven months of 2011, a Spanish official said, adding that it ... Read more...
Posted in Business |
For daughters, corporate shoes of father pinch sharper
September 22nd, 2011 - 8:26 pm ICT by IANS
New Delhi, Sep 22 (IANS) It's not easy to step into the shoes of a father who is a corporate leader, particularly when you are his daughter -- since the ... Read more...
Posted in Business |
Satyam case: no bail for Raju, seven others
August 30th, 2011 - 5:49 pm ICT by IANS
Hyderabad, Aug 30 (IANS) The Andhra Pradesh High Court Tuesday dismissed the bail pleas of former chairman of Satyam Computers B. Ramalinga Raju and seven other accused in India's ... Read more...
Posted in Business |
India Inc. business confidence hits two-year low
August 28th, 2011 - 2:35 pm ICT by IANS
New Delhi, Aug 28 (IANS) Business confidence of India Inc. has hit a two-year low on rising cost of capital due to aggressive monetary tightening by the Reserve Bank of ... Read more...
Posted in Business |
India’s first national manufacturing policy in a few weeks: Minister
August 19th, 2011 - 2:59 pm ICT by IANS
New Delhi, Aug 19 (IANS) The government will finalise within a few weeks the national manufacturing policy, having completed the consultation process, Commerce and Industry Minister Anand Sharma said ... Read more...
Posted in Business |
Two-fold jump in Mahindra Satyam’s net profit
August 10th, 2011 - 12:16 am ICT by IANS
Hyderabad, Aug 9 (IANS) Beginning the financial year on an encouraging note, software services provider Mahindra Satyam Tuesday posted a more than two-fold jump in first-quarter net profit, which ... Read more...
Posted in Sci-Tech |
Raju, others denied bail in Satyam scam
August 4th, 2011 - 4:57 pm ICT by IANS
Hyderabad, Aug 4 (IANS) A city court Thursday rejected the bail petition of B. Ramalinga Raju, former chairman of Satyam Computers, and seven other accused in India's biggest corporate ... Read more...
Posted in Business |
Apex finance panel agrees with RBI rate hike
July 27th, 2011 - 8:54 pm ICT by IANS
New Delhi, July 27 (IANS) An apex panel of financial sector regulators, headed by Finance Minister Pranab Mukherjeee, Wednesday agreed with the latest Reserve Bank of India's (RBI) ... Read more...
Posted in Business |
Monster launches job portal for NRIs
June 16th, 2011 - 9:09 pm ICT by IANS
New Delhi, June 16 (IANS) Online job portal Monster.com Thursday announced the launch of its new website - Return2Home - targeting NRIs seeking jobs in India.The portal would target job-seekers ... Read more...
Posted in Uncategorized |
Amit Mitra’s victory in West Bengal remarkable: FICCI
May 13th, 2011 - 6:23 pm ICT by IANS
New Delhi, May 13 (IANS) The Federation of Indian Chambers of Commerce and Industry (FICCI) Friday welcomed the victory of Trinamool Congress in West Bengal and said it was ... Read more...
Posted in Politics |
Amit Mitra: Industry lobbyist to Bengal finance minister?
May 13th, 2011 - 4:52 pm ICT by IANS
New Delhi/Kolkata, May 13 (IANS) He has rubbed shoulders with the top honchos of India Inc for 17 years. But high-profile industry lobbyist Amit Mitra seemed set for a ... Read more...
Posted in Business |
‘India-US trade at $100 bn in three years’
May 10th, 2011 - 6:33 pm ICT by IANS
New Delhi, May 10 (IANS) Trade between India and the US is expected to grow to $100 billion within two to three years while Indian companies are strengthening their presence ... Read more...
Posted in Business |
For private jets, corporate India is wind beneath wings
April 28th, 2011 - 12:54 pm ICT by IANS
New Delhi, April 28 (IANS) Shuffling between cities and visiting remote locations has become easier for corporate India that has turned towards executive jets to ferry them whenever and ... Read more...
Posted in Life Style |
India’s inflation overshoots official target (Lead)
April 15th, 2011 - 5:49 pm ICT by IANS
New Delhi, April 15 (IANS) Despite successive rate hikes and assurances from policy makers, India's annual rate of inflation rose to 8.98 percent in March from 8.31 percent the month ... Read more...
Posted in Business |
Inheritance can never surpass competence: Rahul Bajaj
April 9th, 2011 - 5:34 pm ICT by ANI
New Delhi, Apr. 9 (ANI): "Inheritance can never surpass competence", was the common sentiment expressed by leaders of corporate India participating in a Session on 'Transition in India Inc: The Imperatives of ... Read more...
Posted in Business |
Corporate India lets hair down watching Mohali semifinal
March 30th, 2011 - 11:00 pm ICT by IANS
New Delhi, March 30 (IANS) For once they shed their board room mannerisms and dark suits to erupt in boisterous cheers when Sachin Tendulkar and Virendra Sehwag hit boundaries ... Read more...
Posted in Sports |
Rising input costs a major worry, says industry lobby
February 22nd, 2011 - 7:46 pm ICT by IANS
New Delhi, Feb 22 (IANS) The rising input costs and the possibility of high food inflation spilling into other sectors like manufacturing could lead to a slowdown in the industrial output ... Read more...
Posted in Business |
Interest rates could go up after monetary policy review Tuesday
January 24th, 2011 - 6:47 pm ICT by IANS
Mumbai, Jan 24 (IANS) India' central bank, which will conduct a periodical monetary policy review Tuesday, is largely expected to hike key interest rates to curb rising inflation, but corporate India is ... Read more...
Posted in Business |
Ramalinga Raju surrenders in court, back in jail (Lead)
November 10th, 2010 - 8:22 pm ICT by IANS
Hyderabad, Nov 10 (IANS) Disgraced founder and former chairman of Satyam Computer Services Ltd B. Ramalinga Raju and five others Wednesday returned to jail after they surrendered before a trial court ... Read more...
Posted in Business |
Apex court rejects Raju’s plea on surrender
November 9th, 2010 - 4:15 pm ICT by IANS
New Delhi, Nov 9 (IANS) The Supreme Court Tuesday rejected an application by former chairman of Satyam Computer Services Ltd B. Ramalinga Raju seeking four weeks to surrender before the trial ... Read more...
Posted in Business |
India Inc looks forward to Obama visit
November 4th, 2010 - 7:55 pm ICT by IANS
New Delhi, Nov 4 (IANS) Corporate India is expecting US President Barack Obama's India visit beginning this weekend would result in more opportunities for business in the American market and the ... Read more...
Posted in Business |
Supreme Court cancels bail of Raju, five others (Second Lead)
October 26th, 2010 - 10:17 pm ICT by IANS
New Delhi/Hyderabad, Oct 26 (IANS) In a major setback to Satyam Computer Service founder B. Ramalinga Raju, the Supreme Court Tuesday cancelled his bail and that of five other accused in ... Read more...
Posted in Business |
India Inc looks forward to President Obama’s visit
October 25th, 2010 - 6:20 pm ICT by IANS
New Delhi, Oct 25 (IANS) With India-US bilateral trade projected to reach record levels this year and top $50 billion, corporate India is looking forward to the upcoming visit of President ... Read more...
Posted in Business |
Coal India oversubscribed 1.57 times
October 19th, 2010 - 7:21 pm ICT by IANS
Mumbai, Oct 19 (IANS) State-run Coal India's $3.5 billion dollar initial public offering (IPO), the biggest in the history of Corporate India, was subscribed 1.57 times Tuesday.The issue at a price band ... Read more...
Posted in Business |
Coal India IPO subscribed 34 percent, employee quota may go abegging (Lead)
October 18th, 2010 - 8:09 pm ICT by IANS
Mumbai/Kolkata, Oct 18 (IANS) State-run Coal India's $3.5 billion dollar initial public offering (IPO), the biggest in the history of Corporate India, was subscribed up to 34 percent on opening day Monday, ... Read more...
Posted in Business |
India’s largest initial public offering opens Monday
October 17th, 2010 - 6:37 pm ICT by IANS
Mumbai, Oct 17 (IANS) State-run Coal India's $3.5 billion dollar initial public offering (IPO), the biggest in the history of Corporate India, will open Monday at a price band of Rs.225-245 a ... Read more...
Posted in Business |