industry group

Investors apprehensive of Bengal’s policies: Assocham


August 22nd, 2012 - 11:37 pm ICT by IANS
Kolkata, Aug 22 (IANS) The West Bengal government must take measures to attract big investment as industrialists are still "very apprehensive" about its policies, industry group Assocham said Wednesday."Still the ... Read more...

Posted in Business |

US petroleum demand falls


July 21st, 2012 - 2:01 pm ICT by IANS
Washington, July 21 (IANS) The overall petroleum demand in the US slipped again in June after edging up in May -- the only month witnessing year-on-year monthly increase in the ... Read more...

Posted in Business |

Industrial output rises in May but recovery probability low (Second Lead)


July 12th, 2012 - 8:47 pm ICT by IANS
New Delhi/Chennai, July 12 (IANS) India's industrial output grew by 2.4 percent in May as against 0.9 percent contraction in the previous month, led by rebound in manufacturing and electricity ... Read more...

Posted in Business |

Industrial output rises by 2.4 percent in May (Lead)


July 12th, 2012 - 3:30 pm ICT by IANS
New Delhi, July 12 (IANS) India's industrial output grew by 2.4 percent in May as against 0.9 percent contraction in the previous month, led by rebound in manufacturing and electricity ... Read more...

Posted in Business |

Aerospace, defence business sluggish in 2011: Study


July 11th, 2012 - 12:02 am ICT by IANS
New Delhi, July 10 (IANS) The global aerospace and defence industry performance in 2011 was sluggish, posting a revenue gain of just 2.3 percent compared to 2.5 percent in 2010, ... Read more...

Posted in Business |

Revolutionise India’s hospitality industry, Pitroda to Indian American hoteliers


May 4th, 2012 - 4:10 pm ICT by IANS
Atlanta, May 4 (IANS) As Indian American hoteliers savor their ever growing clout here in the United States, they are now being asked to revolutionize the hospitality industry in India.Sam ... Read more...

Posted in Business |

Indian IT service industry to cross $100 bn revenue mark


February 8th, 2012 - 9:24 pm ICT by IANS
New Delhi, Feb 8 (IANS) India's IT and related services sector will cross $100 billion revenue mark in the current fiscal, but growth may dip in 2012-13 with rising global ... Read more...

Posted in Uncategorized |

Industry group lowers Brazil’s 2011 growth forecast


October 12th, 2011 - 2:13 pm ICT by IANS
Brasilia, Oct 12 (IANS) The Brazilian National Industry Confederation (CNI) has revised its forecast for Brazil's economic growth this year to 3.4 percent from 3.8 percent due to the effects ... Read more...

Posted in Business |

Shaft collapses at coal mine in southwest China, killing 5


September 25th, 2011 - 9:37 pm ICT by BNO News
KUNMING, CHINA (BNO NEWS) -- Five people were killed on late Saturday afternoon when a shaft collapsed at a coal mine in southwest China, state-run media reported on Sunday. Two others were ... Read more...

Posted in World News |

Mexico poised to restrict imports of Chinese footwear


September 8th, 2011 - 11:50 am ICT by IANS
Mexico City, Sep 8 (IANS/EFE) The Mexican government has said it will temporarily restrict the entry of Chinese footwear when it observes a "significant and sudden" increase in imports, part ... Read more...

Posted in Business |

Britain runs out of swine flu vaccine


January 6th, 2011 - 8:38 pm ICT by IANS
London, Jan 6 (IANS) British Health Secretary Andrew Lansley has admitted that the country was running short of swine flu vaccines.The health secretary has issued a message to manufacturers as doctors said ... Read more...

Posted in Health |

Plunging US home sales spark fears of slower recovery


August 25th, 2010 - 1:07 pm ICT by IANS
By Arun Kumar Washington, Aug 25 (IANS) US home sales plunged to their lowest level in 15 years, leading economists to warn that a likely double-dip in housing prices could further slow America's ... Read more...

Posted in Business |

Indian BPO sector to grow by 15 percent this year: NASSCOM


June 9th, 2010 - 7:02 pm ICT by IANS
Bangalore, June 9 (IANS) India's Business Process Outsourcing (BPO) sector is expected to grow 15-16 percent this fiscal, a top official of the industry group said Wednesday. The back-office outsourcing business registered a ... Read more...

Posted in Business |

Brazil to promote biofuel use in aviation


May 11th, 2010 - 12:07 pm ICT by IANS
Sao Paulo, May 11 (IANS/EFE) An alliance of aircraft manufacturers in Brazil, the Brazilian Alliance for Aviation Biofuels (Abraba), will promote "development and certification of sustainable biofuel" for use in air transport. The ... Read more...

Posted in Business |

American Supreme Court Agrees To Hear California’s Ban On Video Games


April 27th, 2010 - 7:28 pm ICT by Pen Men At Work
April 27, 2010 (Pen Men at Work): The American Supreme Court consented on Monday to decide whether California can proscribe the vending of sadistic video games to minors. This is a ... Read more...

Posted in World News |

Airlines lost $1.7 bn to closed skies: IATA


April 21st, 2010 - 4:48 pm ICT by IANS
Geneva/Berlin, April 21 (DPA) The ash cloud from the Icelandic volcano eruption that spread over Europe cost airlines more than $1.7 billion in lost revenue, the International Air Transport Association (IATA) said ... Read more...

Posted in Business |

Lower private investments in ports than anticipated


February 14th, 2010 - 12:47 pm ICT by IANS
New Delhi, Feb 14 (IANS) The Indian port sector has attracted only $3.21 billion in investments since the beginning of the current 11th Plan (2007-12), less than a quarter of what is ... Read more...

Posted in Business |

Indian travellers seeking cheaper flights, hotels


January 30th, 2010 - 5:24 pm ICT by IANS
New Delhi, Jan 30 (IANS) Indian travellers are looking for low cost air travel options and cheap hotel rooms as the domestic tourism industry starts to pick up in the wake of ... Read more...

Posted in Business |

75 percent Indian engineering students unemployable: Report


November 7th, 2009 - 6:31 pm ICT by IANS
New Delhi, Nov 7 (IANS) Discussing a report by software industry group Nasscom which says that 75 percent engineering students in India are unemployable, education experts here Saturday said that the Indian ... Read more...

Posted in Business |

US home sales surge to highest level in two years


October 24th, 2009 - 12:13 am ICT by IANS
Washington, Oct 23 (DPA) Sales of existing homes in the US surged 9.4 percent in September to their highest level in more than two years, figures from an industry group showed Friday, ... Read more...

Posted in Business |

TCS to open 6 passport offices in October


September 4th, 2009 - 3:38 pm ICT by IANS
Chandigarh, Sep 4 (IANS) Tata Consultancy Services (TCS) will open six offices across India in October to provide passport services, a company official has said. The much-delayed Passport Seva Project is expected ... Read more...

Posted in Business |

TV channels told not to spread swine flu panic


August 13th, 2009 - 7:05 pm ICT by IANS
New Delhi, Aug 13 (IANS) Information and broadcasting ministry officials have cautioned TV channels not to create panic about the H1N1 influenza that is rapidly spreading across India. "We have conveyed our ... Read more...

Posted in Health |

India’s IT, outsourcing revenues seen at $63 bn this fiscal


July 29th, 2009 - 7:37 pm ICT by IANS
New Delhi, July 29 (IANS) India's information technology and outsourcing industry is expected to grow over 7 percent this fiscal to log revenues of $64 billion with much faster expansion within the ... Read more...

Posted in Business |

Bulk of salaries spent on paying off loans: Industry group


June 21st, 2009 - 6:38 pm ICT by IANS
New Delhi, June 20 (IANS) Even as the average salary has gone up by 30 percent, the actual take-home has fallen 30 percent in the last 10 years on account of monthly ... Read more...

Posted in Business |

Bring coaching institutes under tax net: Assocham


June 17th, 2009 - 7:13 pm ICT by IANS
New Delhi, June 17 (IANS) Coaching institutes must be brought under the tax net as they seldom disclose their earnings, the Associated Chambers of Commerce and Industry of India (Assocham) has said. In ... Read more...

Posted in Business |

Unclean reusable bags can be a possible health risk


June 4th, 2009 - 1:38 pm ICT by ANI
Washington, June 4 (ANI): In a new microbiological study of reusable shopping bags, scientists have warned of the risks that unclean reusable bags can have on human health.The study was commissioned and ... Read more...

Posted in Health Science |

US stocks in sell-off as retail sales fall


May 14th, 2009 - 6:08 am ICT by IANS
New York, May 14 (DPA) The US stocks fell sharply as retail sales in the country dropped unexpectedly in April. The Commerce Department said Wednesday the retail sales dropped 0.4 percent in April ... Read more...

Posted in Business |

Reserve Bank should ensure credit flow: Industry


April 19th, 2009 - 1:29 pm ICT by IANS
New Delhi, April 19 (IANS) India's industry leaders feel the Reserve Bank of India (RBI) should focus more on pushing up sectoral credit disbursements, an industry lobby said. According to a report prepared ... Read more...

Posted in Business |

100 percent foreign fund in tourism infrastructure urged


April 12th, 2009 - 3:12 pm ICT by IANS
New Delhi, April 12 (IANS) With merely 18 months left for the 2010 Delhi Commonwealth Games, India needs to allow 100 percent foreign investment in tourism infrastructure projects to boost tourism, says ... Read more...

Posted in Business |

US accounting standards relaxed to help banks out of crisis


April 3rd, 2009 - 9:04 am ICT by IANS
Washington, April 3 (DPA) US accounting standards were relaxed Thursday to allow banks to take a longer-term view on the value of toxic mortgage assets, which have already cost the industry more ... Read more...

Posted in Business |

Corporate ad spend to dip up to 35 percent: ASSOCHAM


April 2nd, 2009 - 8:27 pm ICT by IANS
New Delhi, April 2 (IANS) Corporate India's budget for brand promotion and entertainment will fall by nearly 32-35 percent in 2009-10 on account of the current meltdown, an industry lobby said in ... Read more...

Posted in Business |

CII chief rules out price reduction in auto sector


March 31st, 2009 - 8:33 pm ICT by IANS
New Delhi, March 31 (IANS) The auto sector has no scope for any further price reduction, according to TVS Motor chairman and managing director Venu Srinivasan, the newly-elected president of industry group ... Read more...

Posted in Business |

US could get clean energy upgrade by early summer


February 20th, 2009 - 5:59 am ICT by IANS
Washington, Feb 20 (DPA) Renewable energy in the US could get a significant cash boost by early summer after President Barack Obama signed a massive $787-billion economic stimulus package this week, the ... Read more...

Posted in Uncategorized |

China-assembled A320 aircraft to take off in May


February 2nd, 2009 - 10:49 am ICT by IANS
Tianjin, Feb 2 (Xinhua) The first Airbus A320 aircraft assembled in China is scheduled to make a test flight in May, about a month before its delivery, an official in the northern ... Read more...

Posted in World |

Stocks slump on fuel price hike worries (Roundup)


June 2nd, 2008 - 6:43 pm ICT by IANS
Mumbai, June 2 (IANS) Worried about an imminent fuel price hike, the Indian equities markets ended the day with a huge cut. A late selloff by investors saw the benchmark index of ... Read more...

Posted in Business |

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