international markets

India offers to build IT, educational infrastructure for Turkmenistan


September 19th, 2012 - 9:24 pm ICT by IANS
New Delhi, Sep 19 (IANS) India on Wednesday offered to build information technology (IT) and educational infrastructure for Turkmenistan to provide better education.The offer was made by India's Communications Minister ... Read more...

Posted in Sci-Tech |

Mahesh Bhatt taps digital medium boom for wider reach


September 6th, 2012 - 6:47 pm ICT by IANS
New Delhi, Sep 6 (IANS) A majority of filmmakers are using digital platforms to reach out to wider audience. Filmmaker Mahesh Bhatt is one of them and says that the ... Read more...

Posted in Sci-Tech |

Escorts focuses on Africa to export tractors


September 5th, 2012 - 9:04 pm ICT by IANS
Kolkata, Sep 5 (IANS) Escorts Limited, a leading manufacturer and supplier of agri-machinery products, is focusing on African markets to export its tractors as the farm sector in country is ... Read more...

Posted in Business |

Iran warns of oil price hike


September 3rd, 2012 - 5:56 pm ICT by IANS
Tehran, Sep 3 (IANS/RIA Novosti) The current embargo on Iranian oil and political pressure on the Islamic Republic will result in higher oil prices on international markets, Petroleum Minister Rostam ... Read more...

Posted in Business |

US aid to transition from cash to electronic form


August 25th, 2012 - 1:43 pm ICT by IANS
Washington, Aug 25 (IANS) Entrepreneur Karl Mehta, the only Indian-American among 18 Presidential Innovation Fellows, would work on "The 20 percent Initiative" that aims to transition international development assistance payments ... Read more...

Posted in World |

Government considering amendments to boost SEZ


August 23rd, 2012 - 6:52 pm ICT by IANS
Mumbai, Aug 23 (IANS) The government is considering steps to ensure that SEZs remain attractive destinations for investment, Commerce and Industry Minister Anand Sharma said Thursday.He admitted that SEZs had ... Read more...

Posted in Business |

DreamWorks Animation in five-year deal with 20th Century Fox


August 21st, 2012 - 4:15 pm ICT by IANS
New Delhi, Aug 21 (IANS) Top notch American studio DreamWorks Animation has entered into a new five-year distribution agreement with another well-known banner, 20th Century Fox.Under the terms of ... Read more...

Posted in Entertainment |

Tata Motor appoints Karl Slym as managing director


August 14th, 2012 - 5:46 pm ICT by IANS
Mumbai, Aug 14 (IANS) Tata Motor Tuesday announced that Karl Slym has been appointed the managing director of the company, India's biggest truck and bus maker.Slym is expected to take ... Read more...

Posted in Business |

IFC loans euro 10 million to Same DeutzFahr India


July 10th, 2012 - 11:55 pm ICT by IANS
Chennai, July 10 (IANS) The International Finance Corporation (IFC) Tuesday announced a loan of euro 10 million (Rs.680 million) to the Indian subsidiary of Italian tractor maker Same DeutzFahr ... Read more...

Posted in Business |

IIM-Shillong, NSE to offer course in financial markets


June 29th, 2012 - 11:11 pm ICT by IANS
Guwahati, June 20 (IANS) One of India's top ten business schools - the IIM Shillong (IIM-S) - and India's leading stock exchange, the National Stock Exchange (NSE), Friday signed an ... Read more...

Posted in Business |

L&T; bags orders worth Rs.1,076 crore in Q1 of 2012-13


June 15th, 2012 - 6:51 pm ICT by IANS
Mumbai, June 15 (IANS) Engineering and construction major Larsen and Toubro (L&T;) Friday said it has bagged new orders worth Rs.1,076 crore across various businesses during the first quarter of ... Read more...

Posted in Business |

Sensex hits one-month high on strong global cues (Lead)


June 7th, 2012 - 6:45 pm ICT by IANS
New Delhi, June 7 (IANS) Aided by positive global cues, a benchmark index of Indian equities markets made gains for the second straight day Thursday, closing at a one-month ... Read more...

Posted in Business |

Sensex rallies 175 points on rate cut hopes


June 7th, 2012 - 3:31 pm ICT by IANS
Mumbai, June 7 (IANS) A benchmark index of Indian equities markets was trading over one percent higher in the afternoon session Thursday, after registering the sharpest rally in six ... Read more...

Posted in Business |

Air India pilots stick to stand, airline to go for hiring (Second Lead)


June 6th, 2012 - 7:44 pm ICT by IANS
New Delhi, June 6 (IANS) Downplaying the threat by Air India that it will hire new pilots, a section of agitating aviators who have been on strike for the past ... Read more...

Posted in Business |

Sensex surges 434 points on rate cut and policy push hopes (Lead)


June 6th, 2012 - 7:04 pm ICT by IANS
Mumbai, June 6 (IANS) A benchmark index of Indian equities markets surged almost three percent Wednesday, the biggest gain in almost six months, on hopes of rate cuts by ... Read more...

Posted in Uncategorized |

Air India to hire new pilots, stabilise operations (Lead)


June 6th, 2012 - 5:57 pm ICT by IANS
New Delhi, June 6 (IANS) Civil Aviation Minister Ajit Singh Wednesday said Air India will go ahead and hire new pilots to tackle a prolonged strike by a section of ... Read more...

Posted in Business |

Air India to hire new pilots


June 6th, 2012 - 3:04 pm ICT by IANS
New Delhi, June 6 (IANS) National carrier Air India Wednesday said it will go ahead and hire new pilots to tackle a prolonged strike by a section of pilots that ... Read more...

Posted in Business |

Copper prices likely to ease next fiscal: Hindustan Copper


May 29th, 2012 - 10:10 pm ICT by IANS
Kolkata, May 29 (IANS) Hindustan Copper Ltd, India's only copper miner, Tuesday said prices of copper in the international markets are likely be in the range of $7,500-8,500 per tonne ... Read more...

Posted in Business |

No plan to hike diesel, LPG, kerosene prices: Reddy


May 28th, 2012 - 3:49 pm ICT by IANS
New Delhi, May 28 (IANS) The government has no immediate plan to hike prices of diesel, liquefied petroleum gas (LPG) and kerosene, Petroleum Minister S. Jaipal Reddy said Monday."I ... Read more...

Posted in Business |

Reliance Industries raises $2 billion loan


May 9th, 2012 - 8:21 pm ICT by IANS
Mumbai, May 9 (IANS) Reliance Industries Ltd (RIL) Wednesday said it has signed deals with nine banks to raise $2 billion in loans to finance procurement of goods and services ... Read more...

Posted in Business |

Gold becomes Peru’s No.1 export


May 9th, 2012 - 11:28 am ICT by IANS
Lima, May 9 (IANS/EFE) Peru's gold sales totaled $2.57 billion in the first quarter of this year, making the commodity the country's top export, authorities said.Gold accounted for 23 percent ... Read more...

Posted in Business |

Air India to raise $1.1 bn for new aircraft, working capital


May 8th, 2012 - 11:47 pm ICT by IANS
Mumbai, May 8 (IANS) Air India will raise $1.1 billion to fund its new aircraft acquisition programme and meet working capital requirements, the national carrier said Tuesday, on the day ... Read more...

Posted in Business |

India’s exports drop by 5.71 percent in March


May 1st, 2012 - 2:39 pm ICT by IANS
New Delhi, May 1 (IANS) India's exports fell by 5.71 percent to $28.68 billion in March while imports surged 24.28 percent to $42.58 billion, leaving a monthly trade deficit of ... Read more...

Posted in Business |

India surpasses $300 billion exports target


April 19th, 2012 - 6:37 pm ICT by IANS
New Delhi, April 19 (IANS) India's exports surpassed the $300 billion target in 2011-12 despite a slowdown in demand in major markets like the United States and Europe, Commerce Secretary ... Read more...

Posted in Business |

Movie goers’ thumbs up to ‘Titanic 3D’, earns Rs.6.1 crore


April 9th, 2012 - 7:20 pm ICT by IANS
New Delhi, April 9 (IANS) The 3D version of James Cameron's epic love story "Titanic" has garnered Rs.6.1 crore in the opening weekend and is said to be the highest ... Read more...

Posted in Uncategorized |

Pulses may become dearer in India


April 5th, 2012 - 7:06 pm ICT by IANS
Kolkata, April 5 (IANS) Prices of pulses may increase due to a marginal decline in production this fiscal if the prevailing dry weather conditions in both north and south India ... Read more...

Posted in Business |

Black shoes sell less in India: Christian Louboutin


March 24th, 2012 - 7:56 pm ICT by IANS
Mumbai, March 24 (IANS) Black is not the hot favourite colour among shoe lovers in India, says iconic French footwear designer Christian Louboutin, who has recently set up his first ... Read more...

Posted in Entertainment |

Brazil not to take further steps to depreciate Real


March 24th, 2012 - 2:44 pm ICT by IANS
Rio de Janeiro, March 24 (IANS) The Brazilian government does not plan to further push down the exchange rate of the Brazilian Real against the US dollar, a senior finance ... Read more...

Posted in Business |

‘India will grow at 7.6 percent, to play active global role’ (Roundup)


March 15th, 2012 - 7:43 pm ICT by IANS
New Delhi, March 15 (IANS) India's economic growth will rebound to 7.6 percent in 2012-13 on the back of softening inflation and better industrial production, enabling it to play ... Read more...

Posted in Business |

Economic Survey pegs inflation at 6.5-7 percent


March 15th, 2012 - 2:30 pm ICT by IANS
New Delhi, March 15 (IANS) The Economic Survey for 2011-12 tabled by Finance Minister Pranab Mukherjee in parliament Thursday pegged inflation at 6.5-7 percent by end of March and ... Read more...

Posted in Business |

Larsen and Toubro bags Rs.1,454 crore orders


March 7th, 2012 - 4:29 pm ICT by IANS
New Delhi, March 7 (IANS) Infrasstructure major Larsen and Toubro (L&T;) said Wednesday it has bagged orders worth Rs.1,454 crore across various business segments in February-March."Water and effluents ... Read more...

Posted in Uncategorized |

Rose prices set to soar ahead of Valentine’s Day


February 8th, 2012 - 7:01 pm ICT by IANS
New Delhi, Feb 8 (IANS) With less than a week to go for Valentines' Day, the surge in demand for roses is likely to quadruple their price, a survey here ... Read more...

Posted in Business |

Venezuela completes repatriation of gold


February 1st, 2012 - 12:57 pm ICT by IANS
Caracas, Feb 1 (IANS/EFE) The Venezuelan government received the last 14 tonnes of gold of a total of 160 tonnes that were deposited in banks in other countries, and which ... Read more...

Posted in Business |

UAE, US hold talks


January 17th, 2012 - 12:24 am ICT by IANS
Abu Dhabi, Jan 16 (IANS/WAM) Top officials of the US and the United Arab Emirates (UAE) have held talks on taking their economic partnership to new heights.The UAE is interested ... Read more...

Posted in World |

Solar park launched in Dubai


January 9th, 2012 - 10:44 pm ICT by IANS
Dubai, Jan 9 (IANS/WAM) The Supreme Council of Energy (SCE) for Dubai Monday launched a solar park which is first utility-scale production capacity park of its kind in the region.The ... Read more...

Posted in World |

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