investors

Non-Resident Keralites backbone of state economy: PM


September 12th, 2012 - 2:55 pm ICT by IANS
Kochi, Sep 12 (IANS) Prime Minister Manmohan Singh Wednesday described non-resident Keralites (NRKs) as the backbone of the state's economy."More than two million NRKs work in the Middle East ... Read more...

Posted in Business |

Goa newspaper’s editor, wife arrested for cheating investors


September 6th, 2012 - 11:05 pm ICT by IANS
Panaji, Sep 6 (IANS) The Goa Police Thursday arrested a newspaper editor of a free-sheeter newspaper and his wife for duping investors of Rs.25 crore by promising to multiply ... Read more...

Posted in Uncategorized |

Chandy, Achuthanandan wrangle over investors meet


September 6th, 2012 - 8:09 pm ICT by IANS
Thiruvananthapuram, Sep 6 (IANS) Opposition leader V.S. Achuthanandan Thursday drew flak from Chief Minister Oommen Chandy for criticising projects which had been cleared by the former when he was ... Read more...

Posted in Politics |

Faced with criticism, Chandy goes slow on ‘Emerging Kerala’ website


September 5th, 2012 - 8:42 pm ICT by IANS
Thiruvananthapuram, Sep 5 (IANS) Kerala Chief Minister Oommen Chandy Wednesday decided to go slow on updating the 'Emerging Kerala' website after his attempts at transparency turned ... Read more...

Posted in Business |

Reliance Capital to consider special dividend: Ambani


September 4th, 2012 - 3:12 pm ICT by IANS
Mumbai, Sep 4 (IANS) To mark 25 years of Reliance Capital, chairman Anil Ambani Tuesday said the board will consider a special dividend Sep 10 even as talks were on ... Read more...

Posted in Business |

Luxury Hotel for Dogs to Open in New York City


August 21st, 2012 - 7:17 pm ICT by Aishwarya Bhatt
New York City, Aug 21 (THAINDIAN NEWS) A luxury hotel for dogs will be opening in New York City next month. The luxury hotel which is being made for dogs that are ... Read more...

Posted in World News |

Action against cheating emu farm owners, says Jayalalithaa


August 17th, 2012 - 10:36 pm ICT by IANS
Chennai, Aug 17 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Friday directed the police to arrest the promoters of emu farms who are absconding after failing to honour commitments to ... Read more...

Posted in Business |

Bengal moves to recover WBIDC loans


August 7th, 2012 - 12:12 am ICT by IANS
Kolkata, Aug 6 (IANS) In an attempt to recover around Rs.500 crore in outstanding loans of the West Bengal Industrial Development Corporation (WBIDC), the state government Monday said it ... Read more...

Posted in Business |

Government to modify policies to meet investors’ expectations


August 6th, 2012 - 5:21 pm ICT by IANS
New Delhi, Aug 6 (IANS) Finance Minister P. Chidambaram said Monday the government will fine-tune economic policies to meet investor and other stakeholders' expectations."Our policies have to be modified ... Read more...

Posted in Business |

Company Law Board stays Uninor’s proposed asset auction


August 3rd, 2012 - 8:31 pm ICT by IANS
New Delhi, Aug 3 (IANS) The Company Law Board (CLB) Friday ordered telecom service provider Uninor not to proceed with its plan of auctioning its assets.The CLB will hear the ... Read more...

Posted in Business |

Uninor slams Unitech, says auction will ensure transparency


August 1st, 2012 - 9:24 pm ICT by IANS
New Delhi, Aug 1 (IANS) Telecom service provider Uninor Wednesday slammed Unitech for opposing the proposed auction of its assets and said the move will in fact ensure full transparency ... Read more...

Posted in Business |

Uninor to auction business and assets


August 1st, 2012 - 4:06 pm ICT by IANS
New Delhi, Aug 1 (IANS) Telecom service provider Uninor Wednesday said it will auction its business and assets to get maximum possible returns for its investors. The company has invited ... Read more...

Posted in Business |

Essar Group questions trial court’s jurisdiction


July 28th, 2012 - 7:49 pm ICT by IANS
New Delhi, July 28 (IANS) The Essar Group Saturday questioned the jurisdiction of the Delhi special court in hearing their position in the second generation (2G) telecom spectrum allocation case ... Read more...

Posted in Business |

2G: Trial begins against Essar-Loop promoters


July 26th, 2012 - 8:02 pm ICT by IANS
New Delhi, July 26 (IANS) The trial of promoters of the Essar Group and Loop Telecom in the 2G case started Thursday in a CBI special court here.Two bank officials ... Read more...

Posted in Business |

Revised SEZ policy in 3-4 weeks: Commerce secretary


July 26th, 2012 - 6:50 pm ICT by IANS
Kolkata, July 26 (IANS) The government hopes to come out with new guidelines to revive Special Economic Zones (SEZs) in three to four weeks, Commerce Secretary S.R. Rao said Thursday."We ... Read more...

Posted in Business |

Shriram Transport Finance to expand into rural areas


July 25th, 2012 - 6:28 pm ICT by IANS
Chennai, July 25 (IANS) Used truck financier Shriram Transport Finance Company is planning to expand its network to rural India where it sees good demand growth."Currently the company has around ... Read more...

Posted in Business |

Goa mulling policy to attract investment in IT sector


July 17th, 2012 - 4:07 pm ICT by IANS
Panaji, July 17 (IANS) The Goa government could soon come up with a policy to attract investment in the Information Technology (IT) sector, Chief Minister Manohar Parrikar told the Goa ... Read more...

Posted in Business |

Islamabad to have export processing zone


July 7th, 2012 - 1:46 pm ICT by IANS
Islamabad, July 7 (IANS) An export processing zone will be established in Islamabad, said Deputy Prime Minister Chaudhry Pervaiz Elahi.Elahi said Friday that Islamabad Export Processing Zone would be established ... Read more...

Posted in South Asia |

Global FDI rises 16 percent: UN report


July 6th, 2012 - 8:12 am ICT by IANS
Vienna, July 6 (IANS) Despite the ongoing eurozone crisis, global foreign direct investment (FDI) increased by 16 percent to $1.536 trillion in 2011, a UN report said.According to "World Investment ... Read more...

Posted in Business |

IKEA to invest $1.9 billion in India


June 22nd, 2012 - 7:36 pm ICT by IANS
New Delhi, June 22 (IANS) Sweden-based IKEA, the world's largest furniture maker, will invest around $1.9 billion (Rs.10,500 crore) in opening 25 retail stores in India, Commerce and Industry Minister ... Read more...

Posted in Business |

China to invest over $500 bn in tourism sector


June 20th, 2012 - 3:47 pm ICT by IANS
Beijing, June 20 (IANS) China will invest up to 3.2 trillion yuan (around $503 billion) in the tourism sector this year, experts have said.Liu Feng, founder of the Beijing Davost ... Read more...

Posted in World |

SC reserves verdict on Sahara group plea


June 14th, 2012 - 10:28 pm ICT by IANS
New Delhi, June 14 (IANS) The Supreme Court Thursday reserved its verdict on a plea by Sahara group of companies, dealing in real estate and housing, challenging a tribunal's ... Read more...

Posted in Business |

US stocks mixed on disappointing data


June 13th, 2012 - 10:51 pm ICT by IANS
New York, June 13 (IANS) US stocks opened mixed Wednesday on negative data, although more and more investors believe that a new round of quantitative easing will come.On the economic ... Read more...

Posted in Business |

2G case: Charges framed against Essar, Loop promoters (Lead)


May 25th, 2012 - 7:52 pm ICT by IANS
New Delhi, May 25 (IANS) A special Central Bureau of Investigation (CBI) court here Friday formally slapped the charges of conspiracy and cheating against the promoters of the Essar Group ... Read more...

Posted in Business |

Himachal not investor friendly: Anand Sharma


May 23rd, 2012 - 10:05 pm ICT by IANS
Shimla, May 24 (IANS) Commerce and Industry Minister Anand Sharma Wednesday blamed the Himachal Pradesh government for pursuing policies not congenial to investors."The industrialists are being asked to pay for ... Read more...

Posted in Politics |

Facebook sets IPO price at $38


May 18th, 2012 - 5:42 am ICT by IANS
New York, May 18 (IANS) Facebook Thursday set the price for its initial public offering (IPO) at $38 per share.The price came one day before Facebook begins to trade ... Read more...

Posted in Business |

Order on framing charges against Essar, Loop promoters May 25


May 11th, 2012 - 9:28 pm ICT by IANS
New Delhi, May 11 (IANS) A special Central Bureau of Investigation (CBI) court Friday fixed May 25 for its order on framing charges against the promoters of the Essar Group ... Read more...

Posted in Uncategorized |

2G case: No cheating by us, says Loop


May 10th, 2012 - 7:53 pm ICT by IANS
New Delhi, May 10 (IANS) The promoters of Loop Telecom told a special CBI court here Thursday that no charge of cheating could be made out against the company in ... Read more...

Posted in Uncategorized |

No cheating case against us: Essar


May 9th, 2012 - 10:31 pm ICT by IANS
New Delhi, May 9 (IANS) No case of cheating in the 2G scam is made out against the Essar Group, it contended in a Central Bureau of Investigation (CBI) special ... Read more...

Posted in Uncategorized |

CBI misleading courts on Essar: Counsel


May 8th, 2012 - 8:23 pm ICT by IANS
New Delhi, May 8 (IANS) The Essar Group Tuesday alleged that the Central Bureau of Investigation (CBI) was misleading courts about their culpability in the second generation (2G) telecom airwaves ... Read more...

Posted in Business |

US stocks rise on upbeat manufacturing data


May 1st, 2012 - 11:44 pm ICT by IANS
New York, May 1 (IANS) US stock jumped Tuesday, with the blue-chip Dow rallying to a fresh four-year high, as market sentiment was boosted by upbeat manufacturing data.According to the ... Read more...

Posted in Business |

US stocks open lower


April 30th, 2012 - 9:30 pm ICT by IANS
New York, April 30 (IANS) US stocks opened lower Monday as investors worried about the economic recession in Spain.Spain's GDP contracted by 0.3 percent for the first quarter. Although the ... Read more...

Posted in Business |

Kerala should guard against religious fundamentalism: Ramesh


April 20th, 2012 - 11:31 pm ICT by IANS
New Delhi, April 20 (IANS) Describing Kerala as the "fountainhead" of social harmony, Rural Development Minister Jairam Ramesh Friday warned against the danger of the state becoming threatened by religious ... Read more...

Posted in Politics |

Sri Lanka’s bourse relaxes rule


April 20th, 2012 - 2:08 pm ICT by IANS
Colombo, April 20 (IANS) Sri Lanka's stock market opened on a positive note Friday after the removal of the 10 percent price band by the Securities and Exchange Commission (SEC), ... Read more...

Posted in South Asia |

US stocks continue downward trend


April 11th, 2012 - 3:20 am ICT by IANS
New York, April 11 (IANS) US stocks continued the downward trend Tuesday as concerns over European debt problems resurfaced amid rising borrowing costs in Spain and Italy.US stocks logged four ... Read more...

Posted in Business |

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