India’s biscuit industry heading towards premiumisation (Feature)
May 3rd, 2012 - 5:27 pm ICT by IANS
Kolkata, May 3 (IANS) India's Rs.150-billion ($3 billion) biscuit industry, the third largest in the world, is witnessing a major shift towards 'premiumisation' as consumer preferences change, fuelled by soaring ... Read more...
Posted in Feature |
Chinese firm plans aggressive auto export
April 22nd, 2012 - 2:51 pm ICT by IANS
Beijing, April 22 (IANS) Chinese carmaker Dongfeng Motor expects its auto export to grow about five times to reach 300,000 units in 2016, the company announced.By 2016, one in every ... Read more...
Posted in Business |
US sues Apple, publishers over e-book pricing
April 12th, 2012 - 6:04 am ICT by IANS
New York, April 12 (IANS) The US government Wednesday filed an antitrust lawsuit against Apple and five major book publishers, saying they conspired to limit market competition in electronic book ... Read more...
Posted in Uncategorized |
US stocks rebound on strong Alcoa earnings
April 12th, 2012 - 6:03 am ICT by IANS
New York, April 12 (IANS) US stocks rebounded Wednesday, snapping a five-day losing streak, after aluminum producer Alcoa reported better-than-expected earnings.The Dow Jones industrial average gained 89.46 points, or 0.70 ... Read more...
Posted in Business |
US stocks rebound on strong Alcoa earnings
April 12th, 2012 - 6:03 am ICT by IANS
New York, April 12 (IANS) US stocks rebounded Wednesday, snapping a five-day losing streak, after aluminum producer Alcoa reported better-than-expected earnings.The Dow Jones industrial average gained 89.46 points, or 0.70 ... Read more...
Posted in Business |
83 people on Hurun rich list have $1.5 trillion
March 6th, 2012 - 11:12 pm ICT by IANS
Beijing, March 6 (IANS) Eighty-three individuals worldwide with a staggering combined personal wealth of $1.5 trillion have been listed on this year's Hurun Global Rich List.Carlos Slim, 73, tops ... Read more...
Posted in Business |
Himachal wants cement put on controlled commodity list
January 2nd, 2012 - 7:53 pm ICT by IANS
Shimla, Jan 2 (IANS) Himachal Pradesh Chief Minister Prem Kumar Dhumal Monday asked the central government to include cement in the controlled items list within the Essential ... Read more...
Posted in Business |
Market induced reduced tariff lowered BSNL, MTNL revenues: Pilot
November 29th, 2010 - 7:40 pm ICT by IANS
New Delhi, Nov 29 (IANS) State-owned telcos Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) were forced to reduce their tariffs due to intense market competition and this led ... Read more...
Posted in Business |
Hindus praise Pope for highlighting family
September 26th, 2010 - 3:37 pm ICT by ANI
Nevada (US), Sep 26 (ANI): Hindus have praised His Holiness Pope Benedict XVI for his message pointing to the need of spending more time together with families.In a letter released on September ... Read more...
Posted in World |
Is Oracle vying to acquire HP?
September 23rd, 2010 - 2:53 am ICT by Aishwarya Bhatt
Sep 22 (THAINDIAN NEWS) Hewlett Packard and Oracle have announced that they have reached a deal that will see former Oracle chief Mark Hurd assume his new role as co-president of Oracle.Hurd's ... Read more...
Posted in Technology Industry News |
The beginning of truck wars? (AutoExpo 2010 diary)
January 5th, 2010 - 4:38 pm ICT by IANS
New Delhi, Jan 5 (IANS) The biennial Auto Expo 2010 that opened here Tuesday could well signal the beginning of "truck wars" in a segment that was hitherto dominated by Tata Motors ... Read more...
Posted in Business |
Volvo to roll out sleeper coach buses by year-end
August 28th, 2009 - 4:34 pm ICT by IANS
New Delhi, Aug 28 (IANS) Volvo Buses India Friday said it is planning to roll out "sleeper coaches" by the end of this year.
"One of the markets we are studying is sleeper ... Read more...
Posted in Business |
Indian textile and apparel industry set to grow
August 19th, 2009 - 7:59 pm ICT by ANI
By Karan KapoorLudhiana, Aug.19 (ANI): With a strong domestic demand and the stimulus provided by the government, Indian textile and apparel industry is confident that it would grow.With the Central Government recently ... Read more...
Posted in Feature |
NCP promises jobs for jobless, homes for slumswellers
April 3rd, 2009 - 10:16 pm ICT by IANS
Mumbai, April 3 (IANS) The Nationalist Congress Party (NCP), in its manifesto released here Friday, has promised to protect the interests of millions of people rendered jobless in the global economic crisis ... Read more...
Posted in Politics |
China rejects Coca-Cola’s bid to buy Chinese firm
March 18th, 2009 - 5:23 pm ICT by IANS
Beijing, March 18 (Xinhua) Coca-Cola's bid to acquire China Huiyuan Juice Group has failed to meet the country's anti-monopoly law, the Ministry of Commerce (MOC) announced Wednesday.
The MOC said on its website ... Read more...
Posted in Business |
Nokia reports lower net profit in third quarter
October 16th, 2008 - 8:49 pm ICT by IANS
Helsinki, Oct 16 (DPA) Finnish-based Nokia, the world's biggest mobile phone maker, said Thursday its operating profit dropped by 21 percent in the third quarter of 2008.Operating profit for the quarter was ... Read more...
Posted in Business |
Factional clashes take toll on northeast India business hub
August 9th, 2008 - 10:10 am ICT by IANS
Dimapur (Nagaland), Aug 9 (IANS) With continuing clashes between secessionist groups and fresh taxes, both legal and illegal, plus the added weight of taxes and extortions, business establishments in this commercial hub ... Read more...
Posted in World |
World Bank ex-chief doubts Russia’s growth target
May 30th, 2008 - 10:22 pm ICT by admin
RIA Novosti
Moscow, May 30 (RIA Novosti) Former World Bank chief James Wolfensohn said Friday Russia would be world's ninth largest economy by 2050 with China and India leading from the front, despite ... Read more...
Posted in Business |
Prices of essential commodities to come down
May 22nd, 2008 - 5:39 pm ICT by admin
New Delhi, May 22 (IANS) Prices of essential commodities will come down in two months owing to huge production this year, a government official said Thursday. "This year has seen record production ... Read more...
Posted in Business |
Hic, hic! Hiccups for Goa’s feni industry
April 9th, 2008 - 10:29 am ICT by admin
By Frederick Noronha
Panaji, April 9 (IANS) Goa's traditional liquor feni needs more than just tipsy tourists to keep it going. The popular drink is facing challenges on its home turf even as ... Read more...
Posted in Business |