overseas markets

Declare jet fuel a notified product to bring down prices: Ajit Singh


September 10th, 2012 - 3:00 pm ICT by IANS
New Delhi, Sep 10 (IANS) Civil Aviation Minister Ajit Singh Monday said he has urged the petroleum ministry to put aviation turbine fuel (ATF) on the notified product list ... Read more...

Posted in Business |

Texmaco plans to ramp up wagon exports to Africa, Bangladesh


August 29th, 2012 - 9:17 pm ICT by IANS
Kolkata, Aug 29 (IANS) Kolkata-based wagon maker Texmaco is looking to expand its footprints in the overseas markets by ramping up its volume of exports to Africa and Bangladesh, a ... Read more...

Posted in Business |

Air India yet to decide on direct ATF import: Ajit Singh


August 28th, 2012 - 9:40 pm ICT by IANS
New Delhi, Aug 28 (IANS) Air India has not yet decided about importing Air Turbine Fuel (ATF) directly, Civil Aviation Minister Ajit Singh said Tuesday. The minister said this in ... Read more...

Posted in Business |

58 percent rise in China’s alcohol imports


August 10th, 2012 - 9:31 am ICT by IANS
Beijing, Aug 10 (IANS) China's alcohol imports has risen 58.1 percent from a year earlier to $2.4 billion last year, according to the country's commerce ministry.In 2011, the country imported ... Read more...

Posted in Business |

Chiness wind turbine firm ties up with Reliance


July 2nd, 2012 - 8:09 pm ICT by IANS
Zhongshan (China), July 2 (IANS) Chiness wind turbine manufacturer Ming Yang Wind Power Group Monday said it has entered into agreements with Reliance Capital and Reliance Power to co-develop a ... Read more...

Posted in Business |

Sensex above 17,000, JP Morgan upgrades Indian stocks (Lead)


June 21st, 2012 - 6:56 pm ICT by IANS
Mumbai, June 21 (IANS) A benchmark index of Indian equities markets rallied in the last hour of trade Thursday to close above the 17,000-mark. The rebound was mainly due ... Read more...

Posted in Business |

Sarovar Hotels to expand in Africa, India


June 21st, 2012 - 2:40 pm ICT by IANS
Chennai, June 21 (IANS) Sarovar Hotels Pvt Ltd, a fast-growing hotel chain, is in the process of expanding its African and Indian presence in managing and owning properties, a ... Read more...

Posted in Business |

FDI in multi-brand retail will lift mood: Economic advisor


June 13th, 2012 - 12:05 am ICT by IANS
Bangalore, June 12 (IANS) Opening up the multi-brand retail sector to foreign direct investment(FDI) would lift the economic mood and largely benefit farmers and small exporters, the government's top economist said ... Read more...

Posted in Business |

Air India to import jet fuel directly


June 7th, 2012 - 9:02 pm ICT by IANS
New Delhi, June 7 (IANS) Air India wants to directly import jet fuel that would help the national carrier save around Rs.300 crore annually.To do this, the airline will seek ... Read more...

Posted in Uncategorized |

Volvo Eicher eyes 15 percent share of heavy commercial vehicles market


May 11th, 2012 - 12:07 am ICT by IANS
Kolkata, May 10 (IANS) Volvo Eicher Commercial Vehicles (VECV), a joint venture between Swedish auto major Volvo and India's Eicher Motors, is eyeing 15 percent share in the heavy commercial ... Read more...

Posted in Business |

Maruti Suzuki exports one millionth vehicle


April 30th, 2012 - 7:24 pm ICT by IANS
New Delhi, April 30 (IANS) Passenger car market leader Maruti Suzuki Monday dispatched its one millionth vehicle, a red coloured hatchback A-star, for delivery in Denmark.The export vehicle left the ... Read more...

Posted in Business |

Moody’s may downgrade India’s three top private lenders


April 30th, 2012 - 3:23 pm ICT by IANS
Mumbai, April 30 (IANS) Global ratings agency Moody's Investors Service said Monday it has placed on review India's three top private sector lenders ICICI Bank, HDFC Bank and Axis ... Read more...

Posted in Business |

What do ratings, outlook downgrades mean?


April 25th, 2012 - 7:52 pm ICT by IANS
New Delhi, April 25 (IANS) Ratings agency Standard & Poor's Wednesday cut its outlook on India to "negative" from "stable". What does it mean?Outlook indicates potential direction of ratings in ... Read more...

Posted in Business |

POSCO’s operating profit drops in Q1


April 20th, 2012 - 5:30 pm ICT by IANS
Seoul, April 20 (IANS) South Korea's top steelmaker Posco said Friday that its operating profit dropped in the first quarter due to weak demand and high feedstock costs.Consolidated operating profit, ... Read more...

Posted in Business |

India should allow processing of pulses for exports


April 6th, 2012 - 6:33 pm ICT by IANS
Chennai, April 6 (IANS) The Indian government should allow at least the processing of imported raw pulses for export markets so that the domestic milling industry occupies the slots now ... Read more...

Posted in Business |

India’s TAFE to make tractors for US


April 4th, 2012 - 6:23 pm ICT by IANS
Chennai, April 4 (IANS) India's Tractors and Farm Equipment Ltd (TAFE) will start making two models of high horse power (hp) tractors later this year for US-based AGCO Corpo, said ... Read more...

Posted in Business |

PayPal founder buys into New Zealand technology fund


March 22nd, 2012 - 7:58 pm ICT by IANS
Wellington, March 22 (IANS) A US billionaire who was among the early investors in Facebook and PayPal Thursday helped launch a new venture capital fund to finance New Zealand ... Read more...

Posted in Business |

Firm admits it sold dead ducks


March 20th, 2012 - 6:34 pm ICT by IANS
Beijing, March 20 (IANS) A food processing company in China's Henan province has admitted to selling dead ducks instead of incinerating them, as required by regulations.The Huaying Group, a duck-breeding ... Read more...

Posted in Business |

South Korea to invest $1 bn on energy sector


March 20th, 2012 - 2:02 pm ICT by IANS
Seoul, March 20 (IANS) South Korea will invest 1.08 trillion won (around $1 billion) on research and development on the energy sector this year to explore fresh resources, the government ... Read more...

Posted in Business |

China may cut interest rates


February 27th, 2012 - 1:39 pm ICT by IANS
Beijing, Feb 27 (IANS) An uncertain outlook for overseas markets could lead to a cut in Chinese interest rates, according to a report.The report was jointly released by Xiamen University, ... Read more...

Posted in Business |

‘Agneepath’ overwhelms global box office, earns $3.2 mn


February 1st, 2012 - 8:26 pm ICT by IANS
New Delhi, Feb 1 (IANS) After a record opening in the domestic market, filmmaker Karan Johar's "Agneepath" has tasted success in the overseas market by earning $3.2 million (Rs.160 ... Read more...

Posted in Entertainment |

Bajaj Auto’s Q3 net profit zooms 19 percent


January 19th, 2012 - 4:57 pm ICT by IANS
Mumbai, Jan 19 (IANS) Two- and three-wheeler major Bajaj Auto Thursday reported a 19 percent increase in its net profit for the Oct-Dec third quarter of the current fiscal at ... Read more...

Posted in Business |

Scotch whisky industry unaffected by recession


January 2nd, 2012 - 1:59 pm ICT by IANS
London, Jan 2 (IANS) The whisky industry in Scotland, one of the most popular in the world, has not been affected by the economic downturn because of developing overseas markets, ... Read more...

Posted in Life Style |

‘Don 2′ grosses Rs.15.3 crore on first day


December 25th, 2011 - 8:31 pm ICT by IANS
New Delhi, Dec 25 (IANS) Shah Rukh Khan's "Don 2 - The King is Back" has earned Rs.15.3 crore on the opening day, which is the highest first day ... Read more...

Posted in Entertainment |

Ford India and Nissan register sales growth in November


December 1st, 2011 - 7:53 pm ICT by IANS
Chennai, Dec 1 (IANS) Car makers Ford India Pvt Ltd and Nissan Motor India Pvt Ltd closed last month with increased sales.Ford India closed last month selling 8,322 units last ... Read more...

Posted in Business |

South India planters upbeat on growth prospects


October 21st, 2011 - 8:26 pm ICT by IANS
Coonoor (Tamil Nadu), Oct 21 (IANS) Barring tea, planters of coffee, rubber and spices have reason to celebrate ahead of Diwali as they never had it so good on all ... Read more...

Posted in Business |

India’s exports rise 44 percent in August; deficit widens to $14 bn


October 3rd, 2011 - 6:30 pm ICT by IANS
New Delhi, Oct 3 (IANS) India's exports soared 44.25 percent to $24.31 billion, while imports grew 41.82 percent to $38.35 billion in August, leaving a trade deficit of $14.04 billion, ... Read more...

Posted in Business |

Ford India to benefit from economies of scale


September 20th, 2011 - 1:52 pm ICT by IANS
Chennai, Sep 20 (IANS) The eight new car models Ford Motor Co plans to roll out of its two Indian plants will be on global platform and will have several ... Read more...

Posted in Business |

Tata Motors, JLR to collaborate on R&D;


September 7th, 2011 - 8:27 pm ICT by IANS
New Delhi, Sep 7 (IANS) Tata Motor has decided to develop new vehicles for domestic and overseas markets using in-house research and the expertise gained through acquisition of Jaguar Land ... Read more...

Posted in Uncategorized |

Finally, BlackBerry bosses bow to investor pressure


July 1st, 2011 - 11:58 am ICT by IANS
Toronto, July 1 (IANS) The firm grip of two co-CEOs on BlackBerry maker Research In Motion (RIM) loosened Thursday, with the two bosses bending to shareholder demands to review the ... Read more...

Posted in Business |

Albert David seeks new overseas markets for drug


June 20th, 2011 - 8:56 pm ICT by IANS
Chennai June 20 (IANS) Kolkata-based Albert David Limited has restarted production of placentrex injection and gel and is looking at new overseas market for the product, a top company official ... Read more...

Posted in Business |

Elder Pharma to sell Indian brands in European market


June 7th, 2011 - 9:34 pm ICT by IANS
Bangalore, June 7 (IANS) Drug maker Elder Pharmaceuticals Ltd will soon roll out its leading Indian brands in the European market through its subsidiaries in Britain and Bulgaria, to step ... Read more...

Posted in Business |

Overseas market next halt for ‘Shor In The City’: Director


May 1st, 2011 - 8:43 pm ICT by IANS
Mumbai, May 1 (IANS) Dark comedy "Shor In The City" opened to rave reviews and buoyed by the positive response, its director duo now want to explore overseas markets ... Read more...

Posted in Entertainment |

BlackBerry lowers profit outlook, stock sinks


April 29th, 2011 - 12:44 pm ICT by IANS
Toronto, April 29 (IANS) BlackBerry stock sank Thursday as slow sales of its smart phones forced device maker Research In Motion (RIM) to slash its quarterly profit outlook.Issuing a revised ... Read more...

Posted in Sci-Tech |

Don’t write us off, warns BlackBerry chief


April 16th, 2011 - 10:55 am ICT by IANS
Toronto/New York, April 16 (IANS) After this week's advance reviews slamming its PlayBook tablet, that is hitting markets Tuesday, as 'half baked' and analysts calling the company a "broken ... Read more...

Posted in Sci-Tech |

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