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April 28, 2008 | | Handmade fans industry in doldrums Traditional craftsmen making exquisite handmade fans in India's northern Bijnore face an uphill task due to raw material crunch.
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April 25, 2008 | | India joins Turkmenistan pipeline project India has signed a multi-billion dollar Turkmenistan-Afghanistan-Pakistan gas pipeline that will help meet its growing energy needs and also those of Pakistan.
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March 27, 2008 | | British luxury liner Queen Victoria in India 'Queen Victoria' which is on a maiden world cruise, landed in Kochi in the early hours of the morning and true to its name received a royal welcome at the port city.
Maruti launches Swift Dzire DZire is the company's seventh model unveiled in the last three years.
ONGC may sign deal for Iran projects in April Iran is drawing interest from Indian and Chinese firms that are keen to tap the world's second-largest reserves of oil and gas and are less susceptible than many other companies to Western pressure over Tehran's nuclear programme.
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March 25, 2008 | | Tata to seal Jaguar, Land Rover deal on Mar 26 According to Dodgson, a representative of Ford workers Tata has agreed to retain the manufacturing base of the two marques in Britain and source the supply of engines and transmission from Britain.
India to check spiraling steel prices Alarmed over the 25% rise in steel prices during the last three months, the government has assured that it will go all out to contain the prices.
PM inaugurates 1500-MW power plant in Delhi After laying the foundation stone of the 1500 megawatt Pragati Phase III gas power project, Prime Minister Manmohan Singh also said that nuclear power would free the country from dependence on external sources of energy. He added that BHEL and NTPC will be on this project immediately.
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March 24, 2008 | | Hyderabad international airport begins operations UPA chairperson Sonia Gandhi on Friday evening inaugurated Hyderabad's swanky, new international airport named after late Prime Minister Rajiv Gandhi at Shamshabad, about 30 kms from Hyderabad's central business district.
6th pay panel for 40% pay hike The Sixth Pay Commission on Monday recommended a hefty increase in salaries of over 4.5 million central government employees, a move that would cost the exchequer Rs 12,561 crore in 2008-09.
Nokia sales increase in 2007 Nokia remained the top seller with 110.2 million units reaching a market share of 38.1 per cent in the third quarter of 2007.
Beer market to froth with MNC brands This summer promises to be heady, with about half-a-dozen beer brands making their India debut. These are some of the best-known names in the business: Lowenbrau, Stella Artois, Beck's, Baron's Strong Beer, Tiger, Cobra Bite and even an array of British ales.
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March 19, 2008 | | Ranbaxy, CD Pharma ink pact on Inersan Ranbaxy Laboratories has entered into an exclusive marketing agreement for India and Nepal with CD Pharma for Inersan, a patented probiotic preparation. Inersan is used for the treatment of dental aliments like periodontitis, gingivitis and halitosis.
Auto sales spiral abroad, dip at home 'Made in India' brands continues to shine abroad with exports witnessing a decent 21% growth in 11 months of the current fiscal year.
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March 17, 2008 | | Banks speed up lending in year-end rush According to the RBI's weekly statistical supplement, bank credit growth for the year so far stands at 21.9%. Over the fortnight ended February 29, bank credit grew Rs 41,481 crore to Rs 22.5 lakh crore
Organic cotton is in vogue in Rajasthan Organic cotton fabrics of India's cottage industry which is widely known as khadi is getting popular in Rajasthan. It is becoming a buzzword even in international markets
Maruti races past competition in sedan segment Maruti Suzuki India has zipped past competition, including Honda and Hyundai, in the mid-sized sedan segment this fiscal, on the back of its successful model SX4.
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March 14, 2008 | | Rahul Gandhi wants bigger farm loan waiver Congress MP Rahul Gandhi on Thursday made a strong speech in Parliament demanding the widening of the scope of relief granted to farmers through the loan waiver scheme announced by Finance Minister P Chidambaram in the Budget 2008-09.
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March 12, 2008 | | Airtel, Micro Tech tie up Micro Technologies India, the leading global giant in providing IT based security solutions and Bharti Airtel have tied up to offer micro lost mobile tracking system to secure the mobile handsets to Airtel subscribers.
BMW launches new M3 coupe in India First of the M series from BMW, M3 coupe is a two-door luxury car with a 3999cc V8 petrol engine.
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March 11, 2008 | | MUL ties up with Shriram for rural car finance With an aim to penetrate deeper into the semi-urban and rural India, country's largest car maker, Maruti has tied up with Shriram City Union Finance with an initial allocation of Rs. 1,000 crores
Car sales up 2% in Feb; bike sales dip 18% According to figures released by Society of Indian Automobile Manufacturers or SIAM, domestic passenger car sales managed a growth of 2.31persent in February.Total domestic vehicles sale in February stood at 742,027 units as against 827,594 units in February 2007.
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March 08, 2008 | | Logan beats Verna, SX4 in Feb The company sold 2,753 units of Logan last month,leaving behind its traditional mid-segment rival sedans like Honda City, Hyundai Verna and the Maruti Suzuki SX4.
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March 04, 2008 | | TCS to provide R&D services to Nokia TCS has entered into a multi million euro agreement with global communications services provider Nokia Siemens Networks for joint R&D activities.
ICICI Securities to sell 3% equity pre-IPO ICICI Securities Ltd plans to sell about 3 percent of its equity to institutional investors ahead of its initial public offering or IPO.
Mercedes Benz cars are a rage in Ludhiana Of the nearly 1,500 Mercedes cars in the northern state of Punjab, over 700 models run on Ludhiana roads. Steering a luxury car is a super cool style statement that the affluent in Punjab flaunt today.
India to boost trade with SAARC countries India's trade minister Kamal Nath said the items in the negative list would be brought down with regard to its trade with the least developed countries of South Asian Association of Regional Cooperation or SAARC.
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February 27, 2008 | | Honda to expand dealership network Preparing for its planned foray into the compact car segment in India, Japanese auto major Hero Honda is reportedly expanding its dealership network across 90 Indian cities in the next three years.
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February 25, 2008 | | Fujitsu unveils world's smallest PC The ultra mobile pc weighing 63 grams with 3.5 G mobile broadband aims at providing the luxury of palm-sized connectivity to those who constantly travel.
Gaya's brassware industry in doldrums Traditional brassware artisans of Gaya struggle for survival in the face of the onslaught of stainless steel and other modern synthetic kitchenware.
Gaya's brassware industry in doldrums Indian political parties expressed a unanimous desire to discuss 'other current issues', including the fuel price hike.
Gaya's brassware industry in doldrums Shareholders other than the founders will receive three bonus shares for every five held, effectively reducing the cost of the shares to 269 rupees or $7 for retail shareholders compared to a discounted IPO price of Rs 430.
HDFC and Centurion bank strike merger With the merger HDFC will instantly augment its branch network by 50per. or 400 branches.
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February 21, 2008 | | Tata to invest in the aviation sector The group, which has a 6.9 per cent stake in the budget carrier SpiceJet worth $18 million, has now reportedly invested a 'significant' undisclosed amount through its Indian Hotels Company in BJETS, a business jet operator company.
Rel, HDFC launch India’s 1st virtual credit card Under the scheme, a Reliance mobile phone will get credit card functionality and the mobile number will act as the credit card number.
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February 20, 2008 | | Small entrepreneurs expect a favourable Budget The entrepreneurs have demanded that the government to impose excise duty on the product rather than on the turnover in view of the rising costs of various inputs including raw materials.
High voltage launch of Ford's new 'SUV' Ford Motors Company unveiled its latest Sports Utility Vehicle model the Ford Endeavour Thunder in New Delhi on February 19.
Key concerns of Budget 2008-09 These include the downward revision and deceleration in the manufacturing sector, slowdown in non-food credit sector from over 30 per cent last year to about 20 per cent this year.
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February 11, 2008 | | Video:Reliance power falls at debut Reliance Power, which last month made India's largest-ever initial public offering of $3 billion, fell at its debut at the stock market on February 11th dropping more than 3 percent in turbulent opening trade.
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February 07, 2008 | | Video:Microsoft may borrow first time ever to buy Yahoo Chief financial officer of Microsoft, Chris Liddell has reported that the software giant is likely to borrow money for the first time to finance its proposed $44.6 billion takeover of Yahoo. He also informed in a conference that, the company will use available cash and stock to pay part of the sum it has offered for Yahoo.
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February 06, 2008 | | Video:Hyundai plans a cheaper compact car Hyundai Motors is planning to come up with a compact car, which would be priced lower than the ‘Santro’, and the vehicle is expected to roll out within three years. Currently the cheapest version of the Santro is available at a price of Rs 2.7 lakh and with an eye on a low-priced car; Hyundai may possibly look at a price point close to Rs 2 lakh.
Video:ONGC to invest Rs 600 cr for wind energy projects After successfully starting its pilot wind energy project in Gujarat, Oil and Natural Gas Corporation (ONGC) is now planning to invite bids for its second pilot project in Karnataka.
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January 25, 2008 | | Video:BHEL bags $625 mn contract The state-run company will set up the thermal power-generating unit at the North Chennai Thermal Power Station on an engineering, procurement and construction or EPC basis.
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January 18, 2008 | | Video:No decision yet on fuel price hike A meeting of ministers which had been widely expected to recommend a politically risky rise in retail prices of petrol and diesel ended on January 17 without a decision.
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January 08, 2008 | | Here's the Bajaj small car! International Car and Motors Limited, a part of the Sonalika Group, launched the multi-utility vehicle Rhino Rx in the Indian national capital New Delhi on January 7.
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January 07, 2008 | | Video: Hampshire Resorts to invest in Indian hotel chain Video: The New York-based group is all geared to invest Rs 50 billion or $1.25 bn in India over the next four years. Sant Chatwal, chairman and CEO of Hampshire resorts, said that while major hotels would be set up in southern India, about Rs 20 billion would be invested in northern Punjab.
Video: Forex reserves touch the $275 bn mark Video: The forex reserves rose by $2.837 billion to touch $275.559 billion largely on account of increase in the foreign currency assets.
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January 05, 2008 | | Video: FM wants banks to slash rates India's Finance Minister P Chidambaram said on January 4 that he wants banks to cut lending and deposit rates by 50 basis points, triggering speculation of an interest rate cut by the central bank at its policy review on January 29.
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