Archive for December, 2008

Reliance GSM vs Airtel GSM

Reliance GSM is going to give AIRTEL GSM in Subscribers Addition.
Airtel was enjoying a cake walk till now.But soon its going to get changed.
Enjoy the Price war

Haryana bets on infra projects to thwart crisis

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) is looking en route for various Private Public Partnership Projects (PPP) to help thwart the slowdown in the

Orchid Hotels to continue looking for acquisitions

Mumbai, Dec. 30 The year 2008 has been full of challenges for the Indian hospitality industry. The global recession negatively impacted foreign tourist arrivals, which grew in the range of merely 1.5-2 per cent in September-October compared to

M&A deals up 12%; Indian cos tap global opportunities

Chennai, Dec. 30 The global slowdown in 2008 provided good opportunity for Indian software service providers to cherry-pick attractive companies at reasonable prices - be it to expand global footprint or fill in capability gaps or access new

Posco may put India plans on hold

New Delhi, Dec. 30 Korean steel giant Posco is considering putting its India plans on hold.

RCom redeems FCCB bonds

Bangalore, Dec. 30 Reliance Communications Ltd redeemed 250 Foreign Currency Convertible Bonds

Aurobindo HIV drug gets FDA nod


NMDC keen to set up steel plant in Karnataka

Hyderabad, Dec. 30 The National Mineral Development Corporation Ltd (NMDC) has evinced interest in setting up a steel plant in Bellary district of

‘ I intend to continue till confidence is restored’

The embattled Satyam Computer Services management got some support from one of its independent directors and the former Union Cabinet Secretary, Mr T.R. Prasad, who said that “resigning from the Board now is like deserting a troubled

Far From The Maddening Crisis

With no end in sight to the current downturn, countries are being forced on the back foot, and their heads are talking bailout deals. Down and out, people are beginning to wonder whether there are any places left which might provide them with a safe haven. The good news is, yes, there are.

Toyota may modify its just-in-time system

May raise inventories to mitigate the effects of its US suppliers’ fall.

Nifty Futures adds Rs 22710 cr in OI: Anagram

Nifty Futures have added Rs 22710 crore in the open interest on December 31, 2008 report.

\’Sugar market to give wonderful returns in 2009\’

G Chandrashekhar of Business Line believes that the dollar is going to weaken which is going to send very positive signals for the speculative capital to reenter the market. In his opinion, sugar market will give wonderful returns to investors in 2009 because the global sugar market is going to be driven by India’s sugar […]

Rupee ends lower, bonds higher

The spot rupee ended lower at Rs 48.79 per USD as against its previous close of Rs 48.47. The widely traded 8.24% 2018 paper ended higher at Rs 121.79 as against its previous close of Rs 121.63.

Fortune opens new hotel in Hyderabad

Hyderabad, Dec. 30 Fortune Park Hotels, an arm of ITC Ltd, plans to go ahead with its expansion despite the downturn by opening 27 new hotels in the next 24