Business News

Last updated: Thursday, December 18, 2014 10:12:13 PM

India tea exports rise, prices firm up at auctions
Guwahati, Sep 29 (IANS) The beleaguered Indian tea industry is on a comeback trail with exports increasing and prices firming up in the weekly auctions despite competition from several countries producing cheap teas, an industry official said here Monday.

Monday, September 29, 2008 5:17:14 PM

Milk price to go up in Kerala
Thiruvananthapuram, Sep 29 (IANS) Kerala's ruling Left Democratic Front (LDF) Monday decided to increase the price of government-supplied milk by Re.1. This is the fourth hike in the price of milk after the LDF government came to power two years ago.

Monday, September 29, 2008 5:16:40 PM

Indian investors nervous on US bailout plan details
New Delhi, Sep 29 (IANS) Indian investors are a nervous lot, and say the bailout bill announced by the Congress is a much watered down version of what was expected and is needed to add liquidity in the system.

Monday, September 29, 2008 5:15:11 PM

Pay a transaction fee on each air ticket from Nov 1
New Delhi, Sep 29 (IANS) Yet another airfare hike is in the offing from Nov 1 as airlines and travel agents have mutually decided to add a new component, transaction fee, which would be a minimum of Rs.350 for domestic and maximum of Rs.10,000 for international tickets, an industry official said here Monday.

Monday, September 29, 2008 3:25:42 PM

Hit by credit crunch, Sterling goes slow on biofuel plans
Chennai, Sep 29 (IANS) The Rs.65-billion ($1.4-billion) Sterling Infotech Group, which has interests in renewable energy and biofuel among other business interests, is going slow on its ambitious ethanol production plans in the US and India, thanks to the global credit crunch and high corn prices.

Monday, September 29, 2008 2:40:42 PM

Jharkhand traders launch agitation against rising crime
Ranchi, Sep 29 (IANS) Unhappy with the rising crime graph in the state, Jharkhand traders Monday launched an agitation to highlight the threat to businesses and failure of the police to curb the menace.

Monday, September 29, 2008 1:10:21 PM

Brakes India to expand Oman foundry facility
Chennai, Sep 29 (IANS) Brakes India Ltd, a leading manufacturer of braking systems and ductile castings, will invest $16 million to expand the production capacity of its foundry facility in Oman, a top official said.

Monday, September 29, 2008 12:09:34 PM

Indian Markets slide despite US Congress nod to bailout plan
Mumbai, Sep 29 (IANS) Despite the US Congress passing legislation for the unprecedented $700 billion bailout for troubled assets, Indian equities markets opened weak and slid into the red on short selling and large institutional sales, analysts said.

Monday, September 29, 2008 11:36:37 AM

Showstoppers on the ramp a marketing gimmick: Manish Malhotra
New Delhi, Sep 29 (IANS) Tinsel town's favourite designer Manish Malhotra may have been the one man who started the trend of bringing a celebrity to walk the ramp for a fashion show but has now discontinued this as he feels it has become a marketing gimmick.

Monday, September 29, 2008 11:08:47 AM

West Bengal Left Front crisis blows over
Kolkata, Sep 28 (IANS) Putting aside their differences, the constituents of West Bengal's ruling Left Front Sunday decided to renew the licence of German firm Metro Cash and Carry while the Forward Bloc withdrew its threat of boycotting the state secretariat on the issue.

Sunday, September 28, 2008 10:55:21 PM

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