Business News

Last updated: Thursday, April 24, 2014 2:36:19 PM

Export cargo to now get transit insurance cover
Chennai, May 16 (IANS) With some general insurance companies already offering to exporters risk coverage for both credit and transit of goods, the Export Credit Guarantee Corporation of India (ECGC) has joined hands with an ally to protect its turf.

Friday, May 16, 2008 6:07:23 PM

Jaipur blasts led to Rs.20 bn losses in turnover
Jaipur, May 16 (IANS) The two-day shutdown in the walled city areas, following the serial terror blasts in Jaipur that claimed 61 lives, has hit businesses hard, leading to an estimated loss of Rs.20 billion, the industry said Friday.

Friday, May 16, 2008 5:41:17 PM

Metso to make Rs.1.12 bn machine for Essar Steel
Mumbai, May 16 (IANS) Leading mining solutions provider Metso Minerals Friday said that it will supply a Rs.1.12 billion iron ore machine to Essar Steel Holdings Ltd.

Friday, May 16, 2008 5:40:38 PM

Inflation hits new high, worries Chidambaram (Second Lead)
New Delhi, May 16 (IANS) With India's wholesale inflation, the weekly measure of price trends, rising to 7.83 percent for the week ended May 3, the government may take more steps to control prices.

Friday, May 16, 2008 5:06:20 PM

No increase in steel price for next three months: SAIL
New Delhi, May 16 (IANS) Public sector major Steel Authority Of India Ltd (SAIL) has ruled out any increase in the prices of its products in the next three months, its chairman said Friday.

Friday, May 16, 2008 5:03:10 PM

Inflation figures worrisome, matter of concern: Chidambaram
New Delhi, May 16 (IANS) Finance Minister P. Chidambaram has expressed concern as India's wholesale inflation hit a whopping 7.83 percent for the week ended May 3 compared to 7.61 percent in the week preceding it.

Friday, May 16, 2008 4:43:20 PM

Indian equities bounce back to end week on upswing (Roundup)
Mumbai, May 16 (IANS) After a day of ups and downs, Indian equities markets managed to close the week in the green Friday. The good news of a depreciating rupee outweighed the bad news of record inflation.

Friday, May 16, 2008 4:42:38 PM

Tata Motors launches eco-friendly Indica model
Mumbai, May 16 (IANS) Tata Motors Friday launched a new dual fuel, eco-friendly model of its Indica range of vehicles.

Friday, May 16, 2008 4:35:31 PM

'Doha Round success hinges on ensuring livelihood of poor'
New Delhi, May 16 (IANS) Success of the Doha Round of world trade talks depends on both developed and developing nations and cannot be achieved if the livelihood of the poor is not secured, Commerce and Industry Minister Kamal Nath said Friday.

Friday, May 16, 2008 4:06:49 PM

Bank of India's net profit up 76 percent
Mumbai, May 16 (IANS) Bank of India Friday announced a consolidated net profit of Rs.19.59 billion ($489.96 million) during the fiscal year 2008 compared to Rs.11.08 billion ($277 million) for the year ended March 31, 2007.

Friday, May 16, 2008 3:15:21 PM

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