Business News

Last updated: Wednesday, April 23, 2014 7:08:04 PM

Hyundai cuts export target due to strong rupee
New Delhi, April 12 (IANS) Korean carmaker Hyundai Motor's Indian subsidiary has reduced its export target from 265,000 units to 212,000 units in 2008 due to appreciation of the rupee, said a company official.

Saturday, April 12, 2008 5:45:25 PM

'Blaming steel price rise for inflation is unfair'
New Delhi, April 12 (IANS) The Indian Steel Alliance (ISA) and Associated Chambers of Commerce and Industry of India (Assocham) have criticised the central government for blaming the steel industry for the high rate of inflation.

Saturday, April 12, 2008 5:44:46 PM

India asks Pakistan to expand free trade items list
New Delhi, April 12 (IANS) India has urged Pakistan to expand its list of items that can be freely traded under the South Asian Free Trade Agreement (Safta), Commerce and Industry Minister Kamal Nath said.

Saturday, April 12, 2008 4:30:52 PM

Property worth millions destroyed in Kolkata fire (Lead)
Kolkata, April 12 (IANS) Property worth millions of rupees was destroyed in a fire in the 125-year-old flower market near Howrah Bridge in Kolkata, according to traders.

Saturday, April 12, 2008 4:28:03 PM

New minister hopes to turn sick industries around
Ranchi, April 12 (IANS) The newly inducted union Minister of State for Heavy Industries and Public Enterprises Raghunath Jha, on a two-day visit to Jharkhand, said Saturday that no political interference would be allowed in the functioning of public sector companies.

Saturday, April 12, 2008 4:27:12 PM

India to import more cement from Pakistan
New Delhi, April 12 (IANS) After banning export of cement to control inflation, India plans to increase import of cement from Pakistan and buy a total of seven million tonnes from the neighbouring country this fiscal, said a senior commerce ministry official here Saturday.

Saturday, April 12, 2008 4:05:02 PM

Cement export ban not applicable for SEZs: Kamal Nath
New Delhi, April 12 (IANS) A day after the government announced a ban on cement export to arrest prices, Commerce and Industry Minister Kamal Nath said Saturday that it is not applicable to special economic zones (SEZs).

Saturday, April 12, 2008 4:03:45 PM

India pavilion at Singapore pump exhibition
Ahmedabad, April 12 (IANS) The Engineering Export Promotion Council of India (EEPC) will be organizing an India pavilion at an international pumps exhibition in Singapore in July in order to make inroads into the Association of Southeast Asian Nations (ASEAN) region.

Saturday, April 12, 2008 1:44:34 PM

Indian, Chinese steel makers to discuss cooperation
Ranchi, April 12 (IANS) Technology exchange between Chinese Indian steel units will be in focus at the international technical meet of Sino-Indian Steel Plant Equipment Manufacturers and Suppliers (SIEMS) 2008 that starts here Wednesday.

Saturday, April 12, 2008 1:21:38 PM

Depositors of liquidated Uttar Pradesh bank to get relief
Lucknow, April 12 (IANS) The seven-year-old agonising wait of depositors of the liquidated City Cooperative Bank appears to be coming to an end with the official announcement that payments up to Rs.100,000 would be released to each.

Saturday, April 12, 2008 1:09:45 PM

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