Business News

Last updated: Friday, October 31, 2014 11:56:19 PM

Rabobank launches PE fund to boost Indian agribusiness
New Delhi, July 18, 2008(IANS) Rabobank Group, International Finance Corporation (IFC), Finance for Development (FMO) and Deutsche Investitions und Entwicklungsgesellschaft (DEG) Friday announced flotation of the first private equity fund focused on investing in agribusinesses in India.

Friday, July 18, 2008 7:53:06 PM

Climate change insurance, carbon taxation suggested
Kolkata, July 18 (IANS) With industrial activities leading to continuous increase in the greenhouse gas (GHG) emission level and subsequent climate change, the government needs to introduce a long-term National Carbon Budgeting for each industrial sector, a survey report of an industry lobby here Friday said.

Friday, July 18, 2008 6:56:46 PM

Tamil Nadu to schedule power cuts from Monday
Chennai, July 18 (IANS) Come Monday, scheduled power cuts will replace unscheduled cuts across Tamil Nadu, Arcot N. Veerasamy, the state's electricity minister said here Friday.

Friday, July 18, 2008 6:21:21 PM

Multi Commodity Exchange launches Gujarati website
Mumbai, July 18 (IANS) The Multi Commodity Exchange of India Ltd (MCX) Friday launched its Gujarati website here with a view to popularize commodity futures market among traders, investors and farmers in Gujarat.

Friday, July 18, 2008 6:20:19 PM

Exim Bank to raise Rs.170 bn this fiscal
Kolkata, July 18 (IANS) The Export Import Bank of India (Exim Bank) plans to raise Rs.170 billion this financial year, a top company official said here Friday.

Friday, July 18, 2008 6:02:07 PM

Bank of India to raise $1.84 bn via bonds
Mumbai, July 18 (IANS) The state-owned Bank of India (BoI) will raise $1.84 billion (Rs.73.6 billion) from bonds to meet its capital requirement and credit growth, it said Friday.

Friday, July 18, 2008 5:47:04 PM

Satyam's net profit up 45 percent
Hyderabad, July 18 (IANS) Satyam Computer Services, India's fourth largest software and IT services exporter, announced Friday a net profit of Rs.5.48 billion for the first quarter ended June 30, registering a growth of 45 per cent over the corresponding period last year.

Friday, July 18, 2008 5:04:13 PM

Spiralling oil prices causing uncertainty in BPO: Premji
Bangalore, July 18 (IANS) With oil prices spiralling out of control, the IT services business in India is facing a lot of uncertainty and is operating in a challenging environment, Wipro Ltd chairman Azim Premji said here Friday.

Friday, July 18, 2008 4:56:41 PM

Equity markets rise for second day in a row
Mumbai, July 18 (IANS) Indian equity markets continued their rally Friday and closed the trading week with hefty gains. Banking, realty and oil stocks led the winning rally. Except IT and metal all the sectoral indices ended the day in the green.

Friday, July 18, 2008 4:44:25 PM

Sensex closes 523 points up
Mumbai, July 18 (IANS) Indian equity markets closed with a huge gain Friday.

Friday, July 18, 2008 4:18:11 PM

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