With the launch of the Indian Premier League (IPL), sports as business has arrived in India, like in the United States and Europe. According to estimates, trade in sports-related activities is five percent or more of world trade. In India it is cricket for now that is flush with entrepreneurial money but with time we may see the same phenomenon in other sports such as hockey and football.
Saturday, May 17, 2008 7:39:46 AM
Kolkata, May 16 (IANS) Algerian Ambassador Noureddine Bardad-Daidj Friday said that the public sector Gas Authority of India Ltd (Gail) may be part of the $13-billion Trans-Sahara gas pipeline project.
Friday, May 16, 2008 11:16:51 PM
Bhubaneswar May 16 (IANS) Sounding an optimistic note on the stalled steel plant projects of South Korean steel major Posco and the Tata Group in Orissa, union Steel Secretary R.S. Pandey Friday said the projects may start by the end of June.
Friday, May 16, 2008 11:05:10 PM
Bangalore, May 16 (IANS) Top corporate heads Friday strongly opposed the closure of Bangalore city airport May 23 when the new international airport is set to commence operations from Devanahalli, about 40 km from India's silicon hub.
Friday, May 16, 2008 10:15:35 PM
Jaipur, May 16 (IANS) Japan's Otsuka Chemical Friday announced the commencement of its Rs.1.5 billion pharma-based chemical unit manufacturing facility near here.
Friday, May 16, 2008 9:17:36 PM
New Delhi, May 16 (IANS) Rural Development Minister Raghuvansh Prasad Singh Friday called for using the centre flagship rural job scheme as a tool to eradicate poverty from the country by 2015.
Friday, May 16, 2008 8:38:06 PM
New Delhi, May 16 (IANS) Finance Minister P. Chidambaram, on the recommendation of Foreign Investment Promotion Board (FIPB), Friday approved 18 FDI proposals totalling Rs.18.20 billion, a ministry statement here said.
Friday, May 16, 2008 8:35:03 PM
New Delhi, May 16 (IANS) India and China Friday took another step to expand their economic ties by agreeing to cooperate in the financial sector through government agencies, private institutions and banks.
Friday, May 16, 2008 7:52:40 PM
New Delhi, May 16 (IANS) Advising against cartelisation, Finance Minister P. Chidambaram Friday called upon the industry players to contribute towards sustaining the country's inclusive growth.
Friday, May 16, 2008 7:08:28 PM
New Delhi, May 16 (IANS) India's annual inflation rate rose to a three-and-a-half-year high of 7.83 percent for the week ended May 3, up from 7.61 percent in the week before. Finance Minister P. Chidambaram admitted the development was 'worrying' but counselled patience.
Friday, May 16, 2008 6:36:36 PM
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