Business News

Last updated: Monday, May 25, 2015 9:52:12 AM

Japan's DoCoMo makes open offer for Tata's telecom firm
New Delhi, Nov 14 (IANS) Leading Japanese mobile phone operator NTT DoCoMo Friday made a Rs.9.49 billion ($194 million) open offer for 20 percent of the outstanding equity of Tata Teleservices Maharashtra, a part of the $62-billion Tata group.

Friday, November 14, 2008 6:50:04 PM

Consumer goods firms cutting costs to lather up profits
Chennai, Nov 14 (IANS) Though the economic downslide has not really affected fast moving consumer goods (FMCG) manufacturers so far, two city-based companies - Henkel India and CavinKare - have started cutting costs to stay fit.

Friday, November 14, 2008 6:21:58 PM

Allowing foreign firms to trade in secondary market opposed
New Delhi, Nov 14 (IANS) Allowing foreign companies to trade in the Indian stock markets could lead to hostile takeovers, an industry lobby said here Friday.

Friday, November 14, 2008 5:45:23 PM

Delhi Metro starts trial run on new stretch
New Delhi, Nov 14 (IANS) The Delhi Metro Friday began a five-week trial run between Delhi University and Jahangirpuri in north Delhi, covering a distance of more than six kilometres.

Friday, November 14, 2008 5:43:26 PM

Paswan seeks 10 percent import duty on steel
New Delhi, Nov 14 (IANS) Steel Minister Ram Vilas Paswan has sought a 10-percent import duty on the commodity to provide level playing field to domestic firms that are reeling under the twin pressures of lower demand and falling global prices.

Friday, November 14, 2008 5:41:48 PM

'India-Brazil trade growing but lopsided'
New Delhi, Nov 14 (IANS) Although bilateral trade between India and Brazil has increased over the years, it is highly lopsided, a senior government official said here Friday.

Friday, November 14, 2008 5:27:33 PM

Equities end red, key index down 150 points
Mumbai, Nov 14 (IANS) Despite opening strong, Indian equities markets shed values once again Friday on weak global cues and a key index finished with losses of more than 150 points.

Friday, November 14, 2008 5:25:24 PM

World Economic Forum's India summit to discuss global meltdown
New Delhi, Nov 14 (IANS) Nearly 700 participants from 35 countries will discuss how India's future growth can be secured despite the global economic and financial crisis at the Davos-based World Economic Forum's 24th India Economic Summit here Nov 16-18.

Friday, November 14, 2008 4:40:32 PM

Sensex ends 150 points in the red
Mumbai, Nov 14 (IANS) Despite opening strong, Indian equities markets fell once again Friday on weak global cues and a key index finished with losses of more than 150 points.

Friday, November 14, 2008 4:25:54 PM

British company faces protest in Orissa's Kalahandi
Bhubaneswar, Nov 14 (IANS) Hundreds of people, mostly tribals, Friday staged a protest and blocked roads in Orissa's Kalahandi district against British company Vedanta Resources for allegedly not taking care of local interest after setting up a refinery in the area, the police said.

Friday, November 14, 2008 4:12:50 PM

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