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Business News from Daily India |
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Now, Nano runs into trouble in Gujarat
The ultra-small car Nano, which is being brought out by TATA Motors, is once again in troubled waters in Gujarat after some farmers voiced their discontent over the compensation offered against their land.
RBI Governor says fundamentals of Indian economy continue to be strong
Reserve Bank of India Governor D. Subbarao has said that the fundamentals of the Indian economy continue to be strong.
Buffett moves ahead of Gates to top of Forbes 400 American rich list
Berkshire Hathaway owner Warren Buffet has overtaken close friend Bill Gates to become the richest individual as per the Forbes 400 Richest Americans list.
ICICI welcomes steps to ease credit squeeze
Private sector bank ICICI has welcomed the Reserve Bank of India's (RBI) measures to ease the credit squeeze.
The RBI cut the Cash Reserve Ratio (CRR) by 1.5 percentage points to 7.5 per cent, saying the move would free up around 600 billion Indian rupees in funds.
Third National Conference of CASPI and APDI on Oct 13
The Third National Conference of CAPSI (Central Association of Private Security Industry) and APDI (Association of Private Detectives and Investigators) will be held in Bangalore on October 13.
Congress worried about share market downturn
The Congress party on Friday expressed concern over the downturn in the stock market.
Chidambaram assures adequate funds to stabilize liquidity crunch
Union Finance Minister P Chidambaram on Friday assured the cash-strapped markets that Government will inject more funds into the system within 10-12 days through the supplementary demands for grants.
India-China sign MoU on trade remedy (Update MoU)
India and China on Friday signed a bilateral cooperation to increase cross border trade and lessen the trade gap between the two countries.
Sino-India trade remedy pact inked
India and China have signed a Memorandum of Understanding on trade remedy.
Inflation falls to 11.80 per cent
Riding on the declining prices of food items, including cereals and pulses, inflation fell marginally to 11.80 per cent for the week ended September 27.
Gene Logic and deSciner enter into a partnership to create 'Genomics Gateway'
Gene Logic has entered into a Strategic Alliance with deScinerT Business Network to create an interactive genomics information resource.
Sensex crashes 1,088 pts
The Bombay Stock Exchange (BSE) benchmark Sensex on Friday tumbled by nearly 10 per cent to 10,239.76 in opening trade.
Reserve Bank of India cuts CRR by 150 basis points
The Reserve Bank of India on Friday reduced the Cash Reserve Ratio (CRR) by 150 basis points to 7.5 per cent from 9 per cent.
India ranks 50th in WEF's global competitiveness ranking
India ranked 50th in the latest list of global competitiveness ranking compiled by the World Economic Forum.
UP launches development projects worth Rs 3,000 crore
Uttar Pradesh Chief Minister Mayawati on Thursday launched 158 development projects worth over Rs 3,000 crore in Lucknow during a function, in view of the upcoming Lok Sabha elections.
Malladi drugs and pharmaceuticals to set up global hub in Malaysia
Malladi Drugs and Pharmaceuticals Ltd plans to make substantial investment over the next 3-5 years to set up its global "one-stop shop" in Malaysia.
Cleartrip.com offers great deals for festive season
Cleartrip.com (www.cleartrip.com) has teamed up with HDFC Bank to offer instant 50 per cent cash back on bookings made with HDFC credit cards.
Monster Worldwide completes acquisition of ChinaHR
Monster Worldwide, the parent company of Monster(R), the leading global online careers and recruitment resource, announced that it has completed its acquisition of ChinaHR, creating a leading force in online recruitment in China and across Asia.
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