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India Business Update
You are here : Moneycontrol » India Business Update
by PTI | 9th-Feb-10 18:37
Dollar selling by exporters and gains in the local equities market today helped the Indian rupee recover by 16 paise against the US dollar, snapping its three-session of losses.
by PTI | 9th-Feb-10 18:29
The Indian auto industry\'s record breaking sales in January could have been much better had it not been for supply constraints of key components, mainly that of tyres.
by Correspondent | 9th-Feb-10 17:09
Fearing widespread unrest, the Government of India on Tuesday decided to impose a "moratorium" on the release of Bt Brinjal in the country.
by Ashwin Mohan | 8th-Feb-10 19:35
Sources tell CNBC-TV18 that Income Tax (I-T) department has granted Vodafone an extension of six weeks for additional clarification regarding the tax case which it is contesting against the former.
by NewsWire 18 | 8th-Feb-10 19:23
The Supreme Court today stayed for two weeks the operation of an order of the Customs and Central Excise Appellate Tribunal by which Mahindra & Mahindra Ltd had been ordered to pay Rs 216 crore rupees in central excise duty on their "Commander" jeep model.
by Correspondent | 8th-Feb-10 19:18
Market regulator Sebi has formed a committee to review the functional basis of various intermediaries in the market
by PTI | 8th-Feb-10 19:15
State-run BSNL and MTNL are readying their infrastructure networks fast for implementing MNP as the March 31 deadline draws closer.
by PTI | 8th-Feb-10 19:08
The Delhi High court today said all licenses for city gas distribution network would be cleared by the central government and not by sector regulator Petroleum and Natural Gas Regulatory Board (PNGRB).
by PTI | 8th-Feb-10 19:04
Road Transport Minister Kamal Nath today revised the ambitious target of achieving 20km of highway construction per day to June, from the earlier set deadline of March.
by PTI | 8th-Feb-10 19:03
German luxury sports carmaker Porsche is gearing up to bring into India its latest offering, the 911 series, which could be priced between Rs 1.87 crore and Rs 2.04 crore in the country.
by Appaji Reddem | 8th-Feb-10 19:00
CNBC-TV18 learns from sources that Pharma major Dr Reddy’s will be putting work on its 250 acre Hyderabad Special Economic Zone (SEZ) on hold.
by Siddharth Zarabi | 8th-Feb-10 18:33
Sources say that SAIL may issue bonus shares before its FPO. The government has suggested this bonus issue, and the SAIL management is working towards finalizing this plan.
by PTI | 8th-Feb-10 18:24
Apparel house Raymond today said it is aiming to increase revenue from retail business by up to 40% in two years from the current Rs 1,000 crore, for which it will add more stores in smaller towns.
by Siddharth Zarabi | 5th-Feb-10 19:18
The visas for Chinese power workers may further be hiked, from 40 to 50. The government recently doubled the visas to 40 for Chinese workers, and now is planning to grant 50 visas for 1200 MW projects.
by PTI | 5th-Feb-10 18:53
Prosecution can prove culpability of Satyam founder Ramalinga Raju and those allegedly involved in the multi-crore accounting fraud on grounds already established and need not wait for reports from the Enforcement Directorate (ED) and US\' Internal Revenue Service, Union Corporate Affairs Minister Salman Khurshid said today.
by Siddharth Zarabi | 5th-Feb-10 18:47
CNBC-TV18 learns from sources that exports from Special Economic Zones (SEZ) have risen 127% YoY In Apr-Dec 2009 at Rs 1,51,785 cr.
by Sajeet Manghat & Business Standard | 5th-Feb-10 18:39
Sources say that private equity firm TPG is eyeing for a majority stake in Vishal Retail. It is said to have given its proposal to the CDR committee of the company.
by PTI | 5th-Feb-10 18:18
The Indian rupee today plunged by 48 paise to 5-week low of 46.73/74 against the US dollar amid the US currency surging to a fresh high level against its rival euro in the overseas foreign exchange market.
by PTI | 5th-Feb-10 18:09
Prime Minister Manmohan Singh has asked the Department of Telecom to refer the controversial BSNL tender issue to the Sam Pitroda committee for urgent consideration.
by Siddharth Zarabi | 5th-Feb-10 17:57
CNBC TV18 learns that the NMDC FPO is likely in the second week of March.


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