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In good spirits: Beam Global bets big on India 

5.51 pm | 21 Nov 2009 |  Source: CNBC-TV18

Beam Global Spirits & Wine is a company better known perhaps by its brands. Laphroaig, Teacher’s, Cockburn’s Port, and Canadian Club are just some fro...

Govt plans rice reserve sale in local markets 

4.37 pm | 21 Nov 2009 |  Source: Reuters

India, the world's second biggest rice grower, plans to sell the grain in local markets from reserves to douse fears of shortage caused by the worst m...

Aurobindo Pharma sees $2 bn sales in next 3 years  

4.22 pm | 21 Nov 2009 |  Source: CNBC-TV18

Aurobindo Pharma has inaugurated a Rs 150 crore drug manufacturing plant at its pharma SEZ in Hyderabad. It expects revenues to hit USD 2 billion by 2...

RBI's new forex derivative rule too liberal, say experts 

3.11 pm | 21 Nov 2009 |  Source: CNBC-TV18

The Reserve Bank of India (RBI) has announced draft rules for foreign exchange (forex) derivatives. The majority opinion from bankers, corporates and ...

Interest rates may remain flat till May '10: Deepak Parekh 

12.07 pm | 21 Nov 2009 |  Source: CNBC-TV18

HDFC’s Chairman Deepak Parekh fears that an asset bubble may be in the making....

Bharti Airtel cuts mobile roaming charges 

11.38 am | 21 Nov 2009 |  Source: Reuters

Bharti Airtel, India's top mobile operator, said on Friday it had launched a new bill plan that would reduce mobile roaming rates by nearly 60%....

Bharti Airtel reduces roaming charges to 50 paise/min 

11.26 am | 21 Nov 2009 |  Source: CNBC-TV18

In an interview with CNBC-TV18, Atul Bindal, President, Mobile Services of Bharti Airtel Ltd, spoke about the fairly large sized cut in its roaming ch...

Essar Comm to file revised bond offer doc 

11.11 am | 21 Nov 2009 |  Source: Reuters

The Reserve Bank of India (RBI) has sought a revised offer document from Essar Communication Holdings that details how it plans to use funds raised in...

US electric carmaker Tesla preparing IPO: Sources 

11.00 am | 21 Nov 2009 |  Source: Reuters

US electric sports car maker Tesla Motors plans to go public soon, two sources familiar with the matter said, amid growing interest in green technolog...

GM India will not cede ground in Chinese alliance 

9.52 am | 21 Nov 2009 |  Source: Business Line

President and Managing Director of General Motors India, is categorical that the proposed alliance with SAIC Motor Corporation of China for light truc...

Bharat Hotels to invest Rs 2,300 cr in new properties 

9.33 am | 21 Nov 2009 |  Source: Business Line

Bharat Hotels, the holding company of The Lalit Suri Hospitality Group, will invest nearly Rs 2,300 crore in hotel properties in the next four years. ...

DoT, Defence end stalemate on spectrum  

9.22 am | 21 Nov 2009 |  Source: Business Line

In a move that will allow the Government to auction 3G spectrum for at least four operators in each circle, the Department of Telecom and the Ministry...

Galleon sells its stake in India`s Edelweiss 

7.40 am | 21 Nov 2009 |  Source: Reuters

Hedge fund Galleon, which is winding down its funds after its founder was accused of heading an insider trading ring, has sold its holding in India's ...

India may miss 2009/10 power addition target 

7.40 am | 21 Nov 2009 |  Source: Reuters

India is likely to add only 78 percent of its targetted 14.5 gigawatts power capacity in the 2009/10 financial year ending March, Power Minister Sushi...

Road sector, a good parking lot for investments 

9.35 pm | 20 Nov 2009 |  Source: CNBC-TV18

Union Road Transport and Highways Minister Kamal Nath believes that as long as India remains a good investment destination and in that destination a g...

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