Business Daily from THE HINDU group of publications
Saturday, April 14, 2007
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Infosys Q4 net rises 70% on new clients, higher fees
Full year net up 56%; lower earnings forecast for 2007-08 More

Nilekani passes CEO baton to Kris
Continuing with the tradition of passing the baton to the generation next, Mr Nandan Nilekani has stepped aside as CEO and Managing Director in favour of the Co-founder and COO, Mr S. Gopalakrishnan. After steering Infy for over five years as ... More

Infosys expects margins to remain stable
Europe biz brisk; no hit from US mortgage meltdown More

Infy to hire 24,500 more; salary hikes up to 15 %
Infosys plans to add 24,500 employees in FY 2007-08, of which 65-70 per cent would be campus recruits, said Mr T.V. Mohandas Pai, Head of Human Resources, Education and Research. About 6,700 employees would be added by the April-June quarter. ... More

Forex leaps over $200-b mark
Strong dollar inflow likely to sustain More

`$200 b forex no reason to rejoice'
`Letting rupee appreciate may help tackle problem of plenty' More

Alcan parts ways with Hindalco
Offloading stake in Utkal Alumina; Birlas may exercise first right of refusal More

Inflation rate dips to 5.74% on cheaper mineral, food items
First time in 11 weeks it fell below 6% More

ICRA surges on trading debut
The stock of credit rating agency ICRA Ltd made its debut on the NSE at Rs 540, at a premium of 63.6 per cent against issue price of Rs 330 per share. It touched an intra-day high of Rs 870 before closing at Rs 803.25. ICRA provides ... More

Crude basket up marginally
Upward movement in international crude price saw the country's crude basket go up by seven cents to $65.86 a barrel on Thursday. The crude basket in April swung from a high of $66.26 on April 5 to a low of $64.94 on April 10. The Indian ... More

TRAI mandates open access to cable landing stations
Move to benefit new entrants in ILD More

India will export mangoes, import motorbikes from US
"The good news is that our mangoes are going to America and Harley Davidson is coming here." More

PM seeks expert opinion on NTPC's equipment foray
Shortfall of 10th Plan generation capacity More

Textile exporters' concern over hardening rupee
Export of textiles and clothing from India to major markets is sliding on account of strong rupee. The worried textile exporters have urged the Central Government to intervene so that the country does not lose its share in the world textile ... More

`World's first nano-material based water filter'
IIT-Madras is just about to release a water purifier using nanotechnology. "Technology used in the product is the very first and is home-grown. No nanoparticle based water filter exists in the world as of now," says Dr T. Pradeep, Professor in ... More

Maharashtra announces sugar export subsidy
Rs 1,000/t relief package applicable this financial year More

Who is the real winner of Jet-Air Sahara deal?
Has Jet Airways picked up Air Sahara at a bargain price or is the asking price the same as agreed in January 2006 when the deal was inked initially? Sources told Business Line that two clauses in the agreement - the adjustment in the ... More

Now SIP for just Rs 50 thanks to ICICI Pru AMC
The competition in the mutual fund industry is getting hotter with ICICI Prudential Asset Management Company offering Rs 50 per month as the minimum investment amount in its Systematic Investment Plan (SIP). That will make it the lowest in the ... More

Stubborn `low' could hinder heating of landmass
Shows an inclination to move south-southeast of Lanka More


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