Business Daily from THE HINDU group of publications
Saturday, September 08, 2007
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BPL Mobile joins rush for telecom licences
DoT receives 145 applications from 11 companies More

Gold prices surge on global cues
‘Dip in demand temporary’ More

Ericsson bags BSNL’s $1.3-b cellular contract
New Delhi, Sept. 7 BSNL today awarded a $1.3-billion contract to Ericsson for supply of cellular infrastructure to support 13.1 million subscribers.The move paves the way for BSNL to expand its network, which has been facing severe ... More

Stock options on cards for AI, Indian staff
$120-150 b investment likely in aviation sector More

Foreign banks looking beyond metros
Nudging from Reserve Bank More

Domestic air fares set for hike
New Delhi, Sept. 7 Domestic air travel will cost more in the coming days. While the largest private domestic carrier, Jet Airways, has revised its fares upwards, Indian is to increase fares from September 10.Jet Airways in a statement ... More

Inflation rate drops on cheaper non-food items
Wholesale Price Index of all commodities down to 224.5 More

‘Banks cautious on weak borrowers as NPAs rise’
Wharton resource centre quotes data on provisioning in Q1 More

Hyundai plans overseas component supply from India
New Delhi, Sept. 7 Hyundai Motors India Ltd plans to source auto components from its Indian vendors to supply to its overseas manufacturing facilities.“We want to allow our Indian component vendors to participate in bidding for ... More

Govt may be compelled to raise petrol, diesel prices
Fallout of surge in international crude prices More

TCS plans 3rd centre in China; to hire 4,000 more
Bangalore Sept. 7 Tata Consultancy Services (TCS) plans to set up its third development centre in China by the end of current financial year to support its growing clientele in the local market and also the global customers in that ... More

HCL Technologies steps into dragon land
Dalian (China), Sept. 7 HCL Technologies is the latest Indian IT heavyweight to set shop on Chinese shores. The company is close to finalising three collaborations with local Chinese partners in the fields of enterprise software, engineering ... More

Indirect foreign holding: New computing method on cards
New Delhi, Sept. 7 A rejig in the method of calculating indirect foreign holding in Indian companies attracting foreign equity cap is on the cards, with the Department of Industrial Policy and Promotion (DIPP) mooting a new methodology that ... More

Kharif acreage up despite dry spell across North
Coverage of most crops rises on remunerative prices More

Diversified equity funds close to 52-week peaks
Top players well exposed to large cap stocks More

Dev Anand’s The Guide set to regain lustre
Digital colour treatment by Goldstone Technologies More

Monsoon carries surplus into Sept
Thiruvananthapuram, Sep. 7 The southwest monsoon has retained the 2 per cent surplus as on Wednesday (September 5) carried over from the previous week even as forecasts seemed to affirm that the withdrawal process would be set in motion after ... More


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