The Hindu Business Line : Saturday, March 14, 2009

Unilever steps up drive to cut costs at global level
Our Indian market is growing 5%; we will extend brands: CEO. Mumbai, March 13 Consumer goods major Unilever Group has stepped up its cost cutting drive at the global level, with more focus on protecting cash flows, to ...

Govt asks IPL to rework schedules
Eight States raise security concerns. New Delhi/Mumbai, March 13 The Ministry of Home Affairs has bowled the Indian Premier League (IPL) another ...

(From left) Mr S.K. Garg,... Sensex makes highest one-day gain in 3 months
Mumbai, March 13 Sensex on Friday recorded its highest single-day point gain (413 points) in three months, pushed up by short covering and institutional ...

February halts airlines’ descent
More passengers than in January, but fewer still over 2008. New Delhi, March 13 The combination of downturn in the economy and relatively high airfares continues to plague the domestic ...

Satyam gets over 100 applications
Hyderabad/New Delhi, March 13 The Satyam Computer Services’ call for registrations for the bidding process has received an overwhelming response, with over 100 requests coming in from India ...

Protectionist tide to slow recovery, says World Bank
New Delhi, March 13 Global Gross Domestic Product (GDP) will decline this year for the first time since World War II. Protectionism remains a serious threat in the current environment of sharp global ...

Spice Corp, L&T get ready with expert teams
Hyderabad, March 13 Even as the Satyam Computer Services board is in the process of sending Request for Proposals (RFPs) to the registered entities, serious contenders such as L&T, Spice Corp and Tech Mahindra are getting ready with ...

Aviation cos leave lease rental exposures unhedged
Costs escalate due to sharp depreciation in the rupee. Bangalore, March 13 Aviation companies have left their lease rental exposures unhedged despite the sharp 30 per cent exchange rate depreciation since the beginning of this ...

DTH operators to give 15-day notice for removing channels from package
Users can suspend connections for up to 3 full months. New Delhi, March 13 Direct-to-Home (DTH) operators will now be obliged to give a 15-day notice before removing any channel from a package. They would have to replace the channel with a ...

‘Invest in infrastructure to combat meltdown’
Turn crisis into opportunity, says World Bank economist. Mumbai, March 13 India can turn the current gloomy economic scenario into an opportunity by investing in infrastructure projects, aimed at removing bottlenecks, to create demand, generate ...

Rains soon for Maharashtra, Andhra Pradesh
Thiruvananthapuram, March 13 Stray moisture continued to be dumped as cloud-bursts over Kerala and a few places over interior Tamil Nadu and south interior Karnataka through ...

Markets this week(Latest Audio:English)
Banks, FMCG and realty stocks came under heavy selling pressure on Monday as FIIs continue to offload their holdings. The benchmark Sensex and Nifty fell close to two per cent as the weak Asian markets and the two day local holidays ahead ...