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Business News

Airports Authority to be converted into a company by 2010


New Delhi, Aug 4 (IANS) The government plans to convert the airport regulator Airports Authority of India (AAI) into a company, a senior aviation ministry official said Tuesday. ...More

Steel projects worth $26 bn pending in Jharkhand: Report


Ranchi, Aug 4 (IANS) Steel projects worth Rs.125,940 crore ($26.4 billion) are hanging in the balance in Jharkhand as the state government is yet to give approvals to them, an ind...More

Sensex slips from 14-month high, ends 109 points lower


Mumbai, Aug 4 (IANS) A day after key market indices across the world touched levels not seen in many months, investors chose to go slow Tuesday, forcing a key index of the Indian ...More


Airtel launches new Blackberry smartphone


New Delhi, Aug 4 (IANS) Telecom major Bharti Airtel Tuesday launched the Blackberry Curve 8520 smartphone on its prepaid and postpaid platforms in collaboration with the manufactu...More

Power to be generated from wheat chipping


Bhopal, Aug 4 (IANS) A Karnataka-based company will set up a bio-gas plant in Madhya Pradesh to produce power from 'bhusa' (wheat chaff) and corn stems. ...More

Assocham advocates greater transparency for realty industry


New Delhi, Aug 4 (IANS) To bring transparency in the realty sector, Associated Chambers of Commerce and Industry of India (Assocham) has suggested that it be made mandatory for re...More


Sensex ends 109 points down


Mumbai, Aug 4 (IANS) A key index of the Indian equities markets closed 109 points lower Tuesday, a day after touching its 14-month high. The 30-scrip sen...More

Lack of rainfall hits Uttar Pradesh plantation drive


Lucknow, Aug 4 (IANS) Dry weather conditions in Uttar Pradesh, where 58 of the total 71 districts have been declared drought-hit, are hampering a sapling plantation drive of the s...More

Sensex volatile, in red before close


Mumbai, Aug 4 (IANS) A key index of the Indian equities markets was trading on a volatile note Tuesday, though in a tightly bound range, and was ruling 111 points in the red about...More

India, Singapore sign joint plan to boost tourism


New Delhi, Aug 4 (IANS) India and Singapore Tuesday signed a joint action plan which, officials said, would help both countries attract more tourists. Ac...More

Sensex slips furter, down 77 points


Mumbai, Aug 4 (IANS) A key index of the Indian stock markets was over 77 points in the red shortly before noon Tuesday. At 11.40 a.m., the 30-scrip bench...More

Sensex slips into red at opening bell


Mumbai, Aug 4 (IANS) A key index of the Indian equities markets slipped into the red soon after opening higher Tuesday and was ruling 54 points down, about five minutes into tradi...More

Bill Clinton to address IIT summit in Chicago


New York, Aug 4 (IANS) Former American President Bill Clinton will be among many top leaders to address the seventh Pan-IIT Global Conference being held in Chicago in October. ...More

PM assures of protecting interest of Kerala's farmers


New Delhi, Aug 3 (IANS) Prime Minister Manmohan Singh Monday assured Kerala that interests of the state farmers will be taken care of after chief minister V.S. Achuthanandan expre...More

Tata Motors reports 18 percent growth in sales


Mumbai, Aug 3 (IANS) July sales of auto major Tata Motors grew 18 percent to 48,054 vehicles as against 40,729 units sold in the year-ago period, the company said Monday. ...More

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