Friday, February 11, 2011

Successful malls now charge more than high street

Successful malls now charge more than high street

Successful malls now charge more than high street

Posted: 11 Feb 2011 05:55 PM PST

The first signs of malls eating into high street shopping is visible. The latter has always had the lead on rentals, but some malls are slowly changing the game.

Tata Motors quarterly net up at 2.4k cr

Posted: 11 Feb 2011 05:39 PM PST

Tata Motors quarterly consolidated profit nearly quadrupled to Rs 2,424 crore compared to Rs 650 crore in the December quarter of 2009-10, boosted by improved performance of its UK unit, Jaguar Land Rover, beating analysts' forecasts.

Nokia, MS team up to counter Google, Apple

Posted: 11 Feb 2011 05:13 PM PST

Nokia, which has struggled to create a rival to Apple's iPhone phenomenon , is now watching smaller competitors like HTC Corp and Motorola hook up their smartphones to Google's Android software and lure customers around the globe.

SP's USP: Family First, Biz Later

Posted: 11 Feb 2011 05:11 PM PST

The patriarch and the chairman of the Hinduja group , 75-year-old Srichand Hinduja's spiritual side is well-chronicled but it's only when you meet this business tycoon that you realize how greatly his theological side influences his business and the group's thinking at large .

Industrial output hits 20-month low in Dec

Posted: 11 Feb 2011 05:00 PM PST

The country's industrial production fell to a 20-month low of 1.6% in December, dragged down by sluggish manufacturing performance but economists said it was not yet time to press the panic button.

Religious trusts team up to oppose DTC

Posted: 11 Feb 2011 02:53 PM PST

The Direct Tax Code has brought together religious trusts across the spectrum. A host of Jain, Parsee, Muslim, Hindu, and Christian trusts have come together under a federation in a fight for survival against a proposal to exempt religious trusts from all exemptions under income and wealth tax could force thousands of these bodies to wind up operations.

Cos fear misuse of health insurance portability

Posted: 11 Feb 2011 02:52 PM PST

The insurance regulator's fiat giving unhappy health insurance customers the option to switch insurers evoked mixed response from companies.

Bank of Israel backs forex intervention

Posted: 11 Feb 2011 02:50 PM PST

The financial crisis has brought more central bankers into fold of those against leaving everything to market forces.

Italy to woo investors from India

Posted: 11 Feb 2011 02:40 PM PST

India is among the seven geographies, that include China, Japan, the US, Israel and the West Asian countries, where Invitalia has been travelling to attract investments into Italy.

Exporters get Rs 500cr sop

Posted: 11 Feb 2011 02:38 PM PST

The government on Friday announced a Rs 500 crore package to help exporters of some sectors which are yet to recover from the slowdown.

Rolls-Royce out of Jaguar re-engining?

Posted: 11 Feb 2011 02:13 PM PST

DefenseNews.com, the website of the Defense News Media Group, reports that Rolls-Royce has pulled out of the contest to re-engine the Indian Air Force's Jaguar strike aircraft.

Health insurers fear misuse of portability

Posted: 11 Feb 2011 01:59 PM PST

The insurance regulator's fiat giving unhappy health insurance customers the option to switch insurers evoked mixed response from the companies.

Govt's revenue from stamp duty, property registration rises

Posted: 11 Feb 2011 07:11 AM PST

Delhi government's revenue collection from stamp duty and registration of properties has surged by a whopping 62% till January this year in comparison to what it earned during the corresponding period last fiscal.

Rupee gains 4 paise against dollar

Posted: 11 Feb 2011 05:13 AM PST

The rupee today recovered by over four paise to close at 45.68/69 against the dollar on alternate bouts of buying and selling.

Sensex bounces back, gains 265 points

Posted: 11 Feb 2011 03:24 AM PST

Ignoring weak industrial production data, the BSE benchmark Sensex bounced back over 265 points today, after three days of sharp decline, to 17,728.61 on buying at lower levels in the recently dumped interest-rate sensitive stocks despite weak global trends.

Shares in Anil Ambani companies recover losses

Posted: 11 Feb 2011 01:42 AM PST

Shares in Anil Ambani-led companies recovered on Friday afternoon after the Reliance ADA Group said it had identified stock brokers sending "baseless sensational charges" against the group.

SC directs Karnataka to permit export of iron ore stuck at ports

Posted: 10 Feb 2011 11:45 PM PST

The Supreme Court today directed the Karnataka government to allow the export of iron ore that has piled up in major ports of the state following the imposition of a ban on overseas shipments to check illegal mining.

IIP fluctuation not to hit GDP growth projection: Montek

Posted: 10 Feb 2011 10:53 PM PST

Sticking to its projection of over 8.5 per cent GDP growth this fiscal, the Planning Commission on Friday said monthly variations in industrial output numbers should not be a cause of concern.

ADAG seeks action against brokers

Posted: 10 Feb 2011 10:34 PM PST

Reliance ADA Group said on Friday it had identified stock brokers sending "baseless sensational charges" against the group through emails, text messages and voice calls and was seeking regulatory investigation against them.

Industrial growth plunges to 1.6% in Dec

Posted: 10 Feb 2011 10:12 PM PST

Industrial growth slowed even further to a dismal 1.6 per cent in December, 2010, from 18 per cent in the same period a year ago due to the poor performance of the manufacturing sector.

Sensex down by 52 points on Asian cues

Posted: 10 Feb 2011 09:39 PM PST

The Sensex was down by 52 points at 1015 hours on Friday after getting off to a good start as negative cues from other Asian bourses dragged the benchmark index of the Bombay Stock Exchange down.
Posted by Harshad at 9:22 PM

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