Wednesday, October 6, 2010

Aditya Puri is ET biz leader of the year

Aditya Puri is ET biz leader of the year

Aditya Puri is ET biz leader of the year

Posted: 06 Oct 2010 02:16 PM PDT

An eight-member jury, chaired by Stephen Schwarzman, chairman, CEO & co-founder of Blackstone Group, announced the winners of the Economic Times Awards for Corporate Excellence 2010.

Rupee appreciates by 16 paise against dollar

Posted: 06 Oct 2010 09:08 PM PDT

The rupee appreciated by 16 paise to Rs 44.33 against the US dollar at the Interbank Foreign Exchange market in the morning trade today on sustained FII inflows into equity markets.

Detergent prices may rise on duty fears

Posted: 06 Oct 2010 05:54 PM PDT

The Rs 12,000-crore detergent industry, teeming with as many as 1,000 brands, is in a bit of a quandary . Even while prices of soda ash are on the rise, there is a move to impose an anti-dumping duty on the detergent raw material, leading to fears of an increase in detergent prices.

Cairn chief to meet Deora today for Vedanta nod

Posted: 06 Oct 2010 05:56 PM PDT

Cairn Energy CEO Bill Gammell is scheduled to meet oil minister Murli Deora here on Thursday to get Indian government's approval for its proposed stake sale in Cairn India to Anil Agarwal-promoted Vedanta Resources.

With Oberoi, real estate IPO buzz returns on D-Street

Posted: 06 Oct 2010 05:52 PM PDT

After a lull of a few months, realty companies are back on IPO street. While Oberoi Realty opened its maiden offering, estimated to raise about Rs 1,000 crore, on Wednesday, a few more are waiting to tap investors.

Coke taps local art to add fizz this Diwali

Posted: 06 Oct 2010 05:50 PM PDT

In perhaps the first-ever instance of an international brand leveraging traditional heritage, Coca-Cola is promoting an ancient Indian art form to drive home its global message of optimism and celebration in one of its largest campaigns this year.

India to grow at 9.7% in 2010: IMF

Posted: 06 Oct 2010 02:16 AM PDT

The International Monetary Fund has projected the Indian economy will grow by 9.7 per cent in 2010 and 8.4 per cent in the next fiscal, driven by robust industrial production and macro-economic performance.

Rupee closes 19 paise higher against dollar

Posted: 06 Oct 2010 08:43 AM PDT

The rupee closed higher by 19 paise at 44.49/50 against the US currency after fag-end demand for dollar from importers trimmed its sharp gains in early trade.

General Electric to acquire Dresser for $3 billion

Posted: 06 Oct 2010 07:14 AM PDT

General Electric Co. on Wednesday signed a deal to buy Dresser Inc. for about $3 billion, its latest deal to expand its product offerings in gas and other energy markets.

Sensex scales 33-month high on FIIs inflow

Posted: 06 Oct 2010 03:56 AM PDT

The Bombay Stock Exchange benchmark Sensex on Wednesday scaled to a fresh high level in 33-month on strong foreign fund's inflow on optimism of encouraging quarter earnings by corporates.

Rupee appreciates by 16 paise against dollar in early trade

Posted: 06 Oct 2010 09:08 PM PDT

The rupee appreciated by 16 paise to Rs 44.33 against the US dollar at the Interbank Foreign Exchange market in the morning trade today on sustained FII inflows into equity markets.

'Don't put pressure to revalue yuan'

Posted: 06 Oct 2010 06:14 PM PDT

Chinese Premier Wen Jiabao told EU on Wednesday to stop piling pressure on Beijing to revalue yuan, saying a rapid shift could unleash disastrous social turmoil.
Posted by Harshad at 9:22 PM

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