Tuesday, October 26, 2010

Ratan Tata to host Obama at Taj

Ratan Tata to host Obama at Taj


Ratan Tata to host Obama at Taj

Posted: 26 Oct 2010 06:55 PM PDT

During her visit to Mumbai in July 2009, Hillary Clinton stayed at the Taj to express and lend her support to iconic hotel that was one of the main targets during the 26/11 terror attack.

Job creation tops Obama agenda

Posted: 26 Oct 2010 06:37 PM PDT

US president Barack Obama's forthcoming visit may have strong strategic overtones for India, but for the US side, the focus is one: jobs, jobs and more jobs.

Tata Global buys into US bottler

Posted: 26 Oct 2010 06:50 PM PDT

Two years after Tata Global Beverages sold its 30% interest in US-based Energy Brands (aka Glaceau) to Coca-Cola , the world's second largest branded tea company has now acquired a minority stake in US vitamin water bottler , The Rising Beverage Company, which owns Activate brand.

Come clean, NRN tells SKS & Akula

Posted: 26 Oct 2010 06:40 PM PDT

Infosys founder-chairman N R Narayana Murthy, considered to be flagbearer of corporate governance and shareholders' rights in India, has advised Vikram Akula, the founder & chairman of SKS Microfinance, that it was "best for the (SKS) management and (its) board to be open, honest and fair in all matters dealing with every stakeholder.''

Tech-Mah Q2 net dips 10.8%

Posted: 26 Oct 2010 06:47 PM PDT

IT company Tech Mahindra said on Tuesday that its profit fell by 10.83% to Rs 150.67 crore in the second quarter this fiscal due to a Rs 36.70 crore charge incurred in relation to its shareholding in Satyam.

More disclosures must in related party deals: Sebi

Posted: 26 Oct 2010 06:45 PM PDT

Market regulator Sebi has sought a higher degree of disclosure in related-party transactions and said that there was "scope of improvement" to ensure better corporate governance in firms.

Growth rate to revert to 9% soon: FM

Posted: 26 Oct 2010 03:10 AM PDT

Finance Minister Pranab Mukherjee today exuded confidence that economy would shortly revert to nine per cent growth rate but identified rising prices as a major concern, although inflation has declined to 8.6 per cent from double digits in June.

Air fares set to climb 10% this festive season

Posted: 25 Oct 2010 11:57 PM PDT

Air tickets could get costlier by 5-10% between November and February due to high demand caused by strong financial markets, festive season and good economic growth.

Low demand forces P&G to take Rejoice off the shelves

Posted: 26 Oct 2010 06:42 PM PDT

Procter & Gamble (P&G ) India appears to have taken the focus off its third shampoo, Rejoice, which is touted to be Asia's number one shampoo brand.

Sensex sheds 82 points on profit-booking

Posted: 26 Oct 2010 05:05 AM PDT

Metal and banking stocks were the worst hit, while a rise in consumer durables, automobile and FMCG space cushioned some of the losses.

Rupee declines 14 paise against dollar

Posted: 25 Oct 2010 09:45 PM PDT

The Indian rupee depreciated by 14 paise against the dollar in the early trade today, as the greenback gained against major Asian currencies.

Corporates back to their generous best this Diwali

Posted: 25 Oct 2010 05:16 PM PDT

It's that time of the year when companies become generous. Be it clients or employees, India Inc is playing Santa to celebrate the good times post the economic slowdown with the gifts business reporting huge growth this festive season.

Ratan Tata to host Obama at Taj

Posted: 26 Oct 2010 06:55 PM PDT

During her visit to Mumbai in July 2009, Hillary Clinton stayed at the Taj to express and lend her support to iconic hotel that was one of the main targets during the 26/11 terror attack.

Oil falls on stronger dollar, US supply jump

Posted: 26 Oct 2010 08:32 PM PDT

Oil fell on Wednesday as the dollar strengthened and after an industry report showed a bigger-than-expected gain in US crude inventories last week.

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