China, India to drive growth of global ad market |
- China, India to drive growth of global ad market
- Indian pharma firms back price regulation
- Enough liquidity in system: RBI
- Indian Oiltanking, Vopak eye East India Petroleum
- Scotch biggies in high spirits over India play
- Lower running cost fuels diesel car demand
- Big borrowers default on Rs 47Kcr loans
- No diesel deregulation but get used to petrol swing
- FDI row: Left, BJP say FDI in retail helps nobody
- Railways urges govt for re-look at loan plea
- Govt seeks AG's opinion on power projects
- Merkel, Sarkozy demand tough new eurozone pact
- Sensex closes 41pts down on profit-booking
- Gold ends steady in thin trade
- Rupee falls by 24 paise against dollar
- European Central Bank's iPad game to save Euro?
| China, India to drive growth of global ad market Posted: 05 Dec 2011 04:22 PM PST Buoyed by this growth the French advertising conglomerate , owner of agencies like Leo Burnett and Saatchi & Saatchi, is on course to triple its business in India over the next three years, said Jean-Yves Naouri, COO & Executive Chairman of Publicis Worldwide. 
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| Indian pharma firms back price regulation Posted: 05 Dec 2011 04:19 PM PST In what could be a shot in the arm for government , the domestic pharma industry has endorsed price regulation model as suggested in the draft policy, subject to certain exemptions for indigenous research drugs. 
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| Enough liquidity in system: RBI Posted: 05 Dec 2011 04:13 PM PST The Reserve Bank of India has said that there is adequate liquidity in the banking system. The central bank has also indicated that liquidity measures, if any, will have to await the midterm policy review on December 16. 
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| Indian Oiltanking, Vopak eye East India Petroleum Posted: 05 Dec 2011 04:07 PM PST Dutch major Royal Vopak NV is in the fray to acquire East India Petroleum, one of the largest storage service providers for oil and gas on the east coast, after its main shareholder Global Infrastructure Partners (GIP) appointed Kotak Mahindra Capital for a sale. 
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| Scotch biggies in high spirits over India play Posted: 05 Dec 2011 04:03 PM PST Scotch giants have ramped up their faith in India's consumption story with some of their significant brand introductions kicking off from the local market. 
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| Lower running cost fuels diesel car demand Posted: 05 Dec 2011 04:00 PM PST It was diesel all the way for Shailesh Nagraj, an IT company executive, as he went to choose a car for his daily commute of 30 kms, covering a drive to his office and back. 
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| Big borrowers default on Rs 47Kcr loans Posted: 05 Dec 2011 03:01 PM PST Large borrowers, who took loans of Rs 10 crore or more, have defaulted on payments to the tune of Rs 47,000 crore, with banks not even pursuing cases to recover over half the amount. 
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| No diesel deregulation but get used to petrol swing Posted: 05 Dec 2011 02:58 PM PST The government has no plans to decontrol the pricing of diesel or cooking gas since they have a cascading effect on headline prices, minister of state for petroleum R P N Singh said on Monday. 
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| FDI row: Left, BJP say FDI in retail helps nobody Posted: 05 Dec 2011 02:55 PM PST Faced with all-round attack from India Inc for paralyzing functioning of Parliament over government's decision to allow FDI in multi-brand retail, Left and BJP defended their action saying the majority in the country was against it. 
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| Railways urges govt for re-look at loan plea Posted: 05 Dec 2011 02:52 PM PST The finance ministry had turned down the loan request, asking the state-run transporter to meet its liabilities by raising resources. 
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| Govt seeks AG's opinion on power projects Posted: 05 Dec 2011 02:48 PM PST The government had in 2008 changed the pertinent policy to allow promoters of ultra-mega power projects to divert surplus coal from captive mines to other generation units of the company. The changes were made after completion of the bidding process for the Sasan project. 
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| Merkel, Sarkozy demand tough new eurozone pact Posted: 05 Dec 2011 10:34 AM PST France and Germany want a new EU treaty by March with tougher budgetary rules to deal with the eurozone debt crisis, President Nicolas Sarkozy and Chancellor Angela Merkel said Monday. 
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| Sensex closes 41pts down on profit-booking Posted: 05 Dec 2011 03:50 AM PST Snapping 3-day gaining streak, the BSE sensex fell over 41 points today to 16,805.33 in volatile trading as investors booked profits, after strong gains made last week, despite a positive trend in global markets. 
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| Gold ends steady in thin trade Posted: 05 Dec 2011 02:23 AM PST Gold prices held steady at Rs 29,440 per 10 gram on Monday, while silver edged up by Rs 60 to Rs 56,460 per kg on industrial demand. 
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| Rupee falls by 24 paise against dollar Posted: 04 Dec 2011 10:42 PM PST The Indian rupee fell by 24 paise to an early low of Rs 51.44 per US dollar in early trade today on fresh demand for the American currency from banks and corporates on the back of a higher dollar in overseas markets. 
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| European Central Bank's iPad game to save Euro? Posted: 04 Dec 2011 10:11 PM PST In its battle to save Euro, the beleaguered European Central Bank is now inviting the public to take key economic decisions for themselves. 
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