Sunday, July 1, 2012

‘Reforms must for change in investor mood’

‘Reforms must for change in investor mood’


‘Reforms must for change in investor mood’

Posted: 01 Jul 2012 04:12 PM PDT

Signalling the change of hands in the finance ministry, Montek Ahluwalia, deputy chairman of the Planning Commission, flagged FDI rule changes and legislative reforms such as banking laws amendment and removing bottlenecks such as fuel supply as items of "highest priority for purposes of getting a quick change of investor mood".


Still time to sow kharif crop: Agricultural experts

Posted: 01 Jul 2012 12:46 PM PDT

The monsoon has logged a deficit in two months — blamed by the Met department on tropical storms — but agricultural experts say there is still time for farmers to sow the kharif crop.


Govt revs up for car-recall policy

Posted: 01 Jul 2012 12:24 PM PDT

The government is planning a mandatory policy on car recalls as the auto industry seems reluctant to accept any penalty or make companies compulsorily announce defects in vehicles.


Govt revs up for car-recall policy

Posted: 01 Jul 2012 12:24 PM PDT

The government is planning a mandatory policy on car recalls as the auto industry seems reluctant to accept any penalty or make companies compulsorily announce defects in vehicles.

Samsung’s Nexus barred from US

Posted: 01 Jul 2012 12:10 PM PDT

Samsung Electronics, the world's biggest maker of mobile phones, was barred from selling its Galaxy Nexus smartphone in the US by a second court ruling this week in its global patent dispute with Apple.


Service tax to make life costlier

Posted: 01 Jul 2012 12:04 PM PDT

If you were worrying about the rising cost of most food products and higher school fees, there is more reason to worry as life just got a little more expensive from Sunday thanks to the introduction of service tax on several new products.


Banks, AAI turn heat on Kingfisher Airlines

Posted: 01 Jul 2012 12:02 PM PDT

Vijay Mallya-promoted Kingfisher Airlines is facing fresh pressure from lenders and airport authorities who are keen to protect their dues from the beleaguered private carrier.

Banks, AAI turn heat on Kingfisher Airlines

Posted: 01 Jul 2012 12:02 PM PDT

Vijay Mallya-promoted Kingfisher Airlines is facing fresh pressure from lenders and airport authorities who are keen to protect their dues from the beleaguered private carrier.


Air India strike is second longest in aviation industry

Posted: 01 Jul 2012 07:10 AM PDT

The strike by a section of Air India pilots will Monday enter the 57th day, to attain the notorious distinction of becoming the second longest strike in the country's aviation history.


Gems, jewellery exports decline 12% in May

Posted: 30 Jun 2012 11:57 PM PDT

Gems and jewellery exports declined by 12 per cent year-on-year to $3.2 billion in May on account of weak demand in major markets like Europe.


Rockland to invest Rs 600cr to open 2 hospitals,add 1,100 beds

Posted: 30 Jun 2012 10:52 PM PDT

Rockland Hospitals will invest nearly Rs 600 crore to open two multi-speciality hospitals and add 1,100 beds in next three years.


Re may recoup to 54-54.50 level this week: Experts

Posted: 30 Jun 2012 10:50 PM PDT

The rupee, which recorded its biggest single-day gain in three years on Friday, may recoup to 54-54.50 level against the dollar this week on the back of positive outcomes from Euro summit along with improved domestic sentiment, say experts.


Top nine sensex companies add Rs 46,869cr

Posted: 30 Jun 2012 10:18 PM PDT

Bharti Airtel was the only one in top-10 that saw slump in m-cap for the trading week ended on Friday.


China manufacturing falls to seven-month low

Posted: 30 Jun 2012 09:44 PM PDT

China's manufacturing activity fell to a seven-month low in June, official figures showed on Sunday, despite government efforts to arrest a slowdown in the world's second largest economy.


Oil companies cut jet fuel prices by 2%

Posted: 30 Jun 2012 07:46 AM PDT

In the second major relief to cash-strapped airlines this month, jet fuel (ATF) prices were today cut by about 2%.

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