India Business News

Fri, 29 Aug 2008
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Cabinet approves tabling new companies bill in parliament

The cabinet Friday approved the introduction of the Companies Bill 2008 in the coming session of parliament, to replace the existing Companies Act, 1956.

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Centre will not intervene in Singur standoff

Even as the standoff persists over the Tata Motors' Nano car project in Singur, the central government Friday made it clear that it will not intervene in the issue and underlined the need for "balancing investment and justice'.

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India's economic growth dips to 7.9 percent

India's economic growth slipped to 7.9 percent during the first quarter of this fiscal from 9.2 percent for the corresponding period of the previous year amid concerns over the impact of central bank's tight monetary policy.

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Veterans slog to save dying crafts of India

Obaidur Rehman is 66 and suffers from a recurring eye problem. Gendilal is six years older. The two, like many others of their age, have a link - work long hours, not only to earn their livelihoods but to keep India's traditional crafts alive.

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Equity markets stay in the green early afternoon

Indian equitiy markets stayed in the green early Friday afternoon. There was buying interest in realty, banking and oil and gas stocks.

Thu, 28 Aug 2008
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3G spectrum auction to end by October-end

The government Thursday said the auction for allotment of 3G spectrum will end by October-end, while services will roll out before 2009.

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Public transport declared essential service in Madhya Pradesh

The Madhya Pradesh government late Wednesday brought private bus operators under the provisions of the Essential Services Maintenance Act (ESMA) after they resorted to an indefinite strike which revoked little response.

Wed, 27 Aug 2008
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Drip by drip, farmers grow more in Rajasthan's vegetable basket

Farmers in this vegetable-growing oasis amid Rajasthan's semi-desert scrubland are improving yields from their farms, thanks to drip irrigation and financial help from a soft drinks major.

Tue, 26 Aug 2008
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Foundation laid for 1,500 MW plants in Chhattisgarh

Chhattisgarh Chief Minister Raman Singh Tuesday laid foundation stones for two power plants of 1,500 MW at industrial city Korba.

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Equity markets stay in the red early afternoon

Indian equity markets stayed in the red early Tuesday afternoon, with selling pressure on realty, oil and gas and metal stocks.

Mon, 25 Aug 2008
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Bihar most congested telecom circle, says TRAI

Bihar has emerged as the most congested telecom circle, the industry watchdog said here Monday.

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Apple fest to attract tourists to Himachal Pradesh

The Himachal Pradesh government will organise an apple festival at popular tourist destination Manali Aug 26-28 to attract more tourists to the state, a senior official said Monday.

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Chidambaram to ask LIC to save Chennai's heritage building

A 19th century heritage building in Chennai has found a saviour in Finance Minister P. Chidambaram.

Sun, 24 Aug 2008
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It's oversized bags for the day, clutches for the evening

When it comes to daywear, bigger bags are definitely better in terms of styles and colours, but elegant clutches are the perfect accompaniment for that special evening.

Sat, 23 Aug 2008
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Security beefed up at Tata's Nano plant site

Security arrangements around Tata Motors' Nano project site at Singur have been strengthened ahead of an indefinite agitation against the project from Sunday. Group chairman Ratan Tata has said the plant would be shifted out of West Bengal if the security of employees could not be assured.