India Business News

Mon, 05 Jan 2009
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Trucks go off roads, food shortages feared

Over six million trucks went off roads across India in the early hours of Monday, a day after talks with the government over their demand to reduce prices of diesel and tyres failed. Traders voiced fears of food shortages as the indefinite strike started.

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Over six million trucks off roads, shortages feared

Over six million trucks went off the roads across India at midnight as transport operators started an indefinite strike to press their demand for cheaper disel and tyres. Traders immediately raised fears of shortages, especially of food.

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Quippo buys 49 percent in Tata Teleservices subsidiary

Quippo Telecom Infrastructure Ltd (QTIL) has picked up a 49 percent stake in Wireless Tata Telecom Infrastructure (WTTL), Tata Teleservices' tower arm, a company official said Monday.

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Air India sacks 10 'overweight' air hostesses

India's flagship carrier Air India has handed 10 air hostesses the pink slip for being overweight.

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Vegetables, commodities' shortages feared as truckers begin strike

With truck operators beginning their nationwide strike, shortage of vegetables and other essential commodities is expected in markets across India.

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Markets open higher, Sensex crosses 10,000

Indian equities markets opened higher Monday, with a key index moving past the psychologically important 10,000-mark after gaining 1.51 percent over its previous close.

Sun, 04 Jan 2009
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India plans to hoist tricolour on moon by 2020

India is planning to hoist the tricolour on the moon by 2020, a space agency official said here Sunday, adding that the country's first manned flight into space was also on cards by 2015.

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Kalam indisposed, cancels Meghalaya visit

Former president A.P.J. Abdul Kalam has cancelled his scheduled visit to Meghalaya to inaugurate the Children's Science Congress for health reasons.

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Kingfisher to launch Mumbai-London flight Monday

Vijay Mallya-led Kingfisher Airlines will launch its daily non-stop Mumbai-London flight from Monday.

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17 flights cancelled, 18 delayed in fog-bound Delhi

Fog continued to play havoc with the air traffic in the capital Sunday, with 18 flights delayed, 17 cancelled and 10 diverted at the Indira Gandhi International (IGI) Airport, officials said.

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Truckers go on indefinite strike from Sunday midnight

Truckers across the country will go on an indefinite strike from Sunday midnight as talks between transporters and government officials failed to yield any results.

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Reliance Communications launches GSM telephony in Mumbai

Telecom operator Reliance Communications (R-Com), belonging to the Reliance Anil Dhirubhai Ambani Group (R-ADAG), Sunday launched its much-awaited GSM mobile telephone services here.

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India will emerge stronger from global meltdown: Assocham

India, along with China, Russia and South Korea, would emerge stronger from the global financial crisis as they enjoy strong economic foundations, higher growth rates and sound monetary policy measures, according to an industry lobby survey.

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Culling starts in West Bengal's bird flu-hit Darjeeling

Authorities in West Bengal Sunday began culling operations in the bird flu-hit Darjeeling and Siliguri subdivisions, officials said.

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Next fiscal will be painful for exports: Ficci

Aggressive pricing by Chinese exporters, coupled with lack of credit flow and cancellation of orders, is crippling India's exports, which may go down further in the first half of 2009, said an industry lobby survey, released here Sunday.