COMPANIES & SECTORS


Sharad Matade 14 February 2011
Karnataka has acquired around 800 acres of land near Bellary, out of the required 4,000 acres for ArcelorMittal’s project—for which the steelmaker has already deposited Rs300 crore. The State government expects to procure the rest of the land over the next four to five months Finally, the...

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Moneylife Digital Team 11 February 2011
Company’s Jaguar Land Rover unit, which the company bought from Ford Motor in 2008  is doing particularly well Tata Motors, the country's largest truck and bus maker, on Friday reported a consolidated net profit of Rs2,420 crore for the third quarter ended 31 December 2010, from Rs650 crore in...

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Moneylife Digital Team 10 February 2011
Microsoft India continues to lose top executives, with Ravi Venkatesan, chairman and corporate vice-president, being the latest to resign Software giant Microsoft may have managed to keep its clients for the Windows operating system and MS Office, but the company's Indian unit is finding it...

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Veeresh Malik Veeresh Malik 10 February 2011
The French make some of the best cars and heavy vehicles in the world, but these have simply not made the cut here. Today, again, the French are looking at coming up with something different and they are trying to make India a production base too. So, will Paris reach Indian shores, stores and...

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Sharad Matade 10 February 2011
The chief economist from the ministry of steel feels that the current price movement is due to mere speculation, and raging inflation in the country may reduce demand, which in turn will arrest further rise After hiking prices thrice in just two months, Indian steelmakers may not go in for more...

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Moneylife Digital Team 10 February 2011
The bashing of the top management is actually happening in the bank’s in-house publication. So what is brewing in the organisation? Field staff going against the top brass is something which every organisation witnesses from time-to-time. But when the bashing happens in the in-house...

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Sucheta Dalal Sucheta Dalal 10 February 2011
Anil Ambani may have failed to assess the possible impact of settling a case with SEBI, but the bar itself on Ambani and his four directors from trading in the market for a year is a sham The Ambani brothers have always been credited with an extraordinary ability to influence and control the...

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Munira Dongre 09 February 2011
Missing power targets could be the least of power generation companies’ worries—managing to sell power and securing coal could be bigger issues It is not new for India to miss its power capacity addition targets. Nor is it new for it to miss even targets that have been revised downwards. We...

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Oil prices edged down on Tuesday as transit through the Suez Canal remained unaffected by the political turmoil in Egypt. Read Article...

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Shukti Sarma 07 February 2011
In a major positive development for the Indian TV distribution space, the I&B Ministry has given its approval for the TRAI recommendations and proposed a revised schedule for digitisation of cable distribution in the country The information and broadcasting ministry has accepted the Telecom...

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Sharad Matade 07 February 2011
Even after receiving the clearance from the environment ministry, the challenges before the South Korean steel giant to set up a plant in India are far from over Posco India Pvt Ltd, the unit of South Korean steel giant, is likely to face fresh agitations from activists who say that they are...

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Moneylife Digital Team 07 February 2011
Despite its rapid expansion and big-ticket deals, Gitanjali Gems’ financials and stock movement is nothing to write home about Gitanjali Gems Limited, a manufacturer and retailer of diamonds & jewellery, has been trying to expand its business horizon, with a number of overseas acquisitions and...

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Sharad Matade 07 February 2011
Company’s profit margins have been under pressure on account of surging coking coal prices JSW Steel, India's third largest steel producer, has increased its product prices by around 6%, a senior official of JSW Steel told Moneylife. This is the second price hike by JSW in five weeks and comes...

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Yogesh Sapkale Yogesh Sapkale 04 February 2011
Mobile number portability may not be a game changer for the industry, but it could affect margins of mobile operators trying to lure subscribers with free talk-time The much-touted and awaited mobile number portability (MNP), which allows a subscriber to change the operator while keeping the...

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Shukti Sarma 04 February 2011
The domestic retail sector has the potential to grow to a $260-billion market. But with haphazard planning and bad governance, availability of land has become a big issue Lack of availability of space for retail locations has emerged as a big issue. According to a white paper published by The...

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Shukti Sarma 03 February 2011
In the absence of a macro-economic framework to stabilise prices, experts believe that big retailers can help to arrest prices through competition, while also generating more jobs The debate over foreign direct investment (FDI) in key sectors continues. And at the top of the push cart is the...

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Moneylife Digital Team 03 February 2011
Records good growth across geographies; strong operating performance  New Delhi: Wockhardt Limited has posted a consolidated net profit of Rs141.67 crore for the third quarter ended 31 December 2010. The company had recorded a net loss of Rs181.23 crore in the corresponding period a year ago,...

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Moneylife Digital Team 02 February 2011
 JSW, Essar expected to increase prices too, as coking coal prices continue to climb on reduced supplies State-owned Steel Authority of India (SAIL) has increased the prices of long and flat products by Rs1,000 to Rs3,000 a tonne, effective 1st February, a SAIL dealer in the Western region...

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Moneylife Digital Team 02 February 2011
The CBI has arrested DMK MP and former telecom minister A Raja and his two close associates in the 2G spectrum allocation scam The Central Bureau of Investigation (CBI) on Wednesday arrested former telecom minister A Raja and his two of his associates in connection with funding and allegedly...

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