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Archive for the 'Business And Finance' Category.
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We will do anything to launch Nano: Ratan Tata

Friday, September 5th, 2008

Breaking his silence on the Singur row, Tata Group Chairman Ratan Tata said on Thursday, he is “doing everything possible” to launch Nano car as planned.
He will meet the PM in the evening at 6.30pm as a part of the delegation visiting Siam with him.
Meanwhile, in the run-up to the crucial talks to resolve the […]

Boeing workers back strike; pact extended 2 days

Thursday, September 4th, 2008

Boeing Company aircraft assembly workers voted overwhelmingly to strike for the second time in three years but union leaders agreed to hold off on the walkout for 48 hours at the request of Washington Gov Chris Gregoire and a federal mediator.
The vote late Wednesday was 87 percent in favor of a strike that was to […]

Business Cards for Contact

Thursday, September 4th, 2008

Today’s world has some of the most advanced telecommunications technology available at our fingertips. Unfortunately, this has generally weaved a massive web of information that is hard to present in any coherent matter. Writing down all your possible contact numbers and addresses just makes things awkward and drawn out. Amongst friends, it isn’t a big […]

Heavily Hyped Spore Near Release With Big Expectations

Thursday, September 4th, 2008

Will Spore be the biggest thing to hit the gaming world since Doom? Electronic Arts dearly hopes so. The long-awaited game by Sims creator Will Wright has so much hype surrounding it that anything less than a home run will be a disappointment, say game-industry watchers.
Michael Pachter, an analyst with Wedbush Morgan Securities, told The […]

Jobless claims fall for 3rd straight week

Tuesday, September 2nd, 2008

The number of people signing up for jobless benefits declined last week, the third straight drop from a six-year high reached earlier this month, the government said Thursday.
Applications for unemployment benefits dropped to a seasonally adjusted 425,000, down 10,000 from the previous week, the Labor Department reported. That was a slightly better figure than the […]

Asia-Pacific tops in various telecom sectors: UN report

Monday, September 1st, 2008

The Asia-Pacific region is the world’s largest broadband market with 39 percent of the total, the largest mobile phone market with 1.4 billion subscribers and claims 42 percent of the world’s Internet users, a UN report revealed Monday.
By mid-2008, China and India alone had over 600 and 280 million mobile phone subscribers respectively, representing nearly […]

RITES conducts survey for monorail in Patna

Saturday, August 23rd, 2008

Impressed by the monorail systems he has seen in places like the Sentosa amusement park in Singapore, Railway Minister Lalu Prasad is set to replicate the transport system in his home city Patna as well - and has already got the initial survey conducted by the railways.
On the minister’s directions, the consultancy arm of the […]

Indian construction cos strip assets to raise funds

Friday, August 22nd, 2008

Indian construction firms, eager to raise capital but gripped by soaring interest rates, costly raw material and lower stock valuations, are seeking to sell stakes in infrastructure projects they hold in their books.
Many construction firms, working on infrastructure projects on a Build-Operate-Transfer (BOT) basis, may reboot their business model to raise capital to fund future […]

Large US bank collapse seen ahead

Wednesday, August 20th, 2008

The worst of the global financial crisis is yet to come and a large US bank will fail in the next few months as the world’s biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday.
“The US is not out of the woods. I think the financial crisis is at the […]

Govt to view Chaturvedi panel recommendations

Wednesday, August 20th, 2008

The Government will take a view on recommendations of the B K Chaturvedi Committee in next few months, Petrol Minister Murli Deora said.

We will take a view in due course, he told reporters after brainstorming meeting with oil companies CEOs in New Delhi on Tuesday.
Some of the recommendations like shift in methodology for calculating fuel […]