Business news headlines from India and abroad

Reliance, Vodafone, Essar dial Hutch; Maxis, Hindujas join fray
Verizon is likely to face less procedural wrangles if it enters the fight for Hutch. But Vodafone is seen as the front-runner in the financial sweepstakes

Tata-CSN war for Corus intensifies
Bidding war between the Indian and Brazilian steelmakers for the Anglo-Dutch firm may be heading towards guillotine auction.

The Vizhinjam soup
All party meeting in Kerala decides to go for fresh tenders for the Vizhinjam deepwater container hub project.

Wal-Mart comes to India in association with Bharti
Bharti Enterprises and Wal-Mart sign agreement.

India and China to double bilateral trade
It is all bhai-bhai in business between China and India too.

Boost for TAPI gas pipeline project

Pfizer, Novartis flayed for blocking new drugs to poor nations
Oxfam says drug companies blocking rights of developing nations under TRIPS.

British Telecom to hire 6000 for India operations

Renault-Mahindra to set up car manufacturing unit in India
Japanese carmaker Nissan may also join the Renault - Mahindra joint venture.

Kerala to get an 'Impact Budget'
Budget to sport a fresh look in Kerala from next year.

Out-bound Putin hopeful of economic upswing
Putin believes Russia on economic upswing; plans to step down in 2008 when term ends.

Enron's Jeffrey Skilling gets 24 years in jail
Skilling convicted of federal felony charges.

International aviation news archive
Printing press and printing services in Delhi, India
Custom and contract publishing
Top ten vacation spots in Europe
Top ten vacation spots in the USA

Business stories archive 1

Business stories archive 2

High crude price eats into PSU oil companies’ profit

Toonz Academy gets Europe varsity affiliation

RBI may hike interest rates to curb inflation

Virgin Media’s subscriber base up, net losses down

Toronto-Dominion to buy Commerce Bancorp for $8.5 bn

Tatas looks to UK markets for growth

Dabhol plant vicinity to be upgraded

Wipro buys Singapore-based consumer goods firm Unza Holdings

Delhi consumers gets to choose power suppliers

Indian government okays 24 more special economic zones

Wal-Mart, Tesco, Carrefour seeks retail foray in India

BT connects to India

Moment of pride as Tata finally bags Corus

Indian - Air India merger - Aviation minister meets staff

Idea has listing ideas
An IPO is a good idea, feels telecom giant Idea.

Vizhinjam project likely to get rolling

Mild weather leads to fall in international oil prices
Winter lightens up and sees less demand for oil for heating.

Essar delivers fresh blow to Vodafone’s Indian plans
Essar looking for majority stake in Hutchion Essar, say reports.

Indian pharma players unhappy with Centre over price control

India’s move to control drug prices under fire
Serious differences with industry forces the chemicals minister Paswan to put his much-cherished drug price control proposal in the new drug policy on hold.

Sensex zooms to 13K
BSE Sensex touches another high.

Tech funds lead returns chart in December 2006

Capgemini to buy Kanbay for $1.25 bn

896 crore FDI proposals get nod

World Bank booster shot for health projects
WB to give $792 million loan for three health projects and a rural water project.

Zombie zones?
There is need for greater clarity on India's special economic zones.

Manufacturing should do an IT
... so says Vikram S Kirloskar

India -Preferred partner for biotech industry?
Even though India stands behind China in economic growth, it takes the lead over its neighbors in Asian biotech market.

Diwali sets in on Dalal Street

BSE: Up, up and away
The Bombay Stock Exchange Sensitive Index clocked its second highest ever closing in its history.

Chennai airport expansion hits air pocket
Medha Patkar opposes expansion of Chennai airport.

UK to probe security of personal data at Indian call centers
Channel 4 sting on Indian BPOs leads to probe by UK into data security.

Nokia Chennai SEZ attracts more investment

NetXcell draws up big plans for India

Indo-African trade gets a boost

Residential complex at Kochi from Sahara planned

Sam's Choice organic coffee from Wal-mart

NIIT Technologies’ net profit up by 61%

Infosys pulls off 35% net profit growth

Bharti, Wal-Mart closer to retail JV deal

PerkinElmer buys DMA from Triton Technology

Biogenerics legislation underway
NFDA and Senator Orrin Hatch working on law that may allow a fast-track approval system for biologics.

Drug price control may be re-imposed in India
Price control over essential medicines may be back if margins not lowered.

Patent oppositions galore in India’s new IP era
Indian drug companies oppose intellectual property rights to MNCs.

Ranbaxy may move US Supreme Court on Lipitor patent
Ranbaxy may seek review of decision favoring Pfizer.

Reliance Fresh retail supermart opens in Hyderabad
Going retail: Reliance relies on rapid expansion.

Indian - Air India merger opposition increases
Air Corporation Employees term move unilateral.

Reliance to pump $5.2 bn into Krishna Godavari basin
Reliance plans to double its gas output from the Krishna Godavari gas field facility.

Jamnagar fire may ignite LPG shortage, drive up prices
Fire at the Jamnagar facility could result in a shortage and drive up prices for LPG in India.

ICBC IPO debuts with a bang
The Industrial and Commercial Bank of China is the third big state-owned bank to list its shares.

Airbus to ink pact with HAL for $100 million tie up
Aircraft maker to set up maintenance, repair and overhaul (MRO) facility at Nasik in India's western state of Maharashtra.

Book your tickets at the eleventh hour with Srilankan Airlines
SriLankan Airlines is for anybody who gets their bums moving only at the last minute for anything.

New Indian pharma policy almost ready
The new pharma policy for India may send drug prices crashing.

Low fuel prices seen snipping subsidy burden
More funds to be available for reinvestment with low fuel prices, says FM.

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