The Hindu Business Line : Saturday, September 04, 2010

SpiceJet's $2.7-b fleet expansion cleared for take off
Delhi based low-cost airline SpiceJet has been given in-principle approval by a Government committee to import 30 Boeing 737-800 aircraft. In July, the airline had signed an agreement with Boeing to purchase the 30 aircraft at an estimated ...

Is sugar decontrol off the radar?
Sugar decontrol looks an unlikely proposition in the new season that starts from ...

Greenfield projects on co... 50% non-promoters' shares should be in demat: SEBI
Otherwise, stocks will move to trade-for-trade segment. Shares of companies will be allowed to be traded in the normal segment of stock exchanges only if at least 50 per cent of non-promoter share holding is held in dematerialised form, market ...

Hindalco unveils major investment plans
Hindalco Industries, an Aditya Birla group company, has drawn up a capital expenditure plan of Rs 10,000 crore this fiscal, going up to Rs 11,000 crore ...

Travellers' delight, Delhi T3 duty-free shops' joy
CHOCOLATE SALES. Here are some statistics that will have marketers drooling. Delhi's Duty Free Shops at the new T3 terminal have sold a whopping 244 containers of chocolates and confectionery since they started operations a month ago. The brands ...

Tax Code to treat FIIs' profit on sale of shares as capital gains
Foreign institutional investors (FIIs) can breathe easy with the Direct Taxes Code (DTC) Bill, 2010 proposing that their income be taxed as capital gains rather than business income. Opinion is divided on whether this will end the uncertainty ...

IBA invites bids for e-registry project
To provide data on property transactions to banks, public. The Indian Banks' Association (IBA) has decided to fast-track the project to set up a central ...

Costlier pulses, milk drive up food inflation to 10.86%
Fuel inflation increases to 12.71% on dearer light diesel oil, ATF. Food inflation, based on the annual Wholesale Price Index, increased 10.86 per cent during the week ended August 21, up from the previous week's rise of 10.05 per cent. Pulses ...

Pricking ‘bubbles' as they form
A lot of people have said it many times, but when Mr Bernanke talks of the dangers from ‘too big to fail' financial institutions, it has the stamp of authority and rule maker on it. The Fed has a lot more regulatory teeth after the ...

Successor will be announced this year: Tata
‘Give the search panel the time and space to do its work'. Persuaded to speak to a set of journalists from all over the world invited to South Africa for the formal opening of Taj Cape Town, Mr Ratan Tata faced the inevitable question: Who ...

India is an economic powerhouse but a nutritional weakling, says economist
‘India can achieve Millennium Development Goals only in 2043'. India is going to be 28 years behind its target of achieving the Millennium Development Goals for improvement in its nutritional status, claims Prof Lawrence Haddad, Director, ...

UK bank break-up plan may see HSBC shift headquarters
We prefer to remain in London, says official. That's the dilemma HSBC faces should regulations breaking up Britain's largest banks come ...

UK housing market weakens
In the latest sign that Britain's housing market – which began a tentative recovery from a deep crash late last year – is weakening ...

Individual rain deficits in central parts wiped out
The ongoing spell of rains in Central India has seen four Met subdivisions turn the corner and push themselves into the ‘normal' category as defined by India Meteorological ...

210 million people out of job globally: ILO
FRAGILE RECOVERY. The world is facing major challenges in creating enough quality jobs to sustain growth and development in the wake of the global financial crisis, according to a joint paper by International Monetary Fund (IMF) and the ...