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Reforms are the way to go: Survey
THE pre-Budget Economic Survey calls for enhancing the recent buoyancy in investment and exports to leverage higher growth in the economy with success in this regard depending on "how vigorously reforms are pursued to improve the investment ...
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Markets display pre-Budget jitters
PRE-BUDGET jitters rendered the bourses extremely volatile on the last trading session before the `B-Day'. The Sensex opened in the green but could not sustain it as nervous participants made portfolio adjustments before the Budget. The ...
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Eicher move to sell tractor, engine business to TAFE
EICHER Motors Ltd (EML) is exploring a proposal to sell its tractor and engine businesses to Tractors and Farm Equipment (TAFE). The proposal, if it goes through, would create the second largest tractor manufacturer in the country after Mahindra ...
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Premji's commission to be linked to incremental profits
IN what could be considered a trendsetter for Corporate India, soap-to-software maker Wipro Ltd has decided to link its Chairman's commission to the incremental net profits and not on the overall net profits as has been the practice so far. The ...
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Positive signals on economy front: Kalam
THE President, Dr A. P. J. Abdul Kalam, today indicated that the Manmohan Singh Government's economic programme would emphasise heavily on providing a new vigour to rural India while simultaneously creating an enabling environment for industry to ...
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Tata Motors to take stake in Spanish co
TATA Motors is to acquire a 21-per cent equity stake in Hispano Carrocera S.A (HC), a Spanish bus manufacturing company, with an option to acquire 100-per cent holding. Tata Motors will have the licence for technology and brand rights from HC. ...
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Crompton Greaves buys Belgian co biz
CROMPTON Greaves has announced the acquisition of the transformer businesses owned by the Pauwels Group of Belgium for Euro 32.1 million (Rs 180 crore) on Friday. The acquired operations are located across Belgium, Ireland, Canada, the US and ...
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Cabinet nod for setting up disaster management authority
THE Union Cabinet has given its nod to the proposal for setting up a national disaster management authority (NDMA) and building up specialised capabilities for rapid intervention in case of disasters. The NDMA will be set up under the ...
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Inflation static despite costlier vegetables, fruits
THE annual wholesale price index-based inflation remained unchanged at the previous week's level of 5.01 per cent for the week ended February 12, even as vegetables and fruits turned costlier. A fall in prices of edible oils, minerals and some ...
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DD jacks up ad rates for Indo-Pak series
THE cricket clash between India and Pakistan last year not only attracted a huge viewership, but advertising rates too reached an all time high. National broadcaster Prasar Bharati, which bagged the domestic rights to the series beginning next ...
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