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Wednesday, December 19, 2007

INDIA INCORPORATION

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Hindu Business Line
Kingfisher, Deccan agree to talk merger
Economic Times - 30 minutes ago
BANGALORE: The consolidation momentum in the Indian aviation sector has started rolling again with Deccan Aviation and Kingfisher deciding on an “in-principle” merger talks.
Kingfisher Airlines, Deccan decide to merge Hindu Business Line
Deccan, Kingfisher merger gets go-ahead Business Standard
Moneycontrol.com - Rediff - Livemint - CNN-IBN
all 47 news articles »

Hindu Business Line
IFCI calls off stake sale process
Times of India - 25 minutes ago
NEW DELHI: There was fresh uncertainty at non-banking finance company IFCI with the company's board on Wednesday calling off the sale of 26% stake as talks with a consortium comprising Sterlite Industries and Morgan Stanley, the only remaining bidder, ...
IFCI sale falls through on management control Economic Times
IFCI board calls off 26% stake sale process Hindu Business Line
Moneycontrol.com - Forbes - Livemint - Business Standard
all 71 news articles »

Calcutta Telegraph
Spectrum panel wants new allocation norms, auction
Economic Times - 37 minutes ago
NEW DELHI: The battle for spectrum between operators took a new twist as an official panel for reviewing the subscriber-linked spectrum allocation norms on Wednesday recommended that the government consider a slew of new criteria, including auction, ...
Spectrum panel not in favour of subscriber-based allocation Hindu Business Line
Spectrum review panel for free start-up Financial Express
Business Standard - Moneycontrol.com - Sify - NDTV.com
all 30 news articles »

TopNews
People's car: In manual, automatic versions
Hindu Business Line - 39 minutes ago
Pune, Dec. 19 The much-awaited Rs 1-lakh car from Tata Motors will be launched in manual and automatic (continuous variable transmission) versions, and will also be manufactured at its Uttarakhand facility, where a separate assembly line is being ...
Tata's one lakh car to make debut at Auto Expo Daily News & Analysis
Tata Motors to unveil 'people's car' Sify
Forbes - Business Standard - Reuters - Motley Fool
all 43 news articles »

Earthtimes
`Inclusive development is a national goal'
Hindu Business Line - 39 minutes ago
The National Development Council (NDC) on Wednesday gave its unanimous endorsement to the Eleventh Plan (2007-12) setting an accelerated economic growth of nine per cent per annum for the five-year period, with the Prime Minister, Dr Manmohan Singh, ...
11th Five Year Plan gets final approval Economic Times
11th Plan: Emphasis on minorities NDTV.com
Sify - KalingaTimes - Sahara Samay - India Infoline.com
all 43 news articles »

The Sun
Ford aims for integrity of bidder, not just value
Moneycontrol.com - 6 hours ago
As the countdown continues to a final decision on the Jaguar-Land Rover sale, details of the deal are becoming clearer. From why an Indian player such as Tata Motors is interested to why the winner may not necessarily be the highest bidder.
Jaguar-Rover sale to Tata to boost Indo-UK M&A scene Daily News & Analysis
Complex affair: Sale of Ford icons strewn with pacts Economic Times
Hindu Business Line - Hindu - Livemint - Telegraph.co.uk
all 126 news articles »
Indian Energy Company Raises $552 Million
BusinessWeek - 2 hours ago
by Anette Jonsson Suzlon Energy, India's largest and the world's fifth largest manufacturer of wind turbine generators, has raised approximately $552 million from the sale of new shares through a qualified institutional placement (QIP).
Suzlon takes the QIP route to raise Rs 2183 cr Economic Times
Suzlon gets breather on funding Livemint
Reuters UK - Forbes - domain-B - Bloomberg
all 18 news articles »

Hindu Business Line
TV18’s print foray may prove profitable
Hindu Business Line - 39 minutes ago
Emerging media conglomerate TV18 is partnering with Jagran Prakashan, publishers of the leading vernacular paper Dainik Jagran, to launch a Hindi business newspaper and business dailies in other regional languages as well.
Jagran Prakashan, Network18 form 50:50 JV Business Standard
Network 18, Jagran to launch Hindi business daily Economic Times
Moneycontrol.com - Myiris.com - Livemint - Indiantelevision.com
all 12 news articles »
Digital TV to become more popular by `10
Business Standard - 51 minutes ago
The domestic television market is moving towards digital platforms. By 2010, 28 per cent of the estimated 100 million pay TV households will migrate to digital pay TV platforms such as digital cable, DTH (direct-to-home) and IPTV (internet protocol TV) ...
DTH segment to record maximum growth: Assocham Economic Times
DTH, Internet pushing media and entertainment in India: report Indiantelevision.com
Livemint - Economic Times
all 10 news articles »
Deutsche Bank infuses Rs 2155 cr for expansion
Business Standard - 3 hours ago
Deutsche Bank has infused Rs 2155 crore into its Indian operations. The infusion of Rs 1470 crore will be utilised for expanding the bank’s branch network, while Rs 685 crore will be slotted for its newly formed non-banking finance company (NBFC).
Deutsche Bank increases capital outlay Times of India
Deutsche Bank increases capital by Rs 2155 cr Sify
all 4 news articles »
Don't see RBI cutting rates in January: Goldman Sachs
Moneycontrol.com - 9 hours ago
Tushar Poddar, Asia Economics Research, Goldman Sachs in an interview to CNBC-TV18 said that overall inflationary pressures in India may be contained.
Growth rate to moderate at 8% in fiscal 2008, says Goldman Sachs Hindu Business Line
Polls ahead may slow India's growth rate Sify
Forbes - Earthtimes - Zee News
all 21 news articles »

Hindu Business Line
LIC gets IRDA nod for health product
Hindu Business Line - 39 minutes ago
New Delhi, Dec. 19 Life Insurance Corporation of India has got the Insurance Regulatory and Development Authority’s (IRDA) nod for its health insurance product - LIC Health Plus.
Irda gives full pricing freedom to general insurers Business Standard
Free pricing not to be end of life for insurance policies Economic Times
Hindu Business Line - Economic Times - Business Standard
all 7 news articles »

Hindu
Karunanidhi promises early meet on Mullaperiyar
Sify - 7 hours ago
New Delhi: Tamil Nadu Chief Minister M Karunanidhi has promised Prime Minister Manmohan Singh he will hold an early meeting with his Kerala counterpart VS Achuthanandan to work out a solution to the dispute between the two states on the Mullaperiyar ...
Karunanidhi, Achuthanandan to discuss Mullaperiyar dam issue Hindu
Mullaperiyar talks inconclusive Chennai Online
Kerala Online - Earthtimes - News Today - Peninsula On-line
all 22 news articles »

domain-B
India, Hong Kong agree to liberalise air services
Reuters India - 6 hours ago
NEW DELHI (Reuters) - India and Hong Kong have agreed to liberalise air services by increasing the number of flights and allowing carriers to fly onward to other countries, India's civil aviation ministry said on Wednesday.
Indian carriers fly directly to Hong Kong Times of India
India, Hong-Kong traffic rights agreement to result in 54 new ... domain-B
Press Information Bureau (press release) - India PRwire (Press Release)
all 10 news articles »
Wheat farmers give up 5 lakh ha in 8 key states
Economic Times - 19 hours ago
NEW DELHI: In the wake of apprehensions over a marked shortfall in wheat area covered this Rabi, the government confirmed on Tuesday that crop area was lost in key states of Madhya Pradesh, Uttar Pradesh and Rajasthan.
India Weather Report - Dec 19 Reuters India
Murder probe reaches other states Times of India
Sify - Hindu - Press Information Bureau (press release) - Economic Times
all 10 news articles »
Danone enters Indian market
Times of India - 29 minutes ago
NEW DELHI: French dairy giant Group Danone kicked off its joint venture with Yakult of Japan to manufacture probiotic drinks in the country.
Yakult Danone to invest an additional Rs100 crore in India Livemint
Yakult Danone launches probiotic drink Business Standard
Earthtimes
all 5 news articles »

Business Standard
Sensex up 254 points in late morning trade
Financial Express - 13 hours ago
Mumbai, December 19: The Bombay Stock Exchange benchmark Sensex recovered smartly by 254 points to 19333.73 within half an hour of resumption of trade on Wednesday morning following firm global cues despite heavy capital outflows.
Sensex ends flat in choppy deals Livemint
Market snaps 4 day losses after volatile session Economic Times
Hindu - Business Standard - Earthtimes - Press Trust of India
all 85 news articles »

Myiris.com
Jyothy Labs ends with 13% premium
Moneycontrol.com - 9 hours ago
Jyothy Laboratories witnessed good buying interest today. It has opened at Rs 895 (an intraday high) but due to profit booking, it fell to a low of Rs 741.15 in an intraday trade.
Jyothy Laboratories shares list 18 pct up on BSE Reuters India
Jyothy Laboratories lists at 30% premium Economic Times
Myiris.com - Moneycontrol.com (press release) - Sify - Moneycontrol.com
all 16 news articles »
BPCL buys 300KT kerosene 2008 from ENOC
Reuters India - 12 hours ago
SINGAPORE (Reuters) - India's state-run refiner Bharat Petroleum Corp Ltd (BPCL) has awarded a rare term contract to buy 300000 tonnes of kerosene for January to December supply 2008, industry sources said on Wednesday.
BPCL cancels 180KT export tender of low aromatic naphtha Economic Times
Domestic demand halts BPCL naphtha exports Commodity Online
Daily News & Analysis - Polymerupdate.com (subscription)
all 7 news articles »

India Infoline.com
Welspun India buys Portugese firm Sorema
Reuters India - 7 hours ago
MUMBAI (Reuters) - Terry towel and bed linen maker Welspun India Ltd said on Wednesday it has acquired 76 percent stake in Portugal-based bath rugs maker Sorema at an enterprise value of 600 million rupees.
Welspun India buys 76 pct stake in Portugal's Sorema for 600 mln ... Forbes
Welspun acquires 76 per cent stake in Portugal's Sorema for Rs60 crore domain-B
Equity Bulls
all 15 news articles »

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