Business News: General

Rupert Murdoch has spent months complaining that Google is ruining the newspaper business, and now he wants to do something about it.

Mumbai, Nov 24 (PTI) Realty firm Orbit Corporation today said it is close to inking a deal to raise up to Rs 200 crore through private equity placement in Orbit High City.

Mumbai, Nov 24 (PTI) Gold prices continued its record-making journey on the bullion market here today supported by sustained local buying interest amid firming prices in New York.

New Delhi, Nov 24 (PTI) The government today said 8,710 rural godowns have been constructed under the Rural Godown Scheme till October, 2009.

New Delhi, Nov 24 (PTI) The government today said prices of pulses have surged by up to 80 per cent in the national capital over the last one year.

Mumbai, Nov 24 (PTI) Cable television firm Den Networks today plunged 16 per cent on its maiden run to close at Rs 163.10 on the Bombay Stock Exchange.

Mumbai, Nov 24 (PTI) Global IT services provider HCL Technologies today announced a strategic partnership with Savvion to extend its services in the Business Process Management (BPM) space.

Mumbai, Nov 24 (PTI) Essar group company Essar Oil to start aviation turbine fuel marketing in the next six to nine months, a senior company official said.

SINGAPORE (AP) Oil prices hovered near $76 a barrel Wednesday in Asia as investors mulled whether signs of a sluggish U.S. economy and weak crude demand justified a further sell-off this week.

New Delhi, Nov 24 (PTI) Hitting hard the consumer already reeling under high food prices, retail prices of tomato have jumped twofold to around Rs 45 a kg in the National Capital within a month on soaring demand after the marriage season coupled with low supply.

Mumbai, Nov 24 (PTI) The rupee continued its onward march against the US dollar for the third day in row today by gaining 10 paise to close at 46.37/38, despite a lower opening in tandem with the stock markets.

New Delhi, Nov 24 (PTI) FMCG major Emami today said it expects sales of Rs 500 crore this winter season, a 60 per cent growth compared to the same period last year, on the back of aggressive advertising.

Growing world oil use will likely outpace the rate of new supplies in 2010, eroding the huge stockpiles of crude which have mounted around the world since the start of the global economic crisis.

New Delhi, Nov 24 (PTI) The country's largest mobile operator, Bharti Airtel, today took the tariff war abroad as it launched pay-per-second plan for its US customers using calling card to make calls to India.

China's energy firms are reducing gas supplies to industry to avoid having to cut off households during winter, but risking more factory shutdowns, dampening production and raising costs as shortages may worsen.

New Delhi, Nov 24 (PTI) Contract research firm GVK Biosciences today said it has entered into an agreement with German firm Bayer CropSciences for conducting research in the field of crop protection.

Coimbatore, Nov 24 (PTI) A Mediterranean-based cruise operator is all set to start short duration cruises in India with Kochi in Kerala as their home port and the first trip was expected to commence on December 2, a senior company official said today.

Mumbai, Nov 24 (PTI) Subir Gokarn today took charge as the deputy governor of the Reserve Bank for a three-year term in place of Rakesh Mohan, who had resigned earlier this year.

Kolkata, Nov 24 (PTI) Haldia Petrochemicals has lost Rs 40 crore due to the indefinite strike called by workers over wage revision that entered its fourth day today.

Kochi, Nov 24 (PTI) Prices of Coconut oil and Copra futures trading as follows: C/Oil Copra December Rs.4,585.00 Rs.3,475.00 January Rs.4,735.00 Rs.3,575.00 February Rs.4,750.00 Rs.3,550.00 March Rs.4,695.00 Rs.3,510.00 PTI NNK BS