Bussines News

Panaji, Nov 24 (IANS) The film piracy industry in India is worth Rs.1,500 crore and its profits are being used to fund terrorism in the country, a top official of CD-DVD manufacturer Moser Baer said Tuesday.

Madrid, Nov 24 (EFE) Spain's Acciona Energia said it has completed the assembly of the Eurus wind farm in Mexico, an energy facility with total potential generating capacity of 250.5 MW and costing $550 million.

Mumbai, Nov 24 (IANS) Indian equities markets closed Tuesday on a dull note, with a key index ending trade 0.28 percent lower than its previous close.

Kolkata, Nov 24 (IANS) The Rs.2,500-crore diversified business group Emami is looking at winter care product sales of Rs.500 crore this year, and will spend Rs.40 crore on advertising and promotion for this purpose.

Thiruvananthapuram, Nov 24 (IANS) Kerala has tied up with Google to promote its tourism through search and banner advertisements on the search engine.

Mumbai, Nov 24 (IANS) Indian equities were trading weak mid-afternoon Tuesday, with a key index fluctuating in a narrow range after dropping some 200 points from the day's high.

Washington, Nov 24 (IANS) Members of the newly reconstituted India-US CEO's Forum are expected to meet Prime Minister Manmohan Singh and President Barack Obama Tuesday to share their thoughts on how to achieve the full potential of their economic partnership.

Thiruvananthapuram, Nov 24 (IANS) Operators of more than 30,000 private buses in Kerala struck work Tuesday, demanding an increase in the minimum fare charged from commuters.

New Delhi, Nov 24 (IANS) Industrialist Anil Ambani Tuesday marked a surprise presence in the Supreme Court where a dispute is being heard over supply of gas to his group company Reliance Natural Resources Ltd (RNRL) from Reliance Industries Ltd (RIL), led by his brother Mukesh Ambani.

Mumbai, Nov 24 (IANS) A key Indian equities index gave up its gains Tuesday morning after opening in the green and was ruling on a flat note in early trade -- about 0.23 percent down from its previous close.

New York, Nov 24 (DPA) US stocks surged Monday after the release of some surprisingly buoyant data on home sales.

Tokyo, Nov 24 (DPA) Stocks lost ground in Tuesday morning trading in Tokyo due to concerns about the state of government and private sector finances and the stronger yen.

Washington, Nov 24 (IANS) As Prime Minister Manmohan Singh began his first state visit to the US with an invitation to the business community to stay engaged with India, a dozen agreements were signed for deepening Indo-US economic cooperation.

Patna, Nov 23 (IANS) Bihar's main opposition party Rashtriya Janata Dal (RJD) has decided to support the day-long statewide strike call given by the Communist Party of India-Marxist Leninist (CPI-ML) Tuesday to protest the Nitish Kumar government's alleged failure on all fronts after being in power for four years.

New Delhi, Nov 23 (IANS) India's ambitious mission to ramp up its solar power hundredfold in the next 13 years and reduce dependence on fossil fuels was unveiled here Monday.

Bangalore, Nov 23 (IANS) GE Healthcare, the $17-billion unit of General Electric, Monday unveiled a low-cost portable electrocardiogram (ECG) device for early detection of heart disease.

Chandigarh, Nov 23 (IANS) The Haryana government has awarded a Rs.780-crore contract to Reliance Infrastructure for four-laning the Gurgaon-Faridabad road, state officials said here Monday.

Chennai, Nov 23 (IANS) Cost-cutting measures by private life insurer HDFC Standard Life Insurance Co. is likely to reduce its planned capital infusion by around Rs.100 crore to Rs.250 crore this fiscal, a top official said Monday.

Kolkata, Nov 23 (IANS) An Air India (AI) flight bound for Myanmar's Yangon Monday morning was delayed for several hours at Netaji Subhas Chandra Bose International (NSCBI) airport after a technical snag accidentally caused by a Buddhist monk passenger, an official said.

Baghdad, Nov 23 (DPA) Iraq, reportedly home to the world's third-largest oil reserves, will seek peaceful nuclear technology from the US, an Iraqi lawmaker said in remarks published Monday.