Bussines News

Mumbai Aug 26 (IANS) Indian equity markets, which opened lower Tuesday following weak global cues, were in the red in early trade. There was selling pressure on realty, oil and gas and metal stocks.

Dubai, Aug 26 (IANS) Two booming Asian cities, Dubai and Shanghai, are going to strengthen mutual cooperation and expand bilateral ties in the field of municipal work in pursuance of a twinning agreement signed in 2000.

Hong Kong, Aug 26 (DPA) Lighter lunches, less alcohol and even streamlined cutlery are on the menu on Asian airlines as they shed excess weight in scores of little ways in a bid to cut down escalating fuel costs.

MOSCOW, Aug 25 (RIA Novosti) Russian-British joint venture energy behemoth TNK-BP announced Monday the resignation of the head of its downstream business, Anthony Considine.

Lhasa, Aug 25 (Xinhua) The authorities in Tibet said Monday they would hold a forum to seek ideas for reviving the region's tourism sector, which has been severely hit following the March 14 disturbances.

Mumbai, Aug 25 (IANS) Indian equity markets ended with a marginal gain despite a strong opening Monday morning. Rate sensitive sectors such as banking, realty and auto stocks were in demand while metal stocks dragged the market down.

Mumbai, Aug 25 (IANS) The Indian equity markets closed in green on Monday.
The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 14,643.37 points, touched a high of 14,672.69 points before closing at 14,450.35 points. It went up by 48.46 points or 0.34 percent at the day's close.

Dubai, Aug 25 (IANS) A new law in the United Arab Emirates (UAE) requires all residents in this Gulf nation - citizens as well as expatriates - to hold a national identity card for conducting all everyday transactions.

London, Aug 25 (IANS) Delhi is now firmly on the world art map with auctioneer Sotheby's deciding to provoke buyer interest in India's capital for its future London auctions.

Abu Dhabi, Aug 24 (IANS) Top industry experts and exhibitors will participate in the Abu Dhabi International Petroleum Exhibition and Conference (Adipec)-2008, to be held here Nov 3-6.

Abu Dhabi, Aug 24 (IANS) The United Arab Emirates (UAE) remains committed to peaceful use of nuclear energy, according to an official document released Sunday.

Dubai, Aug 24 (IANS) The United Arab Emirates' (UAE) national carrier Emirates airline has announced reduction in fares to 20 cities in the Middle East, Gulf, Far East and Europe.

London, Aug 24 (IANS) If you're nutty about nut allergies you eat at your own risk. That's the disclaimer Masala World, London's famous Indian restaurants chain, is issuing to diners in retaliation to a legal action threat by an allergic customer.

London, Aug 24 (IANS) Midlands curry king Abdul Salam, who owns a well-known restaurant near Birmingham, is thickly into Indian sauces and now has his own factory to prove it.

Tehran, Aug 23 (Xinhua) Iran is in talks with India's Oil and Natural Gas Commission (ONGC) and China's offshore oil corporation for the development of oil reserves in the South Caspian Sea region, the Press TV satellite channel reported Saturday.

Mumbai, Aug 23 (IANS) The Indian equities market registered losses for the second straight week on the back of weak global sentiment and increase in crude oil prices.

London, Aug 23 (IANS) Coal India, the world's biggest coal mining company, is tapping into north-eastern Britain's mining experience and a partnership is on cards for exchange of expertise.

Washington, Aug 23 (IANS) Four people with an India connection figure in the Forbes list of Singapore's 40 richest who have managed to add to their fortunes amidst the global economic turmoil that hit Singapore hard.

Stockholm, Aug 22 (DPA) Swedish heavy-vehicle maker Volvo said Friday it has completed a joint venture deal with Eicher Motors in India, following approval from regulatory authorities.

Mumbai, Aug 22 (IANS) The Indian equity markets closed in green Friday.
The 30-share benchmark of the Bombay Stock Exchange (BSE) sensitive index (Sensex), which opened at 14,153.39 points, touched a high of 14,428.52 points before closing at 14,401.49 points. It went up by 157.76 points or 1.11 percent at the day's close.