Business News

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.

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.

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.

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

Kozhikode, Nov 24 (PTI) Pepper nadan Rs.14200/- Dilpas Rs.15200/- Ginger Rs. 8000/- Rubber RS.10300/- Aricanut new Rs. 5700/- Turmaric Rs. 6500/- Coir koylandy 1 Rs. 4100/- 2 Rs. 4000/- Beypore 1 Rs. 3100/- 2 Rs. 3000/- Cardamam Rs. 900/-(KG) Graded Rs. 700/- PTI EPD NNK BS

Mumbai, Nov 24 (PTI) One of the country's largest media groups Sun TV Network today announced that it will hike its advertising rates with effect from January 1, 2010.

New Delhi, Nov 24 (PTI) Tata Motors today said it could launch an electric version of its flagship passenger car Indica in the domestic market simultaneously with its European launch, in early 2011.

Dubai, Nov 24 (PTI) The demand for gold in the gulf region has slumped by 34 per cent in the third quarter of 2009 following the global economic crisis and declining number of expatriates particularly from India, a report has said.

New Delhi, Nov 24 (PTI) Wholesale prices of select commodities continued their losing streak and prices fell up to Rs 200 per quintal in the national capital today on fall in demand at higher levels amid increased arrivals.

New Delhi, Nov 24 (PTI) Supported by marriage season demand select edible oils extended gains for the second straight day by adding up to Rs 200 per quintal at the oils and oilseeds market today.