| The Telegraph India: Business News |
|
|
|
|
Anil knocks on PM door in search of gas: New Delhi, May 12: Anil Ambani today met Prime Minister Manmohan Singh and is understood to have discussed with him the need for gas to run the Dadri power project in Uttar Pradesh.
|
Industry growth loses steam: New Delhi, May 12: Industrial output grew 13.5 per cent in March ' the seventh straight month of double-digit expansion, though at a slower pace. For 2009-10, industry grew 10.4 per cent, up from 2.8 per cent in the previous financial year.
|
China firms plan mobile hub: New Delhi, May 12: Chinese mobile equipment makers Huawei and ZTE plan to set up manufacturing units in India.
|
RBI rules out tax on dollar flow: Mumbai May 12: India has no plans to check foreign capital inflows by slapping a Tobin tax on them, RBI governor Duvvuri Subbarao said. Named after Nobel laureate James Tobin, the Tobin tax is a transaction tax on currency conversions.
|
New Honda bike to hit the road: New Delhi, May 12: Honda Motorcycle and Scooter India is planning to roll out a new motorcycle this year that will compete with Hero Honda's premium 225cc Karizma.
|
FM voices concern: New Delhi, May 12: The government is worried about the rate of inflation but feels growth targets will still be met.
|
Cairn oil set to flow: Calcutta, May 12: Cairn will start pumping crude from its Rajasthan fields by the end of this week, bringing down operational costs by $3-4 per barrel.
|
Telecom suffers Trai trauma: New Delhi/Mumbai, May 12: Telecom operators today slammed the regulator's "arbitrary and retrograde" proposal to force established GSM players to pay another sackload of cash for radiowaves they hold in the 900Mhz band above the licensed limit of 6.2Mhz.
|
