The latest business news in India: banking, finance, stock market, real estate, industries... Including India trade and economic reports.

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Latest Blog Posts for India Business News

  • Basmati rice exports likely to exceed 2-mn tonnes
    on Jan 1, 1970
    Leading basmati rice exporter, LT Foods, today said that exports of the commodity was likely to exceed two-mn tonnes this fiscal (FY 11), up from last year’s 1.7-mn tonnes. “The country’s basmati rice exports is likely to be over t...
  • Vodafone ups Essar’s put option value
    on Jan 1, 1970
    Makes an adjustment of Rs 3,400 cr in fair market value to account for payment made for 3G. British telecom major Vodafone on Friday said it had made an adjustment to the tune of Rs 3,400 crore in its fair market value to account for the payment it...
  • Google’s Hong Kong question page blocked in China
    on Jan 1, 1970
    A question-and-answer page on Google Hong Kong’s website became inaccessible to some mainland Chinese users on Tuesday, underscoring Beijing’s sensitivity about the Internet. The Chinese government, obsessed with maintaining social stabil...
  • Food inflation falls, even as fuel prices rise
    on Jan 1, 1970
    The rate of wholesale food inflation fell for the second consecutive week to 12.63 per cent for the week ended June 26, primarily due to decline in prices of fruits ,vegetables and pulses. However, fuel inflation surged to 18.02 per cent during th...
  • Court orders Cadila to pay Rs50,000 in costs to Diat Foods in `Sugarfree’ case
    on Jan 1, 1970
    The Bombay High Court has dismissed an application filed by Cadila Healthcare seeking to restraint Diat Foods (India) Ltd from using the words `Sugarfree’ on its cookies and instead ordered Cadila to pay Rs50,000 as costs to Diet Foods, to c...
  • Delhi top destination for end users looking to purchase flats
    on Jan 1, 1970
    Delhi is the most popular place to buy a property, according to a survey. The report reveals that 34% of those surveyed want to purchase a flat in Delhi, followed by 28% plugging for Mumbai and 11% each opting for Bangalore and Hyderabad. The survey...
  • Tata Motors may shore up DVR via $550mn foreign issue
    on Jan 1, 1970
    Tata Motors, India’s largest truck and bus maker, will consider a $550-million sponsored overseas issue for its shares with differential voting rights (DVR) after some investors expressed discomfort with the steep discount they fetch in relation to...
  • Reliance Comm adds 2.8 mln mobile customers in June
    on Jan 1, 1970
    No 2 Indian telecoms firm Reliance Communications said on Monday it added 2.8 million mobile customers in June, taking its total number of customers to more than 110 million India times...
  • Bharti adds 3 mn mobile users in June
    on Jan 1, 1970
    Bharti Airtel, India’s top mobile operator, signed up 3 million mobile subscribers in June, taking its total to 136.6 million subscribers, data from an industry body showed on Friday. Vodafone Essar, the country’s third-largest mobile pho...
  • Nine months on, Sahara IPO still stuck with Sebi
    on Jan 1, 1970
    An initial share sale from the real estate arm of the Lucknow-based Sahara group has been delayed because of complaints from investors in some of its schemes. The complaints, said to be more than 100, have resulted in the Securities and Exchange Boar...
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