Archive : Business & Economy Updates

December 29, 2009: India Sri Lanka Power Link
December 24, 2009: Number of Telephone Users
December 22, 2009: India cracks human genome, joins elite club
December 17, 2009: World’s first hybrid two-wheelers Launched
December 17, 2009: Rupee Symbol
December 17, 2009: Biggest wealth creator in 2009 : Reliance
December 17, 2009 : Incenstives for Windpower producers under GBI scheme
December 16, 2009: Mobile number portability delayed for 3 months
December 16, 2009: Capgemini’s Largest Global Trade center is India
December 14, 2009: India’s most polluted industrial hubs
Read the Above Updates Here

December 15, 2009: India’s exports grow 18% after falling for 13 months
December 15, 2009: 36 sick cenral public sector enterprises to be revived
December 14, 2009: India’s share in global FDI is 2.45% now
December 12, 2009: Proposal to keep alcohol out of GST turned down by the centre
December 11, 2009: Sustainable Urban Transport Project of Andhra Pradesh
December 11, 2009: Index of Industrial Production growth 10.3% in October.
December 11, 2009: 2009 China Business Report
December 10, 2009: Green Tribunal Bill Introduced in Lok Sabha
December 10, 2009: Deloitte is Satyam Auditor with Damodaran and Gautam S Kaji as members of the Audit Committee
December 10, 2009: 1455 CDM Projects in India
Read the Above Updates Here
December 9, 2009: TCS & Cardiff council
December 9, 2009: India’s first mega-watt level solar photovoltaic plant Inaugurated
December 9, 2009: Britain Tightenes VISA Rules for Indian IT workers
December 5, 2009: National List of Essential Medicines
December 3, 2009: 23 cancer drungs to be brought under Price Control
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December 7, 2009: Climate Change Risk Report 2009/10: Australia Biggest CO2 emmiter (per capita)
December 5, 2009: Green Building Code
December 4, 2009: Trade Marks (Amendment) Bill
December 3, 2009: World’s Most powerful Cities survey by “citimayors.com” : Mumbai ranks 34
December 3, 2009 Banking Business Correspondents
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December 1, 2009: Kaiga Incident
December 1, 2009: FDI in India since 2004
December 1, 2009: 300,000 tonnes of bauxite deposits discovered in Bastar, Chhattisgarh
December 1, 2009: VRS scheme for AAI employees.
December 2, 2009: Kaushik Basu new chief economic advisor
December 2, 2009: Visa on arrival scheme launched on Pilot Basis.
December 2, 2009: Catamaran Venture Fund
December 1, 2009: 20 Million handsets without IMEI are nonfunctional.
December 1, 2009: Sister Cities Agreement
December 1, 2009: Burn from Cocal Cola
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November 30., 2009: MV Aquamarine Flagged off
November 30, 2009: Murrah Breed is highest yielding variety of Buffalo.
November 30, 2009: India’s Largest Gas producer: Reliance
November 30, 2009: Indian Economy , Quarter 2 Growth 7.9%
November 30, 2009: Government planning to put 10% cap on TFA in vegetable Oil in packaged Foods
November 30, 2009: Cameco is world’s largest mining company : Now in India
November 28, 2009: Canada Best nation for expats: HSBC Bank International survey.
November 27, 2009: Global Hunger Index 2009: India’s Rank 65
November 26, 2009: World’s most outrageous CEO’s : Raju is among them
November 26, 2009: ICWAI renamed as Institute of Cost and Management Accountants of India
November 24, 2009: MOU between Indian Oil & Nuclear Power Corp of India Ltd. for Nuclear Power Plant
November 24, 2009: Intellectual Property Rights agreements between India and USA
Read The Above Updates Here

November 24, 2009: UK Sinha panel on FII inflows, PNs
November 23, 2009: On Fuel-efficiency norms
November 23, 2009: Indian firms in the “Top Companies for Leaders 2009” of Fortune.
November 20: Mobile number portability will cost Rs. 19
November 20, 2009: Phenom 100
November 20, 2009: IT Development center of HCL in Brazil
November 19, 2009: Women among 100 Richest Indians
November 19, 2009: India placed third by UNCTAD among preferred destination for foreign direct investment.
November 19, 2009 : Some latest data on Agricultural Credit
Read The Above Updates Here
Novmber 18, 2009: ‘India Corporate Week’ Third week of every December
November 18, 2009: Some figures on per capita Expenditure
November 18, 2009: Indian firms in 2009 Top 250 Global Energy Company Rankings
November 18, 2009: India Canada MOUs
November 18, 2009: $700-mn loan to India for Second India Infrastructure Project Financing Facility
November 17, 2009: H K Dua & A K Ganguly nominated to Rajya Sabha
November 13, 2009: MTNL launches pre-paid broadband service in Mumbai
November 13, 2009: Infosys emphasizes on Technical Skills: iRace is the new Strategy
November 13, 2009: Columbia University to Study Indian Economy:
November 13, 2009: Accredition & IITs
Read The Above Updates Here
November 12, 2009: Forbes Power list
November 13, 2009: 50 new public sector undertakings (PSUs) to be put on the capital markets
November 13, 2009: British Airways and Spanish Carrier Iberia will merge
November 13, 2009: Govt. share in NTPC
November 16, 2009:Andhra Pradesh Tops the list of total number of Investments made in Textile Projects
November 17, 2009: Rs. 3 Lakh Crore for Education Sector
November 17, 2009: Maharashtra: Property registration to be at flat 1%
November 18, 2009: Transparency International’s 2009 Corruption Perceptions Index, India Ranks 84
November 19, 2009: Domino’s Pizza India is Jubilant FoodWorks Ltd now
November 20, 2009: India’s Richest people
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November 11, 2009: Indirect tax collection drops 21.6%
November 11, 2009 : New Swine Flu Drug Launched by Cipla
November 11, 2009 : Huge Loss by Air India
November 10, 2009: License Regime in Haryana for Cable TV Operations
November 10, 2009 World Travel Award to Incredible India campaign
November 09, 2009: Employee Provident Fund Organisation (EPFO)’s proposal to Labour Ministry
October 9, 2009: Mittal, ONGC will wind up 4 year old firm.
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November 2, 2009: BSNL’s Franchisee plan : 30000 broadband Kiosks in remote areas in two years.
November 3, 2009: India Buys IMF Gold
November 4, 2009: SEBI’s proposed Norms to minimise misuse of powers of attorney
November 4, 2009: Green Rating System by CII
November 06, 2009 : Latest Deposit rates of SBI
November 7, 2009: Generic version of Pfizer’s Lipitor, Developed by Dr. Reddy’s
Read Them Here
October 28, 2009: Hero Honda’s New Aviator
October 28, 2009 South Asia Free Trade Area (SAFTA) Ministerial Council in Kathmandu
October 28, 2009: NREGA card now a valid document for opening a Bank account
October 28, 2009: What is OWL 2?
October 28, 2009: Information Technology (Amendment) Act, 2008 is effective now
October 28, 2009: New Deputy Governor at RBI – Sabir Gokarn
October 29, 2009 : CSR Asia’s Asian Sustainability Ranking- India on Number 4
October 29, 2009: India’s rank in various Indices
October 29, 2009: Latest Figures on India’s Exports. Decline by 13.8%
Read Them Here
October 26, 2009 : ING seperates Banking and Insurance Business.
October 26, 2009 : Incentives for IT/BPO, realty – Uttar Pradesh Government
October 26, 2009 Insecure WI-FI concerns of the Government
October 27, 2009: The Global Gender Gap Index 2009 rankings: India is on Number 114.
October 27, 2009: RBI created new category of NBFCs
October 27, 2009: RBI second quarter review of monetary policy
October 27, 2009 : Education is insurance Compaign- Aviva takes Sachin Tendulkar
Read the Above Updates Here
October 22, 2009: China’s economy grows 8.9% in Q3
October 22, 2009: Microsoft launched Windows 7
October 22, 2009: HAL will produce Flaperons of Boeing 777.
October 22, 2009 : 6 Indian Companies among Global BPO hotspots
October 23, 2009 : CDMA phones without unique numbers banned
October 23, 2009: Infosys among Asia’s most admired knowledge firms
October 23, 2009: Direct Tax Code from 2011-12
October 23, 2009: Plans of BSNL & MTNL Overseas Business
October 26, 2009: M V Aida Cara is the first cruise vessel to make use of Cochin as a turnaround port
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October 21, 2009: ONGC registers fifth clean development project with the UN Framework Convention on Climate Change
October 22, 2009: Sri Lanka may be suspended from EU’s GSP+trade incentive scheme
October 22, 2009: 12th Inter Parliamentary Union Assembly at Geneva
October 20, 2009: Growth of Indian Textile Industry in August
October 20, 2009: Integrated Security System (ISS) for 2010 Commonwealth Games
October 17, 2009: Divestment in SJVN & NTPC
October 20, 2009: Proposal to Release Monthly Inflation Data Approved
October 19, 2009: Madhya Pradesh amends sugar control order
October 18, 2009: B& B Scheme of Chandigarh scrapped
October 17, 2009: Arrest of Raj Rajaratnam, The Sri Lankan Wizard
October 10, 2009: China & Russia sign Gas Deal
October 9, 2009: Coal productions in the half fiscal
October 14, 2009: Microfinance India Summit
October 10, 2009: IREDA Ties up with KfW
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October 2, 2009: Earnings of Delhi Metro Highest in September 2009
October1, 2009 : Uttar Pradesh has lowest per capita power consumption
September 30, 2009: MTN-Bharti Airtel deal called off
September 28, 2009: Indra Nooyi leads list of 50 top women in world business
September 28, 2009 : Bangkok Climate Meet
Read The Above Updates Here

September 22, 2009: ADB projects China’s Growth 8.2 percent in 2009
September 19, 2009: Irda setting up database of insured vehicles
September 17, 2009: Japanese loan for Railway freight corridor
September 15, 2009: 64 ‘multi-function stations’ of Indian Railways
September 8, 2009: SEWA Bank & Micro Pension Programme
September 4, 2009: SBI cuts rates for crop, minor irrigation loans
Read The Above Updates Here
August 13, 2009: urban horticulture scheme of Indian Overseas Bank
August 20, 2009: Investment confidence index launched by JP Morgan
August 21, 2009: Expansion of Rajmahal Coalfields approved by Government
August 21, 2009: April June GDP Growth 6.1 %
September 9, 2009: Center of Excellence at Chennai by Microsoft, TCS
September 9, 2009: McDonald lost battle in Malaysia over Trade mark Mc
September 9, 2009: ONGC Visdesh & Mittal Investment to sign agreement with Kazkhastan Govt
Read The Above Updates Here
August 19, 2009: Fortune List of Fastest Growing Firms topped by Research in Motion
August 19, 2009:$20.5 bn gas deal between India & Australia
August 20, 2009: China is now Japan’s biggest trading partner
August 20, 2009: Fortis acquired 10 hospitals from Wockhardt
August 21, 2009: London School of Economics invites Nitish Kumar
August 24, 2009: India will get $3.2 bn loan from World Bank to recapitalise Public Sector Banks
August 25, 2009: Rs,1,500-crore Punjab road project by World Bank Cleared
Read The Above Updates Here
August 14, 2009: GOM (Group of Ministers ) Constituted to examine raising fuel prices
August 14, 2009: Use of AC in government offices banned in Madhya Pradesh
August 15, 2009 : Investment Pact signed between China & Asian
August 15, 2009: Latest Figures on Tourism in India 2008
August 15, 2009: India received $7 bn FDI in April June 2009
Read Above Updates Here
August 14, 2009: Stephen Schwarzman is America’s Highest Paid CEO
August 14, 2009: Voter ID cards as age proof for pensioners above 80
August 14, 2009: Infosys: Most admired Indian company
August 17, 2009: Railways to replace electrical multiple units with IGBT technology save Rs 200 cr in fuel
August 18, 2009: ” Endeavour” is the Solar-powered racing car unveiled in UK
August 20, 2009: Genesis of Employment Guarantee Council
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August 13,2009: Govt thinking over raising retirement age to 62 years
August 13, 2009: Group of Minsiters (GOM) to Monitor drought
August 13, 2009: India’s Engineering exports down by 21% in June
August 13, 2009: India signs free trade pact with ASEAN
August 13, 2009: Inflation falls to 3-decade low of -1.74% on August 1, 2009
August 14, 2009: IMF approves $4.78 billion for India out of $250 billion SDR allocations committed in G20
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August 12, 2009: India’s industrial output jumps from 2.7 % in May to 7.8% in June
August 8, 2009: India’s largest auction of oil, gas blocks
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August 21, 2009: Support Price for grains hiked
August 21, 2009: RBI puts Rs. 10000 cap on 3rd party ATM withdrawals
August 20, 2009: Some of 100 Most Powerful Women featured in Forbes
August 19, 2009: Narayana Murthy will join National Payment Corporation of India board
August 19, 2009: Infosys , Ebix & Syntel feature in world’s 100 fastest growing companies by Forbes
August 19, 2009 :India gets $ 2.58 billion FDI in June
August 17, 2009: Airtel launches wholesale services
August 17, 2009: India’s first fast breeder reactor by 2010 at Kalpakkam
Read The Above Updates Here
July 27, 2009 : Rs. 50000 crore lost every year in farm produce handling
July 27, 2009: IT sector to employ about 2.25 mn by 2015
July 27, 2009: The Fall of per capita availability of Food Grains in India
July 27, 2009: India’s Top 10 Trading Partners
July 27, 2009: NASSCOM Top 10 BPO employers of India
Read The Above Updates Here
July 25, 2009 : Govt to ban all wheat, non-Basmati rice
July 27, 2009: Latest Tax Concessions announced by Finance Minister
July 28, 2009: China threates to ban seafood import from India
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July 27, 2009: India’s projected online population
July 27, 2009 : Maximum Tourists come from US
July 24, 2009: India is number 1 in remittance flow: World Bank
July 24, 2009 : Number of hungry people to swell to record 1 billion : FAO
July 23, 2009 : India Ranks 5 in Largest Foreign Reserves:
July 23, 2009 : Latin American nations are happiest : Happy Planet Index 2.0
July 22, 2009 India third in FDI ranking
July 22, 2009 : IBM Roadrunner is world’s fastest supercomputer
Read The Above Updates Here
July 9, 2009 : IMF raises India’s growth projection to 5.4%
July 10, 2009: Walmart Biggest employer at the end of 2008
July 10, 2009: UN General Assembly endorses eco crisis summit outcome
July 13, 2009 India’s retail trade to touch $590 billion by 2012
July 14, 2009 Banking services through mobiles soon
July 15, 2009 : Indian Marine exports under clouds- Russia Bans Imports
Read The Above Updates Here
July 10, 2009: Anil Ambani enters Hollywood production
July 11, 2009 : Bajaj decides to phase out Pulsar 200
July 18, 2009: ICICI gets AAA rating from CRISIL
July 18, 2009 : Rs 1000 cr fund to support SMEs
July 19, 2009 : India to introduce e-passports
July 20, 2009 : India has issues with Iran on Price
Read The Above Updates Here
July 6, 2009 : SLBC to formulate action plan for Banking facilities in Unbanked areas
July 6, 2009: Govt. Provided Rs 186,000 crore stimulus to counter slowdown
July 6, 2009: Funds for climate change strategy
July 6, 2009: National River and Lake Conservation Plans to Rs 562 crore
July 6, 2009: President’s allowances Rs 38 lakh
July 6, 2009 : Tax Limits at a Glance
July 8, 2009 : Govt permitted scheduled banks to issue zero-coupon bonds
July 9, 2009 : Soon Bio Beer will be launched
Read The Above Updates Here
July 1, 2009 : India’s exports fall by 29% in May
July 2, 2009: India’s external debt up at $230 bn
July 2, 2009 : BP wins rights to major Iraqi oil field
July 3, 2009 : IFC report says India still not favourable for doing business: Survey
July 4, 2009 : Banking sector top job provider in first quarter hiring 16, 200 people: Assocham
July 4, 2009: India approves trade pact with South Korea
July 4, 2009 : Rs.3,000-crore package for textiles industry
July 6, 2009 : Scope of ‘Presumptive Tax’ widened.
July 6, 2009 : Health insurance for all BPL families
July 07, 2009 : Allocations for NREGS in Budget
July 10, 2009 Inflation -1.55 per cent
July 11, 2009 :Crop loan at 6% interest for farmers
Read The Above Updates Here
June 19, 2009:Govt looking at proposal to divest 10% in BHEL
June 19, 2009 :TCS opens new center in Mexico
June 20, 2009 :India-Britain trade could reach $40 bn by 2015
21 Jun 2009: Apparel exports fell by 10 per cent in April
June 21, 2009: PSEB ranked third among 33 power utilities
June 24 , 2009 : GAIL to invest Rs 7,600-crore for 2 pipeline projects for karnataka
June 25, 2009 : Amul ranked amongst top 21 dairy businesses of the world
June 26, 2009 : Cane support price raised to Rs 107.76 a quintal
June 27, 2009 : Indra Nooyi, Shantanu Narayen named among America’s “25 Top Gun CEOs”
June 28, 2009 : LIC will invest Rs. 50000 crore in equities in Fy’10
Read The Above Updates Here
June18, 2009: Inflation turns negative, drops to -1.61%
June 19, 2009: India largest investor in UK after the US
June 19, 2009 : India’s FX reserves at $263.644 bn as on June 12
June19, 2009, State Bank to acquire State Bank of Indore
June 19, 2009: Mobile service revenue to cross $30 b by 2013’
Read The Above Updates Here
Business & Economy Updates : May 1-10, 2009
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1. Mahindra & Mahindra Tie Up with Corporation Bank
2.India Winning the Series in New Zealand
3. India has 23rd least Friendly Tax climate
4. LIC contract to ElectraCard Services
5. Swapanali Yadav
6. DRDO Nishant
7. Sir Jehangir Ghandy Medal to Ratan Tata
8. Kalpen Suresh Modi
9. Export-Import Bank of China (China Exim) and ICICI Bank
10. Japan now top M&A; market in Asia-Pacific
11. PowerGrid
Read The Above Updates Here
April 17, 2009: RBI Turns Net Foreign Exchange Buyer
April 18, 2009 : RBI widens scope of unsecured loans
April 20, 2009 : IFC-backed funds to pick up equity in Indian infra projects
April 20, 2009 : Meltdown hits Rs 5,500cr solar power project in Bengal
April 21, 2009 : Economy to grow at 5.7% in FY10, as per recent RBI survey:
April 23, 2009 : Banks to submit annual report on outsourcing
April 23, 2009 : Debt funds may bounce back on RBI’s rate cuts
April 28, 2009 : India, China lead Asian recovery: Barclays
April 29, 2009: Banks give Rs 9,000 cr in loans to MSMEs
April 30, 2009: Investment norms for New Pension Scheme finalised
April 30, 2009 : SC gives investment banker Nimesh Kampani no relief
May 2, 2009 : Govt staff earn 14.82% on NPS
May 2, 2009 : Forex reserves rise by $631 million
May 3, 3009 : SBI cuts deposit rates by 25 bps
May 4, 2009: BoB replaces Canara as 3rd largest PSB
Read The Above Updates Here
March 2, 2009 : Reliance Industries is 13th Largest Oil Refining Company in the world
March 4, 2009 : Indian Young Guns Make world’s first six-core microchip!
March 8 , 2009 : Inflation goes to 30 year Low
March 9, 2009 : World’s 10 most admired companies by Fortune Magazine:
March 10, 2009 : India’s 10 most trustworthy companies by Equitymaster
March 10, 2009 : The 24 richest Indians in Forbes’ list of world’s richest people.
March 16, 2009 : LIC Agreement with Punjab National Bank
March 21, 2009 : M& M sign Mou with Bank of Baroda:
March 21, 2009 : MOU between Nasscom and ACTI of Chile
March 23, 2009: Govt issues oil bonds worth Rs 10,000 cr :
March 23, 2009 : Tata Nano, the much-awaited ‘People’s Car’ from Tata Motors, was launched in Mumbai
March 23, 2009 : GE Hitachi signs MoUs with NPCIL, BHEL for nuclear reactors
March 25, 2009: Govt okays BRPL merger with IOC
March 26, 2009: IPL Signed Rs 8200-Crore Deal With MSM
March 26, 2009 : ICICI Prudential ties up with PNB:
March 27, 2009 : RIL signed gas sale-purchase deal with 12 Fertilizer Firms
March 27, 2009 : Govt clears 26 FDI proposals worth over Rs 1,000 cr
March 31, 2009 : BHEL gets Rs 345 crore order for Steam Generators from NPCIL
April 1, 2009 : World Economy Growth Projected 2.1%
April 1, 2009 : Huge Turmoil in Streets of London and across Europe against G-20
April 1, 2009 : What did our Prime Minister Say in G-20, “Shun protectionism”
April 2, 2009 : HCC gets 688.06 crore order for Punatsangchhu-I Hydro Electric Project in Bhutan:
April 10, 2009 : India, Asia’s 4th most corrupt nation
April 13, 2009: How Tech Mahindra won the Satyam bid
April 15, 2009 : RBI knows banking better than US Fed: Says Nobel laureate Stiglitz
April 16, 2009 : Inflation 0.18%
April 20, 2009: Top 10 Fortune 500 companies
April 21, 2009 : RBI cuts short-term rates
April 23, 2009 : 15 women CEOs of Fortune 500 majors
Read The Above Updates Here

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