Business
India Halts Plan for Engineered Eggplant
NEW DELHI—India put on ice its plans to allow the commercial cultivation of genetically modified eggplant after facing opposition from states and environmental groups, in a case that has been viewed as a litmus test for whether the government woul...
Thailand keen to invest in Northeast India
“We are keen on investing in the North East, but to push forward our plans, the existing investment policy needs to be flexible.” This was the immediate reaction of Thai Ambassador to India Krit Kraichitti.
Tourism Authority of Thailand opens second India office in Mumbai
The Tourism Authority of Thailand (TAT) New Delhi Office announced that TAT will open its second India office in the city of Mumbai on November 2, 2009. This expansion is to accommodate the rapid growth of the Indian tourist outbound travel to Tha...
Thai Airways keen on expanding its route network in India
Thai Airways, the flag carrier of Thailand is keen on expanding its route network in India in the coming year. Currently operating from Mumbai, New Delhi, Chennai, Bengaluru, Kolkata and Hyderabad; the carrier is keen on starting services from Amr...
Thailand keen to invite Bollywood: Deputy PM
Mumbai: Deputy prime minister of Thailand Korbask Sabhavasu has said that Thailand attaches great importance to relations with India and is keen to promote trade and business relations with the country.
Thaicom to launch IPSTAR service in India by H2/2009
Thailand's leading satellite operator, Thaicom PCL THCOM.BK, said on Thursday it expected to launch a high-speed Internet service in India via its broadband satellite IPSTAR in the second half of this year.
Tata Motors may buy Thonburi stake in Thai truck JV
The three-year joint venture between Mumbai-headquartered commercial vehicle giant Tata Motors and Thailand-based Thonburi Automotive may see some changes in the ownership, with the former keeping options open on buying its partner's stake.
Verizon Business Brings Remote Application Management to Corporate Customers in India
Verizon Business' Remote IP Application Management service is now available in India, enabling India-headquartered customers and local subsidiaries of multinational companies to improve the performance of their online applications while reducing o...
India Inflation Slows to 20-Year Low; Rate Cut Likely
India’s inflation slowed to a 20- year low in the first week of April, giving the central bank room to cut interest rates further next week.
Infosys sees difficult year ahead
Indian outsourcing giant Infosys has reported a 29% rise in fourth quarter profits but warns it will see its first fall in annual revenues in 2009/10.
Indian rupee seen lower on broad dlr gains
The Indian rupee is expected to start weaker on Wednesday, following the dollar's gains against Asian currencies and month-end import payments heighten demand for the U.S. unit.
Satyam hopes to finalize bidder by April 30
Satyam Computer Services plans to finalize a buyer for a majority stake in the company by April 30, its board said in a filing on Tuesday to the Indian market regulator.
'Will the Nano change India's auto industry?'
It signals a major jump in the global acceptance of India as a hub for small cars, but maintaining this will require a lot more including, for starters, large production volumes.
A-380 back on Air India radar
Air-India has renewed its interest in the A-380, the world’s largest passenger aircraft with a seating capacity of 850.
Nano rally in Bengal
Just as Nano launch by Tata Motors was being celebrated across the country, it became clear that the small car would become a double-edged political weapon in the red bastion of West Bengal. CPM on Monday pointed accusing fingers at not just the ...
RIL hikes gas margin, fertiliser cos oppose
Fertiliser companies have raised objections to a revised draft agreement drawn up by Reliance Industries Ltd for buying gas from its Andhra offshore field. The companies have protested against an increase in marketing margin to be levied by the M...
Sugar prices lose calories, fall below production cost
For the first time in India, wholesale sugar prices have dipped below the industry’s cost of production at a time when the output is far below domestic consumption, 155 lakh tonnes versus 220 lakh tonnes in 2008-09. Plus, the early estimate for t...
Nano to hit Europe by 2011 - Mr Ratan Tata
TOI quoted Mr Ratan Tata chairman of TATA group as saying that after launching in India on March 23rd, the TATA Nano will hit the European market by 2011.
Reliance may get to use KG basin gas
Reliance Industries (RIL) may finally get to use the gas it produces. The government is likely to alter the gas utilisation policy to allow the company to use some of the gas that will start flowing from its D-6 block in Krishna-Godavari (KG) bas...
Profit booking may continue
The market continued to participate in a world-wide bear-market rally. The Nifty closed at 2,807 points for a gain of 4.1 per cent while the Sensex closed up 2.4 per cent at 8,966 points. The Defty shot up by 6.5 per cent as the rupee recovered sh...