Business News from Moneycontrol.com http://www.moneycontrol.com Thu, 18 Oct 2012 11:10:02 +0530 Moneycontrol.com http://img1.moneycontrol.com/images/top2010/moneycontrol_logo.jpg http://www.moneycontrol.com Feed provided by Moneycontrol. http://www.moneycontrol.com/news/business/focusretail-lending-to-help-revive-credit-growth-pnb_770436.html <img src="http://www.moneycontrol.com/news_image_files/2012/k/kr-kamath-oct18-190.jpg" alt="KR Kamath" title="KR Kamath" border="0" width="75" height="75" align=" left" hspace="5"/> In an interview to CNBC-TV18, KR Kamath, chairman, Punjab National Bank says the bank is concentrating on the retail. “We are looking at now housing, auto loans and consumer durables. If they get a push, they will also indirectly support a lot of industries," he adds. Thu, 18 Oct 2012 10:53:54 +0530 http://www.moneycontrol.com/news/business/focusretail-lending-to-help-revive-credit-growth-pnb_770436.html http://www.moneycontrol.com/news/business/see-no-alarming-slowdownany-segment-yet-hdfc-bank_770429.html <img src="http://www.moneycontrol.com/news_image_files/2012/a/Aditya-Puri-Forbes-190.jpg" alt="Aditya Puri" title="Aditya Puri" border="0" width="75" height="75" align=" left" hspace="5"/> Optimistic Aditya Puri, managing director, HDFC Bank expects the bank to continue to grow faster than the industry. "Our growth rate is a function of GDP, if GDP grows at 6.5-7%, so the system will grow at 15-17%. We grow between 4-6% percent faster than the market; I don't see this trajectory changing," he said in an interview to CNBC-TV18. Thu, 18 Oct 2012 10:45:07 +0530 http://www.moneycontrol.com/news/business/see-no-alarming-slowdownany-segment-yet-hdfc-bank_770429.html http://www.moneycontrol.com/news/business/kingfisher-air-slips-5likely-suspensionlicence_770382.html <img src="http://www.moneycontrol.com/news_image_files/2012/i/india_kingfisher_12071510.jpg" alt="Kingfisher Air slips 5% on likely suspension of licence" title="Kingfisher Air slips 5% on likely suspension of licence" border="0" width="75" height="75" align=" left" hspace="5"/> r Airlines slipped 5% to Rs 12 after the civil aviation minister said that the airport regulator may suspend or cancel the company’s flying licence. Thu, 18 Oct 2012 09:26:35 +0530 http://www.moneycontrol.com/news/business/kingfisher-air-slips-5likely-suspensionlicence_770382.html http://www.moneycontrol.com/news/business/pradip-overseas-board-to-consider-bonus-issue-stk-down-5_770379.html <img src="http://www.moneycontrol.com/news_image_files/sz/textile_190.jpg" alt="Pradip Overseas board to consider bonus issue; stk down 5%" title="Pradip Overseas board to consider bonus issue; stk down 5%" border="0" width="75" height="75" align=" left" hspace="5"/> Pradip Overseas has board meeting to consider bonus issue, reports CNBC-TV18. At 09:21 hrs Pradip Overseas was quoting at Rs 52, down Rs 3.15, or 5.71%. It has touched a 52-week low of Rs 51.40. Thu, 18 Oct 2012 09:23:04 +0530 http://www.moneycontrol.com/news/business/pradip-overseas-board-to-consider-bonus-issue-stk-down-5_770379.html http://www.moneycontrol.com/news/business/bombay-hc-verdictdeccan-chargers-likely-tomorrow_770280.html <img src="http://www.moneycontrol.com/news_image_files/AshmitKumar1-190.jpg" alt="Ashmit Kumar" title="Ashmit Kumar" border="0" width="75" height="75" align=" left" hspace="5"/> The Bombay high court today was witness to a heated exchange of arguments between the counsels of BCCI, DCHL and Kamla Landmarc, the realty player interested in buying the IPL franchise Deccan Chargers. Wed, 17 Oct 2012 22:39:36 +0530 http://www.moneycontrol.com/news/business/bombay-hc-verdictdeccan-chargers-likely-tomorrow_770280.html http://www.moneycontrol.com/news/business/tdsat-sets-aside-dot-orderqualcomm_770279.html <img src="http://www.moneycontrol.com/news_image_files/Qualcomm-190.jpg" alt="TDSAT sets aside DoT order on Qualcomm" title="TDSAT sets aside DoT order on Qualcomm" border="0" width="75" height="75" align=" left" hspace="5"/> Telecom tribunal TDSAT today set aside a DoT order penalising Qualcomm by shortening the time limit for rolling out broadband services and reducing the holding period of spectrum allotted to the company. Wed, 17 Oct 2012 22:33:08 +0530 http://www.moneycontrol.com/news/business/tdsat-sets-aside-dot-orderqualcomm_770279.html http://www.moneycontrol.com/news/business/low-possibilityfuel-price-reform-fm_770273.html <img src="http://www.moneycontrol.com/news_image_files/2012/i/india_economy_chidambaram.jpg" alt="P Chidambaram" title="P Chidambaram" border="0" width="75" height="75" align=" left" hspace="5"/> Finance minister P Chidambaram alluded to the low possibility of fuel price reform on Wednesday and told CNBC-TV18 that though subsidies needed to be curtailed, the welfare of the consumer had to also be taken care of. Wed, 17 Oct 2012 22:17:32 +0530 http://www.moneycontrol.com/news/business/low-possibilityfuel-price-reform-fm_770273.html http://www.moneycontrol.com/news/business/no-plan-to-investindian-carrier-cathay-pacific_770259.html <img src="http://www.moneycontrol.com/news_image_files/Cathay_Airways.jpg" alt="No plan to invest in Indian carrier: Cathay Pacific" title="No plan to invest in Indian carrier: Cathay Pacific" border="0" width="75" height="75" align=" left" hspace="5"/> Hong Kong-based Cathay Pacific on Wednesday asked India to relook into the "high" airport tariffs and said it has no plans to invest in any Indian carrier. "Operating at wafer-thin margins and high airport charges are not going to help the Indian aviation sector in the long-term," Tom Wright, general manager, Cathay Pacific, said. Wed, 17 Oct 2012 21:51:47 +0530 http://www.moneycontrol.com/news/business/no-plan-to-investindian-carrier-cathay-pacific_770259.html http://www.moneycontrol.com/news/business/tam-suspends-audience-measurement-reports-for-2-months_770250.html <img src="http://www.moneycontrol.com/news_image_files/2012/t/tv_final_011328448660.jpg" alt="TAM suspends audience measurement reports for 2 months" title="TAM suspends audience measurement reports for 2 months" border="0" width="75" height="75" align=" left" hspace="5"/> As the government pushes towards digitisation of cable services in the four metros, rating agency TAM will suspend bringing out its audience measurement reports for two months fearing that discrepancies could creep in its data during the switchover to digital. Wed, 17 Oct 2012 21:35:01 +0530 http://www.moneycontrol.com/news/business/tam-suspends-audience-measurement-reports-for-2-months_770250.html http://www.moneycontrol.com/news/business/maruti-looking-at-small-towns-to-drive-alto-sales_770229.html <img src="http://www.moneycontrol.com/news_image_files/2012/m/marutisuzuki_logo_24_190.jpg" alt="Maruti looking at small towns to drive Alto sales" title="Maruti looking at small towns to drive Alto sales" border="0" width="75" height="75" align=" left" hspace="5"/> Maruti Suzuki is looking at rural areas and small towns to build more volumes for its latest launch the new Alto 800. Wed, 17 Oct 2012 20:40:49 +0530 http://www.moneycontrol.com/news/business/maruti-looking-at-small-towns-to-drive-alto-sales_770229.html http://www.moneycontrol.com/news/business/new-coal-units-awaiting-green-nod-pratik-patil_770226.html <img src="http://www.moneycontrol.com/news_image_files/2012/i/india_coal_19041527.jpg" alt="New coal units awaiting green nod: Pratik Patil" title="New coal units awaiting green nod: Pratik Patil" border="0" width="75" height="75" align=" left" hspace="5"/> Minister of State for Coal Pratik Patil today said proposals for setting up new coal facilities are pending for want of environmental clearance. Wed, 17 Oct 2012 20:36:07 +0530 http://www.moneycontrol.com/news/business/new-coal-units-awaiting-green-nod-pratik-patil_770226.html http://www.moneycontrol.com/news/business/general-motors-raises-stakeindian-venture_770205.html <img src="http://www.moneycontrol.com/news_image_files/2012/g/gm_20034008.jpg" alt="General Motors raises stake in Indian venture" title="General Motors raises stake in Indian venture" border="0" width="75" height="75" align=" left" hspace="5"/> General Motors Co bought back most of the 50-percent stake in its Indian operations that it had sold to Chinese partner SAIC Motor Corp <600104.SS>, regaining control of the joint venture, the automaker said on Tuesday. Wed, 17 Oct 2012 20:02:04 +0530 http://www.moneycontrol.com/news/business/general-motors-raises-stakeindian-venture_770205.html http://www.moneycontrol.com/news/business/jain-irrigation-promoters-pledge-396-cr-shares_770217.html <img src="http://www.moneycontrol.com/news_image_files/Jain_Irrigation_190.jpg" alt="Jain Irrigation promoters pledge 3.96 cr shares" title="Jain Irrigation promoters pledge 3.96 cr shares" border="0" width="75" height="75" align=" left" hspace="5"/> Jain Irrigation Systems (JSPL) today said its promoters have pledged about 3.96 crore shares, which are equivalent to one-third of their stake in the company. Wed, 17 Oct 2012 19:58:18 +0530 http://www.moneycontrol.com/news/business/jain-irrigation-promoters-pledge-396-cr-shares_770217.html http://www.moneycontrol.com/news/business/rbi-eases-priority-sector-norms-for-banks_770201.html <img src="http://www.moneycontrol.com/news_image_files/2012/r/rbi_cut_repo_rate_subbarao_gdp_17_190.jpg" alt="RBI eases priority sector norms for banks" title="RBI eases priority sector norms for banks" border="0" width="75" height="75" align=" left" hspace="5"/> The Reserve Bank of India (RBI) on Wednesday eased some priority sector lending norms by expanding the reach of rural credit for banks. Banks are mandated to give loans to sectors like agriculture and housing for weaker section of the society. Wed, 17 Oct 2012 19:28:00 +0530 http://www.moneycontrol.com/news/business/rbi-eases-priority-sector-norms-for-banks_770201.html http://www.moneycontrol.com/news/business/govt-stake-rises-to-555ifci_770180.html <img src="http://www.moneycontrol.com/news_image_files/2012/i/IFCI_Ltd.jpg" alt="Govt stake rises to 55.5% in IFCI" title="Govt stake rises to 55.5% in IFCI" border="0" width="75" height="75" align=" left" hspace="5"/> Government stake in Industrial Finance Corporation of India (IFCI) has increased to 55.5 per cent after the company allotted 40 crore shares following conversion of bonds. Wed, 17 Oct 2012 18:21:04 +0530 http://www.moneycontrol.com/news/business/govt-stake-rises-to-555ifci_770180.html
Business News from Moneycontrol.com http://www.moneycontrol.com Thu, 18 Oct 2012 11:10:02 +0530 Moneycontrol.com http://img1.moneycontrol.com/images/top2010/moneycontrol_logo.jpg http://www.moneycontrol.com Feed provided by Moneycontrol. http://www.moneycontrol.com/news/business/focusretail-lending-to-help-revive-credit-growth-pnb_770436.html <img src="http://www.moneycontrol.com/news_image_files/2012/k/kr-kamath-oct18-190.jpg" alt="KR Kamath" title="KR Kamath" border="0" width="75" height="75" align=" left" hspace="5"/> In an interview to CNBC-TV18, KR Kamath, chairman, Punjab National Bank says the bank is concentrating on the retail. “We are looking at now housing, auto loans and consumer durables. If they get a push, they will also indirectly support a lot of industries," he adds. Thu, 18 Oct 2012 10:53:54 +0530 http://www.moneycontrol.com/news/business/focusretail-lending-to-help-revive-credit-growth-pnb_770436.html http://www.moneycontrol.com/news/business/see-no-alarming-slowdownany-segment-yet-hdfc-bank_770429.html <img src="http://www.moneycontrol.com/news_image_files/2012/a/Aditya-Puri-Forbes-190.jpg" alt="Aditya Puri" title="Aditya Puri" border="0" width="75" height="75" align=" left" hspace="5"/> Optimistic Aditya Puri, managing director, HDFC Bank expects the bank to continue to grow faster than the industry. "Our growth rate is a function of GDP, if GDP grows at 6.5-7%, so the system will grow at 15-17%. We grow between 4-6% percent faster than the market; I don't see this trajectory changing," he said in an interview to CNBC-TV18. Thu, 18 Oct 2012 10:45:07 +0530 http://www.moneycontrol.com/news/business/see-no-alarming-slowdownany-segment-yet-hdfc-bank_770429.html http://www.moneycontrol.com/news/business/kingfisher-air-slips-5likely-suspensionlicence_770382.html <img src="http://www.moneycontrol.com/news_image_files/2012/i/india_kingfisher_12071510.jpg" alt="Kingfisher Air slips 5% on likely suspension of licence" title="Kingfisher Air slips 5% on likely suspension of licence" border="0" width="75" height="75" align=" left" hspace="5"/> r Airlines slipped 5% to Rs 12 after the civil aviation minister said that the airport regulator may suspend or cancel the company’s flying licence. Thu, 18 Oct 2012 09:26:35 +0530 http://www.moneycontrol.com/news/business/kingfisher-air-slips-5likely-suspensionlicence_770382.html http://www.moneycontrol.com/news/business/pradip-overseas-board-to-consider-bonus-issue-stk-down-5_770379.html <img src="http://www.moneycontrol.com/news_image_files/sz/textile_190.jpg" alt="Pradip Overseas board to consider bonus issue; stk down 5%" title="Pradip Overseas board to consider bonus issue; stk down 5%" border="0" width="75" height="75" align=" left" hspace="5"/> Pradip Overseas has board meeting to consider bonus issue, reports CNBC-TV18. At 09:21 hrs Pradip Overseas was quoting at Rs 52, down Rs 3.15, or 5.71%. It has touched a 52-week low of Rs 51.40. Thu, 18 Oct 2012 09:23:04 +0530 http://www.moneycontrol.com/news/business/pradip-overseas-board-to-consider-bonus-issue-stk-down-5_770379.html http://www.moneycontrol.com/news/business/bombay-hc-verdictdeccan-chargers-likely-tomorrow_770280.html <img src="http://www.moneycontrol.com/news_image_files/AshmitKumar1-190.jpg" alt="Ashmit Kumar" title="Ashmit Kumar" border="0" width="75" height="75" align=" left" hspace="5"/> The Bombay high court today was witness to a heated exchange of arguments between the counsels of BCCI, DCHL and Kamla Landmarc, the realty player interested in buying the IPL franchise Deccan Chargers. Wed, 17 Oct 2012 22:39:36 +0530 http://www.moneycontrol.com/news/business/bombay-hc-verdictdeccan-chargers-likely-tomorrow_770280.html http://www.moneycontrol.com/news/business/tdsat-sets-aside-dot-orderqualcomm_770279.html <img src="http://www.moneycontrol.com/news_image_files/Qualcomm-190.jpg" alt="TDSAT sets aside DoT order on Qualcomm" title="TDSAT sets aside DoT order on Qualcomm" border="0" width="75" height="75" align=" left" hspace="5"/> Telecom tribunal TDSAT today set aside a DoT order penalising Qualcomm by shortening the time limit for rolling out broadband services and reducing the holding period of spectrum allotted to the company. Wed, 17 Oct 2012 22:33:08 +0530 http://www.moneycontrol.com/news/business/tdsat-sets-aside-dot-orderqualcomm_770279.html http://www.moneycontrol.com/news/business/low-possibilityfuel-price-reform-fm_770273.html <img src="http://www.moneycontrol.com/news_image_files/2012/i/india_economy_chidambaram.jpg" alt="P Chidambaram" title="P Chidambaram" border="0" width="75" height="75" align=" left" hspace="5"/> Finance minister P Chidambaram alluded to the low possibility of fuel price reform on Wednesday and told CNBC-TV18 that though subsidies needed to be curtailed, the welfare of the consumer had to also be taken care of. Wed, 17 Oct 2012 22:17:32 +0530 http://www.moneycontrol.com/news/business/low-possibilityfuel-price-reform-fm_770273.html http://www.moneycontrol.com/news/business/no-plan-to-investindian-carrier-cathay-pacific_770259.html <img src="http://www.moneycontrol.com/news_image_files/Cathay_Airways.jpg" alt="No plan to invest in Indian carrier: Cathay Pacific" title="No plan to invest in Indian carrier: Cathay Pacific" border="0" width="75" height="75" align=" left" hspace="5"/> Hong Kong-based Cathay Pacific on Wednesday asked India to relook into the "high" airport tariffs and said it has no plans to invest in any Indian carrier. "Operating at wafer-thin margins and high airport charges are not going to help the Indian aviation sector in the long-term," Tom Wright, general manager, Cathay Pacific, said. Wed, 17 Oct 2012 21:51:47 +0530 http://www.moneycontrol.com/news/business/no-plan-to-investindian-carrier-cathay-pacific_770259.html http://www.moneycontrol.com/news/business/tam-suspends-audience-measurement-reports-for-2-months_770250.html <img src="http://www.moneycontrol.com/news_image_files/2012/t/tv_final_011328448660.jpg" alt="TAM suspends audience measurement reports for 2 months" title="TAM suspends audience measurement reports for 2 months" border="0" width="75" height="75" align=" left" hspace="5"/> As the government pushes towards digitisation of cable services in the four metros, rating agency TAM will suspend bringing out its audience measurement reports for two months fearing that discrepancies could creep in its data during the switchover to digital. Wed, 17 Oct 2012 21:35:01 +0530 http://www.moneycontrol.com/news/business/tam-suspends-audience-measurement-reports-for-2-months_770250.html http://www.moneycontrol.com/news/business/maruti-looking-at-small-towns-to-drive-alto-sales_770229.html <img src="http://www.moneycontrol.com/news_image_files/2012/m/marutisuzuki_logo_24_190.jpg" alt="Maruti looking at small towns to drive Alto sales" title="Maruti looking at small towns to drive Alto sales" border="0" width="75" height="75" align=" left" hspace="5"/> Maruti Suzuki is looking at rural areas and small towns to build more volumes for its latest launch the new Alto 800. Wed, 17 Oct 2012 20:40:49 +0530 http://www.moneycontrol.com/news/business/maruti-looking-at-small-towns-to-drive-alto-sales_770229.html http://www.moneycontrol.com/news/business/new-coal-units-awaiting-green-nod-pratik-patil_770226.html <img src="http://www.moneycontrol.com/news_image_files/2012/i/india_coal_19041527.jpg" alt="New coal units awaiting green nod: Pratik Patil" title="New coal units awaiting green nod: Pratik Patil" border="0" width="75" height="75" align=" left" hspace="5"/> Minister of State for Coal Pratik Patil today said proposals for setting up new coal facilities are pending for want of environmental clearance. Wed, 17 Oct 2012 20:36:07 +0530 http://www.moneycontrol.com/news/business/new-coal-units-awaiting-green-nod-pratik-patil_770226.html http://www.moneycontrol.com/news/business/general-motors-raises-stakeindian-venture_770205.html <img src="http://www.moneycontrol.com/news_image_files/2012/g/gm_20034008.jpg" alt="General Motors raises stake in Indian venture" title="General Motors raises stake in Indian venture" border="0" width="75" height="75" align=" left" hspace="5"/> General Motors Co bought back most of the 50-percent stake in its Indian operations that it had sold to Chinese partner SAIC Motor Corp <600104.SS>, regaining control of the joint venture, the automaker said on Tuesday. Wed, 17 Oct 2012 20:02:04 +0530 http://www.moneycontrol.com/news/business/general-motors-raises-stakeindian-venture_770205.html http://www.moneycontrol.com/news/business/jain-irrigation-promoters-pledge-396-cr-shares_770217.html <img src="http://www.moneycontrol.com/news_image_files/Jain_Irrigation_190.jpg" alt="Jain Irrigation promoters pledge 3.96 cr shares" title="Jain Irrigation promoters pledge 3.96 cr shares" border="0" width="75" height="75" align=" left" hspace="5"/> Jain Irrigation Systems (JSPL) today said its promoters have pledged about 3.96 crore shares, which are equivalent to one-third of their stake in the company. Wed, 17 Oct 2012 19:58:18 +0530 http://www.moneycontrol.com/news/business/jain-irrigation-promoters-pledge-396-cr-shares_770217.html http://www.moneycontrol.com/news/business/rbi-eases-priority-sector-norms-for-banks_770201.html <img src="http://www.moneycontrol.com/news_image_files/2012/r/rbi_cut_repo_rate_subbarao_gdp_17_190.jpg" alt="RBI eases priority sector norms for banks" title="RBI eases priority sector norms for banks" border="0" width="75" height="75" align=" left" hspace="5"/> The Reserve Bank of India (RBI) on Wednesday eased some priority sector lending norms by expanding the reach of rural credit for banks. Banks are mandated to give loans to sectors like agriculture and housing for weaker section of the society. Wed, 17 Oct 2012 19:28:00 +0530 http://www.moneycontrol.com/news/business/rbi-eases-priority-sector-norms-for-banks_770201.html http://www.moneycontrol.com/news/business/govt-stake-rises-to-555ifci_770180.html <img src="http://www.moneycontrol.com/news_image_files/2012/i/IFCI_Ltd.jpg" alt="Govt stake rises to 55.5% in IFCI" title="Govt stake rises to 55.5% in IFCI" border="0" width="75" height="75" align=" left" hspace="5"/> Government stake in Industrial Finance Corporation of India (IFCI) has increased to 55.5 per cent after the company allotted 40 crore shares following conversion of bonds. Wed, 17 Oct 2012 18:21:04 +0530 http://www.moneycontrol.com/news/business/govt-stake-rises-to-555ifci_770180.html
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