2014年9月4日 星期四

2014-09-05 India Business

  Firstpost   
Dearness allowance hiked by 7% for central government employees  Firstpost
New Delhi: Government today approved 7 percent hike in dearness allowance (DA), taking it to 107 per cent of basic pay, a move that will benefit around 30 lakh central employees and 50 lakh pensioners including dependents. "The Union Cabinet chaired by ...

Govt staff, pensioners get 7% DA rise from July 1   Business Standard
Dearness allowance hiked by 7%, to benefit 8m   The Asian Age
Cabinet hikes dearness allowance to 107%   Livemint
The Hindu   
all 38 news articles »   

  The Hindu   
Mallya vows to challenge defaulter tag but it won't save his fallen kingdom  Firstpost
Vijay Mallya has put on a brave face despite the reality that the disgraced King of the now defunct Kingfisher Airlines, has very little chance to come out of the Rs 7,000 crore debt trap. His words and body language, while addressing the press in Bangalore on ...

Explainer: Willful Defaulter   Wall Street Journal (blog)
'Will Challenge Defaulter Tag'   The New Indian Express
UB chief vows legal step to clear name   Calcutta Telegraph
Hindustan Times   
Economic Times   
The Hindu   
all 79 news articles »   

  Economic Times   
Diageo's emerging market woes deepen  Financial Times
Diageo's emerging markets headache worsened after United Spirits, the Indian drinks company it controls posted a Rs44bn ($728m) annual net loss, impaired by a hefty writedown on the sale of its Whyte & Mackay whisky. The British group took control of ...

Investors face setback as United Spirits reports loss of Rs 4489 crore; domestic ...   Economic Times
'Ties with Diageo perfect, don't try to drive a wedge'   Times of India
USL posts Rs 5380-cr loss, orders inquiry into Rs 649-cr receivables   Financial Express
Calcutta Telegraph   
Business Standard   
Hindu Business Line   
all 32 news articles »   

  Indian Express   
Tribunal stays MERC order allowing high end customers in Mumbai to shift to ...  Firstpost
The Appellate Tribunal for Electricity on Thursday stayed regulator MERC's decision to remove restrictions on consumers of all categories in making a choice of switching to Tata Power distribution services in Mumbai. Reliance Infrastructure had approached ...

Tata Power can't supply to hi-end retail consumers: Appellate Tribunal for ...   Daily News & Analysis
APTEL stays MERC order allowing high end customers to shift to Tata Power in ...   Business Standard
Aptel stays MERC order on Tata Power   Financial Express
Times of India   
Hindu Business Line   
Indian Express   
all 28 news articles »   


JSW interested in buying Italy's Ilva steel plant - sources  Business Standard
TARANTO Italy (Reuters) - JSW Steel is considering buying the Ilva steel plant in Italy, union sources said on Thursday. Ilva, privately-owned by the Riva family, is Europe's largest steel plant by output capacity and is of strategic importance to the southern ...


and more »   

  Business Today   
Sun-Ranbaxy deal may hit fair trade: CCI  Times of India
NEW DELHI: Launching the first-ever public scrutiny of an M&A deal in India, the fair trade watchdog on Thursday said it has prima facie found that the $4-billion merger of Ranbaxy Labs into rival Sun Pharma is likely to have an "appreciable adverse impact" ...

Drug deal faces tough test   Calcutta Telegraph
CCI feels Sun-Ranbaxy deal may hit competition   The Asian Age
CCI seeks public view on Ranbaxy, Sun merger   Indian Express
The New Indian Express   
Business Standard   
Reuters India   
all 47 news articles »   

  New York Times   
ECB cuts rates, launches new credit scheme as growth evaporates  Times of India
FRANKFURT: The European Central Bank cut interest rates to a fresh record low on Thursday and launched a new scheme to push money into the flagging euro zone economy. In a series of measures underscoring growing concern about the currency bloc's ...

GLOBAL MARKETS-Euro under water as ECB opens liquidity spout   Reuters
Euro under water as ECB opens liquidity tap   Business Standard
Yen Slides to 6-Year Low, Euro Set for 8th Weekly Decline   Businessweek
Wall Street Journal   
Livemint   
all 2,486 news articles »   


Small business finance firms are need of the hour, says S Gurumurthy  Hindu Business Line
India needs a separate financial architecture for non-corporate small businesses in the country, said S Gurumurthy, noted economist and financial advisor. It should be non-Basel architecture and could take the shape of 20-30 small business finance ...


and more »   

  Hindu Business Line   
Infosys, BP sign 5-yr deal; TechMa ties up with Bombardier  Hindustan Times
In a sign of an improving deal pipeline after Vishal Sikka took over as CEO, IT services major Infosys said on Thursday that it has signed a five-year contract with BP, one of its longstanding clients. Infosys will provide IT services, in particular application ...

BP extends Infosys contract by 5 years   Financial Express
Infosys bags BP contract   Calcutta Telegraph
Infosys bags five-year IT services deal from BP   Hindu Business Line
Business Standard   
NetIndian   
all 35 news articles »   

  Economic Times   
Jaiprakash Associates plunges 18%, DLF tanks 9%  Times of India
MUMBAI: Shares of two Delhi based real estate majors?Jaiprakash Associates and DLF?went on a free fall in Thursday's weak market that saw the sensex close lower after nine consecutive sessions of gains, in which the index touched new peaks. The slide ...

Jaypee Infra Ventures sells 3.53 crore shares; stocks of other group companies ...   Economic Times
Infra stocks infra dig for investors   Financial Express
JP Associates' stock cracks 18%   Business Standard
Hindu Business Line   
Moneycontrol.com   
Press Trust of India   
all 36 news articles »   

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