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Breaking News Wed, 23 Jul 2008
INDIA-MINE-FIRE
(photo: WN / Bhaskar Mallick)
As markets contract, miners offer a refuge from trouble
The Times
| In the past two months the world's largest mining groups have lost more than 25 per cent of their value as investors have grown concerned about the impact of an economic slowdown on demand for their products. Shares in BHP Billiton, Rio Tinto, Anglo American and Xstrata have slumped since the end ...
 Apple Mac Shop, Ginza, Tokyo
(photo: wn photo)
Vertex (India) CEO is Apple lover, BlackBerry fan
The Times Of India
|                 Vertex (India) CEO Ashish Taneja is an Apple patron as he doesn’t like fiddling with too many brands. While 3G iPhone is on his wishlist, his tool kit already boasts of other Apple products —MacBook Pro (laptop) and iPod Nano. On the...
Indian shares surge 5.9 pc
Gulf Daily News
| MUMBAI: Indian shares rose 5.9 per cent yesterday, their biggest single-day rise in four months, as investors betted the government would revive stalled economic reforms after it won a confidence vote. | Financial stocks such as ICICI Bank led the ...
Ask Leo: What's bad about the trade in human hair for hair extensions?
The Guardian
| Your ethical dilemmas sorted | I saw the recent TV programme about the trade in human hair for use as hair extensions. Come on, it grows back and provides an income for women facing extreme hardship. What's so bad? | W Stuart, North Yorkshire | As ...
As markets contract, miners offer a refuge from trouble
The Times
| In the past two months the world's largest mining groups have lost more than 25 per cent of their value as investors have grown concerned about the impact of an economic slowdown on demand for their products. Shares in BHP Billiton, Rio Tinto, Angl...
TutorVista.com gets $18-m PE funding
The Times Of India
|                 NEW DELHI: TutorVista.com, the consumer online education services company, has raised $18 million from PE player Sequoia Capital and LightSpeed Venture Partners to fund its expansion into...
Chinese company to power RPL equipment plan
The Times Of India
|                 NEW DELHI: In what could be a direct challenge to BHEL, the state-run monopoly in the power equipment space, Reliance Power is set to enter the sector in collaboration with the $7-billion...
oranges health food /ntf1
Creative Commons / Benjamin D. Esham
Insufficient rain to hit orange growers
The Times Of India
| 24 Jul 2008, 0344 hrs IST, Snehlata Shrivastav,TNN             NAGPUR: Orange growers in Vidarbha are caught in a peculiar situation. On one hand th...
Pork - Meat - Market - Livestock
WN / Janice Sabnal
Punjab aims to enhance meat exports
The News International
Thursday, July 24, 2008 | By Mansoor Ahmad | LAHORE: The Punjab government, realising the potential of livestock to narrow down trade deficit, has planned to boost processed meat e...
 KLps1 - December06 - Automobile - Car - Cars - Technology - Volkswagen - China Volkswagen Showroom.(ps1)
WN/Patricia
VW plans pre-owned car biz
The Times Of India
| 24 Jul 2008, 0022 hrs IST, Pankaj Doval,TNN             NEW DELHI: Volkswagen, Europe’s biggest carmaker, will be making a big push into the India...
FIIs view surge in markets as short-term positive
The Times Of India
|                 MUMBAI: It may be possible that foreign portfolio investors, who have pulled out over $5 billion since the beginning of this year, see the latest political developments in the country as ...
Chicago Mercantile, banks may team up for currency trading
The Times Of India
|                   | MUMBAI: India’s two major stock exchanges — the National Stock Exchange (NSE) and the Bombay Stock Exchange — may have to ready themselves to take on a new competitor. A cl...
Rupee posts strong gains as Indian shares rise 6%
Gulf News
| Mumbai: India's rupee rose by the most in more than a decade and stocks and bonds soared on speculation the government will allow more overseas investment in the financial industry after surviving a confidence vote in parliament. | The currency str...
Dubai hotels slash room rates by 50%
Gulf News
| Dubai: Hotels in Dubai have slashed room rates by an average 50 to 60 per cent to attract more guests in the low summer season as occupancy has slumped and new properties have created more competition. | With few trade exhibitions and conferences d...
Money
Indian Airlines Dornier Do-228-201 VT-EIO
(photo: Creative commons)
Indian airlines flush out costs
Asia Times
| By Neeta Lal | NEW DELHI - India's state-owned and private airlines, battling surging oil prices and dwindling load factors, are devising ingenious ways to whittle operational costs. | Retrenching staff, rationalizing routes and delaying expansion plans aren't the only actions they are taking. More desperate measures include pulling newspapers an...
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