Zardari wins economic deals in China Lead
INT55International/Diplomacy/BusinessZardari wins economic deals in China LeadBeijing, Oct 15 DPA Pakistani President Asif Ali Zardari held talks with Chinese President Hu Jintao Wednesday as the two nations signed economic cooperation agreements covering satellites, trade, mining, agriculture and other sectors. State media quoted Hu as saying that Zardari's family were "all old friends of the Chinese people" and praising Zardari's late wife, Benazir Bhutto, and her father, Zulfikar  read more

Posted by IANS on Friday Oct 17
SBI plans to hike overseas revenues
INT59International/BusinessSBI plans to hike overseas revenuesDubai, Oct 15 IANS India’s largest commercial bank State Bank of India SBI is targeting to increase its revenues from overseas operations from the current 10 percent to 25 percent.“From our foreign operations we get 10 percent of our revenues,” Praveen Gupta, SBI’s regional head and chief executive for the Middle East and North Africa MENA, said in the course of a media interaction here.“We want to take this up to 25 percent in the next five years,” he added  read more

Posted by IANS on Friday Oct 17
Hawkers in Dal Lake witness decline in business
Srinagar, Oct 10 ANI: With continued agitation and protest in Jammu and Kashmir, hawkers, mainly selling their goods to tourists in houseboats, are witnessing a decline in their business.A 52-year-old hawker starts his day by rowing from houseboat to houseboat in Dal Lake in search of customers, but all he finds are few foreign tourists relaxing in their houseboats.Farooq Ahmed Pala deals with precious and semi-precious stones and sells his products to tourists staying in houseboats.For many years,  read more

Posted by aniin on Sunday Oct 12
By Varada Bhat
BUS4BusinessCredit squeeze hits car salesBy Varada BhatMumbai, Oct 5 IANS Retail car sales by the Indian automobile industry have been hit hard by the squeeze on retail financing as banks have stopped hardselling car loans in the current economic climate, say auto industry representatives.Unlike in the past, when customers used to be inundated by phone calls from banks offering car loans, many banks are now unwilling to provide automobile loans."Even a few months back it was easy to get car loans, but not any more  read more

Posted by IANS on Monday Oct 06
Bollywood and movie merchandising - still a long way to go
NAT1National/Business/CinemaBollywood and movie merchandising - still a long way to goBy Jivraj BurmanMumbai, Oct 6 IANS Inspired by Hollywood, the Hindi film industry is beginning to go into film merchandising - introducing dolls, masks, key chains, school bags and T-shirts - and hopes to one day reap millions like in the West.In the US, manufacturers and retailers collectively earn $16 billion annually from Hollywood movie merchandise. According to a Hollywood trade report, the studios also earn  read more

Posted by IANS on Monday Oct 06
MARSEILLE
INT31International/Diplomacy/Aviation/BusinessEU, India sign civil aviation deal ahead of summitMarseille, Sep 29 DPA The European Union EU and India have signed a deal on civil aviation, effectively legalizing 26 separate deals which India had held with individual EU member states, ahead of their annual summit Monday, officials confirmed. The deal was signed late Sunday by India's ambassador to the EU and officials from the French government and the EU's bureaucracy just before a meeting  read more

Posted by IANS on Wednesday Oct 01
Zain Khan shines in fun film 'Hari Puttar' Hindi Film Review
ENT11Entertainment/CinemaZain Khan shines in fun film 'Hari Puttar' Hindi Film Review - Rating: **Film: "Hari Puttar: A Comedy Of Terrors"; Cast: Zain Khan, Swini Khara, Sarika, Lillette Dubey, Jackie Shroff, Vijay Raaz, Saurabh Shukla; Director: Lucky Kohli and Rajesh Bajaj; Rating: ** A child accidentally left behind alone at home tries to protect his house against two funny criminals - does this ring a bell You guessed it right, "Harri Puttar", which Hollywood studio  read more

Posted by IANS on Tuesday Sep 30
West Bengal government, Tatas in secret deal: Mamata
BUS26Business/National/EconomyWest Bengal government, Tatas in secret deal: MamataSingur, Sep 26 IANS Amidst signals of an imminent pullout by Tata Motors from here, Trinamool Congress chief Mamata Banerjee Friday alleged there was a clandestine deal between the auto major and the West Bengal government.Referring to the Sep 7 agreement inked between the government and the opposition in the presence of state Governor Gopalkrishna Gandhi, Banerjee said: "As per the accord, only the vendors were supposed to stop work  read more

Posted by IANS on Sunday Sep 28
London, Sep 26 IANS Sri Lankan sports minister has allowed p
SPO14SportsSri Lankan minister allows players to play in IPLLondon, Sep 26 IANS Sri Lankan sports minister has allowed players to play in the second season of million-dollar Indian Premier League IPL even if it meant sending a weakeened team to the summer tour to England. The Sri Lankan board met with their government earlier this week and were told by sports minister Gamini Lokuge that they must not undermine their relationship with the powerful Indian cricket authorities even if they have to send a second grade team to England next year, media here reported  read more

Posted by IANS on Sunday Sep 28
People are skeptical about market: Chairman of Earthstone Gr
Mumbai, Sept 25 ANI/Business Wire India: Financial markets are all about confidence in the system and an underlying assumption that system will not fail. But, after the bankruptcy of Lehman Brothers in USA and Northern Rock in the UK and the bailout of Fannie, Freddie and AIG investors, people have lost confidence in the system. In fact, some people have even started being skeptical, if any system exists at all.Their doubts are not unfounded as the tricky web of Credit Default Swaps CDS and Collateralized  read more

Posted by aniin on Sunday Sep 28
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