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Not endgame: Brazil
NEW DELHI: Coming out in support of India’s stand, the coordinator of the G-20 developing countries, Brazil, said on Friday the vexed Doha Round of trade talks had not really reached the “end game” as was being suggested by ...

It’s doable, says Pascal Lamy
NEW DELHI: The Delhi Ministerial meeting has brightened the prospects of over 150 countries, reaching an agreement to liberalise global trade in 2010, Director-General of the World Trade Organisation, Pascal Lamy, said on ...

BUSINESS
Easier FDI norms for MSEs
NEW DELHI: The Centre Government on Friday announced new liberalised Foreign Direct Investment (FDI) norms for micro and small enterprises (MSEs) replacing the current 24 per cent ceiling on foreign holding with sectoral caps. These industries ...

Re-energising Doha Round, India leads the way
“It took initiative to put together a ‘rainbow coalition’ and made inclusiveness the focal point”

52 companies submit EoIs to Coal India
KOLKATA: International mining majors from the U.S., South Africa, Australia and Indonesia are among the 52 companies, which have responded to expression of interest (EoI) sought by Coal India Ltd (CIL) for striking strategic partnerships with ...

Manmohan lauds Trade Ministers


Yeddyurappa woos Chinese investment
Visits China to showcase infrastructure projects in Karnataka

Chandrasekaran elevated at TCS
CHENNAI: Tata Consultancy Services (TCS) has confirmed the appointment of N. Chandrasekaran, the present Chief Operating Officer and Executive Director of the company, as Chief Executive Officer and Managing Director with effect from October ...

SBI cuts interest rates on farm loans
MUMBAI: State Bank of India (SBI) has announced special drought relief schemes for farmers availing of minor irrigation and crop loans. “The bank has taken this step to support farmers who have been hit by weak monsoons and ...

TI to enter infra and energy sectors
Plans to invest Rs. 75 crore in revamping its products

Cycling as a sporting activity
CHENNAI: The Managing Director of Tube Investments of India (TI), L. Ramkumar, said TI Cycles of India, a unit of TI, had sold over three million bicycles in 2008-09 and had gained 30 per cent market share. To improve ...

Dunlop Sahagunj unit to restart soon
KOLKATA: P. K. Ruia-controlled Dunlop India Ltd (DIL) is planning to restart operations at its mother plant at Sahagunj by this month-end following the settlement of a dispute over arrears between the West Bengal State Electricity Distribution ...

ArcelorMittal to buy into Uttam Galva
NEW DELHI: Uttam Galva Steels on Friday said Lakshmi Mittal-led ArcelorMittal would acquire a stake equal to that of current promoters and become a co-promoter in the company. The existing promoters hold about 40 per cent stake in Uttam ...

Canon’s new range of cameras
KOLKATA: Despite economic slowdown, Canon (India) Pvt. Ltd. has earned revenues of Rs. 665 crore in 2008. “In the first eight months of this year, Canon recorded revenues of Rs. 800 crore and we expect to close the year with a 20 ...

Rupee gains further
MUMBAI: Stretching its gains for the third straight day, the rupee closed up by three paise against the dollar on Friday at 48.88/89 on smart recovery in equity markets amid steady dollar overseas. It closed at 48.91/92 on Thursday. ...

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