The Hindu Business Line : Saturday, February 23, 2008

Inflation at 6-month high on food prices
New Delhi, Feb. 22 Higher food prices pushed up inflation to a six-month high of 4.35 per cent in early February. Official data released on Friday showed the Wholesale Price Index for the week up to February 9 was higher than the previous 4.07 ... More

Foreign cos take to highways
New Delhi, Feb 22 Indian road construction projects seem to have caught the fancy of large foreign players in a big way. Out of five successful bidders for projects to widen four lane highways to six lanes which were announced today, foreign ... More

Overloading of rail wagons continues despite enhanced limits
TRACK CONCERNS More

Nissan, Renault sign MoU with TN for car project
Cos will hold equal share in the venture; to invest Rs 4,500 cr More

Will the Railway Minister dare to think differently?
In election year Lalu Prasad may not go in for hard options More

Costlier foods drive inflation rate to 6-month high at 4.35%
Wholesale Price Index of all commodities up at 218.1 More

GSK Pharma gains from vaccines, priority products
Q4 net profit rises 19% to Rs 80.9 cr; to pay Rs 18 More

Business confidence index rises 5.4% in Q3
The Business Confidence Index (BCI) of Indian industry appears to be inching up to the peak level of January 2007, even as the rise is minimal in the case of consumer non-durables. In its latest BCI tracked by the non-profit think-tank ... More

No capital gains on transfer of ‘exchangeable bonds’ outside India
FCEB taxation lacks clarity on cost of acquisition of shares More

Cognizant to raise global headcount by 19,600 in 2008
Over 75% of net addition to be in India centres More

Gold demand slumped in Q4 last year on higher prices
Annual gold demand in the country increased to 773.6 tonnes, according to World Gold Council’s (WGC) report ‘Gold Demand Trends’.Of the total demand of 773.6 tonnes in 2007, 558.2 tonnes came from the jewellery sector ... More

Rapid rollout planned for Reliance Hyper
Group looking at distributed leadership model More

Cement sector: Looking for relief on input costs, excise
The 2007 Budget saw unexpected moves to curtail the steady rise in cement prices. However, a tight-demand supply situation has seen cement prices continue to rise over the past year, despite these measures. Cement manufacturers have ... More