Archive for the ‘Business’ Category

Around 150 passengers and four crew members of a Jet Lite flight had a narrow escape Tuesday when the aircraft was hit by a bird soon after take-off from the airport here and had to make an emergency landing, airport sources said. Airport sources said the pilot of the Bangalore bound flight which took off at 6 p.m. made an emergency landing at the NSC Bose ... Full story

Indian equities were trading in the green Wednesday afternoon, with a key index ruling 140 points higher than its previous close. At 1.31 p.m., the sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened higher at 16,498.59 points, was up 140.54 points or 0.85 percent at 16,594.99 points. Around the same time, the S&P CNX Nifty of the National Stock Exchange (NSE) was also in ... Full story

Sydney, Sep 16 (IANS) A box of 12 Australian mangoes received a record bid price of $40,000 at a fundraiser here. The Age reported that Sydney Markets staged its 19th annual charity auction Wednesday to mark the official start of the mango season and raise money for the Westmead Children’s Hospital and the Prostate Cancer Foundation of Australia. The season’s first tray of 12 Blush Packing House ... Full story

Kolkata, July 16 (IANS) The country’s largest lead acid storage battery manufacturers Exide Industries Ltd posted net profit after tax of Rs.122.4 crore for the quarter ended June 30, 2009, as compared to Rs.82.2 crore for the corresponding period last year. The total income has decreased from Rs.908.88 crore for the quarter ended June 30, 2008, to Rs.904.35 crore for the quarter ended June 30, 2009, ... Full story

After its land acquisition for industry went wrong twice, and with adverse consequences for it, the West Bengal government Thursday said henceforth the industrialists will have to directly purchase land from farmers. The government will no more acquire land for industries, Finance Minister Asim Dasgupta told the state assembly. However, in case an industrialist has problems with acquiring a small amount of land after purchasing a lumpsum, ... Full story

Maruti Suzuki has come up with a new limited Edition Maruti alto Flash.With Extra Added Features if  you compare to old marutis Alto Flash comes with Power windows,leather seat covers Design Seems to be very Attractive.Maruti has planned to launch it in 5 colors silky silver, pearl silver, blue blaze, fire brick red and white. ... Full story

The US House of Representatives signed off Thursday on more than $95 billion for the wars in Iraq and Afghanistan. The House voted 368-60 to approve the $97-billion spending bill, which includes money to help Pakistan fight militants. US Defence Secretary Robert Gates has urged quick pass of the measure, warning that war funding could begin drying up by July. The bill contains $38 billion for day-to-day ... Full story

With a growing convergence of interests ranging from combating terrorism to getting the global economy back on track, President Barack Obama’s administration will seek an expanded strategic partnership with India, a top US diplomat says. “With India we will seek an expanded strategic partnership, building on the growing convergence of our interests and values,” Robert O. Blake told the Senate Foreign Relations Committee Thursday at his ... Full story

Have two Indians actually discovered a way to make petrol out of polythene waste? In an unusual ruling, the Supreme Court, while ordering trial of two Madhya Pradesh men for allegedly defrauding two Dalits of their “invention” to make petrol from polythene bags, has kept quiet on the authenticity of their claim. A bench of Justice Tarun Chatterjee and Justice H.L. Dattu restored the prosecution of ... Full story

Kolkata, May 9 (IANS) State Bank of India (SBI), the country’s largest lender, has posted a net profit of Rs.9,121 crore for 2008-09 as against Rs.6,729 crore the year before, a rise of 35.5 percent. “Net profit for the fourth quarter (January-March) of 2008-09 increased 45.62 percent to Rs.2,742 crore from Rs.1,883 crore in the corresponding quarter of 2007-08,” SBI chairman O.P. Bhatt told reporters here. The ... Full story