http://feeds.business-standard.comThe latest news from India's most respected business daily.enBusiness Standard LimitedTue, 10 Nov 2009 19:45:02 GMTNewspapersBS RSS Generator10http://feeds.business-standard.com/images/logo_small.gifhttp://feeds.business-standard.com14428Business Standardhttp://feedproxy.google.com/~r/Business-Standard-News-Now/~3/pPi78LcLLzo/storypage_c.phpTrades between FIIs generated a volume of Rs 65 crore on the BSE Tuesday-an decrease of 58.90% from Rs 159 crore clocked on Monday. As many as eight stocks witnessed trades of 15 lakh shares on Tuesday.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=78001Tue, 10 Nov 2009 18:51:25 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=78001http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/Idg8ZCpTPys/storypage_c.phpBritish financial service firm Lloyds Banking Group Plc will slash 5,000 jobs by the end of next year, a media report says.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=78000Tue, 10 Nov 2009 16:25:13 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=78000http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/c7riHBkAueI/storypage_c.phpState-run Rural Electrification Corporation (REC) today said it has received approval from the Power Ministry approval for its proposed follow-on public offer (FPO).http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77999Tue, 10 Nov 2009 16:17:01 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77999http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/9UZ-yce69KQ/storypage_c.phpState-owned IIFCL plans to raise $500 million (around Rs 2,500 crore) through commercial papers-- a debt instrument-- to finance infrastructure projects, a senior official of the company today said.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77998Tue, 10 Nov 2009 16:09:03 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77998http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/L58Mf43-FyM/storypage_c.phpThe central government has approved $1.6-billion field development plan (FDP) for Gujarat State Petroluem Corporation's (GSPC) Deendayal west block in the Krishna-Godavari basin.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77997Tue, 10 Nov 2009 15:59:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77997http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/XN-kpgj60ik/storypage_c.phpThe government is likely to announce more sops to exporters engaged in labour-intensive sectors like engineering, Minister of State for Commerce and Industry Jyotiraditya Scindia said today.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77996Tue, 10 Nov 2009 15:51:11 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77996http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/X1LTsNTt24M/storypage_c.phpThe Union government had alloted Morga II block in Chhattisgarh to GMDC, while Naini block in Orissa was alloted to it jointly with Pondicherry Industrial Promotion Development and Investment Corporation (PIPDICL).http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77995Tue, 10 Nov 2009 15:40:12 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77995http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/Mom3aZtOgQM/storypage_c.phpEuropean auto major Volkswagen Group today said it is looking at capturing 8 per cent share in the Indian car market in next 4-5 years on the back of new launches and increased production at the Pune plant.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77993Tue, 10 Nov 2009 15:13:52 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77993http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/H9_xyu9MB4c/storypage_c.phpThe country's largest private sector lender, ICICI Bank, today said there would be no revision in interest rates for sometime, even as major players like State Bank of India (SBI) and Punjab National Bank (PNB) have slashed deposit rates.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77992Tue, 10 Nov 2009 14:56:48 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77992http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/c-d88wU8vbI/storypage_c.phpThe Mumbai Metropolitan Region Development Authority (MMRDA) will be investing over Rs 5,000 crore to set up a state-of-the-art innovation park on the outskirts of the city.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77990Tue, 10 Nov 2009 14:46:45 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77990http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/gWQ9I_XWJ_g/storypage_c.phpPrivate equity firm TVS Capital managed TVS Shriram Growth Fund I today said it has picked up a little over 35 per cent stake in two facility management service firms for about Rs 35 crore.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77989Tue, 10 Nov 2009 14:36:12 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77989http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/1Zr8foBOsfE/storypage_c.php"The main agenda is adoption of accounts for the previous financial year," sources close to the development said. The meeting, to be held in Chennai, is also likely to discuss route and capacity rationalisation as part of the cost-cutting proposals.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77988Tue, 10 Nov 2009 14:28:03 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77988http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/H2qDG1Acs9Y/storypage_c.phpUAE-based handset maker Spark Mobiles today said it will foray into the Indian market by December this year and has earmarked about Rs 100 crore for marketing activities.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77987Tue, 10 Nov 2009 14:12:02 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77987http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/sOfdA3Lv_0g/storypage_c.phpMarket regulator Securities and Exchange Board of India (Sebi) today banned Pyramid Saimira Theatre (PSTL) from dealing in stock markets for seven years after it found that the company colluded with seven persons to corner the portion reserved for employees in its initial public offer in 2006.??"PSTL is restrained from dealing in securities in any manner whatsoever or accessing the securities market, directly or indirectly, for a period of seven years," Sebi said in ahttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77991Tue, 10 Nov 2009 14:08:00 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77991http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/oZNcj1gWlGg/storypage_c.phpA Kingfisher Airlines ATR aircraft with 42 passengers and four crew onboard overshot the runway after it landed at Mumbai Airport today.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77986Tue, 10 Nov 2009 14:02:34 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77986http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/RdG66AEuohg/storypage_c.phpMukesh Ambani-firm Reliance Industries (RIL) today told the Supreme Court that the family MoU of 2005 was irrelevant for arriving at a suitable arrangement for the supply of gas to brother Anil Ambani's Reliance Natural Resources (RNRL).http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77985Tue, 10 Nov 2009 13:50:20 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77985http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/ZjcM_nd60zY/storypage_c.phpHiranandani-promoted HIRCO will invest up to $5 billion (Rs 25,000 crore) in developing two integrated townships in the country over the next 10 years.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77984Tue, 10 Nov 2009 13:47:11 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77984http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/LdmXiTbb_tk/storypage_c.phpEU antitrust regulators said today that they are investigating whether Thomson Reuters Corp is breaking monopoly abuse rules by preventing customers from applying their own codes to financial market data feeds.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77983Tue, 10 Nov 2009 13:36:35 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77983http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/175w8LIvNzI/storypage_c.phpBritish banking major Barclays today reported a fall of 54 per cent in the third quarter profit after tax at 1.07 billion pounds, impacted by rising impairment charges.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77982Tue, 10 Nov 2009 13:33:02 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77982http://feedproxy.google.com/~r/Business-Standard-News-Now/~3/DAOOn9LMnPc/storypage_c.phpState-owned Union Bank of India (UBI) today said it has sought financial assistance to the tune of Rs 1,800 crore from the government to meet credit growth in the coming years.http://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77980Tue, 10 Nov 2009 13:26:23 GMThttp://business-standard.com/common/storypage_c.php?leftnm=10&bKeyFlag=IN&autono=77980