Recently added articles from Economic Times (New Delhi, India):
Reliance shuts agricultural collection centres.
Oct 02, 2007 ... Byline: Mayur Shekhar Jha Oct. 2--NEW DELHI -- Reliance Retail, the wholly owned subsidiary of Reliance Industries' which is setting up food-to-footwear retail chains across the country, has decided to shut its agricultural collection centres in Punjab, Rajasthan, Madhya Pradesh ...
Air fares fly north as consolidation ends price wars.
Oct 02, 2007 ... Byline: Nirbhay Kumar Oct. 2--NEW DELHI -- Consumers are facing the brunt of consolidation in the airline industry with fares going up across various classes and sectors. Freebies like tickets for Rs 50 or Rs 100 or even Rs 500 have disappeared from the market and GoAir seems to ...
Get ready to pay more per flight.
Oct 02, 2007 ... Oct. 2--NEW DELHI -- Oil marketing companies have increased the price of aviation turbine fuel (ATF) by 4.2 percent, forcing airlines, already operating on thin margins, to pass on the hike to passengers. Public sector firms Indian Oil, Hindustan Petroleum and Bharat Petroleum on Monday ...
New mobile licences may come with lock-in clause.
Oct 02, 2007 ... Oct. 2--KOLKATA/NEW DELHI -- With the queue for telecom licences getting longer by the day, the department of telecommunications (DoT) is planning to introduce a lock-in period to weed out non-serious applicants. Such a lock-in is likely to apply on two counts -- exit lock-in and ownership ...
Soon, Bharti to offer mobile money transfer.
Oct 02, 2007 ... Byline: Joji Thomas Philip Oct. 2--NEW DELHI -- India's largest mobile service provider Bharti Airtel is all set to unveil the mobile money transfer services in India. The company will launch host of value-added services, primarily related to M-commerce applications. ...
Zooming sales fail to cheer Pantaloon.
Oct 02, 2007 ... Byline: Supriya Verma Oct. 2--Pantaloon Retail's FY07 results highlight the gloomy state of affairs in the retail industry despite expanding toplines. Most modern format retailers are witnessing pressure on margins. Increasing rentals, huge inventory build-up, and bulging ...
India Inc sets sights on rural retailing.
Oct 02, 2007 ... Oct. 2--NEW DELHI -- Organised retailing may have not set its foot firm in metros and other major cities yet, but corporate India is already firming up concrete plans to tap the $100-billion rural retail market with innovative schemes and human resource policies. What has ...
Bharti Airtel launches Blackberry smartphone.
Oct 02, 2007 ... Oct. 2--NEW DELHI -- Bharti Airtel has launched a Blackberry smartphone that allows users to know their exact location, along with its connection. The model, Blackberry 8820, is priced at Rs 31,990 and is also available with Vodafone connections. The new model has the current ...
AT&T leads last day rush.
Oct 02, 2007 ... Oct. 2--NEW DELHI -- Ending days of speculation, US telecom major AT&T on Monday said that it has applied for licences to offer telecom services in all the 22 circles in the country. AT&T will be partnering with Mahindra Telecommunications, a subsidiary of the Mahindra group, ...
DoT to seek details of rollout plans, partners and funding.
Oct 02, 2007 ... Byline: Joji Thomas Philip Oct. 2--NEW DELHI -- With close to 200 new applications on the last day on Monday, pushing the total number of telecom licence applications to over 400, the department of telecom (DoT) is considering measures to weed out non-serious players. ...
Hinduja TMT plans telecom foray.
Oct 02, 2007 ... Oct. 2--MUMBAI, India -- Hinduja TMT Ltd, renamed as Hinduja Ventures Ltd, is set to apply for telecom licenses. Hinduja TMT, in the past, had run mobile telephony services in Gujarat circle through Fascel Ltd, under the brand name Cell Force, and later consolidation with Hutch for ...
Airtel breaks into world's Top 10 with 50m users.
Oct 02, 2007 ... Oct. 2--NEW DELHI -- Bharti Airtel on Monday announced that its customer base, including landline and broadband services, had crossed 50 million from 25 million in July last year. With this, Bharti has become the first Indian telecom company to break into the global top 10 ...
Now, RIL wants DoT to speed up captive frequency.
Oct 02, 2007 ... Byline: Joji Thomas Philip Oct. 2--NEW DELHI -- Mukesh Ambani's Reliance Industries has accused the Wireless Planning and Co-ordination Wing (WPC) of the department of telecom (DoT) of going slow on its application for Wireless Telegraph Licence. In a communication ...
Publicis scouts for digital agency in India.
Oct 01, 2007 ... Byline: Ravi Balakrishnan Oct. 1--MUMBAI, India -- Shortly after acquiring the Delhi-based Capital advertising, Publicis Worldwide, the flagship agency of the Paris-based Publicis Groupe, is now on the lookout for an agency to bolster its digital offering. Publicis Worldwide COO ...
Airlines fly low on fleet expansion.
Oct 01, 2007 ... Byline: Cuckoo Paul Oct. 1--MUMBAI, India -- The sea of red floating about on the balance sheets of domestic Indian airlines is finally leading to a rethink on capacity induction, at least among some airlines. The Kingfisher Airlines-Air Deccan combine has decided to shrink its ...
This developer let farmers retain their land.
Oct 01, 2007 ... Byline: Gouri Agtey Athale Oct. 1--When you attach your name to a real estate project, there has to be a lot more confidence in yourself and the project than if it were one of the more esoteric project names so common today. But Satish Magar, chairman and managing ...
Moser Baer to buy Ultra Videos' movie library.
Oct 01, 2007 ... Byline: Sonali Krishna Oct. 1--MUMBAI, India -- Home entertainment player Moser Baer has clinched a deal with Ultra Videos to acquire the latter's entire movie library, including some of Bollywood's biggest blockbusters such as Sholay and Hum Aapke Hain Kaun. Moser Baer pipped ...
HAL ties up with Canada's CAE for training centre.
Oct 01, 2007 ... Oct. 1--BANGALORE, India -- Hindustan Aeronautics (HAL) has entered into an alliance with Canada-based CAE, provider of simulation and modelling technologies and integrated training services for the civil and defence aviation, to set up a helicopter simulator training centre here. ...
Meet bloggers who are mad about movies.
Oct 01, 2007 ... Byline: Ketan Tanna Oct. 1--On September 18, when Anurag Kashyap came across a YouTube video of his film Paanch, which has yet to be released in the market, the first thing he did was write a quick blog on passionforcinema.com. The words tumbled forth. "I woke up this ...
Foundries set for a scorcher.
Oct 01, 2007 ... Oct. 1--CHENNAI, India -- The Indian foundry industry is on a bullish growth curve, having the potential to produce 10 million tonnes by 2012. The fifth largest producer of castings in the world has an annual production capacity exceeding six million tonnes, worth about $8.3 billion. ...