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Just in:   • Inflation surges to 7.83 percent, Chidambaram urges patience  • Export textile machinery and components to Bangladesh  • Behind Cannes fest glitz, Bollywood does brisk business  • EU-Latin America summit voices concern over food prices  • Market moves ahead shrugging off inflation, rising crude  Last updated: 24 Apr, 2008    Industry News Behind Cannes fest glitz, Bollywood does brisk business Jivraj Burman | 17 May, 2008 Behind the glitz and glamour of the Cannes film festival, it is hard business for the Indian filmmakers and entertainment houses camping there. Deals are being inked and announcements of tie ups made during the prestigious festival that began Wednesday..    Read more.... Reliance Big Entertainment to spend $1 bn on films N. Vidyasagar | 17 May, 2008 Reliance BIG Entertainment, the media and entertainment arm of the $75 billion Reliance Anil Dhirubhai Ambani group, Friday announced that it would spend $1 billion on the Indian film and entertainment business over the next 12-15 months..    Read more.... Posco, Tata projects may commence soon: official Staff Reporter | 17 May, 2008 Sounding an optimistic note on the stalled steel plant projects of South Korean steel major Posco and the Tata Group in Orissa, union Steel Secretary R.S. Pandey Friday said the projects may start by the end of June..    Read more.... Gail may be part of Trans-Sahara gas pipeline Staff Reporter | 17 May, 2008 Algerian Ambassador Noureddine Bardad-Daidj Friday said that the public sector Gas Authority of India Ltd (Gail) may be part of the $13-billion Trans-Sahara gas pipeline project..    Read more.... Tata Motors launches eco-friendly Indica model IANS | 17 May, 2008 Tata Motors Friday launched a new dual fuel, eco-friendly model of its Indica range of vehicles..    Read more.... John Laing to set up first India office, bid for roads Staff Reporter | 17 May, 2008 British construction and maintenance giant John Laing is to open its first India office in order to beef up its presence in Asia..    Read more.... L&T, GE Energy to jointly focus on power generation Staff Reporter | 16 May, 2008 Engineering and construction major Larsen & Toubro (L&T) Friday said it will explore the potential of the Indian power generation market along with Atlanta headquartered GE Energy..    Read more.... Why Chandigarh hotels just love cricket! Jaideep Sarin | 16 May, 2008 Top-end hotels in Chandigarh just love the new T20 format of cricket. Be it the ongoing Indian Premier League (IPL) or the rebel Indian Cricket League (ICL), it has meant a windfall for these hotels..    Read more.... Chennai company scouting locations for petrochemical project IANS | 16 May, 2008 City-based petroleum company Chennai Petroleum Corporation Limited (CPCL) is looking for locations on the southern coast for its proposed refinery-cum-petrochemical complex in Tamil Nadu, a company official said here Thursday..    Read more.... NTPC's FPO proposal rejected Staff Reporter | 16 May, 2008 The government has rejected National Thermal Power Corporation (NTPC) Limited's proposal to raise about Rs.60 billion through a follow-on public offer..    Read more....   Top Stories » Inflation surges to 7.83 percent, Chidambaram urges patience » Market moves ahead shrugging off inflation, rising crude » Export cargo to now get transit insurance cover » No increase in steel price for next three months: SAIL » CII outlines 10-point agenda for MSMEs   Commented Stories » Kalam releases handbook for small entrepreneurs(28) » Central Sales Tax (CST) not brought down to 2 percent: report(12) » India-Africa trade: more incentives could double exports to Africa(9) » SMEs - help yourself to succeed(8) » US calling - opportune time for Indian exporters(6)   Customs Exchange Rates Currency Import Export US Dollar 40.50 39.90 UK Pound 80.05 78.70 Euro 63.65 62.55 Japanese Yen 38.95 38.20 As on 18 May, 2008   Daily Poll Do you agree the government should review the textile export target set for this fiscal (2008-09)?  Yes  No  Can't say

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