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Just in:   • 'Indian manufacturing industry set to grow'  • SMEs will get priority in India-EU deal: Anand Sharma  • Fill supply-demand gap between Australia-India: Experts  • Head of GM Europe may join Tata motors: Report  • India has a seat at table of global influence: US official 
Last updated: 07 Oct, 2009  
 Industry News


'Indian manufacturing industry set to grow'
Namrata Kath Hazarika | 07 Nov, 2009
India is taking off in the field of manufacturing eventually, said Ajay Shankar, Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce & Industry at the India-EU summit organized by Confederation of India Industries (CII) in New Delhi on Friday.
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Head of GM Europe may join Tata motors: Report
DPA | 07 Nov, 2009
The European chief of General Motors (GM), Carl-Peter Forster, may switch to Indian car manufacturer Tata, German media reported Saturday.
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State Bank lowers deposit rates
SME Times News Bureau | 07 Nov, 2009
The country's largest lender State Bank of India has lowered deposit rates by 25-50 basis points on amounts less than Rs.1 crore effective Nov 9.
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No change in foreign equity norms in retail, aviation: Anand Sharma
SME Times News Bureau | 07 Nov, 2009
Commerce Minister Anand Sharma Friday said there would be no review of present policy on foreign direct investment in the retail and aviation sectors.
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Rising prices of food articles pinch common man
SME Times News Bureau | 07 Nov, 2009
Forget the season's exotic vegetables, even the common potato, tomato and onion are now beyond the common man's reach.
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Infosys offers multi-function human resource solutions
SME Times News Bureau | 07 Nov, 2009
Infosys Technologies, in association with Oracle, will offer managed services platform that will help companies streamline their human resource (HR) operations and reduce costs.
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Murthy's wife sells 2 mn Infosys shares for Rs.4.3 bn
SME Times News Bureau | 06 Nov, 2009
Sudha Murthy, wife of Infosys' Technologies co-founder N.R. Narayana Murthy, sold two million shares of her holding in the IT bellwether for over Rs.430 crore (Rs.4.3 billion/$91.5 million), the company said Thursday.
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Tata Chemicals to commission new plant next year
SME Times News Bureau | 06 Nov, 2009
Tata Chemicals Thursday said its fertiliser plant in Babrala, Uttar Pradesh, will start production by middle of next year.
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Support price for wheat hiked by Rs.20
SME Times News Bureau | 06 Nov, 2009
The government Thursday hiked the minimum support price (MSP) of wheat by Rs.20, barley by Rs.70 and gram by Rs.30 per quintal for the current rabi crop.
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Govt mulling FDI increase for print media: Soni
SME Times News Bureau | 06 Nov, 2009
Information and Broadcasting Minister Ambika Soni Thursday said the government was assessing the request of media houses to scale up FDI from the existing 26 to 49 percent in the print media and promised her support to the recession-hit magazine business in India.
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  Top Stories
» SMEs will get priority in India-EU deal: Anand Sharma
» India, EU ink n-pact; likely to clinch trade pact by 2010
» New price index shortly, says commerce ministry
» PM to inaugurate India Economic Summit on Sunday
» Textile manufacturers eying domestic market: report
 
Commented Stories
» Industrial city Kanpur at its deathbed(2)
» PMEGP to assist entrepreneurs financially: Dinesh Rai(2)
» Another stimulus package for exporters?(2)
» MSME Ministry proposes new scheme(1)
» The Silk Road - A journey through history(1)
  Customs Exchange Rates
Currency Import Export
US Dollar
47.30
46.40
UK Pound
77.50
75.55
Euro
70.65
68.90
Japanese Yen 51.60 50.15
As on 07 Nov, 2009
  Daily Poll
Do you agree the government should announce another stimulus package for the exporters?
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