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Just in:   • Grief and grit as Indians remember 60 hours of terror  • 'Young Turks need to find alternate ways for finance'  • Emerging countries to discuss US climate offer at Beijing  • New EU rules seen raising cost of Indian chemicals exports  • Wall Street stocks gain on optimism for US economy  Last updated: 07 Oct, 2009    Business Services IT sector to grow 4-7 percent this fiscal: Nasscom SME Times News Bureau | 11 Nov, 2009 Nation's IT sector will grow between 4-7 percent this fiscal and is expected to see higher growth next year, a top industry official said in New Delhi on Tuesday..    Read more.... Bharti Airtel not looking for new buys, says Sunil Mittal SME Times News Bureau | 09 Nov, 2009 Bharti Airtel chief Sunil Mittal has said his company was not actively looking for new acquisitions after its talks for a mega billion-dollar tie-up with South Africa's MTN group collapsed..    Read more.... Jet Airways posts net loss of Rs.406 cr SME Times News Bureau | 28 Oct, 2009 Private carrier Jet Airways has posted a net loss of Rs.406.7 crore ($90.38 million) for the quarter ended Sep 30 as compared to a loss of Rs.384.5 crore reported during the like period last year. .    Read more.... Murthy sells Infosys shares to fund young entrepreneurs SME Times News Bureau | 23 Oct, 2009 Infosys Technologies chief mentor and chairman N.R. Narayana Murthy has sold 800,000 shares, valued at Rs.177 crore (Rs.1.77 billion/$37.9 million), from his holding in the company to fund young entrepreneurs with brilliant ideas..    Read more.... Allahabad Bank net profit up 700 percent in Q2 SME Times News Bureau | 23 Oct, 2009 City-based public sector bank Allahabad Bank posted a net profit of Rs.333.59 crore for the quarter ended Sep 30, 2009, a growth of 700 percent from Rs.41.68 crore recorded in the corresponding period last fiscal (2008-09), a top bank official said in Kolkata on Thursday..    Read more.... UCO Bank's second quarter net at Rs.207.7 crore SME Times News Bureau | 16 Oct, 2009 State-owned UCO Bank has posted a net profit of Rs.207.72 crore for the second quarter of the current fiscal, it said on Thursday. .    Read more.... SMEs can benefit from SATTE 2010 Saurabh Gupta | 15 Oct, 2009 SMEs in the travel and tourism sector can take advantages from SATTE 2010, B2B exhibition in travel and tourism, Navin Berry, Chief Coordinator, SATTE, told SME Times on the sidelines of an event in New Delhi. .    Read more.... GE merges healthcare units with Wipro joint venture SME Times News Bureau | 03 Oct, 2009 GE Healthcare has integrated its business units and manufacturing plants in India with its joint venture Wipro GE Healthcare to drive growth, the company said Friday..    Read more.... More BPO service providers will exit market: Gartner SME Times News Bureau | 01 Oct, 2009 More business process outsourcing (BPO) service providers in India will exit the market in coming years, as it is difficult for them to stay afloat in the current form due to the slowdown, according to a study released in New Delhi on Wednesday..    Read more.... Commodity exchanges get six months to cut foreign holding SME Times News Bureau | 01 Oct, 2009 Commodity exchanges in which foreign holding has exceeded permissible levels will get time till March to bring down the excess foreign holding, the government said Wednesday. The earlier deadline ended Sep 30..    Read more....   Top Stories » 'Young Turks need to find alternate ways for finance' » Changes in Direct Taxes for gems, jewellery industry sought » No need to ban cotton export, says Maran » Focus on R&D, skill development: Nath » Focus on non-agri exports to Phillipines, govt. to exporters   Commented Stories » Central Sales Tax (CST) not brought down to 2 percent: report(11) » Ban on cotton exports - justified?(5) » SBI's centralised SME loan process to ensure better loan processing(2) » Foreign Exchange Management Act, 1999 (FEMA) Chapter III(1) » 'SMEs must take advantages of e-marketing'(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 27 Nov, 2009   Daily Poll Do you agree the government should announce another stimulus package for the exporters?  Yes  No  Can't say

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