India Business Insight articles from February 2007

India Business Insight archives from February 2007

JYOTI STRUCTURES LIMITED (ranks 311th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Jyoti Structures Limited (JSL) ranks 311th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

BIOCON LIMITED (ranks 312th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Biocon Limited (Biocon) ranks 312th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange (BSE)....

TORRENT PHARMACEUTICALS LIMITED (ranks 313th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Torrent Pharmaceuticals Limited (TPL) ranks 313th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay...

SHREE CEMENT LIMITED (ranks 314th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Shree Cement Limited (SCL) ranks 314th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

RICO AUTO INDUSTRIES LIMITED (ranks 315th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Rico Auto Industries Limited (RAIL) ranks 315th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

SHREE RENUKA SUGARS LIMITED (ranks 316th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Shree Renuka Sugars Limited (SRSL) ranks 316th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

GOODYEAR INDIA LIMITED (ranks 317th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Goodyear India Limited (GIL) ranks 317th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

AMBUJA CEMENT EASTERN LIMITED (ranks 318th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Ambuja Cement Eastern Limited (ACEL) ranks 318th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

ASHAPURA MINECHEM LIMITED (ranks 319th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Ashapura Minechem Limited (AML) ranks 319th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

PATEL ENGINEERING LIMITED (ranks 320th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Patel Engineering Limited (PEL) ranks 320th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

POLARIS SOFTWARE LAB LIMITED (ranks 321st in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Polaris Software Lab Limited (PSLL) ranks 321st in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

BASF INDIA LIMITED (ranks 322nd in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) BASF India Limited (BASF) ranks 322nd in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

ESSAR SHIPPING LIMITED (ranks 323rd in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Essar Shipping Limited (ESL) ranks 323rd in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

RELIANCE CAPITAL LIMITED (ranks 324th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Reliance Capital Limited (RCL) ranks 324th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

UNITED BREWERIES LIMITED (ranks 325th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) United Breweries Limited (UBL) ranks 325th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

JK PAPER LIMITED (ranks 326th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) JK Paper Limited (JKPL) ranks 326th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange (BSE)....

JHUNJHUNWALA VANASPATI LIMITED (ranks 327th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Jhunjhunwala Vanaspati Limited (JVL) ranks 327th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

WELSPUN INDIA LIMITED (ranks 328th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Welspun India Limited (WIL) ranks 328th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

AMTEK AUTO LIMITED (ranks 329th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Amtek Auto Limited (AAL) ranks 329th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

UNITECH LIMITED (ranks 330th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Unitech Limited (UL) ranks 330th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange (BSE). ...

GREAVES COTTON LIMITED (ranks 331st in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Greaves Cotton Limited (GCL) ranks 331st in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

GTL LIMITED (ranks 332nd in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) GTL Limited (GTL) ranks 332nd in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange (BSE)....

GODREJ CONSUMER PRODUCTS LIMITED (ranks 333rd in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Godrej Consumer Products Limited (GCPL) ranks 333rd in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay...

STEELCO GUJARAT LIMITED (ranks 334th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Steelco Gujarat Limited (SGL) ranks 334th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

ESSAR OIL LIMITED (ranks 335th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Essar Oil Limited (EOL) ranks 335th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange (BSE)....

VARUN SHIPPING COMPANY LIMITED (ranks 336th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Varun Shipping Company Limited (VSCL) ranks 336th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay...

SHOPPERS' STOP LIMITED (ranks 337th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Shoppers' Stop Limited (SSL) ranks 337th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

SUNDARAM-CLAYTON LIMITED (ranks 338th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Sundaram-Clayton Limited (SCL) ranks 338th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

MERCATOR LINES LIMITED (ranks 339th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Mercator Lines Limited (MLL) ranks 339th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

GODFREY PHILLIPS INDIA LIMITED (ranks 340th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Godfrey Phillips India Limited (GPIL) ranks 340th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay...

GARDEN SILK MILLS LIMITED (ranks 341st in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Garden Silk Mills Limited (GSML) ranks 341st in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

OMAX AUTOS LIMITED (ranks 342nd in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Omax Autos Limited (OAL) ranks 342nd in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

RUCHI INFRASTRUCTURE LIMITED (ranks 343rd in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Ruchi Infrastructure Limited (RIL) ranks 343rd in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

BANNARI AMMAN SUGARS LIMITED (ranks 344th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Bannari Amman Sugars Limited (BASL) ranks 344th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

ALEMBIC LIMITED (ranks 345th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Alembic Limited (Alembic) ranks 345th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

CLASSIC DIAMONDS (INDIA) LIMITED (ranks 346th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Classic Diamonds (India) Limited (CDIL) ranks 346th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay...

SURANA INDUSTRIES LIMITED (ranks 347th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Surana Industries Limited (SIL) ranks 347th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

CIBA SPECIALTY CHEMICALS (INDIA) LIMITED (ranks 348th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Ciba Specialty Chemicals (India) Limited (Ciba) ranks 348th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the...

BALKRISHNA INDUSTRIES LIMITED (ranks 349th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Balkrishna Industries Limited (BIL) ranks 349th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

PFIZER LIMITED (ranks 350th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Pfizer Limited (Pfizer) ranks 350th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange (BSE)....

GUJARAT GAS COMPANY LIMITED (ranks 351st in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Gujarat Gas Company Limited (GGCL) ranks 351st in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

SWARAJ MAZDA LIMITED (ranks 352nd in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Swaraj Mazda Limited (SML) ranks 352nd in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

SAKTHI SUGARS LIMITED (ranks 353rd in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Sakthi Sugars Limited (SSL) ranks 353rd in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

GRAPHITE INDIA LIMITED (ranks 354th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Graphite India Limited (GIL) ranks 354th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange...

MAHINDRA UGINE STEEL COMPANY LIMITED (ranks 355th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Mahindra Ugine Steel Company Limited (MUSCL) ranks 355th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the...

KS OILS LIMITED (ranks 356th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) KS Oils Limited (KSOL) ranks 356th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange (BSE)....

MAHINDRA & MAHINDRA FINANCIAL SERVICES LIMITED (ranks 357th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Mahindra & Mahindra Financial Services Limited (MMFSL) ranks 357th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on...

ASAHI INDIA GLASS LIMITED (ranks 358th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Asahi India Glass Limited (AIGL) ranks 358th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

DCW LIMITED (ranks 359th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) DCW Limited (DCW) ranks 359th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock Exchange (BSE)....

SAVITHA CHEMICALS LIMITED (ranks 360th in The Chartered Financial Analyst 500 listing of 2006).
February 28, 2007... (From India Business Insight) Savitha Chemicals Limited (SCL) ranks 360th in The Chartered Financial Analyst 500 listing of 2006, based on net sales for 2005-2006. The ranking considered 4,073 companies listed on the Bombay Stock...

BIG 92.7 TO GO ON AIR IN MARCH (other two FM channels - Radio Choklate and South Asia - will also go on air).
February 28, 2007... (From India Business Insight) The first FM radio channel BIG 92.7 would go on air in Orissa in the first week of Mar 2007. The other two FM channels - Radio Choklate and South Asia - will also go on air. BIG 92.7 can also be heard in...

GOVT SEEKS JAPAN HELP TO DOUBLE FISH OUTPUT (for setting up common market centre and capacity building).
February 28, 2007... (From India Business Insight) The Government of Orissa has sought Japan's assistance for development of fisheries. The thrust areas for development are; setting up a common marketing centre, capacity building and skill up-gradation of...

GIANT TOWN WITH LOLLIPOP COATING (consortium, led by real estate company DLF, to build 4,870- acre township in Dankuni).
February 28, 2007... (From India Business Insight) Government of West Bengal has signed an agreement with a consortium, led by real estate company DLF, to build 4,870-acre township in Dankuni. Other consortium companies are HDFC and Singapore-based Sentosa...

ALPS WEAVES Rs500 CR CAPACITY EXPANSION (by addition of 68,000 spindles to its two lakh spindles at its Hardwar and Ghaziabad units).
February 28, 2007... (From India Business Insight) Ghaziabad-based Alps Industries producing home furnishings would invest Rs500 crore for capacity addition. It will add 68,000 spindles to its existing 2 lakh spindles. It plans to raise both spinning and...

SATELLITE TOWN RING ROAD PLANNED IN BMRDA REGION (construction of 364-kilometre ring road with an investment of Rs5,340 crore).
February 28, 2007... (From India Business Insight) Government of Karnataka has decided to construct a 364-kilometre (km) satellite town ring road within the region of Bangalore Metropolitan Region Development Authority (BMRDA). It envisages investment of...

UNIVERSITY OF COFFEE SET UP IN BANGALORE (launched by the Italian Illycaffe to promote knowledge of coffee cultivation and trade among growers).
February 28, 2007... (From India Business Insight) Italy-based Illycaffe S.p.A., a roaster of Espresso coffee, has launched a University of Coffee in Bangalore. The objective is to promote knowledge on the industry to the growers. It will train 400 coffee...

KALAM TO LAUNCH 'SUVARNA GRAMODAYA' (scheme that will cover 28,000 villages in Karnataka at a cost of Rs1 crore each).
February 28, 2007... (From India Business Insight) The President of India, SPJ Abdul Kalam, is to launch the Suvarna Gramodaya programme of the Government of Karnataka at Srinivasa Saradgi village in Gulbarga District. It will provide urban facilities in all...

TATA COFFEE TO SET UP PRODUCTION UNIT IN UGANDA (with an investment of Rs70 crore for a 3,600-tonne capacity unit).
February 28, 2007... (From India Business Insight) Tata Coffee is to establish a coffee production centre in Uganda in Africa. It will involve an investment of Rs70 crore. The facility will have a capacity of 3,600 tonnes.

METROPOLIS' INVESTMENT PLANS (involve Rs100 crore; it proposes to set up 2 laboratories in South Africa and one each in Thailand and Kuwait during Apr-Jun 2007).
February 28, 2007... (From India Business Insight) Metropolis Health Services (I) Ltd (MHSIL) of Mumbai operates 18 laboratories in India, 3 in Dubai and one in Sri Lanka. It intends to invest Rs100 crore on its expansion plans during 2007. It proposes...

ITALIAN KITTY FOR SMALL-SCALE VENTURES (a 300-million-euro fund, called Go India, has been established).
February 28, 2007... (From India Business Insight) Go India, a 300-million-euro fund, has been set up in Italy with the support of 6 Italian banks and 2 financial institutions. The fund will help small and medium enterprises from Italy to set up joint...

ANDHRA PRADESH SIGNS MOU WITH MIT FOR E-GOVERNANCE (MIT will provide funds and technological assistance).
February 28, 2007... (From India Business Insight) The Government of Andhra Pradesh,the Massachusetts Institute of Technology (MIT)and California State University of the US have signed a memorandum of understanding (MoU) for collaboration in e-governance,...

INDIAN SOFTWARE INDUSTRY COMES TOGETHER TO CURB PIRACY (to educate customers about the dangers of using pirated software).
February 28, 2007... (From India Business Insight) Microsoft Corporation India has launched a campaign to make genuine software easily accessible to discerning consumers. Leading information technology companies like Dell, HCL, HP, Lenovo, Sahara, Wipro and...

TCS AND IIT-KANPUR TO PARTNER ON STORAGE COMPUTING (will also start a postgraduate course on Storage Computing Architecture).
February 28, 2007... (From India Business Insight) Tata Consultancy Services (TCS) and the Indian Institute of Technology, Kanpur (IIT-K), have signed a memorandum of understanding (MoU) to start a postgraduate course in Storage Computing Architecture. They...

NKC TO CONNECT KNOWLEDGE HUBS VIA BROADBAND (to include universities, colleges, libraries, laboratories, medical centres and research hubs).
February 28, 2007... (From India Business Insight) The National Knowledge Commission (NKC), the Prime Minister of India's high-level advisory body, has recommended that at least 5,000 educational hubs should be connected across the country through broadband....

FEDERAL BANK (registers operating income of Rs1,581 crore and profit of Rs225 crore for 2005-2006).
February 28, 2007... (From India Business Insight) Federal Bank, which was first founded in 1931 as Travancore Federal Bank, is a private sector bank that provides retail banking, treasury loans and investment management services to individuals and...

IT MAJOR GIVEN CLOSURE NOTICE (by the Karnataka State Pollution Control Board).
February 28, 2007... (From India Business Insight) The Karnataka State Pollution Control Board (KSPCB) has issued a closure notice to Honeywell Technology Solutions Lab Pvt Ltd for violation of certain Acts related to pollution of water and air. The...

NILGIRI'S ON EXPANSION MODE, TO REVIVE POPULAR CAKE EXHIBITION (to open 460 stores, including 30 in Bangalore, by 2010-2011).
February 28, 2007... (From India Business Insight) Nilgiri's proposes to open 460 stores, including 30 in Bangalore, by 2010-2011. It is a well-known dairy, bakery and retail brand in South India. The company plans to invest Rs100-120 crore in the next 2...

INDIAN RAILWAYS: A TURNAROUND STORY (Indian Railways expected to earn Rs210 billion in 2006-2007).
February 28, 2007... (From India Business Insight) Indian Railways (IR) is expected to earn Rs210 billion in 2006- 2007 that will allow it to complete long-pending projects.IR has achieved significant improvement in wagon turnaround time from 9.1 days in...

WRITING INSTRUMENTS READY FOR A QUANTUM LEAP (exports of writing instruments increase from Rs333.13 crore in 2004-2005 to Rs450.39 crore in 2005-2006).
February 28, 2007... (From India Business Insight) India's exports of writing instruments have increased by 35.2 percent to Rs450.39 crore in 2005-2006 from Rs333.13 crore in 2004-2005. The ballpoint pens segment dominated with a share of 61.65 percent. USA...

MOTHER CARE PLANS TO EXPAND IN INDIA (through Shoppers' Stop, its exclusive franchisee in India).
February 28, 2007... (From India Business Insight) Mothercare India,the Indian arm of Mothercare Plc of the UK, is expanding its presence in India through Shoppers' Stop, its exclusive franchisee in India. Shoppers' Stop and Mothercare India are investing...

A CENTURY MARK (Damas plans to have a network of 100 stores across India over the next couple of years).
February 28, 2007... (From India Business Insight) Damas, the global jewellery retailer, has planned to have a network of 100 stores across India over the next couple of years. The $900-million Damas expects to register a turnover of Rs600 crore from its...

$7 BILLION TO BE INVESTED IN RETAIL BY BHARTI (to set up 200 hypermarkets and hundreds of small stores across India by 2010).
February 28, 2007... (From India Business Insight) Bharti Enterprises is planning to set up 200 hypermarkets and hundreds of small stores across India by 2010 with an investment of $7 billion. Bharti has entered into a joint venture with Wal- Mart Stores,...

SHOPPERS' STOP SET TO ENTER LUXURY RETAIL (will invest Rs100 crore in the first year).
February 28, 2007... (From India Business Insight) Shoppers' Stop is planning to set up large format stores to venture into the luxury retail segment and will invest Rs100 crore in the first year. The company has already signed deals for properties in...

J'ADORE CONCEPT WALKS INTO FOOTWEAR MARKET (opens its first retail store at Spencer Plaza in Chennai).
February 28, 2007... (From India Business Insight) J'adore Concepts Pvt Ltd, a footwear company from Singapore, has ventured into the Indian footwear market by opening its first retail store at Spencer Plaza in Chennai with an initial investment of Rs10...

CENTRAL TO ENTER CHENNAI (Pantaloon Retail to set up a lifestyle retail store named Central in Chennai).
February 28, 2007... (From India Business Insight) Pantaloon Retail of the Future Group has plans to set up a lifestyle etail store named Central in Chennai. Pantaloon already operates three Central stores in Bangalore, Pune and Hyderabad. The company...

TELECOMMUNICATION OPERATORS' DEADLINE TO BE EXTENDED (to 2 Apr 2007 to comply with the provisions of Press Note 5).
February 28, 2007... (From India Business Insight) The Government of India intends to extend the deadline for telecommunication operators to comply with the provisions of Press Note 5 by 3 more months to 2 Apr 2007. Press Note 5 is related to the increase...

SPECTRUM ALLOCATION POLICY BY 2007-END (to enable the release of more spectra).
February 28, 2007... (From India Business Insight) The Department of Telecommunications (DoT) of the Government of India will be finalising a comprehensive spectrum allocation policy by the end of 2007. This will enable the release of more spectra. The...

DOT INTENDS TO HALVE EXCISE DUTY ON TELECOMMUNICATION EQUIPMENT (from 16% to 8%).
February 28, 2007... (From India Business Insight) The Department of Telecommmunications (DoT) of the Government of India proposes to reduce its excise duty on telecommunication equipment from 16 percent to 8 percent and the removal of countervailing duty on...

IDEA LET TO UP COMPOSITE FOREIGN HOLDING (from 47.55% to 74%).
February 28, 2007... (From India Business Insight) The Government of India has permitted Idea Cellular to increase its composite foreign holding from 47.55 percent to 74 percent. It has also given permission to foreign institutional investors and venture...

GOVERNMENT AGAINST BANNING INCOMING INTERNATIONAL CALLS (in which caller line identification is not displayed).
February 28, 2007... (From India Business Insight) The Government of India is not in favour of banning incoming international calls in which caller line identification is not displayed, in spite of instructions from security agencies. The Department of...

APPROVAL FOR AMERICAN TOWER PROPOSAL (to acquire 100% stake in its Indian arm with a proviso).
February 28, 2007... (From India Business Insight) The Foreign Investment Promotion Board (FIPB) of the Government of India has approved the proposal of American Tower Corporation (ATC) of Boston in the USA to acquire 100 percent stake in its Indian arm, ATC...

DOT FIAT TO BSNL (to provide 14,500 villages with satellite phone connections).
February 28, 2007... (From India Business Insight) The Department of Telecommmunications (DoT) has asked Bharat Sanchar Nigam Ltd (BSNL) to provide 14,500 villages, which do not have phones, with satellite phone connections. In response, BSNL has said that...

TRAI FIAT TO DIRECT MOBILE OPERATORS (to have compulsory roaming agreements with each other).
February 28, 2007... (From India Business Insight) To reduce roaming tariffs, the Telecom Regulatory Authority of India (TRAI) intends to direct mobile operators to have compulsory roaming accords with eachother. The telecommunication service providers are...

TRAI SOPS OFFER TO TELECOMMUNICATION COMPANIES (for setting up cellular infrastructure in rural areas).
February 28, 2007... (From India Business Insight) The Telecom Regulatory Authority of India (TRAI) proposes to offer financial incentives to telecommunication companies for setting up cellular infrastructure in villages. This incentive will be available to...