Business

Reliance Petroleum may be allowed to sell products at home

Aug 19th, 2008 | By Sindh Today | Category: Business, India

New Delhi, Aug 19 (IANS) The petroleum ministry will suggest changes in taxation norms to allow Reliance Petroleum, a 100 percent export oriented company, to sell its products in the domestic market, a senior official of an oil major said Tuesday.



India Inc’s investment plans rise to $244 bn

Aug 17th, 2008 | By Sindh Today | Category: Business, India

New Delhi, Aug 17 (IANS) Despite the global economic slowdown, capacity expansion plans of Indian corporates surged to Rs.10.5 trillion ($244 billion) in the first six months of the current fiscal against Rs.5.67 trillion in the same period last year, an industry lobby said.



New US visa rules may hit temporary workers from India

Aug 16th, 2008 | By Sindh Today | Category: Business, Focused, India

Washington, Aug 16 (IANS) US immigration authorities have sought a number of rule changes for hiring temporary non-agricultural workers under the H-2B visa programme that may affect nationals from India.



Apple: iPhone Application Sales may reach $1 billion

Aug 14th, 2008 | By Sindh Today | Category: Biz-Tech, Business, Technology

According to Steve jobs, Apple CEO, 60 million of iPhone 3G applications are sold since it was first launched last month. If the same pace is continued , Apple could make $360 million additional revenue during the year, Steve jobs said during his interview with Wall Street Journal.



Government opens way to private provident fund to beat inflation (Lead)

Aug 14th, 2008 | By Sindh Today | Category: Business, India

New Delhi, Aug 14 (IANS) Private provident and other retirement funds will be allowed to directly invest up to 15 percent of their investible funds in the capital market, giving fund managers a greater degree of flexibility.



Power companies get nod to use surplus coal

Aug 14th, 2008 | By Sindh Today | Category: Business, India

New Delhi, Aug 14 (IANS) An empowered group of ministers (EGoM) Thursday decided to allow power companies to utilise surplus coal from their captive blocks in other power projects.



Inflation rise ‘major disappointment’, says finance ministry

Aug 14th, 2008 | By Sindh Today | Category: Business, India

New Delhi, Aug 14 : The finance ministry Thursday said the sharp rise in weekly inflation rate to 12.44 percent was ‘a major disappointment’.



FDCI to host first Couture Week Sep 16-21

Aug 14th, 2008 | By Sindh Today | Category: Business, India

New Delhi, Aug 14 (IANS) The Fashion Design Council of India (FDCI), the premier interface between designers and the industry, said Thursday it would host the inaugural Couture Week at Mumbai aiming to return traditional Indian wear to the runway.