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Deccan Herald

Sunday 8 November 2009
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Three killed in suicide attack in Peshawar    
Business
 
PM pushes for reforms, says will exit stimulus next year
Prime Minister Manmohan Singh Prime Minister Manmohan Singh, who as finance minister in the 90s initiated liberalisation, on Sunday said his government would steadily pursue reforms to feed economic growth, while withdrawing the fiscal stimulus by next year.
Renault-Mahindra to open Chennai factory early next yr
Despite his Indian alliance not going as smoothly as expected, the head of Japan's Nissan Motors and France's Renault SA, Carlos Ghosn said that their joint venture will be opening their factory in south India early next year.
Emami to foray into cement business
Kolkata-based FMCG major Emami is diversifying into cement business and will invest Rs 1,750 crore to set up production units in the next three years.
Panel says it’s tough to log 9% GDP during 11th 5 yr Plan
India may not achieve its growth target of nine per cent during the 11th Five-Year Plan period as the economic slowdown and drought are likely to take their toll, a senior Planning Commission member said.
G20 is split over exiting stimuli, banking reforms
While Britain wants stimulus going, US, Japan & Germany differ
Don’t make haste to cut fiscal prop, IMF warns
The International Monetary Fund warned global financial leaders on Friday not to repeat the mistakes of the Great Depression and choke off emergency support for their economies too quickly.
GVK Group picks up 12 pc stake in BIAL
Hyderabad-based GVK Power & Infrastructure Limited (GVKPIL) has acquired 12 per cent stake in Bengaluru International Airport Limited (BIAL) from Zurich Airport, a stakeholder in the BIAL.
Oracle delay singes Sun Micro sales
Sun Microsystems Inc suffered a 25 per cent fall in quarterly revenue, as uncertainty over its delayed sale to Oracle Corp hurt its business.
Freddie Mac posts Q3 loss of $5 billion
Freddie Mac, second largest provider of US residential mortgage funding, has posted a loss of $5 billion in the third quarter and predicted it would need more government support amid “prolonged deterioration” in housing.
Swedish firms bet big on ties with India
Betting big on India, Swedish companies are exploring the healthcare and life science space for investment and collaboration.
Franking machines to help mitigate stamp paper woes
State may clear service providers’ plea to levy service charge
 
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Militant camps in Pakistan are still intact says Antony
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Tarun Chandra in Parichaya
Sanjay, who directed Hudugaata with Ganesh is back with Rekha and Tarun Chandra, in Parichaya, a 'simple love story' with melodious songs and cool...
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