BUSINESS

HCL Info to distribute SanDisk products in India

Data-storage accessories supplier SanDisk today said it has entered into a partnership with homegrown HCL Infosystems to distribute its products in the Indian market.

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Increased govt purchases to help economic revival: Dev

India’s expenses on government procurement in the next two years will grow to a whopping Rs 6,50,000 crore, which would revive the economy impacted by the world credit crisis.

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Advani to meet industrialists on economic crisis Thursday

The main opposition BJP’s prime ministerial candidate L K Advani will meet industrialists Thursday to find out how bad the current economic crisis is, and ways to mitigate its impact.

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Reliance Communications: GSM blues

For the third time this year, the Reliance Communications (RCom) stock closed below the Rs 200 mark on Wednesday.

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Cash crunched Pakistan Airlines to pledge two hotels to raise funds

Pakistan International Airlines Corp, on course for a fourth straight annual loss, plans to raise rupees 30 billion ($379 million) by pledging two hotels as it struggles to raise funds amid the credit

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Bucking the slowdown, telcos up hiring plans

Growing customer base, new players and 3G could see 15 to 20 per cent ramp-up.

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No proposal for reducing fuel prices, says Petroleum Secy

The government is not considering a cut in fuel prices as PSU companies continue to make losses on sale of LPG and kerosene.

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Two industrial areas proposed

With a provision for expansion of the Mohabbewala industrial area, the Uttarakhand government has proposed the development of two industrial areas in Dehra Duns new master plan.

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Consumer prices in US decline most in 6 decades

Two-year yields dropped to levels not seen since 2003.??Treasuries rose, and yields showed inflation expectations are the lowest in at least a decade, before a government report that economists say

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Reliance Capital AMC to operate in Malaysia

Anil Ambani-promoted Reliance Capital Asset Management company has been given approval to commence operations in Malaysia

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