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Rio Tinto targets 40-70 MT of diamond from MP Commodity Online BHOPAL: Rio Tinto has lodged mining lease applications for its Bunder diamond project in the Bundelkhand region of Madhya Pradesh, India, which is a vital step in the development of what could be the first significant world class...

Types of Psychic Abilities Every individual has a certain amount of psychic ability. It is quite interesting to understand different types of psychic abilities. Every human being is gifted with some degree of psychic power and intuition. Psychic ability is a term used to explain all the...

New US law may hit Indian ports badly Commodity Online A new US law, introduced after the 9/11 terror attacks, has come as a rude jolt to the Indian ports like Paradip, Mumbai and Kandla as the stringent measures in the law are very tough to implement. The new law will require 100%...

Advanta buys Limagrain USA sunflower business Commodity Online SECUNDERABAD: Leading global seed company, Advanta India Ltd has acquired through its subsidiary the sunflower seed business of Limagrain in USA. The acquisition will further strengthen Advanta’s already existing sunflower...

Inflation: Fear grips India's financial markets As India's inflation surged to a record 13-year high on Friday, fear gripped financial markets and political circles hinted that the country is headed for an early general election. As per the data on Frirday, inflation crossed all expectations...

L & T gets Rs 1000 cr orders in oil, power sectors India’s leading engineering and construction company, Larsen and Toubro has bagged orders worth Rs 1000cr for high tech equipment and systems in the first two months of 2008-09. Among the major contracts secured by the Heavy Engineering...

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India silver imports touch 24 tons in May-June MUMBAI : India imported 24 tons of silver in the May-June period, ending a three-month moratorium owing to lack of demand, according to Bombay Bullion Association. The demand is expected to remain dull this month, but it may pick up in the next...

The amazing success story of Fabindia June 18, 2008 Ethnic weaves: In the tiny village of Chanderi in the Ashoknagar district of Madhya Pradesh, there is little respite from the scorching summer heat as the mercury touches 42 and 43 degrees celcius. There is a preponderance of dry dust on the...

Anil Ambani, Spielberg close to deal: WSJ rediff business Bureau | June 18, 2008 | 10:21 IST Superstar Hollywood director Steven Spielberg and Anil Ambani are about to sign a deal that will see the ADA Group bankroll Spielberg's DreamWorks SKG with between $500 million to $600 million, The...

Indian sugar producer co generates 56MW of biomass power One of India's largest sugar producers, Dwarikesh Sugar Industries Ltd, has announced it started producing electricity from biomass at two plants in Fardipur in Bareilly district, and in Afzalgarh, Bijnore District, Uttar Pradesh. As a...

L&T starts due diligence to buy Crompton Greaves' proj biz Larsen & Toubro, or L&T, is undertaking due diligence to acquire Crompton Greaves' project business, sources said. The project business contributes around 10-15% of the company's standalone revenues. Crompton Greaves FY08...

• Bond: Bonds are debt and are issued for a period of more than one year. • Convertible Bond: Bonds that can be converted into common stock at the option of the holder. • Corporate Bond: Debt obligations issued by corporations. • Debt Market: The market for trading debt instruments. • Equity...

Who sets global Crude Oil prices? As Crude Oil is setting the global economy on fire and fears of recession, there is a frequent question people ask. Who sets the oil prices? The answer generally comes: oil price is set by the Organization of Petroleum Exporting Countries (OPEC), a permanent...

How petrol price is calculated in India The 'fuel fire' created by the hike in petroleum prices announced by Manmohan Singh government on Wednesday continues. The Left parties and the Bharatiya Janata Party are holding strikes across the country to protest the fuel price hike. Do you know how...

Tata Steel-Riversdale JV to produce premium coal Tata Steel its Benga project in Mozambique where it has a joint venture with Riversdale Mining Ltd to become a world class project in view of the hard coking coal mined from there and grades suitable for mine mouth power generation. Tata Steel...

JSW Steel records 19% growth in crude steel output : JSW Steel Ltd, the lowest cost steel producer in the world, has posted 19 percent growth in crude steel production in May 2008 on a year-on-year basis including production of salem works. The company has also achieved 9 percent growth in...

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Fundamentals of India are strong. This is momentary panic situation and hence SENSEX mgt touch 13500. be prepared to buy at this level to earn money..

Tata, Tchenguiz in talks on USD 10 bn environment fund UK-based property magnet Vincent Tchenguiz is holding talks with Indian conglomerate Tata, to invite investment from the latter in a new USD 10 billion environment fund, reports agency sources. The fund would invest in clean-energy...