Women honchos give leadership mantra to female entrepreneursBANGALORE - Top female leaders from India’s corporate fraternity called on more women to join the business houses spread across the country and also take up the mantle of leadership in the mostly male-dominated corporate sector. Bank of England holds key rate at 0.5 pct; no move on expanding money supplyLONDON — The Bank of England kept its main interest rate unchanged at the record low of 0.5 percent Thursday and held off from any further moves to expand the money supply — for now. Marriott reports 3rd-quarter loss on charges for weak timeshare businessCHICAGO — Vacationers helped Marriott International Inc. post a better profit for the third quarter than the hotel owner and operator had forecast. Reports: Russian culture minister vows to fight St. Petersburg skyscraper planMOSCOW — Russian news agencies say Russia’s top cultural official has vowed to fight the construction of a glass-clad skyscraper in St. Petersburg. Stock futures climb after surprising profit from Alcoa; ahead of weekly jobless reportNEW YORK — Stock futures are pointing to a sharply higher opening Thursday after Alcoa kicked off earnings season with an unexpected profit, helping to boost investors’ hopes for an economic recovery. Dhaka vows to resolve Tipaimukh dam issue with DelhiDHAKA - India has assured that it neither plans irrigation nor would it withdraw water from a dam that it plans to build on Barak river in Manipur state, says a report tabled in parliament. UK competition watchdog opposes Ticketmaster-Live Nation mergerLOS ANGELES — The proposed merger of concert promoter Live Nation Inc. and ticket-selling giant Ticketmaster Entertainment Inc. suffered a blow Thursday when British regulators said they would oppose the deal because it would stifle competition. British postal workers deciding whether to launch nationwide walkoutLONDON — Britain’s postal workers were deciding Thursday whether to launch a nationwide strike amid disputes over how to best modernize the mail service. Sensex ends flat (Second Lead)MUMBAI - A key Indian equities index fell sharply towards closing bell Thursday and ended flat after having gained more than 191 points during the day. Upbeat Alcoa gives world markets a boost ahead of European interest rate decisions
Taliban claim responsibility for attack in Afghan capital, say target was Indian EmbassyTaliban claim Afghan bomb, say embassy was target KABUL — The Taliban have claimed responsibility for Thursday’s suicide car bomb in the Afghan capital, saying their target was the Indian Embassy. India, Uganda to co-operate ‘more vigorously’ in agricultureNEW DELHI - India and Uganda will co-operate “more vigorously” in the agriculture and fisheries sector, Minister of State for Agriculture K.V. Thomas said here Thursday. Dhaka seeks access to Nepal and Bhutan through IndiaDHAKA - Bangladesh has urged India to give it transit to Nepal and Bhutan to boost bilateral and South Asian regional trade and connectivity. India’s imports of sensitive items up 34.5 percentNEW DELHI - Import of sensitive items into India, ranging from automobiles and alcoholic beverages to edible oil and vegetables, rose 34.5 percent during the first four months of this fiscal, despite a 32.5 percent dip in the overall import of merchandise goods. World coffee body mulls forum to finance producersBANGALORE - The International Coffee Organisation (ICO) is planning a forum to arrange institutional finance to producers facing credit crunch, a top official said here Thursday. Powerful typhoon tears through Japan, many lose power, flights canceled; 2 dead, dozens hurtTOKYO — A powerful typhoon tore through Japan’s main island Thursday, peeling roofs off houses, cutting electricity to hundreds of thousands and forcing flight cancellations before turning back toward the sea. Two men died, and dozens were injured. Larsen and Toubro raises $600 mnMUMBAI - Construction and engineering major Larsen and Toubro Thursday said it has raised $600 million through qualified institutional placements (QIP) and issue of foreign currency convertible bonds (FCCBs). Train services in flood-hit Andhra to be restored in a weekHYDERABAD - Train services in the flood-hit areas of Andhra Pradesh will be restored from Oct 15, union Minister of State for Railways H.K. Muniyappa said Thursday. Salt bags on tracks hold up trains in HaryanaAMBALA - Salt bags that fell on the railway tracks from an overturned truck held up rail traffic on the Ambala-Saharanpur section for several hours Thursday morning, railway authorities said. Saudi Arabia says it will need aid if world cuts oil dependence to stop climate changeBANGKOK — There are plenty of needy countries at the U.N. climate talks in Bangkok that make the case they need financial assistance to adapt to the impacts of global warming. Then there are the Saudis. Sensex moves up amid volatile tradeMUMBAI - A key Indian equities index was ruling in the green amid volatile trading conditions Thursday. It was up 127 points about an hour before the closing bell. Nigerian militants in the oil-rich Delta region vow to resume attacks next weekABUJA, Nigeria — Nigeria’s main militant group vowed to resume attacks after a cease-fire expires next week, while the government said Thursday that more than 8,000 militants had disarmed as part of an amnesty program. Unenforced laws more harmful than no laws at all: studyWASHINGTON - Insider trading laws that are not enforced can hurt shareholders and economic vibrancy in emerging markets even more than having no securities laws at all, according to a study led by an Indian American researcher. Inflation, currency volatility impact coffee industry: ExpertBANGALORE - Besides the recession, high inflation, volatile currency rates and scarce finance are also posing challenges to the global coffee sector, an industry expert said Thursday. Treasury Secretary Geithner makes time for select group of powerful Wall Street bankersWASHINGTON — Even during his most frenzied days, when Congress is demanding answers or the president himself is calling, Treasury Secretary Timothy Geithner makes time to talk to a select group of powerful Wall Street bankers. Scientists racing to save tens of millions of seeds as ash trees devastated by Asian beetleDES MOINES, Iowa — Mark Widrlechner is out to save a species from extinction. Inflation declines to 0.7 percentNEW DELHI - India’s annual rate of inflation, based on the wholesale price index, declined marginally to 0.7 percent for the week ended Sep 26, from 0.83 percent for the week before, due mainly to a drop in prices of food articles. Asian stock markets advance as investors eye company earnings; crude oil above $71
India’s Nuclear Power Corp targets 63,000 MW by 2032
Yale leadership summit to explore opportunities for Indian businessWASHINGTON - Business leaders from the US, Europe and India will meet in New Delhi next month to explore the theme of “Navigating the Oceans of Opportunity for Indian Business” at the Yale CEO Leadership Summit. |
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Upbeat Alcoa gives world markets a boost
Asian markets advance as company earnings eyed
NEW DELHI - With India having recently approved eight sites for new nuclear power plants, the state-run Nuclear Power Corp has set itself a target of 63,000 MW of atomic energy over the next 25 years, its top official has said.
