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Sat, 05 Jul 2008 11:05 am PDT
 

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 The Times of India - Business 
Sat, 05 Jul 2008 23:11:05+0530
•  Goenka unhappy on Bombay Dyeing 
R P Goenka normally prefers to keep his private thoughts, where they should be, private.
 
•  Kakkar is regional head of Unilever 
Hindustan Unilever executive director (sales & customer development) Sanjiv Kakkar has been appointed chairman, Unilever Russia, Ukraine and Belarus (RUB), with effect from the month of September 1, 2008.
 
•  Tough days ahead for airlines: Boeing 
As oil continues its relentless upward march, US aircraft major Boeing sees difficult days ahead for airlines.
 
•  PM gives nod for foreign players in 3G 
The PM gave the approval for one-time pricing beyond 6.2 MHz of spectrum (radio frequency) in terms of enhancing the spectrum fee by 1% more of adjusted gross revenue (AGR) of a cellular operator.
 
•  Archies in talks with Videocon for stake sale 
Greeting cards major Archies on Friday said it is in talks with Venugopal Dhoot-promoted diversified business group Videocon for a possible stake sale.
 
•  Finding ways to cut travel cost 
Rising air fares and the overall slowdown in the economy have made tech firms bite the bullet on their employee travel expenses.
 
•  Infotech hiring shrinks 40% 
Subprime crisis, unprecedented rise in oil and the Indian economy reeling under a double-digit inflationary regime has severely hit the technology sector.
 
•  Cadila to hive off consumer business 
Cadila Healthcare will hive off its consumer products division into its subsidiary, Carnation Nutra Analogue Foods.
 
•  Food prices pushing up inflation 
On the back of rising prices of food article, vegetable, oil seed and manufactured items like iron and steel, inflation rose to a new 13-year high of 11.63% on Friday.
 
•  Direct tax collections up 39% in April-June 
If the revenue collection is any indicator of economic performance, the first quarter of 2008-09 suggests a continuation of robust growth in the country.
 




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