http://www.24dunia.comNewsENWebdunia.com[India] Pvt. Ltd.http://www.24dunia.com/english-news/shownews/4/IRS-Refund-2006-available-refund-closes-April-15/5648374.htmlhttp://www.24dunia.com/english-news/shownews/4/IRS-Refund-2006-available-refund-closes-April-15/5648374.htmlavailable for all those who did not claim it before now, though for a limited time. Due to the three year limit that theis available for all those who did not claim it before now, though for a limited time. Due to the three year limit that the, those who have not availed it till now, have only time till April 15, 2010 to do, for tax repartations of the year 2006.for the year. Those had already filedBusinessTue, 16 Mar 2010 16:36:48 GMThttp://www.24dunia.com/english-news/shownews/4/Charles-Antonucci-ex-chief-Park-Avenue-Bank-arrested-for-fraud/5648385.htmlhttp://www.24dunia.com/english-news/shownews/4/Charles-Antonucci-ex-chief-Park-Avenue-Bank-arrested-for-fraud/5648385.htmlNew York was arrested Monday on charged by the U.S. Attorney in Manhattan on allegations of self-dealing, bank bribery, embezzlementin New York was arrested on Monday and charged by the US Attorney in Manhattan on allegations of self-dealing, bank bribery, embezzlement, and fraud on the. The bank is headquartered in Manhattan with four retail branches in Manhattan and Brooklyn.had total assets of $520.1BusinessTue, 16 Mar 2010 16:36:48 GMThttp://www.24dunia.com/english-news/shownews/4/NACIL-ACEU-to-meet-tomorrow-to-discuss-cabin-crew-shortage/5648348.htmlhttp://www.24dunia.com/english-news/shownews/4/NACIL-ACEU-to-meet-tomorrow-to-discuss-cabin-crew-shortage/5648348.htmla bid to avert the proposed strike called by a section of its employees on 19th March, the NACIL management has convened a meeting with representatives of the Air Corporation Employees Union (ACEU) in Mumbai on Wednesday.ACEU, the employees union of the erstwhile Indian Airlines in a letter to the management on 4March had said it has directed over 800 of its non-executive cabin-crew (affiliated toBusinessTue, 16 Mar 2010 16:20:43 GMThttp://www.24dunia.com/english-news/shownews/4/ArcelorMittal-to-set-up-USD-130-mn-steel-mill-in/5648359.htmlhttp://www.24dunia.com/english-news/shownews/4/ArcelorMittal-to-set-up-USD-130-mn-steel-mill-in/5648359.htmlGlobal steel giant ArcelorMittal on Tuesday said it will set up a USD 130 million steel plant in war-torn"ArcelorMittal has signed an MoU to establish a joint venture with Turkish partner Dayen to build a steel mini-mill with electric furnace in Sulaimaniyah in Northern Iraq," the NRI billionaire L N Mittal-led steel firm said in an e-mailed statement fromThe mill would annually produce in its initialBusinessTue, 16 Mar 2010 16:20:43 GMThttp://www.24dunia.com/english-news/shownews/4/Reliance-Media-World-launches-classified-ads-on-radio/5648356.htmlhttp://www.24dunia.com/english-news/shownews/4/Reliance-Media-World-launches-classified-ads-on-radio/5648356.htmlAnil Ambani Group company Reliance Media World said its radio arm 92.7 FM has launched classified ads service – BIG Impact -- on radio."BIG Impact will introduce first-time radio advertisers to a 'virtual' radio classified section, allowing them to communicate concise advertising messages to their targetaudience through a cost-effective format," Reliance Media World said in a statement toBusinessTue, 16 Mar 2010 16:20:43 GMThttp://www.24dunia.com/english-news/shownews/4/Pressure-on-food-prices-coming-down-Pranab/5648343.htmlhttp://www.24dunia.com/english-news/shownews/4/Pressure-on-food-prices-coming-down-Pranab/5648343.htmlFinance Minister Pranab Mukherjee on Monday said that pressure on food prices is easing, even as the overall wholesale price-based inflation is almost in double digits for February."I am afraid that we will have to deal with it (high inflation) for some more time. Inflationary pressure on food items have started coming down," the Finance Minister told reporters, to a query on inflation nearing doubleBusinessTue, 16 Mar 2010 16:20:43 GMThttp://www.24dunia.com/english-news/shownews/4/Oil-firms-hike-jet-fuel-price-by-2-4-pc/5648346.htmlhttp://www.24dunia.com/english-news/shownews/4/Oil-firms-hike-jet-fuel-price-by-2-4-pc/5648346.htmlthe second time this month, state-owned oil retailers on Monday raised aviation turbine fuel price by 2.44 per cent in step with firming global rates.were raised by Rs 961 per kilolitre, or 2.44 per cent, to Rs 40,268 per kl with effect fromon Monday, an official of the Indian Oil Corp, the nation's largest oil firm, said.The rate hike comes on back of a 3.5 per cent increase on 1st March, when ratesBusinessTue, 16 Mar 2010 16:20:43 GMThttp://www.24dunia.com/english-news/shownews/4/Sensex-rises-by-48-points-in-opening-trade-on-global-cues/5648351.htmlhttp://www.24dunia.com/english-news/shownews/4/Sensex-rises-by-48-points-in-opening-trade-on-global-cues/5648351.htmlBombay Stock Exchange benchmark Sensex recovered by over 48 points in the opening trade on Tuesday on fresh capital inflows from foreign funds amid moderate gains in global markets.The 30-share index was up by 48.35 points, or 0.28 per cent at 17,213.34 in the opening trade. The Sensex closed 1.63 points down at 17,164.99 points in Monday's trade.The wide-based National Stock Exchange index Nifty edgedBusinessTue, 16 Mar 2010 16:20:43 GMThttp://www.24dunia.com/english-news/shownews/4/Pvt-sector-insurance-firms-have-more-death-claims-than-LIC-FM/5648347.htmlhttp://www.24dunia.com/english-news/shownews/4/Pvt-sector-insurance-firms-have-more-death-claims-than-LIC-FM/5648347.htmlsector insurance firms have more than 3 times the outstanding number of death claims on individual insurance policies compared to state-owned LIC, Finance Minister Pranab Mukherjee told the Rajya Sabha on Tuesday.Replying to supplementaries during Question Hour, he said the outstanding number of death claims, as on March 31, 2009, as a percentage of total number of claims intimated to the companiesBusinessTue, 16 Mar 2010 16:20:43 GMThttp://www.24dunia.com/english-news/shownews/4/PFC-to-sanction-loans-worth-Rs-68-000-cr-in-FY-10-11/5648341.htmlhttp://www.24dunia.com/english-news/shownews/4/PFC-to-sanction-loans-worth-Rs-68-000-cr-in-FY-10-11/5648341.htmlState-owned Power Finance Corp on Tuesday said it would sanction loans to the tune of Rs 68,000 crore in the next financial year."Our loan sanction target for the next fiscal (2010-11) is Rs 68,000 crore and disbursement is Rs 29,000 crore," Power Finance Corp (PFC) CMD Satnam Singh told reporters inPFC finances power generation, transmission and distribution projects across the country.Loans sanctionedBusinessTue, 16 Mar 2010 16:20:43 GMThttp://www.24dunia.com/english-news/shownews/4/Hatsun-to-increase-presence-in-Rajasthan/5647970.htmlhttp://www.24dunia.com/english-news/shownews/4/Hatsun-to-increase-presence-in-Rajasthan/5647970.html16 : The Chennai-based Hatsun Agro Products Limited, the largest private sector dairy in India, has plans to increase its presence in Rajasthan by introducing its range of products in that state.Currently Hatsun commands, a huge percentage of market for its Komatha Cow Ghee, which has now been renamed as Hatsun Ghee.Hatsun clocked a turnover in excess of Rs 1000 crore last year and was expected toBusinessTue, 16 Mar 2010 16:04:23 GMThttp://www.24dunia.com/english-news/shownews/4/E-commerce-gains-ground-in-global-retailing-Experts/5647969.htmlhttp://www.24dunia.com/english-news/shownews/4/E-commerce-gains-ground-in-global-retailing-Experts/5647969.htmlWith growing internet connectivity, retailers big and small around the world are increasingly turning towards net based e-commerce, said experts.The internet, by its nature posseses certain advantages that with the introduction of broadband connections has provided both retailers and customers easier and cheaper means of transacting busines that has translated to an average growth of 27 per cent inBusinessTue, 16 Mar 2010 16:04:03 GMThttp://www.24dunia.com/english-news/shownews/4/Patni-establishes-new-BPO-delivery-center-in-Texas/5648001.htmlhttp://www.24dunia.com/english-news/shownews/4/Patni-establishes-new-BPO-delivery-center-in-Texas/5648001.htmlPatni Computer Systems, a leading global IT and BPO services provider, today announced the establishment of a new North American hub for Business Process Outsourcing operations in El Paso, Texas.Patni has set a goal to increase the size and scope of its North American operations to adapt to market conditions that encourage the establishment of more on-shore delivery capabilities, according to a releaseBusinessTue, 16 Mar 2010 14:28:23 GMThttp://www.24dunia.com/english-news/shownews/4/India-wants-bar-on-firms-lifted-for-high-tech-trade/5646290.htmlhttp://www.24dunia.com/english-news/shownews/4/India-wants-bar-on-firms-lifted-for-high-tech-trade/5646290.htmlNoting that the implementation of the landmark India-US civil nuclear deal presented a 'win-win situation', India has sought more trade in high technology items with the removal of Indian firms from the barred Entity list.'Once the 123 Agreement is implemented, a structured bilateral interaction with the Industry on both sides could take forward the process,' Indian Foreign Secretary Nirupama Rao saidBusinessTue, 16 Mar 2010 14:06:08 GMThttp://www.24dunia.com/english-news/shownews/4/Rs-200-crore-tax-evasion-detected/5646282.htmlhttp://www.24dunia.com/english-news/shownews/4/Rs-200-crore-tax-evasion-detected/5646282.htmlAbout Rs.200 crore of unaccounted income has been detected in the past week in surveys conducted by the income tax authorities in Ahmedabad and Surat, an official said today.Two builders of Ahmedabad disclosed unaccounted income of Rs.100 crore after a survey by the department that ended on Monday.While one builder disclosed unaccounted income of Rs.75 crore, the other revealed an income of Rs.25 BusinessTue, 16 Mar 2010 14:06:07 GMThttp://www.24dunia.com/english-news/shownews/4/State-Trading-Corp-looking-at-overseas-contract-farming/5646280.htmlhttp://www.24dunia.com/english-news/shownews/4/State-Trading-Corp-looking-at-overseas-contract-farming/5646280.htmlTrading Corp (STC), India's official agency for import of various commodities, plans to enter new areas of business, including contract farming overseas for pulses, to step up its turnover to $4.6 billion this year.'The company also targets a 40-percent increase in net profit. These increases have been projected in all the three segments of trade which include exports, imports and domestic trade,'BusinessTue, 16 Mar 2010 14:06:07 GMThttp://www.24dunia.com/english-news/shownews/4/India-to-outpace-China-in-15-years-Australian-mining-giant/5646265.htmlhttp://www.24dunia.com/english-news/shownews/4/India-to-outpace-China-in-15-years-Australian-mining-giant/5646265.htmlwould outpace China in GDP growth within 15 years, Anglo-Australian mining giant Rio Tinto has predicted in its annual report released today.'As China nears the top of the commodity intensity usage curve, India is expected to follow, supporting a further potential wave of strong commodity demand,' Rio Tinto chief executive Tom Albanese says in the report.The Asian economic powerhouses' demand for BusinessTue, 16 Mar 2010 14:06:06 GMThttp://www.24dunia.com/english-news/shownews/4/NIIT-Tech-to-implement-COSYS-IS-at-3-Indonesian-Airports-for-PT-JAS/5648031.htmlhttp://www.24dunia.com/english-news/shownews/4/NIIT-Tech-to-implement-COSYS-IS-at-3-Indonesian-Airports-for-PT-JAS/5648031.htmlsolutions provider NIIT Technologies today said it will implement and maintain cargo operations system (COSYS IS) to support the cargo handling operations at Jakarta, Bali and Surabaya airports at Indonesia for PT JAS.''This collaboration with PT JAS to implement cargo handling system at Jakarta, Bali and Surabaya Airports reiterates NIIT Technologies strategic partnership with SATS to market the COSYSBusinessTue, 16 Mar 2010 13:55:26 GMThttp://www.24dunia.com/english-news/shownews/4/BSNL-employees-to-go-on-a-day-s-strike-on-April-20/5648089.htmlhttp://www.24dunia.com/english-news/shownews/4/BSNL-employees-to-go-on-a-day-s-strike-on-April-20/5648089.htmlJoint Forum of state run telecom major Bharat Sanchar Nigan Ltd (BSNL) workers union today said it will organise a one day strike on April 20,2010 to protest against the company's board decision of accepting the Pitroda committee report.''The Joint Forum strongly protests against the decision of the BSNL Board to implement the anti-BSNL decisions of Pitroda Panel, V A N Namboodiri Convenor Joint ForumBusinessTue, 16 Mar 2010 13:46:03 GMThttp://www.24dunia.com/english-news/shownews/4/Rs-200-crore-bets-on-IPL-match-in-Gujarat/5646218.htmlhttp://www.24dunia.com/english-news/shownews/4/Rs-200-crore-bets-on-IPL-match-in-Gujarat/5646218.htmlAHMEDABAD:BusinessTue, 16 Mar 2010 13:37:02 GMThttp://www.24dunia.com/english-news/shownews/4/Indian-film-industry-hit-by-losses-in-2009-Study/5646224.htmlhttp://www.24dunia.com/english-news/shownews/4/Indian-film-industry-hit-by-losses-in-2009-Study/5646224.html.MUMBAI:India's film industry revenues declined by nearly 14 percent last year, hit by adamaging producers' strike, swine flu fears and poor quality content, accordingto a study published on Tuesday.The sector was worth 89.3 billionrupees (1.95 billion dollars) in 2009, down from 104.4 billion in the previous12 months, consultancy KPMG said in a report for the Federation of IndianChambers of CommerceBusinessTue, 16 Mar 2010 13:19:00 GMThttp://www.24dunia.com/english-news/shownews/4/US-Russia-account-for-half-of-world-arms-sales-report/5646097.htmlhttp://www.24dunia.com/english-news/shownews/4/US-Russia-account-for-half-of-world-arms-sales-report/5646097.htmland Russia jointly accounted for more than half of global arms sales between 2005 and 2009, according to a report Monday by a Sweden-based research institute.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/With-Metro-construction-done-Delhis-roads-back-on-track/5646123.htmlhttp://www.24dunia.com/english-news/shownews/4/With-Metro-construction-done-Delhis-roads-back-on-track/5646123.htmlDelhi Metro Monday handed over major arterial roads in the capital to civic administrators after completing construction on the stretches, officials said.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Few-takers-for-IPL-at-multiplexes/5646023.htmlhttp://www.24dunia.com/english-news/shownews/4/Few-takers-for-IPL-at-multiplexes/5646023.htmllive telecast of the Indian Premier League (IPL) matches in multiplexes has not been able to pull in the audiences despite the initial buzz, according to experts.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Advani-wants-white-paper-on-black-money-stashed-abroad/5646005.htmlhttp://www.24dunia.com/english-news/shownews/4/Advani-wants-white-paper-on-black-money-stashed-abroad/5646005.htmlshould publish a white paper on Indian money stashed abroad and reveal the outcome of negotiations with 20 countries where some Indians have hoarded black money, Bharatiya Janata Party (BJP) leader L.K. Advani demanded Monday.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/SBI-to-open-1-000-semi-urban-rural-area-branches/5646059.htmlhttp://www.24dunia.com/english-news/shownews/4/SBI-to-open-1-000-semi-urban-rural-area-branches/5646059.htmlState Bank of India (SBI), Indias leading lending institution, plans to open 1,000 branches in rural and semi-urban areas of the country during the 2010-11 financialBusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Nepal-hikes-duty-to-stop-gold-rush-to-India/5646078.htmlhttp://www.24dunia.com/english-news/shownews/4/Nepal-hikes-duty-to-stop-gold-rush-to-India/5646078.htmlGold becomes dearer in Nepal from this week to prevent rampant smuggling to India after the Indian government hiked duty on the yellow metal.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Delhi-Mumbai-Industrial-Corridor-still-at-planning-says-Centre/5646110.htmlhttp://www.24dunia.com/english-news/shownews/4/Delhi-Mumbai-Industrial-Corridor-still-at-planning-says-Centre/5646110.htmlUnion Government on Monday informed Parliament that the Delhi-Mumbai Industrial Corridor (DMIC) project is at planning stage.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Tharoor-unveils-Indian-model-of-engagement-with-Africa/5646024.htmlhttp://www.24dunia.com/english-news/shownews/4/Tharoor-unveils-Indian-model-of-engagement-with-Africa/5646024.htmlAgainst the backdrop of Chinas surging trade with Africa, Minister of State for External Affairs Shashi Tharoor Monday outlined the unique Indian model of engagement with the continent that revolves around capacity building, training and private sector investments.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Indian-fertiliser-company-to-set-up-unit-in-Ghana/5646135.htmlhttp://www.24dunia.com/english-news/shownews/4/Indian-fertiliser-company-to-set-up-unit-in-Ghana/5646135.htmlFarmers Fertiliser Cooperative (Iffco), a multi-state non-profit organisation, is setting up a unit in Ghana to meet the needs of the African nation and also export the surplus to India, saysBusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Indias-annual-inflation-rose-to-9-89-percent-in-February/5646004.htmlhttp://www.24dunia.com/english-news/shownews/4/Indias-annual-inflation-rose-to-9-89-percent-in-February/5646004.htmlDriven by increasing food prices, Indias annual rate of inflation, based on the wholesale price index, rose to 9.89 percent in February from 8.56 percent in the previous month, official data revealedBusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/BIG-Cinemas-reopens-New-York-cinema-hall/5645999.htmlhttp://www.24dunia.com/english-news/shownews/4/BIG-Cinemas-reopens-New-York-cinema-hall/5645999.htmlCinemas, Indias largest movie hall chain, has reopened ImaginAsian Theatre of Manhattan New York as Big Cinemas Manhattan, a company statementBusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Hindustan-Construction-to-buy-majority-stake-in-Swiss-firm/5646070.htmlhttp://www.24dunia.com/english-news/shownews/4/Hindustan-Construction-to-buy-majority-stake-in-Swiss-firm/5646070.htmlHindustan Construction Co Friday said it will acquire 66-percent stake in Karl Steiner AG, the second largest integrated services contractor in the Swiss realty market, for nearly $33 million.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Africa-looks-to-become-self-sufficient-in-food-by-2015/5646103.htmlhttp://www.24dunia.com/english-news/shownews/4/Africa-looks-to-become-self-sufficient-in-food-by-2015/5646103.htmlAfrican countries are seeking to become self sufficient in foodgrain production by 2015 and are looking at better farming techniques to reduce dependence on rains, according to delegates at a business and networking summitBusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Jayshree-Chemicals-plans-power-projects/5646000.htmlhttp://www.24dunia.com/english-news/shownews/4/Jayshree-Chemicals-plans-power-projects/5646000.htmlS.K. Bangur Group company Jayshree Chemicals Limited is planning to set up three hydro power projects for Rs.220 crore in Gajapati district of Orissa, a top company official said hereBusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Tax-free-budget-in-Assam-sops-for-rural-poor/5646031.htmlhttp://www.24dunia.com/english-news/shownews/4/Tax-free-budget-in-Assam-sops-for-rural-poor/5646031.htmlAssam Chief Minister Tarun Gogoi Monday presented a populist tax-free budget with lots of sops for the rural poor, besides incentives for the education sector, jobs for the unemployed and welfare measures for women in a bid to woo voters ahead of next years assembly elections.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Its-business-mixed-with-pleasure-for-visiting-Africans/5646067.htmlhttp://www.24dunia.com/english-news/shownews/4/Its-business-mixed-with-pleasure-for-visiting-Africans/5646067.htmlWhile Indias continued economic success has enamored several of over 350 African delegates who are here for a business and networking summit, it is its breathtaking diversity and dimension and endless potential that will make some stay back and some to return.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Despite-computers-and-cellphones-luxury-pen-market-rules-IANS-Feature/5646017.htmlhttp://www.24dunia.com/english-news/shownews/4/Despite-computers-and-cellphones-luxury-pen-market-rules-IANS-Feature/5646017.htmlpen just cant be written off. Branded fountain and ballpoint pens have no dearth of takers in India and sales are rising despite high prices and the growing use of computers, cell phones and the internet.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Facebook-to-open-office-in-Hyderabad/5646137.htmlhttp://www.24dunia.com/english-news/shownews/4/Facebook-to-open-office-in-Hyderabad/5646137.htmlFacebook, popular social networking site, Monday said it will open an office at Hyderabad, its first in Asia.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/India-Africa-business-conclave-opens-with-large-African-participation/5646071.htmlhttp://www.24dunia.com/english-news/shownews/4/India-Africa-business-conclave-opens-with-large-African-participation/5646071.htmlMaking a strong pitch for scaling up trade and investment with Africa, Indias External Affairs Minister S.M. Krishna Monday inaugurated a two-day conclave that is set to renew economic momentum between the two sides with business projects worth at least $10 billion.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Sops-may-continue-for-loss-making-sectors-Anand-Sharma/5646125.htmlhttp://www.24dunia.com/english-news/shownews/4/Sops-may-continue-for-loss-making-sectors-Anand-Sharma/5646125.htmlmay continue incentives to labour-incentive sectors like leather, textile and engineering goods which continue to be in the red.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Alice-in-Wonderland-dominates-box-office/5645997.htmlhttp://www.24dunia.com/english-news/shownews/4/Alice-in-Wonderland-dominates-box-office/5645997.htmlTim Burtons Alice in Wonderland was the top film in the US for a second weekend in a row, according to sales estimates released Sunday.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Srei-Sahaj-joins-hands-with-State-Bank-of-India/5646104.htmlhttp://www.24dunia.com/english-news/shownews/4/Srei-Sahaj-joins-hands-with-State-Bank-of-India/5646104.htmlSrei Sahaj e-Village Ltd., a subsidiary of Srei Infrastructure Finance, Monday inked a deal with the State Bank of India (SBI) to ensure financial inclusion of rural areas, a company statement said here.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Jet-Airways-No-1-domestic-airline-in-February/5646001.htmlhttp://www.24dunia.com/english-news/shownews/4/Jet-Airways-No-1-domestic-airline-in-February/5646001.htmlduring February, Jet Airways (including JetLite) taking the top position with 26.1 percent market share followed by Kingfisher Airlines at 22.7 percent and national carrier Air India at 17.2 percent, an official statementBusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/The-Jewel-of-Muscat-comes-calling-at-Kochi-port/5646090.htmlhttp://www.24dunia.com/english-news/shownews/4/The-Jewel-of-Muscat-comes-calling-at-Kochi-port/5646090.htmlJewel of Muscat - a replica of a ninth century merchant sailing vessel (dhow) - arrived here Monday morning.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Punjab-National-Bank-gets-nod-for-IT-subsidiary/5646048.htmlhttp://www.24dunia.com/english-news/shownews/4/Punjab-National-Bank-gets-nod-for-IT-subsidiary/5646048.htmlstate-run Punjab National Bank (PNB), Indias third-largest lending institution, will soon set up an IT susidiary to provide technology-related assistance to the countrys growing financial sector.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Investors-meet-on-Keralas-Vizhinjam-port-next-month/5645998.htmlhttp://www.24dunia.com/english-news/shownews/4/Investors-meet-on-Keralas-Vizhinjam-port-next-month/5645998.htmlinvestors meet will be held next month for the proposed Vizhinjam port in Kerala and work on the project will start during the tenure of the Left government, Ports Minister M.Vijayakumar told the assemblyBusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/Indias-ties-with-Africa-distinct-from-others-Anand-Sharma/5646053.htmlhttp://www.24dunia.com/english-news/shownews/4/Indias-ties-with-Africa-distinct-from-others-Anand-Sharma/5646053.htmlCommerce Minister Anand Sharma Monday said Indias ties with Africa were deeply entrenched in history and the bond between South Asias economic powerhouse and the continent was distinct and different from any other.BusinessTue, 16 Mar 2010 13:18:43 GMThttp://www.24dunia.com/english-news/shownews/4/RIL-out-of-race-for-Canada-s-Value-Creation/5646193.htmlhttp://www.24dunia.com/english-news/shownews/4/RIL-out-of-race-for-Canada-s-Value-Creation/5646193.htmlEnergy major Reliance Industries Ltd was out of race for the Canadianfirm Value Creation, which it had bid for $2 billion. BP Canada has taken thecontrolling stake of the oil-sandscompany.RIL had expressed itsdesire to buy Calgary-based Value Creation, which holds oil sands assets. ValueCreation’s subsidiary Technoeconomics is the owner of a technology thathelps produce oil from sand and upgrade bitumenBusinessTue, 16 Mar 2010 13:10:00 GMThttp://www.24dunia.com/english-news/shownews/4/No-obstacles-seen-to-Zain-Bharti-deal-close-Report/5646185.htmlhttp://www.24dunia.com/english-news/shownews/4/No-obstacles-seen-to-Zain-Bharti-deal-close-Report/5646185.htmlKUWAIT:Kuwaiti telecom Zain and India's Bharti Airtel have faced no obstacles in duediligence and expect the $9 billion deal to close on time, a Kuwaiti newspapersaid on Tuesday.Daily al-Rai, quoting unnamed sources familiar withthe deal, said both firms were keen on closing the sale of Zain's African assetsto Bharti on March 25 as scheduled. "We are progressing with due diligence stepby step and thereBusinessTue, 16 Mar 2010 13:00:03 GMThttp://www.24dunia.com/english-news/shownews/4/No-plan-for-SBI-to-take-over-government-banks/5646196.htmlhttp://www.24dunia.com/english-news/shownews/4/No-plan-for-SBI-to-take-over-government-banks/5646196.htmlState Bank of India to take over any othergovernment bank, a minister of state for Finance said onTuesday." at present thereis no proposal before the government for merger of any nationalised bank withthe State Bank of India, Namo Narain Meena said in a written reply to alawmaker's question inparliament.He said thegovernment would not push for mergers between banks but would support anyproposal fromBusinessTue, 16 Mar 2010 12:39:01 GMThttp://www.24dunia.com/english-news/shownews/4/Toyota-casts-doubt-on-runaway-Prius-claim/5646167.htmlhttp://www.24dunia.com/english-news/shownews/4/Toyota-casts-doubt-on-runaway-Prius-claim/5646167.htmlWASHINGTON/SANDIEGO: Toyota Motor Corp said on Monday it had found no evidence to support thedriver's account of a widely publicized "runaway" Prius incident in Californiathat overshadowed the company's attempts to restart sales after a punishingseries of recalls.U.S. safety investigators said separately thatthey had yet to pinpoint any evidence to support or disprove the claim that a2008 Prius spedBusinessTue, 16 Mar 2010 12:32:04 GMThttp://www.24dunia.com/english-news/shownews/4/India-Data-Centre-Services-Market-to-touch-Rupees-10-000-Crore-by-2011/5648065.htmlhttp://www.24dunia.com/english-news/shownews/4/India-Data-Centre-Services-Market-to-touch-Rupees-10-000-Crore-by-2011/5648065.htmlIndia Data Centre Services Market was expected to touch Rupees 10,000 Crore by the end of 2011, according to IDC India, a leading IT intelligence firm.It would be a CAGR of 22.7 per cent over the two-year period 2009-2011. The overall India data Centre Services Market was estimated at Rs 6,300 crore in 2009, according to a release here today.The fast evolving ecosystem comprising high speed internetBusinessTue, 16 Mar 2010 12:25:46 GMThttp://www.24dunia.com/english-news/shownews/4/Multinationals-have-to-redo-the-delisting-math/5645896.htmlhttp://www.24dunia.com/english-news/shownews/4/Multinationals-have-to-redo-the-delisting-math/5645896.htmlMultinational companies (MNCs) wishing to delist are finding the going tough, due to a sharp rise in the share prices of their Indian subsidiaries.In the past month, three companies--Goodyear India, Sulzer and Micro Inks--announced an intention to delist, only to find share prices zoom, making the exercise much more expensive.Analysts say it is not unusual to see punters ramping up the share priceBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/Rs-10-cr-da-Vinci-robot-surgeon-soon-in-Gujarat/5645843.htmlhttp://www.24dunia.com/english-news/shownews/4/Rs-10-cr-da-Vinci-robot-surgeon-soon-in-Gujarat/5645843.htmlidney patients have a reason to cheer as Nadiad - a sleepy town lying between Ahmedabad and Vadodara, would soon have a robot conducting urology surgeries on them that will not only have superfine precision, but will also less than halve the post operation recovery time.A non-profit 170-bed charitable hospital run by the Muljibhai Patel Society for Research in Nephro-Urology, the Muljibhai Patel UBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/Rs-50-000-discount-on-Mahindra-Logan/5645862.htmlhttp://www.24dunia.com/english-news/shownews/4/Rs-50-000-discount-on-Mahindra-Logan/5645862.htmla time when most automakers have gone for a price rise following the excise duty hike in the Budget, dealers of the troubled Mahindra Renault [Dealers said discounts of various rates are available for both diesel and petrol variants of Logan, felling speculations that they were trying to liquidate stock as question mark continues to hang over the future of the JV between Mahindra Mahindra and FrenchBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/Indian-wealth-stashed-abroad-What-Advani-says/5645889.htmlhttp://www.24dunia.com/english-news/shownews/4/Indian-wealth-stashed-abroad-What-Advani-says/5645889.htmla blog posted on March 15, 2010, Bharatiya Janata Party leader and former Deputy Prime Minister L K Advani wrote that the Indian government is duty bound to share with the people the outcome of its negotiations on 'dirty money'. He urged that the UPA government publish a White Paper on this issue and take the nation into confidence. Following is what Advani wrote in his blog:hen in the year 2008, theBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/Bill-to-allow-foreign-institutes-in-India-okayed/5645845.htmlhttp://www.24dunia.com/english-news/shownews/4/Bill-to-allow-foreign-institutes-in-India-okayed/5645845.htmlwill have to deposit Rs 50 crore (Rs 500 million) as corpus fund and cannot take back the surplus generated from education activities in the country.These tough conditions are part of a Bill approved by the Union Cabinet on Monday to allow entry and operation of foreign education providers in India.After hanging fire for over four years, the Foreign Educational Institution (Regulation of Entry andBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/Poor-distribution-pushed-up-food-prices/5645837.htmlhttp://www.24dunia.com/english-news/shownews/4/Poor-distribution-pushed-up-food-prices/5645837.htmlMuch has been said about how activities like hoarding have caused rapidly rising food prices, but analysts' studies of retail and wholesale inflationary trends suggest that it's the government's distribution system rather than speculation by wholesalers that is pushing up food prices.Evidence for this lies in the manner in which the Wholesale Price Index (WPI) and the Consumer Price Index for RuralBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/Mantri-Square-mall-in-Bengaluru-to-have-metro-link/5645857.htmlhttp://www.24dunia.com/english-news/shownews/4/Mantri-Square-mall-in-Bengaluru-to-have-metro-link/5645857.htmleading real estate player, Mantri Developer on Monday announced the opening of one of India's [] largest mall, Mantri Square, spread over 1.7 million square feet and which would soon have a metro connectivity as well.With an investment of over Rs 500 crore (Rs 5 billion), the mall boasts of 252 retail outlets offering 10,000 brands, Sushil Mantri, chairman and managing director, Mantri Developers,BusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/Advance-tax-grows-3-63-in-Q4/5645841.htmlhttp://www.24dunia.com/english-news/shownews/4/Advance-tax-grows-3-63-in-Q4/5645841.htmlregion for the crucial and last quarter of 2009-10 have grown just 3.63 per cent compared to 24 per cent in the corresponding period last year.]. The meagre growth in the January-March quarter comes at a time when the economy is widely considered to have made a strong recovery.Total tax collection from top 100 companies for the quarter is Rs 11,625 crore (Rs 11,218 crore in the same period last year),BusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/The-most-influential-women-media-executives/5645871.htmlhttp://www.24dunia.com/english-news/shownews/4/The-most-influential-women-media-executives/5645871.htmlIndian entertainment sector is today a globally recognised business. And women have played a vital role to make the media and entertainment industry the huge success that it is.Women have contributed much to bridge the East-West divide and their continuing efforts will benefit all in the entertainment and media for years to come, states a study by Korn/Ferry International in consultation with the IndianBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/IPL-brand-value-doubles-to-4-billion/5645895.htmlhttp://www.24dunia.com/english-news/shownews/4/IPL-brand-value-doubles-to-4-billion/5645895.htmlvalue of the Indian Premier League (IPL) has doubled to a whopping $4.13 billion in 2010 from $2.01 billion last year.A huge amount of intellectual property is being created by the complete IPL ecosystem, which sustained despite the economic slowdown, reflecting the exponential value of IPL and the brand potential in a cricket loving country like India and other global cricketing countries, says aBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/World-trade-may-see-double-digit-growth-in-2010/5645854.htmlhttp://www.24dunia.com/english-news/shownews/4/World-trade-may-see-double-digit-growth-in-2010/5645854.htmltrade is expected to see a double-digit growth in 2010, led by rapid pick up in external trade in emerging markets, especially in Asia, a report by DB Research said.According to the report, a part of the German banking major Deutsche Bank, major economies have passed the trough of recession and many indicators such as manufacturing index, export orders point to further growth potential for the globalBusinessTue, 16 Mar 2010 12:24:46 GMThttp://www.24dunia.com/english-news/shownews/4/Inflationary-pressure-on-food-items-coming-down-Mukherjee/5646187.htmlhttp://www.24dunia.com/english-news/shownews/4/Inflationary-pressure-on-food-items-coming-down-Mukherjee/5646187.htmlFinance Minister Pranab Mukherjee has said that inflationary pressure onfood items has started coming down.Talking to reporters here on thesidelines of a function on Monday, Mukherjee said: "I am afraid that we shallhave to deal with it for some time more but inflationary pressure on the fooditems have started coming down slowly."The high inflation was mainlydue to the continued rise in food prices,BusinessTue, 16 Mar 2010 12:23:05 GMThttp://www.24dunia.com/english-news/shownews/4/Deduction-for-employees-from-salary-income/5645812.htmlhttp://www.24dunia.com/english-news/shownews/4/Deduction-for-employees-from-salary-income/5645812.htmlEXPERT: Subhash Lakhotia is tax investment consultant at New Delhi for last over 40 years.CopyrightBusinessTue, 16 Mar 2010 12:20:10 GMThttp://www.24dunia.com/english-news/shownews/4/How-to-avoid-paying-taxes-on-interest-income/5645811.htmlhttp://www.24dunia.com/english-news/shownews/4/How-to-avoid-paying-taxes-on-interest-income/5645811.htmlFORMS: Different forms are used for different sources of income and types of taxpayers.CopyrightBusinessTue, 16 Mar 2010 12:20:10 GMThttp://www.24dunia.com/english-news/shownews/4/No-plan-for-India-s-SBI-to-take-over-state-banks/5646194.htmlhttp://www.24dunia.com/english-news/shownews/4/No-plan-for-India-s-SBI-to-take-over-state-banks/5646194.htmlNEWDELHI: There is no proposal for government-runBusinessTue, 16 Mar 2010 12:10:04 GMThttp://www.24dunia.com/english-news/shownews/4/Madonna-designs-D-G-sunglasses/5646155.htmlhttp://www.24dunia.com/english-news/shownews/4/Madonna-designs-D-G-sunglasses/5646155.htmlLONDON:Popstar Madonna is teaming up with Italian designers Dolce and Gabbana to designher own range of sunglasses, all of which will bear the letter 'M' on the arm."We're so excited. This further strengthens our relationship withMadonna and it was a very constructive experience for us. She is a professionalwho seeks perfection in everything she does, and this was no exception,"femalefirst.co.uk quotedBusinessTue, 16 Mar 2010 11:48:03 GMThttp://www.24dunia.com/english-news/shownews/4/List-of-default-activities-in-SEZs-expanded/5645131.htmlhttp://www.24dunia.com/english-news/shownews/4/List-of-default-activities-in-SEZs-expanded/5645131.htmlMonday allowed SEZ developers to offer space for warehousing and banking/ATM services without obtaining prior permission from it.“It has been decided to further expand the list of default authorised operations the development commissioners/unit approval committees may allow the developer/approved co-developers duty-free goods and services for these default authorised operations,” the Commerce MinistryBusinessTue, 16 Mar 2010 11:41:56 GMThttp://www.24dunia.com/english-news/shownews/4/Reliance-IMG-form-sports-venture/5645136.htmlhttp://www.24dunia.com/english-news/shownews/4/Reliance-IMG-form-sports-venture/5645136.htmlMUMBAI: Mukesh Ambani-led Reliance Industries and sports marketing giant IMG Worldwide have entered into an equal joint venture to build a professional sports business in India, which is expected to give a boost to the country's sporting arena.“The joint venture entity — IMG Reliance — will have parallel complementary strategies: to provide and operate world-class infrastructure and coaching facilitiesBusinessTue, 16 Mar 2010 11:41:56 GMThttp://www.24dunia.com/english-news/shownews/4/Sensex-recovers-from-early-losses/5645133.htmlhttp://www.24dunia.com/english-news/shownews/4/Sensex-recovers-from-early-losses/5645133.htmlBombay Stock Exchange sensitive index, Sensex, closed flat at 17164.99 on Monday against 17166.62 last Friday. Higher tax payments by corporates saw the Sensex smartly recovering early losses of 105 points.In choppy trading, the index shuttled between a high of 17195.49 and a low of 17061.14. The broad-based 50-share Nifty of the National Stock Exchange ended at 5128.90 against 5137.“The market movedBusinessTue, 16 Mar 2010 11:41:56 GMThttp://www.24dunia.com/english-news/shownews/4/Kiri-Dyes-and-Chemicals-completes-DyStar-acquisition/5645204.htmlhttp://www.24dunia.com/english-news/shownews/4/Kiri-Dyes-and-Chemicals-completes-DyStar-acquisition/5645204.htmlAhmedabad-based Kiri Dyes and Chemicals (KDCL) has completed the acquisition of Germany-based DyStar along with its subsidiaries with the support of its joint venture partner Longsheng Group, China, according to a company release.KDCL, one of the largest manufacturers and exporters of reactive dyes and intermediates, had sales of Rs. 238 crore and a net profit of Rs. 17.70 crore for the nine monthsBusinessTue, 16 Mar 2010 11:41:56 GMThttp://www.24dunia.com/english-news/shownews/4/Facebook-to-set-up-office-in-Hyderabad/5645149.htmlhttp://www.24dunia.com/english-news/shownews/4/Facebook-to-set-up-office-in-Hyderabad/5645149.htmlPopular social networking site Facebook on Monday said it would open an office in Hyderabad, where it would build a world-class team to support its growing number of users, advertisers and developers in India and around the world. Facebook's new operations centre in Hyderabad will supplement operations supported out of Palo Alto, California, Dublin, Ireland and a recently announced location in Austin,BusinessTue, 16 Mar 2010 11:41:56 GMThttp://www.24dunia.com/english-news/shownews/4/To-moderate-in-a-few-months/5645324.htmlhttp://www.24dunia.com/english-news/shownews/4/To-moderate-in-a-few-months/5645324.htmlDELHI:Amid indications that inflation is all set to cross the double-digit mark, the government on Monday expressed the hope that it would ease in the next few months.“I would expect another month of inflation roughly like this because the base effect is going to be strong. After that inflation should begin to die down,'' Chief Economic Advisor Kaushik Basu told reporters here.Terming inflation toBusinessTue, 16 Mar 2010 11:41:56 GMThttp://www.24dunia.com/english-news/shownews/4/R-ComM-tops-100-mn-mark-aims-100-mn-more-in-3-yrs/5644971.htmlhttp://www.24dunia.com/english-news/shownews/4/R-ComM-tops-100-mn-mark-aims-100-mn-more-in-3-yrs/5644971.htmlCommunications (R COMM) , which offers nationwide CDMA and GSM mobile services, has crossed the landmark 100 million wireless customers in seven years of existence, making it the fastest growing telecom player to achieve this landmark.From 10 million, it grew to 100 million customers in a span of just four and half years, company officials said. It has now set a target to add another 100 million customersBusinessTue, 16 Mar 2010 11:40:07 GMThttp://www.24dunia.com/english-news/shownews/4/Sensex-opens-high-at-17-169-84-points-up-by-five-points/5648087.htmlhttp://www.24dunia.com/english-news/shownews/4/Sensex-opens-high-at-17-169-84-points-up-by-five-points/5648087.htmlThe key benchmark Sensex of Bombay Stock Exchange (BSE) today resumed firm at 17,169.84 points with a small gain of five points on scattered bull support by local operators.The key heavy weight stocks edged higher in early trade tracking gains in Asian stocks. Encouraging advance tax figures of top Indian firms for Q4 March 2010 indicated better fourth quarter results.Realty and consumer durables stocksBusinessTue, 16 Mar 2010 11:33:47 GMThttp://www.24dunia.com/english-news/shownews/4/Pocket-Supremacy-Two-popular-smartphones-go-head-to-head/5646158.htmlhttp://www.24dunia.com/english-news/shownews/4/Pocket-Supremacy-Two-popular-smartphones-go-head-to-head/5646158.htmlSecond generation flagship messaging duke it out for pocket supremacy. Here's a comparison between the two most popular smartphones.We have focused our attention on only those cos which can offer some valuation discount.Copyright © 2010 BennettBusinessTue, 16 Mar 2010 11:15:04 GMThttp://www.24dunia.com/english-news/shownews/4/Govt-earmarks-Rs-400-crore-for-family-planning-measures/5645065.htmlhttp://www.24dunia.com/english-news/shownews/4/Govt-earmarks-Rs-400-crore-for-family-planning-measures/5645065.htmlboost to family planning measures and controlling AIDS, the Government has earmarked nearly Rs 400 crore for increasing the coverage of eligible couples under a programme, which includes free distribution of oral birth control pills and condoms.A total of Rs 55 crore has been allocated for free distribution of contraceptives like oral pills, IUDs, tubal rings, E-pills and laparoscopes to the stateBusinessTue, 16 Mar 2010 11:11:15 GMThttp://www.24dunia.com/english-news/shownews/4/2000-2010-best-tech-decade-ever-Check-out/5646233.htmlhttp://www.24dunia.com/english-news/shownews/4/2000-2010-best-tech-decade-ever-Check-out/5646233.htmlSmaller, faster, more connected and more powerful: Gadgets have changed radically over the first ten years of the century.Here's a comparative look at mobiles, laptops and much more in the best tech decade ever.Copyright © 2010 Bennett Coleman Co. Ltd. All rights reserved. For reprint rights:BusinessTue, 16 Mar 2010 11:10:03 GMThttp://www.24dunia.com/english-news/shownews/4/India-wants-bar-on-firms-lifted-for-high-tech-trade/5646207.htmlhttp://www.24dunia.com/english-news/shownews/4/India-wants-bar-on-firms-lifted-for-high-tech-trade/5646207.htmlNoting that theimplementation of the landmark India-US civil nuclear deal presented a "win-winsituation", India has sought more trade in high technology items with theremoval of Indian firms from the barred Entity list."Once the 123Agreement is implemented, a structured bilateral interaction with the Industryon both sides could take forward the process," Indian Foreign Secretary NirupamaRao said MondayBusinessTue, 16 Mar 2010 10:26:05 GMThttp://www.24dunia.com/english-news/shownews/4/Dodd-unveils-sweeping-financial-regulation-plan/5644542.htmlhttp://www.24dunia.com/english-news/shownews/4/Dodd-unveils-sweeping-financial-regulation-plan/5644542.htmlSenate Banking Committee Chairman Sen. Christopher Dodd, D-Conn. gestures during a news conference on Capitol Hill in Washington, Thursday, March 11, 2010. Unable to muster bipartisan agreement on key banking provisions, Dodd said he will offer his own version of a sweeping overhaul of financial regulations without Republican support. Photo: Harry Hamburg / AP2010Senate Banking Committee Chairman Sen.BusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/US-UK-top-debt-ratings-safe-for-now-Moody-s-says/5644563.htmlhttp://www.24dunia.com/english-news/shownews/4/US-UK-top-debt-ratings-safe-for-now-Moody-s-says/5644563.htmlLONDON (AP) — The United States and Britain are more likely than Germany and France to witness an embarrassing downgrade of their top debt rating, agency Moody's Investors Service said Monday.In a quarterly report assessing the prospects of the triple A-rated countries, including Spain and the "less fiscally challenged" Denmark, Finland, Norway and Sweden, Moody's warned that the economic recoveryBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/AIG-said-to-cut-bonuses/5644503.htmlhttp://www.24dunia.com/english-news/shownews/4/AIG-said-to-cut-bonuses/5644503.htmlAmerican International Group Inc., the bailed-out insurer, cut retention bonuses to be delivered to former employees Monday by about $21 million to meet a target imposed by U.S. paymasterAIG will give a total of $46 million to about 70 recipients, a reduction of about a third from what the New York-based firm originally promised, said the person, who declined to be identified because the payments wereBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/PepsiCo-to-buy-back-up-to-15-billion-in-shares/5644529.htmlhttp://www.24dunia.com/english-news/shownews/4/PepsiCo-to-buy-back-up-to-15-billion-in-shares/5644529.htmldelivery driver loads Pepsi and other products on a cart to be delivered to a convenience story in Orlando, Fla. PepsiCo on Monday, March 15, 2010 said that it will buy back up to $15 billion worth of its own common stock through June 2013. Photo: John Raoux / APPURCHASE, N.Y. (AP) — PepsiCo said Monday that it will buy back up to $15 billion worth of its own common stock through June 2013."The board'sBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/OPEC-has-little-wiggle-room-at-upcoming-meeting/5644539.htmlhttp://www.24dunia.com/english-news/shownews/4/OPEC-has-little-wiggle-room-at-upcoming-meeting/5644539.htmlVIENNA (AP) — With U.S. demand for oil lackluster, even traditional OPEC price hawks like Iran and Venezuela are happy with present prices near $80 a barrel as they head into Tuesday's meeting of the 12-nation organization.These two countries traditionally are the greatest advocates of tight OPEC supply. But ahead of their meeting there is informal unanimity among OPEC oil ministers that — with theBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/Stocks-fall-ahead-of-Fed-meeting-on-interest-rates/5644514.htmlhttp://www.24dunia.com/english-news/shownews/4/Stocks-fall-ahead-of-Fed-meeting-on-interest-rates/5644514.htmlfell modestly in late afternoon trading as investors awaited the Fed meeting Tuesday. Policymakers are almost certain to keep the Fed's benchmark rate unchanged at a record low. Traders will be looking for clues about the economy in the statement that follows the meeting.Investors have been factoring in an eventual rate hike, but any signs that the move will be made sooner rather than later are likelyBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/Spencer-Stuart-settles-in-at-Plaza/5644507.htmlhttp://www.24dunia.com/english-news/shownews/4/Spencer-Stuart-settles-in-at-Plaza/5644507.htmlglobal executive search consulting firm, to its property at Two Stamford Plaza, a 250,000-square-foot Class A office building at 281 Tresser Blvd. in Stamford.Spencer Stuart, which has signed a 10-year lease, recently occupied the 24,000-square-foot space on the 14th floor after moving from the"After an extensive search within the Stamford central business district, Spencer Stuart selected StamfordBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/Homebuilder-sentiment-index-falls-in-March/5644572.htmlhttp://www.24dunia.com/english-news/shownews/4/Homebuilder-sentiment-index-falls-in-March/5644572.htmla construction worker builds a new home in Grosse Pointe Park, Mich. The National Association of Home Builders releases its housing market index for March on Monday, March 15. Photo: Paul Sancya / APLOS ANGELES (AP) — Harsh winter weather and competition from deeply discounted foreclosures are putting a damper on sales prospects for homebuilders.said Monday its housing market index, which tracks industryBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/EU-Some-4-million-jobs-vanished-in-2009/5644538.htmlhttp://www.24dunia.com/english-news/shownews/4/EU-Some-4-million-jobs-vanished-in-2009/5644538.htmla Monday release, the EU statistical agency Eurostat said EU employment numbers dropped 1.8 percent from 2008 and that 221.1 million people were working in the region in the last three months of the year.In the 16 nations that use the euro, some 2.72 million jobs vanished as employment fell 1.8 percent from the previous year. Some 144 million were employed in the fourth quarter.Eurostat says the highestBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/UBS-reports-more-than-50-million-in-bonuses/5644505.htmlhttp://www.24dunia.com/english-news/shownews/4/UBS-reports-more-than-50-million-in-bonuses/5644505.htmlUBS AG, the Swiss bank that last month reported a third consecutive annual loss, paid $51.6 million in bonuses and other awards to executive board members for 2009.Carsten Kengeter, the co-head of UBS's investment bank and its fixed-income unit last year, was the highest-paid member of the board, receiving a base salary of $629,627 and total compensation of $12.4 million, the Zurich-based bank saidBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/9-bailed-out-banks-report-declines-in-new-lending/5644533.htmlhttp://www.24dunia.com/english-news/shownews/4/9-bailed-out-banks-report-declines-in-new-lending/5644533.htmlthat new lending plummeted in January at the nine largest banks that have yet to repay their taxpayer bailouts.Treasury's monthly survey of bank lending shows overall new loan origination dropped 35 percent from December's level. Treasury says the drop "may be partially explained by large increases" in late 2009.The survey also shows that average loan balances at the nine banks were 2 percent higherBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/Business-Briefs-DPUC-starts-CL-P-rate-case/5644506.htmlhttp://www.24dunia.com/english-news/shownews/4/Business-Briefs-DPUC-starts-CL-P-rate-case/5644506.htmlutility, which serves the greater Danbury and Stamford areas, as well as communities in the Naugatuck Valley, is seeking a $210 million increase in revenues as rates were expected to decline 5 percent when customers finish paying off bonds related to deregulation.opened for the opposition calling for a rejection of the increase, which would allow rates to decrease for CLP customers., money managerBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/Eurozone-readies-possible-bailout-for-Greece/5644527.htmlhttp://www.24dunia.com/english-news/shownews/4/Eurozone-readies-possible-bailout-for-Greece/5644527.htmlFinance Minister Giorgos Papakonstantinou, right, talks with Luxembourg's Prime Minister and Chairman of the Eurogroup Jean Claude Juncker at the start of a Eurogroup meeting in Brussels, Monday, March 15, 2010. Eurozone finance ministers meet to check whether Greece's austerity program goes far enough to reduce its massive deficit, amid talk that they are preparing a rescue package for the countryBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/MannKind-s-Afrezza-fails-to-win-FDA-approval/5644508.htmlhttp://www.24dunia.com/english-news/shownews/4/MannKind-s-Afrezza-fails-to-win-FDA-approval/5644508.htmlfailed to win approval from U.S. regulators to market its inhaled insulin drug, Afrezza, for people with diabetes.asked for more information about the medication, MannKind said Monday in a statement. Although the regulators didn't cite any safety concerns, they did request updated safety data, the Valencia, Calif.-based company said.MannKind operates a facility in Danbury that handles product developmentBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/AON-unit-sues-Marsh-McLennan-after-employees-quit/5644500.htmlhttp://www.24dunia.com/english-news/shownews/4/AON-unit-sues-Marsh-McLennan-after-employees-quit/5644500.htmlunit of Aon Corp., the world's largest insurance broker, sued its closest rival, accusing Marsh McLennan Cos. of seeking to steal trade secrets, poach clients and "rob Aon of its key employees."Aon Risk Services Northeast Inc., whose parent is based in Chicago, filed a complaint Monday in Manhattan federal court against New York-based Marsh McLennan and three ex-employees who recently left the fBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/Tax-rises-hit-Greece-as-EU-meets-on-debt-crisis/5644511.htmlhttp://www.24dunia.com/english-news/shownews/4/Tax-rises-hit-Greece-as-EU-meets-on-debt-crisis/5644511.htmlPrime Minister George Papandreou left talks with secretary-general of the Organization for Economic Cooperation and Development (OECD) Angel Gurria during a meeting in Athens, on Monday, March 15, 2010. A wave of new tax hikes hit Greece on Monday, raising the cost of consumer goods despite recession and high unemployment, as European Union finance ministers gathered in Brussels to discuss the country'sBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/Hilfiger-gets-new-owner/5644504.htmlhttp://www.24dunia.com/english-news/shownews/4/Hilfiger-gets-new-owner/5644504.htmlTwo iconic American clothing labels -- preppy Tommy Hilfiger and classic Calvin Klein -- are coming together under one roof after Phillips-Van Heusen said it will purchase Tommy Hilfiger for about $3 billion in cash and stock.The deal adds a prominent brand to Phillips-Van Heusen's stable, which also includes Izod and Arrow. It's expected to help Phillips-Van Heusen introduce some of its brands overseas,BusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/China-trims-holdings-of-Treasury-securities/5644546.htmlhttp://www.24dunia.com/english-news/shownews/4/China-trims-holdings-of-Treasury-securities/5644546.htmla bank clerk counts U.S. dollar notes near bundles of Chinese renminbi notes at a bank in Hefei in central China's Anhui province. China retained its spot as the biggest foreign holder of U.S. Treasury debt in January of 2010 although it trimmed its holdings for a third straight month. The string of declines are likely to underscore worries that the U.S. government could face much higher interest ratesBusinessTue, 16 Mar 2010 08:59:39 GMThttp://www.24dunia.com/english-news/shownews/4/Consol-Energy-to-buy-Dominion-s-drilling-business/5644541.htmlhttp://www.24dunia.com/english-news/shownews/4/Consol-Energy-to-buy-Dominion-s-drilling-business/5644541.htmlit agreed to buy Dominion Resources Inc.'s Appalachian exploration and production business for $3.475 billion, substantially increasing its natural gas reserves and production capacity.The deal will give the coal and natural gas company a leading position in the strategic Marcellus Shale, a rockbed about 6,000 feet beneath New York, Pennsylvania, West Virginia and Ohio that could be the country's mostBusinessTue, 16 Mar 2010 08:59:39 GMT