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HindustanTimes Mon,20 May 2013
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India to appoint FM frequency auctioneer in 3 mths

India plans to appoint an auctioneer within the next three months for the third phase of FM radio frequency auction, a ministry official said on Wednesday.

Bayer likely to challenge patent ruling for Natco

German pharmaceutical giant Bayer AG on Tuesday said the company was mulling ways to challenge a ruling by the Patent Controller in India allowing Natco Pharma to produce and sell a cheaper version of Bayer's patented cancer drug Nexavar. HT reports.

Service sector: smiling no more

Whether it is hospitality, retail or the much-celebrated BPO sector, attrition and lack of employability are rising — what’s the way out for the once-shining industry? Samar Khurshid & Aasheesh Sharma reports. Surveying service | Service sector attrition

Pharma sector set to attract more pvt equity in 2012

The pharmaceutical sector is expected to attract more private equity in 2012 compared to 2011 as the initial public offer (IPO) market is expected to remain dry.

How to increase your health insurance cover

On average, normally the health cover people take is Rs. 1-3 lakh. For minor hospitalisation or surgery, this amount may be sufficient but what if there’s something serious? As health costs soar, you need to review your health insurance needs and cover any shortfall. Who is offering what: A rundown

ONGC to spend $5.9 bn on capex in FY13: CMD

India’s state-run explorer ONGC expects to spend Rs. 31,000 crore ($5.9 billion) as capital expenditure in the financial year starting April 2012, CMD Sudhir Vasudeva said.

EIH takes Nita on its board

PRS Oberoi-led East India Hotels or EIH on Monday inducted Nita Ambani, wife of India’s wealthiest  man and Reliance Industries Ltd (RIL) chairman Mukesh Ambani, on the board of the hotel chain. HT reports.

Rate pinch: Dull  buyer sentiment to hit Q2 profits

Dull consumer sentiment resulting from repeated hikes in interest rates are likely to play spoilsport for Indian companies as they unveil results for the the second quarter starting this week.

Manufacturing sector to slow down: Surveys

Rising input and interest costs will slow the manufacturing sector's growth in the coming quarters of fiscal 2011-12, leading industry lobbies said on Sunday.

Four Seasons sets out to expand in India

Canadian hospitality major Four Seasons Hotels and Resorts is eyeing rapid expansion of hotel properties under its ambit in India. Vivek Sinha reports.

Auto industry grows 26%, aims 12-15% this year

The Indian automobile industry reported 26.2% growth in vehicle sales during 2010-11, mainly riding on the back of robust economic growth, more focus on rural areas and new model launches.

India Jan local fuel sales up 6 pct y/y-govt

India's local oil product sales in January rose an annual 6 %, slower than the previous month as increased power generation and late winter rains softened diesel use, official data showed on Friday.

ZTE India appoints Cui Liangjun as CEO

Telecom equipments provider ZTE Telecom India, a wholly-owned subsidiary of ZTE Corporation, today said that it has appointed Cui Liangjun as the new chief executive officer (CEO).

Hint at nod to FDI in retail?

At a time when allowing foreign players into the retail sector is being hotly debated, the government on Thursday said it would encourage investment in organised retail chains in India.

Industries in top gear

The manufacturing sector, which suffered a strong blow during the downturn that followed the global crisis, is bouncing back with vigour, with a sharp surge in the number of sectors that show dizzy growth. HT reports. Manufacturing buzz hots up
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