http://www.dnaindia.com/ dnaindia.com delivers news and information on the latest top stories, sport, entertainment, business, technology, Mumbai, India, world and more. en-us COPYRIGHT @ 2012 DILIGENT MEDIA CORPORATION LTD. ALL RIGHTS RESERVED XML::RSS Fri, 10 Feb 2012 11:42:23 GMT Fri, 10 Feb 2012 11:42:23 GMT http://www.dnaindia.com/syndication/ 10 http://static.dnaindia.com/images/710/logo_dna_rss.gif http://www.dnaindia.com/ 31 88 dnaindia.com delivers news and information on the latest top stories, sport, entertainment, politics, India, World and more. http://www.dnaindia.com/india/report_delhi-hc-refuses-to-stay-criminal-proceedings-against-yahoo-india_1648269 http://www.dnaindia.com/india/report_delhi-hc-refuses-to-stay-criminal-proceedings-against-yahoo-india_1648269 Criminal proceedings will continue against Yahoo India which had moved the Delhi High Court against a lower court order summoning it for allegedly hosting objectionable content. Fri, 10 Feb 2012 09:40:26 GMT http://www.dnaindia.com/money/slideshow_dna-drive-stunning-1-crore-mercedes_1648254 http://www.dnaindia.com/money/slideshow_dna-drive-stunning-1-crore-mercedes_1648254 A roadster is defined as a small, two-door, two-seater car with an open top and manual transmission. Fri, 10 Feb 2012 09:08:34 GMT http://www.dnaindia.com/india/comment_car-queries-answered_1648091 http://www.dnaindia.com/india/comment_car-queries-answered_1648091 I want to buy a 150cc engine bike with good fuel efficiency, low maintenance and very good looks. My budget is Rs70,000-75,000. Please help me as I don’t know much about bikes. Fri, 10 Feb 2012 05:00:00 GMT http://www.dnaindia.com/money/report_deutsche-bank-exits-lodha-with-55pct-returns_1648134 http://www.dnaindia.com/money/report_deutsche-bank-exits-lodha-with-55pct-returns_1648134 Earlier this year, private equity firm Kotak Realty Fund took the promoter buyback route to exit its stake in 3C Company’s information technology park project in Noida. Fri, 10 Feb 2012 04:45:00 GMT http://www.dnaindia.com/money/market-report_sensex-snaps-two-day-rally-down-82-points-on-poor-iip-nos_1648178 http://www.dnaindia.com/money/market-report_sensex-snaps-two-day-rally-down-82-points-on-poor-iip-nos_1648178 Snapping a two-session rally, the BSE benchmark index Sensex today fell by 82 points to close at 17,748.69, on disappointing industrial output growth. Fri, 10 Feb 2012 04:37:30 GMT http://www.dnaindia.com/money/report_tata-global-beverages-pepsi-serve-nutrient-water_1648136 http://www.dnaindia.com/money/report_tata-global-beverages-pepsi-serve-nutrient-water_1648136 NourishCo, an equal-stake joint venture between Tata Global Beverages and the Indian arm of PepsiCo, on Thursday launched Tata Water Plus. Fri, 10 Feb 2012 04:30:00 GMT http://www.dnaindia.com/money/report_adani-to-exit-realty-focus-on-core-biz_1648133 http://www.dnaindia.com/money/report_adani-to-exit-realty-focus-on-core-biz_1648133 The Rs45,000 crore power, port and mining company on Thursday said it will divest its entire holding in subsidiary AIDPL. Fri, 10 Feb 2012 04:02:00 GMT http://www.dnaindia.com/money/report_uninor-fights-to-retain-staff-customers_1648095 http://www.dnaindia.com/money/report_uninor-fights-to-retain-staff-customers_1648095 Says competitors are raiding its flock; majority partner Telenor will lead bidding at spectrum auction, noncommittal on Unitech partnership. Fri, 10 Feb 2012 04:01:00 GMT http://www.dnaindia.com/money/report_after-telenor-etisalat-takes-827m-charge_1648135 http://www.dnaindia.com/money/report_after-telenor-etisalat-takes-827m-charge_1648135 Developments in the telecom sector over the last two years are making foreign investors take a hard look at their operations in India. Fri, 10 Feb 2012 03:45:00 GMT http://www.dnaindia.com/money/report_maruti-may-beat-rivals-in-rolling-out-a-compact-suv_1648097 http://www.dnaindia.com/money/report_maruti-may-beat-rivals-in-rolling-out-a-compact-suv_1648097 Companies including Ford India and Renault showcased their compact SUVs at the recent Auto Expo in Delhi in January with plans to launch them in 1-2 years. Fri, 10 Feb 2012 03:30:00 GMT http://www.dnaindia.com/money/report_kodak-to-stop-making-cameras-to-cut-costs_1648158 http://www.dnaindia.com/money/report_kodak-to-stop-making-cameras-to-cut-costs_1648158 The decision marks the end of an era for Kodak, which also invented the handheld camera. Fri, 10 Feb 2012 03:29:21 GMT http://www.dnaindia.com/money/interview_compulsory-licensing-to-help-patients-and-players-says-natco_1648096 http://www.dnaindia.com/money/interview_compulsory-licensing-to-help-patients-and-players-says-natco_1648096 Rajeev Nannapaneni, Natco’s chief operating officer, says the CL process will open major opportunities for Indian companies once the first decision on the application is taken. Fri, 10 Feb 2012 03:15:00 GMT http://www.dnaindia.com/money/report_jnpt-fourth-terminal-deal-mired-in-delays_1648100 http://www.dnaindia.com/money/report_jnpt-fourth-terminal-deal-mired-in-delays_1648100 Now, a bank guarantee of Rs67 crore the winning consortium of Singapore-based PSA International and ABG Private Ports Ltd furnished as bid deposit after bagging the deal is expiring next month. Fri, 10 Feb 2012 02:30:00 GMT http://www.dnaindia.com/world/report_chinese-espionage-cases-touch-dupont-motorola_1647987 http://www.dnaindia.com/world/report_chinese-espionage-cases-touch-dupont-motorola_1647987 US prosecutors expanded a criminal case over the alleged theft of industrial secrets from chemical giant DuPont, securing an indictment against a Chinese company on economic espionage-related charges. Thu, 09 Feb 2012 14:52:49 GMT http://www.dnaindia.com/world/report_greek-political-leaders-agree-on-bailout-reforms-sources_1647958 http://www.dnaindia.com/world/report_greek-political-leaders-agree-on-bailout-reforms-sources_1647958 Greek political leaders have clinched a deal on austerity measures needed to secure a bailout to keep the country afloat, two government sources said on Thursday. Thu, 09 Feb 2012 13:49:11 GMT http://www.dnaindia.com/india/report_after-telenor-etisalat-writes-off-820-mn-against-indian-operations_1647937 http://www.dnaindia.com/india/report_after-telenor-etisalat-writes-off-820-mn-against-indian-operations_1647937 Etisalat owns about 45 per cent stake in Etisalat DB, a joint venture between Indian player DB Realty and Etisalat of UAE. Thu, 09 Feb 2012 12:40:11 GMT http://www.dnaindia.com/money/report_india-iraq-to-resume-direct-flights_1647914 http://www.dnaindia.com/money/report_india-iraq-to-resume-direct-flights_1647914 The aviation authorities of the two countries, which were in talks for over the past few months, have decided to launch these flights from the coming Sunday, the sources said. Thu, 09 Feb 2012 11:42:37 GMT http://www.dnaindia.com/money/report_india-sees-business-opportunity-in-iran-after-us-eu-sanctions_1647912 http://www.dnaindia.com/money/report_india-sees-business-opportunity-in-iran-after-us-eu-sanctions_1647912 With the US and Europe imposing sanctions on Iran, India sees an opportunity to boost its trade with it by tapping the sectors which would be affected by the restrictions imposed by the West. Thu, 09 Feb 2012 11:30:17 GMT http://www.dnaindia.com/money/report_bharti-net-slumps-22pct-as-users-call-less_1647649 http://www.dnaindia.com/money/report_bharti-net-slumps-22pct-as-users-call-less_1647649 Arpus see a 2.2% rise after 24 quarters as the telecom company hikes tariffs; but margins continue to tumble on rising costs and tax rates. Thu, 09 Feb 2012 05:30:00 GMT http://www.dnaindia.com/money/market-report_sensex-up-123-points-in-late-buying-amid-firm-european-markets_1647753 http://www.dnaindia.com/money/market-report_sensex-up-123-points-in-late-buying-amid-firm-european-markets_1647753 The 30-share index, which had gained 84.87 points yesterday, moved down by 78.33 points, or 0.44%, to 17,628.99 points. Thu, 09 Feb 2012 04:41:38 GMT http://www.dnaindia.com/money/interview_chevy-beat-diesel-has-done-really-well-for-gm_1647651 http://www.dnaindia.com/money/interview_chevy-beat-diesel-has-done-really-well-for-gm_1647651 This is an important year for General Motors in India. It will launch the first products of its joint venture with Chinese partner SAIC, besides entering the fast-growing light commercial vehicle market. Thu, 09 Feb 2012 04:30:00 GMT http://www.dnaindia.com/money/interview_risk-underwriting-key-to-profitable-insurance_1647640 http://www.dnaindia.com/money/interview_risk-underwriting-key-to-profitable-insurance_1647640 As the insurance regulator Irda and industry captains work hard to make the process of risk underwriting responsible and fool-proof, there are fresh hopes that general insurance will finally turn profitable in the near future. Thu, 09 Feb 2012 04:00:00 GMT http://www.dnaindia.com/money/report_nalco-to-invest-rs300-crore-in-nuclear-project-by-march_1647654 http://www.dnaindia.com/money/report_nalco-to-invest-rs300-crore-in-nuclear-project-by-march_1647654 National Aluminium Co Ltd (Nalco) will start investing equity into its joint venture with Nuclear Power Corporation of India Ltd (NPCIL) from the current quarter. Thu, 09 Feb 2012 03:30:00 GMT http://www.dnaindia.com/money/report_airports-energy-may-hit-gmr-this-quarter-too_1647650 http://www.dnaindia.com/money/report_airports-energy-may-hit-gmr-this-quarter-too_1647650 After a dismal third quarter, GMR Infrastructure is likely to remain under pressure in the fourth quarter too as two of its major sectors — airports and energy— are still awaiting resolution of some of the key issues. Thu, 09 Feb 2012 03:30:00 GMT http://www.dnaindia.com/money/report_defying-slowdown-building-hopes_1647637 http://www.dnaindia.com/money/report_defying-slowdown-building-hopes_1647637 Growth of home loans is slowing, but expectations of lower rates and property market correction are keeping lenders upbeat. Thu, 09 Feb 2012 03:30:00 GMT http://www.dnaindia.com/analysis/column_top-executives-need-cover-as-risk-is-greater-in-a-globalised-world_1647642 http://www.dnaindia.com/analysis/column_top-executives-need-cover-as-risk-is-greater-in-a-globalised-world_1647642 With the growing risk of legal liabilities arising from shareholder and other stakeholder claims, including potential class action suits, managements of Indian companies are exposed to many adversities. Thu, 09 Feb 2012 03:15:00 GMT http://www.dnaindia.com/money/report_thomas-cook-will-sell-india-arm-lock-stock-and-barrel_1647661 http://www.dnaindia.com/money/report_thomas-cook-will-sell-india-arm-lock-stock-and-barrel_1647661 Travel firms Cox & Kings, Travelex, PE firms KKR, Actis, Bain, Carlyle seen among suitors. Thu, 09 Feb 2012 03:00:00 GMT http://www.dnaindia.com/money/report_motown-has-two-months-to-avert-degrowth_1647663 http://www.dnaindia.com/money/report_motown-has-two-months-to-avert-degrowth_1647663 Decline in February-March would stain a 10-year story; demand stays sluggish due to high financing costs. Thu, 09 Feb 2012 02:30:00 GMT http://www.dnaindia.com/money/report_on-bse-derivatives-show-signs-of-taking-off_1647660 http://www.dnaindia.com/money/report_on-bse-derivatives-show-signs-of-taking-off_1647660 Volumes rocketed 230% from Rs3,784.99 crore on Monday to Rs12,490.63 crore on Wednesday, compared with Rs128,000 crore in the NSE derivatives segment. Thu, 09 Feb 2012 02:30:00 GMT http://www.dnaindia.com/money/report_cognizant-barely-meets-standard-but-2012-guidance-is-hot_1647659 http://www.dnaindia.com/money/report_cognizant-barely-meets-standard-but-2012-guidance-is-hot_1647659 After busting consensus estimates quarter after quarter, Software St’s supernova was in line or just under in October-December. Thu, 09 Feb 2012 02:30:00 GMT http://www.dnaindia.com/money/report_batelco-hangs-up-as-sc-blow-hits-home_1647658 http://www.dnaindia.com/money/report_batelco-hangs-up-as-sc-blow-hits-home_1647658 The long-winding 2G scam and the recent Supreme Court order to cancel 122 licences has claimed its first casualty. Thu, 09 Feb 2012 02:30:00 GMT http://www.dnaindia.com/money/report_godrej-security-scouting-buyouts_1647653 http://www.dnaindia.com/money/report_godrej-security-scouting-buyouts_1647653 The need for acquisitions arises as the company aims to be the number three player in the $2.8 billion security solutions market globally by 2016-17 from the sixth position currently. Thu, 09 Feb 2012 02:30:00 GMT http://www.dnaindia.com/money/report_mahindra-launches-new-xylo-at-rs7-37-lakh-set-to-take-on-innova_1647615 http://www.dnaindia.com/money/report_mahindra-launches-new-xylo-at-rs7-37-lakh-set-to-take-on-innova_1647615 The new Xylo claims mileage of up to 14 km a litre and is packed with over 50 styling changes. Wed, 08 Feb 2012 16:18:01 GMT http://www.dnaindia.com/money/report_tcs-mitsubishi-form-joint-venture-firm-to-focus-on-japanese-mkt_1647608 http://www.dnaindia.com/money/report_tcs-mitsubishi-form-joint-venture-firm-to-focus-on-japanese-mkt_1647608 Nippon TCS Solution Center, will focus on the Japanese market and provide a range of service for IT, BPO and infrastructure services to Japanese corporations. Wed, 08 Feb 2012 15:47:26 GMT http://www.dnaindia.com/india/report_bjp-asks-pm-to-explain-fiasco-on-economy-front_1647595 http://www.dnaindia.com/india/report_bjp-asks-pm-to-explain-fiasco-on-economy-front_1647595 Describing Singh as one of the most brilliant economists, Rajiv Pratap Rudy sought to know from him why GDP growth has come down to 6.9%. Wed, 08 Feb 2012 15:23:03 GMT http://www.dnaindia.com/india/report_air-india-debt-restructuring-to-put-rs2000-cr-burden-on-14-lenders_1647497 http://www.dnaindia.com/india/report_air-india-debt-restructuring-to-put-rs2000-cr-burden-on-14-lenders_1647497 A Group of Ministers had on Tuesday allowed Air India to raise Rs7,400 crore by issuing government-guaranteed bonds or by other means. Wed, 08 Feb 2012 12:12:14 GMT http://www.dnaindia.com/money/report_co-op-banks-in-gujarat-opt-for-core-banking_1647400 http://www.dnaindia.com/money/report_co-op-banks-in-gujarat-opt-for-core-banking_1647400 This is expected to enhance their customer base in both rural and urban segments. Wed, 08 Feb 2012 09:22:56 GMT http://www.dnaindia.com/money/market-report_sensex-closes-up-85-points-in-volatile-trade_1647317 http://www.dnaindia.com/money/market-report_sensex-closes-up-85-points-in-volatile-trade_1647317 The 30-share index settled with a gain of 84.87 points at 17,707.32 points. It moved between 17,809.21 and 17,579.59 during the session. Wed, 08 Feb 2012 04:29:40 GMT http://www.dnaindia.com/analysis/column_why-ikea-will-opt-for-standalone-suburban-stores-in-india_1647219 http://www.dnaindia.com/analysis/column_why-ikea-will-opt-for-standalone-suburban-stores-in-india_1647219 Following the opening up of single-brand retail to 100% FDI, there’s a lot of speculation about the Swedish furniture and accessories retailer IKEA entering India. Wed, 08 Feb 2012 04:00:00 GMT http://www.dnaindia.com/india/report_6-9pct-growth-in-gdp-this-fiscal-next-equally-bad_1647235 http://www.dnaindia.com/india/report_6-9pct-growth-in-gdp-this-fiscal-next-equally-bad_1647235 Prospects for jobs and higher salary will remain stifled over the next 12-14 months. Wed, 08 Feb 2012 03:45:00 GMT http://www.dnaindia.com/money/report_atf-is-freed-but-its-a-long-flight_1647226 http://www.dnaindia.com/money/report_atf-is-freed-but-its-a-long-flight_1647226 A group of ministers (GoM) on Tuesday allowed individual airlines to import aviation turbine fuel (ATF). The Cabinet will take a final call on the issue later. Wed, 08 Feb 2012 03:45:00 GMT http://www.dnaindia.com/money/report_dna-viewpoint-dont-armtwist-oil-marketers_1647234 http://www.dnaindia.com/money/report_dna-viewpoint-dont-armtwist-oil-marketers_1647234 The decision to allow free imports of aviation turbine fuel is fraught with complications and ill-serves oil marketing firms. Wed, 08 Feb 2012 03:30:00 GMT http://www.dnaindia.com/analysis/report_gdp-deflator-high-despite-bumper-crop_1647228 http://www.dnaindia.com/analysis/report_gdp-deflator-high-despite-bumper-crop_1647228 the Central Statistical Organisation (CSO) has projected the real growth rate at only 6.9% — the worst since 2008-09 and a tad lower than the latest forecast of 7% by the Reserve Bank of India. Wed, 08 Feb 2012 03:30:00 GMT http://www.dnaindia.com/money/report_as-infosys-grooms-non-founder-ceo-will-the-other-go_1647237 http://www.dnaindia.com/money/report_as-infosys-grooms-non-founder-ceo-will-the-other-go_1647237 The process for this has been kicked off with the leadership swap in two of its largest industry verticals to test the mettle of the CEO candidates. Wed, 08 Feb 2012 03:15:00 GMT http://www.dnaindia.com/money/report_akzo-claims-opposition-to-merger-waning_1647236 http://www.dnaindia.com/money/report_akzo-claims-opposition-to-merger-waning_1647236 Paint maker Akzo Nobel India is in the process of winning over the financial institutions which had opposed its proposal of merging three unlisted group companies with itself. Wed, 08 Feb 2012 03:00:00 GMT http://www.dnaindia.com/money/report_l-and-t-finance-snares-swiss-bankers-to-manage-wealth_1647227 http://www.dnaindia.com/money/report_l-and-t-finance-snares-swiss-bankers-to-manage-wealth_1647227 L&T Finance Holdings has hired senior executives from the Indian arm of EFG International, a Zurich-based private bank, to facilitate its foray into wealth management, said two people familiar with the matter. Wed, 08 Feb 2012 02:30:00 GMT http://www.dnaindia.com/money/report_irda-clamps-down-on-advance-premium-payments_1647225 http://www.dnaindia.com/money/report_irda-clamps-down-on-advance-premium-payments_1647225 The insurance regulator has come down heavily on players accepting premium payments months and years in advance of the due date on life insurance policies. Wed, 08 Feb 2012 02:30:00 GMT http://www.dnaindia.com/analysis/column_mutual-funds-high-way-offers-options-galore_1647222 http://www.dnaindia.com/analysis/column_mutual-funds-high-way-offers-options-galore_1647222 Mutual funds are one of the most effective wealth-building mechanisms. Note that I call it a mechanism and not an investment instrument. Wed, 08 Feb 2012 02:30:00 GMT http://www.dnaindia.com/money/interview_demand-is-so-high-we-could-open-4-costa-coffee-cafs-at-each-junction_1647218 http://www.dnaindia.com/money/interview_demand-is-so-high-we-could-open-4-costa-coffee-cafs-at-each-junction_1647218 On a chilly, wintry Saturday morning in Bangalore, Santhosh Unni, visiting chief executive of Costa Coffee in India, met DNA in spite of a hectic schedule. Wed, 08 Feb 2012 02:30:00 GMT http://www.dnaindia.com/money/report_high-street-back-with-a-vengeance_1647217 http://www.dnaindia.com/money/report_high-street-back-with-a-vengeance_1647217 A record 15 million sq ft was added to retail space last year. But wrong locations and delays may spoil the show. Wed, 08 Feb 2012 02:30:00 GMT