Friday, September 5, 2008

Business News

Business News

CEOs from outside more likely to be dismissed

Posted: 05 Sep 2008 02:42 AM CDT

Washington, Sep 5 (IANS) Boards of directors commonly trip while hiring CEOs, especially if they are taking them from the outside, because they know little about the competence of the prospective new leadership.

Ispat Industries sees steel prices firm in FY09

Posted: 05 Sep 2008 02:40 AM CDT

NEW DELHI (Reuters) - Steel maker Ispat Industries Ltd sees its hot-rolled coil production volumes at 3 million tonnes for the year ending March 2009, compared to 2.8 million tonnes a year ago, a top official said on Friday.

TATA considering spin-off of international steel assets

Posted: 05 Sep 2008 02:35 AM CDT

London, Sept.5 (ANI): The TATA Group is reportedly looking to spin off its international steel assets, including Corus, in an overseas listing that could raise billions of dollars to help bankroll the steel unit's expansion.

FOCUS - Tyremakers to ramp up imports as rubber prices soar

Posted: 05 Sep 2008 02:30 AM CDT

By Aniruddha Basu & Debiprasad Nayak

Contradictory explanations for postponement of Singur talks

Posted: 05 Sep 2008 02:21 AM CDT

Kolkata, Sep 5 (IANS) West Bengal Governor Gopalkrishna Gandhi Friday said talks between the state government and the opposition Trinamool Congress-led farmers body to resolve the standoff over the Tata Motors' Singur plant were deferred on the request of the administration but the chief minister claimed it was the governor who wanted the meeting postponed.

Singur meeting postponed on West Bengal government's request

Posted: 05 Sep 2008 02:18 AM CDT

Kolkata, Sep 5 (IANS) With the standoff over the Tata Motors' factory in Singur still stalling work, talks between the West Bengal government and the opposition Trinamool Congress-led farmers body to resolve the issue was deferred till 4 p.m. Friday following a request by the state's ruling alliance.
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