Big brewers like Anheuser Busch InBev are seen as a better bet than spirit giants Diageo and Pernod Ricard to gain from the uneven world recovery.
Beer finds favour over spirits in slow recovery
Posted in Business by IndianPick 5 hours ago (http://economictimes.indiatimes.com)Bhagwati Banquets And Hotels declares dividend at Re 1 per share
Posted in Business by IndianPick 5 hours ago (http://www.moneycontrol.com)
Bhagwati Banquets And Hotels at its meeting held on September 02, 2010 has declared dividend at 10% i.e Re 1 per share.
Reliance Industries buys 3 mln bbls spot Brazil crude
Posted in Business by IndianPick 7 hours ago (http://www.moneycontrol.com)
Reliance Industries Ltd., operator of the world's largest refining complex, bought around 3 million barrels of spot Brazilian crude to arrive in India in the next two months, industry sources said on Friday.
FX reserves at $282.842 bn as of Aug 27
Posted in Business by IndianPick 2 hours 52 minutes ago (http://economictimes.indiatimes.com)
Foreign exchange reserves rose to $282.842 billion as on August 27, from $282.549 billion in the previous week, the central bank said in its weekly statistical supplement on Friday.
Alok Industries on `highway` to double revenue in 3 yrs
Posted in Business by IndianPick 7 hours ago (http://www.moneycontrol.com)
Textiles firm Alok Industries seeks to double its revenue to around USD 3 billion over the next three years, primarily on growing exports and a resurgence in domestic demand, a top official said on Friday.
NRIs face tax threat under Direct Taxes Code
Posted in Business by IndianPick 3 hours ago (http://economictimes.indiatimes.com)
NRIs face tax threat under Direct Taxes CodeNew DTC could bring global Indians under tax net as it does away with a provision that allowed individuals to escape tax in any country.
Services PMI dips again in August but still robust
Posted in Business by IndianPick 2 hours 52 minutes ago (http://economictimes.indiatimes.com)
Growth in India's service sector slowed for a second month in August after hitting a two-year peak in June, but businesses were more optimistic about the outlook, a survey showed on Friday.
Dhoni's leadership will face stern test - Ganguly
Posted in Cricket by IndianPick 9 hours ago (http://www.cricinfo.com)
Sourav Ganguly, the former India captain, has said MS Dhoni's leadership will face a stern test in the next couple of years if the younger members of the team continue to underperform and the senior players retire
Mandhana Inds sees FY11 net at Rs 75cr
Posted in Business by IndianPick 1 hour 53 minutes ago (http://www.moneycontrol.com)
Textiles firm Mandhana Industries expects a net profit of Rs 75 crore in FY11 on revenues of Rs 800 crore, a top official said on Friday.
India to boost defence ties with S Korea
Posted in Business by IndianPick 8 hours ago (http://economictimes.indiatimes.com)
India and South Korea now intend to step up their bilateral defence ties, ranging from cooperation for peace and stability in the Asia-Pacific region to joint defence production in aircraft and warships.
Ashwani Gujral's top bets for trade today
Posted in Investment/Trading by IndianPick 12 hours ago (http://www.moneycontrol.com)
Technical analyst Ashwani Gujral is bullish on Godrej Properties, Texmaco, Exide Industries, SKS Micro and Dhampur Sugar. He advises traders to buy into these stocks.
Centre harming Orissa's interests, says BJD
Posted in News by IndianPick 53 minutes ago (http://www.thehindu.com)
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