rediff Business http://www.rediff.com/money/index.html India's largest news and entertainment service online. en-us Sun, 20 Jul 2008 21:30:00 GMT Copyright: (C) 2008 Rediff.com India Limited. All Rights Reserved. rediff.com http://www.rediff.com/uim/red_log.gif http://www.rediff.com/ 144 28 Visit rediff.com China vs India: Which stock market is better? http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19mkt.htm Shanghai is the worst performing stock market of the world in CY 2008. It has just replaced Vietnam at the top of the ladder among the worst performers with a 48.97 per cent fall. If the govt wins, will reforms get a boost? http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19guest.htm If the government addresses them nevertheless, it will be in response to the charge that it has done little of note in the last four years. Now, Pfizer, Novartis, GSK under USFDA scanner http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19fda.htm Amid reports of a US Congress probe against India's largest drug maker Ranbaxy Laboratories, data show that many leading multinational companies such as Pfizer, GlaxoSmithKline, Novartis and Merck are also under the scanner of the US drug regulator, for more or less similar violations as Ranbaxy is alleged to have committed. Cloud over US FDA inspection http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19ran.htm Two US Congress members have expressed doubts over the quality of inspections conducted by the US Food and Drugs Administration (FDA) on Indian drug manufacturing facilities. Britannia bets big on global markets http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19brit.htm With an aim to increase its exports business, biscuit maker Britannia Industries is betting big on new international markets. Gitanjali plans Rs 1k cr diamond jewellery SEZ http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19sez.htm Gitanjali Group, the Rs 4,500-crore (Rs 45 billion) diamond-studded jewellery manufacturing firm, has evinced interest in setting up a special economic zone (SEZ) for diamond processing industry near Bangalore. Chinese hi-tech handsets for Rs 2000! http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19mobile.htm According to research firm IDC, China shipped 85 million GSM handsets in the last fiscal. And it says China's percentage share is likely to go up since these phones offer swanky features ranging from 3 megapixel camera, terrestrial TV, music and MP3 players. Olympics: A showcase of China's prosperity http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19spec.htm Beijing struggles to make its coming-of-age Olympics party perfect despite controversies, unsold tickets and media hyperventilation. Dot plans fee for extra spectrum http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19dot.htm The Department of Telecommunications (DoT) has mooted a proposal under which operators will pay a one-time fee for all spectrum allotments beyond 6.2 MHz. BPCL to foray into bottled water, DTH biz http://www.rediff.com/rss/redirect.php?url=http://www.rediff.com/money/2008/jul/19bpcl.htm Bharat Petroleum Corporation (BPCL), the country's second largest oil marketing company, plans to diversify into bottled water and direct to home (DTH) services in an attempt to boost its profits.