http://trade-news.znetlive.com ZNet Live Trade News Fri, 15 Jun 2007 07:42:32 +0000 http://backend.userland.com/rss092 en New York : The increased demand for "green" vehicles is spilling over to the rental car counter, where many more drivers will soon be able to choose a hybrid vehicle. Hertz Global Holdings Inc. said Thursday it will spend $68 million to add 3,400 Toyota Prius hybrids to its fleets ... http://trade-news.znetlive.com/hertz-avis-plan-to-boost-hybrid-fleets.htm New Delhi : Old-fashioned industry in India grew 11.5% in the last fiscal year, boosting hopes of broader-based economic growth in a country that has seen rapid expansion of high-tech and back-office services. Figures released by the Indian government this week showed a rise in productivity in traditional sectors such as manufacturing, ... http://trade-news.znetlive.com/industrial-data-raise-hopes-in-india.htm Mumbai : In order to tap the booming construction sector, Europe's leading infrastructure group, Strabag SE, has joined hands with Indiabulls Real Estate Ltd for working on large development projects in the country. The real estate arm of the Indiabulls group has entered into a Memorandum of Understanding with Zublin International ... http://trade-news.znetlive.com/indiabulls-real-estate-form-jv-with-euro-co.htm Mumbai-based Nitin Fire Protection Industries got listed today, June 5, on both NSE and BSE with significant gains after receiving astounding response from investors for its IPO. The company accessed primary market to raise funds primarily to set-up a high-pressure seamless cylinder plant at Visakhapatnam special economic zone (SEZ). The shares ... http://trade-news.znetlive.com/nitin-fire-protection-debuts-with-premium-of-75-on-bse.htm Bangalore, Mumbai :  With the Ambanis going through a bitter split and the Bajaj group demerging, Wipro Ltd’s announcement on Monday that Azim Premji’s son will join the NYSE-listed company triggered speculation over the succession plan. “Rishad Premji is going to join Wipro at a level commensurate with his background and ... http://trade-news.znetlive.com/rishad-premji-to-join-wipro-after-agm.htm Mumbai : Shares of Hindalco Industries Ltd, India’s biggest aluminium producer, hit a 7-year high on the Bombay Stock Exchange (BSE) on Monday amidst speculation that the company is becoming a takeover target. Rumours about Alcan Inc partnering Anil Agarwal-promoted Sterlite Industries Ltd to make a bid for Hindalco in an ... http://trade-news.znetlive.com/takeover-rumours-fire-up-hindalco-stock.htm Brazilian oil major — Petroleo Brasileiro S.A. (Petrobras) — will now get participating interest in exploration blocks of ONGC in India and ONGC, in turn will get to participate in oil blocks being explored by Petrobras in Brazil. This reciprocating of interests in offshore oil and gas blocks of the two ... http://trade-news.znetlive.com/brazils-petrobras-enters-india-with-ongc.htm New York : Hilton Hotels Corp. has signed deals with three real-estate groups to develop more than 55 properties in Russia, Britain and parts of Central America, an American news magazine reported on Sunday. The report said the partners were projected to cover the full construction costs estimated at USD1.7 billion, ... http://trade-news.znetlive.com/hilton-hotels-to-boost-global-expansion.htm Tata Tea is examining various outdoor selling formats to consolidate its brands in the tea segment in India.    Selling tea through vending machines was an option thought of by the company, said P T Siganporia, managing director, Tata Tea. The company is seeing a modest growth of 3.3 per cent in ... http://trade-news.znetlive.com/tata-tea-mulls-new-outdoor-selling-formats.htm New Delhi (AFP) - India's trade deficit nearly doubled in April, the first month of the financial year, from a year ago as costs for imported oil jumped, the government said in a statement Sunday. The trade deficit widened to 7.06 billion dollars in April 2007 from 3.94 billion dollars in ... http://trade-news.znetlive.com/indias-trade-deficit-nearly-doubles-on-oil-costs.htm