New Delhi: The rising rupee has not been capable of getting much luster out of the country’s total export performance with exports recording a 18.91% expansion in August 2007 valued at $12.68 billion as against $10.66 billion of exports in August 2006.

In spite of some setback like textiles and leather, others like engineering, gems & jewellery and petroleum are still adding to the growth. The growth speed, however, is under the 41.4% rate filed in August 2006 as compared to the corresponding months in 2005.

According to FIEO approximations, the drop in exports in labour-intensive segments will result in eight million job losses in the recent year.

Tata Tea has brought out a new campaign, “Jaago Re”, which is aimed at stepping up its consumer base in small towns villages. The campaign will be run across television, cinema houses, print, outdoor and radio.

The company is also thinking over a plan to set up an Internet site (website), Jaagoindia.org, and aspire to alter it into an idea-exchange program for young people.

New Delhi: For the week ended September 15, inflation rate eased further to 3.23 per cent, as compared to 3.32 per cent in the previous week, primarily because of falling pices of fruits and vegetables, milk, pulses and a few manufactured items.

In the corresponding week of the previous year (2006), the wholesale price-based index stood at 5.27 per cent.

New Delhi: Ansal Properties & Infrastructure Ltd and Malaysia’s UEM Builders Bhd have signed up a joint venture agreement for carrying out construction activities in India.

Bangalore: United Breweries (UB) is considering to lift around Rs 425 crore through a rights issue for providing financial support to its capacity development and upgradation plans. The final decision in this regard was taken at the company’s board meeting on September 27, 2007.

The two major stockholders chairman Vijay Mallya and UK brewer Scottish & Newcastle will take part in the rights issue compliant with their shareholding patterns.