SBI Cards expects Rs.2,700 crore total asset base
September 13th, 2012 - 6:45 pm ICT by IANS
Kolkata, Sep 13 (IANS) SBI Cards, the second largest credit cards issuing firm in India, is expecting that its total asset base would be around Rs.2,700 crore at the ... Read more...
Posted in Business |
Five Indian firms among world’s most innovative
September 7th, 2012 - 10:12 am ICT by IANS
Washington, Sep 7 (IANS) Five Indian companies including Larsen & Toubro, Hindustan Unilever and Infosys are ranked on Forbes magazine's list of "The World's Most Innovative Companies" topped by four ... Read more...
Posted in Business |
Kerala cabinet ministers declare assets
September 3rd, 2011 - 8:26 pm ICT by IANS
Thiruvananthapuram, Sep 3 (IANS) As part of the 100-day programme Kerala Chief Minister Oommen Chandy announced after assuming power in May this year, the list of assets held ... Read more...
Posted in Politics |
Sanjiv Goenka launches new group (Lead)
July 13th, 2011 - 3:34 pm ICT by IANS
Kolkata, July 13 (IANS) Sanjiv Goenka, vice chairman of the RP Goenka Group, one of India's largest industrial conglomerates, Wednesday launched a new group corporate identity RP-Sanjiv Goenka Group.The announcement ... Read more...
Posted in Business |
Sanjiv Goenka launches new group
July 13th, 2011 - 2:43 pm ICT by IANS
Kolkata, July 13 (IANS) RP Goenka Group vice chairman Sanjiv Goenka Wednesday launched a new group corporate identity RP-Sanjiv Goenka Group."The new group will invest a total of Rs.35,000 crore, ... Read more...
Posted in Business |
Srei’s 2010-11 net profit up by 15 percent
May 19th, 2011 - 7:50 pm ICT by IANS
Kolkata, May 19 (IANS) Kolkata-based Srei Infrastructure Finance Limited Thursday announced that it posted a profit after tax (PAT) of Rs.179 crore during the last fiscal compared to Rs.156 crore ... Read more...
Posted in Business |
Volvo ropes in Srei BNP Paribas to offer finance
May 11th, 2011 - 8:48 pm ICT by IANS
Bangalore, May 11 (IANS) Transport and infrastructure solutions major Volvo group Wednesday announced a strategic alliance with leading construction equipment finance firm Srei BNP Paribas to offer a range of ... Read more...
Posted in Business |
Adani Group acquires port in Australia
May 3rd, 2011 - 8:30 pm ICT by IANS
Ahmedabad, May 3 (IANS) Mundra Port and Special Economic Zone Ltd (MPSEZL), the port arm of Adani Group's flagship company Adani Enterprises Ltd (AEL), Tuesday announced its acquisition of a ... Read more...
Posted in Business |
India sets up 169 rural tourism sites
April 13th, 2011 - 5:43 pm ICT by IANS
New Delhi, April 13 (IANS) India has set up 169 rural tourism sites in the remote but exotic locales of the country to attract foreign tourists eager to sample village ... Read more...
Posted in Business |
GSPC-Gazprom tie up for LNG supply
January 11th, 2011 - 6:35 pm ICT by IANS
Gandhinagar, Jan 11 (IANS) Gazprom Marketing & Trading Ltd (GM&T) and Gujarat State Petroleum Corporation Ltd (GSPC) have concluded an agreement for the sale and purchase of Liquefied Natural Gas (LNG), officials ... Read more...
Posted in Business |
Indian retail investors lost $15-bn opportunity: Fund manager
October 28th, 2010 - 1:39 pm ICT by IANS
By Gyanendra Kumar Keshri
Panjim, Oct 28 (IANS) Retail investors could have gained over $15 billion by investing just 5 percent of their savings in Indian capital markets in the past 30 ... Read more...
Posted in Business |
Anil Ambani group scrips end higher on plan announcements
September 28th, 2010 - 6:51 pm ICT by IANS
Mumbai, Sep 28 (IANS) The scrips of three largest firms in the Reliance Anil Dhirubhai Ambani Group ended higher on the stock markets after near-to-medium-term business plans were unveiled at their respective ... Read more...
Posted in Business |
Anil Ambani mulls public issue, commercial bank for group firms (Roundup)
September 28th, 2010 - 6:25 pm ICT by IANS
Mumbai, Sep 28 (IANS) A public issue, entry in commercial banking and sale of strategic stake to an investor were among a slew of proposals unveiled by the Reliance Anil Dhirubhai Group ... Read more...
Posted in Business |
R-Cap targets Rs.50,000 cr infrastructure lending
September 28th, 2010 - 3:57 pm ICT by IANS
Mumbai, Sep 28 (IANS) Reliance Capital (R-Cap), a part of the $10-billion Anil Dhirubhai Ambani Group, Tuesday said it will offer specialised financial services for infrastructure projects with a target of Rs.50,000 ... Read more...
Posted in Business |
India and China to explore cooperation in road building
September 16th, 2010 - 9:44 pm ICT by IANS
New Delhi, Sep 16 (IANS) India and China have agreed to explore the feasibility of mutual cooperation and financial investment in the road building sector, said an official release Thursday.
"The agreement to ... Read more...
Posted in Business |
People our asset, says CPI-M as it readies 6-storey office
May 6th, 2010 - 7:10 pm ICT by IANS
Thiruvananthapuram, May 6 (IANS) The asset base of the Communist Party of India-Marxist (CPI-M) is the people, a senior party leader said Thursday to questions about the growing assets of the party, ... Read more...
Posted in Politics |
L&T Finance to raise Rs.400-500 crore by March
February 11th, 2010 - 5:47 pm ICT by IANS
Kolkata, Feb 11 (IANS) Engineering major Larsen & Toubro's financial services arm, L&T Finance Ltd, would raise another Rs.400-500 crore through debt after its current Rs.500 crore fund raising through an issue ... Read more...
Posted in Business |
Another Indian company wins hydropower contract in Nepal
June 3rd, 2009 - 5:03 pm ICT by IANS
By Sudeshna Sarkar
Kathmandu, June 3 (IANS) Hyderabad-based PES Engineers has become the fourth Indian company to enter Nepal's hydropower sector, bagging the survey licence for a 110-MW project in remote Kalikot district.The ... Read more...
Posted in Business |
Imperial Energy shareholders accept ONGC offer
December 31st, 2008 - 6:27 pm ICT by IANS
New Delhi, Dec 31 (IANS) The overseas arm of state-run Indian upstream oil major, Oil and Natural Gas Corp, Wednesday announced that more than 96 percent of shareholders of the Leeds-based Imperial ... Read more...
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Morgan Stanley launches private wealth management service
September 15th, 2008 - 10:31 pm ICT by IANS
Mumbai, Sep 15 (IANS) Targeting the growing number of high net worth individuals in India, global financial services firm Morgan Stanley Monday launched its private wealth management services in four cities.Morgan Stanley's ... Read more...
Posted in Business |
Life Insurance Corp’s sales drop 20 percent in east India
September 1st, 2008 - 7:26 pm ICT by IANS
Kolkata, Sep 1 (IANS) Insurance major Life Insurance Corp's (LIC) sales of insurance policies and first premium income in the eastern zone dropped 20 percent during the first five months of the ... Read more...
Posted in Uncategorized |
Magma renames itself, sees 43 percent loan disbursal growth this fiscal
August 13th, 2008 - 6:41 pm ICT by IANS
Kolkata, Aug 13 (IANS) Financial services company Magma Shrachi Finance Limited expects 43 percent growth in loan disbursals in the current fiscal, a top company official said here Wednesday. "Keeping in line ... Read more...
Posted in Business |
Magma Shrachi posts 58 percent jump in revenue
July 22nd, 2008 - 9:06 pm ICT by IANS
Kolkata, July 22 (IANS) Retail asset finance company Magma Shrachi Finance Ltd reported Rs.1.38 billion ($32.8 million) total revenue for the first quarter of the current fiscal against Rs.874 million over the ... Read more...
Posted in Business |
SREI-BNP Paribas Lease Group announce joint venture
April 5th, 2008 - 1:09 pm ICT by admin
Paris, April 5 (IANS) A joint venture between SREI Infrastructure Finance Ltd. of India and BNP Paribas Lease Group of France has begun operations in Kolkata this week in the area of ... Read more...
Posted in Business |