business growth

Tata to take ‘Himalayan’ water brand to new markets


August 31st, 2012 - 11:55 pm ICT by IANS
Kolkata, Aug 31 (IANS) Tata Global Beverages, a part of the Tata Group, Friday said it is working on increasing the penetration of its 'Himalayan' water brand and aiming to ... Read more...

Posted in Business |

UBI to seek Rs.1,000 crore from government


August 16th, 2012 - 7:09 pm ICT by IANS
Kolkata, Aug 16 (IANS) Public sector lender Union Bank of India (UBI) will seek capital investment up to Rs.10 billion from the central government to clock around 18-20 percent growth ... Read more...

Posted in Business |

Non-life insurers log 17 percent growth in first quarter


July 12th, 2012 - 4:36 pm ICT by IANS
Chennai, July 12 (IANS) The 24 non-life insurance companies logged 17.96 percent business growth during the first quarter of the current fiscal, said industry sources."The industry closed the first quarter ... Read more...

Posted in Business |

‘Delayed monsoon to affect credit offtake in farm sector’


July 9th, 2012 - 6:28 pm ICT by IANS
Kolkata, July 9 (IANS) The delayed monsoon in the country will hit the banking sector as it is set to affect credit offtake in the farm sector, a top official ... Read more...

Posted in Business |

Infosys expands operations in Japan


June 25th, 2012 - 7:59 pm ICT by IANS
Bangalore, June 25 (IANS) Global software major Infosys Ltd expanded its operations in Japan by opening its second office at Nagoya to enhance its footprint in the Chubu manufacturing hub, ... Read more...

Posted in Business |

Allahabad Bank targets 21 percent growth this fiscal


June 14th, 2012 - 6:53 pm ICT by IANS
Kolkata, June 14 (IANS) Public sector lender Allahabad Bank Thursday said it has targeted a business growth of 21.39 percent, and a business level of around Rs.3,300 billion by end ... Read more...

Posted in Uncategorized |

Bata to focus on women and kids segment


May 30th, 2012 - 7:02 pm ICT by IANS
Kolkata, May 30 (IANS) Footwear maker and retailer Bata India Wednesday said it would focus on the women and kids segments for business growth and invest about Rs.450 million over ... Read more...

Posted in Business |

Lloyd’s of London eyes India, China for growth


May 12th, 2012 - 2:46 pm ICT by IANS
London, May 12 (IANS) Lloyd's of London, Britain's 325-year-old insurance and reinsurance market, has unveiled a plan to substantially promote its business growth in emerging markets, including India, China ... Read more...

Posted in Business |

Allahabad Bank reports 55 percent rise in Q4 net profit


May 5th, 2012 - 10:47 pm ICT by IANS
Kolkata, May 5 (IANS) Backed by healthy growth in its core business, public sector lender Allahabad Bank Saturday reported a 55.36 percent growth in its net profit for the quarter ... Read more...

Posted in Business |

UBI Q4 net up 4 percent


May 5th, 2012 - 10:10 pm ICT by IANS
Kolkata, May 5 (IANS) Kolkata-based United Bank of India (UBI) Saturday said it has registered a 4.2 percent growth in its net profit to Rs.1.49 billion for the quarter ended ... Read more...

Posted in Business |

IOB targets 20 percent business growth in 2012-13


May 5th, 2012 - 10:07 pm ICT by IANS
Chennai, May 5 (IANS) The government-owned Indian Overseas Bank (IOB) hopes to log 20 percent growth in its total business (deposits plus advances) this fiscal while hoping to rein its ... Read more...

Posted in Business |

Kerala-born Yusuffali making waves in Gulf


April 23rd, 2012 - 8:26 pm ICT by IANS
Abu Dhabi, April 23 (IANS) Kerala-born M. A. Yusuffali is today dubbed as one of the most influential Indians in the Gulf Cooperation Council (GCC), a political and economic alliance ... Read more...

Posted in World |

Need to spur product innovation in India: Expert


March 27th, 2012 - 5:21 pm ICT by IANS
Bangalore, March 27 (IANS) Product innovation is lagging behind in India in software and hardware space as the ecosystem for driving it is still in the development stage, an industry ... Read more...

Posted in Sci-Tech |

Federal Bank to open 100 branches in a single day


March 6th, 2012 - 8:32 pm ICT by IANS
Mumbai, March 6 (IANS) Kerala-based Federal Bank would expand its footprint opening 100 more branches on a single day, March 10, across India, taking the total branch network to 938, ... Read more...

Posted in Business |

US to raise issue of bottlenecks in Indian ports


February 20th, 2012 - 9:52 pm ICT by IANS
Chennai, Feb 20 (IANS) The US will raise the concerns of its companies operating in India with regard to infrastructure and congestion of ports with the Indian officials, visiting Under ... Read more...

Posted in Uncategorized |

United India to cross Rs.8,000 crore premium


February 14th, 2012 - 6:31 pm ICT by IANS
Chennai, Feb 14 (IANS) United India Insurance Co has logged a fresh premium of Rs.5,872 crore in the first nine months of the current fiscal and hopes to cross a ... Read more...

Posted in Business |

Africa to be ‘next centre of growth’ for Bank of Baroda


February 11th, 2012 - 5:27 pm ICT by IANS
Kolkata, Feb 11 (IANS) Public sector lender Bank of Baroda (BoB) is planning to expand its network in Africa for its incremental business growth by opening ten new branches in ... Read more...

Posted in Business |

Bank of Baroda expects 24 pc growth


February 11th, 2012 - 11:14 am ICT by IANS
Kolkata, Feb 11 (IANS) State-owned Bank of Baroda (BoB) is expecting total business growth of about 24 percent over last year at the end of March 2012."We plan to achieve ... Read more...

Posted in Business |

US expert for melding of ‘jugad’, systematic imagination


December 8th, 2011 - 9:57 pm ICT by IANS
New Delhi, Dec 8 (IANS) A leading Indian American design expert has called for melding "jugad and systematic imagination to create better economic opportunities".Vijay Kumar, professor at the Institute of ... Read more...

Posted in Life Style |

United India Insurance targets Rs.8,000 crore premium


November 10th, 2011 - 7:06 pm ICT by IANS
Chennai, Nov 10 (IANS) Logging an average business growth of 27 percent this fiscal, public sector non-life insurer United India Insurance Company Ltd Thursday said it is targeting a gross ... Read more...

Posted in Business |

China important for US business growth: Expert


October 7th, 2011 - 2:41 pm ICT by IANS
Chicago, Oct 7 (IANS) China is becoming increasingly important for the future growth of American companies doing business with China, said a US business expert here.John Frisbie, president of the ... Read more...

Posted in Business |

Fashion weeks don’t drive business: Former FDCI chief


October 2nd, 2011 - 11:36 am ICT by IANS
New Delhi, Oct 2 (IANS) Fashion weeks are giving recognition to new designers, but they are not driving business growth, says Vinod Kaul, a former director of the Fashion Design ... Read more...

Posted in Life Style |

Magma Fincorp focusing on western, southern India


September 5th, 2011 - 11:45 am ICT by IANS
Kolkata, Sep 5 (IANS) Magma Fincorp Limited, one of the largest asset financing non-banking financial companies (NBFCs) in India, is focusing on western and southern parts of the country to ... Read more...

Posted in Business |

LG plans to invest Rs 1,000 crore in India


August 16th, 2011 - 10:56 pm ICT by IANS
Kolkata, Aug 16 (IANS) Electronics major LG Electronics will invest Rs.1,000 crore in India in the next two years, a top company executive said Tuesday.The company will either set up ... Read more...

Posted in Business |

UCO Bank Q1 net profit up 12.42 percent


July 27th, 2011 - 9:47 pm ICT by IANS
Kolkata, July 27 (IANS) Public sector UCO Bank Wednesday reported a 12.42 percent year-on-year growth in its net profit for April-June 2011, which stood at Rs.292 crore.Total business of the ... Read more...

Posted in Business |

Wipro projects marginal growth in second quarter


July 20th, 2011 - 11:25 am ICT by IANS
Bangalore, July 20 (IANS) Global software major Wipro Ltd Wednesday projected an average revenue of $1.5 billion for the second quarter (July-September) of this fiscal (2011-12).It is sequentially marginal to ... Read more...

Posted in Business |

Non-life insurers log 27 percent business growth in May


June 25th, 2011 - 7:45 pm ICT by IANS
Chennai, June 25 (IANS) The Indian non-life insurance sector logged around 27 percent business growth in May 2011 over the corresponding period in 2010, as per the figures released by ... Read more...

Posted in Business |

Allahabad Bank eyes business growth of 24 percent (Lead)


June 10th, 2011 - 5:22 pm ICT by IANS
Kolkata, June 10 (IANS) The state-run Allahabad Bank has targeted a business growth of 24 percent during the current 2011-12 financial year, a top bank official said here Friday.The ... Read more...

Posted in Business |

Allahabad Bank eyes business growth of 24 percent


June 10th, 2011 - 3:01 pm ICT by IANS
Kolkata, June 10 (IANS) The state-run Allahabad Bank has targeted a business growth of 24 percent during the current financial year 2011-12, a top bank official said here Friday.The bank ... Read more...

Posted in Business |

HCL to provide IT services to Etisalat customers


May 9th, 2011 - 11:31 pm ICT by IANS
Bangalore, May 9 (IANS) Leading Indian infotech major HCL Technologies will provide ICT (information and communication technology) services to customers of Gulf telecom operator Etisalat, a statement said Monday.As per ... Read more...

Posted in Sci-Tech |

Finnish energy firm to expand business in India


April 17th, 2011 - 2:03 pm ICT by IANS
Helsinki (Finland), April 17 (IANS) Ensto, a Finland-based provider of sustainable energy solutions, considers India as a more important market than China and plans to expand its business in the ... Read more...

Posted in Business |

Infosys to hire 32,000 this fiscal


April 15th, 2011 - 9:01 pm ICT by IANS
Bangalore, April 15 (IANS) Robust growth and increasing demand for outsourcing are propelling Infosys Technologies Ltd to hire an estimated 32,000 people during fiscal 2011-12, a senior official of the ... Read more...

Posted in Business |

AppLabs opens office in Chicago


March 16th, 2011 - 9:26 pm ICT by IANS
Hyderabad, March 16 (IANS) AppLabs, a leading software testing and quality management company, has opened a new office in Chicago, US, to serve its customers in the Midwest region, ... Read more...

Posted in Business |

Juniper Networks to expand R&D operations in India


December 14th, 2010 - 8:26 pm ICT by IANS
Bangalore, Dec 14 (IANS) US-based networking products firm Juniper Networks Tuesday announced plans to expand its research and development (R&D) operations in Bangalore for a key role in its global product development."We ... Read more...

Posted in Business |

Apollo Munich Health eyes premium income of Rs.210 cr


December 14th, 2010 - 1:33 pm ICT by IANS
Chennai, Dec 14 (IANS) Standalone health insurer Apollo Munich Health Insurance Company is hoping to close this fiscal with a premium income of Rs.210 crore (over $46 million) and also expand its ... Read more...

Posted in Business |

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