capital investments

Reliance Industries Q1 net profit declines 21 percent

July 20th, 2012 - 9:47 pm ICT by IANS
Mumbai, July 20 (IANS) Reliance Industries (RIL) Friday posted a 21 percent decline in net profit at Rs.4,473 crore for the quarter ended June 30 against Rs.5,661 crore during the ... Read more...

Posted in Business |

Indian economy to grow by 6.9 percent this fiscal (Lead)

February 7th, 2012 - 3:26 pm ICT by IANS
New Delhi, Feb 7 (IANS) The government Tuesday said the Indian economy is expected to expand by 6.9 percent in the current fiscal -- the slowest in three years ... Read more...

Posted in Business |

17 state-run firms to invest Rs.140,000 crore: PM

January 31st, 2012 - 10:16 pm ICT by IANS
New Delhi, Jan 31 (IANS) Prime Minister Manmohan Singh Tuesday said 17 central public sector undertakings (CPSUs) will invest Rs.140,000 crore in the coming year."I am extremely happy to ... Read more...

Posted in Business |

Swedish firms to raise investment, tap new sectors

December 5th, 2011 - 7:59 pm ICT by IANS
New Delhi, Dec 5 (IANS) Swedish companies, both old and new in India, are likely to invest around $400 million (SEK 2.7 billion) in the next two years, especially in ... Read more...

Posted in Business |

Abdullah to present biomass energy plan to cabinet soon

November 29th, 2011 - 2:42 pm ICT by IANS
New Delhi, Nov 29 (IANS) The government may soon bring out a national mission on biomass, on the lines of the one on solar energy, to promote greater investment into ... Read more...

Posted in Business |

Return 3G license fees if roaming pact illegal: Telecom biggies

November 22nd, 2011 - 9:10 pm ICT by IANS
New Delhi, Nov 22 (IANS) Leading telecom service providers Bharti Airtel, Vodafone and Idea Cellular Tuesday sought the prime minister's intervention in the 3G Intra Circle Roaming (ICR) issue ... Read more...

Posted in Business |

Greater Noida contractors hold protest

July 24th, 2011 - 9:50 pm ICT by IANS
Noida, July 24 (IANS) After farmers, home buyers and builders, contractors protested here Sunday against stoppage of construction work at various housing projects in Greater Noida following court orders.About 36 ... Read more...

Posted in Business |

India, Bangladesh ink investment pact, to jointly fight terror (Lead)

July 7th, 2011 - 9:09 pm ICT by IANS
Dhaka, July 7 (IANS) Ahead of Indian Prime Minister Manmohan Singh's visit to Bangladesh in September, the two neighbours Thursday signed two key pacts to enhance mutual investment and ... Read more...

Posted in Uncategorized |

Public cloud computing to touch Rs.2,434 crore by 2014

June 7th, 2011 - 11:40 pm ICT by IANS
New Delhi, June 7 (IANS) After growing 53 percent at a compound annual growth rate (CAGR) in 2010-2014, the public cloud computing market in India is estimated to touch Rs.2,434 ... Read more...

Posted in Sci-Tech |

Telecom second largest corrupt sector: KPMG

March 15th, 2011 - 12:07 am ICT by IANS
New Delhi, March 14 (IANS) In the wake of the second generation (2G) spectrum scam, a survey on bribery and corruption in India by global consultancy firm KPMG has ... Read more...

Posted in Business |

HAL awaits government nod to go public soon

February 10th, 2011 - 4:43 pm ICT by IANS
Bangalore, Feb 10 (IANS) India's defence behemoth Hindustan Aeronautics Ltd (HAL) is awaiting the government's green signal to go public soon to raise funds and improve its corporate governance, an official said ... Read more...

Posted in Business |

Tamil Nadu unveils policy for rural BPOs

August 16th, 2010 - 9:38 pm ICT by IANS
Chennai, Aug 16 (IANS) The Tamil Nadu government Monday announced a special policy offering capital and training subsidy to rural business process outsourcing (BPO) units. Tamil Nadu being a major Information and Communication ... Read more...

Posted in Business |

US economic growth for first quarter downgraded

June 25th, 2010 - 9:26 pm ICT by IANS
Washington, June 25 (DPA) US economic growth for the first quarter of 2010 was less than previously estimated, falling to an annualised rate 2.7 percent in final figures released Friday by the ... Read more...

Posted in Business |

Gujarat NRE to invest Rs.1,000 crore for plant in Andhra

May 13th, 2010 - 6:48 pm ICT by IANS
Kolkata, May 13 (IANS) Metallurgy coke producer Gujarat NRE Coke plans to invest Rs.800-1,000 crore for a plant in Andhra Pradesh, a top company official said Thursday. "We are waiting for the land. ... Read more...

Posted in Business |

Petrol, diesel costlier from April 1 in 13 cities

March 31st, 2010 - 7:20 pm ICT by IANS
New Delhi, March 31 (IANS) The government is raising the prices of petrol and diesel by over one percent in 13 cities, where the Euro-IV grade low-sulphur fuel will be supplied from ... Read more...

Posted in Business |

Jayshree Chemicals plans power projects

March 15th, 2010 - 7:26 pm ICT by IANS
Kolkata, March 15 (IANS) S.K. Bangur Group company Jayshree Chemicals Limited is planning to set up three hydro power projects for Rs.220 crore in Gajapati district of Orissa, a top company official ... Read more...

Posted in Business |

Abu Dhabi to attract $12 bn capital investments

January 30th, 2010 - 4:44 am ICT by IANS
Abu Dhabi, Jan 30 (IANS) Abu Dhabi will attract new capital investments worth more than 45 billion dirhams (about $12 billion) over the next five years, WAM news agency said citing an ... Read more...

Posted in Business |

Clinton begins Pakistan visit

October 28th, 2009 - 12:58 pm ICT by IANS
Islamabad, Oct 28 (DPA) US Secretary of State Hillary Rodham Clinton arrived in Pakistan Wednesday on a three-day visit aimed at deepening bilateral cooperation and helping its close ally tackle Taliban ... Read more...

Posted in World |

Wipro unveils virtual centre for testing services

May 28th, 2009 - 9:44 pm ICT by IANS
Bangalore, May 28 (IANS) Global software major Wipro Technologies has set up a virtual innovation centre for testing services on Second Life, the popular virtual world, the IT bellwether said Thursday. "The innovation ... Read more...

Posted in Business |

Financial meltdown a boon for small factories in Punjab

January 20th, 2009 - 1:40 pm ICT by IANS
Mohali (Punjab), Jan 20 (IANS) The global financial slump has come as a boon for small industrial units in Punjab. As the bigger units pare down production and focus on cost-cutting, orders ... Read more...

Posted in South Asia |

Tax holiday for five-star hotels advocated

January 18th, 2009 - 3:52 pm ICT by IANS
New Delhi, Jan 18 (IANS) A leading industry lobby has advocated a five-year tax holiday for hotels including five-star establishments in and around the capital to expedite hotel room construction before the ... Read more...

Posted in Business |

Anil Ambani firm to help Afghanistan rebuild power distribution

December 5th, 2008 - 7:32 pm ICT by IANS
New Delhi, Dec 5 (IANS) A power distribution company belonging to the Anil Dhirubhai Ambani Group met a high level delegation from Afghanistan Friday to rebuild electricity distribution in that war-ravaged country. ... Read more...

Posted in Business |

‘ONGC moves to acquire oil company active in Russia’

July 15th, 2008 - 8:11 pm ICT by IANS
New York, July 15 (IANS) Indian public sector petroleum company Oil and Natural Gas Corp (ONGC) has made an approach to acquire Imperial Energy Corp, a London-listed company focussed on Russia, Wall ... Read more...

Posted in Uncategorized |

We shall build a golden Gujarat by 2010: Modi

May 3rd, 2008 - 12:13 am ICT by admin
Ahmedabad, May 2(IANS) Chief Minister Narendra Modi Friday appealed to the people of Gujarat to help build a 'golden state' as it approaches the 50th year of its formation in two years. ... Read more...

Posted in Politics |

South Korean economy to grow 4.9 percent in 2008

March 11th, 2008 - 4:50 pm ICT by admin
Seoul, March 11 (IANS) The South Korean economy is expected to grow 4.9 percent during 2008 on a recovery of private consumption and brisk exports, global financial services firm Morgan Stanley said ... Read more...

Posted in Business |

Need to take manufacturing growth rate to double digits: Chidambaram

February 29th, 2008 - 6:41 pm ICT by admin
New Delhi, Feb 29 (IANS) The growth rate of Indian manufacturing needs to be pushed to double digits though the sector has been affected by rupee appreciation and high interest rates, Finance ... Read more...

Posted in Business |

Andhra Pradesh SEZs to attract Rs.350 bn investment

February 16th, 2008 - 7:31 pm ICT by admin
Hyderabad, Feb 16 (IANS) Andhra Pradesh is expected to attract an investment of Rs.350 billion and create 2.5 million jobs through Special Economic Zones (SEZs) proposed to be set up in the ... Read more...

Posted in Business |

IT investments at fortune 1000 companies riskier than ordinary capital investments: Study

December 30th, 2007 - 12:06 pm ICT by admin
Washington, December 30 (ANI): A study of Fortune 1000 companies led by two Indian-origin researchers at the University of California at Irvine suggests that investments in information technology carry more risk than ... Read more...

Posted in Health Science |