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Vehicle insurance via cellphone launched


August 27th, 2012 - 10:15 pm ICT by IANS
Chennai, Aug 27 (IANS) City-based Cholamandalam M.S. General Insurance Company Ltd. Monday announced the launch of 'Policy on the Go' for issuing vehicle insurance policies.The company said 'Policy on the ... Read more...

Posted in Sci-Tech |

NALCO’s Q1 net profit down 41 per cent


August 16th, 2012 - 7:27 pm ICT by IANS
Bhubaneswar, Aug 16 (IANS) The state-run National Aluminium Company Ltd (NALCO). Thursday said it has recorded a 41 per cent decline in net profit in the first quarter ended ... Read more...

Posted in Business |

Nalco puts Indonesia smelter project on hold


August 15th, 2012 - 2:35 pm ICT by IANS
Bhubaneswar, Aug 15 (IANS) The state-run National Aluminium Company Ltd. (Nalco) Wednesday said it has put on hold its proposed alumina smelter project in Indonesia due to uncertainty over the ... Read more...

Posted in Business |

TVS Motor logs negative growth in July


August 1st, 2012 - 5:31 pm ICT by IANS
Chennai, Aug 1 (IANS) Two- and three-wheeler manufacturer TVS Motor Company Ltd had a 28,707 unit-fall in sales last month as compared to the units sold during July 2011, a ... Read more...

Posted in Business |

Grid failure hits NALCO power units in Odisha


August 1st, 2012 - 1:38 am ICT by IANS
Bhubaneswar, July 31 (IANS) Two units of the captive power plant of the state-run National Aluminium Company Ltd (NALCO) in Odisha collapsed Tuesday due to the failure of Eastern Grid, ... Read more...

Posted in Business |

China launches its largest patrol vessel


July 28th, 2012 - 10:47 pm ICT by IANS
Beijing, July 28 (IANS) China launched its largest and most advanced patrol vessel Saturday in a bid to maintain its marine sovereignty and enhance its rescue efficiency, Xinhua reported.Launched in ... Read more...

Posted in Uncategorized |

Dhunseri acquires tea estates in Africa


July 28th, 2012 - 7:38 pm ICT by IANS
Kolkata, July 28 (IANS) Kolkata-based Dhunseri Petrochem & Tea Limited (DPTL) has acquired tea estates in the southeastern African country of Malawi, the company said in a regulatory filing.The company ... Read more...

Posted in Business |

HDFC Standard Life sells 4,000 Smart Woman policies


July 24th, 2012 - 6:17 pm ICT by IANS
Chennai, July 24 (IANS) Private life insurer HDFC Standard Life Insurance Company Ltd has sold around 4,000 Smart Woman policies targeted at women since its launch last month, said a ... Read more...

Posted in Business |

Insurance regulator slaps Rs.1.5 million fine on IndusInd Bank


July 6th, 2012 - 1:02 am ICT by IANS
Chennai, July 5 (IANS) The Insurance Regulatory and Development Authority (IRDA) Thursday slapped a fine of Rs.1.5 million on private IndusInd Bank for violation of corporate agency regulations.IndusInd Bank is ... Read more...

Posted in Business |

NALCO to set up hospital in Odisha


July 5th, 2012 - 10:37 pm ICT by IANS
Bhubaneswar, July 5 (IANS) State-run National Aluminium Company Ltd. (NALCO) will set up a medical college and hospital in Odisha's impoverished Koraput district in the next two years, Health Minister ... Read more...

Posted in Health |

HDFC Standard Life COO quits


July 3rd, 2012 - 4:25 pm ICT by IANS
Chennai, July 3 (IANS) Private life insurer HDFC Standard Life Insurance Company Ltd.'s executive director and chief operating officer Paresh Parasnis has put down his papers, said company and industry ... Read more...

Posted in Business |

TVS Motor sales down in May


June 1st, 2012 - 5:20 pm ICT by IANS
Chennai, June 1 (IANS) Two- and three-wheeler maker TVS Motor Company Ltd closed last month selling 176,012 units, down from 185,930 units sold during May 2011.In a statement issued Friday, ... Read more...

Posted in Business |

Pakistan raises minimum monthly wage


May 1st, 2012 - 10:06 pm ICT by IANS
Islamabad, May 1 (IANS) Pakistan Prime Minister Yousuf Raza Gilani Tuesday announced an increase in the minimum monthly wage of workers by Rs.1,000 to Rs.8,000.Gilani said pension, debt and ... Read more...

Posted in South Asia |

TVS Motor sales up 7 percent in April


May 1st, 2012 - 3:21 pm ICT by IANS
Chennai, May 1 (IANS) Two and three-wheeler maker TVS Motor Company Ltd closed April with a 7 percent growth in sales volume in the domestic market as compared to the ... Read more...

Posted in Business |

Taj GVK net profit dips by 32 percent


April 30th, 2012 - 7:03 pm ICT by IANS
Hyderabad, April 30 (IANS) Hyderabad-based Taj GVK Hotels and Resorts Ltd, a joint venture between the GVK group and the Tata group's Indian Hotels Company Ltd, has reported a decline ... Read more...

Posted in Business |

Analjit Singh to be non-executive chairman of Vodafone India


February 10th, 2012 - 3:06 pm ICT by IANS
New Delhi, Feb 10 (IANS) The Vodafone Group Friday named Analjit Singh as the non-executive chairman of its India operations.Singh, a leading industry figure in India, is the founder and ... Read more...

Posted in Sci-Tech |

TVS Motor logs five percent sales growth in January


February 1st, 2012 - 12:56 pm ICT by IANS
Chennai, Feb 1 (IANS) Two- and three-wheeler maker TVS Motor Company Ltd closed last month with a five percent sales growth compared to January 2011.Announcing the monthly sales figures Wednesday, ... Read more...

Posted in Business |

TVS Motor launches upgraded TVS Star City model


January 24th, 2012 - 6:58 pm ICT by IANS
Chennai, Jan 24 (IANS) TVS Motor Company Ltd, which manufactures two- and three-wheelers, Tuesday announced the launch of an upgraded version of its 110cc motorcycle TVS Star City.In a statement, ... Read more...

Posted in Business |

Chhattisgarh to add 1,500 MW power by 2012


November 22nd, 2011 - 3:40 pm ICT by IANS
Raipur, Nov 22 (IANS) Coal-rich Chhattisgarh will add 1,500 MW electricity by 2012 that will raise its power generation capacity to 3,424 MW from the current 1,924 MW, official sources ... Read more...

Posted in Business |

New head for insurer’s lobby


November 14th, 2011 - 9:44 pm ICT by IANS
Chennai, Nov 14 (IANS) Oriental Insurance Company Ltd's general manager A.K. Bhandari Monday took over as the new chief executive of public sector non-life insurer's lobby General Insurers' (Public Sector) ... Read more...

Posted in Business |

NALCO sees aluminium prices in $2100-$2300 per tonne range


November 11th, 2011 - 5:11 pm ICT by IANS
Bhubaneswar, Nov 11 (IANS) Global aluminium prices are likely to remain in a $2200-$2300 per tonne range for at least the next three-four months as uncertainty in Greece continues to ... Read more...

Posted in Business |

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 |

Falling telecom mast kills 2 in southwest Ghana


November 1st, 2011 - 7:40 pm ICT by BNO News
TAKORADI, GHANA (BNO NEWS) -- Two people were crushed to death on Monday when a telecom mast fell down in the western port city of Takoradi in southwest Ghana, officials said on ... Read more...

Posted in World News |

NALCO to import two lakh tonnes coal


October 21st, 2011 - 7:07 pm ICT by IANS
Bhubaneswar, Oct 21 (IANS) The state-run National Aluminium Company Ltd (NALCO) Friday placed an order with a government agency to import two lakh tonnes of coal to meet shortfall, an ... Read more...

Posted in Business |

NALCO continues output cut as coal supply stays thin


October 20th, 2011 - 7:37 pm ICT by IANS
Bhubaneswar, Oct 20 (IANS) The state-run National Aluminium Company Ltd continued to cut its daily aluminium output by ten percent because of the prevailing coal crisis, a senior company official ... Read more...

Posted in Business |

NALCO bags top export Capexil award


October 3rd, 2011 - 8:00 pm ICT by IANS
Bhubaneswar, Oct 3 (IANS) The state-owned National Aluminium Company Ltd (NALCO) Monday said it has bagged the top export Capexil award for its outstanding export performance during 2010-11.Capexil is a ... Read more...

Posted in Business |

Sand artist creates image on earth quake


September 20th, 2011 - 12:51 am ICT by IANS
Bhubaneswar, Sep 19 (IANS) Sand artist Sudarsan Pattnaik Monday created an image on the beach of his home town Puri in Orissa as a tribute to the victims of the ... Read more...

Posted in Life Style |

Retail chain to sell Brand Himachal


September 16th, 2011 - 7:51 pm ICT by IANS
New Delhi, Sep 16 (IANS) Retail chain Future Group Friday announced its intention to sell Himachal Pradesh's famed apples and other agriculture produce in its retail outlets across the country.A ... Read more...

Posted in Business |

‘People’s strike’ brings Telangana to a halt


September 13th, 2011 - 7:36 pm ICT by IANS
Hyderabad, Sep 13 (IANS) The administration in the Telangana region of Andhra Pradesh came to a standstill as the "people's strike" began Tuesday, intensifying the movement for separate statehood ... Read more...

Posted in Politics |

Coal shortage forces NALCO to cut aluminium production


September 10th, 2011 - 6:06 pm ICT by IANS
Bhubaneswar, Sep 10 (IANS) A shortage of coal has forced state-owned National Aluminium Company Ltd (NALCO) to cut its daily aluminium production by about 78 tonnes, an official said Saturday.The ... Read more...

Posted in Business |

NALCO to sponsor tribal kids’ education


September 7th, 2011 - 11:58 pm ICT by IANS
Bhubaneswar, Sep 7 (IANS) State-run National Aluminium Company Ltd (NALCO) Wednesday said it will sponsor the education of about 250 tribal children living in the vicinity of its project in ... Read more...

Posted in Business |

Free power connection for 15 lakh poor Bengal families


September 6th, 2011 - 11:07 pm ICT by IANS
Kolkata, Sep 6 (IANS) About 15 lakh poor families in West Bengal will get free electricity connecctions in this financial year, an official said Tuesday."A total of 15 lakh BPL ... Read more...

Posted in Uncategorized |

Panasonic Home Appliances spending $3 mn to expand capacity


September 6th, 2011 - 9:00 pm ICT by IANS
Chennai, Sep 6 (IANS) With the demand for its electric rice cookers and premium mixer-grinders picking up, the city-based Panasonic Home Appliances Company Ltd is doubling its production capacity ... Read more...

Posted in Business |

Tibetan tea museum to open in Lhasa


September 2nd, 2011 - 4:27 pm ICT by IANS
Lhasa, Sep 2 (IANS) A Tibetan tea museum will open by 2013 in Lhasa to promote the rich Tibetan tea culture that dates back 1,300 years.The China Tibetan tea union ... Read more...

Posted in World |

TVS Motor logs 14 percent sales growth in August


September 1st, 2011 - 2:03 pm ICT by IANS
Chennai, Sep 1 (IANS) Two and three wheeler manufacturer TVS Motor Company Ltd closed August with 14 percent sales growth over that of August 2010, the company said in a ... Read more...

Posted in Uncategorized |

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