Buffett firm to open 1,000 ice cream stores in China
February 10th, 2012 - 7:05 pm ICT by IANS
Beijing, Feb 10 (IANS) The International Dairy Queen (IDQ), part of American business mogul Warren Buffett's Berkshire Hathaway conglomerate, plans to open 1,000 ice cream stores in China, a media ... Read more...
Posted in World |
Sistema to contest Supreme Court verdict on 2G licence
February 3rd, 2012 - 9:03 pm ICT by IANS
New Delhi, Feb 3 (IANS) Russian conglomerate Sistema Friday said it will seek legal remedies to safeguard its interests in India and the telecom operations under the joint venture with ... Read more...
Posted in Business |
Larsen and Toubro’s third quarter net profit up 18 percent
January 23rd, 2012 - 6:22 pm ICT by IANS
Mumbai, Jan 23 (IANS) Conglomerate Larsen and Toubro (L&T;) Monday reported a 17.96 percent rise in net profit for the third quarter of the current fiscal at Rs.991.55 crore from ... Read more...
Posted in Business |
ITC’s quarterly net profit rises 22.4 percent
January 20th, 2012 - 3:51 pm ICT by IANS
Mumbai, Jan 20 (IANS) FMCG major ITC Friday reported a 22.4 percent rise in net profit at Rs.1,701 crore for the quarter ended Dec 31, beating analyst forecasts.The company also ... Read more...
Posted in Business |
Airbus saw record orders, deliveries in 2011
January 18th, 2012 - 6:05 pm ICT by IANS
Berlin, Jan 18 (IANS) With a smart market strategy and key innovations, European aircraft conglomerate Airbus witnessed record orders and deliveries last year, the company has said.The company said at ... Read more...
Posted in Business |
Russian tycoon to invest $1 bn in US real estate
December 21st, 2011 - 6:33 pm ICT by IANS
Moscow, Dec 21 (IANS/RIA Novosti) Russian billionaire Mikhail Fridman, the owner of financial conglomerate Alfa-Group, is set to invest up to $1 billion in properties on the east coast of ... Read more...
Posted in Uncategorized |
Mexican bottler to build $140 mn plant in Brazil
December 7th, 2011 - 11:46 am ICT by IANS
Mexico City, Dec 7 (IANS/EFE) Mexico's Coca-Cola Femsa, the world's largest bottler of Coca-Cola Co. products, said it broke ground on a $140 million plant in Brazil's Minas Gerais state.The ... Read more...
Posted in Business |
Thales bags ticketing system contract for Gurgaon Metro
December 6th, 2011 - 4:47 pm ICT by IANS
New Delhi, Dec 6 (IANS) Technology conglomerate Thales Tuesday said it has bagged a contract to build an automatic fare collection system for the Gurgaon MetroRail."Thales will develop a central ... Read more...
Posted in Business |
Toshiba Elevator sets up unit in Middle East
November 29th, 2011 - 4:45 pm ICT by IANS
Dubai, Nov 29 (IANS) Toshiba Elevator, a unit of Japanese conglomerate Toshiba Corporation, Tuesday said it has set up a new firm aimed to expand its operation in the Middle ... Read more...
Posted in World |
Tata Group scrips lacklustre a day after after Mistry appointment
November 24th, 2011 - 2:34 pm ICT by IANS
Mumbai, Nov 24 (IANS) A day after the Tata Group chose Cyrus Mistry as the successor to Ratan Tata, the markets reacted tepidly to the news and the conglomerate's scrips ... Read more...
Posted in Business |
What led Geelani to soften his separatist stand?
October 25th, 2011 - 10:48 am ICT by IANS
Srinagar, Oct 25 (IANS) Improving relations between India and Pakistan may have contributed to radical Kashmiri separatist Syed Ali Geelani to take a fresh stand that has angered pro-Pakistan elements.While ... Read more...
Posted in South Asia |
Toshiba bags elevator contract for Mumbai housing project
October 8th, 2011 - 8:04 pm ICT by IANS
New Delhi, Oct 8 (IANS) Toshiba Elevator, a unit of Japanese conglomerate Toshiba Corporation, has won the elevator contract in One Avighna Park, a $411 million residential-cum-commercial project in Mumbai.This ... Read more...
Posted in Uncategorized |
GE chief doesn’t foresee another global recession
September 26th, 2011 - 11:19 pm ICT by IANS
Bangalore, Sep 26 (IANS) General Electric (GE) chief executive Jeffrey R. Immelt Monday sounded optimistic about the world economy weathering the present crisis and averting another global recession."At a ... Read more...
Posted in Business |
GE bets on India; to hire 6,000 more
September 26th, 2011 - 10:12 pm ICT by IANS
Bangalore, Sep 26 (IANS) The $150-billion global major General Electric (GE) is betting on India for exponential growth and plans to hire about 6,000 more people over the next five ... Read more...
Posted in Business |
Investment in Bengal only if there is no hostility: Tata
August 30th, 2011 - 10:18 pm ICT by IANS
Kolkata, Aug 30 (IANS) The Tata Group will invest in West Bengal only if it is satisfied that the state government has no hostility towards it, the conglomerate's chairman ... Read more...
Posted in Business |
Japanese firms eye India with pills to keep you young, healthy
August 29th, 2011 - 1:33 pm ICT by IANS
New Delhi, Aug 29 (IANS) In a bid to tap the $1-billion nutraceutical market in India products that combine the benefits of nutrition with pharmaceuticals two Japanese firms ... Read more...
Posted in Business |
Fire destroys Richard Branson’s island house after lightning strike during Irene
August 23rd, 2011 - 2:38 pm ICT by BNO News
SAN JUAN (BNO NEWS) -- Twenty people escaped a fire sparked by lightning which broke out in Virgin tycoon Richard Branson's private island house in the Caribbean on early Monday, he said ... Read more...
Posted in World News |
Plan to build electric motorcycles in Brazil
August 9th, 2011 - 11:55 am ICT by IANS
Rio de Janeiro, Aug 9 (IANS/EFE) Brazilian utility Light has announced that it acquired an interest in the plant that China's Zongshen group is building in Brazil to produce electric ... Read more...
Posted in Uncategorized |
China’s kung fu town to build global martial arts conglomerate
August 4th, 2011 - 11:55 am ICT by IANS
Beijing, Aug 4 (IANS) China's kung fu town of Denfeng, where the famed Shaolin Temple is located, has plans to merge all its kung fu schools into a martial arts ... Read more...
Posted in Sports |
Mahindra, Eurocopter ink product development deal
July 26th, 2011 - 9:45 pm ICT by IANS
New Delhi, July 26 (IANS) Indian conglomerate Mahindra Group's subsidiaries Mahindra Aerospace and Mahindra Satyam Tuesday entered into an agreement with international helicopter manufacturer Eurocopter for the joint design and ... Read more...
Posted in Business |
Arvind eyes Rs.400 crore revenue from new business format
June 17th, 2011 - 8:08 pm ICT by IANS
Hyderabad, June 17 (IANS) Leading textiles conglomerate and apparel retailer Arvind Ltd plans to set up 70 more Arvind stores across the country during the current financial year and has ... Read more...
Posted in Business |
AIFF signs five-year deal with Pailan Group for Indian Arrows
June 15th, 2011 - 9:43 pm ICT by IANS
New Delhi, June 15 (IANS) The All India Football Federation (AIFF) has signed a five-year sponsorship deal with the Pailan Group for the Indian Arrows team, which will now shift ... Read more...
Posted in Uncategorized |
Hurriyat revokes suspension of Ittehadul Muslimeen
June 2nd, 2011 - 12:20 am ICT by IANS
Srinagar, June 1 (IANS) The nearly two-month-long suspension of the Moulvi Abbas Ansari-led Ittehadul Muslimeen from the moderate Hurriyat Conference in Kashmir was Wednesday revoked by the conglomerate, a press ... Read more...
Posted in Uncategorized |
Indian firms hiring workers in North America: Report (Lead)
May 23rd, 2011 - 3:14 pm ICT by IANS
Washington, May 23 (IANS) India's outsourcing giants, faced with rising wages at home, are looking for growth opportunities in the US with many of them hiring workers in North America, ... Read more...
Posted in Business |
ITC fourth quarter net profit up 24.6 percent
May 20th, 2011 - 5:35 pm ICT by IANS
Mumbai, May 20 (IANS) FMCG major ITC Friday reported a 24.63 percent rise in net profit to Rs.1,281.48 crore, helped by a continued good show of the company's cigarettes business.During ... Read more...
Posted in Business |
Essar CEO quizzed by CBI, Khaitan Group members summoned (Lead, superseding earlier story)
May 13th, 2011 - 12:00 am ICT by IANS
New Delhi, May 12 (IANS) The Central Bureau of Investigation (CBI) Thursday questioned Prashant Ruia, the chief executive officer of the Essar group, for irregularities in the allocation of 2G ... Read more...
Posted in Business |
Essar CEO, Khaitan Group members quizzed by CBI
May 12th, 2011 - 10:36 pm ICT by IANS
New Delhi, May 12 (IANS) The Central Bureau of Investigation (CBI) Thursday questioned
Prashant Ruia, the chief executive officer of the Essar group, and officials of the Khaitan Group for irregularities ... Read more...
Posted in Business |
Godrej brand valued at $2.86 billion
May 10th, 2011 - 7:32 pm ICT by IANS
Mumbai, May 10 (IANS) The Godrej brand is valued at $2.86 billion (Rs.12,689 crore), the conglomerate said Tuesday, citing a brand valuation report."Businesses in India today can no longer have ... Read more...
Posted in Business |
Yamuna Expressway to be ready later this year: Official
April 26th, 2011 - 6:34 pm ICT by IANS
New Delhi, April 26 (IANS) Diversified infrastructure conglomerate Jaypee Associates Tuesday said its Yamuna Expressway project would be completed much before the scheduled official opening date in March 2012."The major ... Read more...
Posted in Business |
Ansari says he is happy to be out of Hurriyat
April 22nd, 2011 - 3:40 pm ICT by IANS
Srinagar, April 22 (IANS) Maulvi Abbas Ansari, the senior Kashmiri Shia leader who was suspended from the Hurriyat for meeting central government interlocutors, has now openly rebelled against the ... Read more...
Posted in National |
Omar hails Hurriyat leader for meeting interlocutors
April 21st, 2011 - 8:54 pm ICT by IANS
Jammu, April 21 (IANS) Offering his open support to separatist leaders willing to enter into dialogue for a resolution to the Kashmir issue, Jammu and Kashmir Chief Minister Omar Abdullah ... Read more...
Posted in Uncategorized |
Hurriyat suspends Ansari for meeting interlocutors (Lead)
April 20th, 2011 - 11:27 pm ICT by IANS
Srinagar, April 20 (IANS) The moderate Hurriyat group led by Mirwaiz Umer Farooq suspended its senior leader Molvi Abbas Ansari from the separatist conglomerate taking strong exception to his meeting ... Read more...
Posted in Uncategorized |
Geelani issues ultimatum to J-K Govt. to revoke Dogra certificate plan
April 19th, 2011 - 12:25 pm ICT by ANI
Srinagar, Apr 19 (ANI): Separatist leader Syed Ali Shah Geelani has warned of fresh unrest in Jammu and Kashmir if the state government does not withdraw its decision to issue Dogra certificates ... Read more...
Posted in National |
Kashmir militancy down, militants can join talks: Pillai (Interview)
April 9th, 2011 - 3:15 pm ICT by IANS
New Delhi, April 9 (IANS) The largest Kashmiri guerrilla group, the Hizbul Mujahideen, has been "almost" vanquished now and if the militant leadership based in Pakistani Kashmir wants to join ... Read more...
Posted in South Asia |
Maulana who opposed stone-pelting - and died for it
April 8th, 2011 - 4:24 pm ICT by IANS
New Delhi, April 8 (IANS) Maulana Showkat Shah, who was killed just ahead of Friday prayers in Srinagar, was the Kashmir Valley's most vocal critic of stone pelting protests ... Read more...
Posted in Uncategorized |
