‘Kerala can become vibrant R&D; hub for different sectors’
September 13th, 2012 - 10:13 pm ICT by IANS
Kochi, Sep 13 (IANS) Kerala has the potential to become a research and development (R&D;) hub for various sectors with its scientific talent pool and the presence of several institutes, ... Read more...
Posted in Sci-Tech |
Increase in venture capital for Bengal IT start-ups
August 8th, 2012 - 8:49 pm ICT by IANS
Kolkata, Aug 8 (IANS) West Bengal's new IT policy would feature an increase in the corpus of venture capital provided to IT start-ups, a minister said Wednesday."The new IT policy ... Read more...
Posted in Business |
JSW Steel’s Salboni project to ‘restart’ in August: Bengal minister
July 25th, 2012 - 12:20 am ICT by IANS
Kolkata, July 24 (IANS) The Rs.350 billion integrated steel plant at Salboni in West Bengal's West Midnapore district, proposed by Sajjan Jindal-led JSW Steel, will "restart" from August this ... Read more...
Posted in Business |
Assam hopes for record rice, jute production
June 22nd, 2012 - 7:57 pm ICT by IANS
Guwahati, June 22 IANS) Despite floods affecting about 10,000 hectares of cropland, Assam hopes to register a record paddy and jute production this year.Assam Agriculture Minister Nilamoni Sen Deka made the ... Read more...
Posted in Business |
China to invest over $500 bn in tourism sector
June 20th, 2012 - 3:47 pm ICT by IANS
Beijing, June 20 (IANS) China will invest up to 3.2 trillion yuan (around $503 billion) in the tourism sector this year, experts have said.Liu Feng, founder of the Beijing Davost ... Read more...
Posted in World |
CAG slams Department of Space for Antrix-Devas deal
May 15th, 2012 - 8:33 pm ICT by IANS
New Delhi, May 15 (IANS) The government auditor has slammed the Department of Space for sealing the Antrix-Devas deal saying it was "a classic case of public investment for ... Read more...
Posted in Sci-Tech |
CBI searches BEML chairman’s office, residence
April 19th, 2012 - 5:40 pm ICT by IANS
Bangalore, April 19 (IANS) The CBI Thursday searched the office and residence of V.R.S. Natarajan, chairman and managing director of the state-run Bharat Earth Movers Ltd. (BEML), here for evidence ... Read more...
Posted in Business |
Asian defence market growth offset by slump in West: Deloitte
March 7th, 2012 - 3:38 pm ICT by IANS
New Delhi, March 7 (IANS) The global defence market is expected to witness negative growth in 2012 with the rise in military spending in Asian nations, including India and China, ... Read more...
Posted in Business |
Policy on import of jet fuel silent on logistics: Experts
February 7th, 2012 - 7:59 pm ICT by IANS
New Delhi, Feb 7 (IANS) Airlines welcomed the decision of a ministerial panel to allow direct import of fuel, but aviation experts said several questions remained unanswered, particularly on ... Read more...
Posted in Business |
Mu Sigma raises $108 million equity fund
December 29th, 2011 - 12:10 am ICT by IANS
Bangalore, Dec 28 (IANS) Leading analytics firm Mu Sigma Wednesday raised $108 million (Rs.573 crore) from private equity firm General Atlantic and venture firm Sequoia Capital in its second round ... Read more...
Posted in Business |
Infrastructure development key to energy security: FICCI
December 18th, 2011 - 1:49 pm ICT by IANS
New Delhi, Dec 18 (IANS) India needs to develop its infrastructure and increase production efficiency in the oil and gas sector to secure its long-term energy security, a ... Read more...
Posted in Business |
Oil firms cut jet fuel prices by 1.38 percent (Lead)
December 15th, 2011 - 10:04 pm ICT by IANS
New Delhi, Dec 15 (IANS) State-owned oil marketing companies (OMCs) Thursday pared jet fuel prices by 1.38 percent or Rs.833 per kilo litre (kl), effective from Dec 16.With this, ... Read more...
Posted in Business |
Reversal in retail policy will be major setback: Stakeholders
December 3rd, 2011 - 8:23 pm ICT by IANS
New Delhi, Dec 3 (IANS) In the backdrop of West Bengal Chief Minister Mamata Banerjee's disclosure Saturday that the federal government has put on hold, pending consensus, the decision ... Read more...
Posted in Business |
Engineering consultancy Meinhardt to invest Rs.100 crore in India
September 18th, 2011 - 6:46 pm ICT by IANS
New Delhi, Sep 18 (IANS) Singapore-headquartered Meinhardt Group, an engineering consultancy services firm, Sunday said it plans to invest Rs.100 crore within a year in expanding its Indian operations."We have ... Read more...
Posted in Business |
Airlines may hike domestic airfares
September 16th, 2011 - 10:11 pm ICT by IANS
New Delhi, Sep 16 (IANS) Indian domestic airlines are set to increase airfares as a result of the latest hike of 2.5 percent in aviation fuel prices by the ... Read more...
Posted in Business |
Coal India plans report on green initiatives
July 24th, 2011 - 12:05 am ICT by IANS
Kolkata, July 23 (IANS) Coal India Limited (CIL) will come up with a sustainability report which will constitute a part of the corporate social responsibility activity of the company, for ... Read more...
Posted in Environment |
Unions to help revive Air India: Minister
July 7th, 2011 - 10:24 pm ICT by IANS
New Delhi, July 7 (IANS) Civil Aviation Minister Vayalar Ravi Thursday said that talks between his ministry and the unions of Air India were successful and the employees have ... Read more...
Posted in Business |
Indian, foreign firms eye growing Indian gay market
July 3rd, 2011 - 12:45 pm ICT by IANS
New Delhi, July 3 (IANS) T-shirts and mugs with cheesy slogans, targeted marketing campaigns and even a specialised travel boutique... gays might still be taboo in much of India ... Read more...
Posted in Business |
Am aware of Air India’s woes, solution soon: PM
June 30th, 2011 - 9:06 pm ICT by IANS
New Delhi, June 30 (IANS) Stating that he was aware of the woes of the state-run Air India, Prime Minister Manmohan Singh said he has asked the ministerial group ... Read more...
Posted in Business |
Airlines focus on package holiday trips to drive growth
June 27th, 2011 - 12:05 pm ICT by IANS
New Delhi, June 27 (IANS) Trying to cash in on the peak summer travel season, an increasing number of Indian and international airlines are transforming themselves into wholesome travel ... Read more...
Posted in Business |
‘India not gaining from trade pact with South Korea’
June 24th, 2011 - 8:14 pm ICT by IANS
Chennai, June 24 (IANS) While South Korea is taking advantage of a bilateral trade pact with India, Indian exporters are not advantaging from it, speakers at a seminar said here ... Read more...
Posted in Business |
Vigilance probe against Corporation Bank
June 1st, 2011 - 4:09 pm ICT by IANS
Chennai, June 1 (IANS) For the first time perhaps in India's banking history, the Central Vigilance Commission (CVC) is conducting a probe based on a whistleblower's complaint about certain ... Read more...
Posted in Business |
Air India seeks ministry nod to issue Rs.5,500 crore bonds
May 16th, 2011 - 8:49 pm ICT by IANS
New Delhi, May 16 (IANS) National carrier Air India Monday said that it has sent a proposal to the civil aviation ministry for permission to raise Rs.5,500 crore by issuing ... Read more...
Posted in Business |
Jet fuel prices down, but no respite to passengers
May 16th, 2011 - 7:00 pm ICT by IANS
New Delhi, May 16 (IANS) Despite the state-owned Oil marketing companies (OMCs) cutting jet fuel price last week by 2.9 percent - after increasing it 14 successive times - ... Read more...
Posted in Business |
For private jets, corporate India is wind beneath wings
April 28th, 2011 - 12:54 pm ICT by IANS
New Delhi, April 28 (IANS) Shuffling between cities and visiting remote locations has become easier for corporate India that has turned towards executive jets to ferry them whenever and ... Read more...
Posted in Life Style |
Rising inflation may affect India’s growth: Deloitte
April 6th, 2011 - 4:39 pm ICT by IANS
New Delhi, April 6 (IANS) Rising prices of crude oil, food items and poor industrial growth are the biggest threat to India's nine percent growth target, according to a study ... Read more...
Posted in Business |
Corruption becoming threat to India’s economic development: Survey
March 16th, 2011 - 2:47 pm ICT by ANI
New Delhi, Mar.16 (ANI): Increasing cases of corruption in India are becoming a threat to the country's economy and will affect the nation's aim to gain over 9 percent growth, says ... Read more...
Posted in World |
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 |
Canada bars entry to Indian Airlines hijacker
February 24th, 2011 - 12:16 pm ICT by IANS
By Gurmukh Singh
Toronto, Feb 24 (IANS) Canada has refused to re-admit the mastermind of the 1984 Indian Airline hijacking who was deported to India last year.Parminder Singh Saini, 47, who was ... Read more...
Posted in World |
‘Low cost key to private-public health services in villages’
October 20th, 2010 - 9:18 pm ICT by IANS
New Delhi, Oct 20 (IANS) Partnership between public and private healthcare providers requires accessibility, affordability and accountability to take the benefits to rural areas, health experts said Wednesday."Health has been on the ... Read more...
Posted in Health |
‘India may face shortage of 26 mn houses by 2012′
September 16th, 2010 - 7:39 pm ICT by IANS
New Delhi, Sep 16 (IANS) India will face shortage of over 26 million houses by 2012, which would lead to spurt in housing prices as demand-supply gap widens amid rising purchasing power ... Read more...
Posted in Business |
Tamil Nadu to float bids for financial city in October
September 9th, 2010 - 8:29 pm ICT by IANS
Chennai, Sep 9 (IANS) The Tamil Nadu government will float international competitive bids next month for the proposed Chennai Financial City, a top government official said Thursday.
"Consultancy firm PriceWaterHouseCoopers (PWC) are ... Read more...
Posted in Business |
Shareholders approve Reliance Power-RNRL merger
September 6th, 2010 - 5:00 pm ICT by IANS
Mumbai, Sep 6 (IANS) Shareholders of Reliance Power and Reliance Natural Resources have approved the merger of the two Anil Dhirubhai Ambani Group (ADAG) companies in a $11 billion all-stock deal. ... Read more...
Posted in Business |
NMDC expects to lay new iron ore pipeline in 20 months
July 19th, 2010 - 11:48 pm ICT by IANS
Kolkata, July 19 (IANS) State-owned National Mineral Development Corporation (NMDC) expects to complete within 20 months the construction of a 424-km long iron ore slurry pipeline to bring the ore from the ... Read more...
Posted in Business |
IIT alumnus Nohria named next dean of Harvard
May 5th, 2010 - 12:57 pm ICT by IANS
Boston, May 5 (IANS) Professor Nitin Nohria, an alumnus of the Indian Institute of Technology in Mumbai, has been named the first Indian-American dean of the prestigious Harvard Business School, a role ... Read more...
Posted in Business |