Neyveli Lignite Corp to add 1,000 MW this fiscal
May 28th, 2012 - 10:37 pm ICT by IANS
Chennai, May 28 (IANS) Integrated lignite mining-cum-power generator Neyveli Lignite Corporation Ltd (NLC) hopes to add around 1,000 MW this fiscal to its existing 2,740 MW capacity, a top company ... Read more...
Posted in Business |
Petrol to be cheaper, CNG costlier in Delhi (Lead, superseding earlier story)
May 28th, 2012 - 10:22 pm ICT by IANS
New Delhi, May 28 (IANS) Eyeing next year's assembly polls, Delhi's Congress government Monday slashed petrol prices, but increased the cost of CNG and tobacco.The petrol price was slashed by ... Read more...
Posted in Business |
Reliance Communications posts Rs.332 crore net profit
May 28th, 2012 - 8:43 pm ICT by IANS
Mumbai, May 28 (IANS) India`s second-biggest telecom service provider Reliance Communications Monday reported a 78 percent increase in net profit at Rs.332 crore for the quarter ended March 31 against ... Read more...
Posted in Business |
Northeast India’s fifth software technology park in Tripura
May 28th, 2012 - 4:49 pm ICT by IANS
Agartala, May 28 (IANS) The Tripura government, supported by the Software Technology Park of India (STPI), is setting up a Software Technology Park(STP) to boost information technology in northeast India ... Read more...
Posted in Sci-Tech |
No plan to hike diesel, LPG, kerosene prices: Reddy
May 28th, 2012 - 3:49 pm ICT by IANS
New Delhi, May 28 (IANS) The government has no immediate plan to hike prices of diesel, liquefied petroleum gas (LPG) and kerosene, Petroleum Minister S. Jaipal Reddy said Monday."I ... Read more...
Posted in Business |
Day 21, Rs.300 crore losses - Air India crisis continues
May 28th, 2012 - 3:17 pm ICT by IANS
New Delhi, May 28 (IANS) The strike by pilots of national carrier Air India continued for the 21th day Monday, mounting losses to more than Rs.300 crore (about $55 mn)."Current ... Read more...
Posted in Business |
Jagan arrested in assets case, Andhra on alert (Lead)
May 27th, 2012 - 9:56 pm ICT by IANS
Hyderabad, May 27 (IANS) The Central Bureau of Investigation (CBI) Sunday evening arrested YSR Congress party leader Y.S. Jaganmohan Reddy in a disproportionate assets case.YSR party leader J. Prabhakar Rao ... Read more...
Posted in Politics |
Air India proposes VRS to cut down staff
May 27th, 2012 - 5:37 pm ICT by IANS
New Delhi, May 27 (IANS) Financially stressed Air India has proposed a voluntary retirement scheme (VRS) for its executive cadre employees to bring down manpower costs.The Air India Board will ... Read more...
Posted in Business |
Bharti Airtel forays into mobile advertising segment
May 27th, 2012 - 4:51 pm ICT by IANS
New Delhi, May 27 (IANS) Telecom service provider Bharti Airtel has forayed into Indai's mobile advertising segment, a company official said here Sunday.Airtel's m-Advertising platform is designed to meet demands ... Read more...
Posted in Sci-Tech |
After payments to male cricketers, women want their share
May 27th, 2012 - 4:19 pm ICT by IANS
New Delhi, May 27 (IANS) Former women players who turned out for the country have appealed to the Indian cricket board for a one-time payout as was done for their ... Read more...
Posted in Sports |
Direct taxes should be 12 percent of GDP: Mukherjee
May 27th, 2012 - 4:00 pm ICT by IANS
Kolkata, May 27 (IANS) Finance Minister Pranab Mukherjee Sunday said the share of direct tax revenue should be 12 percent of the country's gross domestic product (GDP)."Direct taxes, being ... Read more...
Posted in Business |
Keventer plans to set up food park in Bengal
May 26th, 2012 - 11:08 pm ICT by IANS
Kolkata, May 26 (IANS) Kolkata-based Keventer Group is planning to set up a food park in West Bengal, investing about Rs.7 billion, a top executive of the company said Saturday."We ... Read more...
Posted in Business |
Will file complaint on Aircel-Marxis deal, Swamy tells court
May 26th, 2012 - 6:54 pm ICT by IANS
New Delhi, May 26 (IANS) Janata Party chief Subramanian Swamy Saturday told a special court hearing the 2G spectrum allocation case that he wanted to file an additional private ... Read more...
Posted in Uncategorized |
AI employees suffer as strike continues for 19th day (Lead)
May 26th, 2012 - 5:55 pm ICT by IANS
New Delhi/Mumbai, May 26 (IANS) Not just Air India's international operations but even the March's pay of employees have been severely affected due to the ongoing pilots agitation, said an ... Read more...
Posted in Business |
SAIL to invest Rs.21,000 crore in West Bengal
May 25th, 2012 - 10:29 pm ICT by IANS
Kolkata, May 25 (IANS) The West Bengal government has entered into an MoU with the Steel Authority of India Limited (SAIL) and the Burn Standard Company Ltd (BSCL) to ... Read more...
Posted in Business |
ITC quarterly net profit grows 26 percent
May 25th, 2012 - 9:16 pm ICT by IANS
New Delhi, May 25 (IANS) Diversified conglomerate ITC Friday posted a 26 percent rise in net profit at Rs.1,614 crore for the quarter ended March 31 against Rs.1,281.5 crore during ... Read more...
Posted in Business |
Va Tech Wabag betting big on desalination water projects
May 25th, 2012 - 8:14 pm ICT by IANS
Chennai, May 25 (IANS) Chennai based water treatment multi-national company (MNC) Va Tech Wabag Ltd. is betting big on desalination water projects across globe as part of efforts to restructure ... Read more...
Posted in Sci-Tech |
AI board meet to decide on Boeing 787 arrival date, employees VRS
May 25th, 2012 - 7:49 pm ICT by IANS
New Delhi, May 25 (IANS) The Air India board will meet Monday to decide on the induction date of the Boeing 787 Dreamliner into the carrier's fleet and a voluntary ... Read more...
Posted in Business |
Can hire new pilots, says Ajit Singh (Lead)
May 25th, 2012 - 4:59 pm ICT by IANS
New Delhi/Mumbai, May 25 (IANS) Civil Aviation Minister Ajit Singh Friday told Air India's striking pilots that the airline may begin hiring new pilots if the 18-day-old strike continued."We are ... Read more...
Posted in Business |
Striking Air India pilots meet civil aviation minister
May 25th, 2012 - 3:56 pm ICT by IANS
New Delhi/Mumbai, May 25 (IANS) In a bid to end the 18-day-old strike at national carrier Air India, some of the agitating pilots met Civil Aviation Minister Ajit Singh here ... Read more...
Posted in Business |
Kerala readies for next round of migration study
May 25th, 2012 - 3:13 pm ICT by IANS
Thiruvananthapuram, May 25 (IANS) The Centre for Development Studies here has started the ground work for the seventh round of the comprehensive study on international and internal emigration from the ... Read more...
Posted in Uncategorized |
Power woes in UP set to disturb Akhilesh honeymoon (Uttar Pradesh Newsletter)
May 25th, 2012 - 2:40 pm ICT by IANS
Lucknow, May 25 (IANS) With mercury climbing up and little relief in sight from the scorching sun, incessant power cuts and outages in Uttar Pradesh have added to the ... Read more...
Posted in Business |
Mamata inaugrates Ganges riverfront project
May 25th, 2012 - 12:14 am ICT by IANS
Kolkata, May 24 (IANS) West Bengal Chief Minister Mamata Banerjee Thursday inaugurated the first phase of Riverfront Beautification Project along the Ganges, constructed on the lines of Thames riverfront ... Read more...
Posted in Business |
Telecom Commission to meet again Saturday on spectrum pricing
May 24th, 2012 - 10:48 pm ICT by IANS
New Delhi, May 24 (IANS) The Telecom Commission at its meeting Thursday could not decide on the sector regulator's recommendations on key issues such as pricing and refarming of spectrum. ... Read more...
Posted in Business |
Chopper firm’s director moves court over curbs
May 24th, 2012 - 10:07 pm ICT by IANS
New Delhi, May 24 (IANS) A director and a shareholder of Global Vectra Helicorp, the aviation arm of the Ravi Rishi-led Vectra Group, Thursday moved the Delhi High Court against ... Read more...
Posted in Business |
Not involved in Games’ equipment purchases: Kalmadi
May 24th, 2012 - 9:54 pm ICT by IANS
New Delhi, May 24 (IANS) Former Commonwealth Games (CWG) Organising Committee (OC) chairman Suresh Kalmadi Thursday told a Delhi court hearing a corruption case related to the 2010 sporting event ... Read more...
Posted in Uncategorized |
Would cut petrol prices if crude prices fall: IOC
May 24th, 2012 - 9:12 pm ICT by IANS
New Delhi, May 24 (IANS) Amidst country-wide outrage over the steepest rise of petrol prices by Rs.7.5 a litre, Indian Oil Corp Thursday said it will not roll back the ... Read more...
Posted in Business |
Government sets up panel to review poverty line
May 24th, 2012 - 9:08 pm ICT by IANS
New Delhi, May 24 (IANS) The government Thursday set up a technical panel to review the Tendulkar Committee methodology for deciding the poverty line for which it has under increasing ... Read more...
Posted in Business |
TVS logs 28 percent net profit, to launch new vehicles
May 24th, 2012 - 7:55 pm ICT by IANS
Chennai, May 24 (IANS) Closing last fiscal with 28 percent growth in its after-tax profit, two- and three-wheeler maker TVS Motor Company announced Thursday that it would launch an executive ... Read more...
Posted in Business |
Petrol hike perturbs B-Town
May 24th, 2012 - 7:16 pm ICT by IANS
Mumbai, May 24 (IANS) The steep rise in petrol price has left Bollywood celebrities like Gul Panag and Divya Dutta concerned about the plight of the country's common man, ... Read more...
Posted in Entertainment |
Amul to revamp its chocolate products
May 24th, 2012 - 6:48 pm ICT by IANS
Kolkata, May 24 (IANS) Asia's largest dairy, the Gujarat Cooperative Milk Marketing Federation (GCMMF), which owns the Amul brand, is planning to revamp and reposition itself in the chocolate segment, ... Read more...
Posted in Business |
Kerala to forgo sales tax on petrol
May 24th, 2012 - 6:40 pm ICT by IANS
Thiruvananthapuram, May 24 (IANS) A day after the petrol price hike, the Kerala government at a special cabinet meeting Thursday decided to forgo the sales tax on petrol, reducing its ... Read more...
Posted in Business |
Court reserves order on CNG price cut
May 24th, 2012 - 5:44 pm ICT by IANS
New Delhi, May 24 (IANS) The Delhi High Court Thursday reserved its verdict on a plea by Indraprastha Gas Ltd. (IGL) to stay a regulator's order to cut CNG price ... Read more...
Posted in Business |
Government to decide on diesel, LPG price hike Friday
May 24th, 2012 - 4:23 pm ICT by IANS
New Delhi, May 24 (IANS) An Empowered Group of Ministers (EGoM) headed by Finance Minister Pranab Mukherjee will meet Friday to take a decision on raising prices of diesel ... Read more...
Posted in Business |
Army chief can face action for defamation, rules court
May 24th, 2012 - 4:06 pm ICT by IANS
New Delhi, May 24 (IANS) The Delhi High Court Thursday ruled that the central government cannot be asked to withdraw a press release issued by the army, and that disciplinary ... Read more...
Posted in Uncategorized |