Paint industry likely to see single digit growth 2012-13
August 22nd, 2012 - 6:58 pm ICT by IANS
Kolkata, Aug 22 (IANS) The growth of the Indian paint industry (IPA) could shrink to single-digit this fiscal due to slackening demand following the slowdown in the automotive industry and ... Read more...
Posted in Business |
Hero MotoCorp first quarter net profit grows by 10.2 percent
July 19th, 2012 - 7:04 pm ICT by IANS
New Delhi, July 19 (IANS) Two-wheeler maker Hero MotoCorp Thursday reported a 10.2 percent rise in net profit for the first quarter of the current fiscal which stood at Rs.615.46 ... Read more...
Posted in Business |
Tata Coffee net up 43 percent in 2011-12
May 9th, 2012 - 12:20 am ICT by IANS
Bangalore, May 8 (IANS) Asia's largest integrated coffee plantation firm Tata Coffee Ltd Tuesday reported a Rs.79 crore net profit for 2011-12, posting a 43 percent increase year-on-year (YoY) from ... Read more...
Posted in Business |
Pharma company Granules India’s net profit up 42 percent
January 24th, 2012 - 8:09 pm ICT by IANS
Hyderabad, Jan 24 (IANS) Granules India Ltd., a fast growing pharmaceutical manufacturing company, has posted growth of 42 percent in its net profit for the third quarter ended Dec 31.The ... Read more...
Posted in Business |
Hyundai unveils concept MPV - Hexa Space
January 5th, 2012 - 3:12 pm ICT by IANS
New Delhi, Jan 5 (IANS) Hyundai Motor India Thursday unveiled its concept multipurpose vehicle (MPV) -- Hexa Space -- at the 11th edition of Auto Expo here and said it ... Read more...
Posted in Business |
Infosys to hire 45,000 techies this year
July 12th, 2011 - 9:54 pm ICT by IANS
Mysore (Karnataka), July 12 (IANS) Infosys Ltd, India's second largest IT bellwether, is back on hiring spree and plans to increase its headcount by a whopping 45,000 during this fiscal ... Read more...
Posted in Sci-Tech |
Interest rates, fuel hikes dampen automobile sales in May: SIAM
June 9th, 2011 - 6:40 pm ICT by IANS
New Delhi, June 9 (IANS) Rising interest rates and fuel price hikes seem to have dampened domestic car sales in May, with single digit growth of only seven percent registered ... Read more...
Posted in Uncategorized |
TCS sees robust demand for IT outsourcing in new fiscal
March 7th, 2011 - 9:55 pm ICT by IANS
Bangalore, March 7 (IANS) Global software major Tata Consultancy Services (TCS) Monday asserted that demand for IT outsourcing across verticals would be robust in the new fiscal (2011-12) owing to ... Read more...
Posted in Business |
Indian automobile firms close 2010 with stellar sales figures (Roundup)
January 1st, 2011 - 8:13 pm ICT by IANS
New Delhi/Chennai, Jan 1 (IANS) Prompted by a growing economy, increasing disposable incomes and low interest rates, Indian automobile manufacturers Saturday reported stellar sales figures for the calender year 2010.Chennai-based car manufacturer ... Read more...
Posted in Business |
Hyundai, Ford close 2010 with higher sales (Lead)
January 1st, 2011 - 7:05 pm ICT by IANS
Chennai, Jan 1 (IANS) The city-based car manufacturers Hyundai Motor India and Ford India closed 2010 with higher sales compared to 2009. Hyundai, the country's second largest car manufacturer, saw its domestic ... Read more...
Posted in Business |
Ford India closes 2010 selling 83,887 units
January 1st, 2011 - 5:41 pm ICT by IANS
Chennai, Jan 1 (IANS) City-based car manufacturer Ford India sold 83,887 units in calendar year 2010, up from 29,488 units sold in 2009, a statement said.During the year, Ford India sold more ... Read more...
Posted in Business |
Buoyant Indian IT industry rebounds but remains cautious (2010 in Retrospect)
December 30th, 2010 - 3:48 pm ICT by IANS
By Fakir Balaji
Bangalore, Dec 30 (IANS) Recovering from global tech meltdown, the resilient Indian IT industry returned to high growth during a tumultuous 2010 but is cautiously optimistic about 2011 in ... Read more...
Posted in Business |
Economy can growth at double-digit in two years: Mukherjee
November 14th, 2010 - 6:12 pm ICT by IANS
New Delhi, Nov 14 (IANS) The Indian economic growth will soon grow at 9 percent ammually and even move to double-digits expansion in the next two years if the government is ... Read more...
Posted in Business |
Energy sector needs structural reforms: Mukherjee
November 3rd, 2010 - 9:38 pm ICT by IANS
New Delhi, Nov 3 (IANS) Structural reforms are needed to make the energy sector vibrant and investor-friendly, Finance Minister Pranab Mukherjee said Wednesday."While the government is adopting a number of ... Read more...
Posted in Business |
Wipro admits to performing lower than industry peers (Second Lead)
October 22nd, 2010 - 8:38 pm ICT by IANS
Bangalore, Oct 22 (IANS) India's third largest IT bellwether Wipro Ltd Friday admitted that its performance during the second quarter (July-Sept) of this fiscal was lower than industry peers TCS and Infosys ... Read more...
Posted in Business |
Infosys returns to double-digit growth, ups guidance again (Lead)
October 15th, 2010 - 1:22 pm ICT by IANS
Bangalore, Oct 15 (IANS) Returning to double digit growth in net profit and revenue during the second quarter (July-Sep), India's second largest IT bellwether Friday revised revenue guidance for this fiscal (2010-11) ... Read more...
Posted in Business |
New projects under implementation see 10 percent rise
September 22nd, 2010 - 5:18 pm ICT by IANS
New Delhi, Sep 22 (IANS) In a sign of a pick-up in fresh investments by corporate India, the value of projects under implementation has risen 10 percent in the first quarter of ... Read more...
Posted in Business |
Government urged not to cut duty drawback rates
September 18th, 2010 - 8:42 pm ICT by IANS
New Delhi, Sep 18 (IANS) Indian exporters Saturday urged the central government to defer its decision to cut duty drawback rates, saying it would negatively affect exports of items like textiles, leather ... Read more...
Posted in Business |
India plans to review its export sector by 2010 end, says Anand Sharma
August 24th, 2010 - 8:57 pm ICT by ANI
New Delhi, Aug.24 (ANI): Union Minister for Commerce and Trade Anand Sharma said on Tuesday that the country was planning its next export sector review by the end of 2010.India on Monday ... Read more...
Posted in Business |
Chinese kids learn English from toons
August 4th, 2010 - 9:47 am ICT by IANS
Beijing, Aug 4 (IANS) Micky Mouse, AristoCats and other cartoon charecters have now got a new job -- to teach kindergarten tiny tots in China how to speak English.
English learning centres run ... Read more...
Posted in World |
Volkswagen to sells two million cars a year in China
June 8th, 2010 - 1:06 pm ICT by IANS
Beijing, June 8 (DPA) Volkswagen AG, Europe's largest carmaker, said Tuesday it expected to be selling two million cars per year in China within the next two years, moving up an earlier ... Read more...
Posted in Business |
It’s a balanced, growth-oriented buget, says USIBC
February 27th, 2010 - 11:22 am ICT by IANS
By Arun Kumar
Washington, Feb 27 (IANS) The US India Business Council has hailed India's new budget saying it lays a strong foundation for the country to attract needed investment, spur innovation ... Read more...
Posted in Business |
US wants India to raise foreign equity cap in defence
February 25th, 2010 - 11:34 am ICT by IANS
By Arun Kumar
Washington, Feb 25 (IANS) Calling India a "rising global power", Washington has asked New Delhi to undertake new reforms and raise the cap on foreign equity in Indian defence ... Read more...
Posted in Business |
Indian IT industry can bounce to double-digit growth: Infosys (Interview)
October 12th, 2009 - 3:08 pm ICT by IANS
By Fakir Balaji
Bangalore, Oct 12 (IANS) As the global economy recovers fully, the resilient Indian information technology industry can bounce to double-digit growth again, Infosys Technologies chief executive S. Gopalakrishnan has said ... Read more...
Posted in Business |
Fiat expects surge in sales in the festive season
August 28th, 2009 - 9:28 pm ICT by IANS
New Delhi, Aug 28 (IANS) Fiat India Automobiles, a 50:50 joint venture between India's Tata Motors and Italy's Fiat, Friday said it expects to sell about 3,500-4,000 vehicles in the upcoming festive ... Read more...
Posted in Business |
Infosys feels the heat of global meltdown
April 16th, 2009 - 2:30 pm ICT by IANS
By Fakir Balaji
Bangalore, April 16 (IANS) Infosys Technologies, India's second largest IT bellwether, attributes the projected revenue growth decline for the first time since its inception to the global meltdown."Yes, this ... Read more...
Posted in Business |
Infosys projects single-digit growth for FY 2010 (Lead)
April 15th, 2009 - 12:16 pm ICT by IANS
Bangalore, April 15 (IANS) Infosys Technologies Ltd has projected consolidated income of Rs.221-229 billion (Rs.22,066-22,928 crore) for the new fiscal (2009-10), indicating a single digit growth of 1.7-5.7 percent over the last ... Read more...
Posted in Business |
Toy maker LEGO reports strong growth
February 24th, 2009 - 12:51 pm ICT by IANS
Stockholm, Feb 24 (Xinhua) Denmark's toy maker LEGO Group has announced that 2008 was a successful year for it, with considerable increase in both sales and profit despite the financial crisis that ... Read more...
Posted in Uncategorized |
Maruti says sales shouldn”t fall in 2008-09
November 19th, 2008 - 9:09 pm ICT by ANI
New Delhi, Nov 19 (ANI): Maruti Suzuki India, the country''s top car maker, is worried about adverse economic conditions but expects new models to help it maintain last year''s production and ... Read more...
Posted in National |