Assocham sees cheerful growth for foreign liquor
July 4th, 2012 - 5:14 pm ICT by IANS
Mumbai, July 4 (IANS) Spelling cheers for the liquor industry, a top industry group said Wednesday the sales of imported spirits, including the duty-free segment, are expected to exceed five ... Read more...
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India to cut subsidies to 1.75 percent of GDP in 3 years: Mukherjee
May 5th, 2012 - 8:21 pm ICT by IANS
Manila, May 5 (IANS) The Indian government is committed to bringing down subsidies to below two percent of the country's gross domestic product (GDP) in the current fiscal ... Read more...
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India asks G-20 to nake ‘credible and ambitious’ action plan
April 20th, 2012 - 10:50 am ICT by IANS
Washington, April 20 (IANS) India has called upon G-20 nations, the world's top economies, to work out a "credible and ambitious" action plan to put the global economy firmly ... Read more...
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Seeking internal growth drivers a new trend: Chinese official
April 2nd, 2012 - 1:07 pm ICT by IANS
Boao (China), April 2 (IANS) Promoting internal growth drivers is the new trend in Asia's economic development, said Chinese Vice Premier Li Keqiang Monday."While continuing to unleash its comparative advantages ... Read more...
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Dabur India Q2 net profit rises 8.42 percent
October 31st, 2011 - 5:08 pm ICT by IANS
New Delhi, Oct 31 (IANS) Dabur India Monday reported an increase 8.42 percent in net profit at Rs.173.86 crore for the quarter ended Sep 30 owing to the strong growth ... Read more...
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Global economic turmoil affecting India adversely: Pranab
October 22nd, 2011 - 8:04 pm ICT by IANS
New Delhi, Oct 22 (IANS) Finance Minister Pranab Mukherje Saturday said the Indian economy was getting "adversely affected" due to the global economic turmoil but the medium-term prospects for the ... Read more...
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India returns to slower 7-8 percent growth trend : World Bank
October 19th, 2011 - 10:13 pm ICT by IANS
Washington, Oct 19 (IANS) After recording 8.5 percent growth in fiscal 2010-11, India's economic growth is likely to slowdown to 7-8 percent in the next two years, according to the ... Read more...
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Tamil Nadu to focus on agriculture, manufacturing
October 11th, 2011 - 7:02 pm ICT by IANS
Chennai, Oct 11 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Tuesday said service sector-led economic growth was not sustainable and there was a need to make the primary and manufacturing ... Read more...
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Technical textiles industry to grow to Rs.1.4 trillion by 2017
August 25th, 2011 - 5:15 pm ICT by IANS
New Delhi, Aug 25 (IANS) The Indian technical textiles industry is projected to grow to Rs.1.4 trillion ($31.4 billion) by 2016-17, with healthcare and infrastructure sectors accounting for a major ... Read more...
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IT market to reach $51 bn by 2014: Study
June 14th, 2011 - 9:55 pm ICT by IANS
Bangalore, June 14 (IANS) The Indian IT services and products market is expected to grow at 17 percent till 2014, a research study said Tuesday.According to the study brought out ... Read more...
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ADB says China’s GDP to grow 9.6 percent in 2011 (Second Lead)
April 6th, 2011 - 3:48 pm ICT by IANS
Hong Kong, April 6 (IANS) China's economy is expected to grow 9.6 percent in 2011 as fixed asset investment remains a key driver, the Asian Development Bank (ADB) said in ... Read more...
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Media, entertainment industry records 11 percent growth
March 21st, 2011 - 3:03 pm ICT by IANS
Mumbai, March 21 (IANS) The Indian media and entertainment (M&E;) industry registered a growth of 11 percent over 2009 and touched Rs.652 billion in 2010, according to a FICCI-KPMG ... Read more...
Posted in Entertainment |
India Inc., NRIs react to Pranab’s budget
February 28th, 2011 - 10:21 pm ICT by IANS
Mumbai, Feb 28 (IANS) Top industrialists, businessmen and NRIs Monday reacted to the federal budget presented by Finance Minister Pranab Mukherjee. Here are some of the comments: * Y.C. Deveshwar, chairman, ... Read more...
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Samsung India posts $3.5 billion turnover in 2010
January 20th, 2011 - 7:13 pm ICT by IANS
Hyderabad, Jan 20 (IANS) The Indian arm of Korean consumer durable major Samsung posted a turnover of $3.5 billion (over Rs.15,935 crore) during 2010 and has set a growth target of 40 ... Read more...
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Mercedes-Benz India notches 80 percent growth
January 10th, 2011 - 6:40 pm ICT by IANS
Mumbai, Jan 10 (IANS) Mercedes-Benz India Monday announced a record 80 percent growth in sales in 2010, with the best ever sales in December.A company official said that the company sold 5,819 ... Read more...
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Biocon net up 33 percent in first quarter
July 23rd, 2010 - 7:04 pm ICT by IANS
Bangalore, July 23 (IANS) Biocon Friday reported a net profit of Rs.77 crore for the first quarter (April-June) of this fiscal (20010-11), registering year-on-year (YoY) growth of 33 percent from Rs.58 crore ... Read more...
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Magma Fincorp to give Rs.532 crore in loans in Punjab, Haryana
July 5th, 2010 - 8:36 pm ICT by IANS
Kolkata, July 5 (IANS) Asset financing company Magma Fincorp Monday said it would disburse Rs.532 crore in retail loans in Punjab and Haryana in the 2010-11 fiscal.
"By penetrating deeper, we will focus ... Read more...
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Samsung seeks 30 percent share in laser printer market
May 19th, 2010 - 9:31 pm ICT by IANS
Chennai, May 19 (IANS) Samsung India Electronics is targeting a 30 percent market share in the laser printers market.
"The laser printer market this year is expected to be 950,000 units up ... Read more...
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Reliance Life Insurance registers record high market share
April 22nd, 2010 - 8:48 pm ICT by IANS
Mumbai, April 22 (IANS) Reliance Life Insurance, a part of Reliance Capital of the Reliance Anil Dhirubhai Ambani Group (ADAG), registered a record high market share of 14.51 percent in March 2010 ... Read more...
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Corporate sector hails budget, but expresses reservations too
February 26th, 2010 - 9:53 pm ICT by IANS
New Delhi/Mumbai, Feb 26 (IANS) The corporate sector has largely hailed Budget 2010-11, despite feeling it has not addressed many of their concerns.
Ankur Bhatia, executive director of the Bird Group, said the ... Read more...
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Emami plans for Rs.5,000 crore turnover in five years
December 31st, 2009 - 5:58 pm ICT by IANS
Kolkata, Dec 31 (IANS) Kolkata-based fast moving consumer goods (FMCG) major Emami Ltd expects to touch Rs.5,000 crore (Rs.50 billion) turnover in the next five years, riding on portfolio expansion, a top ... Read more...
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Srei Equipment Finance plans to disburse Rs.7,500 crore
October 6th, 2009 - 6:28 pm ICT by IANS
Kolkata, Oct 6 (IANS) City-based non-banking financial company Srei Equipment Finance hopes its loan disbursement would grow to Rs.7,500 crore this fiscal from Rs.5,500 crore in 2008-09 as the construction equipment industry ... Read more...
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Iconic cooking medium brand Dalda makes a comeback
September 7th, 2009 - 7:52 pm ICT by IANS
New Delhi, Sep 7 (IANS) Dalda, the iconic Indian brand once synonymous with hydrogenated cooking mediums or "vanaspati ghee", has been given a new identity and makeover after 75 years with its ... Read more...
Posted in Business |
Maruti Suzuki expects 10 percent growth in first half
August 28th, 2009 - 2:37 pm ICT by IANS
New Delhi, Aug 28 (IANS) Maruti Suzuki, India's largest car maker, Friday said it had overridden the downturn and expected to grow more in the first half of this fiscal than in ... Read more...
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Corporation Bank plans to raise Rs.1,000 crore
June 30th, 2009 - 5:51 pm ICT by IANS
Kolkata, June 30 (IANS) The state-run Corporation Bank is planning to raise Rs.1,000 crore this fiscal, a top official said here Tuesday.
"This year we have already raised Rs.1,000 crore and we are ... Read more...
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India will recover after global situation improves: RBI chief
May 14th, 2009 - 5:02 pm ICT by IANS
Bangalore, May 14 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao believes the Indian economy will recover only after the world tides over the financial crisis.
"I believe for India to recover ... Read more...
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Manufacturing sector growth to pick up in April-June: FICCI
March 8th, 2009 - 4:47 pm ICT by IANS
New Delhi, March 8 (IANS) Growth in the manufacturing sector is expected to pick up in the first quarter of 2009-10 on the back of increasing demand in some segments, said an ... Read more...
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India second fastest growing economy: Pranab Mukherjee
February 16th, 2009 - 4:29 pm ICT by IANS
New Delhi, Feb 16 (IANS) Despite the global economic slowdown, India is the second fastest growing economy in the world and has recorded a sustained growth of over 9 percent for three ... Read more...
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‘Economy will grow at eight percent this fiscal’
August 7th, 2008 - 10:29 pm ICT by IANS
Chennai, Aug 7 (IANS) The Indian economy is expected to grow at eight percent this fiscal, and inflation would moderate in a year's time, said a top government official here Thursday. "The ... Read more...
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Reliance Industries first quarter net up 13 percent
July 24th, 2008 - 7:29 pm ICT by IANS
Mumbai, July 24 (IANS) The Mukesh Ambani-promoted Reliance Industries Ltd (RIL) Thursday announced a net profit of $955 million (Rs.41.1 billion) during the first quarter this fiscal, compared to $907.5 million (Rs.36.3 ... Read more...
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Andhra Pradesh emerges as the preferred IT hub in India
March 20th, 2008 - 6:47 pm ICT by admin
Hyderabad Mar 20, (ANI/Business Wire India): Proactive initiatives of the Andhra Pradesh Government and potential to sustain long term IT growth have transformed Hyderabad to become India's leading IT hub, according ... Read more...
Posted in Entertainment |