joint venture

Fiat to open 80 standalone dealerships by year-end


September 19th, 2012 - 7:35 pm ICT by IANS
New Delhi, Sep 19 (IANS) To further develop its brand in India, Italian automobile major Fiat Wednesday said it expects to open 80 new standalone dealerships in the country by ... Read more...

Posted in Business |

SBI Cards expects Rs.2,700 crore total asset base


September 13th, 2012 - 6:45 pm ICT by IANS
Kolkata, Sep 13 (IANS) SBI Cards, the second largest credit cards issuing firm in India, is expecting that its total asset base would be around Rs.2,700 crore at the ... Read more...

Posted in Business |

Government may allow foreign players to bid alone in 2G auction


September 6th, 2012 - 10:45 pm ICT by IANS
New Delhi, Sep 6 (IANS) The government may allow foreign players to participate in the upcoming 2G auction without an Indian partner and form a joint venture later, a senior ... Read more...

Posted in Sci-Tech |

India, Russia to make multiple rocket systems


September 6th, 2012 - 1:22 pm ICT by IANS
Moscow, Sep 6 (IANS/RIA Novosti) Russia and India have agreed to set up a joint venture in India for manufacturing and post-sales servicing of rockets for Russia's Smerch multiple rocket ... Read more...

Posted in World |

Reserves to rise through 2030: Ecuador state oil firm


September 6th, 2012 - 11:32 am ICT by IANS
Quito, Sep 6 (IANS/EFE) Ecuadorian state oil firm Petroamazonas expects crude reserves at its fields in the Amazon region to climb by around 7 percent through 2030 thanks to a ... Read more...

Posted in Business |

Etisalat says won’t participate in 2G auction


September 5th, 2012 - 7:41 pm ICT by IANS
New Delhi, Sep 5 (IANS) Telecom service provider Etisalat Wednesday said it will not participate in the 2G spectrum auction in November."Following the publication by India's Ministry of Communications and ... Read more...

Posted in Uncategorized |

SJVNL declares Rs.388.84 crore dividend


September 4th, 2012 - 7:48 pm ICT by IANS
Shimla, Sep 13 (IANS) Power utility Satluj Jal Vidyut Nigam Ltd (SJVNL) has declared a Rs.388.84 crore dividend for the last fiscal, the company said here Tuesday.Addressing the annual general ... Read more...

Posted in Business |

Toyota Kirloskar closes August with 20 percent sales growth


September 1st, 2012 - 5:11 pm ICT by IANS
Chennai, Sep 1 (IANS) Japanese-Indian joint venture Toyota Kirloskar Motor continued its robust growth last month logging 20 percent rise in sales over the figures of the corresponding month last ... Read more...

Posted in Uncategorized |

Tata to take ‘Himalayan’ water brand to new markets


August 31st, 2012 - 11:55 pm ICT by IANS
Kolkata, Aug 31 (IANS) Tata Global Beverages, a part of the Tata Group, Friday said it is working on increasing the penetration of its 'Himalayan' water brand and aiming to ... Read more...

Posted in Business |

Thales, BEL to form joint venture radar company (Lead)


August 29th, 2012 - 9:26 pm ICT by IANS
New Delhi/Bangalore, Aug 29 (IANS) French aerospace and electronics major Thales Wednesday said it would form a joint venture with India's Bharat Electronics Limited (BEL) to build civilian and defence ... Read more...

Posted in Business |

Government proposes restart of Airport Metro


August 22nd, 2012 - 7:34 pm ICT by IANS
New Delhi, Aug 22 (IANS) The government proposes to re-start the Airport Metro Express line which has remained suspended for over two months due to construction defects, Minister of State ... Read more...

Posted in Business |

11,000 km of LNG pipelines laid so far


August 21st, 2012 - 9:28 pm ICT by IANS
New Delhi, August 21 (IANS) More than 11,000 km of cross-country gas pipelines have been laid for connecting the consumption centres, Minister of State for Petroleum R.P.N. Singh said Tuesday."Another ... Read more...

Posted in Business |

Curbs on Uninor sale: Court notice to Unitech


August 21st, 2012 - 9:17 pm ICT by IANS
New Delhi, Aug 21 (IANS) The Delhi High Court Tuesday issued notice to Unitech Ltd. on a plea by Unitech Wireless (Tamil Nadu) Pvt. Ltd. challenging a Company Law Board ... Read more...

Posted in Business |

West Bengal to set up two deep sea ports (Lead)


August 16th, 2012 - 10:20 pm ICT by IANS
Kolkata, Aug 16 (IANS) The West Bengal government will set up two deep sea ports in South 24 Parganas district, Chief Minister Mamata Banerjee said Thursday. Global tenders would ... Read more...

Posted in Business |

India adds 1.7 mn GSM subscribers, Uninor loses 1.1 mn (Lead, Correcting headline)


August 16th, 2012 - 9:34 pm ICT by IANS
New Delhi, Aug 16 (IANS) Telecom service provider Uninor lost 1.1 million subscribers even as the country's GSM subscriber base grew by 0.25 percent in July adding 1.7 million new ... Read more...

Posted in Sci-Tech |

West Bengal to set up two deep sea ports


August 16th, 2012 - 8:56 pm ICT by IANS
Kolkata, Aug 16 (IANS) The West Bengal government will set up two deep sea ports in South 24 Parganas district, Chief Minister Mamata Banerjee said Thursday."The port at Sagar ... Read more...

Posted in Business |

1.7 mn GSM subscribers in India, Uninor loses 1.1 mn


August 16th, 2012 - 8:02 pm ICT by IANS
New Delhi, Aug 16 (IANS) Telecom service provider Uninor lost 1.1 million subscribers even as the country's GSM subscriber base grew by 0.25 percent in July adding 1.7 million new ... Read more...

Posted in Sci-Tech |

Uninor moves Delhi High Court against CLB order


August 14th, 2012 - 8:45 pm ICT by IANS
New Delhi, Aug 14 (IANS) Telecom service provider Uninor Tuesday moved the Delhi High Court against the order of the Company Law Board (CLB) restricting it from auctioning its business ... Read more...

Posted in Business |

Tata Motor appoints Karl Slym as managing director


August 14th, 2012 - 5:46 pm ICT by IANS
Mumbai, Aug 14 (IANS) Tata Motor Tuesday announced that Karl Slym has been appointed the managing director of the company, India's biggest truck and bus maker.Slym is expected to take ... Read more...

Posted in Business |

Central Bank plans JV or subsidiary to enter Mozambique


August 10th, 2012 - 8:14 pm ICT by IANS
Kolkata, Aug 10 (IANS) State-run Central Bank of India is planning to form a joint venture with the Punjab National Bank (PNB) or set up a wholly-owned subsidiary to enter ... Read more...

Posted in World |

Company Law Board restricts Uninor from auctioning assets


August 9th, 2012 - 7:39 pm ICT by IANS
New Delhi, Aug 9 (IANS) The Company Law Board (CLB) Thursday restricted Uninor from auctioning its business and assets."I allow the application and injunct the respondent (Uninor) from taking any ... Read more...

Posted in Business |

Maharashtra bans Bt cotton seeds


August 9th, 2012 - 4:14 pm ICT by IANS
Mumbai, Aug 9 (IANS) The Maharashtra government has banned the sale and distribution of Bt cotton seeds by a US multinational giant in the state, a top official here said ... Read more...

Posted in Business |

James Cameron to co-produce 3D film in China


August 9th, 2012 - 1:08 pm ICT by IANS
Beijing, Aug 9 (IANS) Director James Cameron has announced that his company will co-produce with Chinese filmmakers a 3D film highlighting the history of Beijing. The announcement Wednesday came ... Read more...

Posted in Entertainment |

Delhi Airport Metro repair to cost Rs.12 crore


August 8th, 2012 - 8:46 pm ICT by IANS
New Delhi, Aug 8 (IANS) The cost of repairing the Delhi Airport Metro link would be about Rs.12 crore, the Rajya Sabha was informed Wednesday.The Delhi Metro "has informed that ... Read more...

Posted in Politics |

Uninor in talks with rival firms to absorb employees


August 8th, 2012 - 12:25 am ICT by IANS
Kolkata, Aug 7 (IANS) Telecom operator Uninor, a joint venture of Norwegian firm Telenor and the Unitech Group, Tuesday said it is in talks with business competitors to rehabilitate its ... Read more...

Posted in Uncategorized |

Government for extending 2G auction deadline to November (Lead)


August 7th, 2012 - 10:21 pm ICT by IANS
New Delhi, Aug 7 (IANS) The government will file an application in the Supreme Court seeking an extension of the deadline for the auction of 2G spectrum, Communications Minister ... Read more...

Posted in Business |

Minimum bid price for 2G spectrum too high: SSTL


August 7th, 2012 - 9:44 pm ICT by IANS
New Delhi, Aug 7 (IANS) Sistema Shyam Teleservices (SSTL) Tuesday said the minimum bid price fixed for 2G spectrum auction is excessively high and that the CDMA spectrum base price, ... Read more...

Posted in Business |

Kerala-based gelatin maker aiming at Rs.300 crore turnover


August 7th, 2012 - 4:45 pm ICT by IANS
Thiruvananthapuram, Aug 7 (IANS) Nitta Gelatin India Ltd (NGIL) expects to close the current fiscal with a turnover of around Rs.300 crore on rising demand for gelatin in the pharmaceutical ... Read more...

Posted in Business |

Court modifies CLB order on Unitech auction


August 6th, 2012 - 7:22 pm ICT by IANS
New Delhi, Aug 6 (IANS) The Delhi High Court Monday modified a Company Law Board (CLB) order and allowed Uninor, a joint venture of Norwegian firm Telenor and Unitech Group, ... Read more...

Posted in Business |

Company Law Board stays Uninor’s proposed asset auction


August 3rd, 2012 - 8:31 pm ICT by IANS
New Delhi, Aug 3 (IANS) The Company Law Board (CLB) Friday ordered telecom service provider Uninor not to proceed with its plan of auctioning its assets.The CLB will hear the ... Read more...

Posted in Business |

Myanmar outlines monetary development master plan


August 3rd, 2012 - 2:18 pm ICT by IANS
Yangon, Aug 3 (IANS) Myanmar has outlined a master plan for monetary development which is to be implemented with the assistance of the World Bank, official media reported Friday.Under the ... Read more...

Posted in Uncategorized |

Uninor slams Unitech, says auction will ensure transparency


August 1st, 2012 - 9:24 pm ICT by IANS
New Delhi, Aug 1 (IANS) Telecom service provider Uninor Wednesday slammed Unitech for opposing the proposed auction of its assets and said the move will in fact ensure full transparency ... Read more...

Posted in Business |

Uninor to auction business and assets


August 1st, 2012 - 4:06 pm ICT by IANS
New Delhi, Aug 1 (IANS) Telecom service provider Uninor Wednesday said it will auction its business and assets to get maximum possible returns for its investors. The company has invited ... Read more...

Posted in Business |

Unitech opposes Uninor’s proposed rights issue


July 25th, 2012 - 10:37 pm ICT by IANS
New Delhi, July 25 (IANS) India-based Unitech has opposed its telecom partner Telenor's proposal to raise Rs.1,200 crore through a rights issue for meeting operational expenses.The company has claimed that ... Read more...

Posted in Business |

SJVNL’s second plant to start power generation in December


July 25th, 2012 - 8:28 pm ICT by IANS
Shimla, July 25 (IANS) Satluj Jal Vidyut Nigam's second plant in Himachal Pradesh will start generating power from December this year, a company official said here Wednesday.The generation in the ... Read more...

Posted in Business |

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