joint ventures

TVS plans 75 new multi-brand car servicing outlets


August 28th, 2012 - 9:19 pm ICT by IANS
Kolkata, Aug 28 (IANS) TVS Automobile Solutions Ltd (TVSASL), a group company of TVS Group, Tuesday said it is planning to set up a total of 75 new multi-brand car ... Read more...

Posted in Business |

260 percent power capacity added between 10th and 11th Plans


August 17th, 2012 - 7:53 pm ICT by IANS
New Delhi, August 17 (IANS) The power generation capacity added during the 11th Plan is about 260 percent of the total capacity added during the 10th Plan, Minister of State ... Read more...

Posted in Business |

BGR Energy cuts capex for JVs with Hitachi


August 9th, 2012 - 5:56 pm ICT by IANS
Chennai, Aug 9 (IANS) City-based BGR Energy Systems has scaled down capital expenditure for its boiler and turbine joint ventures with Hitachi by Rs.900 crore to Rs.3,500 crore to reschedule ... Read more...

Posted in Business |

Indo-Arab chamber sets up south India chapter


August 4th, 2012 - 6:26 pm ICT by IANS
Bangalore, Aug 4 (IANS) The Indo-Arab Chamber of Commerce & Industries has set up its south India chapter here to accelerate trade, investments and joint ventures between industries located in ... Read more...

Posted in Uncategorized |

Morocco looking for more joint ventures with India: Ambassador (Interview-Second Lead)


July 29th, 2012 - 7:19 pm ICT by IANS
New Delhi, July 29 (IANS) Morocco, the North African nation that supplies the bulk of India's needs for phosphate, a key ingredient in fertilisers, is looking for expansion in ties ... Read more...

Posted in Business |

Mahindra and Mahindra’s Q4 net up 44.17 percent


May 30th, 2012 - 9:20 pm ICT by IANS
Mumbai, May 30 (IANS) Mahindra and Mahindra Wednesday reported a 44.17 percent rise in net profit for the quarter ended March 31 at Rs.874.48 crore from Rs. 606.54 crore in ... Read more...

Posted in Business |

Australian Billionaire Gina Rinehart is now the world’s richest woman


May 24th, 2012 - 7:24 pm ICT by Aishwarya Bhatt
Sydney, May 24 (THAINDIAN NEWS) Gina Rinehart Australia's richest woman, is now the world's weathiest woman as well.Rinehart has a personal fortune of 29.2 billion Australian dollars (28.5 billion US dollars). She ... Read more...

Posted in Business |

US slaps new sanctions on Iran


May 22nd, 2012 - 8:39 am ICT by IANS
Washington, May 22 (IANS) The US senate Monday approved new sanctions against Iran's energy sector in an effort to further pressure Tehran on its disputed nuclear programme.The move came ahead ... Read more...

Posted in World |

Myanmar gas export revenue up


April 26th, 2012 - 12:52 pm ICT by IANS
Yangon, April 26 (IANS) Revenue from Myanmar's natural gas exports rose by $640 million to $3.5 billion in the fiscal year 2011-12.Natural gas from Yetagun and Yadana gas blocks mainly ... Read more...

Posted in South Asia |

Chinese firm plans aggressive auto export


April 22nd, 2012 - 2:51 pm ICT by IANS
Beijing, April 22 (IANS) Chinese carmaker Dongfeng Motor expects its auto export to grow about five times to reach 300,000 units in 2016, the company announced.By 2016, one in every ... Read more...

Posted in Business |

Norwegian hydropower firms express interest in India


April 21st, 2012 - 10:38 pm ICT by IANS
New Delhi, April 21 (IANS) Norwegian hydroelectricity technology providers showed considerable interest in the Indian hydropower sector with around 80 experts from 35 Norwegian companies participating in the Hydropower India ... Read more...

Posted in Business |

Aviation stocks climb on FDI hopes


April 11th, 2012 - 6:53 pm ICT by IANS
Mumbai, April 11 (IANS) Share prices of aviation companies soared Wednesday on reports that the government would this week permit up to 49 percent foreign direct investment (FDI) in ... Read more...

Posted in Business |

Chinese daily calls for sustained anti-graft efforts


April 11th, 2012 - 2:50 pm ICT by IANS
Beijing, April 11 (IANS) An opinion piece in the People's Daily Wednesday called for confidence in China's fight against corruption despite the fact that it is a "long-term, complex and ... Read more...

Posted in World |

Reduce dependence on foreign firms, says army chief


March 30th, 2012 - 1:53 pm ICT by IANS
New Delhi, March 30 (IANS) Stressing on closer coordination between industry and the armed forces, army chief Gen. V.K. Singh said Friday that dependence on foreign firms must be ... Read more...

Posted in Uncategorized |

Chinese want government to use domestic-made cars


March 7th, 2012 - 7:56 pm ICT by IANS
Beijing, March 7 (IANS) A large number of people in China want the government to use domestically-manufactured cars in place of the foreign-built ones more favoured by officials, a survey ... Read more...

Posted in Health Science |

Iraq seeks Indian investments


February 27th, 2012 - 9:54 pm ICT by IANS
New Delhi, Feb 27 (IANS) Iraq Monday invited Indian investments either independently or through joint ventures to help in reconstruction process of the war-ravaged country."We are open in all formats ... Read more...

Posted in Business |

Ensure money lent to telecom firms is given back: SBI


February 16th, 2012 - 4:38 pm ICT by IANS
New Delhi, Feb 16 (IANS) The State Bank of India (SBI) Thursday called for a mechanism to ensure that money refund should be made directly to lenders and added ... Read more...

Posted in Business |

China examines Google’s mapping request


February 2nd, 2012 - 10:37 pm ICT by IANS
Beijing, Feb 2 (IANS) Chinese authorities are examining an application from Google for an online mapping licence, the Shanghai Daily reported Thursday.The National Administration of Surveying, Mapping and Geoinformation, said ... Read more...

Posted in Business |

BHEL looks at South African market for CFBC boilers


January 31st, 2012 - 5:22 pm ICT by IANS
Chennai, Jan 31 (IANS) Bharat Heavy Electricals (BHEL) is looking at South Africa for marketing its circulating fluidized bed combustion (CFBC) boilers, needed for power and industrial applications.And the power ... Read more...

Posted in World |

Tripura welcomes investment from Bangladesh: Chief Minister


January 19th, 2012 - 11:50 am ICT by IANS
Agartala, Jan 19 (IANS) The Left Front government in Tripura will accept investment from Bangladesh, Chief Minister Manik Sarkar said, stressing India and Bangladesh are natural partners in development."We ... Read more...

Posted in Business |

Guns procurement caught in snakes, ladders game: Army chief


January 12th, 2012 - 11:42 pm ICT by IANS
New Delhi, Jan 12 (IANS) Bogged down by delays in procurement of guns to bridge critical gaps in its artillery, Indian Army chief General V.K. Singh Thursday said the purchase ... Read more...

Posted in Uncategorized |

Iran keen to expand trade ties with Sri Lanka


December 17th, 2011 - 2:35 am ICT by IANS
Colombo, Dec 17 (IANS) Iran is interested in attracting Sri Lankan banks and joint ventures in petroleum and pharmaceutical sectors.According to a statement of the Sri Lanka's Industry and Commerce ... Read more...

Posted in Uncategorized |

India to step up oil, gas imports from Africa


December 9th, 2011 - 10:26 pm ICT by IANS
New Delhi, Dec 9 (IANS) With its energy needs growing to fuel a $1.8 trillion economy and Africa emerging as an alternative hydrocarbons hub, India Friday said it will ... Read more...

Posted in Business |

Bhutan seeks Indian investment in IT, education, health


September 30th, 2011 - 11:06 pm ICT by IANS
Kolkata, Sep 30 (IANS) Bhutanese Prime Minister Jigme Y. Thinley Friday sought Indian investment in education, health, tourism and IT sectors."Edcuation, health, tourism and IT services - in these sectors ... Read more...

Posted in Business |

ONGC to start two petrochemical projects by 2013


August 30th, 2011 - 5:16 pm ICT by IANS
New Delhi, Aug 30 (IANS) State-run Oil and Natural Gas Corporation (ONGC) Tuesday said two of its petrochemical projects will commence operations by 2013.The projects are being developed through joint ... Read more...

Posted in Business |

Indians invested $43.92 bn overseas in 2010-11


June 22nd, 2011 - 7:13 pm ICT by IANS
Mumbai, June 22 (IANS) Foreign direct investment outflow from India more than doubled to $43.92 billion in 2010-11 as compared to $17.98 billion in the previous year on the back ... Read more...

Posted in Business |

Gujarat court orders demolition of buildings near jail


June 17th, 2011 - 10:27 pm ICT by IANS
Gandhinagar, June 17 (IANS) The Gujarat high court Friday ordered the state government to issue demolition notices to all illegal commercial and residential buildings within a 220 yards radius ... Read more...

Posted in Uncategorized |

Bharti to exit from financial services joint venture with AXA


June 10th, 2011 - 11:53 pm ICT by IANS
New Delhi, June 10 (IANS) Bharti Enterprises, a subsidiary of Bharti Group, Friday said it had decided to sell its entire stake in the life and general insurance subsidiary France's ... Read more...

Posted in Business |

Bihar’s businessmen upbeat ahead of China visit


June 9th, 2011 - 2:35 pm ICT by IANS
Patna, June 9 (1ANS) As they prepare to accompany Chief Minister Nitish Kumar to Beijing, Bihar's businessmen hope to explore new technology from China's manufacturing industry."We will study the innovative mantra ... Read more...

Posted in Politics |

Sistema Shyam Teleservices reports Rs.666.4 crore net loss


June 7th, 2011 - 7:23 pm ICT by IANS
New Delhi, June 7 (IANS) Sistema Shyam Teleservices (SSTL), the joint ventures of Russia's Sistema and Shyam group of India, Tuesday reported a net loss of Rs.666.4 crore during the ... Read more...

Posted in Business |

UAE to play bigger role in Bangladesh’s growth


June 5th, 2011 - 11:51 pm ICT by IANS
Dhaka, June 5 (IANS/WAM) The United Arab Emirates seeks to play a bigger role in helping Bangladesh achieve its growth objectives under its Vision 2021 plan, a minister said Sunday."We ... Read more...

Posted in Business |

Nitish Kumar to visit China to promote Bihar


June 3rd, 2011 - 3:02 pm ICT by IANS
Patna, June 3 (IANS) Bihar Chief Minister Nitish Kumar will visit China mid-June to explore the possibility of investments in the state and joint venture tie-ups for tourism, ... Read more...

Posted in Politics |

India Show in Canada to showcase engineering power


May 28th, 2011 - 2:43 pm ICT by IANS
Toronto, May 28 (IANS) India will display its engineering and technological prowess here in October as part of ongoing celebrations of the 'Year of India in Canada.'Over 150 engineering ... Read more...

Posted in Sci-Tech |

JSW Steel quarterly net profit rises 16 percent


May 16th, 2011 - 5:24 pm ICT by IANS
Mumbai, May 16 (IANS) Indian steel major JSW Steel Monday posted a 16 percent increase in its net profit at Rs.832.66 crore for the quarter ended March 31 as against ... Read more...

Posted in Business |

India tops list of foreign investors in Ghana


April 29th, 2011 - 12:35 pm ICT by IANS
Accra, April 29 (IANS) India topped the list of overseas investment in Ghana with 19 projects out of a total of 109 registered by the Ghana Investment Promotion Centre (GIPC) ... Read more...

Posted in Business |

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