SPV formed for road project in Madhya Pradesh
August 17th, 2012 - 7:42 pm ICT by IANS
New Delhi, Aug 17 (IANS) The government Friday approved the formation of a special purpose vehicle (SPV) to execute the Lakhnadone-Ghansore road project in Madhya Pradesh.The project will be executed ... Read more...
Posted in Business |
Argentine president inherits $6.8 mn
August 8th, 2012 - 11:26 am ICT by IANS
Buenos Aires, Aug 8 (IANS/EFE) Argentine President Cristina Fernandez inherited 31.6 million pesos ($6.8 million) from her late husband and predecessor, Nestor Kirchner, the media reported Tuesday, citing financial disclosure ... Read more...
Posted in Politics |
HPL awaits nod for product swapping terms in next board meeting
August 4th, 2012 - 8:18 pm ICT by IANS
Kolkata, Aug 4 (IANS) In a bid to arrange a temporary financing option, cash-strapped Haldia Petrochemicals Ltd (HPL), the second-largest maker of polyethylene in India, is awaiting a nod from ... Read more...
Posted in Business |
Bhattacharyya resigns as Haldia Petrochemicals MD
June 19th, 2012 - 10:44 pm ICT by IANS
Kolkata, June 19 (IANS) Partha Bhattacharyya Tuesday resigned as managing director of cash-strapped Haldia Petrochemicals Ltd (HPL), paving the way for appointment of a West Bengal government nominee for the ... Read more...
Posted in Business |
Katie Price’s mother thinks her daughter looks like ‘mutton’
June 13th, 2012 - 7:53 pm ICT by Aishwarya Bhatt
Los Angeles, June 13 (THAINDIAN NEWS) Amy, mother of glamour model and TV personality Katie Price, has criticized her daughter for her choice of clothes.
In her reality show, Katie’s ... Read more...
Posted in Entertainment |
Reliance Capital nets 329 crore profit in Jan-March quarter
May 19th, 2012 - 9:11 pm ICT by IANS
Mumbai, May 19 (IANS) Reliance Capital Saturday said it has posted Rs.329.32 crore ($65 million) profit in the January-March 2012 period as against Rs.6.46 crore loss during the corresponding quarter ... Read more...
Posted in Business |
SAIL pays government Rs.425.36 crore interim dividend (With Image)
April 3rd, 2012 - 10:06 pm ICT by IANS
New Delhi, April 3 (IANS) State-owned Steel Authority of India Ltd (SAIL) Tuesday paid Rs.425.36 crore as interim dividend to the government for its 85.82 percent holding in the ... Read more...
Posted in Business |
Defects in Shyam Telelink’s application: Unitech MD
April 3rd, 2012 - 1:16 am ICT by IANS
New Delhi, April 2 (IANS) Unitech Managing Director Sanjay Chandra told a special CBI court Monday that Shyam Telelink Ltd's applications for 2G spectrum licences were required to be ... Read more...
Posted in Uncategorized |
Bengal minister becomes HPL chairman
March 27th, 2012 - 9:45 pm ICT by IANS
Kolkata, March 27 (IANS) West Bengal Industry Minister Partha Chatterjee was Tuesday inducted as chairman of Haldia Petrochemicals Ltd (HPL) at a board meeting where it was decided to convert ... Read more...
Posted in Politics |
Kerala’s Federal Bank to open two more offices abroad
March 9th, 2012 - 9:22 pm ICT by IANS
Thiruvananthapuram, March 9 (IANS) Kerala-headquartered Federal Bank, which currently has just one representative office outside the country in Abu Dhabi, is working to open two more, according to a top ... Read more...
Posted in Uncategorized |
SpiceJet promoter to infuse Rs.100 crore
March 2nd, 2012 - 10:35 pm ICT by IANS
New Delhi, March 2 (IANS) Budget carrier Spicejet Friday said its promoter Kalanidhi Maran will infuse Rs.100 crore into the passenger carrier in lieu of five percent equity or additional ... Read more...
Posted in Business |
Centre’s nod to electronic warehouse receipts expected
March 2nd, 2012 - 10:13 pm ICT by IANS
Kolkata, March 2 (IANS) The Warehousing Development and Regulatory Authority (WDRA), which regulates warehouses in the country, Friday said it is hopeful of receiving the central government's nod to ... Read more...
Posted in Uncategorized |
Essar Oil’s Q3 net loss at Rs.3,986 crore
February 17th, 2012 - 9:26 pm ICT by IANS
Mumbai, Feb 17 (IANS) Essar Oil Friday reported a Rs.3,986 crore net loss for the third quarter of the current fiscal after accounting for sales tax that it had not ... Read more...
Posted in Business |
Reliance Infra quarterly operating income rises 66 percent
February 14th, 2012 - 8:29 pm ICT by IANS
Mumbai, Feb 14 (IANS) Reliance Infrastructure Tuesday posted a 66 percent rise in operating income at Rs.6,130 crore for the quarter ended Dec 31 against Rs.3,686 crore during the like ... Read more...
Posted in Business |
City Union Bank to come out with rights issue
January 31st, 2012 - 7:46 pm ICT by IANS
Chennai, Jan 31 (IANS) Private sector City Union Bank has initiated the process of coming out with a rights issue in six months' time to beef up its net worth, ... Read more...
Posted in Business |
Saudi prince buys into Twitter
December 19th, 2011 - 8:29 pm ICT by IANS
London, Dec 19 (IANS) Saudi billionaire prince Alwaleed bin Talal has invested $300 million in the microblogging company Twitter, becoming its latest major investor.Alwaleed, the nephew of Saudi Arabian ... Read more...
Posted in Business |
Russian billionaire Prokhorov to challenge Putin in presidential race
December 12th, 2011 - 10:53 pm ICT by BNO News
MOSCOW (BNO NEWS) -- Russian billionaire tycoon Mikhail Prokhorov on Monday announced he will take part in next year's presidential election and challenge Vladimir Putin, who has been facing increasing pressure over ... Read more...
Posted in Politics |
Apex court notice to SEBI on Sahara companies’ plea
November 28th, 2011 - 8:44 pm ICT by IANS
New Delhi, Nov 28 (IANS) The Supreme Court Monday issued notice to the securities and exchange regulator and the central government on a plea of two Sahara group companies which ... Read more...
Posted in Business |
Miley Cyrus tops the list of the ‘Richest Teens’
November 24th, 2011 - 7:30 pm ICT by Aishwarya Bhatt
Hollywood, Nov 24 (THAINDIAN NEWS) Actress Miley Cyrus is the richest teenager in Hollywood. The 19-year-old is estimated to be worth a whopping $120 million. The fortune of Harry Potter star Daniel ... Read more...
Posted in Entertainment |
Nearly half of US lawmakers are millionaires
November 17th, 2011 - 12:14 pm ICT by IANS
Washington, Nov 17 (IANS/EFE) Nearly half of the 535 members of the US Congress have a net worth greater than $1 million, the nonpartisan Center for Responsive Politics says in ... Read more...
Posted in Politics |
Kingfisher Q2 losses at Rs.468 crore, board to meet again
November 15th, 2011 - 2:53 pm ICT by IANS
Mumbai, Nov 15 (IANS) Kingfisher Airlines, which continues to cancel many flights while struggling with an exodus of pilots and huge debts, Tuesday reported a net loss of Rs.468.66 ... Read more...
Posted in Business |
Reliance Cap Q2 total income rises 19 percent
November 11th, 2011 - 7:18 pm ICT by IANS
New Delhi, Nov 11 (IANS) Financial services major Reliance Capital, part of the Reliance Group, Friday reported an increase of 19 percent in total income at Rs.1,546 crore for the ... Read more...
Posted in Business |
Study suggest that Millionaires more likely to have gone to state school
October 12th, 2011 - 12:16 am ICT by Aishwarya Bhatt
London, Oct 11 (THAINDIAN NEWS) British self-made millionaires more likely went to a state school than a private school, a new study claims. The research also found that for those who went ... Read more...
Posted in Business |
Sean Parker tipped a waitress $5000
October 4th, 2011 - 7:31 pm ICT by Aishwarya Bhatt
Los Angeles, Oct 4 (THAINDIAN NEWS) A waitress at a West Hollywood club couldn’t believe her luck when she was given a tip which could possibly be bigger than her salary. Rumor ... Read more...
Posted in Technology Industry News |
Fisher Island is the place where US millionaires live
September 21st, 2011 - 6:30 pm ICT by Aishwarya Bhatt
Washington, Sept 21 (THAINDIAN NEWS) The IRS has zoned the areas in the United States where millionaires in the country live. In his latest bid to save the US economy, President Barack ... Read more...
Posted in Business |
Just $30 million left for Jackson’s family
September 14th, 2011 - 9:42 pm ICT by IANS
Los Angeles, Sep 14 (IANS) Michael Jackson was once one of the wealthiest singers in the history of entertainment, but his family will get just $30 million after paying ... Read more...
Posted in Entertainment |
Micro finance firm Bandhan to apply for banking licence
September 5th, 2011 - 6:23 pm ICT by IANS
Kolkata, Sep 5 (IANS) Bandhan, one of the largest microfinance institutions (MFIs) in India, will apply for banking licence soon after the Reserve Bank of India (RBI) comes up with ... Read more...
Posted in Uncategorized |
State-run TSL making losses for 20 years
August 23rd, 2011 - 8:12 pm ICT by IANS
New Delhi, Aug 23 (IANS) Heavy equipment-maker Triveni Structurals Ltd (TSL) has been consistently running in losses for the last two decades, the sole state-run firm to do so, the ... Read more...
Posted in Business |
Over Rs.61,600 crore in net worth of public sector firms eroded
August 18th, 2011 - 7:02 pm ICT by IANS
New Delhi, Aug 18 (IANS) Over Rs.61,600 crore in net worth has been eroded of 59 state- run companies during the last three years ending 2009-10, Minister of Heavy Industries ... Read more...
Posted in Business |
Reliance Capital total income up 18 percent
August 13th, 2011 - 7:00 pm ICT by IANS
Mumbai, Aug 13 (IANS) Reliance Capital, part of the Anil Ambani-led Reliance Group, said Saturday its consolidated income increased by 18 percent to Rs.1,492.11 crore ($334 million) in the first ... Read more...
Posted in Uncategorized |
Reliance Infra quarterly net profit rises 8 percent
August 11th, 2011 - 4:09 pm ICT by IANS
Mumbai, Aug 11 (IANS) Reliance Infra, part of the Anil Dhirubhai Ambani Group (ADAG), Thursday reported an 8 percent rise in net profit for the quarter ended June 30 at ... Read more...
Posted in Uncategorized |
Government gives nod for Reliance Industries-BP deal
July 22nd, 2011 - 8:28 pm ICT by IANS
New Delhi, July 22 (IANS) The central government Friday gave its go-ahead to global energy major BP buying 30 percent stake in some of the oil and gas blocks held ... Read more...
Posted in Business |
SBI to acquire its subsidiary SBICI Bank
July 21st, 2011 - 5:20 pm ICT by IANS
New Delhi, July 21 (IANS) State Bank of India (SBI) will acquire its wholly-owned subsidiary SBICI Bank Ltd, which runs two branches in Mumbai and has business of nearly ... Read more...
Posted in Uncategorized |
Seven new BlackBerries to be unveiled soon
July 13th, 2011 - 10:54 am ICT by IANS
Toronto, July 13 (IANS) Warding off investors' anger at their annual meeting at Waterloo near here Tuesday, BlackBerry co-CEOs announced that seven new smart phones running a new operating system ... Read more...
Posted in Sci-Tech |
BlackBerry co-founders knocked off billionaires’ list
June 24th, 2011 - 9:52 am ICT by IANS
Toronto, June 24 (IANS) The two men who created the iconic BlackBerry company have been knocked off the world billionaires' list.With the shares of BlackBerry maker Research In Motion (RIM) ... Read more...
Posted in Business |