Amway India grew 19 percent in 2011
March 2nd, 2012 - 4:38 pm ICT by IANS
Bhubaneswar, March 2 (IANS) The annual turnover of consumer and home products direct marketing company Amway India has grown by 19 percent in 2011, over the previous fiscal, its vice ... Read more...
Posted in Business |
Chhattisgarh, Railways ink deal for three rail corridors
February 28th, 2012 - 12:01 am ICT by IANS
Raipur, Feb 27 (IANS) Chhattisgarh Monday signed a deal with the Indian Railways for developing three rail corridors in the state's poverty-hit northern region that has roughly one-fifth of the ... Read more...
Posted in Business |
Chhattisgarh signs pact for rail corridors (Lead)
February 17th, 2012 - 5:00 pm ICT by IANS
Raipur, Feb 17 (IANS) Chhattisgarh wants industrial rail corridors in its sprawling northern region that has an estimated 20 percent of India's coal deposits.The government and Indian Railways are set ... Read more...
Posted in Business |
Chhattisgarh to sign MOU with Railways for new project
February 17th, 2012 - 2:36 pm ICT by IANS
Raipur, Feb 17 (IANS) The Chhattisgarh government and the Indian Railways are all set to sign a Memorandum of Understanding (MoU) later this month for setting up industrial rail ... Read more...
Posted in Business |
LG Electronics to double Indian sales by 2015
August 19th, 2011 - 12:13 am ICT by IANS
Chennai, Aug 18 (IANS) South Korean consumer durables manufacturer LG Electronics is planning to double its business in India by 2015, focusing on home appliances as well as information technology ... Read more...
Posted in Uncategorized |
Libya’s largest oil company wary of resuming production
May 18th, 2011 - 9:26 pm ICT by IANS
Tripoli, May 18 (IANS) Libya's biggest oil company Wednesday declined to resume production due to the uncertain security situation that prevails following widespread protests against the country's leader, Muammar Gaddafi, ... Read more...
Posted in Business |
Coal mining will be increased to meet demand: Jaiswal
September 24th, 2010 - 6:17 pm ICT by IANS
New Delhi, Sep 24 (IANS) In a bid to increase coal production, the government will soon allow up to 20 boreholes in a square km area for coal exploration from one borehole ... Read more...
Posted in Business |
Sriprakash Jaiswal says efforts will be stepped up to locate coal
September 24th, 2010 - 5:41 pm ICT by ANI
New Delhi, Sep 24 (ANI): Minister of State for Coal Sriprakash Jaiswal on Friday said the Government is actively considering to enhance the borehole density for coal exploration from the existing 1.5 ... Read more...
Posted in National |
ArcelorMittal changes India strategy, focus on smaller units
September 16th, 2010 - 9:53 pm ICT by IANS
London, Sep 16 (IANS) Facing delays in land acquisition and protests by tribals in India for its proposed units, top global steel producer AreclorMittal has revised its strategy and will now ... Read more...
Posted in Business |
Public-private partnership in defence a must: PM
May 26th, 2010 - 4:53 pm ICT by IANS
New Delhi, May 26 (IANS) Prime Minister Manmohan Singh Wednesday said the government will encourage the participation of India Inc. in the defence sector through public-private partnerships.
"Greater participation of Indian ... Read more...
Posted in Business |
Amway targets Rs.20 billion business in India by 2012
April 20th, 2010 - 3:31 pm ICT by IANS
Agartala, April 20 (IANS) Consumer and home products direct marketing company Amway India hopes to do business worth Rs.20 billion in the country by 2012, adding more products to its portfolio, a ... Read more...
Posted in Business |
Russia delivers S-300 air-defence batteries to China
April 2nd, 2010 - 7:13 pm ICT by IANS
Moscow, April 2 (IANS/RIA Novosti) Russia has delivered 15 batteries of S-300 surface-to-air missile systems to China, the manufacturer said Friday.
Igor Ashurbeili, general director of the Almaz-Antei, said it had thus completed ... Read more...
Posted in Business |
Hindusthan National Glass plans unit in Andhra Pradesh
January 20th, 2010 - 6:16 pm ICT by IANS
Kolkata, Jan 20 (IANS) Fuelled by the growing demand for liquor and food and beverages, Hindusthan National Glass and Industries Ltd will set up a greenfield project in Andhra Pradesh.
"We are on ... Read more...
Posted in Business |
Need to source steel for power plants locally: Experts
January 4th, 2010 - 6:49 pm ICT by IANS
Chennai, Jan 4 (IANS) With India embarking on a massive expansion in the power sector, it is imperative for equipment manufacturers to source steel locally to keep costs low, according to various ... Read more...
Posted in Business |
Centre assures to meet steel demand in the country
December 10th, 2009 - 4:33 pm ICT by ANI
New Delhi, Dec 10 (ANI): Union Minister of State for Steel A Sai Pratap on Thursday said that steel demand in the country is being met both through domestic production and imports."The ... Read more...
Posted in National |
Foundry Industry stages comeback in Gujarat
June 30th, 2009 - 9:59 pm ICT by ANI
Rajkot, June 30 (ANI): Foundry Industry in Gujarat has staged a comeback as new business with the revival in demand from engineering and automobile sectors.Although, the demand from the export sectors is ... Read more...
Posted in Feature |
Ban Ki-moon urges private sector to help combat swine flu
May 19th, 2009 - 9:12 pm ICT by IANS
Geneva, May 19 (DPA) UN Secretary General Ban Ki-moon said Tuesday that cooperation was needed from the private sector to tackle the influenza A(H1N1) virus, also called swine flu.
Ban was addressing delegates ... Read more...
Posted in Health |
Builder Strabag halts $700 mn expansion in Russia
September 29th, 2008 - 10:25 pm ICT by IANS
Vienna, Sep 29 (DPA) Austrian-based construction group Strabag SE announced Monday it has put on hold a planned joint venture with a Russian cement group in order to stay flexible in the ... Read more...
Posted in Business |
US report warns increased demand for nuclear energy might lead to proliferation
July 8th, 2008 - 2:36 pm ICT by ANI
Washington , July 8 (ANI): A US State Department report, prepared two months earlier, has warned that as new countries have begun nuclear energy generation, the US must ensure that these ... Read more...
Posted in World |
Caterpillar to invest $200 mn in India facilities
June 26th, 2008 - 9:34 pm ICT by IANS
Chennai, June 26 (IANS) Earthmoving equipment major Caterpillar Inc., headquartered in the US, will invest $200 million to ramp up its Indian operations over the next four years, the company said here ... Read more...
Posted in Business |
Hindustan Zinc planning Rs.36 bn expansion
April 25th, 2008 - 7:25 am ICT by admin
Ahmedabad, April 24 (IANS) Hindustan Zinc Ltd (HZL), a subsidiary of Sterlite Industries Ltd, Thursday announced its Rs.36 billion ($900 million) expansion projects, which, according to the company, would make it the ... Read more...
Posted in Business |
Hindustan Zinc to become world’s largest integrated zinc-lead producer
April 24th, 2008 - 10:49 pm ICT by admin
Mumbai, Apr 24 (ANI/Business Wire India): Expanding capacity to 1,065,000 tonnes per annum, making Hindustan Zinc Limited the largest integrated zinc-lead producer in the world and achieving stated capacity goal of ... Read more...
Posted in Business |
OPEC crude price at new record high
April 11th, 2008 - 5:02 pm ICT by admin
DPA
Vienna, April 11 (DPA) The price for crude produced by the Organization of the Petroleum Exporting Countries (OPEC) peaked at $103.74 Thursday, OPEC said Friday. The price hike comes despite remarks from ... Read more...
Posted in Business |
Sundram Fasteners to expand international operations
April 7th, 2008 - 11:21 am ICT by admin
Chennai, April 7 (IANS) India's auto component manufacturer Sundram Fasteners Ltd, part of the city-based TVS Group, is expanding its production capacities in China, Germany and Britain, and also looking at aerospace ... Read more...
Posted in Business |