Strike hits key sectors, industry puts loss at $2.2 billion (Roundup)
September 20th, 2012 - 9:25 pm ICT by IANS
New Delhi, Sep 20 (IANS) Economic and business activities across India was hit Thursday causing an estimated loss of around Rs.12,500 crore ($2.25 billion), a leading industry lobby said.The one-day ... Read more...
Posted in Business |
‘Efforts on to allow FDI in multi-brand retail’
March 16th, 2012 - 9:20 pm ICT by IANS
New Delhi, March 16 (IANS) The government would hold more consultations with state governments to build consensus on allowing foreign direct investment (FDI) in multi-brand retail, Finance Minister Pranab ... Read more...
Posted in Business |
Government has not ’shelved’ FDI in retail: Pranab
December 23rd, 2011 - 7:00 pm ICT by IANS
New Delhi, Dec 23 (IANS) India has not shelved its plan to allow foreign equity in multi-brand retail, Finance Minister Pranab Mukherjee said Friday saying ?it is very much ... Read more...
Posted in Business |
South Korea’s industrial output shrinks in October
November 30th, 2011 - 2:10 pm ICT by IANS
Seoul, Nov 30 (IANS) South Korea's industrial output contracted last month amid lingering uncertainties surrounding Europe's debt crisis and the possible global economic slowdown, a government report showed Wednesday.Output in ... Read more...
Posted in Business |
Day 6: Dry winter spell continues in parliament (Roundup)
November 29th, 2011 - 8:35 pm ICT by IANS
New Delhi, Nov 29 (IANS) The raging political storm over the government's controversial decision of allowing foreign equity in retail ensured there was no work done in parliament Tuesday, ... Read more...
Posted in Politics |
Parliament adjourned for day amid deadlock over FDI
November 29th, 2011 - 2:57 pm ICT by IANS
New Delhi, Nov 29 (IANS) The parliament logjam continued for the sixth day of the 21-day winter session Tuesday after an all-party meeting to defuse the crisis ended without ... Read more...
Posted in Politics |
Tata Motors, SBI tie-up to finance dealers
April 19th, 2011 - 10:14 pm ICT by IANS
Kolkata, April 19 (IANS) Tata Motors, India's largest automobile company, has entered into an agreement with the State Bank of India (SBI) for providing financing facilities to the company ... Read more...
Posted in Business |
Dell to employ more people, expand India operations
March 22nd, 2011 - 4:49 pm ICT by IANS
New Delhi, March 22 (IANS) Dell Inc, the world's second largest personal computer maker, plans to increase investment and hire a few thousand more people over the next one year ... Read more...
Posted in Business |
Hindustan Motors, SBI tie-up for vehicle financing
June 7th, 2010 - 5:41 pm ICT by IANS
Kolkata, June 7 (IANS) C.K. Birla Group flagship company Hindustan Motors Limited (HML) Monday entered into a tie up with the State Bank of India (SBI) under which the public sector ... Read more...
Posted in Business |
Governments Rs. 4,000 crore incentive for automobile industry
January 16th, 2009 - 6:19 pm ICT by ANI
New Delhi, Jan 16(ANI): The Union Government has declared an incentive scheme under Jawaharlal Nehru National Urban Mission (JNNURM) for generating Rs. 4,000 Crore business in the automobile industry sector, hit ... Read more...
Posted in National |
Bajaj Auto sales dip 32 percent in November
December 4th, 2008 - 5:57 pm ICT by IANS
New Delhi, Dec 4 (IANS) Bajaj Auto Ltd, the country's second largest two-wheeler maker, Thursday reported a 32 percent fall in its total sales in November, thanks to a credit squeeze that ... Read more...
Posted in Business |
Hindustan Motors posts $3.6 mn loss
October 21st, 2008 - 10:22 pm ICT by IANS
Mumbai, Oct 21 (IANS) Hindustan Motors Ltd, part of the CK Birla group, has posted a net loss of $3.6 million for the second quarter this fiscal, compared to $62,000 in the ... Read more...
Posted in Uncategorized |
Hero Honda net profit up 49.9 percent
October 21st, 2008 - 6:16 pm ICT by IANS
New Delhi, Oct 21 (IANS) Motorcycle major Hero Honda Motors Ltd has posted a net profit of $68.06 million for the second quarter this fiscal, compared to $45.4 million in the corresponding ... Read more...
Posted in Business |
TVS Motor’s sales dip in February
March 3rd, 2008 - 2:36 pm ICT by admin
Chennai, March 3 (IANS) Two-wheeler maker TVS Motor Co Ltd Monday said sales had gone down during February 2008, compared to the same month last year. In February 2008 TVS sold 95,235 ... Read more...
Posted in Business |