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Usha sells stake in Honda Siel Cars to Honda Motor


August 10th, 2012 - 7:24 pm ICT by IANS
New Delhi, Aug 10 (IANS) Diversified group Usha International has sold its stake in Honda Siel Cars India (HSCI) to its joint venture (JV) partner Honda Motor of Japan for ... Read more...

Posted in Business |

Indian astronomy satellite to study universe at multi-wavelengths


July 16th, 2012 - 2:38 pm ICT by IANS
Mysore (Karnataka), July 16 (IANS) Astrosat, the $50 million astronomy satellite India will put in polar circular orbit in 2013, will study the universe at multi-wavelengths for the first ... Read more...

Posted in Sci-Tech |

North India is power starved, yet Himachal’s excess goes abegging


June 22nd, 2012 - 5:02 pm ICT by IANS
Shimla, June 22 (IANS) Despite severe cuts across north India, a staggering 50 percent of the excess power generated by the hill state of Himachal Pradesh goes abegging as poorly-managed ... Read more...

Posted in Business |

Happy at CVC referring coal allocation case to CBI: BJP


June 1st, 2012 - 5:22 pm ICT by IANS
New Delhi, June 1 (IANS) The Bharatiya Janata Party (BJP) Friday said it was "happy" that the Central Vigilance Commission (CVC) has referred the coal block allocation case to ... Read more...

Posted in Politics |

Vodafone India posts 19.5 percent hike in service revenue


May 22nd, 2012 - 9:45 pm ICT by IANS
Mumbai, May 22 (IANS) Vodafone India Tuesday posted a 19.5 percent increase in service revenue at Rs.3,21,184 million during the financial year ended March 31, but said its initial public ... Read more...

Posted in Business |

Daiwik Hotels to launch five hotels in pilgrimage centres


May 22nd, 2012 - 6:25 pm ICT by IANS
Kolkata, May 22 (IANS) Kolkata-based Daiwik Hotels is planning to launch five hotels in key pilgrimage centres across India with an initial investment of Rs.180 crore in the next 30 ... Read more...

Posted in Business |

Coal ’scam’ disrupts parliament (Lead)


May 22nd, 2012 - 2:23 pm ICT by IANS
New Delhi, May 22 (IANS) Both houses of parliament were disrupted Tuesday over the Comptroller and Auditor General (CAG) reportedly pointing to a loss of over Rs.180,000 crore ($40 ... Read more...

Posted in Uncategorized |

Kerala Christians set for Easter


April 5th, 2012 - 5:59 pm ICT by IANS
Thiruvananthapuram, April 5 (IANS) With just two days left for Easter, Christians in the state are geared up for the celebrations.The lent, involves a 50-day abstain from all non-vegetarian items ... Read more...

Posted in Uncategorized |

Income tax exemption limit raised to Rs.2 lakh (Lead)


March 16th, 2012 - 5:35 pm ICT by IANS
New Delhi, March 16 (IANS) Giving some relief to individual taxpayers, Finance Minister Pranab Mukherjee Friday proposed to raise the income tax exemption limit to Rs.2 lakh from Rs.1.8 ... Read more...

Posted in Business |

Railway stocks slump during noon trade


March 14th, 2012 - 3:03 pm ICT by IANS
New Delhi, March 14 (IANS) Stocks of companies associated with railways slumped around noon Wednesday, soon after the Railway Minister Dinesh Tivedi presented the budget of the network for the ... Read more...

Posted in Uncategorized |

Sensex rises 285 points, snaps four-day fall (Roundup)


February 28th, 2012 - 7:39 pm ICT by IANS
Mumbai, Feb 28 (IANS) A benchmark index for Indian markets Tuesday closed 285 points higher as traders picked up scrips that were battered in the last four days.The 30-scrip ... Read more...

Posted in Business |

Delhi to provide shelter to migrant workers


January 8th, 2012 - 3:28 pm ICT by IANS
New Delhi, Jan 8 (IANS) The thousands of migrant workers engaged in various projects in the national capital would soon be provided temporary accommodation in dormitories being constructed in north ... Read more...

Posted in Business |

Will pricey cakes eat into Christmas festivities?


December 23rd, 2011 - 6:10 pm ICT by IANS
Kolkata, Dec 23 (IANS) Christmas celebrations are incomplete without the customary cakes. But this Dec 25, the festivities may not be as sweet as in the past since many bakers ... Read more...

Posted in Life Style |

Energy subsidies unsustainable, reforms needed: Experts


December 13th, 2011 - 10:04 pm ICT by IANS
New Delhi, Dec 13 (IANS) Energy sector experts Tuesday warned the government that the current levels of subsidies for petroleum products were unsustainable and called for reforms in the segment ... Read more...

Posted in Business |

Petroleum sector contributes Rs.192,577 crore to exchequers


December 13th, 2011 - 8:11 pm ICT by IANS
New Delhi, Dec 13 (IANS) The petroleum and natural gas sector has contributed Rs.136,497 crore to the national exchequer and Rs.88,997 crore to the state coffers last fiscal, the government ... Read more...

Posted in Business |

Government to free diesel, LPG prices after weighing impact


December 12th, 2011 - 4:50 pm ICT by IANS
New Delhi, Dec 12 (IANS) The government would deregulate diesel and liquefied petroleum gas (LPG) prices only after considering their impact on the weaker sections of the society, Minister of ... Read more...

Posted in Business |

RPP Infra Projects bags orders of over Rs.340 million


November 29th, 2011 - 3:41 pm ICT by IANS
Mumbai, Nov 29 (IANS) RPP Infra Projects Ltd Tuesday said it has bagged orders worth over Rs.340 million from the Indira Gandhi Centre for Atomic Research (IGCAR) and the Andaman ... Read more...

Posted in Business |

Amid rain, Kashmiris hit shopping high for Eid


November 5th, 2011 - 10:45 am ICT by IANS
Srinagar, Nov 5 (IANS) Amid incessant rain and cold weather, days ahead of Eid-ul-Zuha Monday, Kashmiris, forgetting all their other problems, are thronging the markets to buy sacrificial animals, clothes, ... Read more...

Posted in Life Style |

Thrifty power users in Delhi to get subsidy


August 30th, 2011 - 9:46 pm ICT by IANS
New Delhi, Aug 30 (IANS) Consumers in Delhi restricting their monthly consumption of power to 200 units would get a subsidy of one rupee per unit, Power Minister Haroon Yusuf ... Read more...

Posted in Business |

Tamil Nadu gives big push to solar power


August 4th, 2011 - 11:08 pm ICT by IANS
Chennai, Aug 4 (IANS) The Tamil Nadu government plans to give a big thrust to solar power with its plans to energise street lights and houses with power from the ... Read more...

Posted in Business |

Sensex closes 204 points down amid negative global cues (Roundup)


August 2nd, 2011 - 7:13 pm ICT by IANS
Mumbai, Aug 2 (IANS) Indian equities markets closed 204 points lower Tuesday as traders sold off stocks amid negative global cues and worries of a global economic slowdown.The 30-scrip ... Read more...

Posted in Business |

Maruti Suzuki’s Q1 net profit zooms at 18.02 percent


July 26th, 2011 - 3:10 pm ICT by IANS
Mumbai, July 26 (IANS) Automobile giant Maruti Suzuki Tuesday reported an increase of 18.02 percent in its net profit for the first quarter of the current fiscal at Rs.549.23 crore, ... Read more...

Posted in Business |

Day ahead of monetary policy review, Sensex closes 149 points up (Roundup)


July 25th, 2011 - 8:24 pm ICT by IANS
Mumbai, July 25 (IANS) A day ahead of the quarterly monetary policy review, a benchmark index for Indian equities markets closed 149 points higher Monday, breaking off from the ... Read more...

Posted in Business |

Sensex takes a breather after three-day rally (Second Lead)


June 28th, 2011 - 10:27 pm ICT by IANS
Mumbai, June 28 (IANS) After three days of rallying, benchmark indices at Indian equities markets closed moderately higher, having been restricted to a narrow range for most of Tuesday's ... Read more...

Posted in Business |

Tamil Nadu seeks over Rs.180,000 crore for free laptops, other schemes


June 14th, 2011 - 10:23 pm ICT by IANS
Chennai, June 14 (IANS) Tamil Nadu Chief Minister J.Jayalalithaa Tuesday asked the central government for financial assistance amounting to Rs.182,402.18 crore for various schemes to be implemented by her ... Read more...

Posted in Politics |

Indian equities markets manage to end flat


June 13th, 2011 - 6:16 pm ICT by IANS
Mumbai, June 13 (IANS) A benchmark index for Indian equities markets Monday managed to pull up from the intra-day lows and close flat in spite of being weighed down ... Read more...

Posted in Business |

Strike at Maruti’s Manesar plant enters sixth day


June 9th, 2011 - 5:05 pm ICT by IANS
New Delhi, June 9 (IANS) The strike at Maruti Suzuki's plant in Manesar town of Haryana entered its sixth day Thursday with talks between the workers and management failing to ... Read more...

Posted in Business |

Melon juice or pomegranate sangria? Take your pick (With Images and Recipes)


May 23rd, 2011 - 11:41 am ICT by IANS
New Delhi, May 23 (IANS) Surprises never cease, says Surinder Mohan Malhotra, who has been in the food and beverages sector for 35 years. Time was when people would ... Read more...

Posted in Life Style |

Air India seeks ministry nod to issue Rs.5,500 crore bonds


May 16th, 2011 - 8:49 pm ICT by IANS
New Delhi, May 16 (IANS) National carrier Air India Monday said that it has sent a proposal to the civil aviation ministry for permission to raise Rs.5,500 crore by issuing ... Read more...

Posted in Business |

NTPC quarterly net profit rises 38 percent


May 10th, 2011 - 6:20 pm ICT by IANS
Mumbai, May 10 (IANS) India's top power producer National Thermal Power Corporation (NTPC) Tuesday posted 38 percent increase in its net profit at Rs.2,781.84 crore for the quarter ended March ... Read more...

Posted in Business |

Markets end on tame note, Sensex slips in late selling (Roundup)


May 10th, 2011 - 5:58 pm ICT by IANS
Mumbai, May 10 (IANS) A benchmark index for Indian equities markets fell sharply in the afternoon session Tuesday to close flat as selling pressure built up on heavy-weights like ... Read more...

Posted in Business |

Sensex sluggish; SBI, Infosys rise (Lead)


April 25th, 2011 - 3:18 pm ICT by IANS
Mumbai, April 25 (IANS) A benchmark index for Indian equities markets was witnessing sluggish trading Monday due to lack of buying activities as gains in banking and IT stocks ... Read more...

Posted in Business |

Tamil Nadu freebie wars: AIADMK ups DMK’s promises


March 24th, 2011 - 7:44 pm ICT by IANS
Chennai, March 24 (IANS) It is raining promises of freebies in Tamil Nadu polls. AIADMK chief J. Jayalalithaa Thursday exceeded her arch rival DMK's promises to the voters ... Read more...

Posted in Politics |

Post-budget, NRIs have to spend more in India (Comment)


March 6th, 2011 - 1:54 pm ICT by IANS
Non-residents Indians (NRIs) will have to spend a little more on their visits to India after the latest budget. As the air travel tax has gone up, NRIs now pay more ... Read more...

Posted in Business |

Sensex surges 623 points on budget proposals (Roundup)


March 1st, 2011 - 7:55 pm ICT by IANS
Mumbai, March 1 (IANS) A benchmark index for Indian equities markets surged 623 points Tuesday, a day after the presentation of the budget for 2011-12, as investor sentiment was particularly boosted ... Read more...

Posted in Business |

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