subsidiaries

Advance Pricing Agreement norms come into effect


August 31st, 2012 - 10:37 pm ICT by IANS
New Delhi, Aug 31 (IANS) Advance Pricing Agreement (APA) norms, introduced in this year's Budget, have come into effect from Aug 30, 2012, an official release said Friday. An APA ... Read more...

Posted in Business |

TiE announces awards for entrepreneurs


August 29th, 2012 - 5:33 pm ICT by IANS
New Delhi, Aug 29 (IANS) The New Delhi-NCR chapter of The Indus Entrepreneurs (TiE), the world's largest organisation of entrepreneurs, in association with Lumis Partners, a private equity fund, has ... Read more...

Posted in Business |

India approves Walt Disney’s Rs.1,000 crore investment


August 23rd, 2012 - 9:18 pm ICT by IANS
New Delhi, Aug 23 (IANS) The Indian government Thursday said it has approved US-based Walt Disney's Rs.1,000 crore investment proposal in broadcasting business in India.Based on the recommendations of the ... Read more...

Posted in Business |

Power will return by 7-7:30 p.m.: Power Grid


July 31st, 2012 - 7:12 pm ICT by IANS
New Delhi, July 31 (IANS) Most places affected by the failure of three power grids in the country will get back power by 7-7:30 p.m., Power Grid Corp of India ... Read more...

Posted in Uncategorized |

Government okays 14 FDI proposals worth Rs.1,584 crore


July 24th, 2012 - 8:27 pm ICT by IANS
New Delhi, July 24 (IANS) The government Tuesday announced it has approved 14 proposals of foreign direct investment (FDI) worth Rs.1,584.11 crore. Majority of the money flow will be ... Read more...

Posted in Business |

Infosys cuts hiring in first quarter


July 12th, 2012 - 1:51 pm ICT by IANS
Bangalore, July 12 (IANS) In a reversal of trend, Infosys Ltd. hired less employees in first quarter (June-April) of 2012-13 fiscal than in the fourth quarter (January-March) of the last ... 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 |

IDBI Bank quarterly net profit rises to Rs.770.78 crore


April 21st, 2012 - 6:40 pm ICT by IANS
New Delhi, April 21 (IANS) IDBI Bank Saturday reported a net profit of Rs.770.78 crore for the quarter ended March 31, against Rs.516.25 crore logged in the like period of ... Read more...

Posted in Business |

Infosys to hire 35,000 techies this fiscal


April 13th, 2012 - 11:10 pm ICT by IANS
Bangalore, April 13 (IANS) India's second largest IT bellwether Infosys Ltd and its subsidiaries would hire 35,000 people (gross addition) in fiscal 2012-13, about 10,000 less than last fiscal (2011-12), ... Read more...

Posted in Sci-Tech |

Vedanta looking to acquire coal assets in India and overseas


February 26th, 2012 - 1:09 am ICT by IANS
Mumbai, Feb 25 (IANS) Vedanta Resources, which announced a major restructuring of its businesses Saturday, said it is looking to acquire coal assets in India and abroad, especially in Latin ... Read more...

Posted in World |

Tata Motors third quarter net profit up 40.47 percent


February 14th, 2012 - 7:10 pm ICT by IANS
Mumbai, Feb 14 (IANS) Tata Motors Tuesday reported a 40.47 percent rise in net profit for the third quarter of the current fiscal at Rs.3,405.55 crore for the quarter ended ... Read more...

Posted in Business |

Analjit Singh to be non-executive chairman of Vodafone India


February 10th, 2012 - 3:06 pm ICT by IANS
New Delhi, Feb 10 (IANS) The Vodafone Group Friday named Analjit Singh as the non-executive chairman of its India operations.Singh, a leading industry figure in India, is the founder and ... Read more...

Posted in Sci-Tech |

Man held for failing to repay loan to 1,000 lenders


February 6th, 2012 - 7:01 am ICT by IANS
Beijing, Feb 6 (IANS) The head of a Chinese firm that owns 36 schools and companies across the country has been detained after he failed to repay 2.2 billion yuan ... Read more...

Posted in Uncategorized |

Tamil Nadu to draft new IT policy: Jayalalithaa


December 21st, 2011 - 9:51 pm ICT by IANS
Chennai, Dec 21 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Wednesday said her government plans to come out with a new policy on information technology (IT) to catapult the state ... Read more...

Posted in Business |

China’s e-commerce giant hives off reward points service


December 20th, 2011 - 5:16 pm ICT by IANS
Beijing, Dec 20 (IANS) Alipay, China's leading third-party online payment platform and a subsidiary of the Alibaba Group, has spinned off its reward points service as a wholly-owned subsidiary to ... Read more...

Posted in Sci-Tech |

Foreign investment in Brazil quadrupled in five years


December 16th, 2011 - 11:42 am ICT by IANS
Rio de Janeiro, Dec 16 (IANS/EFE) Cumulative foreign direct investment in Brazil expanded fourfold between 2005 and last year, from $162.8 billion to $660.5 billion, the country's central bank said ... Read more...

Posted in Business |

We cannot meet power firms’ coal demands: Minister


December 1st, 2011 - 4:58 pm ICT by IANS
Ranchi, Dec 1 (IANS) Coal Minister Sriprakash Jaiswal Thursday said Coal India Limited (CIL) could not meet the requirements of the power companies."A large number of power plants are coming ... Read more...

Posted in Business |

CESC’s net profit dips 26 percent in Q2


November 9th, 2011 - 6:32 pm ICT by IANS
Kolkata, Nov 9 (IANS) Power utility CESC Limited, a RP-Sanjiv Goenka Group company, Wednesday reported a 26 percent dip in its net profit at Rs.144 crore in the second quarter ... Read more...

Posted in Business |

Foreign investment cap hike likely in single brand retail: Anand Sharma


October 31st, 2011 - 8:11 pm ICT by IANS
New Delhi, Oct 31 (IANS) The government is considering raising the foreign investment limit in single-brand retail, Commerce and Industry Minister Anand Sharma said Monday."Currently we have 51 percent FDI ... Read more...

Posted in Business |

Coal India steps up supplies to power sector


October 22nd, 2011 - 9:59 pm ICT by IANS
Kolkata, Oct 22 (IANS) State-run Coal India Limited (CIL) increased coal dispatches to power utilities across the country by 28 percent during the period Oct 11-20, the company claimed Saturday.The ... Read more...

Posted in Business |

Dengue, labour strike hit Mahanadi Coalfields output


September 1st, 2011 - 6:35 pm ICT by IANS
Bhubaneswar, Sep 1 (IANS) Mahanadi Coalfields Ltd (MCL), a unit of state-run Coal India, said Thursday its output fell by 1.3 million tonnes in August compared to a year ago, ... Read more...

Posted in Business |

ITC Infotech to set up shop in Technopark


August 26th, 2011 - 2:30 pm ICT by IANS
Thiruvananthapuram, Aug 26 (IANS) ITC Infotech, a fully-owned subsidiary of $7 billion ITC Limited, will be setting up shop at the plush Technopark campus near here, an official said."The decision ... Read more...

Posted in Sci-Tech |

Bill passed for greater control on SBI subsidiaries


August 11th, 2011 - 6:55 pm ICT by IANS
New Delhi, Aug 11 (IANS) A legislation that allows the government full control of subsidiary banks of the State Bank of India (SBI) from the Reserve Bank of India ... Read more...

Posted in Business |

Deloitte invites nominations for Tech Fast 50 awards


July 13th, 2011 - 9:10 pm ICT by IANS
New Delhi, July 13 (IANS) Deloitte, one of the leading audit and consultancy firms, Wednesday said it has started nomination for the 7th edition of its Tech Fast 50 awards ... 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 |

ICICI Bank quarterly net profit up 44 percent


April 28th, 2011 - 3:27 pm ICT by IANS
Mumbai, April 28 (IANS) The country's second largest lender ICICI Bank Thursday reported a 44 percent increase in net profit for the quarter ended March 31 at Rs.1,452 crore ($ ... Read more...

Posted in Business |

J&J recalls epilepsy drug


April 14th, 2011 - 11:02 pm ICT by Aishwarya Bhatt
New York, April 14 (THAINDIAN NEWS) Johnson & Johnson on Thursday announced that about 57,000 bottles of its epilepsy drug Topamax have been recalled following complaints of bad odor. There have been ... Read more...

Posted in Health |

Bank of Baroda to expand operations in New Zealand


April 3rd, 2011 - 12:50 pm ICT by IANS
Hamilton (New Zealand), April 3 (IANS) Bank of Baroda is all set to expand its banking operations in New Zealand, an official said.The bank's first branch was opened in Auckland ... Read more...

Posted in Business |

Tata Chemicals re-brands global subsidiaries


April 1st, 2011 - 7:58 pm ICT by IANS
Kolkata, April 1 (IANS) Tata Chemicals Limited (TCL), part of the $67.4 billion Tata Group, Friday announced a major re-branding initiative, embracing its subsidiaries in Britain, the US and Kenya ... Read more...

Posted in Business |

US slaps sanctions on 14 Libyan oil companies


March 23rd, 2011 - 11:53 am ICT by IANS
Washington, March 23 (IANS) The US has slapped sanctions against 14 companies owned by Libya's National Oil Corporation to cut off funding for the Muammar Gaddafi government.A US-led military coalition ... Read more...

Posted in Politics |

American Eagle Outfitters releases financial figures


February 9th, 2011 - 9:50 pm ICT by Aishwarya Bhatt
New York, Feb 9 (THAINDIAN NEWS) American Eagle Outfitters has released its financial figures for the last month.The company announced that its total sales for the period dropped by 9 percent when ... Read more...

Posted in Business |

China’s largest insurers guilty of three billion yuan fraud


February 2nd, 2011 - 3:02 pm ICT by ANI
Beijing, Feb 2(ANI): China's national auditor has revealed that two of the country's largest insurers committed financial misconduct involving over three billion yuan in 2009.The revelations were contained in two reports published ... Read more...

Posted in World |

CESC plans to raise Rs.1,200 crore in equity


December 7th, 2010 - 9:31 pm ICT by IANS
Kolkata, Dec 7 (IANS) Power utility CESC, an RPG Group company, Tuesday said it was planning to raise Rs.1,200 crore in equity to fund its proposed projects worth Rs.35,000 crore (about $7.8 ... Read more...

Posted in Business |

Jharkhand asks coal firms to cough up taxes


November 21st, 2010 - 4:35 pm ICT by IANS
Ranchi, Nov 21 (IANS) The Jharkhand government has asked three subsidiaries of state-run Coal India Limited (CIL) to pay taxes for unauthorised mining on state land, an official said Sunday.Jharkhand Land and ... Read more...

Posted in Business |

Guangzhou opens first driverless metro line ahead of Asian Games


November 9th, 2010 - 2:48 pm ICT by ANI
Guangzhou (China), Nov.9 (ANI): South China's Guangzhou City, which is the host city for the upcoming Asian Games, opened its first driverless metro line Monday.The four-kilometer-long line links Tianhe District to the ... Read more...

Posted in Sports |

« Previous Entries

Subscribe