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Reliance Power refutes auditor on excess coal benefit (Lead)


August 17th, 2012 - 7:49 pm ICT by IANS
New Delhi, Aug 17 (IANS) The permission to Reliance Power to use excess coal from three blocks allocated to Sasan Ultra Mega Power Project resulted in an undue benefit, says ... Read more...

Posted in Business |

Hooda washes his hands of Kanda


August 10th, 2012 - 7:18 pm ICT by IANS
Chandigarh, Aug 10 (IANS) Stating that he was a "law abiding citizen", Haryana Chief Minister Bhupinder Singh Hooda Friday said Gopal Goyal Kanda was not part of his government any ... Read more...

Posted in Politics |

Emami to make Rs.1.25 billion capital expenditure


August 8th, 2012 - 11:13 pm ICT by IANS
Kolkata, Aug 8 (IANS) Personal and healthcare products major Emami Ltd. would invest up to Rs.1.25 billion in projects in the country and abroad in the current financial year, a ... Read more...

Posted in Business |

Brazilian restaurant to open branches in Mexico, Colombia


July 31st, 2012 - 12:39 pm ICT by IANS
Rio de Janeiro, July 31 (IANS/EFE) Rubaiyat, which operates three steakhouses in Brazil and one in Spain, plans to open restaurants next year in Mexico City and Bogota after selling ... Read more...

Posted in Business |

No arrest yet in Woodland manager’s killing


July 23rd, 2012 - 12:11 am ICT by IANS
Ghaziabad, July 22 (IANS) The Ghaziabad police Sunday denied making any arrest in the murder of a shoe and apparel company's top executive, who was shot dead Friday morning in ... Read more...

Posted in Uncategorized |

No breakthrough in Woodland manager’s murder case


July 21st, 2012 - 7:32 pm ICT by IANS
Ghaziabad, July 21 (IANS) The Ghaziabad police Saturday said they are yet to make a breakthrough in the sensational murder of a shoe and apparel company's top executive, who was ... Read more...

Posted in Uncategorized |

Jaguar-Land Rover eyes booming China market


July 6th, 2012 - 5:31 pm ICT by IANS
Shangai, July 6 (IANS) With booming sales, China will soon overtake North America to become the second largest market for luxury carmaker Tata-owned Jaguar-Land Rover (JLR) after Britain, the company's ... Read more...

Posted in Business |

HP eyes 21.5 percent market share in consumer notebook segment


June 20th, 2012 - 6:36 pm ICT by IANS
Kolkata, June 20 (IANS) Buoyed by the launch of new ultrabook models, technology giant Hewlett-Packard (HP) is eyeing 21.5 percent market share in the consumer notebook segment in India by ... Read more...

Posted in Business |

Keventer plans to set up food park in Bengal


May 26th, 2012 - 11:08 pm ICT by IANS
Kolkata, May 26 (IANS) Kolkata-based Keventer Group is planning to set up a food park in West Bengal, investing about Rs.7 billion, a top executive of the company said Saturday."We ... Read more...

Posted in Business |

Volvo Eicher eyes 15 percent share of heavy commercial vehicles market


May 11th, 2012 - 12:07 am ICT by IANS
Kolkata, May 10 (IANS) Volvo Eicher Commercial Vehicles (VECV), a joint venture between Swedish auto major Volvo and India's Eicher Motors, is eyeing 15 percent share in the heavy commercial ... Read more...

Posted in Business |

Maruti likely to get land in Gujarat’s Mehsana in June


April 13th, 2012 - 10:25 pm ICT by IANS
Kolkata, April 13 (IANS) Maruti Suzuki, India's largest car maker, is likely to sign a formal agreement with the Gujarat government for procurement of land for its greenfield manufacturing facility ... Read more...

Posted in Uncategorized |

Infosys denies misusing US visas (Lead)


April 13th, 2012 - 8:08 pm ICT by IANS
Bangalore/Washington, April 13 (IANS) India's second largest IT bellwether Infosys Ltd Friday denied misusing B-1 or H1-B visas to send its employees to the US for onsite work."We do not ... Read more...

Posted in Business |

Darjeeling tea e-auction expected soon


February 8th, 2012 - 9:24 pm ICT by IANS
Kolkata, Feb 8 (IANS) The auction centre here is expected to commence electronic auction of Darjeeling tea, known the world over for its aroma and taste, from the next financial ... Read more...

Posted in Business |

Reliance Life Insurance to have accounting profit this fiscal


February 7th, 2012 - 9:42 pm ICT by IANS
Kolkata, Feb 7 (IANS) Reliance Life Insurance, a part of Reliance Capital, is expected to register its first year of accounting profit this financial year, a top executive of the ... Read more...

Posted in Business |

Emirates wants to add more seats, destinations to India


January 15th, 2012 - 4:04 pm ICT by IANS
Dublin, Jan 15 (IANS) Already a big player in India, flying to 10 cities, the UAE's flag carrier Emirates hopes the next bilateral pact between the two sides will ... Read more...

Posted in Uncategorized |

Ireland courts Bollywood with money-back guarantee


January 15th, 2012 - 3:46 pm ICT by IANS
Dublin (Ireland), Jan 15 (IANS) As it seeks to lure more tourists from India, Ireland is betting big on the $15 billion Indian media and entertainment industry to shoot ... Read more...

Posted in Entertainment |

SEBI planning more grievance and arbitration centres


December 17th, 2011 - 5:46 pm ICT by IANS
Kolkata, Dec 17 (IANS) Market regulator Securities and Exchange Board of India (SEBI) is planning to set up more investor grievance and arbitration centres to address investors' woes, a top ... Read more...

Posted in Uncategorized |

J. Thomas expects to auction over 200 mn kg tea this year


December 16th, 2011 - 9:38 pm ICT by IANS
Kolkata, Dec 16 (IANS) J. Thomas & Company, the world's oldest tea auctioneer, expects to auction over 200 million kg of tea in this financial year, a top executive of ... Read more...

Posted in Business |

Infosys shifts focus on developing economies


December 9th, 2011 - 3:53 pm ICT by IANS
Kolkata, Dec 9 (IANS) IT giant Infosys is shifting its priorities to increase its revenues from the domestic market, as also other developing economies like China, Malaysia and South Africa ... Read more...

Posted in Business |

Mahindra First Choice eyeing 55 percent more sales in east India


November 10th, 2011 - 7:15 pm ICT by IANS
Kolkata, Nov 10 (IANS) Mahindra First Choice Wheels Ltd, one of India's largest multi-brand pre-owned car companies, is aiming at 50 to 55 percent growth in sales in terms of ... Read more...

Posted in Business |

GE chief doesn’t foresee another global recession


September 26th, 2011 - 11:19 pm ICT by IANS
Bangalore, Sep 26 (IANS) General Electric (GE) chief executive Jeffrey R. Immelt Monday sounded optimistic about the world economy weathering the present crisis and averting another global recession."At a ... Read more...

Posted in Business |

Mercedes Benz registers 40 percent sales growth


September 2nd, 2011 - 7:06 pm ICT by IANS
Kolkata, Sep 2 (IANS) Automobile major Mercedes Benz has posted 40 per cent sales growth during the first eight months of this year in India, a top executive of the ... Read more...

Posted in Uncategorized |

US wallows in debt but its firms hoard $2 trillion in cash


August 8th, 2011 - 11:29 am ICT by IANS
Washington, Aug 8 (IANS) Corporate America led by Citibank, headed by Indian American chief executive Vikram Pandit, is sitting on a colossal $2 trillion in cash. Of this, $1.4 ... Read more...

Posted in World |

S&P; warns US of further downgrade


August 8th, 2011 - 9:51 am ICT by IANS
Washington, Aug 8 (IANS) Two days after its historic downgrade of America's top notch AAA credit rating, a top executive of Standard & Poor's warned that continued political gridlock in ... Read more...

Posted in Business |

Usha Martin’s Q1 net profit dips 38.7 percent


July 29th, 2011 - 11:32 pm ICT by IANS
Kolkata, July 29 (IANS) On the back of a fire incident at its Jamshedpur steel plant, Usha Martin's consolidated net profit went down by 38.7 percent in the first quarter ... Read more...

Posted in Business |

TWL looking for land for shipping unit


July 28th, 2011 - 1:55 am ICT by IANS
Kolkata, July 28 (IANS) Kolkata-based Titagarh Wagons Limited (TWL), a heavy engineering and infrastructure company, is looking for around 400 acres of land near Kulpi in West Bengal's South 24 ... Read more...

Posted in Business |

Pranab to interact with SBI board on finances


July 14th, 2011 - 6:51 pm ICT by IANS
Kolkata, July 14 (IANS) Union Finance Minister Pranab Mukherjee will interact with the State Bank of India (SBI) board Aug 6 to understand what kind of financial support the ... Read more...

Posted in Uncategorized |

Toyota to expand capacity of plant


July 6th, 2011 - 5:29 pm ICT by IANS
Kolkata, July 6 (IANS) Toyota Kirloskar Motor Private Limited will expand the capacity of its second plant on the outskirts of Bangalore, investing a total of Rs.275 crore, a top ... Read more...

Posted in Business |

ADB concerned about food price hike, inflation


June 30th, 2011 - 10:46 pm ICT by IANS
Kolkata, June 30 (IANS) The Asian Development Bank (ADB) is concerned about food price hike and inflation not only in India but in the whole of Asia, a top executive ... Read more...

Posted in Business |

BSE SME Exchange to come up with new index


June 30th, 2011 - 12:55 am ICT by IANS
Kolkata, June 29 (IANS) The Bombay Stock Exchange (BSE) Small and Medium Enterprise (SME) Platform will come up with a new index for SME segment, a top executive of the ... Read more...

Posted in Business |

Bata to focus on tier II, III cities, rural markets


June 28th, 2011 - 10:27 pm ICT by IANS
Kolkata, June 28 (IANS) Bata India, the leading manufacturers of footwear in India, will focus on tier II, tier III cities and rural markets for its future growth, a top ... Read more...

Posted in Business |

Birla Corp plans Rs.1,025 crore capacity expansion investment


June 27th, 2011 - 9:06 pm ICT by IANS
Kolkata, June 27 (IANS) The M.P. Birla Group flagship Birla Corporation is planning to invest around Rs.1,025 crore over the next one and a half years for expanding cement and ... Read more...

Posted in Business |

Fortis plans Rs.600 crore investment in West Bengal


June 18th, 2011 - 11:36 pm ICT by IANS
Kolkata, Jun 18 (IANS) Hospital chain Fortis Healthcare has plans to invest Rs.600 crore soon in West Bengal, a top executive of the company said Saturday."We have already invested ... Read more...

Posted in Business |

Haldia Petrochemicals on road to recovery: Official


June 15th, 2011 - 11:40 pm ICT by IANS
Kolkata, Jun 15 (IANS) Haldia Petrochemicals Ltd (HPL), a joint-venture of the West Bengal government and the Chatterjee Group, will be on the road to recovery once issues of ownership, ... Read more...

Posted in Business |

Renault to launch four new models in India by 2012


June 2nd, 2011 - 11:37 pm ICT by IANS
Kolkata, June 2 (IANS) French auto major Renault will launch one model later this year and three more models next year in India, a top executive of the company said ... Read more...

Posted in Business |

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