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Saturday, July 18, 2009
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TCS weathers difficult times
Posts 19 per cent growth year-on-year in first quarter
FII buying spree pushes up Sensex
The benchmark index forges ahead by 495 points
ADAG to set up cement units
MUMBAI: In one of the largest investments in Maharashtra, Anil Dhirubhai Ambani Group (ADAG) company Reliance Cementation on Friday announced setting up of two cement units in Maharashtra with a total investment of Rs. 2,250 crore. ...
Anand Sharma to head Board of Trade
NEW DELHI: The UPA Government has named Commerce and Industry Minister Anand Sharma as Chairman of the Board of Trade, a post last held by leading industrialist Kumar Mangalam Birla. The Board is the Government’s highest advisory body on ...
SAIL to garner Rs. 5,000 cr to fund expansion
Textile research gets more funding
Focus on processing, quality of fabrics
16 FDI proposals worth Rs. 892 crore approved
NEW DELHI: The Central Government on Friday approved 16 foreign direct investment (FDI) proposals worth Rs. 891.71 crore out of which Teesta Urja’s project for setting up a 1,200 MW hydel power plant in Sikkim is estimated to bring in ...
First greenfield merchant airport by 2011-12
Godrej Hershey’s new plans
CHENNAI: Godrej Hershey, a leading confectionery and food company and part of the Godrej Group, is planning to upgrade the confectionary market by introducing premium and value-added products in the coming years to give consumers a better ...
HCL Axon pact with UCS group
NOIDA: HCL Axon, a division of HCL Technologies, has taken over UCS group’s enterprise solutions SAP practice, a division of UCS Solutions belonging to the UCS group of South Africa. The carve-out transaction entails an all-cash ...
Sasken net profit rises
BANGALORE: Sasken Communication Technologies reported revenues at Rs. 139.50 crore for the quarter ended June 30, 2009, down 17 per cent sequentially, but up 17 per cent year-on-year. The profit after tax was Rs. 20.20 crore, up 47 per cent ...
Sterlite raises $1.5 b through ADS
CHENNAI: Sterlite Industries (India) has priced a public offer of 123,456,790 equity shares in the form of American Depositary Shares (ADS) at a price of $12.15 per ADS, valued at $1.50 billion. According to a release, Vedanta Resources of the ...
Hiring activity in Chennai up in June
CHENNAI: The hiring activity in Chennai went up by 19 per cent in June as compared to May, according to the monthly job index released by Naukri.com. The index moved up from 567 in May to 674 in June. Hiring for IT professionals saw an ...
Future Generali ’s enhanced insurance cover
CHENNAI: Future Generali India Insurance has launched enhanced protection cover for high-end vehicles by launching three different plans, silver, gold and platinum. Under the silver plan, the add-on-cover is applicable for vehicles up to the ...
SBI Caps new MD assumes charge
CHENNAI: S. Vishvanathan has assumed charge as Managing Director and CEO of SBI Capital Markets, the investment banking subsidiary of State Bank of India. Prior to this, he was the Chief General Manager of SBI’s North Eastern operations, ...
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