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Friday, August 13, 2010
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M&M emerges preferred bidder for Ssangyong Motor
Bid amount will retire most of Korean company's debt
SBI net profit up 25 %
MUMBAI: State Bank of India (SBI) on Thursday reported 25.05 per cent growth in the net profit at Rs.2,914.20 crore in the first quarter ended June 30, 2010, against Rs.2,330.37 crore in the same quarter in the previous fiscal. The ...
Ranbaxy posts 48% drop in profit
Arun Sawhney will replace Atul Sobti as Managing Director
Volkswagen launches premium sedan Vento
NEW DELHI: German carmaker Volkswagen on Thursday launched its much-awaited entry-level premium sedan Vento in petrol and diesel variants and priced between Rs. 6.99 lakh and Rs. 9.23 lakh. The car will go on sale from September 6. The ...
Tata Steel stages smart turnaround on good demand
Kohler to succeed Adams as MD & CEO of Tata Steel Europe
Industrial growth slips to 7.1 % in June
NEW DELHI: For the first time in nine months, industrial growth slipped to single digit at 7.1 per cent in June this year — a 13-month low — following a drop in factory output. Also responsible for the deceleration were the other ...
Vedanta in talks to buy stake in Cairn India
LONDON: India-focussed Vedanta Resources is in talks to buy a stake in Cairn India that would be the diversified miner's first move into oil and gas. Vedanta and British oil and gas company Cairn Energy, which has a 62.37 per cent ...
Parliament passes SBI (Amendment) Bill
NEW DELHI: The Rajya Sabha on Thursday passed the State Bank of India (Amendment) Bill providing for reduction of government equity to 51 per cent from a minimum of 55 per cent. The Lok Sabha had already passed the Bill. With the passing ...
Wipro launches FluidState data centres
BANGALORE: Wipro Infotech, a leading provider of IT and business transformation services, has announced the launch of FluidState data centres targeted at small, medium and enterprise businesses. t is available in four models, Nano, Standard, ...
FedEx introduces flight from Bangalore
CHENNAI: FedEx on Thursday launched a new flight from Bangalore establishing direct connections to Europe and the Middle East and the U.S. With this, Bangalore becomes the third Indian gateway for FedEx joining Delhi and Mumbai and enhancing ...
Cegedim partners TAKE Solutions
CHENNAI: Cegedim Dendrite, a leading life sciences-specific customer relationship management (CRM) provider and part of the France-based Cegedim S.A. Group, has announced its partnership in India with TAKE Solutions to expand its open business ...
Vodafone offer to prepaid customers
CHENNAI: Vodafone Essar , a telecom service provider, announced on Thursday “Vodafone Avasara Credit” offer for its prepaid customers in Tamil Nadu. Through this service, customers can avail unhampered communication during ...
IVRCL Infrastructures net profit dips
HYDERABAD: IVRCL Infrastructures and Projects has reported a decline in profit which stood at Rs. 28 crore in the quarter ended June 30, 2010, against Rs. 35 crore in the same period of the previous year. The turnover was Rs. 1,107 crore ...
Electrica to focus on ‘green energy'
CHENNAI: The Madras Electric Trades Association (META) is holding its sixth mega exhibition “Electrica 2010” from August 13 to 15 in Chennai. The theme of the exhibition will be “Go green, save energy and save earth”. ...
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