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Friday, December 31, 2010
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Pranab hints at more steps to check rising food prices, inflation
Cabinet Committee on Prices also expresses concern
Centre approves Rs.1,200 cr equity infusion in AI
Asks the public sector carrier to work towards rationalisation of its wage structure
Core sector growth drops to 2.3 %
NEW DELHI: The year-end did not bring great news for India Inc as figures indicated that growth in key infrastructure sectors dropped to a 21-month low of 2.3 per cent in November, over the same month last year. The new figures are seen ...
High inflation emerges as new risk factor
C Mahendra to set up diamond processing unit
Fixes a price band of Rs.95-110 for its IPO
Chola MS launches new pan-India identity
HYDERABAD: S. S. Gopalarathnam, Managing Director, Chola MS General Insurance, formerly known as Cholamandalam MS, on Thursday said the company wanted to expand its presence in the rural health insurance segment by leveraging the reach of the ...
ONGC disinvestment advanced to March 2011
Govt allows fresh cotton exports of 2.5 m bales from Jan 11
NEW DELHI: The Union Government on Thursday announced allowing of fresh cotton exports of 2.5 million bales from January 11 even as the registration process begins from Friday. The Directorate General of Foreign Trade (DGFT) in the ...
Akshaya Homes launches new project
CHENNAI: Akshaya Homes has launched a new residential project, January, on the OMR corridor. Spread over 5.28 acre, it will have 688 contemporarily designed houses. In a release issued here on Thursday, T. Chitty Babu, Chairman and CEO, said ...
Hyundai production crosses six-lakh mark
NEW DELHI: Hyundai Motor India production has reached six lakh units in calendar year 2010. According to a release, in August, the company achieved a production of 30 lakh cars in less than 12 years. It exported 10 lakh cars in just over a ...
Baring invests $30m in Cathar Vessels
NEW DELHI: Baring Private Equity Partners India has announced an investment of $30 million in Cathar Vessels (CVL). CVL is currently executing power plants of unit sizes upto 350 MW and is in the process of getting orders for super critical ...
R.P.P. Infra to set up solar power unit
CHENNAI: R.P.P. Infra Projects plans to enter into solar power project. The company plans to set up 5 MW plant to generate electricity from non-conventional sources as solar power with a total investment of Rs. 80 crore. The company proposes ...
L&T bags contracts worth Rs.1,164 crore
MUMBAI: Infrastructure major Larsen and Toubro (L&T) on Thursday said it has bagged orders worth Rs.1,164 crore for its metallurgical and water operating division, which includes an order of Rs.523 crore from Tata Steel. Besides this, ...
Reliance BIG TV in alliance with Vivek
CHENNAI: Reliance BIG TV has entered into a corporate alliance with Vivek, a consumer durable chain in Tamil Nadu. According to a release, the alliance brings an opportunity for Vivek's and Jainson's shoppers across Tamil Nadu to avail ...
Kotak Mahindra MF launches new fund
MUMBAI: Kotak Mahindra Asset Management Company on Thursday launched Kotak Multi Asset Allocation Fund, an open-ended debt scheme. The scheme aims to invest at least 75-90 per cent in debt and money market instruments, 5-20 per cent in equity ...
United India's financial inclusion initiative
CHENNAI: United India Insurance has mobilised a direct premium of Rs. 5,239.05 crore in 2009-10, a growth of 24 per cent. According to a release, the company mobilised Rs. 762.09 crore and covered 1.12 crore lives in rural and social sector ...
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