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Thursday, June 09, 2011
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Cairn-Vedanta deal hits Cabinet roadblock
Additional 10 lakh bales of cotton export allowed
Will review the situation after getting the report of the sowing area: Pawar
Move to make FDI policy user-friendly
NEW DELHI: In view of the growing concerns over the projected economic growth target being achieved, Finance Minister Pranab Mukherjee on Wednesday stressed upon the need to put in sustained efforts to achieve indirect tax collections target ...
SBI rights issue likely in December
BANGALORE: State Bank of India Chairman Pratip Chaudhuri said on Wednesday that the bank was in consultation with the Union Government for its Rs.20,000-crore rights issue, which is likely to happen by December. Speaking to media persons ...
Infosys buys Gen-i software business
BANGALORE: Infosys Technologies announced on Wednesday that it has acquired the software solutions business of Gen-i, a member of the Telecom New Zealand Group. The company, without spelling out the value of the deal, said the acquisition by ...
SEBI launches complaints redress system
MUMBAI: The Securities and Exchange Board of India (SEBI) launched a centralised web-based complaints redress system (SCORES) on Wednesday. “This would enable investors to lodge and follow up their complaints and track the status ...
Airbus signs partnership agreements with Indian cos
NEW DELHI: Major aircraft manufacturer Airbus has signed long-term partnership agreements with Indian firms to make crucial aircraft parts like wings and fuselage. Strategic agreements Indian Tier-1 suppliers QuEST Global Engineering and ...
Bajaj, Kawasaki launch Ninja 650R bike
The motorcycle is priced at Rs.4.57 lakh (ex-showroom Delhi)
Banking sector outlook stable: S&P
MUMBAI: The outlook for Indian banks is stable for the fiscal year ending March 31, 2012, said Standard & Poor's Ratings Services on Wednesday. The sector's growth is likely to be high in the next 2-3 years. But high inflation, increased ...
Keys Hotel, Katti-Ma formally launched
CHENNAI: The Chennai-based Katti-Ma group of companies and Keys Hotel, the mid-market brand of Berggruen Hotels, formally launched Keys Hotel, Katti-Ma, in Thiruvanmiyur, Chennai. Addressing presspersons here on Wednesday, G. ...
Tata Motors, NEDO open eco-friendly plant
Uptrend halted on BSE
Sensex drops 101 points on selling in RIL, ONGC
Surya Roshni sets up innovation centre
NEW DELHI: Surya Roshni, a leader in the lighting industry, has set up a state-of-the-art lighting laboratory and research centre, Surya Technology and Innovation Centre (STIC). J. P Agarwal, CMD, said, “STIC is equipped with the most ...
Kavveri Telecom posts higher sales, profit
BANGALORE: Kavveri Telecom has reported a 29 per cent rise in its consolidated net sales at Rs.314.63 crore in the 12 months ended March 31, 2011, against Rs.243.43 crore in the previous year. The profit after tax has improved by 49 per cent ...
S-Mart partners Micro Technologies
CHENNAI: S-Mart, a home appliances dealer, has entered into a partnership with Micro Technologies (India) Ltd., a Mumbai-based IT-based security company. S-Mart will promote Micro Technologies's security solutions as business partner in Tamil ...
RInfra starts operations on road project
MUMBAI: Reliance Infrastructure (RInfra) commenced operations on its fourth road project connecting Bangalore and Chennai, part of Golden Quadrilateral. The toll collections and widening operations from 4 to 6 lanes, started from June 8. The ...
ARSS Infra bags Madhya Pradesh orders
BHUBANESWAR: ARSS Infrastructure Projects has bagged two new work orders. The first order is for re-construction and widening of Manawar-Mangod (Bandheri) Road and Sardarpur-Rajgarh-Bagh Road for Rs.117.70 crore from the Madhya Pradesh Road ...
Suryalata Spinning pays Rs.3 dividend
HYDERABAD: Suryalata Spinning Mills has reported a total income of Rs.248.22 crore in the year ended March 31, 2011, against Rs.169.96 crore in the previous year. The net profit zoomed to Rs.19.79 crore from Rs.5.72 crore. The board has ...
Prithvi bags Mizoram's SDC project
HYDERABAD: Prithvi Information Solutions has bagged the Mizoram State Data Centre project. The project is primarily for the design, site preparation, supply, installation, commissioning, maintenance and operations of the centre at Aizawl, ...
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