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Chidambaram pitches for larger U.S. FDI inflows
Scope for persuading Parliament to raise insurance FDI cap

Poor infrastructure a major hurdle: U.S. CEOs
Six priority initiatives for cooperation identified

10 CBM blocks showcased
Exploration work so far exceeded expectations

Growth opportunity ahead for tooling industry
Shortening product-cycles call for new designs

Market snaps four-day rally
MUMBAI: The Bombay Stock Exchange snapped a four-day strong rally and the Sensex dropped 95 points from the day's high to close at 10,595.43, as a consolidation after heavy profit selling by operators and retailers countered fresh purchases from ...

Other Stories



Barometer


Briefly
Extension for FDI compliance in telecom
NEW DELHI: Telecom service providers have been given four more months, starting Saturday, for adhering to the 74 per cent FDI guidelines. The Department of Industrial Policy and Promotion on Friday issued a fresh notification in this regard and ...

TDSAT asks BSNL to repay Rs. 5 cr. to Idea
NEW DELHI: The Telecom Disputes Settlement and Appellate Tribunal on Friday asked BSNL to refund Rs. 5 crore to private operator Idea Cellular Ltd. The decade-old case pertains to Idea Cellular, then known as Tata Communications, which sought ...

Groups to study recommendations
NEW DELHI: The India-U.S. CEOs Forum recommendations for enhancing ties in 24 areas would be studied by "separate task groups'' to be set up shortly, the Planning Commission Deputy Chairman and Indo-U.S. Business Council co-Chairman, Montek Singh ...

AES Corp. to invest $1.2 b in power plant
MUMBAI: Close on the heels of a major power accord between India and the U.S., American power company AES Corporation on Friday announced an investment of $1.2 billion for setting up a coal-fired 1,000 MW plant in Chhattisgarh. ...

GE-Advanced Materials launches ADC
BANGALORE: GE-Advanced Materials on Friday launched an Application Development Centre (ADC) in Bangalore. Wayne Hewett, President and CEO of GE-Advanced Materials, inaugurated the centre, which will be located inside the John F. Welch Technology ...

Generali Insurance to partner NIIT Technologies
CHENNAI: NIIT Technologies has been engaged by the European insurance and financial services major, Generali group's subsidiary in Netherlands to revamp its IT systems. Through this arrangement, NIIT Technologies will make Generali insurance ...

Macmet India unveils Satelit-3
CHENNAI: Macmet India, in association with Duval Messien of France has unveiled Satelit-3, an advanced lightning protection system. The state-of-the-art system was designed and developed by Duval Messien for defence establishments of major ...

USFDA nod for Wockhardt's Ranitidine OTC version
MUMBAI: Wockhardt has received the U.S. Food and Drug Administration (USFDA) approval for marketing Ranitidine 75 mg tablets as an over-the-counter (OTC) product in the U.S. market. Wockhardt's U.S. subsidiary, Wockhardt USA Inc., is expected to ...

Reliance Power Fund invests in Su-Kam
NEW DELHI: Su-Kam Power Systems, a player in the power back-up industry, has raised Rs. 45 crore from Reliance India Power Fund. The funds will be used for expansion into the global market, according to a release from Su-Kam. It currently markets ...

New CEO of Ascendas India
BANGALORE: Ascendas Group has appointed Jonathan Yap as Chief Executive Officer of Ascendas India. He assumes responsibilities including the development and management of IT Parks, the Ascendas India IT Park Trust, as well as the group's ...




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