National Aluminium Company Limited (Nalco), India's second-biggest producer of aluminium, Tuesday said it has contributed Rs.40 million to the Prime Minister's National Relief Fund for the sake of flood victims of Bihar.
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Tuesday, September 2
Nalco donates Rs.40 mn for Bihar flood victims
by
Bhavesh
on Tue 02 Sep 2008 06:09 PM IST
Market regulator plans trading in interest rate futures
by
Bhavesh
on Tue 02 Sep 2008 06:08 PM IST
Market regulator Securities and Exchange Board of India (Sebi) is planning to launch trading in interest rates futures to enable investors to absorb shocks arising out of fluctuations in interest rates, its chairman C.
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Hyundai Motor workers protest after fire in plant
by
Bhavesh
on Tue 02 Sep 2008 05:59 PM IST
A group of workers of car manufacturer Hyundai Motor India Limited held demonstrations here Tuesday, protesting working condition at the plant which caught fire Sunday.
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Markets end with hefty gains as crude gets cheaper
by
Bhavesh
on Tue 02 Sep 2008 05:53 PM IST
Indian equity markets closed with a hefty gain piggy-backing the fall in crude oil prices to $107 per barrel. Rate sensitive sectors such as banking, realty and auto stocks were in demand.
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Parsavnath launches group housing project in Moradabad
by
Bhavesh
on Tue 02 Sep 2008 05:49 PM IST
Realty major Parsavnath Developers Ltd Tuesday launched its group housing project in Moradabad as part of its strategy to spread into smaller cities, the company announced here.
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Suzuki plans shifting research, development to India
by
Bhavesh
on Tue 02 Sep 2008 05:45 PM IST
The country's largest car maker, Maruti Suzuki India, Tuesday said its Japanese parent Suzuki Motor Corp Suzuki wants to shift the bulk of its research and development work on cars with engine capacity of 1200cc or lower.
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Tata Motors rights issue later this month
by
Bhavesh
on Tue 02 Sep 2008 05:44 PM IST
Tata Motors Tuesday said its proposed rights issue to raise Rs.42 billion will open this month-end.
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Great offshore buys marine services firms
by
Bhavesh
on Tue 02 Sep 2008 05:40 PM IST
Integrated offshore oilfield services provider Great Offshore Ltd Tuesday announced it has acquired in two marine services companies in Andhra Pradesh for Rs.1.6 billion, it said Tuesday.
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Ambuja Cements sales up by nearly 8 percent
by
Bhavesh
on Tue 02 Sep 2008 05:28 PM IST
Ambuja Cements Ltd Tuesday said its sales grew 7.7 percent in August to 1.24 million tonnes, as compared to 1.15 million tonnes in the corresponding month last year.
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Markets trading with profit at afternoon trade
by
Bhavesh
on Tue 02 Sep 2008 05:21 PM IST
Indian equities markets were trading at a profit in the afternoon trade. Banking, pubic sector company and realty stocks were in demand.
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No work at Nano plant, highway closed once again
by
Bhavesh
on Tue 02 Sep 2008 05:18 PM IST
Work at the Tata Motors Nano factory at Singur in West Bengal's Hoogly district remained suspended for the fourth consecutive working day Tuesday.
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Chennai firm to service Alcatel-Lucent's European clients
by
Bhavesh
on Tue 02 Sep 2008 05:15 PM IST
The city-based offshore technology operations management company Cybernet SlashSupport (CSS) has bagged a multi-million dollar support services contract from global communications solutions provider Alcatel-Lucent.
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Indian pharma firm gets US approval for two drugs
by
Bhavesh
on Tue 02 Sep 2008 05:07 PM IST
The Bangalore-based pharmaceutical firm Strides Arcolab Tuesday said two more of its drugs have been approved by the US Food and Drug Administration.
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Carriers look to cargo services to increase revenues
by
Bhavesh
on Tue 02 Sep 2008 05:07 PM IST
To counter heavy losses, cash-strapped Indian carriers are now looking at increasing cargo operations to augment revenues.
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Markets trading in green at early trade
by
Bhavesh
on Tue 02 Sep 2008 05:01 PM IST
Indian equity markets were trading in green at early trade Tuesday with banking, oil and gas and power stocks in demand.
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No work at Nano factory in Singur Tuesday: Tata Motors
by
Bhavesh
on Tue 02 Sep 2008 04:58 PM IST
Work at the Tata Motors Nano factory in West Bengal's Singur area would remain suspended for another day Tuesday with the company asking employees to stay away, the fourth consecutive day that the plant has been shut.
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Tata move unfortunate for West Bengal: business community
by
Bhavesh
on Tue 02 Sep 2008 03:48 PM IST
Industrialists and leading business bodies in West Bengal Tuesday termed as unfortunate Tata Motors' decision to look at site options to manufacture the world's cheapest car Nano, indicating a pull-out from Singur.
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Tata signals Singur exit
by
Bhavesh
on Tue 02 Sep 2008 03:13 PM IST
Auto major Tata Motors Tuesday said it was ready to pull out from Singur in West Bengal, where its plant to produce the world's cheapest car Nano has remained closed since Friday following protests by farmers and opposition part.
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'Foreign investors will soon start trading in currency futures'
by
Bhavesh
on Tue 02 Sep 2008 03:11 PM IST
Foreign institutional investors (FIIs) will soon be permitted to trade in currency futures, Securities and Exchange Board of India (SEBI) whole-time member T.C. Nair said here Tuesday.
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Pilot project next week on refunds during maiden issues
by
Bhavesh
on Tue 02 Sep 2008 03:11 PM IST
Market regulator Securities and Exchange Board of India (SEBI) will start a pilot project next week to ensure easier money transaction and refund for investors who have not been allocated shares during initial public offers.
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Tatas to set up fisheries institute near Chennai
by
Bhavesh
on Tue 02 Sep 2008 03:08 PM IST
The Tata Group Tuesday tied up with the Tamil Nadu government to set up a fisheries institute near Chennai.
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Kingfisher maiden flight to London 'sold out'
by
Bhavesh
on Tue 02 Sep 2008 03:07 PM IST
India's leading private carrier Kingfisher Airlines is making its international debut Wednesday by flying non-stop from this IT hub to London with a full load of passengers, its CEO Vijay Mallya said here Tuesday evening.
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An unfortunate day for West Bengal: Nirupam Sen
by
Bhavesh
on Tue 02 Sep 2008 03:06 PM IST
As Tata Motors signalled it was ready to pull out of Singur, where its factory to produce the world's cheapest car Nano has faced protests, West Bengal Industry Minister Nirupam Sen Tuesday.
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Court seeks Reliance demerger pact to settle gas dispute
by
Bhavesh
on Tue 02 Sep 2008 03:05 PM IST
The Bombay High Court Tuesday asked for the agreement of demerger of the Reliance group between the Ambani brothers - Anil and Mukesh - for settlement of a dispute over the production of gas from a hydrocarbon asset
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Tata Motors preparing plan for Nano relocation
by
Bhavesh
on Tue 02 Sep 2008 02:59 PM IST
Global auto major Tata Motors is evaluating alternate options for manufacturing its small car Nano at other company facilities, the company said Tuesday.
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Tata Motors says it is ready to pull out of West Bengal
by
Bhavesh
on Tue 02 Sep 2008 02:55 PM IST
Auto major Tata Motors Tuesday said it was ready to withdraw its small car Nano project from West Bengal, and added it was 'evaluating alternate options'.
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Steel plant to come up in Chhattisgarh
by
Bhavesh
on Tue 02 Sep 2008 02:51 PM IST
National Mineral Development Corporation (NMDC), which is India's largest iron ore producer and exporter in the public sector, will set up a steel plant in Chhattisgarh at a cost of Rs.120 billion, a company official said Tuesday.
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Bata set up two world-class factories in Bihar
by
Bhavesh
on Tue 02 Sep 2008 02:45 PM IST
Thomas Bata, the patriarch of the global shoe company who died in Toronto Monday, was passionate about India and even held the global board meeting of his group at Batanagar in West Bengal earlier this year and set up two world.
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Wipro partners with Harman for embedded product development
by
Bhavesh
on Tue 02 Sep 2008 02:41 PM IST
IT bellwether Wipro Technologies Tuesday announced partnership with the US-based Harman International Industries for co-development of embedded audio and infotainment products for automotive, consumer and professional markets.
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