Business News

Last updated: Thursday, August 21, 2014 4:58:09 PM

ReGen Powertech to launch over 2 MW wind turbine
Chennai, Aug 20 (IANS) City-based wind turbine maker ReGen Powertech plans to come out with turbines with a capacity of 2 MW and higher in early 2016, an official said Wednesday.

Wednesday, August 20, 2014 11:32:18 AM

Indian founded firm buys out Ghanaian company
Bangalore, Aug 20 (IANS) US-based leader in mobile applications Kirusa, founded by an Indian, has acquired instant messaging provider Saya in Ghana for an unspecified amount to expand its footprint across the African continent.

Wednesday, August 20, 2014 11:06:20 AM

Company board decisions to be shared within 15 minutes: SEBI
Chennai, Aug 19 (IANS) Market regulator SEBI Tuesday proposed that listed companies should intimate the stock exchanges, within 15 minutes of closure of board meetings, on decisions taken on dividends, financial results, cash bonus, share buy back, fund raising, issue of bonus shares and others.

Tuesday, August 19, 2014 10:52:15 PM

Arvind to e-retail custom clothing brands (Lead, changing dateline)
Bangalore, Aug 19 (IANS) Textile company Arvind Tuesday forayed into e-commerce space with its clothing brand Creyate and is targeting revenue of over Rs.1,000 crore in three years, a company official said.

Tuesday, August 19, 2014 10:10:05 PM

Taiwan-based AOU keen to set up operations in Andhra
Hyderabad, Aug 19 (IANS) AU Optronics (AOU), a Taiwan-based electronics manufacturer, has evinced keen interest in setting up their operations in Andhra Pradesh.

Tuesday, August 19, 2014 9:56:13 PM

Service sector lifts India's sagging tax revenues
New Delhi, Aug 19 (IANS) Despite a drop in customs and excise collections, India's mop up of indirect taxes touched nearly 25 percent of the annual budgeted target in the first four months of this fiscal.

Tuesday, August 19, 2014 9:36:11 PM

Diesel can be market-priced by September as crude goes under $100 (Roundup)
New Delhi, Aug 19 (IANS) With international crude oil prices dropping below the $100 a barrel-mark last Friday, motorists can look forward to similar cuts in petrol rates like that around Rs.2 a litre granted on Independence Day.

Tuesday, August 19, 2014 9:10:04 PM

FIIs buy Rs.1,183.12 crore in local equity markets
Mumbai, Aug 19 (IANS) Foreign institutional investors (FIIs) have become net-buyers in the Indian equities market which touched a record high Tuesday.

Tuesday, August 19, 2014 8:32:06 PM

Highways passing through a bad phase: Gadkari
New Delhi, Aug 19 (IANS) The highways sector in India is currently passing through a bad phase with many projects having been dropped for different reasons, Road Transport and Highways Minister Nitin Gadkari said Tuesday.

Tuesday, August 19, 2014 8:22:05 PM

Indian insurers allowed to invest in IFCA's $5 bn rupee bonds
Chennai, Aug 19 (IANS) Acceding to the request of International Finance Corporation (IFC), Indian insurance regulator IRDA has allowed Indian insurers to invest in its onshore rupee bonds, said a senior official.

Tuesday, August 19, 2014 7:54:04 PM

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