Business News

Last updated: Sunday, August 30, 2015 6:56:15 PM

United Bank posts 27 percent growth in advances
Kolkata, April 16 (IANS) Public sector lender United Bank of India (UBI) Thursday reported 27 percent growth in advances at Rs.36,000 crore and 16 percent rise in deposits at Rs.54,000 crore in 2008-09.

Thursday, April 16, 2009 8:11:43 PM

IGI ticketing system develops snag, flights delayed
New Delhi, April 16 (IANS) A snag in the main ticketing system at the Indira Gandhi International Airport (IGIA) led to many flights getting delayed Thursday evening, a senior official said.

Thursday, April 16, 2009 7:46:32 PM

Delhi realtor to invest Rs.1,200 crore in integrated townships
Chandigarh, April 16 (IANS) Developer AIPL Ambuja, a joint venture between Delhi-based Advance India Projects Ltd and Ambuja Realty of Kolkata, is planning to invest Rs.1,200 crore in northern India to develop integrated townships across the region.

Thursday, April 16, 2009 7:06:43 PM

Housing for senior citizens launched
Chennai, April 16 (IANS) The Bangalore-based realtor Alliance Group Thursday announced it will develop a housing project for senior citizens here, and claimed it would be the first of its kind in India.

Thursday, April 16, 2009 6:25:51 PM

Oriental Insurance's profit likely to fall 78 percent
New Delhi, April 16 (IANS) Public sector insurance major Oriental Insurance Co Ltd (OICL) expects a steep fall of over 78 percent in profit for 2008-09, thanks to the economic slowdown.

Thursday, April 16, 2009 6:15:55 PM

'This is good time for US investors to return to India'
New Delhi, April 16 (IANS) Urging for 'greater US investment flow' into India, a top diplomat said here Thursday that this was a good time for foreign institutional investors (FIIs) to return to the country as the economic situation was improving.

Thursday, April 16, 2009 5:51:43 PM

Wednesday's gains reversed, Sensex down 300 points
Mumbai, April 16 (IANS) Investors ended a winning streak for the Indian equities markets Thursday as they booked profits in key sectoral stocks, resulting in a key index losing 300 points over its previous close after opening the day in the green.

Thursday, April 16, 2009 5:44:29 PM

Thales announces official creation of Samtel-Thales Avionics Pvt. Ltd.
New Delhi, April 16 (IANS) European aerosapce major Thales announced Thursday it had received official authorisation from the Foreign Investment Promotion Board to form a joint venture company with India's Samtel Avionics Ltd. to locally develop and produce helmet-mounted sight and display systems for Indian Air Force (IAF) combat jets.

Thursday, April 16, 2009 5:38:57 PM

HSBC India to go slow in consumer credit business
Kolkata, April 16 (IANS) HSBC India will go slow in the consumer credit business in 2009 following high level of 'impairment' of assets last year, a top official said here Thursday.

Thursday, April 16, 2009 5:18:38 PM

Hamid Ansari advocates alternate development models
Shimla, April 16 (IANS) Vice President Hamid Ansari Thursday said there is a need for developing alternate models of development keeping in mind the public outcry to the acquisition of agricultural land for special economic zones (SEZs).

Thursday, April 16, 2009 5:03:37 PM

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