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Last updated: Saturday, June 24, 2017 8:18:04 PM

Raise FDI cap in defence manufacturing to 74 percent: Working paper
New Delhi, May 17 (IANS) The question of capping foreign investment in India's defence manufacturing sector was thrown wide open Monday with a working paper circulated by the commerce and industry ministry suggesting this be raised to 74 percent, from the existing 26 percent, to encourage established players enter the field.

Monday, May 17, 2010 6:43:52 PM

Sensex recovers, still 159 points down
Mumbai, May 17 (IANS) Helped by strong results by Larsen and Toubro and steady European markets, a benchmark index for Indian equities Monday pulled back from intra-day lows to shut shop 159 points in the red.

Monday, May 17, 2010 6:00:37 PM

Shriram group bets big on construction equipment financing
Chennai, May 17 (IANS) Betting big on construction equipment financing, city-based business group Shriram is expecting to start operations next month through subsidiary Shriram Equipment Finance Company.

Monday, May 17, 2010 5:08:39 PM

Raise FDI cap to 74 percent in defence manufacturing: Working paper
New Delhi, May 17 (IANS) The foreign investment cap in the defence manufacturing sector should be raised to 74 percent, from the existing 26 percent, to encourage established players enter the field, a working paper circulated by the commerce and industry ministry says.

Monday, May 17, 2010 5:08:23 PM

SAIL mulls contracts with engineering exporters
Kolkata, May 17 (IANS) The Steel Authority of India Limited (SAIL) is mulling contracts with engineering export companies to mitigate the problem of volatility in input prices, a top SAIL official said here Monday.

Monday, May 17, 2010 4:32:32 PM

L&T Q4 net up 44 percent
Mumbai, May 17 (IANS) Engineering and construction major Larsen & Toubro (L&T) Monday said its net profit grew by 44 percent to Rs.1,438.10 crore for January-March quarter of 2009-10 from Rs.998.52 crore in the same period a year ago.

Monday, May 17, 2010 4:10:10 PM

India targets building 2,500-km highways in 2010-11
New Delhi, May 17 (IANS) India plans to build 2,500 km of new highways in 2010-11, which means 7 km will be added to the network every day -- well below the revised target of 12 km.

Monday, May 17, 2010 4:10:00 PM

Delhi Metro chief is back at work
New Delhi, May 17 (IANS) Delhi Metro chief E. Sreedharan returned to work Monday, more than a month after he suffered a heart attack and was told to rest at home, an official spokesman said.

Monday, May 17, 2010 3:56:59 PM

Sensex pares losses, ends 165 points lower
Mumbai, May 17 (IANS) A benchmark index for Indian equities markets Monday pared some of its intra-day losses to shut shop 165 points in the red.

Monday, May 17, 2010 3:49:03 PM

Highlights of infrastructure targets for fiscal 2010-11
New Delhi, May 17 (IANS) Following are the highlights of the annual infrastructure upgradation targets set by the Planning Commission Monday:

Monday, May 17, 2010 2:57:56 PM

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