Business News

Last updated: Sunday, December 21, 2014 9:12:09 PM

'Bailout won't affect AIG's India business'
Chennai, Sep 17 (IANS) The ownership change and the $85 billion bailout of American International Group (AIG) will not have any major impact on the insurance giant's operations in India, a top official said Wednesday.

Wednesday, September 17, 2008 10:25:52 PM

Mamata signals fresh agitation at Singur
Kolkata, Sep 17 (IANS) With West Bengal's ruling Left Front government declining to return 400 acres to farmers, Trinamool Congress chief Mamata Banerjee Wednesday signalled a fresh agitation in front of the Tata Motors Nano plant at Singur.

Wednesday, September 17, 2008 10:25:11 PM

AO Smith to set up plant in Bangalore
New Delhi, Sep 17 (IANS) US-based electronic water appliances maker AO Smith Wednesday announced its plans to set up an electric water heater manufacturing plant in Bangalore.

Wednesday, September 17, 2008 9:18:49 PM

Southeast Asian countries want to do business in northeast India
Guwahati, Sep 17 (IANS) Investors from three southeast Asian countries - Thailand, Vietnam and Cambodia - and Czech Republic have evinced keen interest in doing business with the northeast India.

Wednesday, September 17, 2008 9:15:49 PM

Banks hike foreign currency deposit rates
Mumbai, Sep 17 (IANS) Country's leading public sector banks State Bank of India (SBI) and Punjab National Bank (PNB) Wednesday announced hike in their interest rates on foreign currency non-resident (B) account deposits and non resident external (NRE) term deposits.

Wednesday, September 17, 2008 9:15:25 PM

Aurobindo Pharma gets US approval for HIV tablets
New Delhi, Sep 17 (IANS) Drug maker Aurobindo Pharma Ltd Wednesday said it has received tentative approval from the US Food and Drug Administration (USFDA) to manufacture and market Abacavir sulfate tablets, which are used in the treatment of HIV infection.

Wednesday, September 17, 2008 8:44:54 PM

Burgeoning wine market growth seen by 2010
New Delhi, Sep17 (IANS) The Indian wine industry is on a high, literally. The domestic wine market, currently growing at 20 percent, will grow at 25 percent by 2010, according to industry lobby Associated Chambers of Commerce and Industry of India (Assocham).

Wednesday, September 17, 2008 8:44:28 PM

Gujarat NRE Coke plans differential voting rights issue
Kolkata, Sep 17 (IANS) Metallurgical coke producer Gujarat NRE Coke is planning a differential voting rights (DVR) issue to hike its promoters' stake and protect it from takeover threats, the company said Wednesday.

Wednesday, September 17, 2008 8:34:23 PM

Lifetime achievement award for Kurien
Ahmedabad, Sep 17 (IANS) Verghese Kurien, father of the White Revolution in India and the architect of Operation Flood, has been honoured with the lifetime achievement award from the National Awards Committee of Agricultural Leadership Awards 2008.

Wednesday, September 17, 2008 8:31:36 PM

Tata Tea plans to test-market cold tea
Kolkata, Sep 17 (IANS) Tata Tea is planning to test-market its cold tea brand this fiscal, a company official said here Wednesday.

Wednesday, September 17, 2008 8:29:21 PM

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