Business News

Last updated: Saturday, July 26, 2014 3:34:05 PM

India Inc. alarmed over worsening economic conditions
New Delhi, June 29 (IANS) India's corporate sector is nervous about spiralling inflation that hit a 14-year high of 11.42 percent in the week ended June 14, but feels there could be moderate recovery in the medium term, said a survey by an industry lobby.

Sunday, June 29, 2008 11:38:51 AM

Saregama to invest Rs.1 bn in film production
Kolkata, June 28 (IANS) Saregama India Ltd, the entertainment arm of the Rs.135 billion RPG Group, announced Saturday it would invest up to Rs.1.5 billion in film production and other businesses over the next 18 months.

Saturday, June 28, 2008 11:11:50 PM

Bus conductor's son develops software for accountants
Chandigarh, June 28 (IANS) A bus conductor's son in Punjab has developed software to enable chartered accountants (CAs) to prepare balance sheets in the Indian rupee format of lakhs and crores, as against the internationally prevalent million-billion format.

Saturday, June 28, 2008 9:22:06 PM

Railways, Kerala in pact for coaches, wagons
New Delhi, June 28 (IANS) The ministry of railways and Kerala's department of industries and commerce Saturday signed a pact to form a joint venture for fabrication of bogie frames for passenger coaches and walls of railway wagons.

Saturday, June 28, 2008 7:41:39 PM

Tamil Nadu inks Rs.15 bn deal with Belgian firm
Chennai, June 28 (IANS) Belgium-based Hansen Transmissions International Saturday signed a Rs.15 billion agreement with the Tamil Nadu government to set up a plant in Coimbatore to manufacture gear boxes for wind turbines.

Saturday, June 28, 2008 7:17:17 PM

Nano project incurs Rs.3 bn cost overrun
Kolkata, June 28 (IANS) Tata Motors' small car project in Singur in West Bengal has incurred a cost overrun of Rs.3 billion ($71.4 million), the company's managing director Ravi Kant said Saturday.

Saturday, June 28, 2008 7:00:18 PM

Western Union signs up with SBI
Ahmedabad, June 28 (IANS) Western Union's services will now be available at all branches of the State Bank of India (SBI) in the country, the company said.

Saturday, June 28, 2008 6:10:43 PM

Subhiksha to acquire Blue Green Constructions
Chennai, June 28 (IANS) Subhiksha, India's leading food and grocery retailer, will acquire a majority stake in Chennai-based retail network Blue Green Constructions and Investments Ltd, the company said Saturday.

Saturday, June 28, 2008 6:10:10 PM

CII to train 25,000 school dropouts in southern states
Chennai, June 28 (IANS) The Confederation of Indian Industry (CII) will help upgrade the skills of 25,000 school dropouts in the southern states to make them employable, said a senior CII official here Saturday.

Saturday, June 28, 2008 5:53:02 PM

Tripura to introduce health insurance scheme for workers
Agartala, June 28 (IANS) The Tripura government will introduce a health insurance scheme for daily wage earners and those in the unorganised sector, a minister said Saturday.

Saturday, June 28, 2008 5:35:57 PM

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