Business News

Last updated: Thursday, December 18, 2014 6:24:07 PM

UK men's magazines to hit Indian newsstands by year-end
New Delhi, Sep 10 (IANS) UK-based publisher Dennis Publishing will launch men-specific magazines in India this year in a joint venture with the country arm of Thai publication house Media Transasia, the company said Wednesday.

Wednesday, September 10, 2008 9:27:50 PM

Government plans to allow initial stage drug trials in India
Mumbai, Sep 10 (IANS) India's drug regulator agency Central Drugs Standard Control Organisation (CDSCO) is drawing up plans to allow international companies to conduct initial-stage drug trials in the country, a senior official said Wednesday.

Wednesday, September 10, 2008 9:16:00 PM

Kotak Mahindra hikes term deposit rate
Ahmedabad, Sep 10(IANS) Private sector lender Kotak Mahindra Bank(KMB) has increased the interest rate on its term deposits in the general category to 10.35 percent, a bank statement said Wednesday.

Wednesday, September 10, 2008 9:15:42 PM

Velankani group to set up Rs.13 bn SEZ in Sriperumbudur
Chennai, Sep 10 (IANS) Bangalore-based Velankani Technology Parks Ltd, a Velankani group company, announced Wednesday that it will invest Rs.13 billion to develop an electronic hardware manufacturing and IT enabled services (ITES) special economic zone (SEZ) at Sriperumbudur, near here.

Wednesday, September 10, 2008 7:56:44 PM

Larsen and Toubro bags $160 mn contract from Brazil
New Delhi, Sep 10 (IANS) Construction and engineering major Larsen and Toubro (L&T) Wednesday announced that it has bagged a $160 million contract from Brazilian oil giant Petrobras to supply equipment for its refinery project in that country.

Wednesday, September 10, 2008 7:07:13 PM

Six firms bid for BSNL's 93-mn GSM line order
New Delhi, Sep 10 (IANS) With the state-run telecom operator, Bharat Sanchar Nigam Ltd (BSNL), gearing up for third generation mobile services, six global network equipment makers have bid in a tender to supply 93 million GSM lines, a top company official said here Wednesday.

Wednesday, September 10, 2008 7:05:06 PM

Berggruen Hotels to expand operations in Morocco
New Delhi, Sep 10 (IANS) Berggruen Hotels, operator of Keys budget hotel chain in India, has signed a joint venture agreement with Filacom Pvt Ltd in Morocco to set up three and four-star hotels in that country.

Wednesday, September 10, 2008 6:55:33 PM

Panel visits Nano site in Singur
Kolkata, Sep 10 (IANS) The four-member team formed to study the contentious land acquisition issue visited Tata Motors' Nano plant site in West Bengal's Singur Wednesday to asses the vacant plots lying unused inside the project area.

Wednesday, September 10, 2008 6:05:29 PM

Share markets fall for second day in succession
Mumbai, Sep 10(IANS) Indian equity markets ended with losses Wednesday for the second day in succession on the back of weak global cues. Metal, realty and auto stocks drove the downslide.

Wednesday, September 10, 2008 5:42:59 PM

Tide Water to appoint consultant for disinvestment
Kolkata, Sep 10 (IANS) Lubricant manufacturer Tide Water Oil will appoint a consultant this week to start the process of disinvesting the 27 percent stake that parent firm Andrew Yule holds in it, a top company official said here Wednesday.

Wednesday, September 10, 2008 4:23:41 PM

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